Nickel trioxide has a wide range of applications, with electronic grade nickel trioxide as its representative product.

Nickel trioxide, also known as high nickel oxide and black nickel oxide, has a chemical formula of Ni2O3 and is an inorganic compound. Nickel trioxide appears as gray-black powder and is soluble in hydrochloric acid, nitric acid and sulfuric acid, but insoluble in water. As an important chemical material and electronic component material, nickel trioxide is widely used in pigments, batteries, flame retardants and other fields.

The main preparation processes of nickel trioxide include nickel carbonate calcination method, basic nickel carbonate method and nickel nitrate hexahydrate precipitation method. The nickel carbonate calcination method refers to using sodium carbonate and nickel sulfate solution as the main raw materials, and produces nickel trioxide through metathesis reaction, filtration, concentration, cooling, separation, drying, calcination, ball milling and other processes; the basic nickel carbonate method refers to using carbonic acid Ammonium solution and nickel nitrate solution are the main raw materials. Nickel trioxide is obtained through filtration, washing, dehydration, burning and other processes. The production process of nickel nitrate hexahydrate precipitation method is relatively complicated and is not suitable for industrial production.

According to the “2023-2028 China Nickel Trioxide Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center , Nickel trioxide is mainly used in pigments, batteries, flame retardants and other fields. In the field of pigments, nickel trioxide can be used as a coloring pigment for enamel, glass and ceramics; in the field of batteries, nickel trioxide can be used as anode material for nickel batteries; in the field of flame retardants, nickel trioxide can be used as a flame retardant. Flame synergist can effectively improve the flame retardant effect of flame retardants.

Electronic grade nickel trioxide is a representative product of nickel trioxide, which can be used to produce batteries with high nickel content and is widely used in the field of new energy vehicles. According to statistics from the China Association of Automobile Manufacturers, my country’s new energy vehicle sales will reach 6.887 million units in 2022, a year-on-year increase of 93.4%. High-nickel content batteries have high energy density and can effectively extend the vehicle’s cruising range. As the prosperity of my country’s new energy vehicle industry continues to increase, nickel trioxide is an important raw material for high-nickel content batteries, and the industry’s development will further accelerate.

There are many nickel trioxide companies in my country, but the market is dominated by small and medium-sized companies, and the industry concentration is low. Shanghai Xiaohuang Nanotechnology Co., Ltd., Hubei Shixing Chemical Co., Ltd., Jinan Haobang Chemical Co., Ltd., Shanghai Huding Biotechnology Co., Ltd., and Hubei Xinghengye Technology Co., Ltd. are the main suppliers of nickel trioxide in my country. It is expected that companies with electronic-grade nickel trioxide production capabilities will occupy a larger market space in the future.

Industry analysts people said that nickel trioxide, as an important chemical material and electronic component material, is widely used in many fields and is accompanied by downstream industries. As the development speed continues to accelerate, its market demand will become increasingly strong. my country’s nickel trioxide market is dominated by small and medium-sized enterprises. As the technological innovation level of local enterprises continues to improve, the concentration of my country’s nickel trioxide industry will increase.