This is a demo store. No orders will be fulfilled.
Global Li-ion Battery Materials Market, Forecast to 2026
Global Li-ion Battery Materials Market, Forecast to 2026
Quest to Strike Optimal Balance in the Crucial Trinity of Energy Density, Cost, and Supply Security to Steer Market Growth
04-Jun-2020
Global
Description
The study is an attempt to quantify the consumption of key Lithium-ion (Li-ion) battery materials and to gauge the level of impact that market developments such as advancement in battery chemistries and technologies, upsurge in electric vehicle (EV) sales, evolving regulatory scenarios, and increasing shift in consumer preferences toward EVs are expected to have on the demand for individual materials over the 7 year period, 2020–2026. The study also presents historical volumes and revenues across segments for the period 2016–2019.
The scope of the study comprises analysis of the Li-ion battery materials market, focusing on key material types such as cathode materials, anode materials, electrolytes, and separators. The study also highlights the key aspects associated with materials used in the manufacturing of battery housings/casings and the prospects for plastics and composites in applications. It analyzes the demand for battery materials from applications such as EVs, industrial and energy storage systems (ESS), consumer electronics, and others (medical and healthcare devices and portable tools), while taking stock of the consumption of each of these material types on the basis of a robust methodology—comprising analysis of the regional Li-ion battery production, supply of such products, and the uptake of individual materials.
While it took nearly 8 years for the collective global EV (BEVs and PHEVs) sales volume to reach the million-units mark in 2015, the rapid growth in adoption thereafter resulted in annual sales volume reaching nearly 2.3 million in 2019. From a mere 0.7% in 2015, EVs share in the overall automotive sales swiftly reached nearly 2.9% in 2019. The much-awaited surge in adoption of EVs finally seems to be materializing, despite a downward trend in the overall automotive industry, in the case of conventional passenger vehicle sales, especially diesel vehicles, over the last 2 years. Among a multitude of factors, government incentives/subsidies on EVs, coupled with increasingly stringent regulations and legislations pertaining to CO2 emissions, continue to be the primary growth-driving factors for global EV sales.
On the flip-side, the prices of EVs available or imported into countries such as India and Brazil are significantly higher than conventional mass-market ICE vehicles. Furthermore, lack of a well-developed network of charging infrastructure in the countries is likely to continue compounding the impediments associated with mass adoption of EVs, at least over the short term.
The ever-increasing push toward longer-range vehicles and, hence, higher-energy density batteries entails a shift toward higher-nickel content cathode chemistry-based technologies, partial replacement of graphite with silicon composites in anodes, incorporation of functional additives in electrolytes, and increasing demand for thinner, high-thermal-resistance separators.
Battery materials compose a major chunk of the overall battery cost. While battery manufacturers are focusing on increasing capacity and reducing costs, a disruption in the supply of any of these crucial chemicals results in sky-rocketing prices and availability concerns, thereby disrupting the entire value chain. This is exacerbated by other diverse concerns ranging from ethical sourcing (artisanal or small-scale subsistence mining and child labor) to political instability in countries such as the Democratic Republic of Congo (DRC)—the single largest supplier of cobalt. With rapid expansion in battery manufacturing infrastructure, incumbents across the value chain are increasingly mandating ethical souring of raw materials, reduction in the use of critical materials, and developing processes and infrastructure for recycling and end-of-life management for Li-ion batteries, especially in Europe.
The global Li-ion battery materials market is composed of several large participants operating across key markets and numerous mid-sized companies operating at regional and domestic levels. Strengthening supply capabilities and development of efficacious, cost-effective alternatives that ensure higher-energy density continue to be among the primary points of focus for incumbents.
Frost & Sullivan’s analysis indicates that the global Li-ion battery materials market is slated to register a robust double-digit growth of about 13.9% in terms of revenue over the period 2020–2026.
