Abstract
This report analyzes the global battery materials market, which is poised for significant growth driven by the worldwide shift toward electrification, clean energy, and digital technology. The study examines key segments including battery types, applications, and regional dynamics, highlighting the importance of lead-acid batteries and portable devices. Furthermore, it assesses competitive landscapes and strategic developments among major industry players. By exploring critical drivers, technological innovations, and regional trends, the report provides essential insights for stakeholders navigating the evolving battery ecosystem.
Related Questions
USD 83.95 billion in 2025 and USD 147.93 billion by 2030
13.7% (forecast period: 2025-2030)
BASF, POSCO Future M, Asahi Kasei Corporation, Umicore, Sumitomo Metal Mining Co., Ltd.
growth of HEVs, PHEVs, and EVs to accelerate demand for lithium-ion batteries, high demand for lithium-ion technology in renewable energy industry, growth in consumer electronic devices
Summary
Market Overview
The global battery materials market is projected to grow from USD 83.95 billion in 2025 to USD 147.93 billion by 2030, representing a compound annual growth rate (CAGR) of 13.7% during the forecast period.
Market Growth Drivers and Trends
The battery materials market is experiencing strong growth, driven by the following factors:
- Electrification and Clean Energy: A worldwide shift toward electrification, clean energy, and digital technology.
- Increasing Demand: Rising needs for electric vehicles (EVs), portable electronics, and energy storage systems are boosting the requirement for high-performance materials.
- Investment: Significant investments from both governments and industries in battery production capacity, raw material sourcing, and recycling infrastructure.
Market Segmentation and Insights
By Battery Type
- Lead-acid Segment: This segment is estimated to account for the second-largest share in terms of value during the forecast period. Its position is driven by widespread use in:
- Automotive applications
- Industrial backup power
- Off-grid energy storage applications
- Key Drivers for Lead-acid: Reliability, low cost, and a well-established recycling infrastructure make it a preferred choice in developing regions and for applications requiring high surge currents. Growth is further supported by ongoing advancements in design, including improved flooded and AGM technologies.
By Application
- Portable Device Segment: This segment is expected to hold the second-largest share in terms of value during the forecast period. Drivers include:
- Rising consumer demand for smartphones, laptops, tablets, wearables, and wireless accessories.
- Steady battery usage sustained by advances in miniaturization, battery life, and fast-charging features.
- Expanding digital connectivity and mobile lifestyles worldwide.
By Region
- North America: This region is expected to hold the second-largest share by volume during the forecast period, driven by:
- Increasing EV adoption
- Renewable energy demand
- Government support
- Regional Dynamics: The US leads with strong policies and a developed domestic supply chain; Canada is investing in lithium production; and Mexico attracts major battery manufacturing due to cost advantages. These factors establish North America as a key player in the global battery ecosystem.
Competitive Landscape
Key Players
The following companies are major players in the battery materials market, utilizing strategies such as agreements, joint ventures, and expansions to increase market share and revenue:
- BASF (Germany)
- POSCO Future M (South Korea)
- Asahi Kasei Corporation (Japan)
- Umicore (Belgium)
- Sumitomo Metal Mining Co., Ltd. (Japan)
Profile Break-up of Primary Participants
- By Company Type:
- Tier 1: 65%
- Tier 2: 20%
- Tier 3: 15%
- By Designation:
- Directors: 25%
- Managers: 30%
- Others: 45%
- By Region:
- North America: 30%
- Asia Pacific: 40%
- Europe: 20%
- Rest of the World: 10%
Research Coverage and Report Insights
Scope of Research
The report defines, segments, and projects the size of the battery materials market based on material, battery type, application, and region. It provides detailed information on:
- Key market factors (drivers, restraints, opportunities, and challenges).
- Strategic profiling of manufacturers, including market share and core competency analysis.
- Monitoring and assessment of competitive developments (agreements, joint ventures, partnerships, expansion, etc.).
