Cathode Materials Market Size, Top Countries Data, Size, Revenue, Company Overview by 2027
- elizabethsanchez28
- Aug 31, 2021
- 4 min read
The global Cathode Materials Market is forecasted to be worth USD 27.84 Billion in 2027, according to a new report by Emergen Research. The increasing demand for uninterruptible power supply systems for industrial operations in the manufacturing or chemical, or oil & gas industries results in the growing usage of cathode materials-based lithium-ion batteries. The ongoing trend of energy conservation and increasing preference towards renewable battery energy over fuel energy is a major contributing factor for the development of the industry.
Growing government initiatives through strict rules and regulations to curb down CO2 emission and increase electric vehicles' adoption is a significant supporting factor for the industry. Incentives such as tax rebates and special benefits in new car registration for Electric Vehicles will surely propel the future growth of the industry.
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Key Highlights From The Report
· In 2018, Hitachi Chemical Co., Ltd entered into a licensing agreement with Silatronix, Inc. to lengthen the life of the lithium-ion batteries and improve the storage stability of the batteries at high temperatures.
· Lead Dioxide held the largest market share of 32.3% in the year of 2019 due to the increasing investments in the research and development by the manufacturers of the cathode materials.
· The Lead-Acid battery is forecasted to grow with the fastest CAGR of 6.2% over the forecast period as the lead-acid batteries generate recyclable & renewable energy and reduce the CO2 emission levels.
· Key participants include BASF SE, Mitsubishi Chemical Corporation, 3M, Umicore, POSCO, Hitachi Chemical Co., Ltd, Johnson Matthey, Mitsui Mining & Smelting Co., Ltd, Sumitomo Metal Mining Co. Ltd, and Kureha Corporation, among others.
The report further sheds light on the broad geographical fragmentation of the global Cathode Materials market, as well as various market segments and sub-segments categorized into product types, applications, and end-users. The regional overview in the global market report comprises the market size, value, share, volume, and cost analysis related to each region.
· Material Outlook (Revenue, USD Billion; 2017-2027)
o Lead Dioxide
o Lithium Manganese Oxide
o Lithium Cobalt Oxide
o Lithium Nickel Manganese Cobalt Oxide
o Lithium Iron Phosphate
o Lithium Nickel Cobalt Aluminum Oxide
o Other Cathode Materials
· Battery Type Outlook (Revenue, USD Billion; 2017-2027)
o Lead-acid
o Lithium-ion
o Others
· Application Outlook (Revenue, USD Billion; 2017-2027)
o Energy storage
o Automotive
o Power tools
o Consumer Electronics
o Others
The report begins with basic information about the market, such as definitions, applications, classifications, value chain analysis, among others, to facilitate a better understanding among the readers. The market offers a panoramic view of the industry through a thorough analysis of the key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Detailed Analysis of the Regions of the Cathode Materials Market Include Regions such as:
· North America (U.S., Canada)
· Europe (U.K., Italy, Germany, France, Rest of EU)
· Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Full Coverage of the Report:
l The authors of this report have performed qualitative and quantitative assessments of the global Cathode Materials industry and further conducted market estimation for the forecast years of 2020-2027.
l The report assesses the global Cathode Materials market in detail, focusing on the technological advancements, various industry verticals, distribution channels, diverse product types, and the broad application outlook.
l A wide-ranging analysis of the global Cathode Materials market’s geographical scenario is an integral part of the report.
l In the conclusive section, the report discusses the company profiles of the key market players at length. This section takes a closer look at the financial positions, recent trends and developments, product offerings, and business expansion tactics of the market contenders.
Table Of Content:
Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027 Chapter 3. Key Insights Chapter 4. Cathode Materials Market Segmentation & Impact Analysis 4.1. Cathode Materials Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Growing demand for Electric Vehicles 4.2.2.2. Rising R&D for the development of new technologies 4.2.2.3. Increasing applications of cathode materials in lithium-ion batteries 4.2.2.4. Growing demand for consumer electronics 4.2.3. Market restraints analysis 4.2.3.1. Safety issues with transportation and storage 4.2.3.2. Strict regulations and laws related to cathode materials 4.2.3.3. Present challenging economic conditions due to the pandemic 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis
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