Market Overview:
The global nickel sulfate hexahydrate (10101-97-0) market is expected to register a CAGR of 5.5% during the forecast period, 2018–2030. The power type segment is projected to account for the highest share of the global nickel sulfate hexahydrate (10101-97-0) market in 2018. Asia Pacific is estimated to be the fastest growing region in terms of revenue, during the forecast period. The key factors driving growth of the global nickel sulfate hexahydrate (10101-97-0) market include increasing demand from various end user industries such as ni plating, dye and catalyst applications. In addition, rising awareness about benefits offered by nickel sulfate hexahydrate (10101-97-0), especially in developing countries is also propelling growth of this market.
 Industry Outlook.svg)
Product Definition:
Nickel Sulfate Hexahydrate is a chemical compound with the formula NiSO4·6H2O. It is a blue-green solid that is soluble in water. Nickel sulfate hexahydrate occurs as the mineral nickeline.
Power:
Nickel sulfate hexahydrate is a chemical compound of nickel and sulfur with formula Ni(SH)2. It occurs in two forms, namely hexagonal (rutile) and cubic (fayalite). The pure form of nickel sulfate has an odor like garlic when it is heated; whereas the mixture exhibits sweetish aroma.
Solution:
Solution is a transparent liquid containing nickel sulfate hexahydrate. It is used as an additive in printing inks, paints, and coatings on account of exhibiting properties such as high viscosity and stability towards oxidation. In addition, it can be utilized to produce water-based emulsions having higher consistency than the base oil which makes them suitable for coating paper & pulp.
Application Insights:
The application segment includes nickel sulfate hexahydrate as a catalyst, solution, and Ni plating. Nickel sulfate hexahydrate is used for the production of various chemicals such as polyvinyl chloride, polystyrene, and others which are used in the construction industry. It is also utilized in paints & coatings where it acts as an additive to improve film formation and prevent sludge build-up during dry-film coating processes.
Dyeing process using nickel compounds has been popular since centuries ago when people started coloring cloth with natural vegetable dyes. The modern technique of dyeing involves using chemical agents that produce faster colors while maintaining quality standards set by regulatory authorities such as Oeko-Tex Standard 100 for textile manufacturing worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The presence of major stainless steel manufacturers in China, India, Japan and Taiwan has led to a high demand for nickel sulfate hexahydrate. In addition, rising production of automobiles in Asia Pacific countries such as China and India coupled with growing construction industry is anticipated to drive product demand over the coming years.
North America emerged as the second-largest regional market for nickel sulfate hexahydrate after Asia Pacific owing to increasing stainless steel manufacturing capacity in U.S., Canada and Mexico on account of rising domestic consumption along with strong export performance from North America region which was mainly driven by growing automotive industry particularly electric vehicles in U.S.
Growth Factors:
- Increasing demand from battery and electroplating industries
- Growing use of nickel sulfate in agriculture as a fertilizer
- Rising popularity of nickel-based alloys in various end-use industries
- Technological advancements that have led to the development of new applications for nickel sulfate hexahydrate
- Stringent environmental regulations governing the production and use of pollutants like sulfur dioxide
Scope Of The Report
Report Attributes
Report Details
Report Title
Nickel Sulfate Hexahydrate (10101-97-0) Market Research Report
By Type
Power, Solution
By Application
Ni plating, Dye, Catalyst
By Companies
Merck KGaA, Spectrum Chemical, Avantor, Sisco Research Laboratories Pvt.Ltd, Thermo Fisher Scientific, Guangdong Guanghua Sci-Tech, American Elements, Honeywell, BeanTown Chemical, Strem Chemicals, Noah Technologies
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
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Nickel Sulfate Hexahydrate (10101-97-0) Market Report Segments:
The global Nickel Sulfate Hexahydrate (10101-97-0) market is segmented on the basis of:
Types
Power, Solution
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
Ni plating, Dye, Catalyst
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:
- Merck KGaA
- Spectrum Chemical
- Avantor
- Sisco Research Laboratories Pvt.Ltd
- Thermo Fisher Scientific
- Guangdong Guanghua Sci-Tech
- American Elements
- Honeywell
- BeanTown Chemical
- Strem Chemicals
- Noah Technologies
 Market Overview.svg)
Highlights of The Nickel Sulfate Hexahydrate (10101-97-0) 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:
- Power
- Solution
- By Application:
- Ni plating
- Dye
- Catalyst
- 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 Sulfate Hexahydrate (10101-97-0) 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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 sulfate hexahydrate is a white, crystalline powder with a characteristic odor. It is used as an agricultural and industrial chemical, and in the manufacture of nickel-cadmium batteries.
Some of the major companies in the nickel sulfate hexahydrate (10101-97-0) market are Merck KGaA, Spectrum Chemical, Avantor, Sisco Research Laboratories Pvt.Ltd, Thermo Fisher Scientific, Guangdong Guanghua Sci-Tech, American Elements, Honeywell, BeanTown Chemical, Strem Chemicals, Noah Technologies.
The nickel sulfate hexahydrate (10101-97-0) market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nickel Sulfate Hexahydrate (10101-97-0) 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 Sulfate Hexahydrate (10101-97-0) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nickel Sulfate Hexahydrate (10101-97-0) 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 Sulfate Hexahydrate (10101-97-0) 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 Sulfate Hexahydrate (10101-97-0) Market Size & Forecast, 2020-2028
4.5.1 Nickel Sulfate Hexahydrate (10101-97-0) Market Size and Y-o-Y Growth
4.5.2 Nickel Sulfate Hexahydrate (10101-97-0) 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 Power
5.2.2 Solution
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 Ni plating
6.2.2 Dye
6.2.3 Catalyst
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nickel Sulfate Hexahydrate (10101-97-0) 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 Sulfate Hexahydrate (10101-97-0) 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 Power
9.6.2 Solution
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 Ni plating
9.10.2 Dye
9.10.3 Catalyst
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 Power
10.6.2 Solution
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 Ni plating
10.10.2 Dye
10.10.3 Catalyst
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 Power
11.6.2 Solution
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 Ni plating
11.10.2 Dye
11.10.3 Catalyst
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 Power
12.6.2 Solution
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 Ni plating
12.10.2 Dye
12.10.3 Catalyst
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 Power
13.6.2 Solution
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 Ni plating
13.10.2 Dye
13.10.3 Catalyst
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 Sulfate Hexahydrate (10101-97-0) Market: Competitive Dashboard
14.2 Global Nickel Sulfate Hexahydrate (10101-97-0) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Merck KGaA
14.3.2 Spectrum Chemical
14.3.3 Avantor
14.3.4 Sisco Research Laboratories Pvt.Ltd
14.3.5 Thermo Fisher Scientific
14.3.6 Guangdong Guanghua Sci-Tech
14.3.7 American Elements
14.3.8 Honeywell
14.3.9 BeanTown Chemical
14.3.10 Strem Chemicals
14.3.11 Noah Technologies
