リチウムイオン電池材料市場 : 2028年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2023年11月

Lithium-Ion Battery Materials Market – Global Forecast to 2028

リチウムイオン電池材料市場 : バッテリーケミストリー (LFP、LCO、NMC、NCA、LMO)、材料 (カソード、アノード、電解質)、用途 (ポータブルデバイス、電気自動車、産業)、地域 (APAC、ヨーロッパ、北米、ROW) – 2028年までの世界予測
Lithium-ion Battery Materials Market by Battery Chemistry (LFP, LCO, NMC, NCA, LMO), Material (Cathode, Anode, Electrolyte), Application (Portable Device, Electric Vehicle, Industrial), & Region (APAC, Europe, North America, ROW) – Global Forecast to 2028

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Report Overview

The Lithium-ion battery materials market is projected to grow from USD 34.2 billion in 2023 to USD 97.5 billion by 2028, at a CAGR of 23.3% from 2023 to 2028. The market for lithium-ion battery materials is witnessing growth across different regions. Asia Pacific and North America are prominent markets. North America is growing rapidly due to increase in electric vehicle adoption and a growing renewable energy sector, while Asia Pacific is driven by electric vehicle expansion and a strong consumer electronics market, reflecting a strong demand for lithium-ion battery materials market.

リチウムイオン電池材料市場 : 2028年までの世界予測

“By battery chemistry, lithium iron phosphate (LFP)  segment accounted for the second-largest share in lithium-ion battery materials market in 2022.”
The lithium iron phosphate (LFP) segment held the second-largest share in 2022. These lithium iron phosphate (LFP) battery chemists are known for their ability to maintain performance over a long time, which makes them a reliable choice for applications that require sustained power, particularly in stationary energy storage systems and electric buses. Additionally, their stable thermal behavior ensures they don’t overheat, enhancing their safety in various uses. With a robust and enduring performance, LFP chemistry addresses safety concerns and offers cost-effective solutions for projects that require reliability and resilience.

“By material, the electrolyte material accounted for the second-largest share in lithium-ion battery materials market in 2022.”
The electrolyte material held the second-largest share in 2022. These materials facilitate the flow of ions between the battery’s anode and cathode, allowing for efficient energy storage and release. Their significance is increased as the market experiences a rise in electric vehicles and renewable energy projects, where battery safety and performance are crucial. Electrolyte materials that offer high ionic conductivity, thermal stability, and non-flammable characteristics are particularly in demand, contributing to their substantial market presence. Electrolyte materials are essential for the evolving lithium-ion battery landscape, offering solutions that align with the growing needs of clean energy and transportation sectors.

リチウムイオン電池材料市場 : 2028年までの世界予測 ecosystem

“By application, the portable devices segment accounted for the second-largest share in lithium-ion battery materials market in 2022.”
The portable devices held the second-largest share in 2022. The fast growth of smartphones, laptops, and wearables, coupled with the ever-increasing demand for longer battery life and faster charging, enhances the importance of lithium-ion batteries. These batteries power everyday gadgets, offering high energy density, extended cycle life, and lightweight design, making them the ideal choice for portable electronics.

“The Lithium-ion battery materials market in North America accounted for the second-largest share in 2022.”
North America was the second-largest consumer of lithium-ion battery materials market in 2022. The region has witnessed a remarkable growth in electric vehicle (EV) adoption, propelled by growing environmental consciousness, government incentives, and increasing consumer demand for sustainable transportation. This surge in EV production and infrastructure development has driven substantial demand for Lithium-ion batteries. Furthermore, North America’s growing consumer electronics sector and the ongoing expansion of renewable energy projects emphasize the importance of lithium-ion battery materials. The collective influence of these factors positions North America as a vital region in the Lithium-ion battery materials market.

リチウムイオン電池材料市場 : 2028年までの世界予測 region

Profile break-up of primary participants for the report:
• By Company Type: Tier 1 – 65%, Tier 2 –20%, and Tier 3 – 15%
• By Designation: C-level Executives – 25%, Directors – 30%, and Others – 45%
• By Region: North America – 30%, Europe –20%, Asia Pacific – 40%, Middle East & Africa-7%, South America –3%

The lithium-ion battery materials report is dominated by players, such as BASF SE (Germany), Umicore (Belgium), 3M (US), Sumitomo Metal Mining Co., Ltd. (Japan), Resonac Holding Corporation (Japan),  and others.

Research Coverage:
The report defines, segments, and projects the size of the lithium-ion battery materials market based on battery chemistry, materials, application, and region. It strategically profiles the key players and comprehensively analyzes their market share and core competencies. It also tracks and analyzes competitive developments, such as joint ventures, collaborations, partnerships, acquisitions, agreements, investments, and expansions undertaken by them in the market.


Reasons to Buy the Report:
The report is expected to help the market leaders/new entrants in the market by providing them with the closest approximations of revenue numbers of the lithium-ion battery materials market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses and make suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
• Analysis of key drivers (growth in the production of lithium-ion batteries, surge in demand for consumer electronics), restraints (substitute related to lithium-ion battery, safety concerns regarding the transportation and storage of lithium-ion battery), opportunities (growing R&D to enhance efficiency and upgrade the lithium-ion batteries, decline in the overall price of lithium-ion battery), and challenges (fluctuation in raw material prices) influencing the growth of the synthetic fuels market.

• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities in the lithium-ion battery materials market.

• Market Development: Comprehensive information about lucrative markets – the report analyses the Lithium-ion battery materials market across varied regions.

• Market Diversification: Exhaustive information about new products, various types, untapped geographies, recent developments, and investments in the lithium-ion battery materials market.

• Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players such as BASF SE (Germany), Umicore (Belgium), 3M (US), Sumitomo Metal Mining Co., Ltd. (Japan), Resonac Holding Corporation (Japan), POSCO FUTURE M (South Korea), Tanaka Chemical Corporation (Japan), Toda Kogyo Corp. (Japan), LANDF CORP. (South Korea), JFE Chemical Corporation (Japan), SGL Carbon (Germany), NEI Corporation (US), KUREHA CORPORATION (Japan), BTR New Material Group Co., Ltd. (China), UBE Corporation (Japan),  and others in the lithium-ion battery materials market.

Table of Contents

1            INTRODUCTION            36

1.1         STUDY OBJECTIVES      36

1.2         MARKET DEFINITION   36

1.2.1      INCLUSIONS AND EXCLUSIONS 37

TABLE 1             LITHIUM-ION BATTERY MATERIALS MARKET: INCLUSIONS AND EXCLUSIONS         37

1.3         MARKET SCOPE             37

FIGURE 1           LITHIUM-ION BATTERY MATERIALS MARKET SEGMENTATION           37

1.3.1      REGIONS COVERED      38

1.3.2      YEARS CONSIDERED     38

1.4         CURRENCY CONSIDERED          38

1.5         UNITS CONSIDERED     39

1.6         LIMITATIONS   39

1.7         STAKEHOLDERS            39

1.7.1      IMPACT OF RECESSION 39

2            RESEARCH METHODOLOGY     40

2.1         RESEARCH DATA           40

FIGURE 2           LITHIUM-ION BATTERY MATERIALS MARKET: RESEARCH DESIGN              40

2.1.1      SECONDARY DATA       41

2.1.1.1   Key data from secondary sources     41

2.1.2      PRIMARY DATA 41

2.1.2.1   Key data from primary sources         41

2.1.2.2   Companies participating in primary research 42

2.1.2.3   Breakdown of primary interviews     42

2.2         DEMAND-SIDE MATRIX CONSIDERED  43

FIGURE 3           MAIN MATRIX CONSIDERED TO CONSTRUCT AND ASSESS DEMAND FOR LITHIUM-ION BATTERY MATERIALS       43

2.3         MARKET SIZE ESTIMATION       43

2.3.1      BOTTOM-UP APPROACH           44

FIGURE 4           MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH  44

2.3.2      TOP-DOWN APPROACH             44

FIGURE 5           MARKET SIZE ESTIMATION: TOP-DOWN APPROACH    44

2.4         METHODOLOGY FOR SUPPLY-SIDE SIZING OF LITHIUM-ION BATTERY MATERIALS MARKET (1/2)     45

2.5         METHODOLOGY FOR SUPPLY-SIDE SIZING OF LITHIUM-ION BATTERY MATERIALS MARKET (2/2)     45

2.5.1      CALCULATIONS FOR SUPPLY-SIDE ANALYSIS   46

2.5.2      DATA TRIANGULATION             46

FIGURE 6           LITHIUM-ION BATTERY MATERIALS MARKET: DATA TRIANGULATION          46

2.5.3      GROWTH FORECAST    47

2.5.4      GROWTH RATE ASSUMPTIONS 47

2.5.5      RESEARCH ASSUMPTIONS         47

2.5.6      RESEARCH LIMITATIONS           48

2.5.7      RISK ANALYSIS 48

2.5.8      IMPACT OF RECESSION 48

3            EXECUTIVE SUMMARY 49

TABLE 2             LITHIUM-ION BATTERY MATERIALS MARKET SNAPSHOT: 2023 VS. 2028 49

FIGURE 7           CATHODE MATERIAL SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD     50

FIGURE 8           LITHIUM NICKEL MANGANESE COBALT SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 51

FIGURE 9           ELECTRIC VEHICLES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD     51

FIGURE 10         ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD              52

4            PREMIUM INSIGHTS      53

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN LITHIUM-ION BATTERY MATERIALS MARKET 53

FIGURE 11         INCREASING DEMAND FROM ELECTRIC VEHICLE APPLICATIONS TO DRIVE MARKET       53

4.2         LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION         53

FIGURE 12         ASIA PACIFIC TO REGISTER HIGHEST CAGR FROM 2023 TO 2028      53

4.3         LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL    54

FIGURE 13         CATHODE MATERIALS SEGMENT TO LEAD MARKET FROM 2023 TO 2028     54

4.4         LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY      54

FIGURE 14         LITHIUM NICKEL MANGANESE COBALT SEGMENT TO LEAD MARKET BETWEEN 2023 AND 2028         54

4.5         LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION              55

FIGURE 15         ELECTRIC VEHICLES SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD     55

5            MARKET OVERVIEW     56

5.1         INTRODUCTION            56

5.2         MARKET DYNAMICS     56

FIGURE 16         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN LITHIUM-ION BATTERY MATERIALS MARKET           56

