Global Nickel Sulfate Sales Market Report 2021

Nickel Sulfate, usually refers to the inorganic compound with the formula NiSO4 (H2O)6. This highly soluble blue-coloured salt is a common source of the Ni2+ ion for electroplating. At least seven Sulfate salts of nickel (II) are known. These salts differ in terms of their hydration or crystal habit.
The common tetragonal hexahydrate crystallizes from aqueous solution between 30.7 and 53.8 °C. Below these temperatures, a heptahydrate crystallises, and above these temperatures an orthorhombic hexahydrate forms. The yellow anhydrous form, NiSO4, is a high melting solid that is rarely encountered in the laboratory. This material is produced by heating the hydrates above 330 °C. It decomposes at still higher temperatures to nickel oxide.
X-ray crystallography measurements show that NiSO4•6H2O consists of the octahedral [Ni (H2O)6]2+ ions. These ions in turn are hydrogen bonded to Sulfate ions. Dissolution of the salt in water gives solutions containing the aquo complex [Ni (H2O)6]2+.
Nickel sulfate industry is relatively fragmented, manufacturers are mostly in the China, Taiwan, Japan and Europe. As for output value, Europe and North America output value accounted for more than 60.38% of the total output value of global nickel sulfate market. Norilsk Nickel is the world leading manufacturer in global nickel sulfate market with the market share of 13.94%, in terms of revenue.

Market Analysis and Insights: Global Nickel Sulfate Market
The global Nickel Sulfate market was valued at US$ 2122.7 in 2020 and will reach US$ 2579.2 million by the end of 2027, growing at a CAGR of 3.3% during 2022-2027.

Global Nickel Sulfate Scope and Market Size
The global Nickel Sulfate market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Nickel Sulfate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
EN Grade
Plating Grade
High-Purity Grade

Segment by Application
Electroplating
Chemical
Battery

The Nickel Sulfate market is analysed and market size information is provided by regions (countries). Segment by Application, the Nickel Sulfate market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Norilsk Nickel
Umicore
Sumitomo Metal Mining Co., Ltd. (SMM)
Mechema
Outotec
Nicomet
Coremax
Zenith
SEIDO CHEMICAL INDUSTRY CO., LTD.
Jilin Jien Nickel Industry
Jinchuan
Green Eco-Manufacturer
Jinco Nonferrous
Huaze Cobalt & Nickel
Guangxi Yinyi

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