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Battery Materials Market Companies, Share, Forecast, Overview and Analysis by 2028

September 3, 2021

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 report provides detailed insights into Battery Materials market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Battery Materials market size over the forecast period, 2020–2028. The report includes profiles of major Battery Materials players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. Also included are details regarding top Battery Materials market players, manufacturers, and vendors and the various strategies being deployed in the market and objectives for these strategies.

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Global Battery Materials market revenue growth is primarily driven by rising focus by major companies on product portfolio expansion, entry into new and untapped domestic and international markets, rising investments my top Battery Materials market players, manufacturers, and vendors in strategic agreements and contracts, and rapidly increasing competition in the Battery Materials market.

In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Battery Materials market share contribution of these countries. In addition, Battery Materials market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.

Top key vendors in Battery Materials Market include are:

Key participants include Asahi Kasei Corporation, Hitachi Chemicals, Umicore, POSCO, Mitsui Mining & Chemical Company, Johnson Matthey, Kureha Corporation, Mitsubishi Chemical Holdings, Toray, and Dow Chemical, among others.

Emergen Research has segmented the global battery materials market on the basis of battery type, material type, application, and region:

Battery Type Outlook (Revenue, USD Billion; 2017-2027)
- Lead-Acid
- Lithium-Ion
- Others
Material Type Outlook (Revenue, USD Billion; 2017-2027)
- Metal & Metal Oxides
- Other Chemical Compounds
Application Outlook (Revenue, USD Billion; 2017-2027)
- Consumer Electronics
- Automotive
- Grid Storage
- Others

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In terms of Battery Materials market share and revenue contribution to the global Battery Materials market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Battery Materials market share.

The market intelligence report on the Battery Materials Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.

Region wise performance of the Battery Materials industry

North America Battery Materials market revenue growth was relatively higher than that of other regional markets in 2020. North America Battery Materials market revenue is expected to continue to remain dominant over the forecast period, supported by robust presence of top market players, manufacturers, and vendors, and favorable government policies and norms in countries in the region.

Asia Pacific Battery Materials market revenue registered fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Battery Materials market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. China is a robust hub for top Battery Materials market players, manufacturers, and vendors, as well as easy access to raw materials and workforce at more economical costs that that of other regional markets.

Europe Battery Materials market revenue is expected to continue to remain steady over the forecast period, attributed to changing trends in various market and robust focus on research and development initiatives by top market players, manufacturers, and vendors to expand global footprint and drive revenues and profits.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us@ https://www.emergenresearch.com/request-for-customization/60

The research provides answers to the following key questions:

What will be the growth rate and the market size of the Battery Materials industry for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the Battery Materials market across different regions?
Who are the major driving forces expected to decide the fate of the Battery Materials industry worldwide?
Who are the prominent market players making a mark in the Battery Materials market with their winning strategies?
Which Battery Materials industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the Battery Materials market?

Table of Content

Chapter 1. Methodology & Sources

1.1. Battery Materials 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. Battery Materials Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2024-2028