Pune, India -- (SBWIRE) -- 11/21/2017 -- Key Players:
The Leading Market Players in the Global Nickel Hydroxide Market primarily include:
- Norilsk Nickel
- Sumitomo Metal Mining Co., Ltd
- ERAMET
- Tanaka Chemical Corporation
- Jiangmen chancsun Umicore Industry Co., Ltd
- Henan Kelong New Energy Co., Ltd
- Jilin Jien Nickel Industry Co., LTD
- ALT Cobalt & Nickel Products (Dalian) Co., Ltd
Nickel Hydroxide Global Market – Overview
Nickel Hydroxide is a green, crystalline, inorganic compound that produces toxic gases upon heating. Nickel Hydroxide is used in nickel-cadmium batteries and as a catalyst in chemical reactions. Exposure to this substance can cause severe dermatitis, skin and asthma-like allergies and affects the lungs, kidneys, gastrointestinal tract and neurological system. Nickel Hydroxide is a known carcinogen and is associated with an increased risk of developing lung and nasal cancers. (NCI05)
According to a recent study report published by the Market Research Future, The Global Nickel Hydroxide Market has seen a positive growth in the past few years and is estimated to progress continually with outstanding growth record. MRFR Analysis also anticipates that the global market of Nickel Hydroxide is forecasted to witness a thriving growth and will reach to the US $2,841.91 Million by 2021, from $2,298.50 Million in 2016 with a striking CAGR during the anticipated period (2016 – 2021).
The report states that the Global Nickel hydroxide is an integral chemical compound which is mostly used for manufacturing of batteries. As per the report, it has been analyzed that increasing demand for batteries will simultaneously increase the demand for nickel hydroxide. From the application segment, the mid-high rate batteries have accounted the largest share in 2016 followed by pocket batteries. Geographically, China ranks top in productions and capacity.
The Global Nickel Hydroxide Market had witnessed a growth over 6% of CAGR during the period 2011-2016 and further expected to grow with a striking CAGR of during the forecasted period 2016-2021. The total market size of Nickel Hydroxide has been evaluated at US$ 2298.50 million in the year 2016.
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Nickel Hydroxide Global Market – Regional Analysis
China is leading the market of Nickel Hydroxide with the largest market share followed by Europe which accounted for a substantial market share in the year 2016. Asia Pacific is a prominent market for Nickel Hydroxide which dominated the Global market share. The North American and European Nickel Hydroxide market stands as second largest market which is expected to grow with a decent CAGR during the forecasted period.
Key Points from Table of Content:
8 Major Manufacturer Analysis of Nickel Hydroxide
8.1 Norilsk Nickel
8.1.1 Company Profile
8.1.2 Product Picture and Specification
8.1.2.1 Specification
8.1.3 Financials
8.1.4 Contact Information
8.2 Sumitomo Metal Mining Co., Ltd.
8.2.1 Overview
8.2.2 Product Picture and Specifications
8.2.2.1 Product Pictures
8.2.3 Financials
8.2.4 Contact Information
8.3 Eramet
8.3.1 Overview
8.3.2 Product Picture and Specifications
8.3.2.1 Product Pictures
8.3.3 Financials
8.3.4 Contact Information
8.4 Tanaka Chemical Corporation
8.4.1 Overview
8.4.2 Products Pictures and Specification
8.4.2.1 Pictures
8.4.3 Financials
8.4.4 Contact Information
8.5 Jiangmen Chancsun Umicore Industry Co., Ltd
8.5.1 Company Profile
8.5.2 Product Pictures and Specification
8.5.2.1 Pictures
8.5.2.2 Specification
8.5.3 Financials
8.5.4 Contact Information
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