The Global Nickel Powder for MLCC Internal Electrodes Market was valued at US$ 553.7 Million in 2024 and is projected to reach US$ 798.2 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period (2024–2030). This robust growth is propelled by the relentless demand for smaller, higher-capacitance Multi-Layer Ceramic Capacitors (MLCCs) driven by the proliferation of 5G technology, electric vehicles, and advanced consumer electronics.
As electronic devices continue to shrink in size while demanding more power and functionality, the quality and performance of the nickel powder used in MLCC internal electrodes become paramount. This specialized powder, characterized by its high purity, uniform particle size, and excellent conductivity, is the backbone of modern capacitor manufacturing. In this blog, we profile the Top 10 Companies in the Nickel Powder for MLCC Internal Electrodes Industry—a strategic mix of established chemical giants, specialized material scientists, and regional leaders shaping the future of passive components.
Download FREE Sample Report:
Nickel Powder for MLCC Internal Electrodes Market – View in Detailed Research Report
🔟 1. JFE Mineral & Metals Engineering Co., Ltd.
Headquarters: Tokyo, Japan
Key Offering: High-Purity Nickel Powders for MLCC (CVD, PVD Grades)
JFE Mineral, a subsidiary of the JFE Holdings conglomerate, is a global leader in the production of high-performance metal powders. Their nickel powders are renowned for exceptional purity levels (often exceeding 99.9%) and highly spherical morphology, which are critical for achieving thin, uniform electrode layers in high-capacitance MLCCs.
Key Innovation Focus:
-
Development of ultra-fine, sub-micron nickel powders for next-generation micro-MLCCs
-
Proprietary Chemical Vapor Deposition (CVD) processes for superior batch consistency
-
Strategic partnerships with major MLCC manufacturers in Japan and South Korea
Download FREE Sample Report:
Nickel Powder for MLCC Internal Electrodes Market – View in Detailed Research Report
9️⃣ 2. Sumitomo Metal Mining Co., Ltd.
Headquarters: Tokyo, Japan
Key Offering: SMM Nickel Powder, TECNIX® Series
Sumitomo Metal Mining (SMM) is a premier supplier of advanced materials, with its nickel powder division being a critical player for the global electronics sector. Their TECNIX® brand nickel powders are engineered for high sinterability and low oxidation, ensuring reliable performance in the high-temperature co-firing process essential for MLCC manufacturing.
Key Innovation Focus:
-
Focus on powders with narrow particle size distribution for improved layer stacking
-
Ongoing R&D into alloyed nickel powders to enhance electrical and thermal properties
8️⃣ 3. Shoei Chemical Inc.
Headquarters: Tokyo, Japan
Key Offering: Ultrafine Nickel Powder (Vapor Phase Method)
Shoei Chemical is a specialist in ultrafine metal particles produced via vapor phase synthesis. This method yields powders with excellent purity, spherical shape, and minimal agglomeration. Their products are essential for manufacturing MLCCs used in high-frequency applications, such as those found in smartphones and 5G infrastructure.
Key Innovation Focus:
-
Pioneering vapor phase synthesis for unmatched powder consistency
-
Capacity expansion to meet surging demand from the automotive electronics sector
7️⃣ 4. Toho Titanium Co., Ltd.
Headquarters: Chigasaki, Kanagawa, Japan
Key Offering: High-Purity Nickel Powders (Reduction Method)
While primarily known for titanium, Toho Titanium has developed significant expertise in high-purity nickel powder production. Utilizing a sophisticated reduction process, they produce powders that offer excellent conductivity and are well-suited for the stringent requirements of MLCC internal electrodes, particularly for automotive-grade components.
Key Innovation Focus:
-
Leveraging metallurgical expertise to control powder morphology and surface area
-
Supplying the robust supply chain for Japan’s dominant electronics industry
6️⃣ 5. Murata Manufacturing Co., Ltd.
Headquarters: Nagaokakyo, Kyoto, Japan
Key Offering: Proprietary Nickel Powder for In-House MLCC Production
Murata, the world’s largest MLCC manufacturer, represents a unique case. The company vertically integrates its supply chain by producing its own specialized nickel powder. This ensures absolute control over material quality, consistency, and performance, allowing Murata to push the boundaries of miniaturization and capacitance in its industry-leading components.
Key Innovation Focus:
-
In-house powder development tightly coupled with MLCC design and process innovation
-
Proprietary formulations optimized for their specific dielectric materials and firing profiles
Get Full Report Here:
Nickel Powder for MLCC Internal Electrodes Market – View in Detailed Research Report
5️⃣ 6. Tekna Advanced Materials
Headquarters: Sherbrooke, Quebec, Canada
Key Offering: Spherical Nickel Powders (Plasma-based Processes)
Tekna is a global leader in advanced materials production using plasma technology. Their plasma-based processes create highly spherical, dense, and pure nickel powders that are ideal for demanding applications like MLCCs. Their technological edge offers an alternative to traditional Japanese suppliers, particularly in North American and European markets.
