Nickel Hydroxy Carbonate (NiHC) Market
Nickel Hydroxy Carbonate (NiHC) Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Nickel Hydroxy Carbonate (NiHC) Market Size and Growth
The Nickel Hydroxy Carbonate (NiHC) market is witnessing significant growth, driven by increasing demand in battery production and the electric vehicle sector. The global market size is projected to reach approximately USD 400 million by 2028, reflecting a robust CAGR, influenced by technological advancements and sustainability trends in nickel sourcing.
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Companies Covered
(Covid 19 Impact Covered)
◍ Nornickel
◍ Eramet
◍ Umicore
◍ jinchuan group
◍ Seido Chemical
◍ Mechema
◍ Xingzhong New Material
◍ FAIRSKY INDUSTRIAL
◍ Liaoning Jinyi Chemical
◍ YUSHANTECH
◍ Friend Technology
The Nickel Hydroxy Carbonate (NiHC) market features key players like Nornickel and Eramet, focusing on sustainable nickel extraction for battery production. Companies such as Umicore and Jinchuan Group enhance production capabilities, while others like Seido Chemical drive innovation. Together, they contribute to market growth through technological advancements and expanding applications in electrification. Sales:
- Nornickel: ~$2.3 billion
- Umicore: ~$3.1 billion
- Eramet: ~$2 billion Request Sample Report
Market Segmentation
By Application
Catalyst ◍ Electroplating ◍ Ceramic Colorant ◍ Others
By Product
◍ Nickel Content: 38% or Less
◍ Nickel Content: 38%-42% ◍ Nickel Content: 42%-46%
◍ Nickel Content: 46% or Above
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Market Growth
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$ X Billion USD
