The Global Battery Materials Market Research Report 2024 offers an extensive study of the Battery Materials industry to assist the reader in gaining a competitive advantage over other competitors through the application of expansion tactics and a deeper understanding of the essential aspects of the market of the Battery Materials industry. The report offers a critical overview of the market segments with regards to market size, market share, regional analysis, and comprehensive competitive analysis of the Battery Materials industry. The report presents key statistical data to offer an accurate idea of the market dynamics and projected growth rate at which the market is expected to grow over the forecast timeline of 2024-2027.
The growing demand for lithium-ion batteries for energy storage and renewable energy is a significant factor in driving the battery materials market growth. Battery energy storage systems are deployed for storage of generated electrical power in power plants, mostly renewable power plants. Batteries are beneficial in observing and regulating the electrical energy with precision by aiding customers to decrease the cost incurred in energy consumption and offer a power pack-up for critical loads. Energy storage systems find widespread usage in commercial and industrial applications.
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Key Highlights From The Report
- By battery type, lead-acid battery, in terms of market size, held the largest market share in 2019. These batteries are used by several end-users owing to the offering of advantages, including better corrosion & gassing resistance, overcharging, and self-discharge protection, as well as cost and energy efficiency.
- 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.
- 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
The report offers detailed information on the competitive landscape of the Battery Materials market along with the regional bifurcation. The report studies the key markets for production and consumption patterns, supply and demand ratio, emerging consumer trends, market spread, import/export, along with the presence of the key players and their business strategies.
Major Regions of the Battery Materials Market Analyzed in the Report Include:
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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The report presents a holistic overview of the market in terms of market size, market share, regional analysis, regulatory framework, technological developments, product advancements, factors influencing the market growth, and impact analysis of the drivers and restraints. It offers an analysis of the factors having the potential to affect the dynamics of the demand and supply, along with current and emerging trends. These assessed key elements offer accurate insights into the market for the forecast period of 2024-2027.
Summary of the Global Battery Materials Report:
- Comprehensive analysis of the market including risks and opportunities
- Details of business strategies and plans undertaken by key market players
- Analysis of current and future trends that will affect the growth of the market in the forecast timeline
- In-depth analysis of drivers and constraints for better understanding of the market
- The report encompasses a detailed forecast for the years 2024-2027.
- The report provides valuable insights on key market growth driving trends and monetary competence in the forecast timeline.
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. 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
4.2.2.1. A high demand for smart devices
4.2.2.2. Growing demand for electric vehicles
4.2.3. Market restraints analysis
4.2.3.1. 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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