Cathode Materials Market

Cathode Materials Market by Battery Type (Lead-Acid, Lithium-ion), Material (Lithium-Ion (LFP, LCO, NMC, NCA, LMO), Lead-Acid (Lead Dioxide)), End-Use, and Region (Asia Pacific, North America, Europe, and Row) - Global Forecast to 2027

Report Code: CH 6320 Jan, 2023, by marketsandmarkets.com

The global cathode materials market is projected to grow from USD 25.9 billion in 2022 to USD 52.6 billion by 2027, at a CAGR of 15.2% during the forecast period. Increased usage of batteries in key industries such as electric vehicles and consumer electronics, along with the growing usage in energy storage devices, is expected to drive the market during the forecast period.

Global Cathode Materials Market Trends

Cathode Materials Market

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Cathode materials Market Dynamics

Driver:Increasing Demand for HEVs, PHEVs, and EVs

There has been tremendous growth in the demand for EVs in recent years. According to EV-Sales Volumes data, global volume sales of battery EVs and plug-in hybrid electric vehicles (PHEVs) increased extensively in 2021. This rise in demand can be attributed to several reasons, such as monetary and non-monetary incentives to EV manufacturers by governments and increasing awareness about the rising greenhouse gas emissions. Thus, growth in demand for HEVs, PHEVs, and EVs is expected to boost the demand for cathode materials.

Restraints: Safety issues related to storage and transportation of batterie

Batteries contain hazardous chemicals, including acids and heavy metals, such as mercury and lead. Occupational diseases have increased in several parts of the world among battery workers. The rising demand for batteries, availability of cheap labor, and increasing corporate interests have increased the production of batteries while disregarding the local population's safety. Thus, these safety issues related to batteries are propelling governments to take strict action against manufacturers of these batteries, which will hamper the growth of the cathode materials market.

Opportunity: Use of batteries in energy storage devices

An energy storage device is defined as an apparatus used for storing electric energy. Lead-acid and Li-ion batteries have proven to be suitable for large-capacity energy storage systems. These batteries are designed for superior performance with high power output in various applications. For instance, data centers use UPS, which provides power to a load in emergencies when the main power fails. Thus, the growing usage of batteries in the energy storage system is expected to expand the market for cathode materials.

Challenge: Lack of government subsidies and incentives for lithium-ion battery manufacturers in emerging markets

There is a growing demand for lithium-ion batteries in most countries, such as Germany, China, and the US. These batteries are used in applications such as electric vehicles and renewable energy storage. In order to encourage the renewable form of energy, governments of various countries are focusing on subsidies and incentives to support the production of lithium-ion batteries. But in regions such as Africa, there is not much contribution from the government to enhance the production of lithium-ion batteries. This is hindering the growth of these batteries, which is creating a negative impact on the growth of the cathode materials market

Based on material, lead dioxide cathode materials segment is the largest market during the forecast period

The lead dioxide cathode materials segment accounted for the largest segment in 2021 in terms of value and volume. Lead-acid batteries are used extensively in energy storage, automotive, and telecommunication industries. In the current scenario, the cost or expenditure, be it any business, is a critical component defining the business's success. Although lithium-ion batteries are well poised to become the next big thing in the battery space, the difference in the pricing, leading to a significant overall cost difference, forms a crucial factor for its preference over lithium-ion batteries. Thus, growth in lead acid batteries is expected to enhance the market for the lead dioxide materials segment.

Based on battery type, lithium-ion segment is expected to grow at the fastest rate during the forecast period

The lithium-ion segment accounted for the fastest growing segment, by battery type during the forecast period, in terms of value. The growth of lithium-ion batteries is driven by factors such as the rising demand for LFP and NMC lithium-ion batteries (chemistry type) in plug-in vehicles and the growing adoption of lithium-ion batteries in renewable energy storage. Thus, the growth of lithium-ion batteries will fuel the demand for the li-ion segment during the forecast period.

Based on end-use, automotive segment is the largest market during the forecast period

The automotive sector accounted for the largest market, by end-use during the forecast period, in terms of value. Due to the growing environmental concerns related to the pollution created by internal combustion engines, there is a huge growth in demand for electric vehicles. Electric vehicles use batteries as a source of power, thus, growth in demand for electric vehicles will enhance the market for cathode materials.

Asia Pacific is the largest cathode materials market in terms of value

Asia Pacific accounted for the largest share in terms of value, in 2021. The major economies of the Asia Pacific region contributing significantly to the growth of the cathode materials market are China, Japan, India, Malaysia, Taiwan, and South Korea. The region has emerged as an important consumer of electric vehicles and consumer electronics, aided by a rise in the standard of living of the people and disposable income. This further increases the growth of the cathode materials market in the Asia Pacific.

Cathode Materials Market by Region

Source: Secondary Research, Expert Interviews, and MarketsandMarkets Analysis

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Key Market Players

Major companies in the cathode materials market include Umicore (Belgium), Sumitomo Metal Mining Co., Ltd. (Japan), POSCO (South Korea), Zhejiang Huayou Cobalt (China), and Shenzhen Dynanonic Co., Ltd.  (China), among others. A total of 20 major players have been covered. These players have adopted joint ventures, expansions, agreements, partnerships, and contracts as the major strategies to consolidate their position in the market.

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Scope of the Report

Report Metric

Details

Market Size Available for Years

2017–2027

Base Year Considered

2021

Forecast Period

2022–2027

Forecast Units

Value (USD Million/Billion) and Volume (Kiloton)

Segments Covered

Material, Battery Type, End-use, and Region

Geographies Covered

Asia Pacific, Europe, North America, and Rest of World (RoW)

Companies Covered

The major market players include Umicore (Belgium), Sumitomo Metal Mining Co., Ltd. (Japan), POSCO (South Korea), Zhejiang Huayou Cobalt (China), and Shenzhen Dynanonic Co., Ltd.  (China), among others.
(Total of 20 companies)

This research report categorizes the Cathode materials market based on material, battery type, end-use, and region.

