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Global Nickel Carbonyl and High Purity Nickel Market Growth 2025-2031

Published Aug 13, 2025
Length 123 Pages
SKU # LPI20310476

Description

The global Nickel Carbonyl and High Purity Nickel market size is predicted to grow from US$ 10790 million in 2025 to US$ 16420 million in 2031; it is expected to grow at a CAGR of 7.3% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

Nickel carbonyl is a volatile organometallic compound with the chemical formula Ni(CO)₄. It is formed by the reaction of nickel with carbon monoxide under low temperature and pressure. Nickel carbonyl is colorless to pale yellow, highly toxic, and flammable. It serves as a crucial intermediate in the Mond process for refining nickel and decomposes around 200°C to yield ultra-high purity nickel and carbon monoxide. Due to its exceptional chemical purity, it is widely used in electronics, aerospace, and catalyst manufacturing industries.

High purity nickel refers to nickel metal with a purity of 99.9% or higher, with common grades including 3N (99.9%), 4N (99.99%), and 5N (99.999%). It is characterized by excellent electrical conductivity, corrosion resistance, and thermal stability. High purity nickel is widely used in the production of semiconductors, battery materials, magnetic alloys, and aerospace components. It is typically refined using methods such as electrolytic purification, thermal decomposition of nickel carbonyl, or zone refining, to meet stringent impurity control standards required in high-end applications.

United States market for Nickel Carbonyl and High Purity Nickel is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Nickel Carbonyl and High Purity Nickel is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Nickel Carbonyl and High Purity Nickel is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Nickel Carbonyl and High Purity Nickel players cover Huayou Cobalt, Chengtun Mining, Lygend Resources & Technology, Hezong Science & Technology, Ganfeng Lithium Group, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Nickel Carbonyl and High Purity Nickel Industry Forecast” looks at past sales and reviews total world Nickel Carbonyl and High Purity Nickel sales in 2024, providing a comprehensive analysis by region and market sector of projected Nickel Carbonyl and High Purity Nickel sales for 2025 through 2031. With Nickel Carbonyl and High Purity Nickel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Nickel Carbonyl and High Purity Nickel industry.

This Insight Report provides a comprehensive analysis of the global Nickel Carbonyl and High Purity Nickel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Nickel Carbonyl and High Purity Nickel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Nickel Carbonyl and High Purity Nickel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Nickel Carbonyl and High Purity Nickel and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Nickel Carbonyl and High Purity Nickel.

This report presents a comprehensive overview, market shares, and growth opportunities of Nickel Carbonyl and High Purity Nickel market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Nickel Carbonyl
High Purity Nickel

Segmentation by Application:
Electronic materials
Catalysts
Semiconductors
Batteries
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Huayou Cobalt
Chengtun Mining
Lygend Resources & Technology
Hezong Science & Technology
Ganfeng Lithium Group
GEM Co., Ltd.
CNGR Advanced Material
Jinchuan Group
Ji En Nickel Industry
Grand Green Technology
Brunp Recycling
Umicore
Nornickel
CoreMax Corporation
JNMC

Key Questions Addressed in this Report

What is the 10-year outlook for the global Nickel Carbonyl and High Purity Nickel market?

What factors are driving Nickel Carbonyl and High Purity Nickel market growth, globally and by region?

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

How do Nickel Carbonyl and High Purity Nickel market opportunities vary by end market size?

How does Nickel Carbonyl and High Purity Nickel break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

123 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Nickel Carbonyl and High Purity Nickel by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Nickel Carbonyl and High Purity Nickel by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
How Do Licenses Work?
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