Lithium-ion Battery Materials Market to be more than US$ 15 Billion by 2024
- 6 years ago
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Global Lithium-ion Battery Materials Market is expected to surpass more than US$ 15 Billion by the end of year 2024. This report covers key growth drivers and scientific challenges for lithium-ion battery market. Lithium-ion batteries are one and only preferred choice source for portable electronics. The manufacturer of lithium-ion battery consistently doing a lot of research & development work to peruse technological advancements and reduce the size and weight of batteries, cost of batteries, increase their power output and safety. Moreover government regulation or policies to create framework suitable for battery regulated transportation system will foster the growth of lithium-ion battery in anticipated year.
Cathode is one of the important materials of lithium-ion battery, whereas lithium cobalt oxide and lithium-iron phosphate together control more than 80% of market share in 2017. Lithium cobalt oxide mainly used in Smartphone applications and comparatively less in portable PCs applications. Lithium-nickel manganese cobalt oxide is more demanded in xEV applications. The demand of lithium-nickel manganese cobalt oxide started since 2015 and anticipated to grow faster in forecast period. Lithium-iron phosphate earlier used in power tools and industrial applications but since 2015 it massively used in E-bus and now many e-bus battery manufacturers signing contract with lithium-iron phosphate producer to meet the high demand of e-bus.
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Renub Research latest study report “Lithium-ion Battery Materials Market, Global Forecast by Cathode [LCO (Lithium Cobalt Oxide), NMC (Lithium Nickel Manganese Cobalt Oxide), NCA (Lithium Nickel Cobalt Aluminium Oxide), LMO (Lithium Manganese Oxide) & LPF (Lithium Iron Phosphate)], Anode (Natural Graphite, Artificial Graphite & Other Anode Materials), Separator, Electrolyte, Companies (Samsung SDI., LG Chemical, SANYO-Panasonic and ATL)” provides a detailed and comprehensive insight of the Global Lithium-ion Battery by Material Market and Volume.
Cathode Captured more than Two Third of Market Share in Global Lithium-Ion Battery Material Market in 2017
In this report we have investigated the core key material required to make lithium-ion battery cells and battery packs. The most important material is cathode and we have further segmented Cathod into 5 parts LCO (Lithium Cobalt Oxide), NMC (Lithium Nickel Manganese Cobalt Oxide), NCA (Lithium Nickel Cobalt Aluminium Oxide), LMO (Lithium Manganese Oxide) and LFP (Lithium Iron Phosphate). This report also provides full market knowledge of anode, separator and electrolyte in terms value and volume both.
https://www.renub.com/lithium-ion-battery-materials-market-p.php
Global Lithium-ion Battery Materials Market is expected to surpass more than US$ 15 Billion by the end of year 2024. This report covers key growth drivers and scientific challenges for lithium-ion battery market. Lithium-ion batteries are one and only preferred choice source for portable electronics. The manufacturer of lithium-ion battery consistently doing a lot of research & development work to peruse technological advancements and reduce the size and weight of batteries, cost of batteries, increase their power output and safety. Moreover government regulation or policies to create framework suitable for battery regulated transportation system will foster the growth of lithium-ion battery in anticipated year.
Cathode is one of the important materials of lithium-ion battery, whereas lithium cobalt oxide and lithium-iron phosphate together control more than 80% of market share in 2017. Lithium cobalt oxide mainly used in Smartphone applications and comparatively less in portable PCs applications. Lithium-nickel manganese cobalt oxide is more demanded in xEV applications. The demand of lithium-nickel manganese cobalt oxide started since 2015 and anticipated to grow faster in forecast period. Lithium-iron phosphate earlier used in power tools and industrial applications but since 2015 it massively used in E-bus and now many e-bus battery manufacturers signing contract with lithium-iron phosphate producer to meet the high demand of e-bus.
Request a free sample copy of the report:
https://www.renub.com/contactus.php
Renub Research latest study report “Lithium-ion Battery Materials Market, Global Forecast by Cathode [LCO (Lithium Cobalt Oxide), NMC (Lithium Nickel Manganese Cobalt Oxide), NCA (Lithium Nickel Cobalt Aluminium Oxide), LMO (Lithium Manganese Oxide) & LPF (Lithium Iron Phosphate)], Anode (Natural Graphite, Artificial Graphite & Other Anode Materials), Separator, Electrolyte, Companies (Samsung SDI., LG Chemical, SANYO-Panasonic and ATL)” provides a detailed and comprehensive insight of the Global Lithium-ion Battery by Material Market and Volume.
Cathode Captured more than Two Third of Market Share in Global Lithium-Ion Battery Material Market in 2017
In this report we have investigated the core key material required to make lithium-ion battery cells and battery packs. The most important material is cathode and we have further segmented Cathod into 5 parts LCO (Lithium Cobalt Oxide), NMC (Lithium Nickel Manganese Cobalt Oxide), NCA (Lithium Nickel Cobalt Aluminium Oxide), LMO (Lithium Manganese Oxide) and LFP (Lithium Iron Phosphate). This report also provides full market knowledge of anode, separator and electrolyte in terms value and volume both.