Nickel Acetate Market Analysis

The global nickel acetate market is segmented and analyzed for demand and supply by application into electroplating, ceramics glaze, aluminum surface treatment, coinage, textile dyeing, and others. Out of these segments, the aluminum surface treatment segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to its myriad applications, such as, in the construction industry, transportation industry, and the manufacture of electrical and consumer goods. As per the latest studies, more than USD 1 trillion worth of private and public structures are constructed in the United States alone, every year. Nickel acetate is used in surface treatment and precise plating along with ceramic glazing and industrial fabric dying. Hence, all these factors are expected to propel the growth of the segment over the forecast period.

The global nickel acetate market is also segmented and analyzed for demand and supply by application into electroplating, ceramics glaze, aluminum surface treatment, coinage, textile dyeing, and others. Amongst these segments, the ceramics glaze segment is expected to garner a significant share. The growth of the segment can be ascribed to escalated utilization of ceramic in home décor which is further boosted by the higher demand for home decor product such as, pottery, decorative lamps, lightings, and others. For instance, it estimated that the home décor sales in India alone is projected to hit approximately USD 2 billion by the end of 2027. Such higher utilization of nickel acetate has spurred the production of this material which is further anticipated to boost the growth of the ceramic glaze segment during the forecast period.

Our in-depth analysis of the global nickel acetate market includes the following segments: