The global nickel nano powder market size reached US$ 382.2 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 742.7 Million by 2028, exhibiting a growth rate (CAGR) of 11.4% during 2023-2028. The increasing demand for lightweight materials high thermal and electrical conductivity, growing adoption of nickel nano powder in various construction and infrastructure applications, and the rising demand for nickel nano powder in the energy storage sector represent some of the key factors driving the market.
|Market Size in 2022
||US$ 382.2 Million
|Market Forecast in 2028
||US$ 742.7 Million
|Market Growth Rate (2023-2028)
Nickel nano powder refers to a metallic powder consisting of fine spherical nickel particles with sizes typically ranging from 10 to 100 nanometers. The small particle size of nickel nano powder results in a high surface area to volume ratio, which enhances its catalytic activity and facilitates better dispersion and homogeneity in various materials. Additionally, the powder comprises unique physical and chemical properties that are not present in bulk nickel, such as high thermal and electrical conductivity, enhanced mechanical strength, and better resistance to corrosion and oxidation. Nickel nano powder can be produced with high purity levels and at a lower cost compared to other materials, making it ideal for use in sensitive industrial applications. The powder is commonly used as a catalyst in numerous industrial processes, such as hydrogenation reactions, ammonia synthesis, and carbon monoxide oxidation. Additionally, nickel nano powder is extensively utilized in manufacturing various electronic materials, including batteries, magnetic data storage devices, metastable intermolecular composites (MICs), conductive films, and sensors.
Nickel Nano Powder Market Trends:
The increasing demand for lightweight materials high thermal and electrical conductivity is a significant factor driving the global market. This can be attributed to the escalating product demand in numerous end-use industries, particularly defense and aerospace and automotive sectors. In line with this, the growing adoption of nickel nano powder in various construction and infrastructure applications, such as coatings, paints, and composites is creating lucrative opportunities in the market. Moreover, the rising demand for nickel nano powder in the energy storage sector due to the rising need for sustainable energy storage solutions to support renewable energy and electrification of transportation is providing an impetus to the market. Apart from this, continual technological advancements in manufacturing processes, such as nanoparticle synthesis techniques, nanoengineering, improved nanotechnology and scalable production methods, are creating a positive market outlook. Besides this, the rapid product utilization in the production of lightweight components and structures of numerous electronic devices is resulting in a higher product uptake in the electronics industry. The market is further fueled by the rising adoption of nickel nano powder in the healthcare and biomedical sector, such as drug delivery systems, sector for the manufacturing of medical implants, drug delivery systems, and various medical equipment. Some of the other factors contributing to the market include rapid industrialization, favorable government initiatives supporting product usage in numerous end-use industries, an enhanced focus on sustainable development and extensive research and development (R&D) activities.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global nickel nano powder market report, along with forecasts at the global, regional, and country levels for 2023-2028. Our report has categorized the market based on type and application.
The report has provided a detailed breakup and analysis of the nickel nano powder market based on the type. This includes < 50 nm and ≥ 50 nm. According to the report, <50 nm represented the largest segment.
- Chemical Manufacturing
- Research and Lab
- Nuclear Energy
A detailed breakup and analysis of the nickel nano powder market based on the application has also been provided in the report. This includes chemical manufacturing, electronics, research and lab, nuclear energy, nanomaterials, and others. According to the report, electronics accounted for the largest market share.
- North America
- United Kingdom
- Asia Pacific
- South Korea
- Latin America
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for nickel nano powder. Some of the factors driving the Asia Pacific nickel nano powder market included considerable growth in the construction industry, continual technological advancements, rapid product usage in electronics appliances, etc.
The report has also provided a comprehensive analysis of the competitive landscape in the global nickel nano powder market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include ACS Material LLC, American Elements, CVMR Corporation, Guangzhou Hongwu Material Technology Co. Ltd., Nanografi Nano Technology, Nanoshel LLC, Nanostructured & Amorphous Materials Inc., Otto Chemie Pvt. Ltd., Parshwamani Metals, Sisco Research Laboratories Pvt. Ltd, Sky Spring Nanomaterials Inc., Tekna, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Nickel Nano Powder Market Report Scope:
|Base Year of the Analysis
| Historical Period
|Scope of the Report
||Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: ·
||< 50 nm, ≥ 50 nm
||Chemical Manufacturing, Electronics, Research and Lab, Nuclear Energy, Nanomaterials, Others
||North America, Europe, Asia Pacific, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||ACS Material LLC, American Elements, CVMR Corporation, Guangzhou Hongwu Material Technology Co. Ltd., Nanografi Nano Technology, Nanoshel LLC, Nanostructured & Amorphous Materials Inc., Otto Chemie Pvt. Ltd., Parshwamani Metals, Sisco Research Laboratories Pvt. Ltd, Sky Spring Nanomaterials Inc., Tekna, etc.
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Key Questions Answered in This Report:
- How has the global nickel nano powder market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global nickel nano powder market?
- What is the impact of each driver, restraint, and opportunity on the global nickel nano powder market?
- What are the key regional markets?
- Which countries represent the most attractive nickel nano powder market?
- What is the breakup of the market based on the type?
- Which is the most attractive type in the nickel nano powder market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the nickel nano powder market?
- What is the competitive structure of the global nickel nano powder market?
- Who are the key players/companies in the global nickel nano powder market?
Key Benefits for Stakeholders:
- IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the nickel nano powder market from 2017-2028.
- The research study provides the latest information on the market drivers, challenges, and opportunities in the global nickel nano powder market.
- The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the nickel nano powder industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.