Nickel Iodide Market size was valued at USD output current value herein 2024 and is forecasted to grow at a CAGR of output cagr value here% from 2026 to 2033, reaching USD output forecast value here by 2033.
The global Nickel Iodide market was valued at approximately USD 92.5 million in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030. This growth is primarily driven by increasing demand from the electronics industry, specifically in the production of batteries and electroplating processes. The markets expansion is also attributed to the growing applications of nickel iodide in high performance energy storage devices and its role in enhancing battery life. The market size is expected to reach USD 176.6 million by the end of 2030, reflecting a steady increase in demand across various sectors. As industries continue to focus on advancing energy storage solutions, the adoption of nickel iodide is set to increase, further driving market value over the forecast period.
Regionally, Asia Pacific holds the largest market share for Nickel Iodide, with China being the primary contributor, accounting for a significant portion of the regional demand. The regions growth can be attributed to the booming electronics and renewable energy industries, as well as the increasing investments in electric vehicle (EV) infrastructure. North America and Europe also play significant roles in the market, with their high demand for advanced battery technologies and electroplating solutions. The European market, in particular, is anticipated to witness robust growth due to ongoing investments in sustainable energy projects and the increasing adoption of electric vehicles. The steady growth in these regions offers lucrative opportunities for market expansion, driven by the ongoing advancements in technology and demand for efficient energy storage solutions.
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American Elements
Alfa Aesar
CFM OSKAR TROPITZSCH GMBH
Infinium Pharmachem Pvt
BLD Pharmatech
Oakwood Products
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Nickel Iodide Market
Pharmaceuticals
Electrolytes in Batteries
Catalysts in Chemical Reactions
Photovoltaics
Nanotechnology
Liquid Nickel Iodide
Solid Nickel Iodide
Powdered Nickel Iodide
Granular Nickel Iodide
Aqueous Solutions
Electronics & Semiconductors
Aerospace & Defense
Chemical Manufacturing
Renewable Energy
Pharmaceutical Manufacturing
Reagent Grade Nickel Iodide
Industrial Grade Nickel Iodide
Optical Grade Nickel Iodide
High Purity Nickel Iodide
Technical Grade Nickel Iodide
Online Retailers
Direct Manufacturers
Distributors and Wholesalers
Specialty Chemical Stores
Conventional Retail Outlets
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Nickel Iodide Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Nickel Iodide Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Nickel Iodide Market, By Type
6. Global Nickel Iodide Market, By Application
7. Global Nickel Iodide Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Nickel Iodide Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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