The battery materials market has noted a swift rise due to the introduction of electric vehicles. Lithium-ion batteries have become a choice for most of the applications primarily due to its high energy density compared to nickel-type and lead-acid batteries. The battery materials are segmented on the battery types, the materials and their applications. The advances in the technology of Li-ion batteries is sure to contribute to the global growth and expansion of the battery materials market to a large extend.
MARKET DYNAMICS
The battery materials market is assumed to grow in the forecast owing to the high production of electric vehicles that will raise the demand for Li-ion batteries coupled with the rising demand for Li-ion technology in the renewable energy industry. The increasing demand for smart devices and other consumer electronics is going to be a contributing factor in boosting the battery materials market. However, the inadequate charging infrastructure might restrict the growth of the battery materials market. On the other hand, the use of batteries in energy storage devices and the advances in innovation and technology of Li-ion batteries is likely to showcase growth opportunities for the battery materials market during the forecast period.
MARKET SCOPE
The "Global Battery Materials Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of battery materials market with detailed market segmentation by battery type, materials, application, and geography. The global battery 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 materials market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global battery materials market is segmented on the basis of battery type, materials, and applications. Based on battery type, the market is segmented as Li-ion, lead acid, and other batteris. On the basis of application, the market is segmented as cathode material, anode material, electrolyte material, separator material, and other materials. On the basis of applications, the market is segmented as portable devices, electric vehicles, industrial, automotive, industrial, and others.
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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 materials market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The battery 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 battery materials market from both demand and supply side and further evaluates market dynamics affecting the market during 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 & Central America after evaluating political, economic, social and technological factors affecting the battery materials market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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 materials market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The battery 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 battery materials market from both demand and supply side and further evaluates market dynamics affecting the market during 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 & Central America after evaluating political, economic, social and technological factors affecting the battery materials market in these regions.
MARKET PLAYERS
The reports cover key developments in the battery 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 market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from battery materials market are anticipated to lucrative growth opportunities in the future with the rising demand for battery materials in the global market. Below mentioned is the list of few companies engaged in the battery materials market.
The report also includes the profiles of key battery materials companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Asahi Kasei Corporation
- Hitachi Chemical
- Johnson Matthey
- Kureha Corporation
- Mitsubishi Chemical Holdings
- NEI Corporation
- POSCO
- Sumitomo Metal Mining Co.,Ltd.
- TORAY INDUSTRIES, INC.
- Umicore
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Battery Materials - By Battery Type
1.3.2 Battery Materials - By Materials
1.3.3 Battery Materials - By Application
1.3.4 Battery Materials - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BATTERY MATERIALS LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. BATTERY MATERIALS - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. BATTERY MATERIALS - GLOBAL MARKET ANALYSIS
6.1. BATTERY MATERIALS - GLOBAL MARKET OVERVIEW
6.2. BATTERY MATERIALS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. BATTERY MATERIALS - REVENUE AND FORECASTS TO 2028 - BATTERY TYPE
7.1. OVERVIEW
