電池材料市場 – 2030年までの世界予測

Battery Materials Market - Global Forecast To 2030

電池材料市場 - バッテリーの種類(鉛蓄電池、リチウムイオン)、材質(正極(LFP、LCO、NMC、NCA、LMO)、負極、電解液)、用途(自動車、電気自動車、ポータブルデバイス、産業用)、地域別 - 2030年までの世界予測
Battery Materials Market by Battery Type (Lead-Acid, Lithium-Ion), Material [Cathode (LFP, LCO, NMC, NCA, LMO), Anode, Electrolyte], Application (Automotive, Electric Vehicles, Portable Devices, Industrial), and Region - Global Forecast to 2030

商品番号 : SMB-85890

出版社MarketsandMarkets
出版年月2025年8月
ページ数293
図表数448
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本レポートは、電池材料市場を材料、電池の種類、用途、地域に基づいて定義、セグメント化し、市場規模を予測しています。市場の成長に影響を与える主要要因(促進要因、制約要因、機会、課題など)に関する詳細な情報を提供しています。電池材料メーカーを戦略的にプロファイリングし、市場シェアとコアコンピタンスを徹底的に分析するとともに、契約、合弁事業、提携、事業拡大などを含む競争動向を監視・評価しています。

本レポートは、電池材料市場とそのセグメントの収益に関する最も正確な推定値を提供することで、市場リーダー企業と新規参入企業を支援することを目的としています。また、ステークホルダーが市場の競争環境をより深く理解し、ビジネスポジショニングを強化するための洞察を獲得し、効果的な市場開拓戦略を策定できるよう支援します。さらに、ステークホルダーが市場トレンドを把握し、主要な推進要因、制約要因、課題、そして機会に関する情報を提供します。

世界の電池材料市場は、2025年の839.5億米ドルから2030年には1,479.3億米ドルに拡大し、予測期間中に年平均成長率(CAGR)13.7%で成長すると予測されています。電池材料市場は、世界的な電動化、クリーンエネルギー、デジタル技術への移行に牽引され、力強い成長を遂げています。電気自動車、ポータブル電子機器、エネルギー貯蔵システムへの需要増加は、高性能材料の需要を高めています。各国政府と産業界は、バッテリー生産能力、原材料調達、リサイクルインフラに多額の投資を行っています。

The global battery materials market is projected to grow from USD 83.95 billion in 2025 to USD 147.93 billion by 2030, at a CAGR of 13.7% during the forecast period. The battery materials market is experiencing strong growth, driven by the worldwide shift toward electrification, clean energy, and digital technology. Increasing demand for electric vehicles, portable electronics, and energy storage systems is boosting the need for high-performance materials. Governments and industries are making significant investments in battery production capacity, raw material sourcing, and recycling infrastructure.

電池材料市場 - 2030年までの世界予測
battery-raw-materials-market-Overview

“Lead-acid segment, by battery type, is estimated to account for the second-largest share during the forecast period in terms of value.”

The lead-acid segment is expected to hold the second-largest share in the battery materials market by value during the forecast period, due to its widespread use in automotive, industrial backup power, and off-grid energy storage applications. Its reliability, low cost, and well-established recycling infrastructure make it a preferred choice in developing regions and for applications that require high surge currents. Ongoing advancements in lead-acid battery design, including improved flooded and AGM technologies, are also driving market growth.

“By application, the portable device segment will account for the second-largest share during the forecast period in terms of value.”

The portable device segment is expected to hold the second-largest share in the battery materials market by value during the forecast period, driven by rising consumer demand for smartphones, laptops, tablets, wearables, and wireless accessories. This segment sustains steady battery usage. Advances in miniaturization, battery life, and fast-charging features are also increasing the need for high-performance, compact battery materials. As digital connectivity and mobile lifestyles expand worldwide, applications for portable devices are likely to contribute significantly to the battery material market.

電池材料市場 - 2030年までの世界予測 region
battery-raw-materials-market-Region

“The North America region is estimated to account for the second-largest share during the forecast period in terms of volume.”

The North America region is expected to hold the second-largest share in the battery materials market by volume during the forecast period, driven by increasing EV adoption, renewable energy demand, and government support. The US leads with strong policies and a developed domestic supply chain, while Canada invests in lithium production, and Mexico draws major battery manufacturing due to its cost advantages. These factors collectively boost regional demand for battery materials, establishing North America as a key player in the global battery ecosystem.

Profile break-up of primary participants for the report:

  • By Company Type: Tier 1 – 65%, Tier 2 – 20%, and Tier 3 – 15%
  • By Designation: Directors– 25%, Managers– 30%, and Others – 45%
  • By Region: North America – 30%, Asia Pacific – 40%, Europe – 20%, and Rest of the World – 10%

BASF (Germany), POSCO Future M (South Korea), Asahi Kasei Corporation (Japan), Umicore (Belgium), and Sumitomo Metal Mining Co., Ltd. (Japan) are some of the major players in the battery materials market. These players have adopted agreements, joint ventures, expansions, and other strategies to increase their market share and business revenue.

電池材料市場 - 2030年までの世界予測 ecosystem
battery-raw-materials-market-Ecosystem

Research Coverage:

The report defines, segments, and projects the size of the battery materials market based on material, battery type, application, and region. It offers detailed information on key factors affecting the market’s growth, such as drivers, restraints, opportunities, and challenges. It strategically profiles battery materials manufacturers, thoroughly analyzing their market shares and core competencies, and monitors and assesses competitive developments, including agreements, joint ventures, partnerships, expansion, and others.

Reasons to Buy the Report:

The report aims to assist market leaders and new entrants by providing the most accurate estimates of revenue figures for the battery materials market and its segments. It is also designed to help stakeholders gain a better understanding of the market’s competitive landscape, acquire insights to enhance their business positioning, and develop effective go-to-market strategies. Additionally, it enables stakeholders to gauge market trends and offers information on key drivers, restraints, challenges, and opportunities.

The report offers insights on the following points:

  • Analysis of critical drivers (growth of HEVs, PHEVs, and EVs to accelerate demand for lithium-ion batteries, high demand for lithium-ion technology in renewable energy industry, growth in consumer electronic devices), restraints (stringent safety requirements for batteries during operation, inadequate charging infrastructure), opportunities (use of batteries in energy storage devices, innovation and advances in lithium-ion battery technology, declining lithium-ion battery prices), and challenges (overheating issues of lithium-ion batteries) influencing the growth of the battery materials market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities in the battery materials market
  • Market Development: Comprehensive information about lucrative markets – the report analyzes the battery materials market across varied regions
  • Market Diversification: Exhaustive information about new products, various types, untapped geographies, recent developments, and investments in the battery materials market
  • Competitive Assessment: In-depth assessment of market share, growth strategies, and product offerings of leading players in the battery materials market, such as BASF (Germany), POSCO Future M (South Korea), Asahi Kasei Corporation (Japan), Umicore (Belgium), and Sumitomo Metal Mining Co., Ltd. (Japan)

Table of Contents

1               INTRODUCTION              31

1.1           STUDY OBJECTIVES       31

1.2           MARKET DEFINITION   31

1.3           STUDY SCOPE   32

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      32

1.3.2        INCLUSIONS AND EXCLUSIONS 33

1.3.3        YEARS CONSIDERED      33

1.3.4        CURRENCY CONSIDERED            34

1.3.5        UNIT CONSIDERED        34

1.4           LIMITATIONS    34

1.5           STAKEHOLDERS               34

1.6           SUMMARY OF CHANGES               35

2               RESEARCH METHODOLOGY       36

2.1           RESEARCH DATA              36

2.1.1        SECONDARY DATA          37

2.1.1.1    List of key secondary sources              37

2.1.1.2    Key data from secondary sources       37

2.1.2        PRIMARY DATA 38

2.1.2.1    Key data from primary sources           38

2.1.2.2    List of primary interview participants—demand and supply sides                 38

2.1.2.3    Key industry insights           39

2.1.2.4    Breakdown of interviews with experts               39

2.2           DEMAND-SIDE ANALYSIS             40

2.3           MARKET SIZE ESTIMATION         40

2.3.1        BOTTOM-UP APPROACH              41

2.3.2        TOP-DOWN APPROACH                41

2.4           SUPPLY-SIDE ANALYSIS                 42

2.4.1        CALCULATIONS FOR SUPPLY-SIDE ANALYSIS    43

2.5           GROWTH FORECAST      43

2.6           DATA TRIANGULATION                44

2.7           FACTOR ANALYSIS          45

2.8           RESEARCH ASSUMPTIONS           45

2.9           RESEARCH LIMITATIONS             46

2.10         RISK ASSESSMENT           46

3               EXECUTIVE SUMMARY  47

4               PREMIUM INSIGHTS       52

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN BATTERY MATERIALS MARKET 52

