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Carbonyl Nickel Powder Market – Structure and Overview of Key Market Forces Propelling Market 2025
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Nickel carbonyl powder can be manufactured through a number of different process including atomization or precipitation from solutions. However, these techniques manufacture relatively large particles which are difficult to control at fine particle sizes. On the other hand, nickel carbonyl gas process tends to produce much finer particles in sufficient volume. The particles produced can be easily controlled to accurate shapes and tolerances. Carbonyl nickel powder is formed through the reaction of carbon monoxide with metallic nickel.
Metallic nickel is used in nickel refining in the synthesis of acrylic and methacrylic esters and for other organic synthesis. Carbonyl nickel powder, when exposed to air, rapidly decomposes to metallic nickel and carbon monoxide with 50% of decomposition occurring at room temperature and complete decomposition at 150C-200C. The decomposition of carbonyl nickel powder is inversely proportional to the concentration of carbon monoxide. Carbonyl nickel powder is generally used in refining nickel ore, forming films and coatings, and as a catalyst in various chemical reactions, glass plating, etc.
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Major players operating in the global carbonyl nickel powder market include Reade International Corp, SkySpring Nanomaterials, Inc, Vale, Azo Materials, Hart Materials, and Norilsk Nickel. These companies account for a significant share of the carbonyl nickel powder market. Thus, carbonyl nickel powder market experiences intense competition.
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