Global Cathode Materials Market - Forecasts from 2019 to 2024
The global cathode materials market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2024, from US$XX.XXX billion in 2018. Cathode materials are comprised of cobalt, nickel, and manganese in the crystal structure forming a multi-metal oxide material to which lithium is added. Burgeoning demand for Li-ion batteries across industries such as automotive and electronics are the key driving factor that is boosting the demand for cathode materials. As environment-friendly policies are being bolstered across the globe, demand for electric vehicle is sharply increasing that requires efficient energy storage systems. Thus, it is providing a big boost to the cathode material’s market growth. The market is expected to grow at a moderate pace owing to its increased industrial applications and rising investments in renewable energy sector that is expected to accelerate the demand for Li-Ion batteries, thus positively impacting the growth of cathode materials market.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the cathode materials value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the global cathode materials market.
Major industry players profiled as part of the report are Umicore, POSCO, Johnson Matthey, KUREHA CORPORATION, Sumitomo Corporation, TODAKOGYO CORP, and MITSUI MINING & SMELTING CO., LTD.
The global cathode materials market has been analyzed through following segments:
By Material Type
Cathode Active Materials
Lithium Nickel Cobalt Manganese Oxide (NCM)
Lithium Nickel Cobalt Aluminum Oxide (NCA)
Lithium Manganese Oxide (LMO)
Middle East and Africa
Key insights offered
What will be the global cathode materials market size from 2018 to 2024?
How are the major drivers and restraints affecting the global cathode materials market growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviour
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.
MITSUI MINING & SMELTING CO., LTD.