4.2           BATTERY MATERIALS MARKET, BY REGION        52

4.3           BATTERY MATERIALS MARKET, BY BATTERY TYPE                 53

4.4           BATTERY MATERIALS MARKET, BY APPLICATION OF LITHIUM-ION BATTERIES            53

4.5           BATTERY MATERIALS MARKET, BY APPLICATION OF LEAD-ACID BATTERIES 54

4.6           BATTERY MATERIALS MARKET, BY KEY COUNTRY                 54

5               MARKET OVERVIEW       55

5.1           MARKET DYNAMICS       55

5.1.1        DRIVERS               56

5.1.1.1    Growth of HEVs, PHEVs, and EVs to accelerate demand for lithium-

ion batteries           56

5.1.1.2    High demand for lithium-ion technology in renewable energy industry  57

5.1.1.3    Growth in consumer electronic devices            58

5.1.2        RESTRAINTS      58

5.1.2.1    Stringent safety requirements for batteries during operations                 58

5.1.2.2    Inadequate charging infrastructure   58

5.1.3        OPPORTUNITIES              58

5.1.3.1    Use of batteries in energy storage devices        58

5.1.3.2    Innovation and advances in lithium-ion battery technology                 59

5.1.3.3    Declining lithium-ion battery prices 59

5.1.4        CHALLENGES    60

5.1.4.1    Overheating issues of lithium-ion batteries     60

6               INDUSTRY TRENDS         61

6.1           GLOBAL MACROECONOMIC OUTLOOK                61

6.2           SUPPLY CHAIN ANALYSIS             63

6.2.1        RAW MATERIALS              63

6.2.2        BATTERY MATERIALS    63

6.2.3        BATTERY MANUFACTURING      63

6.2.4        DISTRIBUTION NETWORK           64

6.2.5        END-USE INDUSTRIES   64

6.3           ECOSYSTEM ANALYSIS  64

6.4           PORTER’S FIVE FORCES ANALYSIS           65

6.4.1        BARGAINING POWER OF SUPPLIERS       66

6.4.2        BARGAINING POWER OF BUYERS             66

6.4.3        THREAT OF NEW ENTRANTS      67

6.4.4        THREAT OF SUBSTITUTES          67

6.4.5        INTENSITY OF COMPETITIVE RIVALRY 67

6.5           KEY STAKEHOLDERS AND BUYING CRITERIA     68

6.5.1        KEY STAKEHOLDERS IN BUYING PROCESS           68

6.5.2        BUYING CRITERIA           68

6.6           PRICING ANALYSIS          69

6.6.1        AVERAGE SELLING PRICE OF NATURAL GRAPHITE, BY REGION, 2022–2024           69

6.6.2        AVERAGE SELLING PRICE OF BATTERY MATERIALS, BY ANODE MATERIAL, 2024                70

6.6.3        AVERAGE SELLING PRICE OF LITHIUM CARBONATE, BY KEY PLAYERS     71

6.6.4        AVERAGE SELLING PRICE OF COBALT, BY REGION                 71

6.6.5        AVERAGE SELLING PRICE OF NICKEL, BY REGION                 72

6.7           TARIFF AND REGULATORY LANDSCAPE               72

6.7.1        TARIFF ANALYSIS             72

6.7.2        TARIFF RELATED TO BATTERY MATERIALS        72

6.7.3        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             73