5.2.1      DRIVERS            57

5.2.1.1   Growth in production of lithium-ion batteries              57

5.2.1.2   Surge in demand for consumer electronics     57

5.2.2      RESTRAINTS     57

5.2.2.1   Safety concerns regarding usage of gadgets or items installed with lithium-ion batteries 57

5.2.2.2   Availability of substitutes   58

5.2.3      OPPORTUNITIES           58

5.2.3.1   Growing R&D to enhance efficiency and upgrade lithium-ion batteries   58

5.2.3.2   Decline in overall prices     58

FIGURE 17         LITHIUM-ION BATTERY PACK PRICE, 2013–2021 59

5.2.4      CHALLENGES   59

5.2.4.1   Fluctuating raw material prices        59

FIGURE 18         LITHIUM CARBONATE PRICES FROM 2019–2022 59

5.3         PORTER’S FIVE FORCES ANALYSIS         60

FIGURE 19         PORTER’S FIVE FORCES ANALYSIS         60

TABLE 3             LITHIUM-ION BATTERY MATERIALS MARKET: PORTER’S FIVE FORCES ANALYSIS         60

5.3.1      THREAT OF NEW ENTRANTS    61

5.3.2      THREAT OF SUBSTITUTES         61

5.3.3      BARGAINING POWER OF BUYERS           61

5.3.4      BARGAINING POWER OF SUPPLIERS     62

5.3.5      INTENSITY OF COMPETITIVE RIVALRY 62

5.4         ECOSYSTEM     62

FIGURE 20         ECOSYSTEM MAP OF LITHIUM-ION BATTERY MATERIALS MARKET            63

TABLE 4             LITHIUM-ION BATTERY MATERIALS MARKET: ECOSYSTEM              64

5.5         VALUE CHAIN ANALYSIS            64

FIGURE 21         VALUE CHAIN ANALYSIS OF LITHIUM-ION BATTERY MATERIALS MARKET    64

5.5.1      RAW MATERIALS           65

5.6         TECHNOLOGY ANALYSIS           65

5.7         GLOBAL REGULATORY FRAMEWORK AND ITS IMPACT ON LITHIUM-ION BATTERY MATERIALS MARKET      66

5.7.1      REGULATIONS RELATED TO BATTERIES           66

5.7.2      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          66

TABLE 5             NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         66

TABLE 6             EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 67

TABLE 7             ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         67

TABLE 8             REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         68

5.8         CASE STUDY     68

5.8.1      RECYCLING OF LITHIUM-ION BATTERIES          68

5.9         KEY CONFERENCES AND EVENTS, 2023 AND 2024           69

TABLE 9             LITHIUM-ION BATTERY MATERIALS MARKET: CONFERENCES AND EVENTS, 2023–2024             69

5.10       PATENT ANALYSIS        69

5.10.1    METHODOLOGY           69

FIGURE 22         LIST OF MAJOR PATENTS FOR LITHIUM-ION BATTERY MATERIALS      70

5.10.2    MAJOR PATENTS           70

5.11       KEY STAKEHOLDERS AND BUYING CRITERIA    71

5.11.1    KEY STAKEHOLDERS IN BUYING PROCESS         71

FIGURE 23         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS      71

TABLE 10           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS (%)             72

5.11.2    BUYING CRITERIA         72

FIGURE 24         KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS              72

TABLE 11           KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS              72

5.12       TRADE ANALYSIS, IMPORT-EXPORT SCENARIO 73

5.12.1    EXPORT SCENARIO       73

TABLE 12           LITHIUM-ION BATTERIES EXPORT TRADE DATA           73

5.12.2    IMPORT SCENARIO       73

TABLE 13           LITHIUM-ION BATTERIES IMPORT TRADE DATA           73

5.13       PRICING ANALYSIS        74

5.13.1    AVERAGE SELLING PRICE FOR LITHIUM-ION BATTERY, BY APPLICATION  74

FIGURE 25         AVERAGE SELLING PRICE OF LITHIUM-ION BATTERY, BY APPLICATION  74

5.13.2    AVERAGE SELLING PRICE FOR LITHIUM-ION BATTERY PACK, BY REGION             75

FIGURE 26         AVERAGE SELLING PRICE OF LITHIUM-ION BATTERY PACK, BY REGION        75

5.13.3    AVERAGE SELLING PRICE FOR LITHIUM-ION BATTERY, OF MARKET PLAYERS BY BATTERY CHEMISTRY        75

FIGURE 27         AVERAGE SELLING PRICE FOR LITHIUM-ION BATTERY, OF MARKET PLAYERS BY BATTERY CHEMISTRY     75

6            LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION              76

6.1         INTRODUCTION            77

FIGURE 28         ELECTRIC VEHICLES SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD   77

TABLE 14           LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)           77

TABLE 15           LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           78

TABLE 16           LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2018–2022 (KILOTON)    78

TABLE 17           LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2023–2028 (KILOTON)    78

6.2         PORTABLE DEVICES     79

6.2.1      RAPID TECHNOLOGICAL CHANGES TO DRIVE DEMAND            79

TABLE 18           PORTABLE DEVICES: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (USD MILLION)            79

TABLE 19           PORTABLE DEVICES: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (USD MILLION)            79

TABLE 20           PORTABLE DEVICES: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (KILOTON)      79

TABLE 21           PORTABLE DEVICES: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (KILOTON)      80

6.3         ELECTRIC VEHICLES     80

6.3.1      GOVERNMENT REGULATIONS AND INCENTIVES PROMOTING CLEAN ENERGY SOLUTIONS TO DRIVE SEGMENT         80

TABLE 22           ELECTRIC VEHICLES: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (USD MILLION)            80

TABLE 23           ELECTRIC VEHICLES: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (USD MILLION)            81

TABLE 24           ELECTRIC VEHICLES: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (KILOTON)      81

TABLE 25           ELECTRIC VEHICLES: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (KILOTON)      81

6.4         INDUSTRIAL     82

6.4.1      FOCUS ON ENVIRONMENTAL SAFETY AND DURABILITY OF EQUIPMENT TO INCREASE DEMAND    82

TABLE 26           INDUSTRIAL: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (USD MILLION)  82

TABLE 27           INDUSTRIAL: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (USD MILLION)  82

TABLE 28           INDUSTRIAL: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (KILOTON)         83

TABLE 29           INDUSTRIAL: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (KILOTON)         83

6.5         OTHER APPLICATIONS 83

TABLE 30           OTHER APPLICATIONS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (USD MILLION)            83

TABLE 31           OTHER APPLICATIONS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (USD MILLION)            84

TABLE 32           OTHER APPLICATIONS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (KILOTON)      84

TABLE 33           OTHER APPLICATIONS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (KILOTON)      84