Based on material, the cathode materials market has been segmented as follows:
  • LI-ION CATHODE MATERIALS
    • LITHIUM IRON PHOSPHATE (LFP)
    • LITHIUM COBALT OXIDE (LCO)
    • LITHIUM NICKEL MANGANESE COBALT (NMC)
    • LITHIUM NICKEL COBALT ALUMINUM (NCA)
    • LITHIUM MANGANESE OXIDE (LMO)
  • LEAD DIOXIDE CATHODE MATERIALS
  • OTHER CATHODE MATERIALS
Based on battery type, the cathode materials market has been segmented as follows:
Based on end-use, the cathode materials market has been segmented as follows:
  • Automotive
  • Consumer electronics
  • Industrial
  • Others
Based on Region, the cathode materials market has been segmented as follows:
  • Asia Pacific
  • Europe
  • North America
  • Rest of World (RoW)

Recent Developments

  • In April 2022, POSCO Chemical announced that it had begun constructing a new manufacturing plant capable of producing 30,000 tons of high-purity nickel cathodes. This will help the company to expand its customer base for the cathode materials market.
  • In May 2022, Umicore inaugurated its new global R&D center for cathode materials in Cheonan, Korea. It focuses on next-generation battery materials, including very high-nickel NMC, low cobalt NMC, manganese-rich chemistries as well as solid-state battery materials technology.
  • In August 2021, Ningbo Shanshan Co., Ltd. formed a joint venture with BASF SE. The newly formed company, BASF Shanshan Battery Materials Co., Ltd., markets precursor cathode active materials, and cathode active materials.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 35)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS AND EXCLUSIONS
                    TABLE 1 CATHODE MATERIALS MARKET: INCLUSIONS AND EXCLUSIONS
    1.3 MARKET SCOPE 
          FIGURE 1 CATHODE MATERIALS MARKET SEGMENTATION
           1.3.1 REGIONAL SCOPE
           1.3.2 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
    1.5 UNITS CONSIDERED 
    1.6 LIMITATIONS 
    1.7 STAKEHOLDERS 
    1.8 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 40)
    2.1 RESEARCH DATA 
          FIGURE 2 CATHODE MATERIALS MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Participating companies for primary research
                    2.1.2.3 Breakdown of primary interviews
           2.1.3 MATRIX CONSIDERED FOR DEMAND-SIDE ANALYSIS
                    FIGURE 3 MAIN MATRIX CONSIDERED WHILE CONSTRUCTING AND ASSESSING DEMAND FOR CATHODE MATERIALS
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 BOTTOM-UP APPROACH
                    FIGURE 4 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    FIGURE 5 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
    2.3 METHODOLOGY FOR SUPPLY-SIDE SIZING OF CATHODE MATERIALS MARKET (1/2) 
    2.4 METHODOLOGY FOR SUPPLY-SIDE SIZING OF CATHODE MATERIALS MARKET (2/2) 
           2.4.1 CALCULATIONS FOR SUPPLY-SIDE ANALYSIS
           2.4.2 FORECAST
           2.4.3 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST
    2.5 DATA TRIANGULATION 
          FIGURE 6 CATHODE MATERIALS MARKET: DATA TRIANGULATION
    2.6 RESEARCH ASSUMPTIONS 
    2.7 RESEARCH LIMITATIONS 
    2.8 IMPACT OF RECESSION 
    2.9 RISK ANALYSIS 
 
3 EXECUTIVE SUMMARY (Page No. - 49)
    TABLE 2 CATHODE MATERIALS MARKET, 2022 VS. 2027
    FIGURE 7 LITHIUM-ION BATTERY SEGMENT TO DOMINATE MARKET BETWEEN 2022 AND 2027
    FIGURE 8 NMC CATHODE MATERIALS SEGMENT TO WITNESS HIGHEST CAGR BETWEEN 2022 AND 2027
    FIGURE 9 AUTOMOTIVE SEGMENT TO LEAD MARKET BETWEEN 2022 AND 2027
    FIGURE 10 ASIA PACIFIC DOMINATED MARKET IN 2021
 
4 PREMIUM INSIGHTS (Page No. - 53)
    4.1 SIGNIFICANT OPPORTUNITIES IN CATHODE MATERIALS MARKET 
          FIGURE 11 CATHODE MATERIALS MARKET TO WITNESS MODERATE GROWTH BETWEEN 2022 AND 2027
    4.2 CATHODE MATERIALS MARKET, BY REGION 
          FIGURE 12 ASIA PACIFIC TO REGISTER HIGHEST CAGR BETWEEN 2022 AND 2027
    4.3 ASIA PACIFIC CATHODE MATERIALS MARKET, BY BATTERY TYPE AND MATERIAL TYPE, 2021 
          FIGURE 13 LEAD-ACID BATTERY SEGMENT DOMINATED CATHODE MATERIALS MARKET IN ASIA PACIFIC
    4.4 CATHODE MATERIALS MARKET, BY BATTERY TYPE 
          FIGURE 14 LEAD-ACID BATTERY SEGMENT TO LEAD MARKET BETWEEN 2022 AND 2027
    4.5 CATHODE MATERIALS MARKET, BY MATERIAL 
          FIGURE 15 LEAD DIOXIDE CATHODE MATERIALS SEGMENT TO LEAD MARKET BETWEEN 2022 AND 2027
 
