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Nickel Powder Market is driven by increasing use in stainless steel production The nickel powder market is witnessing increased demand owing to growth in the lithium-ion battery applications. Nickel powder finds widespread usage as a cathode material in lithium-ion batteries used for electric vehicles and energy storage systems due to its high energy density and stability. With the global focus shifting towards sustainable energy and decarbonization, the lithium-ion battery sector is growing rapidly to support rising renewable energy integration and electric vehicle adoption. Nickel powder plays a crucial role in the lithium-ion battery production process due to its ability to intercalate lithium ions. This ability enables lithium-ion batteries to have high energy density and discharge capacity. Get More Insights on Nickel Powder Market https://timessquarereporter.com/news/nickel-powder-is-anticipated-to-witness-high-growth-owing-to-rising-demand-from-stainless-steel-production v