Fact.MR, in its latest study, tracks the growth trajectory of the global lithium-ion battery cathode market. The report suggests that lithium-ion battery cathode sales reached the volume of 235,439 tons in 2018, equivalent to the revenues worth ~US$ 4 Bn. Prominently fueled by the climbing sales of electric vehicles, the demand for Li-ion battery cathode will also be upheld by the emergence of new lithium-ion generation and convergence of cathode & lithium-ion battery across the globe.
Gains in market are likely to be driven by the undercurrents of numerous end-use industries and widening application base. Over the recent past, there has been a significant stride in the research & development activities for battery materials, including cathode, anode, electrolyte and separators. Significant increment in R&D investments have led cathode material for lithium-ion battery towards the increasing production and expanded sales, particularly among the automakers and consumer electronics manufacturers. However, in the backdrop of expeditious depletion of mineral reserves, followed by the emergence of new alternatives, it is highly likely that the lithium-ion sulfur batteries will account for the imbalance between opportunities and sales scale.
Global Lithium-ion Battery Cathode Market: Segmentation
For clearer understanding of the Lithium-ion Battery Cathode Market, analysts have segmented the market. The segmentation has been done on the basis of application, technology, and users. Each segment has been further explained with the help of graphs figures. This breakdown of the market gives the readers an objective view of the global Lithium-ion Battery Cathode Market, which is essential to make sound investments.
A market research study is incomplete without regional analysis, and we are well aware of it. That is why, the report includes a comprehensive and all-inclusive study that solely concentrates on the geographical growth of the global Lithium-ion Battery Cathode Market. The study also includes accurate estimations about market growth at the global, regional, and country levels. It empowers you to understand why some regional markets are flourishing while others are seeing a decline in growth. It also allows you to focus on geographies that hold the potential to create lucrative prospects in the near future.
Following Questions Answers Covered in the Report are:
- How will the global Lithium-ion Battery Cathode Market perform during the forecast period? What will be the market size in terms of value and volume?
- Which segment will drive the global Lithium-ion Battery Cathode Market? Which regional market will show extensive growth in the future? What are the reasons?
- How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
- What are the key strategies adopted by players to sustain themselves in the global Lithium-ion Battery Cathode Market?
- How will these strategies influence the market growth and competition?
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Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)
The Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Lithium-ion Battery Cathode Market – Competitive Landscape
The lithium-ion battery cathode market operates amid a high degree of consolidation with only a handful of players operating in the top tier. The leading players accounting for ~50% of the total lithium-ion battery cathode market shares, include Umicore SA, BASF SE, and Sumitomo Chemicals.
Leading players operating in the lithium-ion battery cathode market continue to exploit strategic merger and acquisition activities to broaden their exposure in overseas territories. While these players continue to strenuously focus on expansion of their production capacities, new investments will remain of paramount importance for them. For instance, in November 2018, BASF SE declared its plans to refocus efforts on the manufacturing of NMC cathode material that comprises 70% manganese, 20% nickel, and less than 5% cobalt.
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