The global battery materials market is expected to reach USD 89.75 Billion by 2027, according to a new report by Emergen Research. The battery materials market is experiencing a rapid growth rate attributable to the growing demand for lead-acid and lithium-ion batteries, among others in applications such as consumer electronics, automotive, and grid storage, among others. The demand for lithium-ion batteries has witnessed a spiraling growth, owing to a surge in demand for laptops and smart devices such as smartphones and tablets in recent years. The global increase in the overall shipment units of smartphones is fuelling the sale lithium-ion (Li-ion) battery materials for its rechargeable characteristics.
The market in North America held the second-largest battery materials market share in 2019 and is estimated to grow at a rate of 7.1% in the forecast period. The high demand in the region is due to the growing adoption of electric vehicles, especially in the US. Further the growing storage requirements from renewable energy generation plants is causative of the market growth.
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The report concludes with a panoramic view of the global Battery Materials industry, which comprises the salient global and regional market aspects, supported by key statistical data and industry-verified facts. It thoroughly examines the market size, share, and volume existing throughout the historical years (2017-2019) in order to forecast the same for the projected years (2020-2027). Furthermore, the report studies a wide array of growth prospects and threats and challenges that are poised to influence the performance of the key market players in the near future.
Market Segmentation by Key Player:
Asahi Kasei Corporation, Hitachi Chemicals, Umicore, POSCO, Mitsui Mining & Chemical Company, Johnson Matthey, Kureha Corporation, Mitsubishi Chemical Holdings, Toray, and Dow Chemical, among others.
The Battery Materials market report offers an extensive overview of the global Battery Materials market value chain, current market standing, as well as future estimation of the market value in terms of product type, application landscape, and geography. It further studies the competitive terrain of the Battery Materials industry, listing the key vendors, their product portfolios, company profiles, and potential growth prospects. The report further evaluates the ongoing market trends and a broad segmentation and sub-segmentation of the market on both regional and global scales.
- Battery Type Outlook (Revenue, USD Billion; 2017-2027)
- Material Type Outlook (Revenue, USD Billion; 2017-2027)
- Metal & Metal Oxides
- Other Chemical Compounds
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Consumer Electronics
- Grid Storage
The study offers key insights into the strengths and weaknesses of the prominent players through an extensive SWOT analysis and Porter’s Five Forces analysis. The report also covers the segmentation of the market based on product types, application spectrum, and key regions. The investigative study assesses the global Battery Materials market with regards to market size, market share, and revenue. The global Battery Materials market, on the basis of region, has been broadly categorized into several key regions, including North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. The report sheds light on the presence of the global Battery Materials market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and various other key elements.
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Frequently asked questions addressed in the report:
- What is the predicted growth rate of the global Battery Materials market over the forecast period?
- What are the latest trending factors influencing market growth?
- What are the major factors driving the growth of the Global Battery Materials Market?
- What are the risks and challenges existing in the industry?
- What are the outcomes of the SWOT Analysis and Porter’s Five Forces Analysis conducted in the report?
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
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. Battery Materials Market Segmentation & Impact Analysis
4.1. Battery Materials Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
188.8.131.52. A high demand for smart devices
184.108.40.206. Growing demand for electric vehicles
4.2.3. Market restraints analysis
220.127.116.11. Lack of charging support for electric vehicles across the world
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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