Author: Gautam Rashingkar
RESEARCH: INFOGRAPHIC
This infographic presents a brief overview of the research, and highlights the key topics discussed in it.Click image to view it in full size
Table of Contents
Key Findings
Strategic Factsheet
Market Engineering Measurements
CEO’s Perspective
Market Scope
Market Scope (continued)
Market Segmentation
Market Definitions
Market Definitions (continued)
Market Definitions (continued)
Market Definitions (continued)
Market Definitions (continued)
Market Overview
Market Overview (continued)
Battery Technology and Materials Evolution Timeline
Cathode Materials—Characteristics Comparison
Cathode Materials—Specifications Comparison
Cathode Materials—Material Selection Criteria for Applications
Cathode Materials—Key Features
Cathode Materials—Presence in Applications
Anode Materials—Characteristics Comparison
Separators—Key Parameters
Separators—Wet and Dry Process Separators Comparison
Separators—Wet Process and Dry Process Flow
Electrolytes—Materials Overview
Electrolytes—Components Overview
Electrolytes—Lithium Salts Properties Comparison
Market Segmentation by Material Type
Key Questions this Study will Answer
Overview
EV Sales—2007–2019
Global EV Market in 2019
Li-ion Batteries—Cost Composition
Market Drivers
Drivers Explained
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Market Restraints
Restraints Explained
Restraints Explained (continued)
Restraints Explained (continued)
Restraints Explained (continued)
Challenge and/or Opportunity for Material Suppliers
Drivers and Restraints—Impact Assessment
Drivers and Restraints—Impact Assessment (continued)
Market Engineering Measurements
Forecast Assumptions
Revenue Forecast
Revenue Forecast Discussion
Volume Shipment and Revenue Forecast—Cathode Materials Segment
Volume Shipment and Revenue Forecast—Anode Materials Segment
Volume Shipment and Revenue Forecast Discussion—Cathode and Anode Materials Segments
Volume Shipment and Revenue Forecast—Electrolytes Segment
Volume Shipment and Revenue Forecast—Separators Segment
Volume Shipment and Revenue Forecast Discussion—Electrolytes and Separators Segments
Percent Revenue Forecast by Material Type
Revenue Forecast by Material Type
Volume Shipment Forecast by Material Type
Volume Shipment and Revenue Forecast Discussion by Material Type
Attractiveness Analysis by Material Type
Applications Overview
Percent Revenue Forecast by Application
Revenue Forecast by Application
Revenue Forecast Discussion by Application
Revenue Forecast Discussion by Application (continued)
Attractiveness Analysis by Application
Percent Revenue Forecast by Region
Revenue Forecast by Region
Revenue Forecast Discussion by Region—Americas
Revenue Forecast Discussion by Region—Europe
Revenue Forecast Discussion by Region—APAC
Attractiveness Analysis by Region
Trends
Trends—Cathode Materials
Trends—Cathode Materials (continued)
Trends—Cathode Materials (continued)
Trends—Anode Materials
Trends—Anode Materials (continued)
Trends—Separators
Trends—Electrolytes
Value Chain
Value Chain (continued)
Value Chain (continued)
Value Chain (continued)
Value Chain Discussion
Mergers and Acquisitions—Snapshot
Market Share
Market Share Analysis
Competitive Environment
Growth Opportunity 1—Development of Advanced Cathode Materials
Growth Opportunity 2—Strengthening Footprint Across Geographies
Growth Opportunity 3—Recycling and End-of-life Management
Growth Opportunity 4—Development of Materials for Next-generation Batteries
Strategic Imperatives for Success and Growth
Characteristics and Overview
Market Engineering Measurements
Revenue Forecast
Volume Shipment Forecast
Volume Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Percent Volume Shipment Forecast by Chemistry
Percent Volume Shipment Forecast by Chemistry (continued)
Volume Shipment Forecast by Chemistry
Volume Shipment and Revenue Forecast Discussion by Chemistry
Attractiveness Analysis by Chemistry
Competitive Environment
Characteristics and Overview
Market Engineering Measurements
Revenue Forecast
Volume Shipment Forecast
Volume Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Percent Volume Shipment Forecast by Chemistry
Percent Volume Shipment Forecast by Chemistry (continued)
Volume Shipment Forecast by Chemistry
Volume Shipment Discussion by Chemistry
Attractiveness Analysis by Chemistry
Competitive Environment
Characteristics and Overview
Market Engineering Measurements
Revenue Forecast
Volume Shipment Forecast
Volume Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Competitive Environment
Characteristics and Overview
Market Engineering Measurements
Revenue Forecast
Volume Shipment Forecast
Volume Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Percent Volume Shipment Forecast by Process
Percent Volume Shipment Forecast by Process (continued)
Volume Shipment Forecast by Process
Volume Shipment and Revenue Forecast by Process
Attractiveness Analysis by Process
Competitive Environment
EV Battery Housing/Casing—Overview
Light-weighting Strategies for EVs
Plastics and Composites—Comparison with Metals
Weight Composition Comparison—EVs Vs ICE
Battery Pack Weight Composition
Plastics and Composites—Key Requirements
Indicative Representation—Housing/Casing Materials Consumption, 2026
The Last Word—3 Big Predictions
Legal Disclaimer
Market Engineering Methodology
Abbreviations and Acronyms Used
Battery Electric Vehicle (BEV)
Plug-in Hybrid Vehicle (PHEV)
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Related Research
Popular Topics
No Index | No |
---|---|
Podcast | No |
Author | Gautam Rashingkar |
Industries | Chemicals and Materials |
WIP Number | MF51-01-00-00-00 |
Is Prebook | No |
GPS Codes | 9100-A2,9869-A2,9595,9870 |