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Battery Additives Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR40339
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The battery additives market size is expected to grow by $ 769.18 mn and record a CAGR of 12% during 2021-2025.

This post-pandemic battery additives market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this battery additives market analysis report, key drivers such as declining price of li-ion batteries have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as cell chemistry failures, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Battery Additives Market Size be in 2021?

Battery-Additives-Market-Market-Size-2020-2025

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Who are the Key Vendors in the Battery Additives Market?

The battery additives market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • ALTANA AG
  • Battery Equaliser USA LLC
  • Borregaard ASA
  • Cabot Corp.
  • Hammond Group Inc.
  • Imerys
  • Orion Engineered Carbons SA
  • PENOX Group GmbH
  • SGL Carbon SE
  • Taiwan Hopax Chemicals Mfg. Co. Ltd.

Our analysts have extensively outlined successful business strategies deployed by the key vendors in this market research report. The battery additives market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

This battery additives market report further entails segmentations by application (Lead-acid, Lithium-ion, and Others) and geography (APAC, North America, Europe, MEA, and South America). The available actionable insights on the segmentations, in this report, will enable a better understanding of the target audience and changing demand patterns.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. The battery additives market further offers well-structured marketing strategies to overcome the negative post-COVID-19 impact, if any, on each product and service segment.

Which are the Key Regional Markets for Battery Additives Market?

Battery-Additives-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis of the geographical composition of the market. APAC will record a fast growth rate during 2021-2025, owing to which the region should offer several growth opportunities to market vendors. The increasing government support for evs will significantly influence battery additives market growth in this region. From the statistical study of the geographic landscape, you can interpret and understand the competitive intelligence and regional opportunities in store for vendors for 2021-2025.

64% of the market’s growth will originate from APAC during the forecast period. China, US, Japan, Germany, and UK are the key markets for battery additives market in the region. This report provides estimations of the contribution of all regions to the growth of the battery additives market size.

Battery Additives Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 12%

Market growth 2021-2025

$ 769.18 million

Market structure

Fragmented

YoY growth (%)

8.80

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 64%

Key consumer countries

China, US, Japan, Germany, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ALTANA AG, Battery Equaliser USA LLC, Borregaard ASA, Cabot Corp., Hammond Group Inc., Imerys, Orion Engineered Carbons SA, PENOX Group GmbH, SGL Carbon SE, and Taiwan Hopax Chemicals Mfg. Co. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

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What are the Key Factors Covered in this Battery Additives Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive battery additives market growth during the next five years
  • Precise estimation of the battery additives market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the battery additives market industry across APAC, North America, Europe, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of battery additives market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five Forces Summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Lead-acid - Market size and forecast 2020-2025
    • Lithium-ion - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Application

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • ALTANA AG
      • Battery Equaliser USA LLC
      • Borregaard ASA
      • Cabot Corp.
      • Hammond Group Inc.
      • Imerys
      • Orion Engineered Carbons SA
      • PENOX Group GmbH
      • SGL Carbon SE
      • Taiwan Hopax Chemicals Mfg. Co. Ltd.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      Battery Additives market growth will increase by $834.29 million during 2019-2024.
      The battery additives market is expected to grow at a CAGR of 11.06% during 2019-2024.
      Technavio has segmented the battery additives market by application (Lead-acid batteries, Lithium-ion batteries, and Others) and geographic (APAC, North America, Europe, and South America).
      ALTANA AG, Battery Equaliser USA LLC, Borregaard ASA, Cabot Corp., Hammond Group Inc., Imerys SA, Orion Engineered Carbons SA, PENOX Group GmbH, SGL Carbon SE, Taiwan Hopax Chemicals Mfg. Co. Ltd. are a few of the key vendors in the battery additives market.
      APAC will register the highest growth rate of 66.38% among the other regions. Therefore, the battery additives market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the battery additives market growth are:
      • Declining price of Li-ion batteries
      • Increasing demand for product catalog management by e-commerce merchants
      The battery additives market vendors should focus on grabbing business opportunities from the lead-acid batteries segment as it accounted for the largest market share in the base year.
      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?
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