Mediumchain Triglycerides Market to Register Steady Growth During 201 Nickel Hydroxide Market: Global Industry Analysis

Nickel Hydroxide Market Rugged Expansion Foreseen by 2022
Nickel Hydroxide, generally used in rechargeable battery electrodes, by oxidation to
nickel(III) oxide-hydroxide. Nickel hydroxide is denoted by Ni(OH)2 and is an insoluble
chemical compound having strong redox properties. The mineral form of nickel hydroxide,
also known as theophrastite, was first discovered in northern Greece in 1980. Nickel
Hydroxide is a translucent emerald-green crystal, formed naturally in thin sheet form near
the boundaries of chlorite and idocrase crystals.
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Nickel hydroxide has a molecular weight of 92.71 g/mol, having a melting point of 230?C.
Nickel hydroxide has two distinct pseudopolymorphs, namely α- and β-Ni(OH)2 forms. The
α structure is made up of Ni(OH)2 layers, having intercalated anions or water molecules
between them. The β type is a hexagonal closest-packed structure of OH- and Ni2+ ions,
minus any kind of intercalated ions. Besides the α and β forms of nickel hydroxide, a
number of γ-Ni(OH)2 have been described, which are made up of crystal structures having
much bigger inter-sheet distances.
The global nickel hydroxide market is projected to register a high growth in demand due to
the increasing requirements of nickel hydroxide as electrodes in electrochemical batteries.
The long battery life, utmost reliability, and superior performance of the nickel hydroxide
based batteries, as compared to the other types of batteries are expected to fuel the
growth of the global nickel hydroxide market. However, the toxicity concerns related to
Ni2+ ions are poised to hinder the growth of the global nickel hydroxide market.
Additionally, the rising prices of raw materials may hinder the growth of the global nickel
hydroxide market over the forecast period.
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The global nickel hydroxide market is segmented on the basis of product type, end-use