6.8           KEY CONFERENCES AND EVENTS, 2025–2026        75

6.9           PATENT ANALYSIS          76

6.9.1        METHODOLOGY              76

6.10         TECHNOLOGY ANALYSIS             78

6.10.1      KEY TECHNOLOGIES     78

6.10.1.1  High-nickel cathodes           78

6.10.2      COMPLEMENTARY TECHNOLOGIES       78

6.10.2.1  Lithium metal batteries       78

6.11         CASE STUDY ANALYSIS 79

6.11.1      FPORTERA CASE STUDY WITH TOYOTA LITHIUM-ION BATTERIES         79

6.11.2      REDWOOD MATERIALS’ BATTERY METALS RECOVERY CUTS MINE MESS             80

6.11.3      CUSTOM LITHIUM BATTERY SOLUTION FOR PERSONAL ELECTRIC SCOOTER                81

6.12         TRADE DATA     82

6.12.1      IMPORT SCENARIO (HS CODE 850650)    82

6.12.2      EXPORT SCENARIO (HS CODE 850650)    83

6.13         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            84

6.14         INVESTMENT AND FUNDING SCENARIO               85

6.15         IMPACT OF GENERATIVE AI ON BATTERY MATERIALS MARKET               85

6.15.1      INTRODUCTION              85

6.15.2      DATA COLLECTION AND STRUCTURING              86

6.15.3      PREDICTIVE MODELING OF MATERIAL PROPERTIES                 86

6.15.4      GENERATIVE DESIGN OF NEW MATERIALS          86

6.15.5      EXPERIMENTAL PRIORITIZATION AND VALIDATION                 86

6.15.6      PROCESS OPTIMIZATION IN MATERIAL MANUFACTURING          86

6.15.7      INTEGRATION INTO BATTERY SYSTEMS              86

6.15.8      BATTERY LIFECYCLE AND RECYCLING 86

6.15.9      CONTINUOUS LEARNING AND FEEDBACK LOOP                 86

6.16         TRUMP TARIFF IMPACT ON BATTERY MATERIALS MARKET               87

6.16.1      KEY TARIFF RATES IMPACTING MARKET              87

6.16.2      PRICE IMPACT ANALYSIS             87

6.16.3      KEY IMPACT ON VARIOUS REGIONS       88

6.16.3.1  US           88

6.16.3.2  Europe   88

6.16.3.3  Asia Pacific            88

6.16.4      IMPACT ON END-USE INDUSTRIES OF BATTERY MATERIALS MARKET      88

6.16.4.1  Lithium-ion batteries           88

6.16.4.1.1                Portable devices   88

6.16.4.1.2                Electric vehicles (EVs)        88

6.16.4.1.3                Industrial applications         88

6.16.4.1.4                Others    88

6.16.4.2  Lead-acid batteries               89

6.16.4.2.1                Automotive sector                 89

6.16.4.2.2                Industrial applications         89

6.16.4.3  Others    89

7               BATTERY MATERIALS MARKET, BY MATERIAL   90

7.1           INTRODUCTION              91

7.2           LITHIUM-ION BATTERY MATERIALS       91

7.2.1        CATHODE MATERIAL    92

7.2.1.1    Cathode materials for lithium-ion batteries     94

7.2.1.1.1 Lithium iron phosphate (LFP)           95

7.2.1.1.2 Lithium cobalt oxide (LCO)               96

7.2.1.1.3 Lithium nickel manganese cobalt (NMC)        98

7.2.1.1.4 Lithium nickel cobalt aluminum (NCA)           99

7.2.1.1.5 Lithium manganese oxide (LMO)     100

7.2.2        ANODE MATERIAL          101

7.2.2.1    Anode materials for lithium-ion batteries         103

7.2.2.2    Natural graphite   104

7.2.2.3    Artificial graphite 105

7.2.2.4    Other anode materials         106

7.2.3        ELECTROLYTE MATERIAL           108

7.2.4        OTHER MATERIALS        109

7.3           LEAD ACID BATTERY MATERIALS            110

7.3.1        CATHODE MATERIAL    112

7.3.2        ANODE MATERIAL          113

7.3.3        ELECTROLYTE MATERIAL           115

7.3.4        OTHER MATERIALS        116

7.4           OTHER BATTERY MATERIALS    117

8               BATTERY MATERIALS MARKET, BY APPLICATION                 118

8.1           INTRODUCTION              119

8.2           LITHIUM-ION BATTERY                119

8.2.1        PORTABLE DEVICES       121

8.2.2        ELECTRIC VEHICLES      123

8.2.3        INDUSTRIAL      124

8.2.4        OTHER APPLICATIONS 126

8.3           LEAD-ACID BATTERY    128

8.3.1        AUTOMOTIVE   129

8.3.2        INDUSTRIAL      130

8.4           OTHER APPLICATIONS 132

9               BATTERY MATERIALS MARKET, BY BATTERY TYPE                 133

9.1           INTRODUCTION              134

9.2           LITHIUM-ION    135

9.2.1        GROWING DEMAND FOR HIGH-PERFORMANCE BATTERIES

TO PROPEL MARKET      135

9.3           LEAD-ACID         137

9.3.1        SURGE IN LOW-COST ENERGY STORAGE AND VEHICLE DEMAND

TO BOOST MARKET        137

9.4           OTHER BATTERY TYPES               138

10            BATTERY MATERIALS MARKET, BY REGION        140

10.1         INTRODUCTION              141

10.2         ASIA PACIFIC     143

10.2.1      CHINA  153

10.2.1.1  Surge in electric vehicle production to boost market      153

10.2.2      SOUTH KOREA  153

10.2.2.1  Government efforts to increase adoption of electric vehicles to fuel market             153

10.2.3      JAPAN   154

10.2.3.1  Boost in domestic production capacity of batteries and growing industries to propel market 154

10.2.4      INDIA    154

10.2.4.1  Expanding EV and clean energy growth to boost market                 154

10.2.5      REST OF ASIA PACIFIC   154

10.3         NORTH AMERICA             155

10.3.1      US           164

10.3.1.1  Surging EV and renewable energy sectors to fuel market                 164

10.3.2      REST OF NORTH AMERICA          165

10.4         EUROPE               165

10.4.1      GERMANY           175

10.4.1.1  Rise in the automotive sector to fuel market growth       175

10.4.2      FRANCE                175

10.4.2.1  Increasing demand in the automotive and marine industries to drive the market   175

10.4.3      UK          175

10.4.3.1  Government initiatives for the adoption of EVs to boost market                 175

10.4.4      REST OF EUROPE             176

10.5         REST OF THE WORLD    176

10.5.1      BRAZIL 186

10.5.1.1  Growing automotive sector to drive market     186

10.5.2      OTHER COUNTRIES        186

11            COMPETITIVE LANDSCAPE         187

11.1         INTRODUCTION              187

11.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            187

11.3         REVENUE ANALYSIS       189

11.4         MARKET SHARE ANALYSIS           190

11.5         BRAND/PRODUCT COMPARISON             192

11.6         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 193

11.6.1      STARS   193

11.6.2      CEMERGING LEADERS  193

11.6.3      PERVASIVE PLAYERS      193

11.6.4      PARTICIPANTS 194

11.6.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         195

11.6.5.1  Company footprint               195

11.6.5.2  Region footprint   196

11.6.5.3  Application footprint            197

11.6.5.4  Material footprint 198

11.7         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        199

11.7.1      PROGRESSIVE COMPANIES         199

11.7.2      RESPONSIVE COMPANIES            199

11.7.3      DYNAMIC COMPANIES  199

11.7.4      STARTING BLOCKS         199

11.7.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 201

11.7.5.1  Detailed list of key startups/SMEs    201

11.7.5.2  Competitive benchmarking of key startups/SMEs          202

11.8         COMPANY VALUATION AND FINANCIAL METRICS                 203

11.9         COMPETITIVE SCENARIO             204

11.9.1      PRODUCT LAUNCHES   204

11.9.2      DEALS  205

11.9.3      EXPANSIONS     206

12            COMPANY PROFILES      208

12.1         KEY COMPANIES              208

12.1.1      UMICORE            208

12.1.1.1  Business overview 208

12.1.1.2  Products offered   209

12.1.1.3  Recent developments           210

12.1.1.3.1                Deals      210

12.1.1.3.2                Expansions             211

12.1.1.4  MnM View             212

12.1.1.4.1                Key Strengths/Right to Win:              212

12.1.1.4.2                Strategic Choices  212

12.1.1.4.3                Weaknesses/Competitive threats       212

12.1.2      ASAHI KASEI CORPORATION      213

12.1.2.1  Business overview 213

12.1.2.2  Products/Solutions/Services offered 214

12.1.2.3  Recent developments           215

12.1.2.3.1                Deals      215

12.1.2.3.2                Expansions             216

12.1.2.4  MnM View             216

12.1.2.4.1                Key Strengths/Right to Win                216

12.1.2.5  Strategic Choices  217

12.1.2.6  Weaknesses/Competitive threats:      217

12.1.3      MITSUBISHI CHEMICAL GROUP CORPORATION                 218

12.1.3.1  Business overview 218

12.1.3.2  Products offered   219

12.1.3.3  Recent developments           219

12.1.3.3.1                Deals      219

12.1.3.3.2                Expansions             220

12.1.4      POSCO FUTURE M           221

12.1.4.1  Business overview 221

12.1.4.2  Products offered   222

12.1.4.3  Recent developments           223

12.1.4.3.1                Product launches  223

12.1.4.3.2                Deals      223

12.1.4.3.3                Expansions             224

12.1.4.4  MnM View             226

12.1.4.4.1                Key Strengths/Right to Win:              226

12.1.4.4.2                Strategic Choices: 226

12.1.4.4.3                Weaknesses/Competitive threats:      226

12.1.5      EV METALS GROUP         227

12.1.5.1  Business overview 227

12.1.5.2  Products offered   227

12.1.5.3  Recent developments           227

12.1.5.3.1                Deals      227

12.1.6      RESONAC HOLDINGS CORPORATION    228

12.1.6.1  Business overview 228

12.1.6.2  Products offered   229

12.1.6.3  Recent developments           230

12.1.6.3.1                Deals      230

12.1.7      KUREHA CORPORATION               231

12.1.7.1  Business overview 231

12.1.7.2  Products offered   232

12.1.8      SUMITOMO METAL MINING CO., LTD.  233

12.1.8.1  Business overview 233

12.1.8.2  Products offered   234

12.1.8.3  Recent developments           234

12.1.8.3.1                Deals      234

12.1.8.3.2                Expansions             235

12.1.8.4  MnM View             235

12.1.8.4.1                Key Strengths/Right to Win                235

12.1.8.4.2                Strategic choices   235

12.1.8.4.3                Weaknesses/Competitive threats       236

12.1.9      TORAY INDUSTRIES, INC.             237

12.1.9.1  Business overview 237

12.1.9.2  Products offered   238

12.1.9.3  Recent developments           239

12.1.9.3.1                Deals      239

12.1.10   MITSUI MINING & SMELTING CO., LTD. 240

12.1.10.1                 Business overview 240

12.1.10.2                 Products offered   241

12.1.11   UBE CORPORATION       242

12.1.11.1                 Business overview 242

12.1.11.2                 Products offered   243

12.1.11.3                 Recent developments           244

12.1.11.3.1             Deals      244

12.1.11.3.2             Expansions             244

12.1.12   BASF      245

12.1.12.1                 Business Overview                245

12.1.12.2                 Products Offered  246

12.1.12.3                 Recent developments           247

12.1.12.3.1             Deals      247

12.1.12.3.2             Expansions             247

12.1.12.4                 MnM View             247

12.1.12.4.1             Key Strengths/Right to Win:              247

12.1.12.4.2             Strategic Choices: 248

12.1.12.4.3             Weaknesses/Competitive threats:      248

12.1.13   L&F CO., LTD.    249

12.1.13.1                 Business overview 249

12.1.13.2                 Products offered   250

12.1.13.3                 Recent developments           250

12.1.13.3.1             Expansions             250

12.1.14   TODA KOGYO CORP.     251

12.1.14.1                 Business overview 251

12.1.14.2                 Products offered   252

12.1.14.3                 Recent developments           252

12.1.14.3.1             Expansions             252

12.1.15   NEI CORPORATION         253

12.1.15.1                 Business overview 253

12.1.15.2                 Products offered   253

12.1.15.3                 Recent developments           255

12.1.15.4                 Product launches  255

12.1.15.4.1             Contracts                256

12.1.15.4.2             Expansions             256

12.1.16   TANAKA CHEMICAL CORPORATION       257

12.1.16.1                 Business overview 257

12.1.16.2                 Products Offered  258

12.1.17   NINGBO SHANSHAN CO., LTD.  259

12.1.17.1                 Business overview 259

12.1.17.2                 Products offered   260

12.1.17.3                 Recent developments           261

12.1.17.3.1             Deals      261

12.1.17.3.2             Expansions             261

12.1.18   HAMMOND GROUP, INC.              263

12.1.18.1                 Business overview 263

12.1.18.2                 Products offered   263

12.1.19   SINOMA SCIENCE & TECHNOLOGY CO., LTD.     264

12.1.19.1                 Business overview 264

12.1.19.2                 Products/Solutions/Services offered 264

12.1.20   SHANGHAI ENERGY NEW MATERIALS TECHNOLOGY CO., LTD.             265

12.1.20.1                 Business overview 265

12.1.20.2                 Products/Solutions/Services offered 265

12.1.20.3                 Recent developments           266

12.1.20.3.1             Product launches  266

12.1.20.4                 Deals      266

12.1.20.5                 Others    267

12.1.21   PENOX GROUP 268

12.1.21.1                 Business overview 268

12.1.21.2                 Products/Solutions/Services offered 268

12.1.22   GRAVITA INDIA LTD.     269

12.1.22.1                 Business overview 269

12.1.22.2                 Products offered   270

12.1.22.3                 Recent developments           271

12.1.22.3.1             Expansions             271

12.2         OTHER PLAYERS              272

12.2.1      NICHIA CORPORATION 272

12.2.2      PULEAD TECHNOLOGY INDUSTRY         272

12.2.3      ENTEK  273

12.2.3.1  Recent developments           273

12.2.3.1.1                Deals      273

12.2.3.1.2                Expansions             274

12.2.4      NEXEON LTD.    275

12.2.4.1  Recent developments           276

12.2.4.1.1                Deals      276

12.2.4.1.2                Expansions             276

12.2.5      ZHANGJIAGANG GUOTAI HUARONG CHEMICAL NEW MATERIAL           277

12.2.6      ECOPRO BM       277

12.2.7      ASCEND ELEMENTS, INC.             278

12.2.7.1  Recent developments           278

12.2.7.1.1                Deals      278

12.2.7.1.2                Expansions             280

13            ADJACENT AND RELATED MARKETS      281

13.1         INTRODUCTION              281

13.2         LIMITATIONS    281

13.3         INTERCONNECTED MARKETS   281

13.4         LITHIUM-ION BATTERY MARKET             281

13.4.1      MARKET DEFINITION   281

13.4.2      MARKET OVERVIEW       281

13.4.3      LITHIUM-ION BATTERY MARKET, BY TYPE          282

13.4.4      LITHIUM NICKEL MANGANESE COBALT (NMC) 283

13.4.4.1  Low self-heating rate to drive adoption            283

13.4.5      LITHIUM IRON PHOSPHATE (LFP)           283

13.4.5.1  Growing deployment in HEVs and PHEVs to boost demand                 283

13.4.6      LITHIUM COBALT OXIDE (LCO)                284

13.4.6.1  Increasing deployment as power source in consumer electronics to drive market      284

13.4.7      LITHIUM TITANATE OXIDE (LTO)            284

13.4.7.1  High security and stability due to low operating voltage to boost demand  284

13.4.8      LITHIUM MANGANESE OXIDE (LMO)     284

13.4.8.1  Low internal resistance and high thermal stability to drive segmental growth 284

13.4.9      LITHIUM NICKEL COBALT ALUMINIUM OXIDE (NCA)                 285

13.4.9.1  Power and automotive industries to offer lucrative growth opportunities         285

14            APPENDIX           286

14.1         DISCUSSION GUIDE        286

14.2         KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL                289

14.3         CUSTOMIZATION OPTIONS        291

14.4         RELATED REPORTS         291

14.5         AUTHOR DETAILS           292

LIST OF TABLES

TABLE 1                BATTERY MATERIALS MARKET SNAPSHOT: 2025 VS. 2030 48

TABLE 2                LIST OF OEM ANNOUNCEMENTS ON ELECTRIC CARS AS OF JULY 2021    56

TABLE 3                ELECTRIC CAR SALES, BY KEY COUNTRY, 2020–2023, (MILLION UNITS) 57

TABLE 4                REAL GDP GROWTH (ANNUAL PERCENTAGE CHANGE), BY KEY COUNTRY,

2022–2024 (%)     61

TABLE 5                UNEMPLOYMENT RATE, BY KEY COUNTRY, 2022–2024 (%)     62

TABLE 6                INFLATION RATE AVERAGE CONSUMER PRICES, BY KEY COUNTRY, 2022–2024 (%)               62

TABLE 7                FOREIGN DIRECT INVESTMENT, BY REGION, 2022 & 2023 (USD BILLION)          62

TABLE 8                ROLES OF COMPANIES IN BATTERY MATERIALS ECOSYSTEM       64

TABLE 9                BATTERY MATERIALS MARKET: PORTER’S FIVE FORCES ANALYSIS           66

TABLE 10              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION (%)                 68

