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Global Nickel Oxide Hydroxide Market Strategic Research Report

Global Nickel Oxide Hydroxide Market Strategic Research Repo…
$3,500 USD
Market Research Reports
Strategic Research Report
Global Nickel Oxide Hydroxide Market
$1.11B2025
7.7%CAGR
2032Forecast
Market Research Reports · Global
Market Research Reports Intelligence Series

By Type: β-NiOOH, γ-NiOOH

By Application: Energy Storage System, Industrial Equipment, Automotive, Aerospace & Defense, Others

Regional Forecast: Asia Pacific, Latin America, MEA, Europe, North America

Key Players: Jinchuan Group (China), Jiangmen Kanhoo (China), CNGR Advanced Material (China), Zhejiang Huayou Cobalt (China), Beijing Easpring (China), Jilin Jien Nickel (China), Henan Kelong New Energy (China), Tanaka Chemical (Japan), Sumitomo Metal Mining (Japan), Nichia Corporation (Japan), Mitsui Mining & Smelting (Japan), Umicore (Belgium), American Elements (USA)

Region: Global
Formats: PDF, Excel, Word & PowerPoint
Base year: 2025 · forecast to 2032
Length: 118 pages
Market size 2025
$1.11B
Billion USD
Forecast CAGR
7.7%
2025-2032
Forecast 2032
$1.9B
Projected
Regions
5
Asia Pacific · Latin America · MEA · Europe · North America

Overview

Scope of the Report

The global Nickel Oxide Hydroxide market size is predicted to grow from US$ 1,113 million in 2025 to US$ 1,863 million in 2032; it is expected to grow at a CAGR of 7.7% from 2026 to 2032.

Nickel Oxide Hydroxide (NiOOH) is an inorganic nickel compound commonly formed as the oxidized phase of nickel hydroxide (Ni(OH)₂), and it plays a key role as an active material in electrochemical systems, especially in rechargeable batteries such as nickel-metal hydride (NiMH) and nickel-cadmium (NiCd) batteries, as well as in electrocatalysis and alkaline energy storage devices. It typically exists in different polymorphs (β-NiOOH and γ-NiOOH) with varying electrochemical properties, high redox activity, and good electrical conductivity under alkaline conditions. The supply chain of Nickel Oxide Hydroxide starts upstream with nickel resources (nickel sulfide ores or laterite ores) mined by companies such as Vale, Norilsk Nickel, and BHP, followed by refining into high-purity nickel salts (e.g., nickel sulfate or nickel nitrate). In the midstream, chemical manufacturers synthesize nickel hydroxide through precipitation processes, which is then electrochemically or chemically oxidized to form Nickel Oxide Hydroxide, often with controlled morphology for battery-grade performance. Downstream, the material is supplied to battery manufacturers (e.g., for NiMH cathodes), catalyst producers, and energy storage system integrators, with increasing demand driven by hybrid vehicles, backup power systems, and alkaline electrolysis technologies. In 2025, global Nickel Oxide Hydroxide output was about 220,000 tons with 280,000 tons of capacity, average prices of USD 4,000–7,000 per ton, and gross margins around 29%.

Global key Nickel Oxide Hydroxide players cover Jinchuan Group (China), Jiangmen Kanhoo (China), CNGR Advanced Material (China), Zhejiang Huayou Cobalt (China), Beijing Easpring (China), etc.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Nickel Oxide Hydroxide market?

What factors are driving Nickel Oxide Hydroxide market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Nickel Oxide Hydroxide market opportunities vary by end market size?

How does Nickel Oxide Hydroxide break out by Type, by Application?

This report presents a comprehensive overview of the global Nickel Oxide Hydroxide market, covering market size and forecast, segmentation by product type and application, competitive landscape, leading players and regional and country-level outlook.

Segment by Type

  • β-NiOOH
  • γ-NiOOH

Segment by Hydration

  • <0.5 H₂O per Ni
  • >0.5 H₂O per Ni

Segment by Application

  • Energy Storage System
  • Industrial Equipment
  • Automotive
  • Aerospace & Defense
  • Others

Who Can Use This Report?

