Batteries use diverse elements that are harvested from the earth's crust. It is thought-provoking that plants and living beings also share most of these materials. Nonferrous metals and minerals featuring highly in Li-ion batteries are lithium, cobalt, nickel, manganese, graphite, copper, and aluminum. The first four are used primarily as an active cathode material, although lithium is also used in the electrolyte.
MARKET DYNAMICS
The battery raw materials market has witnessed a significant growth due to an expanding middle-income population group with increased preference for mobile devices. Moreover, high investments in research and development for mining, processing, and manufacturing raw materials used in the manufacturing of batteries is expected to have a positive impact on market growth. However, growing awareness about sustainable sourcing of battery materials, recycling, and efficient waste disposal are expected to drive demand.
MARKET SCOPE
The "Global Battery Raw Materials Market Analysis to 2028"? is a specialized and in-depth study of the chemicals and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the battery raw materials market with detailed market segmentation type, application, and geography. The global battery raw materials market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading battery raw materials market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global battery raw materials market is segmented on the basis of li-ion battery material, lead acid battery material, li-ion battery aaplication and lead acid battery application. On the basis of li-ion battery material, the global battery raw materials market is divided into cathode, anode and separator. On the basis of lead acid battery material, the market is divided into electrodes, electrolyte, separator and packaging. On the basis of li-ion battery application, the market is divided into consumer, electronics, automotive and grid storage. On the basis of lead acid battery application, the global battery raw materials market is divided automotive, UPS, telecom and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global battery raw materials market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The battery raw materials market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the battery raw materials market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the battery raw materials market in these regions.
MARKET PLAYERS
The reports cover key developments in the battery raw materials market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The marketpayers from battery raw materials market is anticipated to lucrative growth opportunities in the future with the rising demand for battery raw materials in the global market. Below mentioned is the list of few companies engaged in the battery raw materials market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the battery raw materials market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- 3M
- BASF Catalysts LLC
- Celgard LLC
- Entek International LLC
- ITOCHU Corporation
- Nichia Corporation
- Targray Technology International Inc.
- Ube Industries, Ltd.
- Umicore S.A.
- Valence Technology, Inc.