7.2. BATTERY TYPE MARKET FORECASTS AND ANALYSIS
7.3. LI-ION
7.3.1. Overview
7.3.2. Li-ion Market Forecast and Analysis
7.4. LEAD-ACID
7.4.1. Overview
7.4.2. Lead-acid Market Forecast and Analysis
7.5. OTHER BATTERIES
7.5.1. Overview
7.5.2. Other Batteries Market Forecast and Analysis
8. BATTERY MATERIALS - REVENUE AND FORECASTS TO 2028 - MATERIALS
8.1. OVERVIEW
8.2. MATERIALS MARKET FORECASTS AND ANALYSIS
8.3. CATHODE MATERIAL
8.3.1. Overview
8.3.2. Cathode Material Market Forecast and Analysis
8.4. ANODE MATERIAL
8.4.1. Overview
8.4.2. Anode Material Market Forecast and Analysis
8.5. ELECTROLYTE MATERIAL
8.5.1. Overview
8.5.2. Electrolyte Material Market Forecast and Analysis
8.6. SEPARATOR MATERIAL
8.6.1. Overview
8.6.2. Separator Material Market Forecast and Analysis
8.7. OTHER MATERIALS
8.7.1. Overview
8.7.2. Other Materials Market Forecast and Analysis
9. BATTERY MATERIALS - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. PORTABLE DEVICES
9.3.1. Overview
9.3.2. Portable Devices Market Forecast and Analysis
9.4. ELECTRIC VEHICLES
9.4.1. Overview
9.4.2. Electric Vehicles Market Forecast and Analysis
9.5. INDUSTRIAL
9.5.1. Overview
9.5.2. Industrial Market Forecast and Analysis
9.6. AUTOMOTIVE
9.6.1. Overview
9.6.2. Automotive Market Forecast and Analysis
9.7. INDUSTRIAL
9.7.1. Overview
9.7.2. Industrial Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis
10. BATTERY MATERIALS REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Battery Materials Overview
10.1.2 North America Battery Materials Forecasts and Analysis
10.1.3 North America Battery Materials Forecasts and Analysis - By Battery Type
10.1.4 North America Battery Materials Forecasts and Analysis - By Materials
10.1.5 North America Battery Materials Forecasts and Analysis - By Application
10.1.6 North America Battery Materials Forecasts and Analysis - By Countries
10.1.6.1 Canada Battery Materials
10.1.6.1.1 Canada Battery Materials by Battery Type
10.1.6.1.2 Canada Battery Materials by Materials
10.1.6.1.3 Canada Battery Materials by Application
10.1.6.2 Mexico Battery Materials
10.1.6.2.1 Mexico Battery Materials by Battery Type
10.1.6.2.2 Mexico Battery Materials by Materials
10.1.6.2.3 Mexico Battery Materials by Application
10.1.6.3 US Battery Materials
10.1.6.3.1 US Battery Materials by Battery Type
10.1.6.3.2 US Battery Materials by Materials
10.1.6.3.3 US Battery Materials by Application
10.2. EUROPE
10.2.1 Europe Battery Materials Overview
10.2.2 Europe Battery Materials Forecasts and Analysis
10.2.3 Europe Battery Materials Forecasts and Analysis - By Battery Type
10.2.4 Europe Battery Materials Forecasts and Analysis - By Materials
10.2.5 Europe Battery Materials Forecasts and Analysis - By Application
10.2.6 Europe Battery Materials Forecasts and Analysis - By Countries
10.2.6.1 Germany Battery Materials
10.2.6.1.1 Germany Battery Materials by Battery Type
10.2.6.1.2 Germany Battery Materials by Materials
10.2.6.1.3 Germany Battery Materials by Application
10.2.6.2 France Battery Materials
10.2.6.2.1 France Battery Materials by Battery Type
10.2.6.2.2 France Battery Materials by Materials
10.2.6.2.3 France Battery Materials by Application
10.2.6.3 Italy Battery Materials
10.2.6.3.1 Italy Battery Materials by Battery Type
10.2.6.3.2 Italy Battery Materials by Materials
10.2.6.3.3 Italy Battery Materials by Application
10.2.6.4 United Kingdom Battery Materials
10.2.6.4.1 United Kingdom Battery Materials by Battery Type
10.2.6.4.2 United Kingdom Battery Materials by Materials
10.2.6.4.3 United Kingdom Battery Materials by Application
10.2.6.5 Russia Battery Materials
10.2.6.5.1 Russia Battery Materials by Battery Type
10.2.6.5.2 Russia Battery Materials by Materials
10.2.6.5.3 Russia Battery Materials by Application
10.2.6.6 Rest of Europe Battery Materials
10.2.6.6.1 Rest of Europe Battery Materials by Battery Type
10.2.6.6.2 Rest of Europe Battery Materials by Materials
10.2.6.6.3 Rest of Europe Battery Materials by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Battery Materials Overview
10.3.2 Asia-Pacific Battery Materials Forecasts and Analysis
10.3.3 Asia-Pacific Battery Materials Forecasts and Analysis - By Battery Type
10.3.4 Asia-Pacific Battery Materials Forecasts and Analysis - By Materials
10.3.5 Asia-Pacific Battery Materials Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Battery Materials Forecasts and Analysis - By Countries
10.3.6.1 Australia Battery Materials
10.3.6.1.1 Australia Battery Materials by Battery Type
10.3.6.1.2 Australia Battery Materials by Materials
10.3.6.1.3 Australia Battery Materials by Application
10.3.6.2 China Battery Materials
