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Reagent Grade Nickel Nitrate Hexahydrate Market Size - By Type (Solid Nickel Nitrate Hexahydrate and Nickel Nitrate Hexahydrate Solution), By Application (Nickel Plating, Refinery Treatment, Chemical Manufacturing) & Region – Forecasts By 2030

  • PUBLISHED ON
  • 2024-07-12
  • NO OF PAGES
  • 213
  • CATEGORY
  • Chemicals & Materials
Market – Overview

It is estimated for the Global Reagent Grade Nickel Nitrate Hexahydrate Market to witness growth at a CAGR of 6.8% during the forecast period of 2022 to 2030. 

The use of Reagent Grade Nickel Nitrate Hexahydrate as a catalyst in organic synthesis and also as electroplating and as a mordant in textile dyeing are the factors that are estimated to boost the growth of the market during the forecast period. The factors even played a major role in the growth of the market during the previous forecast period of 2018 to 2021.

The solid form of Reagent Grade Nickel Nitrate Hexahydrate is being utilized in nickel plating, and refinery treatment at the same time the solution is mainly used as an intermediate product to find various chemicals such as ammonium phosphate fertilizers and pesticides that are been engaged by farmers across different arenas all over the globe.

Reagent Grade Nickel Nitrate Hexahydrate Market – Description

Nickel nitrate hexahydrate is used as a precursor in the manufacturing of other nickel salts and supported nickel catalysts. It finds use as a catalyst in organic synthesis. Further, it is used in electroplating and as a mordant in textile dyeing. Solid and liquid/solution are the two forms in which there exists nickel nitrate hexahydrate.


Reagent Grade Nickel Nitrate Hexahydrate Market – Key Trends

Wide range of usage to boost the growth of the market

The use of Reagent Grade Nickel Nitrate Hexahydrate as a catalyst in organic synthesis and also as electroplating and as a mordant in textile dyeing are the factors that are estimated to boost the growth of the market during the forecast period. The factors even played a major role in the growth of the event during the previous forecast period of 2018 to 2021.

Growing awareness about the hazards associated with manganese-based chemicals to boost the market

Growing awareness about the hazards associated with manganese-based chemicals usage may lead consumers towards replacing them with safer alternatives like reagents grade Nickel Nitrate Hexahydrates that are
cost-effective and offer benefits such as easy availability on account of being manufactured locally.

Reagent Grade Nickel Nitrate Hexahydrate Market – Segmental Assessment

By Type
• Solid Nickel Nitrate Hexahydrate
• Nickel Nitrate Hexahydrate Solution
It is estimated for the Solid Nickel Nitrate Hexahydrate to boost the growth of the market during the forecast period.

By Application
• Nickel Plating
• Refinery Treatment
• Chemical Manufacturing
• Others

It is estimated for the nickel plating segment to drive the growth of the market during the forecast period.

Reagent Grade Nickel Nitrate Hexahydrate Market – Geographical Landscape

It is estimated for the Asia Pacific region to witness immense growth in the market. The region is expected to grow at a healthy CAGR of during the forecast period. The market in Europe is projected to grow at a stable CAGR during the forecast period. The rising population in the region of Asia Pacific coupled with the growth in the industrialization is estimated to boost the growth of the market during the forecast period.

Reagent Grade Nickel Nitrate Hexahydrate Market – Competitive Hierarchy

Henan DaKen Chemical, Loba Chemie, Sisco Research Laboratories, Shepherd Chemical, GFS Chemicals, Alfa Aesar, American Elements are the major companies that are estimated to drive the growth of the market during the forecast period.

Report Scope

Global Reagent Grade Nickel Nitrate Hexahydrate Market : Historical Years (2018 to 2021)
Global Reagent Grade Nickel Nitrate Hexahydrate Market : Forecast years (2022 to 2030)
Global Reagent Grade Nickel Nitrate Hexahydrate Market CAGR 6.8%

Key Segments Reported

By Type (Solid Nickel Nitrate Hexahydrate and Nickel Nitrate Hexahydrate Solution)
By Application (Nickel Plating, Refinery Treatment, Chemical Manufacturing and Others)

