-- Market Research Future (MRFR) Announces the Publication of its Research Report Nickel Hydroxide Market
This report states that the global nickel hydroxide market has seen a positive growth in the past few years and it is estimated that the market will grow significantly in near future. Nickel hydroxide is an integral chemical compound which is mostly used batteries manufacturing. 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 has accounted the largest share in 2016 followed by pocket batteries. Geographically, China ranks top in productions and capacity.
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Key Players
Market Research Future (MRFR) recognizes the following companies as the key players in the global nickel hydroxide market: Norilsk Nickel, Sumitomo Metal Mining Co., Ltd, ERAMET, Tanaka Chemical Corporation.
Other Prominent Vendors in the market are: 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 and others.
The Nickel Hydroxide Market has experienced a prospective growth in the past few years and it is predicted that the market will grow significantly in near future. Nickel hydroxide is a primary chemical compound which is mostly used batteries manufacturing. 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 has accounted the largest share in 2016 followed by pocket batteries. Geographically, China ranks top in productions and capacity.
Further the report states that China holds the leading position in terms of production, consumption and capacity with a market share of 42.10% followed by Europe. Due to the huge customer base of batteries, the manufacturer has got an ample opportunity to cover the global market by increasing their production capacity.
In this report it has been also analyzed that nickel hydroxide plays dynamic role in the Ni based cadmium batteries which have long service life. Currently, demand for Ni-CD batteries is growing at a higher pace than in the past few years.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information
Key Findings
The Global Nickel Hydroxide Market has been growing over CAGR of 6% during the period 2011-2016 and further expected to grow with CAGR of XX% during the forecasted period 2016-2021.
China is leading the market of Nickel Hydroxide with the market share of XX% followed by Europe which accounts for XX%% of market share in the year 2016
The total market size of Nickel Hydroxide has been estimated at US $2298.49million in the year 2016.
The total consumption of Nickel Hydroxide is expected to be XX MT in the year 2016.
Pocket Batteries is expected to consume XXMT in the year 2016.
Segmentation
MRFR has segmented the Global Nickel Hydroxide Market into applications which primarily includes batteries. The batteries are further segmented into pocket batteries and mid-high rate batteries.
Regional Analysis of Nickel Hydroxide Market
As per the analysis, the Global Nickel Hydroxide Market is poised to reach US $2,841.91 Million in 2021 from $2,298.50 Million in 2016, with a CAGR of XX% during the forecasted period.
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 and others.
The reports also covers brief analysis of Geographical Region includes:
North America
US
Europe
Asia Pacific
China
Japan
Rest of the World
The market report for Nickel Hydroxide of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Website: https://www.marketresearchfuture.com/reports/nickel-hydroxide-market-1054
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