Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Grade (Battery Grade, Reagent Grade, Others), By Application (Battery, Electroplates, Catalyst, Others) And Competitive Landscape
Product Code: ETC13190261 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
According to 6wresearch internal database and industry insights,
Report Name | Global Nickel hydroxide Market |
Forecast Period | 2025-2031 |
Market Size | USD 522 million by 2031 |
CAGR | 6.8% |
Growing Sector | Rechargeable batteries |
The Global Nickel Hydroxide Market report thoroughly covers the market by Grades, Application and Regions.The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Increasing usage in rechargeable battery applicationsand energy storage systems drives the Global Nickel Hydroxide Market growth. The role of nickel hydroxide is crucial in battery production due to the increasing demand for portable electronics and electric vehicles.Especially in nickel-metal hydride and nickel-cadmium batteries. Its applications in chemical processes asceramics,catalysts, and electroplating, boosted the expansion of the market. Sustainable technologiesand renewable energy are gaining focus, which supports the enhancementof market dynamics, as nickel hydroxide is a major element in the clean energy system.
Global Nickel hydroxide Marketis expected to grow at a significant CAGR of 6.8% during the forecast period 2025-2031. The Global Nickel Hydroxide Market has been influenced by the increasing demand for energy storage systems,rechargeable batteries used in electric vehicles, and consumer electronics. The demand for effective battery resources is increasing due to the customer shifting toward sustainable energy solutions and the rising adoption of green technologies. Furthermore, market growth is expanding as the use of nickel hydroxide in industrial applications like electroplatingandcatalysts is growing day by day. The market’s long-term potential is fueled by the continuous progress in battery technology and environmental strict regulation.
The growth of the Global Nickel Hydroxide Market has been affected due to several challenges like limited raw materialsand fluctuating nickel prices,whichcan surge production costs and decrease profit margins.Heavy investment demand is required in cleaner processes driven by severe safety and environmental guidelines regarding battery manufacturingand mining. Supply chainsare being disrupted due to relying on some major manufacturers. Furthermore, the demand for nickel hydroxide in some applications may be reduced due to the rise of other battery materials and chemistries,which also adds competitive pressure.
Key trends such as the rapid development of hybrid and electric automobiles and developments in battery technology fuel the Global Nickel Hydroxide Market. Increasing demand for high-performance nickel hydroxide in rechargeable batteries, mainly nickel-lithium-nickel and metal hydride alternatives, boosts the market demand. Furthermore, the market scope elsewhere batteries is expanding due to increasing applications in ceramics, electroplating, and catalysts. Sustainable practices such as recycling nickel from spent batteries are gaining energy, aligning with environmental goals to reduce the negative impact of nickel hydroxide.Battery productivity has been enhanced due to some technological developments, like cobalt and spherical-coated nickel hydroxide.
Promising investment opportunities are present inthe Global Nickel Hydroxide industry,boosted by the mounting demand for battery materials, mainly in electric vehicles and energy storage systems. For high-purity battery-grade nickel hydroxide, in emerging markets, opportunities in increasing production dimensions can be considered by investors seeking long-term growth.Recovering nickel from used batteries,like developments in recycling technologies,also offers a sustainable and affordable growth avenue. Furthermore, investments in the development and research of progressiveprocedures, such as coated or spherical alternatives, improve the battery performance and lead to opportunities in high-priced product regions.
Key players in the global nickel hydroxide market,known for their advanced technologies, high-purity products, and strong presence in energy and battery storage applications,include Norilsk Nickel, Sumitomo Metal Mining, Jinchuan Group, Tanaka Chemical, and Kansai Catalyst.
In the global nickel hydroxide market, governments and regulatory bodies have been launching numerousstrict regulationsto guaranteeenvironmental protection,safety, and responsible obtaining. These regulationsfocus on strict limits on the discharge of toxic by-products during production and guidelines governing nickel mining practices. Furthermore, to stop occupational risks,safety standards for storage and handling are compulsory through this regulation. Regulations also mandate the Import-export controls to prevent illegal nickel flows andmonitor material trade.The accountableexpansion of nickel hydroxide supply chainsis fueled by the reassurance schemes for recycling programs and sustainable battery materials.
