+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Battery Materials Market Report by Type (Cathode, Anode, Electrolyte, Separator, and Others), Battery Type (Lithium Ion, Lead Acid, and Others), Application (Automobile Industry, Household Appliances, Electronics Industry, and Others), and Region 2024-2032

  • PDF Icon

    Report

  • 137 Pages
  • July 2024
  • Region: Global
  • IMARC Group
  • ID: 5849933
Description Jump to:
The global battery materials market size reached US$ 53.7 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 86.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5.4% during 2023-2032.

Battery materials are individual materials potentially present in cell electrodes, electrolytes, and separators. They comprise antimony (Sb), cadmium (Cd), copper (Cu), lead (Pb), silicon (Si), lithium (Li), cobalt (Co), nickel (Ni), zinc (Zn), graphite (C), and manganese (Mn). Among these, C has the highest proportion by volume of all the battery raw materials as it helps avoid dendrite formation and the high reactivity of alkali metal anodes. At present, as batteries find extensive applications in household appliances, military electronics, medical equipment, and portable devices, the demand for battery materials is rising across the globe.

Battery Materials Market Trends:

There is considerable reliance on smartphones, laptops, and other electronic devices worldwide. This represents one of the key factors bolstering the growth of the market. Besides this, governments of numerous countries are offering subsidies and financial incentives like grants or tax rebates to encourage the adoption of electric vehicles (EVs) and reduce carbon emissions. This, coupled with the burgeoning automotive industry, is driving the market. Moreover, there is a rise in the use of lithium-ion batteries (LIBs) around the world on account of their high energy density. They also provide emergency backup power in case of power loss or fluctuation, which is required for office equipment like computers and IT servers. In line with this, they are emerging as an alternative to gasoline and lead-acid batteries in powering speed boats and yachts. In addition, LIBs are utilized in wheelchairs, bikes, scooters, and other mobility aids for individuals with mobility restrictions. Furthermore, key players are increasingly focusing on agreements/partnerships with domestic players to increase their geographical presence, which is fueling the market growth.

Key Market Segmentation:

The report provides an analysis of the key trends in each sub-segment of the global battery materials market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, battery type and application.

Breakup by Type:

Cathode
Anode
Electrolyte
Separator
Others

Breakup by Battery Type:

Lithium Ion
Lead Acid
Others

Breakup by Application:

Automobile Industry
Household Appliances
Electronics Industry
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Albemarle Corporation, Asahi Kasei Corporation, BASF SE, Entek International Ltd., Johnson Matthey, Livent, Mitsubishi Chemical Holdings Corporation, Nichia Corporation, Showa Denko K. K., Sumitomo Chemical Co. Ltd., Targray Technology International Inc. and Umicore N.V.

