PUBLISHER: SNE Research | PRODUCT CODE: 1230332
PUBLISHER: SNE Research | PRODUCT CODE: 1230332
The global LIB market has seen a huge growth since 1991 when Sony first developed the lithium-ion battery, and the Japanese cell makers, such as Panasonic (Sanyo) and Hitachi have been leading the market growth with IT devices as a center. In the 2000s, the Korean companies as well as the Chinese makers started to enter the market, and as of today, the size of lithium-ion battery market reaches almost 40 trillion won. A huge leap in the market for electric vehicles and ESS is expected in future, and along with such strong growth, the LIB 4 major components market has been also growing.
The LIB 4 major components market has been led by the Japanese makers based on their technical prowess. With the Korean material companies growing and the late-comers from China growing rapidly in the fast-expanding Chinese LIB market, it is a three-sided was among the three Asian countries: Korea, Japan, and China.
The LIB industry in Korea launched when LG Energy Solution in 1999 and Samsung SDI in 2000 started the mass production of lithium-ion battery. The two battery makers, who are currently at the forefront of the global LIB industry, focused on current collector and can at the beginning. After 2005, many new companies entered the LIB industry, mainly focusing on the 4 major components. Particularly today, there are several Korean companies across the entire LIB materials market. Even in the market of LIBs for electric vehicles and energy storage system, regarded as a future growth market, the Korean companies are known for their competitiveness. As the LIB industry is expected to continuously grow, more material companies in Korea are forecasted to keep growing and participating in the market.
This report can be divided into two parts: one, the LIB market outlook and two, analysis of LIB material manufacturers in Korea, Japan, and China. To be specific, the global LIB market outlook includes market forecast for small-size IT battery, mid/large-size xEV and ESS LIB. The report also provides the current status of global and Korean markets for major components and their outlook. The production capacity and supply of major manufacturers are also covered in this report.
The manufacturers' introduction includes their company profile, history, business status, product, and manufacturing process. The number of manufacturers covered in this report is 90: 32 cathode material companies, 26 anode material companies, 15 separator companies, and 16 electrolyte companies.