Nickel hydroxide is a green, crystalline, inorganic compound that produces toxic gases upon heating. It is 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.
In consumption market, the growth rate of global consumption is smooth relatively. China and Europe are the mainly consumption regions due to rapid development of economy. China captures about 53.79% of global consumption production and Europe is the second-largest region-wise market with 18.19% global production share.
Nickel hydroxide can be widely used in many industries. Survey results showed that 84.12% of the nickel hydroxide market is batteries industry, 6.84 % is electronics industry, and 6.63 % is Chemical industry and 2.63% divided among other industries in 2015. With the development of economy, although these industries will need more nickel hydroxide. But nickel hydroxide has a little market potential in the future. Current major companies will gradually reduce production in the future, changes will be happened in industry structure.
The major raw material for nickel hydroxide is sodium hydroxide, nickel sulfate. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of nickel hydroxide industry.
For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.

The Global Nickel Hydroxide Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Nickel Hydroxide Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

Norilsk
SMM Group
Tanaka-Chemical
Kansai Catalyst
Chancsun Umicore
Henan Kelong
Anhui Yaland
Jilin Jien
Kingray New Materials
Jinchuan Group
Jiangmen Fangyuan

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Pure Nickel Hydroxide
Contain Cobalt Nickel Hydroxide
Contain Zinc Nickel Hydroxide
Contain Cadmium Nickel Hydroxide
Other
In Market segmentation by applications :

Batteries Industry
Electronics Industry
Chemical Industry
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Nickel Hydroxide Market for the forecast period 2023 - 2030?
• What are the driving forces in the Nickel Hydroxide Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Nickel Hydroxide industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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