5 MARKET OVERVIEW (Page No. - 56)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
          FIGURE 16 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN CATHODE MATERIALS MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Increasing demand for HEVs, PHEVs, and EVs
                                TABLE 3 OEM ANNOUNCEMENTS RELATED TO ELECTRIC LIGHT-DUTY VEHICLES (PHEVS AND BEVS), BY 2025
                                FIGURE 17 GLOBAL SALES OF BATTERY ELECTRIC VEHICLES AND PLUG-IN HYBRID ELECTRIC VEHICLES, 2018–2021
                    5.2.1.2 High demand for lithium-ion technology in renewable energy industry
                    5.2.1.3 Growing demand for consumer electronics
           5.2.2 RESTRAINTS
                    5.2.2.1 Safety issues related to storage and transportation of batteries
                    5.2.2.2 Lack of efficient recycling technologies for battery materials
                                FIGURE 18 PERCENTAGE OF PORTABLE BATTERIES COLLECTED FOR RECYCLING IN 2019
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Use of batteries in energy storage devices
                    5.2.3.2 Strategic developments and technological advancements in lithium-ion battery cathode materials
           5.2.4 CHALLENGES
                    5.2.4.1 Lack of government subsidies and incentives for lithium-ion battery manufacturers in emerging economies
    5.3 VALUE CHAIN ANALYSIS 
          FIGURE 19 VALUE CHAIN ANALYSIS OF CATHODE MATERIALS MARKET: HIGHEST VALUE ADDED DURING MANUFACTURING PHASE
          FIGURE 20 SUPPLY CHAIN ANALYSIS OF CATHODE MATERIALS MARKET
    5.4 ECOSYSTEM MAP 
          FIGURE 21 ECOSYSTEM MAP OF CATHODE MATERIALS MARKET
          TABLE 4 ECOSYSTEM OF CATHODE MATERIALS MARKET
    5.5 PRICING ANALYSIS 
          FIGURE 22 PRICING ANALYSIS OF CATHODE MATERIALS MARKET, BY REGION (2021)
           5.5.1 AVERAGE SELLING PRICE OF LITHIUM-ION BATTERIES
                    FIGURE 23 AVERAGE SELLING PRICE, BY END-USE
           5.5.2 AVERAGE SELLING PRICE OF LEAD-ACID BATTERIES
                    FIGURE 24 AVERAGE SELLING PRICE, BY REGION
    5.6 PORTER’S FIVE FORCES ANALYSIS 
          FIGURE 25 PORTER’S FIVE FORCES ANALYSIS: CATHODE MATERIALS MARKET
          TABLE 5 IMPACT OF PORTER'S FIVE FORCES ON CATHODE MATERIALS MARKET
           5.6.1 BARGAINING POWER OF SUPPLIERS
           5.6.2 THREAT OF NEW ENTRANTS
           5.6.3 THREAT OF SUBSTITUTES
           5.6.4 BARGAINING POWER OF BUYERS
           5.6.5 INTENSITY OF COMPETITIVE RIVALRY
    5.7 REGULATORY LANDSCAPE 
           TABLE 6 REGULATIONS AND STANDARDS FOR BATTERIES
           5.7.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 7 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 8 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 9 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 10 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.8 PATENT ANALYSIS 
          FIGURE 26 NUMBER OF GRANTED PATENTS, PATENT APPLICATIONS, AND LIMITED PATENTS
          FIGURE 27 PUBLICATION TRENDS – LAST 10 YEARS
           5.8.1 INSIGHTS
                    FIGURE 28 LEGAL STATUS OF PATENTS
                    FIGURE 29 TOP JURISDICTION, BY DOCUMENT
                    FIGURE 30 TOP 10 PATENT APPLICANTS
                    TABLE 11 LIST OF PATENTS BY SAMSUNG SDI CO., LTD.
                    TABLE 12 LIST OF PATENTS BY UMICORE
                    TABLE 13 TOP 10 PATENT OWNERS IN LAST TEN YEARS
    5.9 CASE STUDIES 
           5.9.1 IMPLEMENTATION OF MICROSTRUCTURE ENGINEERING TECHNIQUE TO RECOVER 98% OF CRITICAL ELEMENTS FROM SPENT LITHIUM-ION BATTERIES
                    5.9.1.1 Problem statement
                    5.9.1.2 Solutions offered
                    5.9.1.3 Outcome
    5.10 TECHNOLOGY ANALYSIS 
    5.11 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
                     FIGURE 31 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USE INDUSTRIES
                     TABLE 14 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USE INDUSTRIES (%)
           5.11.2 BUYING CRITERIA
                     FIGURE 32 KEY BUYING CRITERIA FOR TOP 3 END-USE INDUSTRIES
                     TABLE 15 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES
    5.12 KEY CONFERENCES AND EVENTS, 2022–2023 
           TABLE 16 CATHODE MATERIALS MARKET: KEY CONFERENCES AND EVENTS (2022–2023)
    5.13 TRADE DATA 
           TABLE 17 EXPORT DATA FOR LITHIUM-ION BATTERIES AND LEAD-ACID BATTERIES IN 2021
           TABLE 18 IMPORT DATA FOR LITHIUM-ION BATTERIES AND LEAD-ACID BATTERIES IN 2021
 
