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Home»Investments»Increased investment in renewable energy and accelerating demand for batteries bode well for the sector
Investments

Increased investment in renewable energy and accelerating demand for batteries bode well for the sector

prosperplanetpulse.comBy prosperplanetpulse.comApril 16, 2024No Comments5 Mins Read0 Views
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Global cathode materials market

Global cathode materials marketGlobal cathode materials market

Global cathode materials market

DUBLIN, April 16, 2024 (GLOBE NEWSWIRE) — “Global Cathode Materials Market by Materials, Battery Types, Applications and Regions: Insights with Potential Impact of COVID-19” and Forecast (2024-2028)” report has been added.to ResearchAndMarkets.com Recruitment.

The global cathode materials market is expected to grow at a CAGR of 6.10% from 2024 to 2028 and register a size of USD 25.75 billion in 2028.

Factors include increased use of batteries in consumer electronics, increased investment in the renewable energy sector, increased use of industrial robots, rapid adoption of electric vehicles, and increased urbanization. .

However, market growth will be challenged by lack of availability of raw materials, challenges in developing cathode materials for lithium-ion batteries, and strict safety regulations for batteries throughout storage and transportation. Some notable trends include rising environmental concerns, accelerating battery demand, and increasing government efforts to ban ICE vehicles.

The global market is segmented on the basis of materials, battery types, and applications. Based on material, the global market is segmented into lead dioxide, lithium ion, and other materials such as oxyhydroxide, sodium iron phosphate, graphite, etc. Based on battery type, the market is segmented into lead-acid batteries; , lithium-ion batteries, etc. Meanwhile, the global cathode materials market is divided into automobiles, household appliances, energy storage systems, power tools, etc. in terms of application.

The fastest growing regional market is Asia Pacific. This is due to increasing industrialization in emerging countries such as China, India and Thailand, increasing demand for household appliances in the region, increasing demand for battery energy systems, and a shift in preferences from fuel energy to battery energy. . Additionally, the COVID-19 pandemic has hampered the growth of the cathode materials market due to supply chain disruptions and reduced demand from end-use industries.

Report scope

  • This report provides a comprehensive analysis of the global cathode materials market segmented on the basis of materials, battery types, applications, regions and provides the potential impact of COVID-19 .

  • Key regional and country markets (Asia Pacific, North America, Europe, and RoW) are analyzed.

  • Market dynamics such as growth drivers, market trends, and challenges are analyzed in detail.

Company profile of leading companies

  • BASF SE

  • Mitsubishi Chemical Holdings Corporation

  • Umicore SA

  • Johnson Matthey PLC

  • Sumitomo Metal Mining Co., Ltd.

  • Posco Chemical Co., Ltd.

Main target audience

  • Cathode materials and battery manufacturers

  • raw material suppliers

  • Traders, distributors, and suppliers of cathode materials

  • End users (automotive industry, consumer electronics, mining)

  • Government agencies and regulators

Key attributes:

report attributes

detail

number of pages

80

Forecast period

2024 – 2028

Estimated market value in 2024 (USD)

$20.32 billion

Projected market value to 2028 (USD)

$25.75 billion

compound annual growth rate

6.1%

Target area

global


Main topics covered:

1. Market overview
1.1 Introduction
1.2 Classification of cathode materials
1.3 Manufacturing process of cathode material
1.4 Types of positive electrode active materials
1.5 Industrial chain of cathode materials
1.6 Most commonly used lithium-ion battery cathode chemicals
1.7 Complexities in the use of cathode materials

2. Impact of the new coronavirus infection
2.1 Decrease in demand from the electronics industry
2.2 Slowdown in the growth rate of the automobile industry
2.3 Decrease in industrial production
2.4 Impact of the new coronavirus infection on the battery materials value chain

3. World market analysis
3.1 Global Cathode Materials Market by Value
3.2 Global cathode materials market forecast by value
3.3 Global cathode materials market by material
3.3.1 Global Lead Dioxide Cathode Materials Market by Value
3.3.2 Global lead dioxide cathode materials market forecast by value
3.3.3 Global Lithium Ion Cathode Materials Market by Value
3.3.4 Global lithium ion cathode materials market forecast by value
3.3.5 Global Lithium Ion Cathode Materials Market by Type
3.3.6 Global lithium ion cathode material type market (by value)
3.3.7 Global lithium ion cathode materials market forecast by value
3.4 Global Cathode Materials Market by Battery Type
3.4.1 Global Cathode Materials Battery Type Market by Value
3.4.2 Global positive electrode material battery type market forecast by value
3.5 Global Cathode Materials Market by Application
3.5.1 Global Cathode Material Application Market by Value
3.5.2 Global cathode material application market forecast by value
3.6 Global Cathode Materials Market by Region
3.7 Global cathode material shipment forecast
3.8 World Cathode Material Shipments by Chemical Type
3.8.1 World NCM cathode material shipment forecast
3.8.2 Global LFP cathode material shipment forecast

4. Regional market analysis
4.1 Asia Pacific region
4.1.1 Asia-Pacific Cathode Materials Market by Value
4.1.2 Asia-Pacific Cathode Materials Market Forecast by Value
4.1.3 China cathode materials market forecast by value
4.2 North America
4.2.1 North American Cathode Materials Market by Value
4.2.2 North American cathode materials market forecast by value
4.2.3 US cathode materials market forecast by value
4.3 Europe
4.3.1 European Cathode Materials Market by Value
4.3.2 European cathode materials market forecast by value
4.4 Rest of the World
4.4.1 Rest of the World Cathode Materials Market by Value
4.4.2 Rest of the World Cathode Materials Market Forecast by Value

5. Market trends
5.1 Drivers of growth
5.1.1 Increase in battery usage in consumer electronics
5.1.2 Expansion of investment in renewable energy field
5.1.3 Increased use of industrial robots
5.1.4 Rapid increase in the adoption of electric vehicles
5.1.5 Growing urbanization
5.2 Key trends and developments
5.2.1 Growing environmental concerns
5.2.2 Acceleration of battery demand
5.2.3 Strengthening government efforts to ban ICE vehicles
5.3 Challenges
5.3.1 Lack of availability of raw materials and safety issues
5.3.2 Problems in the development of positive electrode materials for lithium-ion batteries
5.3.3 Strict safety regulations for batteries during storage and transportation

6. Company profile
6.1 Business overview

For more information on this report, please visit https://www.researchandmarkets.com/r/p350cu.

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source of international market research reports and market data. We provide the latest data on international and regional markets, key industries, top companies, new products and latest trends.

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CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900



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