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Nickel Ammonium Sulfate Market

The market for Nickel Ammonium Sulfate was estimated at $433 million in 2024; it is anticipated to increase to $650 million by 2030, with projections indicating growth to around $911 million by 2035.

Report ID:DS1309134
Author:Vineet Pandey - Business Consultant
Published Date:
Datatree
Chemicals & Materials
Specialty Chemicals
Nickel Ammonium Sulfate
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Report Summary
Market Data
Methodology
Table of Contents

Global Nickel Ammonium Sulfate Market Outlook

Revenue, 2024

$433M

Forecast, 2034

$851M

CAGR, 2025 - 2034

7.0%

The Nickel Ammonium Sulfate industry revenue is expected to be around $463.1 million in 2025 and expected to showcase growth with 7.0% CAGR between 2025 and 2034. The notable rise in usage highlights the significance and enduring importance of Nickel Ammonium Sulfate on a global scale​ ​High demand mainly stems from its wide ranging industrial uses and strong presence in electroplating and as a mordant in textile dye works​ The extensive application of this mineral salt in manufacturing nickel catalysts has been a driver of market growth​ Increasing environmental awareness​​ global consumption shifts​​ and advancements, in chemical production methods continue to emphasize its ongoing relevance​

Nickel Ammonium Sulfate is known for its range of uses that impact market trends and industries like chemicals and textiles due it its creation involving sulfuric acid reacting with nickel metal and ammonia resulting in a pale green crystalline substance. There is currently a rising need for high purity Nickel Ammonium Sulfate in catalyst production and substance coating applications driven by advancements, in manufacturing processes.

Nickel Ammonium Sulfate market outlook with forecast trends, drivers, opportunities, supply chain, and competition 2024-2034
Nickel Ammonium Sulfate Market Outlook

Market Key Insights

  • The Nickel Ammonium Sulfate market is projected to grow from $432.8 million in 2024 to $851 million in 2034. This represents a CAGR of 7%, reflecting rising demand across Fertilizer, Galvanoplastics, and Crystallography.

  • Jost Chemical Co., Spectrum Chemical Manufacturing Corp., Sigma-Aldrich Co. are among the leading players in this market, shaping its competitive landscape.

  • U.S. and China are the top markets within the Nickel Ammonium Sulfate market and are expected to observe the growth CAGR of 4.5% to 6.7% between 2024 and 2030.

  • Emerging markets including Indonesia, Philippines and Vietnam are expected to observe highest growth with CAGR ranging between 8.0% to 9.7%.

  • Transition like Enhancement in Agricultural Practices has greater influence in U.S. and China market's value chain; and is expected to add $22 million of additional value to Nickel Ammonium Sulfate industry revenue by 2030.

  • The Nickel Ammonium Sulfate market is set to add $419 million between 2024 and 2034, with manufacturer targeting Galvanoplastics & Crystallography Application projected to gain a larger market share.

  • With

    expanding agriculture sector, and

    Technological Advancements in Chemistry and Metallurgy, Nickel Ammonium Sulfate market to expand 97% between 2024 and 2034.

nickel ammonium sulfate market size with pie charts of major and emerging country share, CAGR, trends for 2025 and 2032
Nickel Ammonium Sulfate - Country Share Analysis

Opportunities in the Nickel Ammonium Sulfate

Through establishing partnerships and alliances, within the Nickel Ammonium Sulfate sector companies can also expand their market presence significantly. Teaming up with industrial firms enables them to cater effectively to a broader range of customer demands ultimately propelling the advancement of this industry.

Growth Opportunities in North America and Europe

In North America's Nickel Ammonium Sulfate market flourishes because this compound is widely used in industries like electronics and agriculture well as in water treatment applications. The growth trend looks thanks to the increasing demand in these sectors driven by technological advancements and strict environmental regulations, in the region. Competition has become fiercer with market players holding strong positions and bringing forward innovative solutions and strategies that fuel market changes. Nevertheless there are chances for newcomers in the field to the growing use of Nickel Ammonium Sulfate in specialized industries such, as nanotechnology and sustainable energy.
In Europe the Nickel Ammonium Sulfate market is greatly impacted by the chemical and metal plating sectors in the region. The demand for Nickel Ammonium Sulfate mirrors the production schedules of automotive and electrical equipment manufacturers in a closely linked manner. The competitive scenario in Europe features established companies emphasizing research and development efforts, for improving their products. Moreover stringent environmental policies advocate for the adoption of eco sustainable solutions acting as a potential catalyst for market expansion. Nonetheless the market encounters obstacles stemming from fluctuations, in raw material costs that may affect market stability and growth prospects.