6 CATHODE MATERIALS MARKET, BY MATERIAL (Page No. - 83)
    6.1 INTRODUCTION 
          FIGURE 33 NMC CATHODE MATERIALS SEGMENT TO DOMINATE OVERALL MARKET BY 2027
          TABLE 19 LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (KILOTON)
          TABLE 20 LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)
          TABLE 21 LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)
          TABLE 22 LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
    6.2 LITHIUM-ION CATHODE MATERIALS 
           6.2.1 TECHNOLOGICAL DEVELOPMENTS IN LITHIUM-ION BATTERIES TO FUEL DEMAND FOR LITHIUM-ION CATHODE MATERIALS
                    TABLE 23 CATHODE MATERIALS MARKET SIZE FOR LITHIUM-ION BATTERY, BY MATERIAL, 2017–2021 (KILOTON)
                    TABLE 24 CATHODE MATERIALS MARKET SIZE FOR LITHIUM-ION BATTERY, BY MATERIAL, 2022–2027 (KILOTON)
                    TABLE 25 CATHODE MATERIALS MARKET SIZE FOR LITHIUM-ION BATTERY, BY MATERIAL, 2017–2021 (USD MILLION)
                    TABLE 26 CATHODE MATERIALS MARKET SIZE FOR LITHIUM-ION BATTERY, BY MATERIAL, 2022–2027 (USD MILLION)
                    6.2.1.1 Lithium iron phosphate (LFP)
                                TABLE 27 LFP CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (KILOTON)
                                TABLE 28 LFP CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)
                                TABLE 29 LFP CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)
                                TABLE 30 LFP CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
                    6.2.1.2 Lithium cobalt oxide (LCO)
                                TABLE 31 LCO CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (KILOTON)
                                TABLE 32 LCO CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)
                                TABLE 33 LCO CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)
                                TABLE 34 LCO CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
                    6.2.1.3 Lithium nickel manganese cobalt (NMC)
                                TABLE 35 NMC CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (KILOTON)
                                TABLE 36 NMC CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)
                                TABLE 37 NMC CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)
                                TABLE 38 NMC CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
                    6.2.1.4 Lithium nickel cobalt aluminum (NCA)
                                TABLE 39 NCA CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (KILOTON)
                                TABLE 40 NCA CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)
                                TABLE 41 NCA CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)
                                TABLE 42 NCA CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
                    6.2.1.5 Lithium manganese oxide (LMO)
                                TABLE 43 LMO CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (KILOTON)
                                TABLE 44 LMO CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)
                                TABLE 45 LMO CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)
                                TABLE 46 LMO CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
    6.3 LEAD DIOXIDE CATHODE MATERIALS 
           6.3.1 NON-CORROSIVE PROPERTY OF LEAD DIOXIDE SUITABLE AS LEAD DIOXIDE CATHODE MATERIAL
                    TABLE 47 LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (KILOTON)
                    TABLE 48 LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)
                    TABLE 49 LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 50 LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
    6.4 OTHER CATHODE MATERIALS 
          TABLE 51 OTHER CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (KILOTON)
          TABLE 52 OTHER CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)
          TABLE 53 OTHER CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)
          TABLE 54 OTHER CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
 
7 CATHODE MATERIALS MARKET, BY BATTERY TYPE (Page No. - 96)
    7.1 INTRODUCTION 
          FIGURE 34 LITHIUM-ION SEGMENT TO DOMINATE CATHODE MATERIALS MARKET BETWEEN 2022 AND 2027
          TABLE 55 CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
          TABLE 56 CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
          TABLE 57 CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
          TABLE 58 CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
    7.2 LITHIUM-ION 
           7.2.1 DEMAND FOR LITHIUM-ION BATTERIES INCREASING IN EV INDUSTRY
                    TABLE 59 CATHODE MATERIALS MARKET SIZE FOR LITHIUM-ION BATTERY, BY REGION, 2017–2021 (KILOTON)
                    TABLE 60 CATHODE MATERIALS MARKET SIZE FOR LITHIUM-ION BATTERY, BY REGION, 2022–2027 (KILOTON)
                    TABLE 61 CATHODE MATERIALS MARKET SIZE FOR LITHIUM-ION BATTERY, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 62 CATHODE MATERIALS MARKET SIZE FOR LITHIUM-ION BATTERY, BY REGION, 2022–2027 (USD MILLION)
    7.3 LEAD-ACID 
           7.3.1 ASIA PACIFIC DOMINATES MARKET FOR CATHODE MATERIALS IN LEAD-ACID BATTERY SEGMENT
                    TABLE 63 CATHODE MATERIALS MARKET SIZE FOR LEAD-ACID BATTERY, BY REGION, 2017–2021 (KILOTON)
                    TABLE 64 CATHODE MATERIALS MARKET SIZE FOR LEAD-ACID BATTERY, BY REGION, 2022–2027 (KILOTON)
                    TABLE 65 CATHODE MATERIALS MARKET SIZE FOR LEAD-ACID BATTERY, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 66 CATHODE MATERIALS MARKET SIZE FOR LEAD-ACID BATTERY, BY REGION, 2022–2027 (USD MILLION)
    7.4 OTHERS 
          TABLE 67 CATHODE MATERIALS MARKET SIZE FOR OTHER BATTERY TYPES, BY REGION, 2017–2021 (KILOTON)
          TABLE 68 CATHODE MATERIALS MARKET SIZE FOR OTHER BATTERY TYPES, BY REGION, 2022–2027 (KILOTON)
          TABLE 69 CATHODE MATERIALS MARKET SIZE FOR OTHER BATTERY TYPES, BY REGION, 2017–2021 (USD MILLION)
          TABLE 70 CATHODE MATERIALS MARKET SIZE FOR OTHER BATTERY TYPES, BY REGION, 2022–2027 (USD MILLION)
 
8 CATHODE MATERIALS MARKET, BY END-USE (Page No. - 104)
    8.1 INTRODUCTION 
          FIGURE 35 AUTOMOTIVE SEGMENT TO DOMINATE CATHODE MATERIALS MARKET BETWEEN 2022 AND 2027
          TABLE 71 CATHODE MATERIALS MARKET SIZE, BY END-USE, 2017–2021 (USD MILLION)
          TABLE 72 CATHODE MATERIALS MARKET SIZE, BY END-USE, 2022–2027 (USD MILLION)
    8.2 AUTOMOTIVE 
           8.2.1 AUTOMOTIVE SEGMENT TO DOMINATE CATHODE MATERIALS MARKET
    8.3 CONSUMER ELECTRONICS 
           8.3.1 DEMAND FOR LITHIUM-ION CATHODE MATERIALS INCREASING IN CONSUMER ELECTRONICS SEGMENT
    8.4 INDUSTRIAL 
           8.4.1 CONSTRUCTION AND MINING EQUIPMENT TO CREATE DEMAND FOR BATTERY CATHODE MATERIALS
    8.5 OTHERS 
 