7            LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY      85

7.1         INTRODUCTION            86

FIGURE 29         LITHIUM NICKEL MANGANESE COBALT SEGMENT TO BE LARGEST MARKET DURING FORECAST PERIOD             86

TABLE 34           LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2018–2022 (USD MILLION) 86

TABLE 35           LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2023–2028 (USD MILLION) 87

TABLE 36           LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2018–2022 (KILOTON)        87

TABLE 37           LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2023–2028 (KILOTON)        87

7.2         LITHIUM IRON PHOSPHATE     88

7.2.1      COST-EFFECTIVENESS TO INCREASE DEMAND 88

TABLE 38           LITHIUM IRON PHOSPHATE: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (USD MILLION)     88

TABLE 39           LITHIUM IRON PHOSPHATE: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (USD MILLION)     88

TABLE 40           LITHIUM IRON PHOSPHATE: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (KILOTON)            88

TABLE 41           LITHIUM IRON PHOSPHATE: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (KILOTON)            89

7.3         LITHIUM COBALT OXIDE           89

7.3.1      HIGH ENERGY DENSITY TO DRIVE DEMAND     89

TABLE 42           LITHIUM COBALT OXIDE: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (USD MILLION)            89

TABLE 43           LITHIUM COBALT OXIDE: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (USD MILLION)            90

TABLE 44           LITHIUM COBALT OXIDE: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (KILOTON)      90

TABLE 45           LITHIUM COBALT OXIDE: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (KILOTON)      90

7.4         LITHIUM NICKEL MANGANESE COBALT            91

7.4.1      STABILITY AND HIGH CHARGE & DISCHARGE LIFE TO DRIVE MARKET              91

TABLE 46           LITHIUM NICKEL MANGANESE COBALT: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (USD MILLION) 91

TABLE 47           LITHIUM NICKEL MANGANESE COBALT: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (USD MILLION) 91

TABLE 48           LITHIUM NICKEL MANGANESE COBALT: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (KILOTON)        92

TABLE 49           LITHIUM NICKEL MANGANESE COBALT: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (KILOTON)        92

7.5         LITHIUM MANGANESE OXIDE  92

7.5.1      EXCELLENT SAFETY CHARACTERISTICS TO DRIVE MARKET     92

TABLE 50           LITHIUM MANGANESE OXIDE: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (USD MILLION)     92

TABLE 51           LITHIUM MANGANESE OXIDE: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (USD MILLION)     93

TABLE 52           LITHIUM MANGANESE OXIDE: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (KILOTON)            93

TABLE 53           LITHIUM MANGANESE OXIDE: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (KILOTON)            93

7.6         LITHIUM NICKEL COBALT ALUMINUM OXIDE  94

7.6.1      LARGE NUMBER OF CHARGE AND DISCHARGE CYCLES BEFORE CAPACITY DEGRADATION TO DRIVE MARKET 94

TABLE 54           LITHIUM NICKEL COBALT ALUMINUM OXIDE: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (USD MILLION) 94

TABLE 55           LITHIUM NICKEL COBALT ALUMINUM OXIDE: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (USD MILLION) 94

TABLE 56           LITHIUM NICKEL COBALT ALUMINUM OXIDE: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (KILOTON)        94

TABLE 57           LITHIUM NICKEL COBALT ALUMINUM OXIDE: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (KILOTON)        95

8            LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL    96

8.1         INTRODUCTION            97

FIGURE 30         CATHODE MATERIAL SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD   97

TABLE 58           LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (USD MILLION)          97

TABLE 59           LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (USD MILLION)          97

TABLE 60           LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (KILOTON)   98

TABLE 61           LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (KILOTON)   98

8.2         ANODE MATERIALS      98

8.2.1      GROWING DEMAND FOR LITHIUM-ION BATTERIES      98

TABLE 62           ANODE MATERIALS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (USD MILLION)            98

TABLE 63           ANODE MATERIALS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (USD MILLION)            99

TABLE 64           ANODE MATERIALS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (KILOTON)      99

TABLE 65           ANODE MATERIALS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (KILOTON)      99

8.3         CATHODE MATERIALS 100

8.3.1      GROWING DEMAND FOR ELECTRIC VEHICLES 100

TABLE 66           CATHODE MATERIALS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (USD MILLION)            100

TABLE 67           CATHODE MATERIALS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (USD MILLION)            100

TABLE 68           CATHODE MATERIALS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (KILOTON)      100

TABLE 69           CATHODE MATERIALS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (KILOTON)      101

8.4         ELECTROLYTE MATERIALS       101

8.4.1      ENHANCEMENT OF OVERALL OUTPUT OF LITHIUM-ION BATTERY              101

TABLE 70           ELECTROLYTE MATERIALS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (USD MILLION)     101

TABLE 71           ELECTROLYTE MATERIALS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (USD MILLION)     101

TABLE 72           ELECTROLYTE MATERIALS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (KILOTON)            102

TABLE 73           ELECTROLYTE MATERIALS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (KILOTON)            102

8.5         OTHER MATERIALS      102

TABLE 74           OTHER MATERIALS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (USD MILLION)            102

TABLE 75           OTHER MATERIALS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (USD MILLION)            103

TABLE 76           OTHER MATERIALS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (KILOTON)      103

TABLE 77           OTHER MATERIALS: LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (KILOTON)      103

9            LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION         104

9.1         INTRODUCTION            105

FIGURE 31         ASIA PACIFIC TO LEAD LITHIUM-ION BATTERY MATERIALS MARKET DURING FORECAST PERIOD   105

TABLE 78           LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (USD MILLION)          105

TABLE 79           LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (USD MILLION)          105

TABLE 80           LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2018–2022 (KILOTON)   106

