Nano Nickel Powder Market Trends and Forecast
The future of the global nano nickel powder market looks promising with opportunities in the fuel cell, catalyst, coating, magnetic material, and conductive paste markets. The global nano nickel powder market is expected to grow with a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are growing demand for electronic devices, catalysts, and energy storage solutions, continuous advancements in material science and nanotechnology, and rise in demand for lightweight and high-performance materials.
• Lucintel forecasts that below 50nm is expected to witness the highest growth over the forecast period.
• Within this market, fuel cell is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Nano Nickel Powder Market
• United States: Advanced Nano Products announced plans to increase nano nickel powder production to meet rising demand in the electronics sector. Government funding aims to bolster nanotechnology research and innovation.
• China: Shanghai CNPC Powder Material Co., Ltd. expanded its manufacturing capacity with a new facility, targeting a 20% market share in nano nickel powders. Government policies support domestic nanomaterials development.
• Germany: Bayer AG launched a joint venture to enhance nano nickel powder applications in energy storage. The government has set targets to integrate nanotechnology into sustainable energy solutions.
• Japan: Sumitomo Metal Mining unveiled a new product line of nano nickel powders designed for high-performance batteries. Government incentives are provided to boost nanotechnology research and commercialization.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Nano Nickel Powder Market by Segment
The study includes a forecast for the global nano nickel powder market by type, application, and region.
Nano Nickel Powder Market by Type [Value from 2018 to 2030]:
• Below 50nm
• 50-100nm
• More Than 100nm
Nano Nickel Powder Market by Application [Value from 2018 to 2030]:
• Fuel Cell
• Catalyst
• Coating
• Magnetic Material
• Conductive Paste
• Others
Nano Nickel Powder Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Nano Nickel Powder Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies nano nickel powder companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the nano nickel powder companies profiled in this report include-
• Heraeus
• Sumitomo Metal Mining
• Advanced Nano Products
• GEM
• Shoei Chemical
• Fukuda
• Jiangsu Boqian New Materials
Recent Development in the Nano Nickel Powder Market
• BASF SE: Partnered with various academic institutions to advance the development of nano nickel powders for high-performance battery applications, enhancing energy storage solutions.
• American Elements: Launched a new production line for high-purity nano nickel powders to cater to the growing demand in the electronics and aerospace sectors, focusing on improved material properties.
• Sumitomo Metal Mining Co., Ltd.: Announced an expansion of their nano nickel powder production capacity in Japan, aiming to meet the increasing needs of the automotive industry for electric vehicle components.
• NanoMaterials Technology Pte Ltd: Developed a proprietary process for producing high-quality nano nickel powders at a reduced cost, aiming to make advanced materials more accessible to various industries.
• Qingdao Advanced Material Co., Ltd.: Invested in a state-of-the-art manufacturing facility in China to boost the production of nano nickel powders, targeting the fast-growing market in Asia-Pacific for renewable energy applications.
Features of the Global Nano Nickel Powder Market
Market Size Estimates: Nano nickel powder market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Nano nickel powder market size by type, application, and region in terms of value ($B).
Regional Analysis: Nano nickel powder market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the nano nickel powder market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the nano nickel powder market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for nano nickel powder market?
Answer: The global nano nickel powder market is expected to grow with a CAGR of 10.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the nano nickel powder market?
Answer: The major drivers for this market are growing demand for electronic devices, catalysts, and energy storage solutions, continuous advancements in material science and nanotechnology, and rise in demand for lightweight and high-performance materials.
Q3. What are the major segments for nano nickel powder market?
Answer: The future of the global nano nickel powder market looks promising with opportunities in the fuel cell, catalyst, coating, magnetic material, and conductive paste markets.
Q4. Who are the key nano nickel powder market companies?
Answer: Some of the key nano nickel powder companies are as follows:
• Heraeus
• Sumitomo Metal Mining
• Advanced Nano Products
• GEM
• Shoei Chemical
• Fukuda
• Jiangsu Boqian New Materials
Q5. Which nano nickel powder market segment will be the largest in future?
Answer: Lucintel forecasts that below 50nm is expected to witness the highest growth over the forecast period.
Q6. In nano nickel powder market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the nano nickel powder market by type (below 50nm, 50-100nm, and more than 100nm), application (fuel cell, catalyst, coating, magnetic material, conductive paste, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Nano Nickel Powder Market Market, Nano Nickel Powder Market Market Size, Nano Nickel Powder Market Market Growth, Nano Nickel Powder Market Market Analysis, Nano Nickel Powder Market Market Report, Nano Nickel Powder Market Market Share, Nano Nickel Powder Market Market Trends, Nano Nickel Powder Market Market Forecast, Nano Nickel Powder Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.