Battery Raw Materials Market Size, Trends, Sector / Industry Report & Analysis, 2018-2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global Battery Raw Materials Market


The battery raw materials market size was estimated at USD 39.28 billion in 2017. Extensive usage of batteries in electric vehicles, coupled with high demand in consumer electronic products, is anticipated to drive growth. Industry growth is also accredited to supportive government policies and low barriers for adoption of electric vehicles.
 
The industry is likely to benefit from increasing usage of lightweight and rechargeable batteries in consumer electronics products such as laptops and smartphones. In addition, an expanding middle-income population group with increased preference for mobile devices is likely to drive the market.
High investments in research and development for mining, processing, and manufacturing raw materials used in the manufacturing of batteries is expected to have a positive impact on market growth. Key industry players are engaged in patenting technologies on components that offer higher performance and efficiency in order to increase annual revenues.
Factors such as growing awareness about sustainable sourcing of battery materials, recycling, and efficient waste disposal are expected to drive demand. Producers are adopting various regulations and certifications such as U.S. DOT, PHMSA, and EU-Batteries Directive to ensure product quality and lure customers.
The industry is characterized by usage of a number of technological processes such as solvent extraction method, Nano-filtration system, and rotary kiln electric furnace method. These technologies are used for improving performance and efficiency of battery materials as per requirement.
Major challenges faced by the battery raw materials market include price fluctuation and upward penetration of lithium ion products. The profitability of manufacturers is affected by unstable prices.

Market Segmentation, Outlook & Viewpoint: Global Battery Raw Materials Market


Li-Ion Battery Material Market Segmentation & Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

Anode

Natural Graphite

Artificial Graphite

Amorphous Carbon

LTO

Si Compounds


Cathode

LCO

NMC

LFP

LMO

NCA


Separator 

Others

Binder

Electrolyte

Packaging Material



Li-Ion Battery Material Application Market Segmentation & Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

Consumer Electronics

Automotive

Grid Storage

Others


Lead Acid Battery Material Market Segmentation & Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

Electrodes

Electrolyte

Separator

Packaging


Lead Acid Battery Material Application Market Segmentation & Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

Automotive

UPS

Telecom

Others


Other Batteries Material Market Segmentation & Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

Electrodes

Electrolyte

Separator

Packaging


Key Players, Recent Developments & Regional Insights: Global Battery Raw Materials Market


While the maturity of the consumer electronics industry has resulted in a substantial slow down, the industry is expected to find scope for growth with the inclusion of newer and smarter electronic devices. Increasing number of smart device users across the globe is also poised to offer growth opportunities.
 
Automotive forms the fastest growing application segment on account of the emergence of electric vehicles (EVs). In addition, publicly accessible charging infrastructure offering high power alternating and direct current is estimated to drive segment growth.
In the energy grid storage segment, the market for LIB is characterized by alternative technologies to lead acid, zinc-based, and flow battery, offering low cost and strong technical capability. Increasing usage of LIB in automotive applications is expected to reduce its usage in energy storage applications over the forecast period.
With increased weightage on using renewable sources of energy, there has been an upsurge in number of installations of roof top solar panels around the globe. This is expected to increase product demand in the coming years.

Regional Insights 
The resource-rich North America market is highly favorable for manufacturers to establish their base. The minerals and metal reserves in U.S. amount to USD 6.2 trillion, which is used in consumer electronics, automotive, solar components, and others applications.
The Europe market is expected to witness high demand for lithium ion storage batteries for luxury cars. The industry in the region is characterized by intense competition between major market players.
A major portion of battery raw materials are mined from the South American region, while a large number of processors and assemblers are located in Asia Pacific and North America. Processed metals in China are exported to North America for use in automotive applications.
Battery Raw Materials Market Share Insights
The vendor landscape is characterized by a large number of global as well as domestic players offering advanced products. Major players in the industry include Targray Technology International Inc.; Entek International LLC; BASF Catalysts LLC; 3M; Nichia Corporation; Valence Technology, Inc.; Celgard LLC; Umicore S.A.; and ITOCHU Corporation.
Companies in the industry position themselves as miners and processors of raw materials, used in grid storage, electric vehicles, and consumer electronics, among others. Companies in the domain resort to use of green extraction technologies in order to expand their consumer base and protect the environment.
The market is characterized by large number of products generating higher revenues, with the automotive industry accounting for the largest share. Companies compete on the basis of innovative techniques and patents acquired.

Key Insights Covered: Global Battery Raw Materials Market
1.  North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Battery Raw Materials industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Battery Raw Materials industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Battery Raw Materials industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Battery Raw Materials industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Battery Raw Materials industry.

Research Methodology: Global Battery Raw Materials Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other