9 CATHODE MATERIALS MARKET, BY REGION (Page No. - 108)
    9.1 INTRODUCTION 
          FIGURE 36 ASIA PACIFIC TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
          TABLE 73 CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (KILOTON)
          TABLE 74 CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)
          TABLE 75 CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)
          TABLE 76 CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
    9.2 ASIA PACIFIC 
           9.2.1 IMPACT OF RECESSION
                    FIGURE 37 ASIA PACIFIC: CATHODE MATERIALS MARKET SNAPSHOT
                    TABLE 77 ASIA PACIFIC: CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (KILOTON)
                    TABLE 78 ASIA PACIFIC: CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (KILOTON)
                    TABLE 79 ASIA PACIFIC: CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
                    TABLE 80 ASIA PACIFIC: CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
                    TABLE 81 ASIA PACIFIC: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (KILOTON)
                    TABLE 82 ASIA PACIFIC: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (KILOTON)
                    TABLE 83 ASIA PACIFIC: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
                    TABLE 84 ASIA PACIFIC: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
                    TABLE 85 ASIA PACIFIC: LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (KILOTON)
                    TABLE 86 ASIA PACIFIC: LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (KILOTON)
                    TABLE 87 ASIA PACIFIC: LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
                    TABLE 88 ASIA PACIFIC: LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
                    TABLE 89 ASIA PACIFIC: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, 2017–2021 (KILOTON)
                    TABLE 90 ASIA PACIFIC: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, 2022–2027 (KILOTON)
                    TABLE 91 ASIA PACIFIC: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, 2017–2021 (USD MILLION)
                    TABLE 92 ASIA PACIFIC: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, 2022–2027 (USD MILLION)
                    TABLE 93 ASIA PACIFIC: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                    TABLE 94 ASIA PACIFIC: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                    TABLE 95 ASIA PACIFIC: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                    TABLE 96 ASIA PACIFIC: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
           9.2.2 CHINA
                    9.2.2.1 Growth in battery manufacturing to create demand for cathode materials
                                TABLE 97 CHINA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                                TABLE 98 CHINA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                                TABLE 99 CHINA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                                TABLE 100 CHINA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
           9.2.3 SOUTH KOREA
                    9.2.3.1 Growth of automotive sector to increase demand for cathode material
                                TABLE 101 SOUTH KOREA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                                TABLE 102 SOUTH KOREA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                                TABLE 103 SOUTH KOREA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                                TABLE 104 SOUTH KOREA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
           9.2.4 JAPAN
                    9.2.4.1 Presence of battery manufacturing giants to fuel market for cathode materials
                                TABLE 105 JAPAN: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                                TABLE 106 JAPAN: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                                TABLE 107 JAPAN: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                                TABLE 108 JAPAN: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
           9.2.5 INDIA
                    9.2.5.1 Increasing cleaner energy initiatives to drive market in India
                                TABLE 109 INDIA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                                TABLE 110 INDIA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                                TABLE 111 INDIA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                                TABLE 112 INDIA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
           9.2.6 TAIWAN
                    9.2.6.1 Consumer electronics sector to drive market in Taiwan
                                TABLE 113 TAIWAN: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                                TABLE 114 TAIWAN: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                                TABLE 115 TAIWAN: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                                TABLE 116 TAIWAN: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
           9.2.7 MALAYSIA
                    9.2.7.1 Requirement for energy storage to increase demand for cathode materials
                                TABLE 117 MALAYSIA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                                TABLE 118 MALAYSIA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                                TABLE 119 MALAYSIA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                                TABLE 120 MALAYSIA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
           9.2.8 REST OF ASIA PACIFIC
                    TABLE 121 REST OF ASIA PACIFIC: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                    TABLE 122 REST OF ASIA PACIFIC: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                    TABLE 123 REST OF ASIA PACIFIC: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                    TABLE 124 REST OF ASIA PACIFIC: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
    9.3 NORTH AMERICA 
           9.3.1 IMPACT OF RECESSION
                    FIGURE 38 NORTH AMERICA: CATHODE MATERIALS MARKET SNAPSHOT
           9.3.2 NORTH AMERICA CATHODE MATERIALS MARKET, BY COUNTRY
                    TABLE 125 NORTH AMERICA: CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (KILOTON)
                    TABLE 126 NORTH AMERICA: CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (KILOTON)
                    TABLE 127 NORTH AMERICA: CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
                    TABLE 128 NORTH AMERICA: CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
           9.3.3 NORTH AMERICA LITHIUM-ION CATHODE MATERIALS MARKET, BY COUNTRY
                    TABLE 129 NORTH AMERICA: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (KILOTON)
                    TABLE 130 NORTH AMERICA: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (KILOTON)
                    TABLE 131 NORTH AMERICA: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
                    TABLE 132 NORTH AMERICA: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
           9.3.4 NORTH AMERICA LEAD DIOXIDE CATHODE MATERIALS MARKET, BY COUNTRY
                    TABLE 133 NORTH AMERICA: LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (KILOTON)
                    TABLE 134 NORTH AMERICA: LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (KILOTON)
                    TABLE 135 NORTH AMERICA: LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
                    TABLE 136 NORTH AMERICA: LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
                    9.3.4.1 North America cathode materials market
                                TABLE 137 NORTH AMERICA: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY MATERIAL, 2017–2021 (KILOTON)
                                TABLE 138 NORTH AMERICA: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY MATERIAL, 2022–2027 (KILOTON)
                                TABLE 139 NORTH AMERICA: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY MATERIAL, 2017–2021 (USD MILLION)
                                TABLE 140 NORTH AMERICA: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY MATERIAL, 2022–2027 (USD MILLION)
           9.3.5 NORTH AMERICA CATHODE MATERIALS MARKET, BY BATTERY TYPE
                    TABLE 141 NORTH AMERICA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                    TABLE 142 NORTH AMERICA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                    TABLE 143 NORTH AMERICA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                    TABLE 144 NORTH AMERICA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
           9.3.6 US
                    9.3.6.1 Rising adoption of EVs and portable electronic devices to create demand for cathode materials
                                TABLE 145 US: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                                TABLE 146 US: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                                TABLE 147 US: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                                TABLE 148 US: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
           9.3.7 CANADA
                    9.3.7.1 Government initiatives in battery manufacturing to create demand for cathode material
                                TABLE 149 CANADA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                                TABLE 150 CANADA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                                TABLE 151 CANADA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                                TABLE 152 CANADA: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
           9.3.8 MEXICO
                    9.3.8.1 Increase in battery manufacturing plants to drive cathode materials market in Mexico
                                TABLE 153 MEXICO: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                                TABLE 154 MEXICO: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                                TABLE 155 MEXICO: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                                TABLE 156 MEXICO: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
    9.4 EUROPE 
           9.4.1 IMPACT OF RECESSION
                    FIGURE 39 EUROPE: CATHODE MATERIALS MARKET SNAPSHOT
                    TABLE 157 EUROPE: CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (KILOTON)
                    TABLE 158 EUROPE: CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (KILOTON)
                    TABLE 159 EUROPE: CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
                    TABLE 160 EUROPE: CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
                    TABLE 161 EUROPE: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (KILOTON)
                    TABLE 162 EUROPE: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (KILOTON)
                    TABLE 163 EUROPE: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
                    TABLE 164 EUROPE: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
                    TABLE 165 EUROPE: LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (KILOTON)
                    TABLE 166 EUROPE: LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (KILOTON)
                    TABLE 167 EUROPE: LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
                    TABLE 168 EUROPE: LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
                    TABLE 169 EUROPE: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, 2017–2021 (KILOTON)
                    TABLE 170 EUROPE: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, 2022–2027 (KILOTON)
                    TABLE 171 EUROPE: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, 2017–2021 (USD MILLION)
                    TABLE 172 EUROPE: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, 2022–2027 (USD MILLION)
                    TABLE 173 EUROPE: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                    TABLE 174 EUROPE: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                    TABLE 175 EUROPE: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                    TABLE 176 EUROPE: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
           9.4.2 GERMANY
                    9.4.2.1 Development in automotive industry to drive market in Germany
                                TABLE 177 GERMANY: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                                TABLE 178 GERMANY: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                                TABLE 179 GERMANY: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                                TABLE 180 GERMANY: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
           9.4.3 FRANCE
                    9.4.3.1 Automotive and consumer electronic sectors to drive cathode materials market
                                TABLE 181 FRANCE: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                                TABLE 182 FRANCE: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                                TABLE 183 FRANCE: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                                TABLE 184 FRANCE: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
           9.4.4 UK
                    9.4.4.1 Growth of EVs to increase demand for cathode materials in UK
                                TABLE 185 UK: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                                TABLE 186 UK: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                                TABLE 187 UK: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                                TABLE 188 UK: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
           9.4.5 REST OF EUROPE
                    TABLE 189 REST OF EUROPE: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                    TABLE 190 REST OF EUROPE: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                    TABLE 191 REST OF EUROPE: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                    TABLE 192 REST OF EUROPE: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
    9.5 REST OF WORLD (ROW) 
           9.5.1 ROW CATHODE MATERIALS MARKET, BY COUNTRY
                    TABLE 193 ROW: CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (KILOTON)
                    TABLE 194 ROW: CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (KILOTON)
                    TABLE 195 ROW: CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
                    TABLE 196 ROW: CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
           9.5.2 ROW LITHIUM-ION CATHODE MATERIALS MARKET, BY COUNTRY
                    TABLE 197 ROW: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (KILOTON)
                    TABLE 198 ROW: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (KILOTON)
                    TABLE 199 ROW: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
                    TABLE 200 ROW: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
           9.5.3 ROW LEAD DIOXIDE CATHODE MATERIALS MARKET, BY COUNTRY
                    TABLE 201 ROW: LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (KILOTON)
                    TABLE 202 ROW: LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (KILOTON)
                    TABLE 203 ROW: LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
                    TABLE 204 ROW: LEAD DIOXIDE CATHODE MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
                    9.5.3.1 RoW cathode materials market
                    TABLE 205 ROW: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY MATERIAL, 2017–2021 (KILOTON)
                    TABLE 206 ROW: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY MATERIAL, 2022–2027 (KILOTON)
                    TABLE 207 ROW: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY MATERIAL, 2017–2021 (USD MILLION)
                    TABLE 208 ROW: LITHIUM-ION CATHODE MATERIALS MARKET SIZE, BY MATERIAL, 2022–2027 (USD MILLION)
           9.5.4 ROW CATHODE MATERIALS MARKET, BY BATTERY TYPE
                    TABLE 209 ROW: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                    TABLE 210 ROW: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                    TABLE 211 ROW: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                    TABLE 212 ROW: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
           9.5.5 BRAZIL
                    9.5.5.1 Booming automotive sector driving demand for cathode materials
                                 TABLE 213 BRAZIL: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                                 TABLE 214 BRAZIL: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                                 TABLE 215 BRAZIL: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                                 TABLE 216 BRAZIL: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
           9.5.6 OTHERS
                    TABLE 217 OTHERS: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)
                    TABLE 218 OTHERS: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)
                    TABLE 219 OTHERS: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)
                    TABLE 220 OTHERS: CATHODE MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
 