This report is written for decision-makers who need a clear, data-backed view of the global Nickel Oxide Hydroxide market:

  • Manufacturers, suppliers and solution providers benchmarking their position and planning product, capacity and go-to-market strategy
  • Distributors, channel partners and end users in Energy Storage System, Industrial Equipment, Automotive evaluating demand and sourcing options
  • Investors, financial analysts and consultants assessing growth opportunities, competitive dynamics and M&A potential
  • Government agencies, industry associations and research institutions tracking industry developments and policy impact

Market snapshot

Global Nickel Oxide Hydroxide Market Strategic Research Report snapshot, 2025–2032

Source: Market Research Reports
Market size CAGR 7.7%
Regional growth momentum
Market share by segment
Key metrics
Base value
$1.11B
2025
Forecast
$1.9B
2032
CAGR
7.7%
2025–2032
Regions
5
global
Key companies
Jinchuan Group (China)Jiangmen Kanhoo (China)CNGR Advanced Material (China)Zhejiang Huayou Cobalt (China)Beijing Easpring (China)Jilin Jien Nickel (China)Henan Kelong New Energy (China)Tanaka Chemical (Japan)
© MarketResearchReports.comDisclaimer: The actual data may vary in the final report which undergoes verification check post order confirmation.

Segments covered in this report

By Type
β-NiOOHγ-NiOOH
By Application
Energy Storage SystemIndustrial EquipmentAutomotiveAerospace & DefenseOthers