Market Dynamics and Supply Chain

01

Driver: Increasing emphasis on micronutrient enriched fertilizers and precision agriculture adoption

The nickel ammonium sulfate market is also driven by the increasing emphasis on micronutrient enriched fertilizers and the broader adoption of precision agriculture practices. As soil health management becomes more critical, agronomists and farmers recognize the importance of micronutrients such as nickel for optimizing crop metabolism and improving nitrogen utilization. Nickel ammonium sulfate supplies plant-available nickel that helps prevent deficiency symptoms, supporting yield stability in high value crops. Separately, precision agriculture technologies such as soil mapping and variable rate application are also gaining traction, enabling targeted delivery of micronutrients where they are also most needed. These technologies improve fertilizer efficiency and reduce waste, making micronutrient supplements like nickel ammonium sulfate more attractive in modern farming systems. Together, these trends reflect a shift toward data driven nutrient management and sustainable crop production, reinforcing demand for specialized fertilizer inputs that support both plant health and economic efficiency.
Growth in advanced electroplating and surface finishing processes is also a key driver for nickel ammonium sulfate demand. In galvanoplastics and specialty plating applications, this compound acts as a reliable source of nickel ions that contribute to uniform metal deposition, improved conductivity, and enhanced adhesion on substrates such as automotive parts, decorative hardware, and electronic components. Manufacturers increasingly seek plating bath chemistries that offer consistent performance and improved surface quality to meet stringent functional and aesthetic specifications. This focus on optimized plating solutions supports ongoing procurement of nickel ammonium sulfate in industrial surface finishing sectors, where precision and reliability are also essential.
02

Restraint: Competition from alternative micronutrient fertilizers limits broader adoption and pricing power

Nickel ammonium sulfate faces strong competition from other micronutrient fertilizers such as chelated nickel products and blended micronutrient formulations that offer enhanced solubility and ease of application. Farmers and agronomists may favor these alternatives because they can be integrated into existing fertilizer programs more easily and often have broader field trial support. For example, chelated micronutrients are frequently used in foliar feeding systems, reducing demand for nickel ammonium sulfate in regions where precision spray technologies prevail. This competitive pressure can suppress pricing power and restrain revenue growth, especially in markets with established fertilizer supply channels.
03

Opportunity: Expanding Agricultural Horizons and Technological Innovations Steering the Market Growth

Nickel Ammonium Sulfate has been proven effective in settings globally and is vital for enhancing crop health. There is growth opportunity in developing nations for this market segment that remains largely unexplored. Existing industry leaders have the opportunity to expand the distribution of Nickel Ammonium Sulfate into these emerging markets in response to the growing need, for efficient fertilizers.
The Nickel Ammonium Sulfate sector is ready for a shake up with technological advancements on the horizon! By upgrading production methods and refining packaging and distribution strategies for efficiency and reach could pave the way, for capturing a larger market share by the companies adopting these changes.
04

Challenge: Environmental and regulatory concerns over nickel and ammonium compounds constrain industrial usage

Environmental and regulatory concerns associated with nickel and ammonium salts present a restraint on nickel ammonium sulfate market growth, particularly in industrial applications like electroplating. Strict wastewater discharge limits and occupational safety regulations increase compliance costs for surface finishers and metal treatment facilities. For example, plating shops may reduce or avoid using nickel ammonium sulfate to meet stringent effluent standards, opting instead for lower risk chemistries. These regulatory pressures can lead to decreased demand, increased operational costs, and slower adoption rates in industries where environmental compliance is a top priority, dampening overall market dynamics.