Major regions and countries covered

• North America
• Europe
• Asia Pacific
• Middle East
• Rest of the World


1.     Global Reagent Grade Nickel Nitrate Hexahydrate Market Introduction and Market Overview

1.1.  Objectives of the Study

1.2.  Reagent Grade Nickel Nitrate Hexahydrate Market Definition & Description

1.3.  Global Reagent Grade Nickel Nitrate Hexahydrate Market Scope and Market Estimation

1.3.1.     Global Reagent Grade Nickel Nitrate Hexahydrate Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023-2033)

1.3.2.     Global Reagent Grade Nickel Nitrate Hexahydrate Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2033

1.4.  Market Segmentation

1.4.1.     Type of Global Reagent Grade Nickel Nitrate Hexahydrate Market

1.4.2.     Application of Global Reagent Grade Nickel Nitrate Hexahydrate Market

1.4.3.     Region of Global Reagent Grade Nickel Nitrate Hexahydrate Market

 

2.     Executive Summary

2.1.  Global Reagent Grade Nickel Nitrate Hexahydrate Market Industry Trends under COVID-19 Outbreak

2.1.1.     Global COVID-19 Status Overview

2.1.2.     Influence of COVID-19 Outbreak on Global Reagent Grade Nickel Nitrate Hexahydrate Market Industry Development

2.2.  Market Dynamics

2.2.1.     Drivers

2.2.2.     Limitations

2.2.3.     Opportunities

2.2.4.     Impact Analysis of Drivers and Restraints

2.3.  Pricing Trends Analysis & Average Selling Prices (ASPs)

2.4.  Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

2.5.  Porter’s Five Forces Analysis

2.5.1.     Bargaining Power of Suppliers

2.5.2.     Bargaining Power of Buyers

2.5.3.     Threat of Substitutes

2.5.4.     Threat of New Entrants

2.5.5.     Competitive Rivalry

2.6.  Value Chain / Ecosystem Analysis

2.7.  PEST Analysis

2.8.  Russia-Ukraine War Impacts Analysis

2.9.  Economic Downturn Analysis

2.10. Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region

 

3.     Global Reagent Grade Nickel Nitrate Hexahydrate Market Estimates & Historical Trend Analysis (2020 - 2022)

 

4.     Global Reagent Grade Nickel Nitrate Hexahydrate Market Estimates & Forecast Trend Analysis, by Type

4.1.  Global Reagent Grade Nickel Nitrate Hexahydrate Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

4.1.1.     Solid Nickel Nitrate Hexahydrate

4.1.2.     Nickel Nitrate Hexahydrate Solution

 

5.     Global Reagent Grade Nickel Nitrate Hexahydrate Market Estimates & Forecast Trend Analysis, by Application

5.1.  Global Reagent Grade Nickel Nitrate Hexahydrate Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

5.1.1.     Nickel Plating

5.1.2.     Refinery Treatment

5.1.3.     Chemical Manufacturing

            

6.     Global Reagent Grade Nickel Nitrate Hexahydrate Market Estimates & Forecast Trend Analysis, by Region

6.1.  Global Reagent Grade Nickel Nitrate Hexahydrate Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2023 to 2033

6.1.1.     North America

6.1.2.     Europe

6.1.3.     Asia Pacific

6.1.4.     Middle East & Africa

6.1.5.     South America

 

7.     North America Reagent Grade Nickel Nitrate Hexahydrate Market: Estimates & Forecast Trend Analysis

7.1.  North America Reagent Grade Nickel Nitrate Hexahydrate Market Assessments & Key Findings

7.1.1.     North America Reagent Grade Nickel Nitrate Hexahydrate Market Introduction

7.1.2.     North America Reagent Grade Nickel Nitrate Hexahydrate Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

7.1.2.1.  By Type

7.1.2.2.  By Application

7.1.2.3.  By Country

7.1.2.3.1.   The U.S.

7.1.2.3.2.   Canada

7.1.2.3.3.   Mexico

 

8.     Europe Reagent Grade Nickel Nitrate Hexahydrate Market: Estimates & Forecast Trend Analysis

8.1.  Europe Reagent Grade Nickel Nitrate Hexahydrate Market Assessments & Key Findings

8.1.1.     Europe Reagent Grade Nickel Nitrate Hexahydrate Market Introduction

8.1.2.     Europe Reagent Grade Nickel Nitrate Hexahydrate Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

8.1.2.1.  By Type

8.1.2.2.  By Application

8.1.2.3.      By Country

8.1.2.3.1.   Germany

8.1.2.3.2.   U.K.

8.1.2.3.3.   France

8.1.2.3.4.   Italy

8.1.2.3.5.   Spain

8.1.2.3.6.   Russia

8.1.2.3.7.   Rest of Europe

 