TABLE 11              KEY BUYING CRITERIA, BY APPLICATION                 69

TABLE 12              AVERAGE SELLING PRICE OF BATTERY MATERIALS, BY REGION,

2022–2024 (USD/KG)        70

TABLE 13              AVERAGE SELLING PRICE OF BATTERY MATERIALS, BY ANODE MATERIAL,

2024 (USD/KG)  70

TABLE 14              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  73

TABLE 15              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  74

TABLE 16              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  74

TABLE 17              BATTERY MATERIALS MARKET: KEY CONFERENCES AND EVENTS, 2025–2026                 75

TABLE 18              BATTERY MATERIALS MARKET: LIST OF MAJOR PATENTS, 2014–2024        77

TABLE 19              IMPORT DATA FOR HS CODE 850650, BY KEY COUNTRY,

2021–2024 (USD THOUSAND)      82

TABLE 20              EXPORT DATA FOR HS CODE 850650, BY KEY COUNTRY,

2021–2024 (USD THOUSAND)      83

TABLE 21              LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2021–2024 (KILOTON)      91

TABLE 22              LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2025–2030 (KILOTON)      92

TABLE 23              LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            92

TABLE 24              LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            92

TABLE 25              LITHIUM-ION BATTERY CATHODE MATERIALS MARKET, BY REGION,

2021–2024 (KILOTON)     93

TABLE 26              LITHIUM-ION BATTERY CATHODE MATERIALS MARKET, BY REGION,

2025–2030 (KILOTON)     93

TABLE 27              LITHIUM-ION BATTERY CATHODE MATERIALS MARKET, BY REGION,

2021–2024 (USD MILLION)            93

TABLE 28              LITHIUM-ION BATTERY CATHODE MATERIALS MARKET, BY REGION,

2025–2030 (USD MILLION)            94

TABLE 29              CATHODE MATERIALS MARKET, BY TYPE, 2021–2024 (KILOTON)                94

TABLE 30              CATHODE MATERIALS MARKET, BY TYPE, 2025–2030 (KILOTON)                94

TABLE 31              CATHODE MATERIALS MARKET, BY TYPE, 2021–2024 (USD MILLION)       95

TABLE 32              CATHODE MATERIALS MARKET, BY TYPE, 2025–2030 (USD MILLION)       95

TABLE 33              LFP CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (KILOTON)  95

TABLE 34              LFP CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (KILOTON)  96

TABLE 35              LFP CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (USD MILLION)          96

TABLE 36              LFP CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (USD MILLION)          96

TABLE 37              LCO CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (KILOTON)  97

TABLE 38              LCO CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (KILOTON)  97

TABLE 39              LCO CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (USD MILLION)          97

TABLE 40              LCO CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (USD MILLION)          97

TABLE 41              NMC CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (KILOTON)  98

TABLE 42              NMC CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (KILOTON)  98

TABLE 43              NMC CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (USD MILLION)          98

TABLE 44              NMC CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (USD MILLION)          99

TABLE 45              NCA CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (KILOTON)  99

TABLE 46              NCA CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (KILOTON)  99

TABLE 47              NCA CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (USD MILLION)          100

TABLE 48              NCA CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (USD MILLION)          100

TABLE 49              LMO CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (KILOTON)  100

TABLE 50              LMO CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (KILOTON)  101

TABLE 51              LMO CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (USD MILLION)          101

TABLE 52              LMO CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (USD MILLION)          101

TABLE 53              LITHIUM-ION BATTERY ANODE MATERIALS MARKET, BY REGION,

2021–2024 (KILOTON)     102

TABLE 54              LITHIUM-ION BATTERY ANODE MATERIALS MARKET, BY REGION,

2025–2030 (KILOTON)     102

TABLE 55              LITHIUM-ION BATTERY ANODE MATERIALS MARKET, BY REGION,

2021–2024 (USD MILLION)            102

TABLE 56              LITHIUM-ION BATTERY ANODE MATERIALS MARKET, BY REGION,

2025–2030 (USD MILLION)            103

TABLE 57              ANODE MATERIALS MARKET, BY TYPE, 2021–2024 (KILOTON)                103

TABLE 58              ANODE MATERIALS MARKET, BY TYPE, 2025–2030 (KILOTON)                103

TABLE 59              ANODE MATERIALS MARKET, BY TYPE, 2021–2024 (USD MILLION)       103

TABLE 60              ANODE MATERIALS MARKET, BY TYPE, 2025–2030 (USD MILLION)       104

TABLE 61              NATURAL GRAPHITE ANODE MATERIALS MARKET, BY REGION,

2021–2024 (KILOTON)     104

TABLE 62              NATURAL GRAPHITE ANODE MATERIALS MARKET, BY REGION,

2025–2030 (KILOTON)     104

TABLE 63              NATURAL GRAPHITE ANODE MATERIALS MARKET, BY REGION,

2021–2024 (USD MILLION)            105

TABLE 64              NATURAL GRAPHITE ANODE MATERIALS MARKET, BY REGION,

2025–2030 (USD MILLION)            105

TABLE 65              ARTIFICIAL GRAPHITE ANODE MATERIALS MARKET, BY REGION,

2021–2024 (KILOTON)  105

TABLE 66              ARTIFICIAL GRAPHITE ANODE MATERIALS MARKET, BY REGION,

2025–2030 (KILOTON)     106

TABLE 67              ARTIFICIAL GRAPHITE ANODE MATERIALS MARKET, BY REGION,

2021–2024 (USD MILLION)            106

TABLE 68              ARTIFICIAL GRAPHITE ANODE MATERIALS MARKET, BY REGION,

2025–2030 (USD MILLION)            106

TABLE 69              OTHER ANODE MATERIALS MARKET, BY REGION, 2021–2024 (KILOTON)  107

TABLE 70              OTHER ANODE MATERIALS MARKET, BY REGION, 2025–2030 (KILOTON)  107

TABLE 71              OTHER ANODE MATERIALS MARKET, BY REGION, 2021–2024 (USD MILLION)          107

TABLE 72              OTHER ANODE MATERIALS MARKET, BY REGION, 2025–2030 (USD MILLION)          107

TABLE 73              LITHIUM-ION BATTERY ELECTROLYTE MATERIALS MARKET, BY REGION,

2021–2024 (KILOTON)     108

TABLE 74              LITHIUM-ION BATTERY ELECTROLYTE MATERIALS MARKET, BY REGION,

2025–2030 (KILOTON)     108

TABLE 75              LITHIUM-ION BATTERY ELECTROLYTE MATERIALS MARKET, BY REGION,

2021–2024 (USD MILLION)            108

TABLE 76              LITHIUM-ION BATTERY ELECTROLYTE MATERIALS MARKET, BY REGION,

2025–2030 (USD MILLION)          109

TABLE 77              LITHIUM-ION BATTERY OTHER MATERIALS MARKET, BY REGION,

2021–2024 (KILOTON)     109

TABLE 78              LITHIUM-ION BATTERY OTHER MATERIALS MARKET, BY REGION,

2025–2030 (KILOTON)     109

TABLE 79              LITHIUM-ION BATTERY OTHER MATERIALS MARKET, BY REGION,

2021–2024 (USD MILLION)            110

TABLE 80              LITHIUM-ION BATTERY OTHER MATERIALS MARKET, BY REGION,

2025–2030 (USD MILLION)            110

TABLE 81              LEAD-ACID BATTERY MATERIALS MARKET, BY MATERIAL, 2021–2024 (KILOTON)             111

TABLE 82              LEAD-ACID BATTERY MATERIALS MARKET, BY MATERIAL, 2025–2030 (KILOTON)             111

TABLE 83              LEAD-ACID BATTERY MATERIALS MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            112

TABLE 84              LEAD-ACID BATTERY MATERIALS MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            112

TABLE 85              LEAD-ACID BATTERY CATHODE MATERIALS MARKET, BY REGION,

2021–2024 (KILOTON)     112

TABLE 86              LEAD-ACID BATTERY CATHODE MATERIALS MARKET, BY REGION,

2025–2030 (KILOTON)     113

TABLE 87              LEAD-ACID BATTERY CATHODE MATERIALS MARKET, BY REGION,

2021–2024 (USD MILLION)            113

TABLE 88              LEAD-ACID BATTERY CATHODE MATERIALS MARKET, BY REGION,

2025–2030 (USD MILLION)            113

TABLE 89              LEAD-ACID BATTERY ANODE MATERIALS MARKET, BY REGION,

2021–2024 (KILOTON)     114

TABLE 90              LEAD-ACID BATTERY ANODE MATERIALS MARKET, BY REGION,

2025–2030 (KILOTON)     114

TABLE 91              LEAD-ACID BATTERY ANODE MATERIALS MARKET, BY REGION,

2021–2024 (USD MILLION)            114

TABLE 92              LEAD-ACID BATTERY ANODE MATERIALS MARKET, BY REGION,

2025–2030 (USD MILLION)            114

TABLE 93              LEAD-ACID BATTERY ELECTROLYTE MATERIALS MARKET, BY REGION,

2021–2024 (KILOTON)     115

TABLE 94              LEAD-ACID BATTERY ELECTROLYTE MATERIALS MARKET, BY REGION,

2025–2030 (KILOTON)     115

TABLE 95              LEAD-ACID BATTERY ELECTROLYTE MATERIALS MARKET, BY REGION,

2021–2024 (USD MILLION)            115

TABLE 96              LEAD-ACID BATTERY ELECTROLYTE MATERIALS MARKET, BY REGION,

2025–2030 (USD MILLION)            116

TABLE 97              LEAD-ACID BATTERY OTHER MATERIALS MARKET, BY REGION,

2021–2024 (KILOTON)     116

TABLE 98              LEAD-ACID BATTERY OTHER MATERIALS MARKET, BY REGION,

2025–2030 (KILOTON)     116

TABLE 99              LEAD-ACID BATTERY OTHER MATERIALS MARKET, BY REGION,

2021–2024 (USD MILLION)            117

TABLE 100            LEAD-ACID BATTERY OTHER MATERIALS MARKET, BY REGION,

2025–2030 (USD MILLION)            117

TABLE 101            LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION,

2021–2024 (KILOTON)     120

TABLE 102            LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION,

2025–2030 (KILOTON)     120

TABLE 103            LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            121

