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Nickel Hydroxide Market: Global Industry Analysis and Forecast 2016 - 2022
Persistence Market Research Released New Market Report on Nickel Hydroxide Market:
Global Industry Analysis and Forecast 2016 - 2022.
Nickel Hydroxide, generally used in rechargeable battery electrodes, by oxidation to nickel(III)
oxide-hydroxide. Nickel hydroxide is denoted by Ni(OH)2 and is an insoluble chemical
compound having strong redox properties. The mineral form of nickel hydroxide, also known as
theophrastite, was first discovered in northern Greece in 1980. Nickel Hydroxide is a translucent
emerald-green crystal, formed naturally in thin sheet form near the boundaries of chlorite and
idocrase crystals.
Nickel hydroxide has a molecular weight of 92.71 g/mol, having a melting point of 230?C. Nickel
hydroxide has two distinct pseudopolymorphs, namely - and -Ni(OH)2 forms. The structure
is made up of Ni(OH)2 layers, having intercalated anions or water molecules between them.
The type is a hexagonal closest-packed structure of OH- and Ni2+ ions, minus any kind of
intercalated ions. Besides the and forms of nickel hydroxide, a number of -Ni(OH)2 have
been described, which are made up of crystal structures having much bigger inter-sheet
distances.
The global nickel hydroxide market is projected to register a high growth in demand due to the
increasing requirements of nickel hydroxide as electrodes in electrochemical batteries. The long
battery life, utmost reliability, and superior performance of the nickel hydroxide based batteries,
as compared to the other types of batteries are expected to fuel the growth of the global nickel
hydroxide market. However, the toxicity concerns related to Ni2+ ions are poised to hinder the
growth of the global nickel hydroxide market. Additionally, the rising prices of raw materials may
hinder the growth of the global nickel hydroxide market over the forecast period.
The global nickel hydroxide market is segmented on the basis of product type, end-use industry,
and regions.
On the basis of product type, the global nickel hydroxide market is segmented into:
Ni(OH)2
Ni(OH)2
Ni(OH)2
On the basis of end-use industry, the global nickel hydroxide market is segmented into:
Electrochemical batteries
Food industry
Nickel Hydroxide Market: Global Industry Analysis and Forecast 2016 - 2022
Agriculture industry
Chemical industry,
The global nickel hydroxide market is anticipated to register a favourable growth for the forecast
period, 2015-2025. On the basis of geographic regions, global nickel hydroxide market is
segmented into seven key market segments namely North America, Latin America, Western
Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa. Among aforementioned
regions, Asia Pacific and Latin America have been the fastest growing region during the forecast
period 2015-2025. In Asia-Pacific, China dominates (driven by strong increases in
electrochemical battery usage) the nickel hydroxide market. In past five years, the North
America dominates the market, followed by Western Europe. The remaining regions are
expected to grow at a steady rate over the forecast period.
Major players in the global nickel hydroxide market are currently focused on enhancing the
product portfolio and enhancing the service offering so as to attract more consumers.
Furthermore, companies are currently turning their attention towards the emerging economies of
Asia Pacific, MEA and Latin America, as these regions exhibit untapped opportunities.
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Some of the key players identified in the global nickel hydroxide market are Sigma-Aldrich Co.
LLC., Norilsk Nickel, ALT Cobalt & Nickel, Shepherd, Kanssai Catalyst, Supraveni Chemicals,
Nippy Chemicals, Jien Nickel, Vale, SMM, Glencore, BHP Billiton , ERAMET, First Quantum,
Hard Creek, Henan Kelong, Jinchuan Group, Jiangmen Fangyuan, and The Shepherd Chemical
Company, etc., among others.
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Report:
Nickel Hydroxide Market: Global Industry Analysis and Forecast 2016 - 2022
Technology
Value Chain
North America
Latin America
Europe
Report Highlights:
Nickel Hydroxide Market: Global Industry Analysis and Forecast 2016 - 2022
4. The report provides company profiles of some of the leading companies operating in the
market
5. The report also provides porters five forces analysis of the market.
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Nickel Hydroxide Market: Global Industry Analysis and Forecast 2016 - 2022
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