Key Questions Answered in This Report

1. What was the size of the global battery materials market in 2023?
2. What is the expected growth rate of the global battery materials market during 2024-2032?
3. What are the key factors driving the global battery materials market?
4. What has been the impact of COVID-19 on the global battery materials market?
5. What is the breakup of the global battery materials market based on the type?
6. What is the breakup of the global battery materials market based on the battery type?
7. What is the breakup of the global battery materials market based on the application?
8. What are the key regions in the global battery materials market?
9. Who are the key players/companies in the global battery materials market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Battery Materials Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Cathode
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Anode
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Electrolyte
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Separator
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Battery Type
7.1 Lithium Ion
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Lead Acid
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Automobile Industry
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Household Appliances
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Electronics Industry
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Albemarle Corporation
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Asahi Kasei Corporation
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 BASF SE
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Entek International Ltd.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Johnson Matthey
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Livent
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Mitsubishi Chemical Holdings Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Nichia Corporation
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Showa Denko K. K.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Sumitomo Chemical Co. Ltd.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Targray Technology International Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Umicore N.V.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
List of Figures
Figure 1: Global: Battery Materials Market: Major Drivers and Challenges
Figure 2: Global: Battery Materials Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Battery Materials Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Battery Materials Market: Breakup by Type (in %), 2023
Figure 5: Global: Battery Materials Market: Breakup by Battery Type (in %), 2023
Figure 6: Global: Battery Materials Market: Breakup by Application (in %), 2023
Figure 7: Global: Battery Materials Market: Breakup by Region (in %), 2023
Figure 8: Global: Battery Materials (Cathode) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Battery Materials (Cathode) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Battery Materials (Anode) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Battery Materials (Anode) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Battery Materials (Electrolyte) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Battery Materials (Electrolyte) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Battery Materials (Separator) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Battery Materials (Separator) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Battery Materials (Other Battery Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Battery Materials (Other Battery Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Battery Materials (Lithium Ion) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Battery Materials (Lithium Ion) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Battery Materials (Lead Acid) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Battery Materials (Lead Acid) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Battery Materials (Others) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Battery Materials (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Battery Materials (Automobile Industry) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Battery Materials (Automobile Industry) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Battery Materials (Household Appliances) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Battery Materials (Household Appliances) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Battery Materials (Electronics Industry) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Battery Materials (Electronics Industry) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Battery Materials (Others) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Battery Materials (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: North America: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: North America: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: United States: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: United States: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Canada: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Canada: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Asia-Pacific: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Asia-Pacific: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: China: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: China: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Japan: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Japan: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: India: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: India: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: South Korea: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: South Korea: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Australia: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Australia: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Indonesia: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Indonesia: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Others: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Others: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Europe: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Europe: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Germany: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Germany: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: France: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: France: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: United Kingdom: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: United Kingdom: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Italy: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Italy: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Spain: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Spain: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Russia: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Russia: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Others: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Others: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Latin America: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Latin America: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Brazil: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Brazil: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Mexico: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Mexico: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Others: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Others: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Middle East and Africa: Battery Materials Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Middle East and Africa: Battery Materials Market: Breakup by Country (in %), 2023
Figure 80: Middle East and Africa: Battery Materials Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Global: Battery Materials Industry: SWOT Analysis
Figure 82: Global: Battery Materials Industry: Value Chain Analysis
Figure 83: Global: Battery Materials Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Battery Materials Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Battery Materials Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Battery Materials Market Forecast: Breakup by Battery Type (in Million US$), 2024-2032
Table 4: Global: Battery Materials Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 5: Global: Battery Materials Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Battery Materials Market: Competitive Structure
Table 7: Global: Battery Materials Market: Key Players

Companies Mentioned

  • Albemarle Corporation
  • Asahi Kasei Corporation
  • BASF SE
  • Entek International Ltd.
  • Johnson Matthey
  • Livent
  • Mitsubishi Chemical Holdings Corporation
  • Nichia Corporation
  • Showa Denko K. K.
  • Sumitomo Chemical Co. Ltd.
  • Targray Technology International Inc.
  • Umicore N.V.

Methodology

Loading
LOADING...

Table Information

Report AttributeDetails
No. of Pages137
PublishedJuly 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 53.7 Billion
Forecasted Market Value ( USD ) by 2032 $ 86.2 Billion
Compound Annual Growth Rate5.4%
Regions CoveredGlobal
No. of Companies Mentioned12

Related Topics

Related Reports

Battery Materials Market Forecast (2025-2032): Industry Size, Market Share Data, Business Insights, Latest Trends, Opportunities, Competitive Analysis and Demand Outlook Report - Product Image

Battery Materials Market Forecast (2025-2032): Industry Size, Market Share Data, Business Insights, Latest Trends, Opportunities, Competitive Analysis and Demand Outlook Report

  • Report
  • 151 Pages
  • Global
From
Lithium-ion Battery Materials Market by Battery Chemistry (LFP, LCO, NMC, NCA, LMO), Material (Cathode, Anode, Electrolyte), Application (Portable Device, Electric Vehicle, Industrial, Power Tool, Medical Device), & Region - Global Forecast to 2029 - Product Image

Lithium-ion Battery Materials Market by Battery Chemistry (LFP, LCO, NMC, NCA, LMO), Material (Cathode, Anode, Electrolyte), Application (Portable Device, Electric Vehicle, Industrial, Power Tool, Medical Device), & Region - Global Forecast to 2029

  • Report
  • 211 Pages
  • Global
From
Battery Material Market by Battery Type, Material, Application - Global Forecast 2025-2030 - Product Image

Battery Material Market by Battery Type, Material, Application - Global Forecast 2025-2030

  • Report
  • 183 Pages
  • Global
From
Lithium-ion Battery Materials Market by Type, Battery Chemistry, Form, Application - Global Forecast 2025-2030 - Product Image

Lithium-ion Battery Materials Market by Type, Battery Chemistry, Form, Application - Global Forecast 2025-2030

  • Report
  • 185 Pages
  • Global
From
Battery Materials - Global Strategic Business Report - Product Image

Battery Materials - Global Strategic Business Report

  • Report
  • 244 Pages
  • Global
From
Copyright © 2002-2024 Research and Markets. All Rights Reserved.