TABLE 104            LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            121

TABLE 105            LITHIUM-ION BATTERY MATERIALS MARKET IN PORTABLE DEVICES, BY REGION,  2021–2024 (KILOTON)                 122

TABLE 106            LITHIUM-ION BATTERY MATERIALS MARKET IN PORTABLE DEVICES, BY REGION,  2025–2030 (KILOTON)                 122

TABLE 107            LITHIUM-ION BATTERY MATERIALS MARKET IN PORTABLE DEVICES, BY REGION,  2021–2024 (USD MILLION)                 122

TABLE 108            LITHIUM-ION BATTERY MATERIALS MARKET IN PORTABLE DEVICES, BY REGION,  2025–2030 (USD MILLION)                 123

TABLE 109            LITHIUM-ION BATTERY MATERIALS MARKET IN ELECTRIC VEHICLES, BY REGION,  2021–2024 (KILOTON)                 123

TABLE 110            LITHIUM-ION BATTERY MATERIALS MARKET IN ELECTRIC VEHICLES, BY REGION,  2025–2030 (KILOTON)                 124

TABLE 111            LITHIUM-ION BATTERY MATERIALS MARKET IN ELECTRIC VEHICLES, BY REGION,  2021–2024 (USD MILLION)                 124

TABLE 112            LITHIUM-ION BATTERY MATERIALS MARKET IN ELECTRIC VEHICLES, BY REGION,  2025–2030 (USD MILLION)                 124

TABLE 113            LITHIUM-ION BATTERY MATERIALS MARKET IN INDUSTRIAL, BY REGION,

2021–2024 (KILOTON)     125

TABLE 114            LITHIUM-ION BATTERY MATERIALS MARKET IN INDUSTRIAL, BY REGION,

2025–2030 (KILOTON)     125

TABLE 115            LITHIUM-ION BATTERY MATERIALS MARKET IN INDUSTRIAL, BY REGION,

2021–2024 (USD MILLION)            125

TABLE 116            LITHIUM-ION BATTERY MATERIALS MARKET IN INDUSTRIAL, BY REGION,

2025–2030 (USD MILLION)            126

TABLE 117            LITHIUM-ION BATTERY MATERIALS MARKET IN OTHER APPLICATIONS, BY REGION,  2021–2024 (KILOTON)                 126

TABLE 118            LITHIUM-ION BATTERY MATERIALS MARKET IN OTHER APPLICATIONS, BY REGION,  2025–2030 (KILOTON)                 127

TABLE 119            LITHIUM-ION BATTERY MATERIALS MARKET IN OTHER APPLICATIONS,  BY REGION, 2021–2024 (USD MILLION)                 127

TABLE 120            LITHIUM-ION BATTERY MATERIALS MARKET IN OTHER APPLICATIONS,  BY REGION, 2025–2030 (USD MILLION)                 127

TABLE 121            LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION,

2021–2024 (KILOTON)     128

TABLE 122            LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION,

2025–2030 (KILOTON)     128

TABLE 123            LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            129

TABLE 124            LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            129

TABLE 125            LEAD-ACID BATTERY MATERIALS MARKET IN AUTOMOTIVE, BY REGION,

2021–2024 (KILOTON)     129

TABLE 126            LEAD-ACID BATTERY MATERIALS MARKET IN AUTOMOTIVE, BY REGION,

2025–2030 (KILOTON)     130

TABLE 127            LEAD-ACID BATTERY MATERIALS MARKET IN AUTOMOTIVE, BY REGION,

2021–2024 (USD MILLION)            130

TABLE 128            LEAD-ACID BATTERY MATERIALS MARKET IN AUTOMOTIVE, BY REGION,

2025–2030 (USD MILLION)            130

TABLE 129            LEAD-ACID BATTERY MATERIALS MARKET IN INDUSTRIAL, BY REGION,

2021–2024 (KILOTON)     131

TABLE 130            LEAD-ACID BATTERY MATERIALS MARKET IN INDUSTRIAL, BY REGION,

2025–2030 (KILOTON)     131

TABLE 131            LEAD-ACID BATTERY MATERIALS MARKET IN INDUSTRIAL, BY REGION,

2021–2024 (USD MILLION)            131

TABLE 132            LEAD-ACID BATTERY MATERIALS MARKET IN INDUSTRIAL, BY REGION,

2025–2030 (USD MILLION)            132

TABLE 133            BATTERY MATERIALS MARKET, BY BATTERY TYPE, 2021–2024 (KILOTON)        134

TABLE 134            BATTERY MATERIALS MARKET, BY BATTERY TYPE, 2025–2030 (KILOTON)        135

TABLE 135            BATTERY MATERIALS MARKET, BY BATTERY TYPE, 2021–2024 (USD MILLION)                135

TABLE 136            BATTERY MATERIALS MARKET, BY BATTERY TYPE, 2025–2030 (USD MILLION)                135

TABLE 137            LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2021–2024 (KILOTON)            136

TABLE 138            LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2025–2030 (KILOTON)            136

TABLE 139            LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION,

2021–2024 (USD MILLION)            136

TABLE 140            LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION,

2025–2030 (USD MILLION)            136

TABLE 141            LEAD-ACID BATTERY MATERIALS MARKET, BY REGION, 2021–2024 (KILOTON)  137

TABLE 142            LEAD-ACID BATTERY MATERIALS MARKET, BY REGION, 2025–2030 (KILOTON)  137

TABLE 143            LEAD-ACID BATTERY MATERIALS MARKET, BY REGION, 2021–2024 (USD MILLION)          137

TABLE 144            LEAD-ACID BATTERY MATERIALS MARKET, BY REGION, 2025–2030 (USD MILLION)          138

TABLE 145            OTHER BATTERY MATERIALS MARKET, BY REGION, 2021–2024 (KILOTON)  138

TABLE 146            OTHER BATTERY MATERIALS MARKET, BY REGION, 2025–2030 (KILOTON)  138

TABLE 147            OTHER BATTERY MATERIALS MARKET, BY REGION, 2021–2024 (USD MILLION)          139

TABLE 148            OTHER BATTERY MATERIALS MARKET, BY REGION, 2025–2030 (USD MILLION)          139

TABLE 149            BATTERY MATERIALS MARKET, BY REGION, 2021–2024 (USD MILLION)            141

TABLE 150            BATTERY MATERIALS MARKET, BY REGION, 2025–2030 (USD MILLION)            141

TABLE 151            BATTERY MATERIALS MARKET, BY REGION, 2021–2024 (KILOTON)     142

TABLE 152            BATTERY MATERIALS MARKET, BY REGION, 2025–2030 (KILOTON)     142

TABLE 153            ASIA PACIFIC: BATTERY MATERIALS MARKET, BY COUNTRY, 2021–2024 (KILOTON)       143

TABLE 154            ASIA PACIFIC: BATTERY MATERIALS MARKET, BY COUNTRY, 2025–2030 (KILOTON)       144

TABLE 155            ASIA PACIFIC: BATTERY MATERIALS MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            144

TABLE 156            ASIA PACIFIC: BATTERY MATERIALS MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            144

TABLE 157            ASIA PACIFIC: BATTERY MATERIALS MARKET, BY BATTERY TYPE,

2021–2024 (KILOTON)     145

TABLE 158            ASIA PACIFIC: BATTERY MATERIALS MARKET, BY BATTERY TYPE,

2025–2030 (KILOTON)     145

TABLE 159            ASIA PACIFIC: BATTERY MATERIALS MARKET, BY BATTERY TYPE,

2021–2024 (USD MILLION)            145

TABLE 160            ASIA PACIFIC: BATTERY MATERIALS MARKET, BY BATTERY TYPE,

2025–2030 (USD MILLION)            145

TABLE 161            ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY MATERIAL,  2021–2024 (KILOTON)         146

TABLE 162            ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY MATERIAL,  2025–2030 (KILOTON)         146

TABLE 163            ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY MATERIAL,  2021–2024 (USD MILLION)            146

TABLE 164            ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY MATERIAL,  2025–2030 (USD MILLION)            147

TABLE 165            ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY CATHODE MATERIAL, 2021–2024 (KILOTON)         147

TABLE 166            ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY CATHODE MATERIAL, 2025–2030 (KILOTON)         147

TABLE 167            ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY CATHODE MATERIAL, 2021–2024 (USD MILLION)            148

TABLE 168            ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY CATHODE MATERIAL, 2025–2030 (USD MILLION)            148

TABLE 169            ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY ANODE MATERIAL,  2021–2024 (KILOTON)         148

TABLE 170            ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY ANODE MATERIAL,  2025–2030 (KILOTON)         149

TABLE 171            ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY ANODE MATERIAL,  2021–2024 (USD MILLION)            149

TABLE 172            ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY ANODE MATERIAL,  2025–2030 (USD MILLION)            149

TABLE 173            ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION,  2021–2024 (KILOTON)                 149

TABLE 174            ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION,  2025–2030 (KILOTON)                 150

TABLE 175            ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION,  2021–2024 (USD MILLION)            150

TABLE 176            ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION,  2025–2030 (USD MILLION)            150

TABLE 177            ASIA PACIFIC: LEAD-ACID BATTERY MATERIALS MARKET, BY BATTERY MATERIALS,  2021–2024 (KILOTON)                 151

TABLE 178            ASIA PACIFIC: LEAD-ACID BATTERY MATERIALS MARKET, BY BATTERY MATERIAL,  2025–2030 (KILOTON)                 151

TABLE 179            ASIA PACIFIC: LEAD-ACID BATTERY MATERIALS MARKET, BY BATTERY MATERIAL,  2021–2024 (USD MILLION)                 151