Detailed Analysis Points
- Critical Market Factors:
- Drivers: Growth of HEVs, PHEVs, and EVs accelerating lithium-ion battery demand; high demand for lithium-ion technology in the renewable energy industry; growth in consumer electronic devices.
- Restraints: Stringent safety requirements for batteries during operation; inadequate charging infrastructure.
- Opportunities: Use of batteries in energy storage devices; innovation and advances in lithium-ion battery technology; declining lithium-ion battery prices.
- Challenges: Overheating issues associated with lithium-ion batteries.
- Product Development/Innovation: Detailed insights into upcoming technologies and research & development activities.
- Market Development: Comprehensive analysis of lucrative markets across varied regions.
- Market Diversification: Exhaustive information regarding new products, various types, untapped geographies, recent developments, and investments.
- Competitive Assessment: In-depth assessment of market share, growth strategies, and product offerings of leading players.
Reasons to Buy the Report
This report is designed to assist market leaders and new entrants by providing:
- Accurate revenue estimates for the battery materials market and its segments.
- A better understanding of the competitive landscape to enhance business positioning.
- Insights to develop effective go-to-market strategies.
- Ability to gauge market trends and understand key drivers, restraints, challenges, and opportunities.
Table of Contents
1 INTRODUCTION 31
1.1 STUDY OBJECTIVES 31
1.2 MARKET DEFINITION 31
1.3 STUDY SCOPE 32
1.3.1 MARKETS COVERED AND REGIONAL SCOPE 32
1.3.2 INCLUSIONS AND EXCLUSIONS 33
1.3.3 YEARS CONSIDERED 33
1.3.4 CURRENCY CONSIDERED 34
1.3.5 UNIT CONSIDERED 34
1.4 LIMITATIONS 34
1.5 STAKEHOLDERS 34
1.6 SUMMARY OF CHANGES 35
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH DATA 36
2.1.1 SECONDARY DATA 37
- 2.1.1.1 List of key secondary sources 37
- 2.1.1.2 Key data from secondary sources 37
2.1.2 PRIMARY DATA 38
- 2.1.2.1 Key data from primary sources 38
- 2.1.2.2 List of primary interview participants-demand and supply sides 38
- 2.1.2.3 Key industry insights 39
- 2.1.2.4 Breakdown of interviews with experts 39
2.2 DEMAND-SIDE ANALYSIS 40
2.3 MARKET SIZE ESTIMATION 40
2.3.1 BOTTOM-UP APPROACH 41
2.3.2 TOP-DOWN APPROACH 41
2.4 SUPPLY-SIDE ANALYSIS 42
2.4.1 CALCULATIONS FOR SUPPLY-SIDE ANALYSIS 43
2.5 GROWTH FORECAST 43
2.6 DATA TRIANGULATION 44
2.7 FACTOR ANALYSIS 45
2.8 RESEARCH ASSUMPTIONS 45
2.9 RESEARCH LIMITATIONS 46
2.10 RISK ASSESSMENT 46
3 EXECUTIVE SUMMARY 47
4 PREMIUM INSIGHTS 52
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN BATTERY MATERIALS MARKET 52
4.2 BATTERY MATERIALS MARKET, BY REGION 52
