Global Lithium-ion Battery Materials Market Growth Opportunities

Description

Technological Advancements Expand the Industry's Growth Pipeline

The worldwide demand for batteries is on the rise, primarily propelled by the urgency to combat climate change through mobility electrification and energy transition. In addition, significant growth in consumer electronics, such as wearables and Bluetooth earphones, will further propel the Lithium-ion (Li-ion) battery materials market. The move from fossil fuels to renewable energy sources, such as solar and wind, drives demand growth for energy storage solutions with high-density and efficient storage capabilities to meet peak demand and intermittent energy generation intervals.

Developed markets in North America, Europe, and East Asian countries, such as Japan, South Korea, and Taiwan, are the major drivers of the residential and utility battery energy storage systems (BESS) markets, as governments incentivize the adoption of these systems to decarbonize the grid. The need for technological advancements to combat challenges, such as energy density, cost, and sustainability, will attract large investments in the battery material market. Lithium-ion batteries dominate the energy storage landscape for mobile electronic devices and electromobility. However, the market strives for improvement in several aspects: Cost-effectiveness, safety, longevity, energy density, and recyclability.

Batteries are complex products with many different parts, requiring a wide range of materials in construction. This study focuses on 6 key components: Cathode materials, anode materials, electrolytes, separators, binders, and adhesives & sealants.

China dominates almost every tier in the value chain of battery materials. In addition, the mining and processing of materials is highly concentrated in a few regions, which endangers the supply chain. Countries across the world are making efforts to diversify and secure the supply chain. In the last 2 years, there has been a notable increase in the emergence of new start-ups and capacity expansions. Competition is expected to intensify in the coming years due to the focus on securing the supply chain and enhancing market position.

The study aims to determine how market trends, such as advancements in battery chemistries and technologies, increased sales of electric vehicles, evolving regulatory scenarios, and the increasing shift in consumer preferences toward electric vehicles, will impact the demand for specific materials between 2022 and 2029. It analyzes the consumption of considered Li-ion battery materials based on 4 key applications that are consumer electronics, electric vehicles, industrial & ESS (energy storage systems), and others (medical and healthcare devices, portable tools, and electric bikes), and 4 key regions of the Americas, Europe, Asia-Pacific (APAC), and Middle East, Africa, and Southern Asia (MEASA).

Product Code: PEB2-92

Strategic Imperatives

Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Li-ion Battery Materials Industry
Growth Opportunities Fuel the Growth Pipeline Engine™

Key Takeaways

Key Findings
Technology Roadmap

Growth Opportunity Analysis

Scope of Analysis
Geographic Scope
Segmentation
Market Definitions
Key Competitors
Growth Metrics
Value Chain
Value Chain Analysis
Growth Drivers
Growth Driver Analysis
Growth Restraints
Growth Restraint Analysis
Forecast Assumptions
Revenue and Volume Forecast
Revenue and Volume Forecast Analysis
Revenue Forecast by Product
Revenue and Volume Forecast Analysis by Product
Revenue Forecast by Region
Revenue and Volume Forecast Analysis by Region
Procurement and Criticality of Raw Materials
Revenue Forecast by Application
Revenue and Volume Forecast Analysis by Application
Pricing Trends and Forecast
Pricing Trends and Forecast Analysis
Competitive Environment
Revenue Share

Growth Opportunity Analysis: Cathode Materials

Characteristics and Overview
Growth Metrics
Characteristics Comparison
Application Presence and Material Selection Criteria
Revenue and Volume Forecast
Forecast Analysis
Volume Forecast by Chemistry
Forecast Analysis by Chemistry
Pricing Trends and Forecast
Pricing Trends and Forecast Analysis
Future Cathode Materials and Potential Impact

Growth Opportunity Analysis: Anode Materials

Characteristics and Overview
Growth Metrics
Revenue and Volume Forecast
Characteristics Comparison
Volume Forecast by Chemistry
Forecast Analysis
Pricing Trends and Forecast
Pricing Trends and Forecast Analysis

Growth Opportunity Analysis: Electrolytes

Characteristics and Overview
Growth Metrics
Materials Overview
Revenue and Volume Forecast
Volume Forecast by Chemistry
Forecast Analysis
Solid-state Electrolytes
Solid-state Batteries Announcements
Pricing Trends and Forecast
Pricing Trends and Forecast Analysis

Growth Opportunity Analysis: Separators

Characteristics and Overview
Wet and Dry Process Separators Comparison
Wet Process and Dry Process Flow
Growth Metrics
Revenue and Volume Forecast
Volume Forecast by Process
Forecast Analysis
Pricing Trends and Forecast
Pricing Trends and Forecast Analysis

Growth Opportunity Analysis: Binders

Characteristics and Overview
Definition and Characteristics
Materials and Composition
Growth Metrics
Revenue and Volume Forecast
Volume Forecast by Chemistry
Forecast Analysis
Pricing Trends and Forecast
Pricing Trends and Forecast Analysis

Growth Opportunity Analysis: Adhesives & Sealants

Characteristics and Overview
Growth Metrics
Revenue and Volume Forecast
Volume Forecast by Application
Forecast Analysis
Pricing Trends and Forecast
Pricing Trends and Forecast Analysis

Growth Opportunity Universe

Growth Opportunity 1: Changing Government Regulations
Growth Opportunity 2: Long-term Strategic Partnerships
Growth Opportunity 3: Development of State-of-the-art Technologies

Next Steps

Your Next Steps
Why Frost, Why Now?
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