TABLE 180            ASIA PACIFIC: LEAD-ACID BATTERY MATERIALS MARKET, BY BATTERY MATERIAL,  2025–2030 (USD MILLION)                 152

TABLE 181            ASIA PACIFIC: LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION,

2021–2024 (KILOTON)     152

TABLE 182            ASIA PACIFIC: LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION,

2025–2030 (KILOTON)     152

TABLE 183            ASIA PACIFIC: LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            152

TABLE 184            ASIA PACIFIC: LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            153

TABLE 185            NORTH AMERICA: BATTERY MATERIALS MARKET, BY COUNTRY,

2021–2024 (KILOTON)     155

TABLE 186            NORTH AMERICA: BATTERY MATERIALS MARKET, BY COUNTRY,

2025–2030 (KILOTON)     156

TABLE 187            NORTH AMERICA: BATTERY MATERIALS MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            156

TABLE 188            NORTH AMERICA: BATTERY MATERIALS MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            156

TABLE 189            NORTH AMERICA: BATTERY MATERIALS MARKET, BY BATTERY TYPE,

2021–2024 (KILOTON)     156

TABLE 190            NORTH AMERICA: BATTERY MATERIALS MARKET, BY BATTERY TYPE,

2025–2030 (KILOTON)     157

TABLE 191            NORTH AMERICA: BATTERY MATERIALS MARKET, BY BATTERY TYPE,

2021–2024 (USD MILLION)            157

TABLE 192            NORTH AMERICA: BATTERY MATERIALS MARKET, BY BATTERY TYPE,

2025–2030 (USD MILLION)            157

TABLE 193            NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY MATERIAL, 2021–2024 (KILOTON)         157

TABLE 194            NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY MATERIAL, 2025–2030 (KILOTON)         158

TABLE 195            NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY MATERIAL, 2021–2024 (USD MILLION)            158

TABLE 196            NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY MATERIAL, 2025–2030 (USD MILLION)            158

TABLE 197            NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY CATHODE MATERIAL, 2021–2024 (KILOTON)         159

TABLE 198            NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY CATHODE MATERIAL, 2025–2030 (KILOTON)         159

TABLE 199            NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY CATHODE MATERIAL, 2021–2024 (USD MILLION)            159

TABLE 200            NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY CATHODE MATERIAL, 2025–2030 (USD MILLION)            160

TABLE 201            NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY ANODE MATERIAL, 2021–2024 (KILOTON)         160

TABLE 202            NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY ANODE MATERIAL, 2025–2030 (KILOTON)         160

TABLE 203            NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY ANODE MATERIAL, 2021–2024 (USD MILLION)            160

TABLE 204            NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY ANODE MATERIAL, 2025–2030 (USD MILLION)            161

TABLE 205            NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION,  2021–2024 (KILOTON)                 161

TABLE 206            NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET,  BY APPLICATION, 2025–2030 (KILOTON)                 161

TABLE 207            NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION,  2021–2024 (USD MILLION)            162

TABLE 208            NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION,  2025–2030 (USD MILLION)            162

TABLE 209            NORTH AMERICA: LEAD-ACID BATTERY MATERIALS MARKET, BY BATTERY MATERIALS, 2021–2024 (KILOTON)         162

TABLE 210            NORTH AMERICA: LEAD-ACID BATTERY MATERIALS MARKET, BY BATTERY MATERIALS, 2025–2030 (KILOTON)         163

TABLE 211            NORTH AMERICA: LEAD-ACID BATTERY MATERIALS MARKET, BY BATTERY MATERIAL, 2021–2024 (USD MILLION)            163

TABLE 212            NORTH AMERICA: LEAD-ACID BATTERY MATERIALS MARKET, BY BATTERY MATERIAL, 2025–2030 (USD MILLION)            163

TABLE 213            NORTH AMERICA: LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION, 2021–2024 (KILOTON)                 163

TABLE 214            NORTH AMERICA: LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION,  2025–2030 (KILOTON)                 164

TABLE 215            NORTH AMERICA: LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION,  2021–2024 (USD MILLION)            164

TABLE 216            NORTH AMERICA: LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION,  2025–2030 (USD MILLION)            164

TABLE 217            EUROPE: BATTERY MATERIALS MARKET, BY COUNTRY, 2021–2024 (KILOTON)              166

TABLE 218            EUROPE: BATTERY MATERIALS MARKET, BY COUNTRY, 2025–2030 (KILOTON)              166

TABLE 219            EUROPE: BATTERY MATERIALS MARKET, BY COUNTRY, 2021–2024 (USD MILLION)     166

TABLE 220            EUROPE: BATTERY MATERIALS MARKET, BY COUNTRY, 2025–2030 (USD MILLION)     166

TABLE 221            EUROPE: BATTERY MATERIALS MARKET, BY BATTERY TYPE,

2021–2024 (KILOTON)     167

TABLE 222            EUROPE: BATTERY MATERIALS MARKET, BY BATTERY TYPE,

2025–2030 (KILOTON)     167

TABLE 223            EUROPE: BATTERY MATERIALS MARKET, BY BATTERY TYPE,

2021–2024 (USD MILLION)            167

TABLE 224            EUROPE: BATTERY MATERIALS MARKET, BY BATTERY TYPE,

2025–2030 (USD MILLION)            167

TABLE 225            EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY MATERIAL,  2021–2024 (KILOTON)                 168

TABLE 226            EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY MATERIAL,  2025–2030 (KILOTON)                 168

TABLE 227            EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY MATERIAL,  2021–2024 (USD MILLION)                 168

TABLE 228            EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY MATERIAL,  2025–2030 (USD MILLION)                 169

TABLE 229            EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY CATHODE MATERIAL,  2021–2024 (KILOTON)                 169

TABLE 230            EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY CATHODE MATERIAL,  2025–2030 (KILOTON)                 169

TABLE 231            EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY CATHODE MATERIAL,  2021–2024 (USD MILLION)                 170

TABLE 232            EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY CATHODE MATERIAL,  2025–2030 (USD MILLION)                 170

TABLE 233            EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY ANODE MATERIAL,  2021–2024 (KILOTON)                 170

TABLE 234            EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY ANODE MATERIAL,  2025–2030 (KILOTON)                 171

TABLE 235            EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY ANODE MATERIAL,  2021–2024 (USD MILLION)                 171

TABLE 236            EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY ANODE MATERIAL,  2025–2030 (USD MILLION)                 171

TABLE 237            EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION,

2021–2024 (KILOTON)     171

TABLE 238            EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION,

2025–2030 (KILOTON)     172

TABLE 239            EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            172

TABLE 240            EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            172

TABLE 241            EUROPE: LEAD-ACID BATTERY MATERIALS MARKET, BY BATTERY MATERIALS,  2021–2024 (KILOTON)                 173

TABLE 242            EUROPE: LEAD-ACID BATTERY MATERIALS MARKET, BY BATTERY MATERIALS,  2025–2030 (KILOTON)                 173

TABLE 243            EUROPE: LEAD-ACID BATTERY MATERIALS MARKET, BY BATTERY MATERIAL,  2021–2024 (USD MILLION)                 173

TABLE 244            EUROPE: LEAD-ACID BATTERY MATERIALS MARKET, BY BATTERY MATERIAL,  2025–2030 (USD MILLION)                 174

TABLE 245            EUROPE: LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION,

2021–2024 (KILOTON)     174

TABLE 246            EUROPE: LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION,

2025–2030 (KILOTON)     174

TABLE 247            EUROPE: LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            174

TABLE 248            EUROPE: LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            175

TABLE 249            REST OF THE WORLD: BATTERY MATERIALS MARKET, BY COUNTRY,

2021–2024 (KILOTON)     177

TABLE 250            REST OF THE WORLD: BATTERY MATERIALS MARKET, BY COUNTRY,

2025–2030 (KILOTON)     177

TABLE 251            REST OF THE WORLD: BATTERY MATERIALS MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            177

TABLE 252            REST OF THE WORLD: BATTERY MATERIALS MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            177

TABLE 253            REST OF THE WORLD: BATTERY MATERIALS MARKET, BY BATTERY TYPE,

2021–2024 (KILOTON)     178

TABLE 254            REST OF THE WORLD: BATTERY MATERIALS MARKET, BY BATTERY TYPE,

2025–2030 (KILOTON)     178

TABLE 255            REST OF THE WORLD: BATTERY MATERIALS MARKET, BY BATTERY TYPE,

2021–2024 (USD MILLION)            178

TABLE 256            REST OF THE WORLD: BATTERY MATERIALS MARKET, BY BATTERY TYPE,

2025–2030 (USD MILLION)            178

TABLE 257            REST OF THE WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY MATERIAL, 2021–2024 (KILOTON)         179

TABLE 258            REST OF THE WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY MATERIAL, 2025–2030 (KILOTON)         179

TABLE 259            REST OF THE WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY MATERIAL, 2021–2024 (USD MILLION)            179

TABLE 260            REST OF THE WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY MATERIAL, 2025–2030 (USD MILLION)            180

TABLE 261            REST OF THE WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY CATHODE MATERIAL, 2021–2024 (KILOTON)         180

TABLE 262            REST OF THE WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY CATHODE MATERIAL, 2025–2030 (KILOTON)         180

TABLE 263            REST OF THE WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY CATHODE MATERIAL, 2021–2024 (USD MILLION)            181

TABLE 264            REST OF THE WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY CATHODE MATERIAL, 2025–2030 (USD MILLION)            181

TABLE 265            REST OF THE WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY ANODE MATERIAL, 2021–2024 (KILOTON)         181

TABLE 266            REST OF THE WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY ANODE MATERIAL, 2025–2030 (KILOTON)         182

TABLE 267            REST OF THE WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY ANODE MATERIAL, 2021–2024 (USD MILLION)            182