10.3.6.2.1 China Battery Materials by Battery Type
10.3.6.2.2 China Battery Materials by Materials
10.3.6.2.3 China Battery Materials by Application
10.3.6.3 India Battery Materials
10.3.6.3.1 India Battery Materials by Battery Type
10.3.6.3.2 India Battery Materials by Materials
10.3.6.3.3 India Battery Materials by Application
10.3.6.4 Japan Battery Materials
10.3.6.4.1 Japan Battery Materials by Battery Type
10.3.6.4.2 Japan Battery Materials by Materials
10.3.6.4.3 Japan Battery Materials by Application
10.3.6.5 South Korea Battery Materials
10.3.6.5.1 South Korea Battery Materials by Battery Type
10.3.6.5.2 South Korea Battery Materials by Materials
10.3.6.5.3 South Korea Battery Materials by Application
10.3.6.6 Rest of Asia-Pacific Battery Materials
10.3.6.6.1 Rest of Asia-Pacific Battery Materials by Battery Type
10.3.6.6.2 Rest of Asia-Pacific Battery Materials by Materials
10.3.6.6.3 Rest of Asia-Pacific Battery Materials by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Battery Materials Overview
10.4.2 Middle East and Africa Battery Materials Forecasts and Analysis
10.4.3 Middle East and Africa Battery Materials Forecasts and Analysis - By Battery Type
10.4.4 Middle East and Africa Battery Materials Forecasts and Analysis - By Materials
10.4.5 Middle East and Africa Battery Materials Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Battery Materials Forecasts and Analysis - By Countries
10.4.6.1 South Africa Battery Materials
10.4.6.1.1 South Africa Battery Materials by Battery Type
10.4.6.1.2 South Africa Battery Materials by Materials
10.4.6.1.3 South Africa Battery Materials by Application
10.4.6.2 Saudi Arabia Battery Materials
10.4.6.2.1 Saudi Arabia Battery Materials by Battery Type
10.4.6.2.2 Saudi Arabia Battery Materials by Materials
10.4.6.2.3 Saudi Arabia Battery Materials by Application
10.4.6.3 U.A.E Battery Materials
10.4.6.3.1 U.A.E Battery Materials by Battery Type
10.4.6.3.2 U.A.E Battery Materials by Materials
10.4.6.3.3 U.A.E Battery Materials by Application
10.4.6.4 Rest of Middle East and Africa Battery Materials
10.4.6.4.1 Rest of Middle East and Africa Battery Materials by Battery Type
10.4.6.4.2 Rest of Middle East and Africa Battery Materials by Materials
10.4.6.4.3 Rest of Middle East and Africa Battery Materials by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Battery Materials Overview
10.5.2 South and Central America Battery Materials Forecasts and Analysis
10.5.3 South and Central America Battery Materials Forecasts and Analysis - By Battery Type
10.5.4 South and Central America Battery Materials Forecasts and Analysis - By Materials
10.5.5 South and Central America Battery Materials Forecasts and Analysis - By Application
10.5.6 South and Central America Battery Materials Forecasts and Analysis - By Countries
10.5.6.1 Brazil Battery Materials
10.5.6.1.1 Brazil Battery Materials by Battery Type
10.5.6.1.2 Brazil Battery Materials by Materials
10.5.6.1.3 Brazil Battery Materials by Application
10.5.6.2 Argentina Battery Materials
10.5.6.2.1 Argentina Battery Materials by Battery Type
10.5.6.2.2 Argentina Battery Materials by Materials
10.5.6.2.3 Argentina Battery Materials by Application
10.5.6.3 Rest of South and Central America Battery Materials
10.5.6.3.1 Rest of South and Central America Battery Materials by Battery Type
10.5.6.3.2 Rest of South and Central America Battery Materials by Materials
10.5.6.3.3 Rest of South and Central America Battery Materials by Application
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. BATTERY MATERIALS, KEY COMPANY PROFILES
12.1. ASAHI KASEI CORPORATION
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. HITACHI CHEMICAL
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. JOHNSON MATTHEY
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. KUREHA CORPORATION
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. MITSUBISHI CHEMICAL HOLDINGS
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. NEI CORPORATION
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. POSCO
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. SUMITOMO METAL MINING CO.,LTD.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. TORAY INDUSTRIES, INC.
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. UMICORE
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1.Asahi Kasei Corporation2.Hitachi Chemical3.Johnson Matthey4.Kureha Corporation5.Mitsubishi Chemical Holdings6.NEI Corporation7.POSCO8.Sumitomo Metal Mining Co.,Ltd.9.TORAY INDUSTRIES, INC.10.Umicore
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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