10 COMPETITIVE LANDSCAPE (Page No. - 157)
     10.1 STRATEGIES OF KEY PLAYERS 
             TABLE 221 OVERVIEW OF KEY STRATEGIES ADOPTED BY KEY PLAYERS
     10.2 REVENUE ANALYSIS 
             FIGURE 40 REVENUE ANALYSIS FOR KEY PLAYERS IN LAST FIVE YEARS
     10.3 MARKET SHARE ANALYSIS, 2021 
             FIGURE 41 CATHODE MATERIALS MARKET SHARE ANALYSIS
             TABLE 222 CATHODE MATERIALS MARKET: DEGREE OF COMPETITION
             10.3.1 UMICORE
             10.3.2 POSCO
             10.3.3 SUMITOMO METAL MINING CO., LTD.
             10.3.4 ZHEJIANG HUAYOU COBALT
             10.3.5 SHENZHEN DYNANONIC CO., LTD.
                        TABLE 223 CATHODE MATERIALS MARKET: COMPANY MATERIAL FOOTPRINT
                        TABLE 224 CATHODE MATERIALS MARKET: COMPANY BATTERY TYPE FOOTPRINT
                        TABLE 225 CATHODE MATERIALS MARKET: COMPANY REGION FOOTPRINT
     10.4 COMPANY EVALUATION MATRIX 
             10.4.1 STARS
             10.4.2 EMERGING LEADERS
             10.4.3 PERVASIVE PLAYERS
             10.4.4 PARTICIPANTS
                        FIGURE 42 CATHODE MATERIALS MARKET: COMPANY EVALUATION MATRIX, 2021
     10.5 COMPETITIVE SCENARIO 
              TABLE 226 CATHODE MATERIALS MARKET: DEALS, 2019–2022
              TABLE 227 CATHODE MATERIALS MARKET: OTHER DEVELOPMENTS, 2019–2022
 
