Market Overview:
The global nickel sulfamate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for precision nickel plating and electroforming applications, and rising demand from emerging economies such as China and India. In terms of type, the market is segmented into solution and solid. The solution segment is expected to account for a larger share of the market in 2018 owing to its growing use in precision nickel plating and electroforming applications. By application, the market is divided into precision nickel plating, electroforming, other (including battery manufacturing and medical implants), among others.
Product Definition:
Nickel sulfamate is a salt of nickel and sulfamic acid. It has the chemical formula NiSO4(NH2)3. It is used as an additive in some alloys to improve their properties, including strength and corrosion resistance. Nickel sulfamate can also be used as a catalyst for some chemical reactions.
Solution:
Solution is a chemical compound or combination of compounds used as an additive in various end-use industries such as food & beverages, pharmaceuticals and cosmetics. Solution can be both synthetic (man-made) and natural. The most common types of solutions are water-based, oil-based, powder based and liquid based. Solutions are also available in different forms such as syrups, liquids and powders which further include dry form solutions like solvents among others.
Solid:
Solid is a product that exists in two forms, namely solid and liquid. Solid can be produced by heating the solution or by cooling the melted solution. The solid can also be formed when there is a change in temperature of the liquid state without getting changed into a gaseous form.
Application Insights:
Precision nickel coating was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Nickel sulfamate-based coatings are used for precision coating on various metal substrates, such as steel, aluminum and non-ferrous metals. The coatings are used for producing components with smooth surfaces that offer low friction coefficient.
The electroforming industry is anticipated to grow at a CAGR of XX% from 2018 to 2030 owing to increasing demand for nickel products in electrical applications including batteries, conductors and switches. Batteries dominated the electroforming industry accounting for over 45% of total market revenue in 2017 due largely to their rising use across various end-use industries including automotive & transportation, consumer electronics among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from end-use industries such as electronics, automotive, and medical. In addition, increasing foreign investments coupled with favorable government policies are anticipated to drive the regional nickel sulfamate market over the forecast period.
The Asia Pacific was followed by North America which accounted for a share of 24% in terms of volume in 2017 owing to high consumption levels from automotive industry on account of stringent regulations regarding fuel efficiency coupled with growing environmental concerns about carbon emissions. Increasing production levels for electric vehicles is also likely to have a positive impact on product demand over the coming years.
Europe emerged as one of major consumers due to presence several automobile manufacturers including Volkswagen Group; Daimler AG; BMW AG; Mercedes Benz AMG GmbH & Co.
Growth Factors:
- Increasing demand from the galvanizing industry for corrosion protection of steel products.
- Growing demand for nickel sulfamate in the battery and chemical industries.
- Rising production of stainless steel and other nickel-containing alloys in developing countries such as China and India.
- Increasing use of nickel sulfamate as a precursor to other nickel compounds, such as nickel nitrate and ammonium niobate pentahydrate, which are used in various industrial applications including electronics, optics, glass manufacturing etcetera
Scope Of The Report
Report Attributes
Report Details
Report Title
Nickel Sulfamate Market Research Report
By Type
Solution, Solid
By Application
Precision Nickel Plating, Electroforming, Other
By Companies
NIHON KAGAKU SANGYO, Technic, Palm Commodities International, Electro-Coatings, Transene, DiFruscia Industries, Umicore, Zhangjiagang Huayi Chemical, Shanghai Huilong Chemical, SEOAN CHEMTEC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Nickel Sulfamate Market Report Segments:
The global Nickel Sulfamate market is segmented on the basis of:
Types
Solution, Solid
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Precision Nickel Plating, Electroforming, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NIHON KAGAKU SANGYO
- Technic
- Palm Commodities International
- Electro-Coatings
- Transene
- DiFruscia Industries
- Umicore
- Zhangjiagang Huayi Chemical
- Shanghai Huilong Chemical
- SEOAN CHEMTEC
Highlights of The Nickel Sulfamate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solution
- Solid
- By Application:
- Precision Nickel Plating
- Electroforming
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Nickel Sulfamate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Nickel sulfamate is a white crystalline powder that is used as a food additive. It helps to prevent food from spoiling and can also add flavor. Nickel sulfamate is most commonly found in processed foods, such as potato chips and cake mixes.
Some of the major companies in the nickel sulfamate market are NIHON KAGAKU SANGYO, Technic, Palm Commodities International, Electro-Coatings, Transene, DiFruscia Industries, Umicore, Zhangjiagang Huayi Chemical, Shanghai Huilong Chemical, SEOAN CHEMTEC.
The nickel sulfamate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nickel Sulfamate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Nickel Sulfamate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nickel Sulfamate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Nickel Sulfamate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Nickel Sulfamate Market Size & Forecast, 2020-2028
4.5.1 Nickel Sulfamate Market Size and Y-o-Y Growth
4.5.2 Nickel Sulfamate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Solution
5.2.2 Solid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Precision Nickel Plating
6.2.2 Electroforming
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nickel Sulfamate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Nickel Sulfamate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Solution
9.6.2 Solid
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Precision Nickel Plating
9.10.2 Electroforming
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Solution
10.6.2 Solid
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Precision Nickel Plating
10.10.2 Electroforming
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Solution
11.6.2 Solid
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Precision Nickel Plating
11.10.2 Electroforming
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Solution
12.6.2 Solid
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Precision Nickel Plating
12.10.2 Electroforming
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Solution
13.6.2 Solid
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Precision Nickel Plating
13.10.2 Electroforming
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Nickel Sulfamate Market: Competitive Dashboard
14.2 Global Nickel Sulfamate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NIHON KAGAKU SANGYO
14.3.2 Technic
14.3.3 Palm Commodities International
14.3.4 Electro-Coatings
14.3.5 Transene
14.3.6 DiFruscia Industries
14.3.7 Umicore
14.3.8 Zhangjiagang Huayi Chemical
14.3.9 Shanghai Huilong Chemical
14.3.10 SEOAN CHEMTEC