Table of contents

Click a chapter to expand
01Executive Summary
02Industry Overview & Forecast
  • 2.1.1 Market Definition and Scope
  • 2.1.2 Market Size and Growth Forecast
  • 2.1.3 Volume Analysis
  • 2.1.4 Segment Outlook by Type
  • 2.1.5 Segment Outlook by Application
  • 2.1.6 Regional Outlook
  • 2.1.7 Structural Developments Shaping the Forecast
  • 2.1.8 Forecast Risks and Sensitivities
03Market Segmentation by Type
  • 3.1 Market Segmentation by Type
  • 3.1.1 Market by Type Overview
  • 3.1.2 β-NiOOH
  • 3.1.3 γ-NiOOH
  • 3.1.4 Volume Analysis
04Market Segmentation by Application
  • 4.1 Market Segmentation by Application
  • 4.1.1 Market by Application Overview
  • 4.1.2 Energy Storage System
  • 4.1.3 Industrial Equipment
  • 4.1.4 Automotive
  • 4.1.5 Aerospace & Defense
  • 4.1.6 Others
  • 4.1.7 Volume Analysis
05Regional Market Forecast
  • Asia Pacific
  • North America
  • Europe
  • Middle East & Africa
  • Latin America
06Country-Level Market Forecast
  • 6.1 Asia Pacific
  • 6.1.1 China
  • 6.1.2 Japan
  • 6.1.3 Korea
  • 6.1.4 Southeast Asia
  • 6.1.5 India
  • 6.1.6 Australia
  • 6.1.7 Rest of Asia Pacific
  • 6.2 North America
  • 6.2.1 United States
  • 6.2.2 Canada
  • 6.2.3 Mexico
  • 6.2.4 Rest of North America
  • 6.3 Europe
  • 6.3.1 Germany
  • 6.3.2 France
  • 6.3.3 UK
  • 6.3.4 Italy
  • 6.3.5 Russia
  • 6.3.6 Rest of Europe
  • 6.4 Middle East & Africa
  • 6.4.1 Egypt
  • 6.4.2 South Africa
  • 6.4.3 Israel
  • 6.4.4 Turkey
  • 6.4.5 GCC Countries
  • 6.4.6 Rest of Middle East & Africa
  • 6.5 Latin America
  • 6.5.1 Brazil
  • 6.5.2 Rest of Latin America
07Growth Drivers & Inhibitors
  • 7.1 Growth Drivers & Inhibitors
  • 7.1.1 Section Overview
  • 7.1.2 Growth Drivers
  • 7.1.3 Growth Inhibitors
  • 7.1.4 Driver and Inhibitor Impact Assessment
  • 7.1.5 Analyst Perspective
08Key Company Profiles
  • 8.1 Jinchuan Group (China)
  • 8.1.1 Company Overview
  • 8.1.2 Key Products & Segments
  • 8.1.3 Financial Performance (2023–2025)
  • 8.1.4 Business Strategy
  • 8.1.5 SWOT Analysis
  • 8.1.6 Strategic Implications (2026–2032)
  • 8.2 Jiangmen Kanhoo (China)
  • 8.2.1 Company Overview
  • 8.2.2 Key Products & Segments
  • 8.2.3 Financial Performance (2023–2025)
  • 8.2.4 Business Strategy
  • 8.2.5 SWOT Analysis
  • 8.2.6 Strategic Implications (2026–2032)
  • 8.3 CNGR Advanced Material (China)
  • 8.3.1 Company Overview
  • 8.3.2 Key Products & Segments
  • 8.3.3 Financial Performance (2023–2025)
  • 8.3.4 Business Strategy
  • 8.3.5 SWOT Analysis
  • 8.3.6 Strategic Implications (2026–2032)
  • 8.4 Zhejiang Huayou Cobalt (China)
  • 8.4.1 Company Overview
  • 8.4.2 Key Products & Segments
  • 8.4.3 Financial Performance (2023–2025)
  • 8.4.4 Business Strategy
  • 8.4.5 SWOT Analysis
  • 8.4.6 Strategic Implications (2026–2032)
  • 8.5 Beijing Easpring (China)
  • 8.5.1 Company Overview
  • 8.5.2 Key Products & Segments
  • 8.5.3 Financial Performance (2023–2025)
  • 8.5.4 Business Strategy
  • 8.5.5 SWOT Analysis
  • 8.5.6 Strategic Implications (2026–2032)
  • 8.6 Jilin Jien Nickel (China)
  • 8.6.1 Company Overview
  • 8.6.2 Key Products & Segments
  • 8.6.3 Financial Performance (2023–2025)
  • 8.6.4 Business Strategy
  • 8.6.5 SWOT Analysis
  • 8.6.6 Strategic Implications (2026–2032)
  • 8.7 Henan Kelong New Energy (China)
  • 8.7.1 Company Overview
  • 8.7.2 Key Products & Segments
  • 8.7.3 Financial Performance (2023–2025)
  • 8.7.4 Business Strategy
  • 8.7.5 SWOT Analysis
  • 8.7.6 Strategic Implications (2026–2032)
  • 8.8 Tanaka Chemical (Japan)
  • 8.8.1 Company Overview
  • 8.8.2 Key Products & Segments
  • 8.8.3 Financial Performance (2023–2025)
  • 8.8.4 Business Strategy
  • 8.8.5 SWOT Analysis
  • 8.8.6 Strategic Implications (2026–2032)
  • 8.9 Sumitomo Metal Mining (Japan)
  • 8.9.1 Company Overview
  • 8.9.2 Key Products & Segments
  • 8.9.3 Financial Performance (2023–2025)
  • 8.9.4 Business Strategy
  • 8.9.5 SWOT Analysis
  • 8.9.6 Strategic Implications (2026–2032)
  • 8.10 Nichia Corporation (Japan)
  • 8.10.1 Company Overview
  • 8.10.2 Key Products & Segments
  • 8.10.3 Financial Performance (2023–2025)
  • 8.10.4 Business Strategy
  • 8.10.5 SWOT Analysis
  • 8.10.6 Strategic Implications (2026–2032)
  • 8.11 Mitsui Mining & Smelting (Japan)
  • 8.11.1 Company Overview
  • 8.11.2 Key Products & Segments
  • 8.11.3 Financial Performance (2023–2025)
  • 8.11.4 Business Strategy
  • 8.11.5 SWOT Analysis
  • 8.11.6 Strategic Implications (2026–2032)
  • 8.12 Umicore (Belgium)
  • 8.12.1 Company Overview
  • 8.12.2 Key Products & Segments
  • 8.12.3 Financial Performance (2023–2025)
  • 8.12.4 Business Strategy
  • 8.12.5 SWOT Analysis
  • 8.12.6 Strategic Implications (2026–2032)
  • 8.13 American Elements (USA)
  • 8.13.1 Company Overview
  • 8.13.2 Key Products & Segments
  • 8.13.3 Financial Performance (2023–2025)
  • 8.13.4 Business Strategy
  • 8.13.5 SWOT Analysis
  • 8.13.6 Strategic Implications (2026–2032)
09Competitive Landscape
  • 9.1 Competitive Landscape Overview
  • 9.2 Competitive Intensity Assessment
  • 9.3 Key Player Strategies & Positioning
  • 9.4 Competitive Dynamics & Strategic Outlook
  • 9.4.1 Emerging Competitive Threats
  • 9.4.2 Consolidation vs. Fragmentation Outlook
  • 9.4.3 Competitive Response Matrix
  • 9.4.4 Strategic Recommendations, 2026–2032
10Porter's Five Forces Analysis
  • 10.1 Threat of New Entrants
  • 10.2 Bargaining Power of Buyers
  • 10.3 Bargaining Power of Suppliers
  • 10.4 Threat of Substitutes
  • 10.5 Competitive Rivalry
11PESTLE Analysis
  • 11.1 Political
  • 11.2 Economic
  • 11.3 Social and Demographic
  • 11.4 Technological
  • 11.5 Legal and Regulatory
  • 11.6 Environmental
  • 11.7 Strategic Implications of the PESTLE Assessment
12SWOT Analysis
13Future Trends & Outlook
  • 13.1 Future Trends & Outlook
  • 13.1.1 Trend Summary and Commercial Maturity Assessment
  • 13.1.2 Technology and Innovation Trends
  • 13.1.3 Long-Term Market Outlook
  • 13.1.4 Investment & M&A Activity Outlook
  • 13.1.5 Overall Outlook Assessment