11 COMPANY PROFILES (Page No. - 173)
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
     11.1 SUMITOMO METAL MINING CO., LTD. 
              TABLE 228 SUMITOMO METAL MINING CO., LTD.: COMPANY OVERVIEW
              FIGURE 43 SUMITOMO METAL MINING CO., LTD.: COMPANY SNAPSHOT
              TABLE 229 SUMITOMO METAL MINING CO., LTD.: PRODUCTS OFFERED
              TABLE 230 SUMITOMO METAL MINING CO., LTD.: OTHERS
     11.2 ZHEJIANG HUAYOU COBALT 
              TABLE 231 ZHEJIANG HUAYOU COBALT: COMPANY OVERVIEW
              TABLE 232 ZHEJIANG HUAYOU COBALT: PRODUCTS OFFERED
              TABLE 233 ZHEJIANG HUAYOU COBALT: DEALS
     11.3 SHENZHEN DYNANONIC CO., LTD. 
              TABLE 234 SHENZHEN DYNANONIC CO., LTD.: COMPANY OVERVIEW
              TABLE 235 SHENZHEN DYNANONIC CO., LTD.: PRODUCTS OFFERED
              TABLE 236 SHENZHEN DYNANONIC CO., LTD.: DEALS
              TABLE 237 SHENZHEN DYNANONIC CO., LTD.: OTHERS
     11.4 UMICORE 
              TABLE 238 UMICORE: COMPANY OVERVIEW
              FIGURE 44 UMICORE: COMPANY SNAPSHOT
              TABLE 239 UMICORE: PRODUCTS OFFERED
              TABLE 240 UMICORE: DEALS
              TABLE 241 UMICORE: OTHERS
     11.5 POSCO 
              TABLE 242 POSCO: COMPANY OVERVIEW
              FIGURE 45 POSCO: COMPANY SNAPSHOT
              TABLE 243 POSCO: PRODUCTS OFFERED
              TABLE 244 POSCO: DEALS
              TABLE 245 POSCO: OTHERS
     11.6 MITSUI MINING & SMELTING CO., LTD. 
              TABLE 246 MITSUI MINING & SMELTING CO., LTD.: COMPANY OVERVIEW
              FIGURE 46 MITSUI MINING & SMELTING CO., LTD.: COMPANY SNAPSHOT
              TABLE 247 MITSUI MINING & SMELTING CO., LTD.: PRODUCTS OFFERED
     11.7 LG CHEM 
              TABLE 248 LG CHEM: COMPANY OVERVIEW
              FIGURE 47 LG CHEM: COMPANY SNAPSHOT
              TABLE 249 LG CHEM: PRODUCTS OFFERED
              TABLE 250 LG CHEM: DEALS
              TABLE 251 LG CHEM: OTHERS
     11.8 TODA KOGYO CORP. 
              TABLE 252 TODA KOGYO CORP.: COMPANY OVERVIEW
              FIGURE 48 TODA KOGYO CORP.: COMPANY SNAPSHOT
              TABLE 253 TODA KOGYO CORP.: PRODUCTS OFFERED
              TABLE 254 TODA KOGYO CORP.: OTHERS
     11.9 GRAVITA INDIA LTD. 
              TABLE 255 GRAVITA INDIA LTD.: COMPANY OVERVIEW
              FIGURE 49 GRAVITA INDIA LTD.: COMPANY SNAPSHOT
              TABLE 256 GRAVITA INDIA LTD.: PRODUCTS OFFERED
     11.10 L&F CO., LTD. 
              TABLE 257 L&F CO., LTD.: COMPANY OVERVIEW
              TABLE 258 L&F CO., LTD.: PRODUCTS OFFERED
              TABLE 259 L&F CO., LTD.: OTHERS
     11.11 SHOWA DENKO K.K. 
              TABLE 260 SHOWA DENKO K.K.: COMPANY OVERVIEW
              FIGURE 50 SHOWA DENKO K.K.: COMPANY SNAPSHOT
              TABLE 261 SHOWA DENKO K.K.: PRODUCTS OFFERED
     11.12 NINGBO SHANSHAN CO., LTD. 
              TABLE 262 NINGBO SHANSHAN CO., LTD.: COMPANY OVERVIEW
              FIGURE 51 NINGBO SHANSHAN CO., LTD.: COMPANY SNAPSHOT
              TABLE 263 NINGBO SHANSHAN CO., LTD.: PRODUCTS OFFERED
              TABLE 264 NINGBO SHANSHAN CO., LTD.: DEALS
              TABLE 265 NINGBO SHANSHAN CO., LTD.: OTHERS
     11.13 NICHIA CORPORATION 
              TABLE 266 NICHIA CORPORATION: COMPANY OVERVIEW
              TABLE 267 NICHIA CORPORATION: PRODUCTS OFFERED
     11.14 AMERICAN ELEMENTS 
              TABLE 268 AMERICAN ELEMENTS: COMPANY OVERVIEW
              TABLE 269 AMERICAN ELEMENTS: PRODUCTS OFFERED
     11.15 NEI CORPORATION 
              TABLE 270 NEI CORPORATION: COMPANY OVERVIEW
              TABLE 271 NEI CORPORATION: PRODUCTS OFFERED
     11.16 PULEAD TECHNOLOGY INDUSTRY CO., LTD. 
              TABLE 272 PULEAD TECHNOLOGY INDUSTRY CO., LTD.: COMPANY OVERVIEW
              TABLE 273 PULEAD TECHNOLOGY INDUSTRY CO., LTD.: PRODUCTS OFFERED
     11.17 ASCEND ELEMENTS, INC. 
              TABLE 274 ASCEND ELEMENTS, INC.: COMPANY OVERVIEW
              TABLE 275 ASCEND ELEMENTS, INC.: PRODUCTS OFFERED
              TABLE 276 ASCEND ELEMENTS, INC.: DEALS
              TABLE 277 ASCEND ELEMENTS, INC.: OTHERS
     11.18 BASF SE 
              TABLE 278 BASF SE: COMPANY OVERVIEW
              FIGURE 52 BASF SE: COMPANY SNAPSHOT
              TABLE 279 BASF SE: PRODUCTS OFFERED
              TABLE 280 BASF SE: DEALS
              TABLE 281 BASF SE: OTHERS
     11.19 HITACHI METALS, LTD. 
              TABLE 282 HITACHI METALS, LTD.: COMPANY OVERVIEW
              FIGURE 53 HITACHI METALS, LTD.: COMPANY SNAPSHOT
              TABLE 283 HITACHI METALS, LTD.: PRODUCTS OFFERED
     11.20 EV 
              TABLE 284 EV: COMPANY OVERVIEW
              TABLE 285 EV: PRODUCTS OFFERED
              TABLE 286 EV: DEALS
              TABLE 287 EV: OTHERS
 