TABLE 81           LITHIUM-ION BATTERY MATERIALS MARKET, BY REGION, 2023–2028 (KILOTON)   106

9.2         NORTH AMERICA          106

9.2.1      RECESSION IMPACT      106

FIGURE 32         NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET SNAPSHOT     107

TABLE 82           NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)         107

TABLE 83           NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)         108

TABLE 84           NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY COUNTRY, 2018–2022 (KILOTON)  108

TABLE 85           NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY COUNTRY, 2023–2028 (KILOTON)  108

TABLE 86           NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (USD MILLION)        108

TABLE 87           NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (USD MILLION)        109

TABLE 88           NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (KILOTON) 109

TABLE 89           NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (KILOTON) 109

TABLE 90           NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2018–2022 (USD MILLION)  110

TABLE 91           NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2023–2028 (USD MILLION)  110

TABLE 92           NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2018–2022 (KILOTON)         110

TABLE 93           NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2023–2028 (KILOTON)         111

TABLE 94           NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)  111

TABLE 95           NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)  111

TABLE 96           NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2018–2022 (KILOTON)         112

TABLE 97           NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2023–2028 (KILOTON)         112

9.2.2      US         112

9.2.2.1   Demand growth of electric vehicles and portable electronic devices to drive market              112

TABLE 98           US: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (USD MILLION)   113

TABLE 99           US: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (USD MILLION)   113

TABLE 100         US: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (KILOTON)          113

TABLE 101         US: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (KILOTON)          113

9.2.3      CANADA            114

9.2.3.1   Increasing government investments in electric vehicle industry to create growth opportunities       114

TABLE 102         CANADA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (USD MILLION)   114

TABLE 103         CANADA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (USD MILLION)   114

TABLE 104         CANADA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (KILOTON)          114

TABLE 105         CANADA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (KILOTON)          115

9.2.4      MEXICO             115

9.2.4.1   Growing use in manufacturing sector to drive market  115

TABLE 106         MEXICO: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (USD MILLION)   115

TABLE 107         MEXICO: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (USD MILLION)   115

TABLE 108         MEXICO: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (KILOTON)          116

TABLE 109         MEXICO: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (KILOTON)          116

9.3         EUROPE             116

9.3.1      RECESSION IMPACT      117

FIGURE 33         EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET SNAPSHOT        117

TABLE 110         EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)    117

TABLE 111         EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    118

TABLE 112         EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY COUNTRY, 2018–2022 (KILOTON)           118

TABLE 113         EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY COUNTRY, 2023–2028 (KILOTON)           118

TABLE 114         EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (USD MILLION)   119

TABLE 115         EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (USD MILLION)   119

TABLE 116         EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (KILOTON)          119

TABLE 117         EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (KILOTON)          120

TABLE 118         EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2018–2022 (USD MILLION)           120

TABLE 119         EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2023–2028 (USD MILLION)           120

TABLE 120         EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2018–2022 (KILOTON)    121

TABLE 121         EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2023–2028 (KILOTON)    121

TABLE 122         EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)           121

TABLE 123         EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           122

TABLE 124         EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2018–2022 (KILOTON)    122

TABLE 125         EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2023–2028 (KILOTON)    122

9.3.2      GERMANY         123

9.3.2.1   Growing initiatives for renewable and electric vehicle sectors to influence market growth   123

TABLE 126         GERMANY: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (USD MILLION)   123

TABLE 127         GERMANY: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (USD MILLION)   123

TABLE 128         GERMANY: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (KILOTON)          124

TABLE 129         GERMANY: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (KILOTON)          124

9.3.3      UK         124

9.3.3.1   Growing sales of electric vehicles to increase demand for lithium-ion batteries.              124

TABLE 130         UK: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (USD MILLION)   124

TABLE 131         UK: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (USD MILLION)   125

TABLE 132         UK: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (KILOTON)          125

TABLE 133         UK: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (KILOTON)          125

9.3.4      FRANCE             126

9.3.4.1   Government initiatives to lower CO2 emissions to drive market 126

TABLE 134         FRANCE: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (USD MILLION)   126

TABLE 135         FRANCE: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (USD MILLION)   126

TABLE 136         FRANCE: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (KILOTON)          126

TABLE 137         FRANCE: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (KILOTON)          127

9.3.5      REST OF EUROPE           127

TABLE 138         REST OF EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (USD MILLION)        127

TABLE 139         REST OF EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (USD MILLION)        127

TABLE 140         REST OF EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (KILOTON) 128

TABLE 141         REST OF EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (KILOTON) 128

9.4         ASIA PACIFIC    128

9.4.1      RECESSION IMPACT      128

FIGURE 34         ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET SNAPSHOT        129

TABLE 142         ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)            129

TABLE 143         ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)            130

TABLE 144         ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY COUNTRY, 2018–2022 (KILOTON)     130

TABLE 145         ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY COUNTRY, 2023–2028 (KILOTON)     130

TABLE 146         ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (USD MILLION)           131

TABLE 147         ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (USD MILLION)           131

TABLE 148         ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (KILOTON)     131

TABLE 149         ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (KILOTON)     132

TABLE 150         ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2018–2022 (USD MILLION)     132

TABLE 151         ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2023–2028 (USD MILLION)     132

TABLE 152         ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2018–2022 (KILOTON)            133

TABLE 153         ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2023–2028 (KILOTON)            133

TABLE 154         ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)     133

TABLE 155         ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)     134

TABLE 156         ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2018–2022 (KILOTON)            134

TABLE 157         ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2023–2028 (KILOTON)            134

9.4.2      CHINA  134

9.4.2.1   Growing production for electric vehicles to drive demand          134

TABLE 158         CHINA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (USD MILLION)   135

TABLE 159         CHINA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (USD MILLION)   135

TABLE 160         CHINA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (KILOTON)          135

TABLE 161         CHINA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (KILOTON)          135

