| Product Code: ETC4719907 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Belgium`s import shipments of nickel sulfate continued to show strong growth, with a notable Compound Annual Growth Rate (CAGR) of 9.54% from 2020 to 2024. The top exporting countries to Belgium included the Netherlands, Poland, Spain, Turkey, and Malta, indicating a diverse source of imports. Despite this diversity, the market remained concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI) in 2024. The impressive growth rate of 15.43% from 2023 to 2024 suggests a positive outlook for the nickel sulfate market in Belgium.

By 2027, the Nickel sulfate market in Belgium is anticipated to reach a growth rate of 8.13%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Nickel sulfate Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Nickel sulfate Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Nickel sulfate Market - Industry Life Cycle |
3.4 Belgium Nickel sulfate Market - Porter's Five Forces |
3.5 Belgium Nickel sulfate Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Belgium Nickel sulfate Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Belgium Nickel sulfate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for batteries in electric vehicles and renewable energy storage systems |
4.2.2 Growing adoption of electroplating in the manufacturing industry |
4.2.3 Favorable government regulations promoting the use of nickel sulfate in various applications |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as nickel ore |
4.3.2 Stringent environmental regulations regarding nickel sulfate production |
4.3.3 Competition from alternative materials in certain applications |
5 Belgium Nickel sulfate Market Trends |
6 Belgium Nickel sulfate Market Segmentations |
6.1 Belgium Nickel sulfate Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Belgium Nickel sulfate Market Revenues & Volume, By EN Grade, 2021-2031F |
6.1.3 Belgium Nickel sulfate Market Revenues & Volume, By Plating Grade, 2021-2031F |
6.1.4 Belgium Nickel sulfate Market Revenues & Volume, By High-purity Grade, 2021-2031F |
6.2 Belgium Nickel sulfate Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Belgium Nickel sulfate Market Revenues & Volume, By Metal Surface Treatment, 2021-2031F |
6.2.3 Belgium Nickel sulfate Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.2.4 Belgium Nickel sulfate Market Revenues & Volume, By Battery, 2021-2031F |
6.2.5 Belgium Nickel sulfate Market Revenues & Volume, By Others, 2021-2031F |
7 Belgium Nickel sulfate Market Import-Export Trade Statistics |
7.1 Belgium Nickel sulfate Market Export to Major Countries |
7.2 Belgium Nickel sulfate Market Imports from Major Countries |
8 Belgium Nickel sulfate Market Key Performance Indicators |
8.1 Average selling price of nickel sulfate |
8.2 Percentage of nickel sulfate used in battery manufacturing |
8.3 Number of new applications utilizing nickel sulfate technology |
8.4 Investment in research and development for nickel sulfate products |
8.5 Percentage of nickel sulfate production meeting environmental standards |
9 Belgium Nickel sulfate Market - Opportunity Assessment |
9.1 Belgium Nickel sulfate Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Belgium Nickel sulfate Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Belgium Nickel sulfate Market - Competitive Landscape |
10.1 Belgium Nickel sulfate Market Revenue Share, By Companies, 2024 |
10.2 Belgium Nickel sulfate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |