As per a recent study by Fact.MR on the Powder nickel acetate market, sales are expected to be valued at more than US$ 52 Mn in 2021, and increase at a CAGR of 3.9% over the forecast period of 2021-2031. Fact.MR, a market research and competitive intelligence provider, analyses that the market is set to witness growth based on exclusive usage of the material in the automotive industry.
The slightly consolidated market for nickel acetate is dominated by giant companies such as Palm Commodities, Fairsky Special Chemicals, Univertical, Gelest, and Liangren Chemicals. These players hold an exclusive product portfolio serving various applications in different end-use industries. All these players together hold more than 55% market share, and are observed to continue their hegemony throughout the forecast period.
However, there exists a substantial probability for the evolution of more efficient alternatives for Liquid nickel acetate, similar to the case of the development of natural fabric mordants, which is witnessing faster adoption against the use of nickel acetate-based synthetic mordants.
Key Takeaways from Market Study
The nickel acetate market is anticipated to add 1.5X value by 2031.
North America to be the most opportunistic pocket holding more than 32% market share throughout the forecast period.
The automotive industry to experience optimistic glaze by rising at a CAGR of 3.7% over the assessment period.
Among the applications, electroplating has been the fastest-growing segment globally.
Nickel acetate with intermediate function to gain 133 BPS by 2031.
“Strengthened supply chain network backed by market players to stimulate nickel acetate market growth,” says a Fact.MR analyst.
Exhaustive research regarding the market to offer A to Z information.
Digital technologies to provide innovative business solutions to the clients.
24/7 availability of services.
Interaction with suppliers, vendors, and service providers for precise market landscape.
Reports tailored as per the requirements of the clients.
Explore Fact.MR’s Coverage on the Chemicals and Materials Domain:
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About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
Contact: US Sales Office: 11140 Rockville Pike Suite 400 Rockville, MD 20852 United States Tel: +1 (628) 251-1583 E-Mail: sales@factmr.com
Corporate Headquarter: Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates
As per a recent study by Fact.MR on the Powder nickel acetate market, sales are expected to be valued at more than US$ 52 Mn in 2021, and increase at a CAGR of 3.9% over the forecast period of 2021-2031. Fact.MR, a market research and competitive intelligence provider, analyses that the market is set to witness growth based on exclusive usage of the material in the automotive industry.
The slightly consolidated market for nickel acetate is dominated by giant companies such as Palm Commodities, Fairsky Special Chemicals, Univertical, Gelest, and Liangren Chemicals. These players hold an exclusive product portfolio serving various applications in different end-use industries. All these players together hold more than 55% market share, and are observed to continue their hegemony throughout the forecast period.
However, there exists a substantial probability for the evolution of more efficient alternatives for Liquid nickel acetate, similar to the case of the development of natural fabric mordants, which is witnessing faster adoption against the use of nickel acetate-based synthetic mordants.
Key Takeaways from Market Study
The nickel acetate market is anticipated to add 1.5X value by 2031.
North America to be the most opportunistic pocket holding more than 32% market share throughout the forecast period.
The automotive industry to experience optimistic glaze by rising at a CAGR of 3.7% over the assessment period.
Among the applications, electroplating has been the fastest-growing segment globally.
Nickel acetate with intermediate function to gain 133 BPS by 2031.
“Strengthened supply chain network backed by market players to stimulate nickel acetate market growth,” says a Fact.MR analyst.
Exhaustive research regarding the market to offer A to Z information.
Digital technologies to provide innovative business solutions to the clients.
24/7 availability of services.
Interaction with suppliers, vendors, and service providers for precise market landscape.
Reports tailored as per the requirements of the clients.
Explore Fact.MR’s Coverage on the Chemicals and Materials Domain:
Wide Mouth Bottles Market – The Asia Pacific dominates the market because of the growing economy of a country like China and India. Because the larger population of the country contributes to the number of the consumer of the reusable water bottle.
Insulated Envelops Market – The growth of the insulated envelops market is completely dependent on its ability to meet numerous demands of the logistic industry. Most of the businesses are shipping products on a global platform in wake of expanding distribution channels and increased scalability. The insulated envelopes market is set to witness a CAGR of 11.1%- 12.9% during 2021-2031.
Intelligent Packaging Market – Owing to increasing urban lifestyle and global population trends, the demand for ready-to-eat food and packaged, frozen has beheld a significant surge in demand in recent times. As a result, the Intelligent Packaging Market is set to witness a CAGR of 6.1% during 2021-2031.
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
Contact: US Sales Office: 11140 Rockville Pike Suite 400 Rockville, MD 20852 United States Tel: +1 (628) 251-1583 E-Mail: sales@factmr.com
Corporate Headquarter: Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates