According to our (Global Info Research) latest study, the global Nickel Base Electrode market size was valued at US$ 129 million in 2024 and is forecast to a readjusted size of USD 212 million by 2031 with a CAGR of 7.4% during review period.
A nickel-base electrode is an electrode primarily composed of nickel or nickel alloys. These electrodes are used in various electrochemical applications, including batteries, fuel cells, and electrolyzers. Nickel's favorable properties, such as good electrical conductivity, corrosion resistance (especially in alkaline environments), and relatively low cost compared to noble metals like platinum, make it a suitable material for these applications. Different nickel alloys and surface modifications are often employed to enhance performance for specific uses.
The industry trend for nickel-base electrodes is driven by the growing demand for energy storage and clean energy technologies. Key trends include enhancing the electrochemical performance of nickel-based materials through alloying, surface modification (e.g., coatings, nano-structuring, doping), and the development of novel electrode architectures. In batteries, research focuses on improving energy density, power density, cycle life, and safety of nickel-metal hydride (NiMH), nickel-cadmium (NiCd), and nickel-zinc (NiZn) batteries. In fuel cells and electrolyzers, the focus is on enhancing catalytic activity for reactions like oxygen evolution reaction (OER) and hydrogen evolution reaction (HER), while also improving durability and reducing cost. There is a strong emphasis on reducing or eliminating the use of scarce and expensive noble metals by developing advanced nickel-based catalysts and electrocatalysts with comparable or superior performance. Furthermore, there is a growing interest in using earth-abundant materials and sustainable manufacturing processes for electrode production to minimize environmental impact and reduce reliance on critical raw materials. The industry is also exploring novel nickel-based materials, such as nickel foams, nickel nanowires, and nickel composites, to further enhance electrode performance and expand their applications.
This report is a detailed and comprehensive analysis for global Nickel Base Electrode market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Nickel Base Electrode market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Nickel Base Electrode market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Nickel Base Electrode market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Nickel Base Electrode market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Nickel Base Electrode
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Nickel Base Electrode market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include De Nora, AdorFon, HILCO, ERIKS, Solano, Yingrui Technology, Baoshilai, Hengchuan Technology, Shanghai Juna, Aodeyuan, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Nickel Base Electrode market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Ni4
Ni6
Others
Market segment by Application
Electrolyzer
Cell
Major players covered
De Nora
AdorFon
HILCO
ERIKS
Solano
Yingrui Technology
Baoshilai
Hengchuan Technology
Shanghai Juna
Aodeyuan
Handan Keling
Liaoning Kelong
BGRIMM
Jiangsu Laiyang
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Nickel Base Electrode product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Nickel Base Electrode, with price, sales quantity, revenue, and global market share of Nickel Base Electrode from 2020 to 2025.
Chapter 3, the Nickel Base Electrode competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Nickel Base Electrode breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Nickel Base Electrode market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Nickel Base Electrode.
Chapter 14 and 15, to describe Nickel Base Electrode sales channel, distributors, customers, research findings and conclusion.
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