Global Battery Materials Market 2018-2022

To identify growth opportunities in the battery materials market, the market has been segmented into regions that are growing faster than the overall market. These regions have been pitted against regions that have a slower growth rate than the global market in 2017-2022. APAC will grow faster than the overall market. The growth of EMEA and the Americas will be slower than the global market.

Below are some of the key findings from the battery materials market research report

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Global battery materials industry overview

The growth in solar PV installations is one of the primary factors driving the battery materials market growth. Solar power plants need batteries to store energy and use lead-acid, Li-ion, gel-cell, and nickel-based batteries. With the need for electricity and renewable power sources, several countries are investing heavily in solar power projects. These projects will require numerous batteries to store the energy produced, which will lead to the growth of the battery materials market.

The decline in Li-ion battery price is one of the crucial battery materials market trends that is expected to gain traction in the forecast period. Li-ion batteries are rapidly being adopted in automotive, consumer electronics, and renewables due to their high-performance ratio compared to lead-acid batteries. Li-ion batteries are priced much higher compared to lead-acid batteries hence, manufacturers are investing heavily in the development of low-cost Li-ion batteries. The battery materials market forecast report predicts that fueled by these factors, the market is projected to grow at a CAGR of over 9% during the forecast period.

Top battery materials companies covered in this market research report

The battery materials market is highly fragmented and is open to opportunities for market vendors. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this battery materials market research report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the upcoming growth opportunities.

The report offers a detailed analysis of several battery material companies, including:

• BASF
• Johnson Matthey Battery Materials
• MITSUI MINING & SMELTING
• Sumitomo Chemical
• Targray

Battery materials market segmentation based on geographic regions

• Americas
• APAC
• EMEA

The APAC region will account for the largest battery materials market share and the highest growth throughout the forecast period. The APAC region has many established vendors who are focusing on end-user industries such as automotive, energy, and consumer electronics.

Battery materials market segmentation based on material

• Cathode
• Electrolyte
• Anode
• Others

The cathode battery segment will account for the largest battery materials market share while the anode battery segment will account for the highest market growth. Additionally, the report will provide an accurate prediction of the contribution of the various materials to the growth of the battery materials market size.

Key highlights of the global battery materials market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the battery materials market during the next five years
• Precise estimation of the global battery materials market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the battery materials industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of the battery materials companies

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