Market Overview:
The global nickel sulphamate solution 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 sulphamate solutions in various applications such as medical, laboratory, and industrial applications. In addition, the growing demand for bio-tech grade and medical grade nickel sulphamate solutions is also contributing to the growth of this market. North America dominates the global nickel sulphamate solution market followed by Europe and Asia Pacific. However, Asia Pacific is expected to witness highest growth during the forecast period owing to rising demand from countries such as China and India.
Product Definition:
Nickel Sulphamate Solution is a solution of nickel sulphamate. It is used as a corrosion inhibitor and passivation agent for stainless steels, nickel alloys and other metals.
Technical Grade:
Technical grade is used in the production of nickel sulfamate solution. Nickel sulfamate solution is a greenish-yellow liquid that dissolves easily in water and has a mild odor. It's major application includes treating bacterial infections on skin, mucous membranes or any body part.
Bio-Tech Grade:
Bio-tech grade is a product that is obtained from the biological process and has high purity level. It helps in reducing the overall cost of the final product due to its low contamination level. Bio-tech grade products are used for producing nickel sulfamate solution which is widely used as an additive in food & beverage, pharmaceuticals, chemicals, water treatment and agriculture industry.
Application Insights:
The other application segment includes food and beverages, cosmetics, textiles and detergents. Nickel sulfamate is used as a preservative in the food industry to prevent bacterial growth due to contamination. It is also used in fruit juices where it acts as a sweetening agent and flavoring agent. The chemical has wide applications in the textile industry owing to its antimicrobial properties that help keep fabrics clean longer. Sulphamethoxine (prescription drug) is an oral medication for nasal congestion that contains nickel sulfamate as one of its active ingredients; however, there are no significant applications of this compound outside medical sectors globally.
In terms of revenue, industrial emerged as the largest segment with over 35% share of global volume in 2017 due to rising demand from various end-use industries such as pharmaceuticals/biotechnology laboratories and metal treatment facilities across the globe.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a large share of global population, which makes it susceptible to suffer from various health issues. In addition, rising disposable income levels coupled with growing awareness regarding chronic diseases are anticipated to drive the demand for medical products such as diagnostic kits and drugs in this region. This will propel industry growth over the next eight years.
North America accounted for a significant share of revenue in 2017 owing to high consumption levels of technical grade nickel sulphamate solution by laboratories across this region due to its superior properties as compared to other grades such as bio-tech grade and medical grade solutions.
Growth Factors:
- Increasing demand from battery and electronics industry
- Growing application in water treatment and agriculture industries
- Rising popularity of nickel sulphamate as a precursor for nickel-based catalysts
- Growing investments in research and development activities for the production of nickel sulphamate solution
- Increasing number of partnerships between key players to capitalize on new opportunities
Scope Of The Report
Report Attributes
Report Details
Report Title
Nickel Sulphamate Solution Market Research Report
By Type
Technical Grade, Bio-Tech Grade, Medical Grade
By Application
Medical, Laboratory, Industrial, Other
By Companies
Palm, Hart Materials, Eastmen Chemicals, Shriji Chemicals, Univertical, Shree Ganesh Chemicals, Mars Chemical Corporation, Insty Chem, Hubei Rison Chemical
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Nickel Sulphamate Solution Market Report Segments:
The global Nickel Sulphamate Solution market is segmented on the basis of:
Types
Technical Grade, Bio-Tech Grade, Medical Grade
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
Medical, Laboratory, Industrial, 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:
- Palm
- Hart Materials
- Eastmen Chemicals
- Shriji Chemicals
- Univertical
- Shree Ganesh Chemicals
- Mars Chemical Corporation
- Insty Chem
- Hubei Rison Chemical
Highlights of The Nickel Sulphamate Solution 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:
- Technical Grade
- Bio-Tech Grade
- Medical Grade
- By Application:
- Medical
- Laboratory
- Industrial
- 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 Sulphamate Solution 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
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 Sulphamate Solution is a water-based, non-toxic cleaning solution that can be used to clean surfaces. It is made up of nickel and sulphuric acid, which helps to remove dirt and stains.