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.
 
12 APPENDIX (Page No. - 219)
     12.1 DISCUSSION GUIDE 
     12.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     12.3 CUSTOMIZATION OPTIONS 
     12.4 RELATED REPORTS 
     12.5 AUTHOR DETAILS 

The study involved four major activities in estimating the current size of the cathode materials market. Exhaustive secondary research was done to collect information on the market, peer markets, and parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across the cathode materials value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

Secondary sources for this research study include annual reports; press releases, and investor presentations of companies; white papers; certified publications; and articles by recognized authors, gold- and silver-standard websites, cathode materials manufacturing companies, regulatory bodies, trade directories, and databases. The secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, market classification, and segmentation according to industry trends to the bottom-most level and regional markets. It has also been used to obtain information about key developments from a market-oriented perspective.

Primary Research

The cathode materials market comprises several stakeholders, such as raw material suppliers, processors, end-use industries, and regulatory organizations in the supply chain. The demand side of the market is characterized by the presence of cathode materials manufacturers, importers/exporters, and manufacturers engaged in the production of various products. The supply side is characterized by key technology providers for cathode materials, end-users, researchers, and service providers.

In the primary research process, various primary sources from the supply and demand sides of the market have been interviewed to obtain qualitative and quantitative information. The primary interviewees from the demand side included key opinion leaders, executives, vice presidents, and CEOs of manufacturing companies. The primary sources from the supply side included research institutions involved in R&D activities to introduce new technologies, key opinion leaders, distributors, and cathode materials manufacturing companies.

Breakdown of the Primary Interviews

Cathode Materials Market Size, and Share

Notes: Other designations include sales managers, engineers, and regional managers.

Tier 1 company—revenue >USD 5 billion, tier 2 company—revenue between USD 1 billion and USD 5 billion, and tier 3 company—revenue <USD 1 billion

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches have been used to estimate and validate the total size of the cathode materials market. These approaches have also been used extensively to estimate the size of various dependent subsegments of the market. The research methodology used to estimate the market size included the following:

The following segments provide details about the overall market size estimation process employed in this study

  • The key players in the market were identified through secondary research.
  • The market shares in the respective regions were identified through primary and secondary research.
  • The value chain and market size of the cathode materials market, in terms of value and volume, were determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
  • The research included the study of annual and financial reports of the top market players and interviews with industry experts, such as CEOs, VPs, directors, sales managers, and marketing executives, for key insights, both quantitative and qualitative.

Global Cathode materials Market Size: Bottom-Up Approach

Cathode Materials Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Data Triangulation

After arriving at the overall market size from the estimation process explained below, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments. The data was triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market was validated using both the top-down and bottom-up approaches.

Report Objectives

Market Intelligence

  • To analyze and forecast the size of the cathode materials market in terms of value and volume
  • To define, describe, and forecast the market size by material, battery type, end-use, and region
  • To forecast the market size with respect to five main regions, namely, Asia Pacific, Europe, North America, and Rest of World (RoW)
  • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the market segments with respect to individual growth trends, prospects, and their contribution to the market
  • To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders
  • To analyze competitive developments, such as product launches, joint ventures and expansions in the cathode materials market

Competitive Intelligence

  • To identify and profile the key players in the cathode materials market
  • To determine the top players offering various products in the cathode materials market
  • To provide a comparative analysis of the market leaders based on the following:
  • Product offerings
  • Business strategies
  • Strengths and weaknesses
  • Key financials
  • To understand the competitive landscape of the market and identify the key growth strategies adopted by the leading players across key regions

Available Customizations

MarketsandMarkets offers the following customizations for this market report:

  • Product matrix, which gives a detailed comparison of the product portfolio of each company
Report Code
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Published ON
Jan, 2023
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