4.3 BATTERY MATERIALS MARKET, BY BATTERY TYPE 53
4.4 BATTERY MATERIALS MARKET, BY APPLICATION OF LITHIUM-ION BATTERIES 53
4.5 BATTERY MATERIALS MARKET, BY APPLICATION OF LEAD-ACID BATTERIES 54
4.6 BATTERY MATERIALS MARKET, BY KEY COUNTRY 54
5 MARKET OVERVIEW 55
5.1 MARKET DYNAMICS 55
5.1.1 DRIVERS 56
- 5.1.1.1 Growth of HEVs, PHEVs, and EVs to accelerate demand for lithium-
- 5.1.1.2 High demand for lithium-ion technology in renewable energy industry 57
- 5.1.1.3 Growth in consumer electronic devices 58
5.1.2 RESTRAINTS 58
- 5.1.2.1 Stringent safety requirements for batteries during operations 58
- 5.1.2.2 Inadequate charging infrastructure 58
5.1.3 OPPORTUNITIES 58
- 5.1.3.1 Use of batteries in energy storage devices 58
- 5.1.3.2 Innovation and advances in lithium-ion battery technology 59
- 5.1.3.3 Declining lithium-ion battery prices 59
5.1.4 CHALLENGES 60
- 5.1.4.1 Overheating issues of lithium-ion batteries 60
6 INDUSTRY TRENDS 61
6.1 GLOBAL MACROECONOMIC OUTLOOK 61
6.2 SUPPLY CHAIN ANALYSIS 63
6.2.1 RAW MATERIALS 63
6.2.2 BATTERY MATERIALS 63
6.2.3 BATTERY MANUFACTURING 63
6.2.4 DISTRIBUTION NETWORK 64
6.2.5 END-USE INDUSTRIES 64
6.3 ECOSYSTEM ANALYSIS 64
6.4 PORTER’S FIVE FORCES ANALYSIS 65
6.4.1 BARGAINING POWER OF SUPPLIERS 66
6.4.2 BARGAINING POWER OF BUYERS 66
6.4.3 THREAT OF NEW ENTRANTS 67
6.4.4 THREAT OF SUBSTITUTES 67
6.4.5 INTENSITY OF COMPETITIVE RIVALRY 67
6.5 KEY STAKEHOLDERS AND BUYING CRITERIA 68
6.5.1 KEY STAKEHOLDERS IN BUYING PROCESS 68
6.5.2 BUYING CRITERIA 68
6.6 PRICING ANALYSIS 69
6.6.1 AVERAGE SELLING PRICE OF NATURAL GRAPHITE, BY REGION, 2022-2024 69
6.6.2 AVERAGE SELLING PRICE OF BATTERY MATERIALS, BY ANODE MATERIAL, 2024 70
6.6.3 AVERAGE SELLING PRICE OF LITHIUM CARBONATE, BY KEY PLAYERS 71
6.6.4 AVERAGE SELLING PRICE OF COBALT, BY REGION 71
6.6.5 AVERAGE SELLING PRICE OF NICKEL, BY REGION 72
6.7 TARIFF AND REGULATORY LANDSCAPE 72
6.7.1 TARIFF ANALYSIS 72
6.7.2 TARIFF RELATED TO BATTERY MATERIALS 72
6.7.3 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 73
6.8 KEY CONFERENCES AND EVENTS, 2025-2026 75
6.9 PATENT ANALYSIS 76
6.9.1 METHODOLOGY 76
6.10 TECHNOLOGY ANALYSIS 78
6.10.1 KEY TECHNOLOGIES 78
- 6.10.1.1 High-nickel cathodes 78
6.10.2 COMPLEMENTARY TECHNOLOGIES 78
- 6.10.2.1 Lithium metal batteries 78
6.11 CASE STUDY ANALYSIS 79
6.11.1 FPORTERA CASE STUDY WITH TOYOTA LITHIUM-ION BATTERIES 79
6.11.2 REDWOOD MATERIALS’ BATTERY METALS RECOVERY CUTS MINE MESS 80
6.11.3 CUSTOM LITHIUM BATTERY SOLUTION FOR PERSONAL ELECTRIC SCOOTER 81
6.12 TRADE DATA 82
6.12.1 IMPORT SCENARIO (HS CODE 850650) 82
6.12.2 EXPORT SCENARIO (HS CODE 850650) 83
6.13 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 84
6.14 INVESTMENT AND FUNDING SCENARIO 85