Key Innovation Focus:
-
Utilization of plasma atomization for superior powder spheroidization and purity
-
Focus on scalable production to serve the growing global MLCC market
4️⃣ 7. Jiangsu Boqian New Materials Stock Co., Ltd.
Headquarters: Yancheng, Jiangsu, China
Key Offering: Nickel Powder for MLCCs (Various Methods)
Jiangsu Boqian is a leading Chinese manufacturer of advanced metal powders, including those tailored for the electronics industry. The company is a key domestic supplier as China strives to build a self-reliant semiconductor and passive component ecosystem, serving a rapidly growing local MLCC manufacturing base.
Key Innovation Focus:
-
Expanding production capacity to support China’s “Made in China 2025” initiative
-
Improving product quality and consistency to compete with established international players
3️⃣ 8. Hongwu International Group Ltd.
Headquarters: Guangzhou, Guangdong, China
Key Offering: High-Purity Metal Powders, including Nickel for Electronics
Hongwu International is a significant supplier of various metal powders, with a dedicated focus on materials for the electronics sector. They provide nickel powders that cater to the specific needs of MLCC manufacturers, particularly those serving the mid-range consumer electronics market.
Key Innovation Focus:
-
Cost-effective production to serve the high-volume consumer electronics segment
-
Investing in R&D to develop powders suitable for more advanced MLCC applications
2️⃣ 9. Mitsui Mining & Smelting Co., Ltd.
Headquarters: Tokyo, Japan
Key Offering: Specialty Nickel and Conductive Powders
Mitsui Kinzoku, with its deep expertise in non-ferrous metals, produces high-quality nickel powders that find application in MLCCs. Their strength lies in their material science capabilities and their ability to provide consistent, high-purity materials to a demanding clientele.
Key Innovation Focus:
-
Integration from raw material processing to final powder production for quality control
-
Development of powders with enhanced sintering behaviour
1️⃣ 10. American Elements
Headquarters: Los Angeles, California, USA
Key Offering: High-Purity Nickel Powder (Nano and Micro grades)
American Elements is a global manufacturer and distributor of advanced materials, supplying a wide range of nickel powders in various purities and particle sizes. While serving diverse industries, they are a key supplier for R&D departments and specialized MLCC producers, particularly in North America, who require high-purity, research-grade materials.
Key Innovation Focus:
-
Providing a vast catalog of material specifications for custom and R&D applications
-
Supporting innovation in next-generation electronic components with advanced material solutions
Get Full Report Here:
Nickel Powder for MLCC Internal Electrodes Market – View in Detailed Research Report
🔬 Outlook: The Future of Nickel Powder is Driven by Miniaturization and Performance
The nickel powder for MLCC internal electrodes market is evolving in lockstep with the electronics industry’s relentless pursuit of miniaturization and enhanced performance. The focus is shifting towards powders that enable thinner layers, higher capacitance, and greater reliability in challenging environments like under-the-hood automotive applications.
📈 Key Trends Shaping the Market:
-
Ultra-Fine and Nano-Powders: Development of sub-100nm nickel powders to facilitate the production of micro-MLCCs with layer thicknesses below one micron.
-
Advanced Synthesis Methods: Increased adoption of Plasma, CVD, and other advanced techniques over traditional methods for superior powder characteristics.
-
Supply Chain Diversification: Efforts by OEMs outside of East Asia to secure alternative nickel powder sources to mitigate geopolitical and supply chain risks.
-
Demand from Automotive EVs: Exponential growth in demand for high-reliability MLCCs in electric vehicles, which can contain over 10,000 capacitors per vehicle, driving need for high-quality nickel powder.
Get Full Report Here:
Nickel Powder for MLCC Internal Electrodes Market – View in Detailed Research Report
The companies profiled above are not merely suppliers; they are enablers of technological progress. Their continuous innovation in nickel powder technology is fundamental to powering the next generation of smarter, smaller, and more powerful electronic devices that are transforming our world.
- Top 10 Companies in the Global HSLA Steel Market (2025): Market Leaders Building a Stronger, Lighter Future - December 30, 2025
- Top 10 Companies in the Global Ytterbium Oxide Sputtering Target Market (2025): Leaders Powering Advanced Materials Manufacturing - December 30, 2025
- Top 10 Companies in the Latex Polymer Industry (2025): Market Leaders Driving Global Material Innovation - December 30, 2025