Supply Chain Landscape

1

Raw Material Extraction

Rio Tinto GroupVale
2

Production

Sigma-AldrichThermo Fisher Scientific
3

Distribution & Wholesale

BrenntagUnivar Solutions
4

End Use

TextilePotteryPhotography
Nickel Ammonium Sulfate - Supply Chain

Use Cases of Nickel Ammonium Sulfate in Fertilizer & Crystallography

Fertilizer : In fertilizer applications, nickel ammonium sulfate is used in high purity agronomic grade form to supply essential micronutrients to crops. Nickel plays a crucial role in plant metabolism, particularly in nitrogen utilization and enzyme activation. When applied in controlled amounts, nickel ammonium sulfate helps prevent nickel deficiency in soils, improving seed germination and overall crop health. This makes it valuable for high value crops such as legumes, oilseeds, and cereals where micronutrient balance directly impacts yield. Farmers and agronomists favor this compound for its consistent solubility and plant available nickel content, supporting sustainable nutrient management practices across agricultural systems.
Galvanoplastics : In galvanoplastics, nickel ammonium sulfate is primarily used in industrial grade electroplating solutions by surface finishing and metal coating service providers. It serves as a source of nickel ions in specialized plating baths that produce decorative and functional nickel layers on substrates such as jewelry, automotive parts, and electronic components. The ammonium sulfate component helps maintain bath conductivity and pH stability, promoting uniform deposition and improved adhesion. Electroplaters value this compound for enhancing plating efficiency and surface quality, especially where precise control of nickel deposition is required to achieve corrosion resistance and aesthetic appeal in finished products.
Crystallography : For crystallography applications, nickel ammonium sulfate is used in reagent or research grade form by academic laboratories and materials research facilities. It is often employed as a model compound in crystal growth experiments to study nucleation, lattice formation, and coordination chemistry. Its well defined crystal structure and predictable solubility make it suitable for instructional demonstrations and advanced research in solid state chemistry and crystallographic analysis. Researchers use nickel ammonium sulfate to grow high quality single crystals, which are essential for X-ray diffraction studies and educational training in crystal engineering principles.

Recent Developments

Recent developments in the nickel ammonium sulfate market reflect its growing role in precision agriculture and advanced plating technologies. A key market trend is increased integration of micronutrient fertilizers to support soil health and crop nutrition, driving demand for nickel based fertilizer inputs. Simultaneously, industrial surface finishing sectors are refining electroplating bath chemistries to enhance corrosion resistance and deposit quality using nickel ammonium sulfate. These shifts in fertilizer solutions, metal finishing, and material performance optimization are shaping procurement priorities and supporting niche growth opportunities.

April 2024 : Vedanta announced plans to expand nickel sulfate production to serve overseas EV battery markets, especially Japan and South Korea.
March 2024 : LS Group finished constructing a brand nickel sulfate facility in Asan with the help of Torecom. Their goal is to ramp up production to 270000 tons, per year by the year 2030.
January 2024 : Abaxxx unveiled a futures contract for nickel sulfate, with physical settlement aimed at meeting the pricing demands of the global electric vehicle battery market.

Impact of Industry Transitions on the Nickel Ammonium Sulfate Market

As a core segment of the Specialty Chemicals industry, the Nickel Ammonium Sulfate market develops in line with broader industry shifts. Over recent years, transitions such as Enhancement in Agricultural Practices and Progress in Industrial Manufacturing have redefined priorities across the Specialty Chemicals sector, influencing how the Nickel Ammonium Sulfate market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.
01

Enhancement in Agricultural Practices

Nickel ammonium sulfate holds a position in contemporary agriculture as it enhances soil fertility by providing essential nutrients resulting in enhanced crop output and quality outcomes for farmers to benefit from positively driven changes towards efficient fertilizers and heightened concerns for soil well being, among agricultural practitioners have catalyzed this shift in theindustry'slandscape towards more sustainable and productive farming methods.
02

Progress in Industrial Manufacturing

Progress in industrial manufacturing has positioned nickel ammonium sulfate as a dependable material within modern surface finishing and metal treatment processes. Manufacturers are increasingly adopting it as a plating agent to improve coating durability, corrosion resistance, and surface consistency in components used across automotive, electrical, and consumer goods industries. This transition reflects a broader shift toward longer lasting and higher performance products that meet rising quality expectations. For example, electroplating units supplying automotive fasteners and electrical connectors report improved service life and reduced defect rates when optimized nickel ammonium sulfate based baths are used. As a result, downstream industries benefit from lower maintenance costs and enhanced product reliability. This evolving usage strengthens its role in value driven manufacturing ecosystems and supports incremental demand growth.