Market Overview:
The global spherical nickel powder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for nickel in various applications such as MLCC, magnetic fluid materials, high efficiency catalyst, and others. In terms of type, the 10-45 μm segment is expected to hold the largest share of the global spherical nickel powder market during the forecast period. This can be attributed to its growing demand from various end-use industries such as automotive and electronics. In terms of region, Asia Pacific is expected to dominate the global spherical nickel powder market during the forecast period owing to its large population and rising disposable income levels in countries such as China and India.
Product Definition:
Spherical Nickel Powder is a form of nickel that has been ground into tiny spherical particles. It is often used in the production of various alloys, as well as in other industrial applications.
10-45 μm:
10-45μm is the most widely used size of spherical nickel powder. It has a high usage rate in various applications such as medical, electronics and semiconductor industry, research & development activities, catalysts and other industrial purposes. The 10-45μm size has a purity level of 99%.
15-53 μm:
15-53μm is the wavelength of Spherical Nickel Powder (SNP). It's a special type of nickel powder used in high-precision metrology applications. SNP has been developed by modifying conventional spherical powders to achieve desired performance characteristics for specific applications.
Application Insights:
The MLCC application segment accounted for the largest share of over 40.0% in 2017 and is projected to witness significant growth over the forecast period. Nickel powder has been used as a catalyst in reforming process for manufacturing MLCC from LME nickel powders since its inception, thus enabling high-purity nickel production with low energy consumption and operating costs.
Spherical nickel powder is also used as an active material in magnets other than permanent magnets, such as rare earth magnet motors, electric motors and generators, superconductive magnetic levitation trains (SMRT), etc., owing to its excellent properties including low hysteresis loss & thermal conductivity when compared with conventional iron powders. The growing use of these magnets across various applications including MRI scanners, particle accelerators & science laboratories on account of their superior properties is expected to drive product demand over the coming years.
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 increasing MLCC production, magnetic tapes & labels demand from various end-use industries such as automotive, packaging, and healthcare. In addition, rising population coupled with rapid urbanization in emerging countries such as India and China is anticipated to boost product demand in construction applications.
North America accounted for a significant share of global volume owing to growing MLCC production mainly by companies including Honeywell International Inc., Emerson Electric Co., Johnson Controls Inc., among others. Furthermore, high penetration rate of electric vehicles along with rising R&D activities for improving vehicular efficiency are projected to drive the regional market over the forecast period.
Growth Factors:
- Increasing demand from the aerospace and defense industry for spherical nickel powder as a component in various alloys is expected to drive the market growth.
- Growing demand for nickel-based superalloys in the energy sector is also anticipated to propel the market growth over the forecast period.
- Rising use of spherical nickel powder in medical implants and prosthetics is another key factor that would fuel market expansion during the forecast period.
- Growing popularity of nanotechnology across different industrial sectors is projected to create new opportunities for market players operating in this space over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Spherical Nickel Powder Market Research Report
By Type
10-45 μm, 15-53 μm, Other
By Application
MLCC, Magnetic Fluid Materials, High Efficiency Catalyst, Other
By Companies
Edgetech Industries, CNPC POWDER, Tekna, Atlantic Equipment Engineers, Hart Materials, Hunter Chemical, Novamet Specialty Products, Changsha LLEEU Metal Material
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
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Spherical Nickel Powder Market Report Segments:
The global Spherical Nickel Powder market is segmented on the basis of:
Types
10-45 μm, 15-53 μm, Other
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
MLCC, Magnetic Fluid Materials, High Efficiency Catalyst, 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:
- Edgetech Industries
- CNPC POWDER
- Tekna
- Atlantic Equipment Engineers
- Hart Materials
- Hunter Chemical
- Novamet Specialty Products
- Changsha LLEEU Metal Material
Highlights of The Spherical Nickel Powder 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:
- 10-45 μm
- 15-53 μm
- Other
- By Application:
- MLCC
- Magnetic Fluid Materials
- High Efficiency Catalyst
- 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 Spherical Nickel Powder 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
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- Identifying Appropriate Advertising Appeals
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?
Spherical nickel powder is a type of nickel powder that has been ground into a fine, spherical shape. It is often used in industrial applications, such as in the production of batteries and other electronic devices.
Some of the major players in the spherical nickel powder market are Edgetech Industries, CNPC POWDER, Tekna, Atlantic Equipment Engineers, Hart Materials, Hunter Chemical, Novamet Specialty Products, Changsha LLEEU Metal Material.
The spherical nickel powder 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 Spherical Nickel Powder 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 Spherical Nickel Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Spherical Nickel Powder 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 Spherical Nickel Powder 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 Spherical Nickel Powder Market Size & Forecast, 2020-2028
4.5.1 Spherical Nickel Powder Market Size and Y-o-Y Growth
4.5.2 Spherical Nickel Powder 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 10-45 μm
5.2.2 15-53 μm
5.2.3 Other
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 MLCC
6.2.2 Magnetic Fluid Materials
6.2.3 High Efficiency Catalyst
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Spherical Nickel Powder 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 Spherical Nickel Powder 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 10-45 μm
9.6.2 15-53 μm
9.6.3 Other
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 MLCC
9.10.2 Magnetic Fluid Materials
9.10.3 High Efficiency Catalyst
9.10.4 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 10-45 μm
10.6.2 15-53 μm
10.6.3 Other
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 MLCC
10.10.2 Magnetic Fluid Materials
10.10.3 High Efficiency Catalyst
10.10.4 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 10-45 μm
11.6.2 15-53 μm
11.6.3 Other
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 MLCC
11.10.2 Magnetic Fluid Materials
11.10.3 High Efficiency Catalyst
11.10.4 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 10-45 μm
12.6.2 15-53 μm
12.6.3 Other
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 MLCC
12.10.2 Magnetic Fluid Materials
12.10.3 High Efficiency Catalyst
12.10.4 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 10-45 μm
13.6.2 15-53 μm
13.6.3 Other
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 MLCC
13.10.2 Magnetic Fluid Materials
13.10.3 High Efficiency Catalyst
13.10.4 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 Spherical Nickel Powder Market: Competitive Dashboard
14.2 Global Spherical Nickel Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Edgetech Industries
14.3.2 CNPC POWDER
14.3.3 Tekna
14.3.4 Atlantic Equipment Engineers
14.3.5 Hart Materials
14.3.6 Hunter Chemical
14.3.7 Novamet Specialty Products
14.3.8 Changsha LLEEU Metal Material
