The global Nickel Sulfate((NiSO4(H2O)6) market size was USD 1.78 Billion in 2022 and is expected to register a rapid revenue CAGR of 7.8% during the forecast period. Increasing adoption of Nickel Sulfate as a micronutrient for crops in agriculture, and rising demand for Battery Energy Storage Systems (BESS) are key factors driving market revenue growth.

Factors influencing the growth of the Nickel Sulfate market and impacting the growth of the industry are studied extensively in the report. The report considers the COVID-19 pandemic as one of the key influencing factors of the Nickel Sulfate market. The report discusses in detail the positive and negative impact of the pandemic on the Nickel Sulfate industry. The supply chain disruptions and economic volatility have altered the dynamics of the Nickel Sulfate industry. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario. 

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Competitive Outlook: The leading companies operating in the Nickel Sulfate market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Nickel Sulfate Market and Profiled in the Report are:

Arrow Resources, Stellantis NV, FPX Nickel, Umicore, Norilsk Nickel, GEM Co., Ltd, Sumitomo Metal Mining Co., Ltd., Jinchuan Group International Resources Co. Ltd., BHP, Boliden Group, Glencore, Huayou Cobalt Co., Ltd., Jinco Nonferrous Co. Ltd., Indian Platinum Private Limited, Zenith Chemical Corporation, and Vizagchemical.co

Objectives of the Report:

Study of the global Nickel Sulfate market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Nickel Sulfate market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Nickel Sulfate market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Nickel Sulfate market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

  • Form Outlook (Revenue, USD Billion; 2019-2032)

    • Anhydrous
    • Heptahydrate
    • Hexahydrate

  • Grade Outlook (Revenue, USD Billion; 2019-2032)

    • EN Grade
    • Plating Grade
    • High-Purity Grade

  • Application Outlook (Revenue, USD Billion; 2019-2032)

    • Electroplating
    • Batteries
    • Chemical Analyst
    • Pigments
    • Others

Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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