In future, the Global Nickel Hydroxide Market will witness transformation, due to expanding energy storage systems and rising electric vehicle usage.The demand for high-quality nickel hydroxide used in batteries will expand as battery technology improves and purer,cleaner materials are needed. In securing sustainable supply chains vital role is playing by the recycling enterprises and circular economy efforts. Coated and nano-structured nickel hydroxide, like developing production technologies,will enhanceperformance. However, market growth and strategicpathswill be shaped by the developing governing agendasandcompetition from other battery suppliers.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
The rechargeable batteries segment dominates the Global Nickel Hydroxide Market shareby application,led to the extensiveusage of nickel hydroxide in the production of nickel-cadmium (NiCad) and nickel-metal hydride (NiMH) batteries. These batteries are usually used in consumer electronics, electric vehicles, and energy storage systems.
According to Mansi Kaushik, Senior Research Analyst, 6Wresearch,in the Global Nickel Hydroxide Market, Asia-Pacific dominates by region, due to the battery manufacturing industries in countries such as Japan,China, and South Korea. These nations are major centres for consumer electronics, electric vehicle production, and energy storage technologies.
The market report provides a detailed analysis of the following market segments
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 Global Nickel hydroxide Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Nickel hydroxide Market Revenues & Volume, 2021 & 2031F |
3.3 Global Nickel hydroxide Market - Industry Life Cycle |
3.4 Global Nickel hydroxide Market - Porter's Five Forces |
3.5 Global Nickel hydroxide Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Nickel hydroxide Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Global Nickel hydroxide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Nickel hydroxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Nickel hydroxide Market Trends |
6 Global Nickel hydroxide Market, 2021 - 2031 |
6.1 Global Nickel hydroxide Market, Revenues & Volume, By Grade, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Nickel hydroxide Market, Revenues & Volume, By Battery Grade, 2021 - 2031 |
6.1.3 Global Nickel hydroxide Market, Revenues & Volume, By Reagent Grade, 2021 - 2031 |
6.1.4 Global Nickel hydroxide Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Nickel hydroxide Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Nickel hydroxide Market, Revenues & Volume, By Battery, 2021 - 2031 |
6.2.3 Global Nickel hydroxide Market, Revenues & Volume, By Electroplates, 2021 - 2031 |
6.2.4 Global Nickel hydroxide Market, Revenues & Volume, By Catalyst, 2021 - 2031 |
6.2.5 Global Nickel hydroxide Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Nickel hydroxide Market, Overview & Analysis |
7.1 North America Nickel hydroxide Market Revenues & Volume, 2021 - 2031 |
7.2 North America Nickel hydroxide Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Nickel hydroxide Market, Revenues & Volume, By Grade, 2021 - 2031 |
7.4 North America Nickel hydroxide Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Nickel hydroxide Market, Overview & Analysis |
8.1 Latin America (LATAM) Nickel hydroxide Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Nickel hydroxide Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Nickel hydroxide Market, Revenues & Volume, By Grade, 2021 - 2031 |
8.4 Latin America (LATAM) Nickel hydroxide Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Nickel hydroxide Market, Overview & Analysis |
9.1 Asia Nickel hydroxide Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Nickel hydroxide Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Nickel hydroxide Market, Revenues & Volume, By Grade, 2021 - 2031 |
9.4 Asia Nickel hydroxide Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Nickel hydroxide Market, Overview & Analysis |
10.1 Africa Nickel hydroxide Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Nickel hydroxide Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Nickel hydroxide Market, Revenues & Volume, By Grade, 2021 - 2031 |
10.4 Africa Nickel hydroxide Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Nickel hydroxide Market, Overview & Analysis |
11.1 Europe Nickel hydroxide Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Nickel hydroxide Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Nickel hydroxide Market, Revenues & Volume, By Grade, 2021 - 2031 |
11.4 Europe Nickel hydroxide Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Nickel hydroxide Market, Overview & Analysis |
12.1 Middle East Nickel hydroxide Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Nickel hydroxide Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Nickel hydroxide Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Nickel hydroxide Market, Revenues & Volume, By Grade, 2021 - 2031 |
12.4 Middle East Nickel hydroxide Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Nickel hydroxide Market Key Performance Indicators |
14 Global Nickel hydroxide Market - Export/Import By Countries Assessment |
15 Global Nickel hydroxide Market - Opportunity Assessment |
15.1 Global Nickel hydroxide Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Nickel hydroxide Market Opportunity Assessment, By Grade, 2021 & 2031F |
15.3 Global Nickel hydroxide Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Nickel hydroxide Market - Competitive Landscape |
16.1 Global Nickel hydroxide Market Revenue Share, By Companies, 2024 |
16.2 Global Nickel hydroxide Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |