Market Overview:
The global battery materials market reached a value of US$ 47.65 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 68.67 Billion by 2027, exhibiting a CAGR of 6.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Battery materials are individual materials potentially present in cell electrodes, electrolytes, and separators. They comprise antimony (Sb), cadmium (Cd), copper (Cu), lead (Pb), silicon (Si), lithium (Li), cobalt (Co), nickel (Ni), zinc (Zn), graphite (C), and manganese (Mn). Among these, C has the highest proportion by volume of all the battery raw materials as it helps avoid dendrite formation and the high reactivity of alkali metal anodes. At present, as batteries find extensive applications in household appliances, military electronics, medical equipment, and portable devices, the demand for battery materials is rising across the globe.
Battery Materials Market Trends:
There is considerable reliance on smartphones, laptops, and other electronic devices worldwide. This represents one of the key factors bolstering the growth of the market. Besides this, governments of numerous countries are offering subsidies and financial incentives like grants or tax rebates to encourage the adoption of electric vehicles (EVs) and reduce carbon emissions. This, coupled with the burgeoning automotive industry, is driving the market. Moreover, there is a rise in the use of lithium-ion batteries (LIBs) around the world on account of their high energy density. They also provide emergency backup power in case of power loss or fluctuation, which is required for office equipment like computers and IT servers. In line with this, they are emerging as an alternative to gasoline and lead-acid batteries in powering speed boats and yachts. In addition, LIBs are utilized in wheelchairs, bikes, scooters, and other mobility aids for individuals with mobility restrictions. Furthermore, key players are increasingly focusing on agreements/partnerships with domestic players to increase their geographical presence, which is fueling the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global battery materials market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, battery type and application.
Breakup by Type:
- Cathode
- Anode
- Electrolyte
- Separator
- Others
Breakup by Battery Type:
- Lithium Ion
- Lead Acid
- Others
Breakup by Application:
- Automobile Industry
- Household Appliances
- Electronics Industry
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Albemarle Corporation, Asahi Kasei Corporation, BASF SE, Entek International Ltd., Johnson Matthey, Livent, Mitsubishi Chemical Holdings Corporation, Nichia Corporation, Showa Denko K. K., Sumitomo Chemical Co. Ltd., Targray Technology International Inc. and Umicore N.V.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Type, Battery Type, Application, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Albemarle Corporation, Asahi Kasei Corporation, BASF SE, Entek International Ltd., Johnson Matthey, Livent, Mitsubishi Chemical Holdings Corporation, Nichia Corporation, Showa Denko K. K., Sumitomo Chemical Co. Ltd., Targray Technology International Inc. and Umicore N.V. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global battery materials market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global battery materials market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the battery type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global battery materials market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Battery Materials Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Cathode
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Anode
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Electrolyte
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Separator
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Battery Type
7.1 Lithium Ion
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Lead Acid
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Automobile Industry
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Household Appliances
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Electronics Industry
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Albemarle Corporation
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Asahi Kasei Corporation
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 BASF SE
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Entek International Ltd.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Johnson Matthey
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Livent
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Mitsubishi Chemical Holdings Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Nichia Corporation
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Showa Denko K. K.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Sumitomo Chemical Co. Ltd.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Targray Technology International Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Umicore N.V.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
List of Figures
Figure 1: Global: Battery Materials Market: Major Drivers and Challenges
Figure 2: Global: Battery Materials Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Battery Materials Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Battery Materials Market: Breakup by Type (in %), 2021
Figure 5: Global: Battery Materials Market: Breakup by Battery Type (in %), 2021
Figure 6: Global: Battery Materials Market: Breakup by Application (in %), 2021
Figure 7: Global: Battery Materials Market: Breakup by Region (in %), 2021
Figure 8: Global: Battery Materials (Cathode) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Battery Materials (Cathode) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Battery Materials (Anode) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Battery Materials (Anode) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Battery Materials (Electrolyte) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Battery Materials (Electrolyte) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Battery Materials (Separator) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Battery Materials (Separator) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Battery Materials (Other Battery Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Battery Materials (Other Battery Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Battery Materials (Lithium Ion) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Battery Materials (Lithium Ion) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Battery Materials (Lead Acid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Battery Materials (Lead Acid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Battery Materials (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Battery Materials (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Battery Materials (Automobile Industry) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Battery Materials (Automobile Industry) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Battery Materials (Household Appliances) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Battery Materials (Household Appliances) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Battery Materials (Electronics Industry) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Battery Materials (Electronics Industry) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Battery Materials (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Battery Materials (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: North America: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: North America: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: United States: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: United States: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Canada: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Canada: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Asia-Pacific: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Asia-Pacific: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: China: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: China: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Japan: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Japan: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: India: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: India: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: South Korea: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: South Korea: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Australia: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Australia: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Indonesia: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Indonesia: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Others: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Others: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Europe: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Europe: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Germany: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Germany: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: France: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: France: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: United Kingdom: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: United Kingdom: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Italy: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Italy: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Spain: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Spain: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Russia: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Russia: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Latin America: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Latin America: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Brazil: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Brazil: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Mexico: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Mexico: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Others: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Others: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Middle East and Africa: Battery Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Middle East and Africa: Battery Materials Market: Breakup by Country (in %), 2021
Figure 80: Middle East and Africa: Battery Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Global: Battery Materials Industry: SWOT Analysis
Figure 82: Global: Battery Materials Industry: Value Chain Analysis
Figure 83: Global: Battery Materials Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Battery Materials Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Battery Materials Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Battery Materials Market Forecast: Breakup by Battery Type (in Million US$), 2022-2027
Table 4: Global: Battery Materials Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Battery Materials Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Battery Materials Market: Competitive Structure
Table 7: Global: Battery Materials Market: Key Players