TABLE 268            REST OF THE WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY ANODE MATERIAL, 2025–2030 (USD MILLION)            182

TABLE 269            REST OF THE WORLD: LITHIUM-ION BATTERY MATERIALS MARKET,

BY APPLICATION, 2021–2024 (KILOTON)                182

TABLE 270            REST OF THE WORLD: LITHIUM-ION BATTERY MATERIALS MARKET,

BY APPLICATION, 2025–2030 (KILOTON)                183

TABLE 271            REST OF THE WORLD: LITHIUM-ION BATTERY MATERIALS MARKET,

BY APPLICATION, 2021–2024 (USD MILLION)       183

TABLE 272            REST OF THE WORLD: LITHIUM-ION BATTERY MATERIALS MARKET,

BY APPLICATION, 2025–2030 (USD MILLION)       183

TABLE 273            REST OF THE WORLD: LEAD-ACID BATTERY MATERIALS MARKET, BY BATTERY MATERIAL, 2021–2024 (KILOTON)         184

TABLE 274            REST OF THE WORLD: LEAD-ACID BATTERY MATERIALS MARKET, BY BATTERY MATERIAL, 2025–2030 (KILOTON)         184

TABLE 275            REST OF THE WORLD: LEAD-ACID BATTERY MATERIALS MARKET, BY BATTERY MATERIALS, 2021–2024 (USD MILLION)            184

TABLE 276            REST OF THE WORLD: LEAD-ACID BATTERY MATERIALS MARKET, BY BATTERY MATERIAL, 2025–2030 (USD MILLION)            185

TABLE 277            REST OF THE WORLD: LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION,  2021–2024 (KILOTON)                 185

TABLE 278            REST OF THE WORLD: LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION,  2025–2030 (KILOTON)                 185

TABLE 279            REST OF THE WORLD: LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION,  2021–2024 (USD MILLION)            185

TABLE 280            REST OF THE WORLD: LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION,  2025–2030 (USD MILLION)            186

TABLE 281            BATTERY MATERIALS MARKET: OVERVIEW OF STRATEGIES ADOPTED

BY KEY PLAYERS, 2020–2025)        187

TABLE 282            BATTERY MATERIALS MARKET: DEGREE OF COMPETITION, 2024       190

TABLE 283            BATTERY MATERIALS MARKET: REGION FOOTPRINT       196

TABLE 284            BATTERY MATERIALS MARKET: APPLICATION FOOTPRINT       197

TABLE 285            BATTERY MATERIALS MARKET: MATERIAL FOOTPRINT       198

TABLE 286            BATERY MATERIALS MARKET: DETAILED LIST OF KEY STARTUPS/SMES              201

TABLE 287            BATTERY MATERIALS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES          202

TABLE 288            BATTERY MATERIALS MARKET: PRODUCT LAUNCHES, JANUARY 2020– JULY 2025    204

TABLE 289            BATTERY MATERIALS MARKET: DEALS, JANUARY 2020– JULY 2025              205

TABLE 290            BATTERY MATERIALS MARKET: EXPANSIONS, JANUARY 2020 – JULY 2025             206

TABLE 291            UMICORE: COMPANY OVERVIEW             208

TABLE 292            UMICORE: PRODUCTS OFFERED              209

TABLE 293            UMICORE: DEALS, JANUARY 2020– JULY 2025                 210

TABLE 294            UMICORE: EXPANSIONS, JANUARY 2020– JULY 2025        211

TABLE 295            ASAHI KASEI CORPORATION: COMPANY OVERVIEW          213

TABLE 296            ASAHI KASEI CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    214

TABLE 297            ASAHI KASEI CORPORATION: DEALS, JANUARY 2020– JULY 2025 215

TABLE 298            ASAHI KASEI CORPORATION: EXPANSIONS, JANUARY 2020– JULY 2025              216

TABLE 299            MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY OVERVIEW 218

TABLE 300            MITSUBISHI CHEMICAL GROUP CORPORATION: PRODUCTS OFFERED  219

TABLE 301            MITSUBISHI CHEMICAL GROUP CORPORATION: DEALS,

JANUARY 2020– JULY 2025              219

TABLE 302            MITSUBISHI CHEMICAL GROUP CORPORATION: EXPANSIONS,

JANUARY 2020– JULY 2025              220

TABLE 303            POSCO FUTURE M: COMPANY OVERVIEW                 221

TABLE 304            POSCO FUTURE M: PRODUCTS OFFERED                 222

TABLE 305            POSCO FUTURE M: PRODUCT LAUNCHES, JANUARY 2020– JULY 2025              223

TABLE 306            POSCO FUTURE M: DEALS, JANUARY 2020– JULY 2025        223

TABLE 307            POSCO FUTURE M: EXPANSIONS, JANUARY 2020– JULY 2025 224

TABLE 308            EV METALS GROUP: COMPANY OVERVIEW                 227

TABLE 309            EV METALS GROUP: PRODUCTS OFFERED                 227

TABLE 310            EV METALS GROUP: DEALS, JANUARY 2020– JULY 2025             227

TABLE 311            RESONAC HOLDINGS CORPORATION: COMPANY OVERVIEW   228

TABLE 312            RESONAC HOLDINGS CORPORATION: PRODUCTS OFFERED    229

TABLE 313            RESONAC HOLDINGS CORPORATION: DEALS, JANUARY 2020– JULY 2025              230

TABLE 314            KUREHA CORPORATION: COMPANY OVERVIEW                 231

TABLE 315            KUREHA CORPORATION: PRODUCTS OFFERED                 232

TABLE 316            SUMITOMO METAL MINING CO., LTD.: COMPANY OVERVIEW   233

TABLE 317            SUMITOMO METAL MINING CO., LTD.: PRODUCTS OFFERED    234

TABLE 318            SUMITOMO METAL MINING CO., LTD.: DEALS, JANUARY 2020– JULY 2025              234

TABLE 319            SUMITOMO METAL MINING CO., LTD.: EXPANSIONS, JANUARY 2020– JULY 2025 235

TABLE 320            TORAY INDUSTRIES, INC.: COMPANY OVERVIEW          237

TABLE 321            TORAY INDUSTRIES, INC.: PRODUCTS OFFERED                 238

TABLE 322            TORAY INDUSTRIES, INC.: DEALS, JANUARY 2020– JULY 2025 239

TABLE 323            MITSUI MINING & SMELTING CO., LTD.: COMPANY OVERVIEW   240

TABLE 324            MITSUI MINING & SMELTING CO., LTD.: PRODUCTS OFFERED    241

TABLE 325            UBE CORPORATION: COMPANY OVERVIEW                 242

TABLE 326            UBE CORPORATION: PRODUCTS OFFERED                 243

TABLE 327            UBE CORPORATION: DEALS, JANUARY 2020– JULY 2025             244

TABLE 328            UBE CORPORATION: EXPANSIONS, JANUARY 2020– JULY 2025 244

TABLE 329            BASF: COMPANY OVERVIEW       245

TABLE 330            BASF: PRODUCTS OFFERED        246

TABLE 331            BASF: DEALS, JANUARY 2020– JULY 2025 247

TABLE 332            BASF: EXPANSIONS         247

TABLE 333            L&F CO., LTD.: COMPANY OVERVIEW    249

TABLE 334            L&F CO., LTD.: PRODUCTS OFFERED     250

TABLE 335            L&F CO., LTD.: EXPANSIONS, JANUARY 2020– JULY 2025             250

TABLE 336            TODA KOGYO CORP.: COMPANY OVERVIEW                 251

TABLE 337            TODA KOGYO CORP.: PRODUCTS OFFERED                 252

TABLE 338            TODA KOGYO CORP.: EXPANSIONS, JANUARY 2020– JULY 2025 252

TABLE 339            NEI CORPORATION: COMPANY OVERVIEW                 253

TABLE 340            NEI CORPORATION: PRODUCTS OFFERED                 253

TABLE 341            NEI CORPORATION: PRODUCT LAUNCHES, JANUARY 2020– JULY 2025              255

TABLE 342            NEI CORPORATION: CONTRACTS, JANUARY 2020– JULY 2025 256

TABLE 343            NEI CORPORATION: EXPANSIONS, JANUARY 2020– JULY 2025 256

TABLE 344            TANAKA CHEMICAL CORPORATION: COMPANY OVERVIEW          257

TABLE 345            TANAKA CHEMICAL CORPORATION: PRODUCTS OFFERED    258

TABLE 346            NINGBO SHANSHAN CO., LTD.: COMPANY OVERVIEW          259

TABLE 347            NINGBO SHANSHAN CO., LTD.: PRODUCTS OFFERED             260

TABLE 348            NINGBO SHANSHAN CO., LTD.: DEALS, JANUARY 2020– JULY 2025              261

TABLE 349            NINGBO SHANSHAN CO., LTD.: EXPANSIONS, JANUARY 2020– JULY 2025              261

TABLE 350            HAMMOND GROUP, INC.: COMPANY OVERVIEW                 263

TABLE 351            HAMMOND GROUP, INC.: PRODUCTS OFFERED                 263

TABLE 352            SINOMA SCIENCE & TECHNOLOGY CO., LTD.: COMPANY OVERVIEW   264

TABLE 353            SINOMA SCIENCE & TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        264

TABLE 354            SHANGHAI ENERGY NEW MATERIALS TECHNOLOGY CO., LTD.:

COMPANY OVERVIEW   265

TABLE 355            SHANGHAI ENERGY NEW MATERIALS TECHNOLOGY CO., LTD.:

PRODUCTS OFFERED    265

TABLE 356            SHANGHAI ENERGY NEW MATERIALS TECHNOLOGY CO., LTD.:

PRODUCT LAUNCHES, JANUARY 2020– JULY 2025               266

TABLE 357            SHANGHAI ENERGY NEW MATERIALS TECHNOLOGY CO., LTD.:

DEALS,  JANUARY 2020– JULY 2025           266

TABLE 358            SHANGHAI ENERGY NEW MATERIALS TECHNOLOGY CO., LTD.:

OTHERS,  JANUARY 2020– JULY 2025       267

TABLE 359            PENOX GROUP: COMPANY OVERVIEW  268

TABLE 360            PENOX GROUP: PRODUCTS OFFERED   268

TABLE 361            GRAVITA INDIA LTD.: COMPANY OVERVIEW                 269

TABLE 362            GRAVITA INDIA LTD.: PRODUCTS OFFERED                 270

TABLE 363            GRAVITA INDIA LTD.: EXPANSIONS, JANUARY 2020– JULY 2025 271

TABLE 364            NICHIA CORPORATION: COMPANY OVERVIEW                 272

TABLE 365            PULEAD TECHNOLOGY INDUSTRY: COMPANY OVERVIEW          272

TABLE 366            ENTEK: COMPANY OVERVIEW   273

TABLE 367            ENTEK: DEALS, JANUARY 2020– JULY 2025                 273

TABLE 368            ENTEK: EXPANSIONS, JANUARY 2020– JULY 2025                 274

TABLE 369            NEXEON LTD.: COMPANY OVERVIEW    275

TABLE 370            NEXEON LTD.: DEALS, JANUARY 2020– JULY 2025                 276

TABLE 371            NEXEON LTD.: EXPANSIONS, JANUARY 2020– JULY 2025             276

TABLE 372            ZHANGJIAGANG GUOTAI HUARONG CHEMICAL NEW MATERIAL:

COMPANY OVERVIEW   277

TABLE 373            ECOPRO BM: COMPANY OVERVIEW        277

TABLE 374            ASCEND ELEMENTS, INC.: COMPANY OVERVIEW          278

TABLE 375            ASCEND ELEMENTS, INC.: DEALS, JANUARY 2020– JULY 2025 278

TABLE 376            ASCEND ELEMENTS, INC.: EXPANSIONS, JANUARY 2020– JULY 2025              280

TABLE 377            LITHIUM-ION BATTERY MARKET, BY TYPE, 2019–2022 (USD BILLION)             282

TABLE 378            LITHIUM-ION BATTERY MARKET, BY TYPE, 2023–2032 (USD BILLION)             282

LIST OF FIGURES

FIGURE 1              BATTERY MATERIALS MARKET: SEGMENTATION AND REGIONAL SCOPE              32

FIGURE 2              BATTERY MATERIALS MARKET: RESEARCH DESIGN                36

FIGURE 3              MAIN MATRIX CONSIDERED TO ASSESS DEMAND FOR BATTERY MATERIALS      40

FIGURE 4              MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH              41

FIGURE 5              MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH                41

FIGURE 6              METHODOLOGY USED FOR SUPPLY-SIDE SIZING OF BATTERY MATERIALS              42

FIGURE 7              BATTERY MATERIALS MARKET: DATA TRIANGULATION             44

FIGURE 8              LITHIUM-ION SEGMENT TO REGISTER HIGHEST GROWTH DURING

FORECAST PERIOD         48

FIGURE 9              ELECTRIC VEHICLE SEGMENT TO REGISTER HIGHEST GROWTH DURING

FORECAST PERIOD         49

FIGURE 10            INDUSTRIAL SEGMENT TO REGISTER HIGHER GROWTH DURING FORECAST PERIOD  50

FIGURE 11            ASIA PACIFIC ACCOUNTED FOR LARGEST MARKET SHARE IN 2024 51

FIGURE 12            DECLINING LITHIUM-ION PRICES TO CREATE LUCRATIVE

OPPORTUNITIES FOR MARKET PLAYERS              52

FIGURE 13            ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD         52

FIGURE 14            LITHIUM-ION SEGMENT TO WITNESS HIGH GROWTH FROM 2025 TO 2030     53

FIGURE 15            ELECTRIC VEHICLE SEGMENT TO REGISTER HIGHEST CAGR DURING

FORECAST PERIOD         53

FIGURE 16            INDUSTRIAL SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD          54

FIGURE 17            INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD         54

FIGURE 18            BATTERY MATERIALS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES          55

FIGURE 19            GLOBAL COMBINED SALES OF BATTERY ELECTRIC VEHICLES AND

PLUG-IN HYBRIDS           57

FIGURE 20            VOLUME-WEIGHTED AVERAGE LITHIUM-ION BATTERY PACK AND

CELL PRICE, 2013–2024 (USD/KWH)          60

FIGURE 21            BATTERY MATERIALS MARKET: SUPPLY CHAIN ANALYSIS            63

FIGURE 22            BATTERY MATERIALS MARKET: ECOSYSTEM MAPPING             64

FIGURE 23            BATTERY MATERIALS MARKET: PORTER’S FIVE FORCES ANALYSIS           65

FIGURE 24            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION        68

FIGURE 25            KEY BUYING CRITERIA, BY APPLICATION                 68

FIGURE 26            AVERAGE SELLING PRICE OF NATURAL GRAPHITE, BY REGION,

2022–2024 (USD/KG)        69

FIGURE 27            AVERAGE SELLING PRICE OF BATTERY MATERIALS, BY ANODE MATERIAL,

2024 (USD/KG) 70

FIGURE 28            AVERAGE SELLING PRICE TREND OF LITHIUM CARBONATE, BY KEY PLAYERS, 2024        71

FIGURE 29            AVERAGE SELLING PRICE OF COBALT, BY REGION, 2021–2024           71

FIGURE 30            AVERAGE SELLING PRICE OF NICKEL, BY REGION, 2021–2024           72

FIGURE 31            LIST OF MAJOR PATENTS RELATED TO BATTERY MATERIALS, 2014–2024               76

FIGURE 32            IMPORT DATA RELATED TO HS CODE 850650, BY KEY COUNTRY,

2021–2024 (USD THOUSAND)      82

FIGURE 33            EXPORT DATA RELATED TO HS CODE 850650, BY KEY COUNTRY,

2021–2024 (USD THOUSAND)      83

FIGURE 34            TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS   84

FIGURE 35            BATTERY MATERIALS MARKET: INVESTMENT AND FUNDING SCENARIO,

2019–2025              85

FIGURE 36            CATHODE MATERIAL CONTINUES TO BE LARGEST SEGMENT IN MARKET                91

FIGURE 37            CATHODE MATERIAL TO BE THE LARGEST GROWING SEGMENT IN THE MARKET   111

FIGURE 38            ELECTRIC VEHICLES SEGMENT TO BE FASTEST-GROWING SEGMENT

DURING FORECAST PERIOD       120

FIGURE 39            ELECTRIC VEHICLES SEGMENT TO BE FASTEST-GROWING SEGMENT

IN MARKET DURING FORECAST PERIOD               128

FIGURE 40            LITHIUM-ION TO BE FASTEST-GROWING SEGMENT IN MARKET   134

FIGURE 41            ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE OF BATTERY MATERIALS

MARKET IN 2025                141

FIGURE 42            ASIA PACIFIC: BATTERY MATERIALS MARKET SNAPSHOT          143

FIGURE 43            NORTH AMERICA: BATTERY MATERIALS MARKET SNAPSHOT       155

FIGURE 44            EUROPE: BATTERY MATERIALS MARKET SNAPSHOT          165

FIGURE 45            REST OF THE WORLD: BATTERY MATERIALS MARKET SNAPSHOT       176

FIGURE 46            BATTERY MATERIALS MARKET: REVENUE ANALYSIS OF KEY COMPANIES,  2019–2024 (USD BILLION)                 189

FIGURE 47            BATTERY MATERIALS MARKET SHARE ANALYSIS, 2024  190

FIGURE 48            BATTERY MATERIALS MARKET: BRAND/PRODUCT COMPARISON             192

FIGURE 49            BATTERY MATERIALS MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2024       194

FIGURE 50            BATTERY MATERIALS MARKET: COMPANY FOOTPRINT       195

FIGURE 51            BATTERY MATERIALS MARKET: COMPANY EVALUATION MATRIX

(STARTUPS/SMES), 2024                200

FIGURE 52            BATTERY MATERIALS MARKET: EV/EBITDA                 203

FIGURE 53            BATTERY MATERIALS MARKET: ENTERPRISE VALUE (USD BILLION)  203

FIGURE 54            BATTERY MATERIALS MARKET: YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND FIVE-YEAR STOCK BETA OF KEY MANUFACTURERS 204

FIGURE 55            UMICORE: COMPANY SNAPSHOT             209

FIGURE 56            ASAHI KASEI CORPORATION: COMPANY SNAPSHOT          214

FIGURE 57            MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY SNAPSHOT 218

FIGURE 58            POSCO FUTURE M: COMPANY SNAPSHOT                 221

FIGURE 59            RESONAC HOLDINGS CORPORATION: COMPANY SNAPSHOT   229

FIGURE 60            KUREHA CORPORATION: COMPANY SNAPSHOT                 231

FIGURE 61            SUMITOMO METAL MINING CO., LTD.: COMPANY SNAPSHOT   233

FIGURE 62            TORAY INDUSTRIES, INC.: COMPANY SNAPSHOT          238

FIGURE 63            MITSUI MINING & SMELTING CO., LTD.: COMPANY SNAPSHOT   241

FIGURE 64            UBE CORPORATION: COMPANY SNAPSHOT                 243

FIGURE 65            BASF: COMPANY SNAPSHOT      246

FIGURE 66            L&F CO., LTD.: COMPANY SNAPSHOT    249

FIGURE 67            TODA KOGYO CORP.: COMPANY SNAPSHOT                 251

FIGURE 68            TANAKA CHEMICAL CORPORATION: COMPANY SNAPSHOT          257

FIGURE 69            NINGBO SHANSHAN CO., LTD.: COMPANY SNAPSHOT          259

FIGURE 70            GRAVITA INDIA LTD.: COMPANY SNAPSHOT                 270