9.4.3      JAPAN  136

9.4.3.1   Presence of leading lithium-ion battery manufacturers to drive market    136

TABLE 162         JAPAN: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (USD MILLION)   136

TABLE 163         JAPAN: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (USD MILLION)   136

TABLE 164         JAPAN: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (KILOTON)          136

TABLE 165         JAPAN: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (KILOTON)          137

9.4.4      INDIA   137

9.4.4.1   Development of smart cities and demand growth of electric vehicles to drive market   137

TABLE 166         INDIA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (USD MILLION)   137

TABLE 167         INDIA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (USD MILLION)   137

TABLE 168         INDIA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (KILOTON)          138

TABLE 169         INDIA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (KILOTON)          138

9.4.5      SOUTH KOREA 138

9.4.5.1   Initiative to increase production of electric vehicles to drive market         138

TABLE 170         SOUTH KOREA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (USD MILLION)           138

TABLE 171         SOUTH KOREA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (USD MILLION)           139

TABLE 172         SOUTH KOREA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (KILOTON)     139

TABLE 173         SOUTH KOREA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (KILOTON)     139

9.4.6      REST OF ASIA PACIFIC  140

TABLE 174         REST OF ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (USD MILLION)        140

TABLE 175         REST OF ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (USD MILLION)        140

TABLE 176         REST OF ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (KILOTON) 140

TABLE 177         REST OF ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (KILOTON) 141

9.5         REST OF WORLD            141

TABLE 178         REST OF WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)         141

TABLE 179         REST OF WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)         141

TABLE 180         REST OF WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY COUNTRY, 2018–2022 (KILOTON)  142

TABLE 181         REST OF WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY COUNTRY, 2023–2028 (KILOTON)  142

TABLE 182         REST OF WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (USD MILLION)        142

TABLE 183         REST OF WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (USD MILLION)        142

TABLE 184         REST OF WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (KILOTON) 143

TABLE 185         REST OF WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (KILOTON) 143

TABLE 186         REST OF WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2018–2022 (USD MILLION)  143

TABLE 187         REST OF WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2023–2028 (USD MILLION)  144

TABLE 188         REST OF WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2018–2022 (KILOTON)         144

TABLE 189         REST OF WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY BATTERY CHEMISTRY, 2023–2028 (KILOTON)         144

TABLE 190         REST OF WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)  145

TABLE 191         REST OF WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)  145

TABLE 192         REST OF WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2018–2022 (KILOTON)         145

TABLE 193         REST OF WORLD: LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION, 2023–2028 (KILOTON)         146

9.5.1      SOUTH AMERICA           146

9.5.1.1   Growing investments in energy storage and electric vehicles to create huge market potential.             146

TABLE 194         SOUTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (USD MILLION)        146

TABLE 195         SOUTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (USD MILLION)        146

TABLE 196         SOUTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (KILOTON) 147

TABLE 197         SOUTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (KILOTON) 147

9.5.2      MIDDLE EAST & AFRICA             147

9.5.2.1   Consumer goods and automobile sectors to drive demand          147

TABLE 198         MIDDLE EAST & AFRICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (USD MILLION)        147

TABLE 199         MIDDLE EAST & AFRICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (USD MILLION)        148

TABLE 200         MIDDLE EAST & AFRICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2018–2022 (KILOTON) 148

TABLE 201         MIDDLE EAST & AFRICA: LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL, 2023–2028 (KILOTON) 148

10          COMPETITIVE LANDSCAPE       149

10.1       INTRODUCTION            149

10.2       STRATEGIES ADOPTED BY KEY PLAYERS           149

10.2.1    OVERVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURERS              149

10.3       REVENUE ANALYSIS      150

FIGURE 35         REVENUE ANALYSIS OF KEY COMPANIES (2018–2022)    150

10.4       MARKET SHARE ANALYSIS         151

10.4.1    RANKING OF KEY MARKET PLAYERS, 2022          151

FIGURE 36         RANKING OF TOP FIVE PLAYERS IN LITHIUM-ION BATTERY MATERIALS MARKET, 2022         151

10.4.2    MARKET SHARE OF KEY PLAYERS          151

FIGURE 37         LITHIUM-ION BATTERY MATERIALS MARKET SHARE ANALYSIS          152

TABLE 202         LITHIUM-ION BATTERY MATERIALS MARKET: DEGREE OF COMPETITION 152

10.5       COMPANY EVALUATION MATRIX (TIER 1)         154

10.5.1    STARS  154

10.5.2    EMERGING LEADERS    154

10.5.3    PERVASIVE PLAYERS     154

10.5.4    PARTICIPANTS 154

FIGURE 38         COMPANY EVALUATION QUADRANT: LITHIUM-ION BATTERY MATERIALS MARKET (TIER 1 COMPANIES)        155

10.5.5    COMPANY FOOTPRINT 156

FIGURE 39         LITHIUM-ION BATTERY MATERIALS MARKET: COMPANY FOOTPRINT      156

TABLE 203         LITHIUM-ION BATTERY MATERIALS MARKET: APPLICATION FOOTPRINT      157

TABLE 204         LITHIUM-ION BATTERY MATERIALS MARKET: MATERIAL FOOTPRINT      158

TABLE 205         LITHIUM-ION BATTERY MATERIALS MARKET: COMPANY REGION FOOTPRINT    159

10.6       START-UPS/SMES EVALUATION MATRIX           160

10.6.1    PROGRESSIVE COMPANIES       160

10.6.2    RESPONSIVE COMPANIES          160

10.6.3    DYNAMIC COMPANIES 160

10.6.4    STARTING BLOCKS       160

FIGURE 40         START-UPS/SMES EVALUATION QUADRANT: LITHIUM-ION BATTERY MATERIALS MARKET 161

10.6.5    COMPETITIVE BENCHMARKING            162

TABLE 206         LITHIUM-ION BATTERY MATERIALS MARKET: DETAILED LIST OF KEY START-UPS/SMES          162

TABLE 207         LITHIUM-ION BATTERY MATERIALS MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES      162