9.     Asia Pacific Reagent Grade Nickel Nitrate Hexahydrate Market: Estimates & Forecast Trend Analysis

9.1.  Asia Pacific Market Assessments & Key Findings

9.1.1.     Asia Pacific Reagent Grade Nickel Nitrate Hexahydrate Market Introduction

9.1.2.     Asia Pacific Reagent Grade Nickel Nitrate Hexahydrate Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

9.1.2.1.      By Type

9.1.2.2.      By Application

9.1.2.3.      By Country

9.1.2.3.1.   China

9.1.2.3.2.   Japan

9.1.2.3.3.   India

9.1.2.3.4.   Australia

9.1.2.3.5.   South Korea

9.1.2.3.6.   ASEAN

9.1.2.3.7.   Rest of Asia Pacific

 

10.  Middle East & Africa Reagent Grade Nickel Nitrate Hexahydrate Market: Estimates & Forecast Trend Analysis

10.1. Middle East & Africa Market Assessments & Key Findings

10.1.1.  Middle East & Africa Reagent Grade Nickel Nitrate Hexahydrate Market Introduction

10.1.2.  Middle East & Africa Reagent Grade Nickel Nitrate Hexahydrate Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

10.1.2.1.   By Type

10.1.2.2.   By Application

10.1.2.3.   By Country

10.1.2.3.1.              U.A.E.

10.1.2.3.2.              Saudi Arabia

10.1.2.3.3.              Egypt

10.1.2.3.4.              South Africa

10.1.2.3.5.              Rest of Middle East & Africa

 

11.  South America Reagent Grade Nickel Nitrate Hexahydrate Market: Estimates & Forecast Trend Analysis

11.1. South America Market Assessments & Key Findings

11.1.1.  South America Reagent Grade Nickel Nitrate Hexahydrate Market Introduction

11.1.2.  South America Reagent Grade Nickel Nitrate Hexahydrate Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

11.1.2.1.   By Type

11.1.2.2.   By Application

11.1.2.3.   By Country

11.1.2.3.1.            Brazil

11.1.2.3.2.            Argentina

11.1.2.3.3.            Colombia

11.1.2.3.4.            Rest of South America

 

12.  Competition Landscape

12.1. Global Reagent Grade Nickel Nitrate Hexahydrate Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

12.2. Global Reagent Grade Nickel Nitrate Hexahydrate Market Concentration & Company Market Shares (%) Analysis, 2022

 

13.  Company Profiles

13.1.    Henan DaKen Chemical

13.1.1.     Company Overview & Key Stats

13.1.2.     Financial Performance & KPIs

13.1.3.     Product Portfolio

13.1.4.     Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

13.2.    Loba Chemie

13.3.    Sisco Research Laboratories

13.4.    Shepherd Chemical

13.5.    GFS Chemicals

13.6.    Alfa Aesar

13.7.    American Elements

13.8.    Others**

 

14.  Research Methodology

14.1. External Transportations / Databases

14.2. Internal Proprietary Database

14.3. Primary Research

14.4. Secondary Research

14.5. Assumptions

14.6. Limitations

14.7. Report FAQs

 

15.  Research Findings & Conclusion  

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Market Research Process




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To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


Frequently Asked Questions

What is the market size and growth projections?

It is estimated for the Global Reagent Grade Nickel Nitrate Hexahydrate Market to witness growth at a CAGR of 6.8% during the forecast period of 2022 to 2030. The market witnessed growth at a healthy rate during the previous forecast period of 2018 to 2021.

What are the drivers shaping various markets?

The use of Reagent Grade Nickel Nitrate Hexahydrate as a catalyst in organic synthesis and also as electroplating and as a mordant in textile dyeing are the factors that are estimated to boost the growth of the market during the forecast period.

Who are the key competitors of market Players?

Some of the major players operating within the market are Henan DaKen Chemical, Loba Chemie, Sisco Research Laboratories, Shepherd Chemical, GFS Chemicals, Alfa Aesar, American Elements.

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