The latest research report by Emergen Research, named ‘Global Cathode Materials Market - Forecast to 2027’, entails a comprehensive review of the global Cathode Materials market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Cathode Materials industry, particularly the current COVID-19 scenario.
The Cathode Materials Market is forecasted to be worth USD 27.84 Billion in 2027, according to a new report by Emergen Research. The growth of this market can be attributed to the growing demand for Electronic vehicles in the Developing economies. The increasing utilization of lightweight and chargeable batteries in consumer electronic products is expected to drive the demand for the product.
The increasing demand for uninterruptible power supply systems for industrial operations in the manufacturing or chemical, or oil gas industries results in the growing usage of cathode materials-based lithium-ion batteries. The ongoing trend of energy conservation and increasing preference towards renewable battery energy over fuel energy is a major contributing factor for the development of the industry.
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The report is a comprehensive research study of the global Cathode Materials market inclusive of the latest trends, growth factors, developments, opportunities, and competitive landscape. The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report is formulated with data gathered from primary and secondary research examined and validated by industry experts. The report provides an overview of the market leaders, segmentation by type, application, and region, and technological advancements.
Market Dynamics:
The report offers insightful information about the market dynamics of the Cathode Materials market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Cathode Materials market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Cathode Materials market.
Market Overview:
The research report on the Cathode Materials market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Cathode Materials business sphere.
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Key Highlights From The Report
- In 2018, Hitachi Chemical Co., Ltd entered into a licensing agreement with Silatronix, Inc. to lengthen the life of the lithium-ion batteries and improve the storage stability of the batteries at high temperatures.
- Lead Dioxide held the largest market share of 32.3% in the year of 2019 due to the increasing investments in the research and development by the manufacturers of the cathode materials.
- The Lead-Acid battery is forecasted to grow with the fastest CAGR of 6.2% over the forecast period as the lead-acid batteries generate recyclable renewable energy and reduce the CO2 emission levels.
Key participants include BASF SE, Mitsubishi Chemical Corporation, 3M, Umicore, POSCO, Hitachi Chemical Co., Ltd, Johnson Matthey, Mitsui Mining Smelting Co., Ltd, Sumitomo Metal Mining Co. Ltd, and Kureha Corporation, among others.
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Emergen Research has segmented the global Cathode Materials Market on the basis of Material, Battery Type, Application, and region:
- Material Outlook (Revenue, USD Billion; 2017-2027)
- Lead Dioxide
- Lithium Manganese Oxide
- Lithium Cobalt Oxide
- Lithium Nickel Manganese Cobalt Oxide
- Lithium Iron Phosphate
- Lithium Nickel Cobalt Aluminum Oxide
- Other Cathode Materials
- Battery Type Outlook (Revenue, USD Billion; 2017-2027)
- Lead-acid
- Lithium-ion
- Others
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Energy storage
- Automotive
- Power tools
- Consumer Electronics
- Others
- Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
Global Cathode Materials Market Geographical Landscape - Synopsis:
- The report closely studies the growth trajectory of the global Cathode Materials market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East Africa.
- The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
- Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
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