Used as a precursor in the production of nickel-based catalysts for industrial chemical reactions, especially in hydrogenation processes. It serves as an intermediate in the synthesis of nickel oxide materials for battery electrodes, particularly in nickel-cadmium and nickel-metal hydride rechargeable batteries. Also utilized in electroplating baths to improve coating adhesion and uniformity. Its layered structure makes it suitable for use in pigment formulations and corrosion-resistant coatings. Additionally, it finds application in environmental remediation for the removal of certain heavy metals from wastewater due to its ion-exchange properties.