10.7       COMPETITIVE SCENARIOS AND TRENDS           163

10.7.1    DEALS  163

TABLE 208         LITHIUM-ION BATTERY MATERIALS MARKET: DEALS (2019– 2023)    163

10.7.2    OTHERS             167

TABLE 209         LITHIUM-ION BATTERY MATERIALS MARKET: EXPANSIONS, INVESTMENTS, AND INNOVATIONS (2019–2023)             167

11          COMPANY PROFILES    169

(Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats) *

11.1       KEY PLAYERS   169

11.1.1    UMICORE          169

TABLE 210         UMICORE: COMPANY OVERVIEW           169

FIGURE 41         UMICORE: COMPANY SNAPSHOT          170

TABLE 211         UMICORE: PRODUCTS OFFERED            170

TABLE 212         UMICORE: DEALS          171

TABLE 213         UMICORE: OTHERS       172

11.1.2    SUMITOMO METAL MINING CO., LTD.  174

TABLE 214         SUMITOMO METAL MINING CO., LTD.: COMPANY OVERVIEW              174

FIGURE 42         SUMITOMO METAL MINING CO., LTD.: COMPANY SNAPSHOT              175

TABLE 215         SUMITOMO METAL MINING CO., LTD.: PRODUCTS OFFERED              175

TABLE 216         SUMITOMO METAL MINING CO., LTD.: OTHERS             176

11.1.3    BASF SE              177

TABLE 217         BASF SE: COMPANY OVERVIEW 177

FIGURE 43         BASF SE: COMPANY SNAPSHOT 178

TABLE 218         BASF SE: PRODUCTS OFFERED 178

TABLE 219         BASF SE: DEALS 179

TABLE 220         BASF SE: OTHERS           180

11.1.4    POSCO FUTURE M         181

TABLE 221         POSCO FUTURE M: COMPANY OVERVIEW         181

FIGURE 44         POSCO FUTURE M: COMPANY SNAPSHOT         181

TABLE 222         POSCO FUTURE M: PRODUCTS OFFERED          182

TABLE 223         POSCO FUTURE M: DEALS         182

TABLE 224         POSCO FUTURE M: OTHERS      183

11.1.5    TANAKA CHEMICAL CORPORATION     184

TABLE 225         TANAKA CHEMICAL CORPORATION: COMPANY OVERVIEW              184

FIGURE 45         TANAKA CHEMICAL CORPORATION: COMPANY SNAPSHOT              184

TABLE 226         TANAKA CHEMICAL CORPORATION: PRODUCTS OFFERED              185

11.1.6    TODA KOGYO CORP.    186

TABLE 227         TODA KOGYO CORP.: COMPANY OVERVIEW     186

FIGURE 46         TODA KOGYO CORP.: COMPANY SNAPSHOT    186

TABLE 228         TODA KOGYO CORP.: PRODUCTS OFFERED      187

TABLE 229         TODA KOGYO CORP.: OTHERS 187

11.1.7    RESONAC HOLDINGS CORPORATION   188

TABLE 230         RESONAC HOLDINGS CORPORATION: COMPANY OVERVIEW              188

FIGURE 47         RESONAC HOLDINGS CORPORATION: COMPANY SNAPSHOT              189

TABLE 231         RESONAC HOLDINGS CORPORATION: PRODUCTS OFFERED              189

11.1.8    L&F CO., LTD.   190

TABLE 232         L&F CO., LTD.: COMPANY OVERVIEW   190

TABLE 233         L&F CO., LTD. : PRODUCTS OFFERED   190

TABLE 234         L&F CO., LTD. : OTHERS             191

11.1.9    JFE CHEMICAL CORPORATION 192

TABLE 235         JFE CHEMICAL CORPORATION: COMPANY OVERVIEW 192

TABLE 236         JFE CHEMICAL CORPORATION: PRODUCTS OFFERED  192

11.1.10  3M         193

TABLE 237         3M: COMPANY OVERVIEW         193

FIGURE 48         3M: COMPANY SNAPSHOT         194

TABLE 238         3M: PRODUCTS OFFERED          194

11.1.11  SGL CARBON    196

TABLE 239         SGL CARBON: COMPANY OVERVIEW     196

FIGURE 49         SGL CARBON: COMPANY SNAPSHOT    197

TABLE 240         SGL CARBON: PRODUCTS OFFERED      197

TABLE 241         SGL CARBON: OTHERS 198

11.1.12  NEI CORPORATION       199

TABLE 242         NEI CORPORATION: COMPANY OVERVIEW       199

TABLE 243         NEI CORPORATION: PRODUCTS OFFERED        199

11.1.13  KUREHA CORPORATION            200

TABLE 244         KUREHA CORPORATION: COMPANY OVERVIEW            200

FIGURE 50         KUREHA CORPORATION: COMPANY SNAPSHOT            200

TABLE 245         KUREHA CORPORATION: PRODUCTS OFFERED             201

11.1.14  BTR NEW MATERIAL GROUP CO., LTD. 202

TABLE 246         BTR NEW MATERIAL GROUP CO., LTD.: COMPANY OVERVIEW              202

TABLE 247         BTR NEW MATERIAL GROUP CO., LTD.: PRODUCTS OFFERED              202

TABLE 248         BTR NEW MATERIAL GROUP CO., LTD.: DEALS 202

11.1.15  UBE CORPORATION      203

TABLE 249         UBE CORPORATION: COMPANY OVERVIEW      203

FIGURE 51         UBE CORPORATION: COMPANY SNAPSHOT      204

TABLE 250         UBE CORPORATION: PRODUCTS OFFERED       204