6.15 IMPACT OF GENERATIVE AI ON BATTERY MATERIALS MARKET 85
6.15.1 INTRODUCTION 85
6.15.2 DATA COLLECTION AND STRUCTURING 86
6.15.3 PREDICTIVE MODELING OF MATERIAL PROPERTIES 86
6.15.4 GENERATIVE DESIGN OF NEW MATERIALS 86
6.15.5 EXPERIMENTAL PRIORITIZATION AND VALIDATION 86
6.15.6 PROCESS OPTIMIZATION IN MATERIAL MANUFACTURING 86
6.15.7 INTEGRATION INTO BATTERY SYSTEMS 86
6.15.8 BATTERY LIFECYCLE AND RECYCLING 86
6.15.9 CONTINUOUS LEARNING AND FEEDBACK LOOP 86
6.16 TRUMP TARIFF IMPACT ON BATTERY MATERIALS MARKET 87
6.16.1 KEY TARIFF RATES IMPACTING MARKET 87
6.16.2 PRICE IMPACT ANALYSIS 87
6.16.3 KEY IMPACT ON VARIOUS REGIONS 88
- 6.16.3.1 US 88
- 6.16.3.2 Europe 88
- 6.16.3.3 Asia Pacific 88
6.16.4 IMPACT ON END-USE INDUSTRIES OF BATTERY MATERIALS MARKET 88
- 6.16.4.1 Lithium-ion batteries 88
- 6.16.4.1.1 Portable devices 88
- 6.16.4.1.2 Electric vehicles (EVs) 88
- 6.16.4.1.3 Industrial applications 88
- 6.16.4.1.4 Others 88
- 6.16.4.2 Lead-acid batteries 89
- 6.16.4.2.1 Automotive sector 89
- 6.16.4.2.2 Industrial applications 89
- 6.16.4.3 Others 89
- 6.16.4.1 Lithium-ion batteries 88
7 BATTERY MATERIALS MARKET, BY MATERIAL 90
7.1 INTRODUCTION 91
7.2 LITHIUM-ION BATTERY MATERIALS 91
7.2.1 CATHODE MATERIAL 92
- 7.2.1.1 Cathode materials for lithium-ion batteries 94
- 7.2.1.1.1 Lithium iron phosphate (LFP) 95
- 7.2.1.1.2 Lithium cobalt oxide (LCO) 96
- 7.2.1.1.3 Lithium nickel manganese cobalt (NMC) 98
- 7.2.1.1.4 Lithium nickel cobalt aluminum (NCA) 99
- 7.2.1.1.5 Lithium manganese oxide (LMO) 100
- 7.2.1.1 Cathode materials for lithium-ion batteries 94
7.2.2 ANODE MATERIAL 101
- 7.2.2.1 Anode materials for lithium-ion batteries 103
- 7.2.2.2 Natural graphite 104
- 7.2.2.3 Artificial graphite 105
- 7.2.2.4 Other anode materials 106
7.2.3 ELECTROLYTE MATERIAL 108
7.2.4 OTHER MATERIALS 109
7.3 LEAD ACID BATTERY MATERIALS 110
7.3.1 CATHODE MATERIAL 112
7.3.2 ANODE MATERIAL 113
7.3.3 ELECTROLYTE MATERIAL 115
7.3.4 OTHER MATERIALS 116
7.4 OTHER BATTERY MATERIALS 117
8 BATTERY MATERIALS MARKET, BY APPLICATION 118
8.1 INTRODUCTION 119
8.2 LITHIUM-ION BATTERY 119
8.2.1 PORTABLE DEVICES 121
8.2.2 ELECTRIC VEHICLES 123
8.2.3 INDUSTRIAL 124
8.2.4 OTHER APPLICATIONS 126
8.3 LEAD-ACID BATTERY 128
8.3.1 AUTOMOTIVE 129
8.3.2 INDUSTRIAL 130
8.4 OTHER APPLICATIONS 132
9 BATTERY MATERIALS MARKET, BY BATTERY TYPE 133
9.1 INTRODUCTION 134
9.2 LITHIUM-ION 135
9.2.1 GROWING DEMAND FOR HIGH-PERFORMANCE BATTERIES
9.3 LEAD-ACID 137
9.3.1 SURGE IN LOW-COST ENERGY STORAGE AND VEHICLE DEMAND
9.4 OTHER BATTERY TYPES 138
10 BATTERY MATERIALS MARKET, BY REGION 140
10.1 INTRODUCTION 141
10.2 ASIA PACIFIC 143
10.2.1 CHINA 153
- 10.2.1.1 Surge in electric vehicle production to boost market 153
10.2.2 SOUTH KOREA 153