Frequently asked questions

What is the current global Nickel Oxide Hydroxide market size?
The global Nickel Oxide Hydroxide market is estimated at US$ 1.11 billion in 2025 (base year) and is projected to reach US$ 1.86 billion by 2032.
What growth rate is expected for the Nickel Oxide Hydroxide market through 2032?
The market is expected to grow at a CAGR of 7.7% from 2026 to 2032, expanding from US$ 1.11 billion in 2025 to US$ 1.86 billion in 2032, roughly 1.7 times its base-year value.
How is Nickel Oxide Hydroxide defined?
Nickel Oxide Hydroxide (NiOOH) is an inorganic nickel compound commonly formed as the oxidized phase of nickel hydroxide (Ni(OH)₂), and it plays a key role as an active material in electrochemical systems, especially in rechargeable batteries such as nickel-metal hydride (NiMH) and nickel-cadmium (NiCd) batteries, as well as in electrocatalysis and alkaline energy storage devices.
What are the main segments of the Nickel Oxide Hydroxide market by type?
By type, the market is segmented into β-NiOOH and γ-NiOOH.
Which applications drive demand in the Nickel Oxide Hydroxide market?
Key applications covered include Energy Storage System, Industrial Equipment, Automotive, Aerospace & Defense and Others.
Who are the key players in the Nickel Oxide Hydroxide market?
Key players profiled include Jinchuan Group (China), Jiangmen Kanhoo (China), CNGR Advanced Material (China), Zhejiang Huayou Cobalt (China), Beijing Easpring (China), Jilin Jien Nickel (China), Henan Kelong New Energy (China) and Tanaka Chemical (Japan), among 13 companies covered in total.
Which regions and countries are covered for Nickel Oxide Hydroxide?
The market is analysed across Asia Pacific, North America, Europe, Middle East & Africa and Latin America, with 20 country-level markets including China, Japan, United States, Canada, Germany, France, Egypt and South Africa.
What is driving growth in the Nickel Oxide Hydroxide market?
What factors are driving Nickel Oxide Hydroxide market growth, globally and by region?
Who should buy the Nickel Oxide Hydroxide market report?
The report is intended for manufacturers and solution providers, distributors and end users in Energy Storage System, Industrial Equipment and Automotive, investors and consultants, and government or industry bodies who need market size, segmentation, competitive and regional data for the Nickel Oxide Hydroxide market.
What license options are available for this report?
The report is available as a Single User License (US$ 3,500, one named user), a Site License (US$ 5,250, up to 10 users) and a Global / Corporate License (US$ 7,000, unlimited users), all delivered in PDF format.

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