TABLE 251         UBE CORPORATION: DEALS      205

11.1.16  KURARAY CO., LTD.      206

TABLE 252         KURARAY CO., LTD.: COMPANY OVERVIEW       206

FIGURE 52         KURARAY CO., LTD.: COMPANY SNAPSHOT       207

TABLE 253         KURARAY CO., LTD.: PRODUCTS OFFERED        207

11.1.17  SHENZHEN DYNANONIC CO., LTD.        208

TABLE 254         SHENZHEN DYNANONIC CO., LTD.: COMPANY OVERVIEW              208

FIGURE 53         SHENZHEN DYNANONIC CO., LTD.: COMPANY SNAPSHOT              208

TABLE 255         SHENZHEN DYNANONIC CO., LTD.: PRODUCTS OFFERED              208

TABLE 256         SHENZHEN DYNANONIC CO., LTD.: DEALS        209

11.1.18  ZHEJIANG HUAYOU COBALT    210

TABLE 257         ZHEJIANG HUAYOU COBALT: COMPANY OVERVIEW     210

FIGURE 54         ZHEJIANG HUAYOU COBALT: COMPANY SNAPSHOT    211

TABLE 258         ZHEJIANG HUAYOU COBALT: PRODUCTS OFFERED      211

TABLE 259         ZHEJIANG HUAYOU COBALT: DEALS    212

11.1.19  AMERICAN ELEMENTS 213

TABLE 260         AMERICAN ELEMENTS: COMPANY OVERVIEW  213

TABLE 261         AMERICAN ELEMENTS: PRODUCTS OFFERED   213

11.1.20  MORITA CHEMICAL INDUSTRIES CO., LTD.       214

TABLE 262         MORITA CHEMICAL INDUSTRIES CO., LTD.: COMPANY OVERVIEW        214

TABLE 263         MORITA CHEMICAL INDUSTRIES CO., LTD.: PRODUCT OFFERED          214

11.2       OTHER PLAYERS           215

11.2.1    ECOPRO BM      215

TABLE 264         ECOPRO BM: COMPANY OVERVIEW      215

FIGURE 55         ECOPRO BM: COMPANY SNAPSHOT      215

TABLE 265         ECOPRO BM: PRODUCTS OFFERED       216

TABLE 266         ECOPRO BM: DEALS      216

11.2.2    CAPCHEM         217

TABLE 267         CAPCHEM: COMPANY OVERVIEW          217

FIGURE 56         CAPCHEM: COMPANY SNAPSHOT         217

TABLE 268         CAPCHEM: PRODUCTS OFFERED           218

TABLE 269         CAPCHEM: OTHERS      218

11.2.3    NICHIA CORPORATION 219

TABLE 270         NICHIA CORPORATION: COMPANY OVERVIEW 219

TABLE 271         NICHIA CORPORATION: PRODUCTS OFFERED 219

11.2.4    ASCEND ELEMENTS, INC.           220

TABLE 272         ASCEND ELEMENTS, INC.: COMPANY OVERVIEW           220

TABLE 273         ASCEND ELEMENTS, INC.: PRODUCTS OFFERED            220

TABLE 274         ASCEND ELEMENTS, INC.: DEALS           220

TABLE 275         ASCEND ELEMENTS, INC.: OTHERS        221

11.2.5    PULEAD TECHNOLOGY INDUSTRY CO., LTD.    222

TABLE 276         PULEAD TECHNOLOGY INDUSTRY CO., LTD.: COMPANY OVERVIEW        222

TABLE 277         PULEAD TECHNOLOGY INDUSTRY CO., LTD.: PRODUCTS OFFERED          222

*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.

12          ADJACENT AND RELATED MARKETS     223

12.1       INTRODUCTION            223

12.2       LIMITATIONS   223

12.3       LITHIUM-ION BATTERY MATERIALS INTERCONNECTED MARKETS              223

12.3.1    BATTERY MATERIALS MARKET 223

12.3.1.1 Market definition 223

12.3.1.2 Market overview  223

12.3.1.3 Battery materials market, by battery type       224

12.3.1.3.1            Lithium-ion         224

12.3.1.3.2            Lead-Acid           224

12.3.1.3.3            Other Batteries    224

TABLE 278         BATTERY MATERIALS MARKET, BY BATTERY TYPE, 2017–2021 (KILOTON)       225

TABLE 279         BATTERY MATERIALS MARKET, BY BATTERY TYPE, 2022–2027 (KILOTON)       225

TABLE 280         BATTERY MATERIALS MARKET, BY BATTERY TYPE, 2017–2021 (USD MILLION) 225

TABLE 281         BATTERY MATERIALS MARKET, BY BATTERY TYPE, 2022–2027 (USD MILLION) 225

12.3.2    LITHIUM METAL MARKET         226

12.3.2.1 Market definition 226

12.3.2.2 Market overview  226

12.3.2.3 Lithium Metal Market, By Source    226

12.3.2.3.1            Salt Lake Brine    226

12.3.2.3.2            Lithium Ore        226

TABLE 282         LITHIUM METAL MARKET, BY SOURCE, 2019–2022 (TON)              227

TABLE 283         LITHIUM METAL MARKET, BY SOURCE, 2023–2028 (TON)              227

TABLE 284         LITHIUM METAL MARKET, BY SOURCE, 2019–2022 (USD MILLION)          227

TABLE 285         LITHIUM METAL MARKET, BY SOURCE, 2023–2028 (USD MILLION)          227

13          APPENDIX         228

13.1       DISCUSSION GUIDE      228

13.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             231

13.3       CUSTOMIZATION OPTIONS      233

13.4       RELATED REPORTS       233

13.5       AUTHOR DETAILS         234