- 10.2.2.1 Government efforts to increase adoption of electric vehicles to fuel market 153
10.2.3 JAPAN 154
- 10.2.3.1 Boost in domestic production capacity of batteries and growing industries to propel market 154
10.2.4 INDIA 154
- 10.2.4.1 Expanding EV and clean energy growth to boost market 154
10.2.5 REST OF ASIA PACIFIC 154
10.3 NORTH AMERICA 155
10.3.1 US 164
- 10.3.1.1 Surging EV and renewable energy sectors to fuel market 164
10.3.2 REST OF NORTH AMERICA 165
10.4 EUROPE 165
10.4.1 GERMANY 175
- 10.4.1.1 Rise in the automotive sector to fuel market growth 175
10.4.2 FRANCE 175
- 10.4.2.1 Increasing demand in the automotive and marine industries to drive the market 175
10.4.3 UK 175
- 10.4.3.1 Government initiatives for the adoption of EVs to boost market 175
10.4.4 REST OF EUROPE 176
10.5 REST OF THE WORLD 176
10.5.1 BRAZIL 186
- 10.5.1.1 Growing automotive sector to drive market 186
10.5.2 OTHER COUNTRIES 186
11 COMPETITIVE LANDSCAPE 187
11.1 INTRODUCTION 187
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 187
11.3 REVENUE ANALYSIS 189
11.4 MARKET SHARE ANALYSIS 190
11.5 BRAND/PRODUCT COMPARISON 192
11.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 193
11.6.1 STARS 193
11.6.2 CEMERGING LEADERS 193
11.6.3 PERVASIVE PLAYERS 193
11.6.4 PARTICIPANTS 194
11.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024 195
- 11.6.5.1 Company footprint 195
- 11.6.5.2 Region footprint 196
- 11.6.5.3 Application footprint 197
- 11.6.5.4 Material footprint 198
11.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024 199
11.7.1 PROGRESSIVE COMPANIES 199
11.7.2 RESPONSIVE COMPANIES 199
11.7.3 DYNAMIC COMPANIES 199
11.7.4 STARTING BLOCKS 199
11.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024 201
- 11.7.5.1 Detailed list of key startups/SMEs 201
- 11.7.5.2 Competitive benchmarking of key startups/SMEs 202
11.8 COMPANY VALUATION AND FINANCIAL METRICS 203
11.9 COMPETITIVE SCENARIO 204
11.9.1 PRODUCT LAUNCHES 204
11.9.2 DEALS 205
11.9.3 EXPANSIONS 206
12 COMPANY PROFILES 208
12.1 KEY COMPANIES 208
12.1.1 UMICORE 208
- 12.1.1.1 Business overview 208
- 12.1.1.2 Products offered 209
- 12.1.1.3 Recent developments 210
- 12.1.1.3.1 Deals 210
- 12.1.1.3.2 Expansions 211
- 12.1.1.4 MnM View 212
- 12.1.1.4.1 Key Strengths/Right to Win: 212
- 12.1.1.4.2 Strategic Choices 212
- 12.1.1.4.3 Weaknesses/Competitive threats 212
12.1.2 ASAHI KASEI CORPORATION 213
- 12.1.2.1 Business overview 213
- 12.1.2.2 Products/Solutions/Services offered 214
- 12.1.2.3 Recent developments 215
- 12.1.2.3.1 Deals 215
- 12.1.2.3.2 Expansions 216
- 12.1.2.4 MnM View 216
- 12.1.2.4.1 Key Strengths/Right to Win 216
- 12.1.2.5 Strategic Choices 217
- 12.1.2.6 Weaknesses/Competitive threats: 217