Some of the major companies in the nickel sulphamate solution market are Palm, Hart Materials, Eastmen Chemicals, Shriji Chemicals, Univertical, Shree Ganesh Chemicals, Mars Chemical Corporation, Insty Chem, Hubei Rison Chemical.
The nickel sulphamate solution market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Nickel Sulphamate Solution Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Nickel Sulphamate Solution Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Nickel Sulphamate Solution Market - Supply Chain
4.5. Global Nickel Sulphamate Solution Market Forecast
4.5.1. Nickel Sulphamate Solution Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Nickel Sulphamate Solution Market Size (000 Units) and Y-o-Y Growth
4.5.3. Nickel Sulphamate Solution Market Absolute $ Opportunity
5. Global Nickel Sulphamate Solution Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Nickel Sulphamate Solution Market Size and Volume Forecast by Type
5.3.1. Technical Grade
5.3.2. Bio-Tech Grade
5.3.3. Medical Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Nickel Sulphamate Solution Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Nickel Sulphamate Solution Market Size and Volume Forecast by Application
6.3.1. Medical
6.3.2. Laboratory
6.3.3. Industrial
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Nickel Sulphamate Solution Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Nickel Sulphamate Solution Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Nickel Sulphamate Solution Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Nickel Sulphamate Solution Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Nickel Sulphamate Solution Demand Share Forecast, 2019-2026
9. North America Nickel Sulphamate Solution Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Nickel Sulphamate Solution Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Nickel Sulphamate Solution Market Size and Volume Forecast by Application
9.4.1. Medical
9.4.2. Laboratory
9.4.3. Industrial
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Nickel Sulphamate Solution Market Size and Volume Forecast by Type
9.7.1. Technical Grade
9.7.2. Bio-Tech Grade
9.7.3. Medical Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Nickel Sulphamate Solution Demand Share Forecast, 2019-2026
10. Latin America Nickel Sulphamate Solution Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Nickel Sulphamate Solution Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Nickel Sulphamate Solution Market Size and Volume Forecast by Application
10.4.1. Medical
10.4.2. Laboratory
10.4.3. Industrial
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Nickel Sulphamate Solution Market Size and Volume Forecast by Type
10.7.1. Technical Grade
10.7.2. Bio-Tech Grade
10.7.3. Medical Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Nickel Sulphamate Solution Demand Share Forecast, 2019-2026
11. Europe Nickel Sulphamate Solution Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Nickel Sulphamate Solution Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Nickel Sulphamate Solution Market Size and Volume Forecast by Application
11.4.1. Medical
11.4.2. Laboratory
11.4.3. Industrial
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Nickel Sulphamate Solution Market Size and Volume Forecast by Type
11.7.1. Technical Grade
11.7.2. Bio-Tech Grade
11.7.3. Medical Grade
11.8. Basis Point Share (BP) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Nickel Sulphamate Solution Demand Share, 2019-2026
12. Asia Pacific Nickel Sulphamate Solution Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Nickel Sulphamate Solution Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Nickel Sulphamate Solution Market Size and Volume Forecast by Application
12.4.1. Medical
12.4.2. Laboratory
12.4.3. Industrial
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Nickel Sulphamate Solution Market Size and Volume Forecast by Type
12.7.1. Technical Grade
12.7.2. Bio-Tech Grade
12.7.3. Medical Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Nickel Sulphamate Solution Demand Share, 2019-2026
13. Middle East & Africa Nickel Sulphamate Solution Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Nickel Sulphamate Solution Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Nickel Sulphamate Solution Market Size and Volume Forecast by Application
13.4.1. Medical
13.4.2. Laboratory
13.4.3. Industrial
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Nickel Sulphamate Solution Market Size and Volume Forecast by Type
13.7.1. Technical Grade
13.7.2. Bio-Tech Grade
13.7.3. Medical Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Nickel Sulphamate Solution Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Nickel Sulphamate Solution Market: Market Share Analysis
14.2. Nickel Sulphamate Solution Distributors and Customers
14.3. Nickel Sulphamate Solution Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Palm
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hart Materials
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Eastmen Chemicals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shriji Chemicals
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Univertical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shree Ganesh Chemicals
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mars Chemical Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Insty Chem
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hubei Rison Chemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