12.1.3 MITSUBISHI CHEMICAL GROUP CORPORATION 218
- 12.1.3.1 Business overview 218
- 12.1.3.2 Products offered 219
- 12.1.3.3 Recent developments 219
- 12.1.3.3.1 Deals 219
- 12.1.3.3.2 Expansions 220
12.1.4 POSCO FUTURE M 221
- 12.1.4.1 Business overview 221
- 12.1.4.2 Products offered 222
- 12.1.4.3 Recent developments 223
- 12.1.4.3.1 Product launches 223
- 12.1.4.3.2 Deals 223
- 12.1.4.3.3 Expansions 224
- 12.1.4.4 MnM View 226
- 12.1.4.4.1 Key Strengths/Right to Win: 226
- 12.1.4.4.2 Strategic Choices: 226
- 12.1.4.4.3 Weaknesses/Competitive threats: 226
12.1.5 EV METALS GROUP 227
- 12.1.5.1 Business overview 227
- 12.1.5.2 Products offered 227
- 12.1.5.3 Recent developments 227
- 12.1.5.3.1 Deals 227
12.1.6 RESONAC HOLDINGS CORPORATION 228
- 12.1.6.1 Business overview 228
- 12.1.6.2 Products offered 229
- 12.1.6.3 Recent developments 230
- 12.1.6.3.1 Deals 230
12.1.7 KUREHA CORPORATION 231
- 12.1.7.1 Business overview 231
- 12.1.7.2 Products offered 232
12.1.8 SUMITOMO METAL MINING CO., LTD 233
- 12.1.8.1 Business overview 233
- 12.1.8.2 Products offered 234
- 12.1.8.3 Recent developments 234
- 12.1.8.3.1 Deals 234
- 12.1.8.3.2 Expansions 235
- 12.1.8.4 MnM View 235
- 12.1.8.4.1 Key Strengths/Right to Win 235
- 12.1.8.4.2 Strategic choices 235
- 12.1.8.4.3 Weaknesses/Competitive threats 236
12.1.9 TORAY INDUSTRIES, INC 237
- 12.1.9.1 Business overview 237
- 12.1.9.2 Products offered 238
- 12.1.9.3 Recent developments 239
- 12.1.9.3.1 Deals 239
12.1.10 MITSUI MINING & SMELTING CO., LTD 240
- 12.1.10.1 Business overview 240
- 12.1.10.2 Products offered 241
12.1.11 UBE CORPORATION 242
- 12.1.11.1 Business overview 242
- 12.1.11.2 Products offered 243
- 12.1.11.3 Recent developments 244
- 12.1.11.3.1 Deals 244
- 12.1.11.3.2 Expansions 244
12.1.12 BASF 245
- 12.1.12.1 Business Overview 245
- 12.1.12.2 Products Offered 246
- 12.1.12.3 Recent developments 247
- 12.1.12.3.1 Deals 247
- 12.1.12.3.2 Expansions 247
- 12.1.12.4 MnM View 247
- 12.1.12.4.1 Key Strengths/Right to Win: 247
- 12.1.12.4.2 Strategic Choices: 248
- 12.1.12.4.3 Weaknesses/Competitive threats: 248
12.1.13 L&F CO., LTD 249
- 12.1.13.1 Business overview 249
- 12.1.13.2 Products offered 250
- 12.1.13.3 Recent developments 250
- 12.1.13.3.1 Expansions 250
12.1.14 TODA KOGYO CORP 251
- 12.1.14.1 Business overview 251
- 12.1.14.2 Products offered 252
- 12.1.14.3 Recent developments 252
- 12.1.14.3.1 Expansions 252
12.1.15 NEI CORPORATION 253
- 12.1.15.1 Business overview 253
- 12.1.15.2 Products offered 253
- 12.1.15.3 Recent developments 255
- 12.1.15.4 Product launches 255
- 12.1.15.4.1 Contracts 256
- 12.1.15.4.2 Expansions 256
12.1.16 TANAKA CHEMICAL CORPORATION 257
- 12.1.16.1 Business overview 257
- 12.1.16.2 Products Offered 258
12.1.17 NINGBO SHANSHAN CO., LTD 259
- 12.1.17.1 Business overview 259
- 12.1.17.2 Products offered 260
- 12.1.17.3 Recent developments 261
- 12.1.17.3.1 Deals 261
- 12.1.17.3.2 Expansions 261
12.1.18 HAMMOND GROUP, INC 263
- 12.1.18.1 Business overview 263
- 12.1.18.2 Products offered 263
12.1.19 SINOMA SCIENCE & TECHNOLOGY CO., LTD 264
- 12.1.19.1 Business overview 264
- 12.1.19.2 Products/Solutions/Services offered 264
12.1.20 SHANGHAI ENERGY NEW MATERIALS TECHNOLOGY CO., LTD 265
- 12.1.20.1 Business overview 265
- 12.1.20.2 Products/Solutions/Services offered 265
- 12.1.20.3 Recent developments 266
- 12.1.20.3.1 Product launches 266
- 12.1.20.4 Deals 266
- 12.1.20.5 Others 267
12.1.21 PENOX GROUP 268
- 12.1.21.1 Business overview 268
- 12.1.21.2 Products/Solutions/Services offered 268
12.1.22 GRAVITA INDIA LTD 269
- 12.1.22.1 Business overview 269
- 12.1.22.2 Products offered 270
- 12.1.22.3 Recent developments 271
- 12.1.22.3.1 Expansions 271
12.2 OTHER PLAYERS 272
12.2.1 NICHIA CORPORATION 272
12.2.2 PULEAD TECHNOLOGY INDUSTRY 272
12.2.3 ENTEK 273
- 12.2.3.1 Recent developments 273
- 12.2.3.1.1 Deals 273
- 12.2.3.1.2 Expansions 274
- 12.2.3.1 Recent developments 273
12.2.4 NEXEON LTD 275
- 12.2.4.1 Recent developments 276
- 12.2.4.1.1 Deals 276
- 12.2.4.1.2 Expansions 276
- 12.2.4.1 Recent developments 276
12.2.5 ZHANGJIAGANG GUOTAI HUARONG CHEMICAL NEW MATERIAL 277
12.2.6 ECOPRO BM 277
12.2.7 ASCEND ELEMENTS, INC 278
- 12.2.7.1 Recent developments 278
- 12.2.7.1.1 Deals 278
- 12.2.7.1.2 Expansions 280
- 12.2.7.1 Recent developments 278
13 ADJACENT AND RELATED MARKETS 281
13.1 INTRODUCTION 281
13.2 LIMITATIONS 281
13.3 INTERCONNECTED MARKETS 281
13.4 LITHIUM-ION BATTERY MARKET 281
13.4.1 MARKET DEFINITION 281
13.4.2 MARKET OVERVIEW 281
13.4.3 LITHIUM-ION BATTERY MARKET, BY TYPE 282
13.4.4 LITHIUM NICKEL MANGANESE COBALT (NMC) 283
- 13.4.4.1 Low self-heating rate to drive adoption 283
13.4.5 LITHIUM IRON PHOSPHATE (LFP) 283
- 13.4.5.1 Growing deployment in HEVs and PHEVs to boost demand 283
13.4.6 LITHIUM COBALT OXIDE (LCO) 284
- 13.4.6.1 Increasing deployment as power source in consumer electronics to drive market 284
13.4.7 LITHIUM TITANATE OXIDE (LTO) 284
- 13.4.7.1 High security and stability due to low operating voltage to boost demand 284
13.4.8 LITHIUM MANGANESE OXIDE (LMO) 284
- 13.4.8.1 Low internal resistance and high thermal stability to drive segmental growth 284
13.4.9 LITHIUM NICKEL COBALT ALUMINIUM OXIDE (NCA) 285
- 13.4.9.1 Power and automotive industries to offer lucrative growth opportunities 285
14 APPENDIX 286
14.1 DISCUSSION GUIDE 286
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 289
14.3 CUSTOMIZATION OPTIONS 291
14.4 RELATED REPORTS 291
14.5 AUTHOR DETAILS 292