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Lithium-ion Battery Cathode Materials Market Size-Share 2021, Analysis by Manufacturers, Competitive Landscape, Future Growth, Strategy and Forecast to 2027 - Umicore, Nichia, Reshine, L&F, ShanShanTech, Sumitomo, Targray, BASF

10-28-2021 09:28 AM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The “Lithium-ion Battery Cathode Materials Market” report provides 2021-2027 a detailed market overview based on current and future trends that will determine the profit structure. Market size, demand, supply chain, market growth factors, and future trends. It involves an in-depth study of the current trends leading to this vertical trend in different regions. The report provides important information related to components and factors such as market size, market share, market segmentation, main growth drivers, and market competition. Lithium-ion Battery Cathode Materials market segments are highlighted by type and application, region, and major players. It provides key statistics on the market conditions of major market participants.

“The Lithium-ion Battery Cathode Materials Market is predicted to register a CAGR of 10.7% over the forecast period 2021 – 2027.”

Key Competitors of the Lithium-ion Battery Cathode Materials market is:

Umicore, Nichia, Reshine, L&F, ShanShanTech, Sumitomo, Targray, BASF, Mitsubishi, LG Chem, NEI Corporation, American Elements

Recent Development:

Umicore has acquired 6 companies, including 2 in the last 5 years. It has also divested 2 assets. Umicore’s largest acquisition to date was in 2003 when it acquired Metal Business - OM Group for $1.1B. Its largest disclosed sale occurred in 2016 when it sold EverZinc to OpenGate Capital for $160M. Umicore has been acquired in 3 different US states, and 4 countries. The Company’s most targeted sectors include chemicals (34%) and metals/mining (34%).

LG Chem has acquired 1 company. It has also divested 2 assets. Its largest disclosed sale occurred in 2020 when it sold LG Chem - LCD Polarizer Business to Ningbo Shanshan for $1.1B. LG Chem has acquired in 1 US state. The Company’s most targeted sectors include machinery (100%). LG Chem, Ltd. engaged in the manufacture of petrochemicals. polyvinyl chloride (PVC) resins, low-density polyethene (LDPE), poly styrene (PS), acrylonitrile butadiene styrene (ABS), bisphenol. LG Chem was founded in 1947 and is based in Seoul, South Korea.

Get a Sample Link of this Report:

https://www.marketintelligencedata.com/reports/805312/global-and-japan-lithium-ion-battery-cathode-materials-market-insights-forecast-to-2027/inquiry?mode=rukaiyya

Impact of COVID-19 on the Lithium-ion Battery Cathode Materials Market:

The rise of COVID-19 has tempered showcase improvement; anyhow, the market is consistently choosing up-tempo because of growing lockdowns. The fast increment in CAGR is thanks to the request and extension of this marketplace, which is a practicality to come to pre-pandemic ranges once the large, is gone.

Major Types covered are:

Lithium Cobalt Oxide (LCO)
Lithium Nickel Manganese Cobalt Oxide (NMC)
Lithium Nickel Cobalt Aluminium Oxide (NCA)
Lithium Manganese Oxide (LMO)
Lithium Iron Phosphate (LFP)

Major Applications covered are:

Consumer Electronics
Power Battery
Others

To Get Report Link:

https://www.marketintelligencedata.com/reports/805312/global-and-japan-lithium-ion-battery-cathode-materials-market-insights-forecast-to-2027?mode=rukaiyya

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APAC dominates the Lithium-Ion Battery Cathode Material market:

APAC dominates the Lithium-Ion Battery Cathode Material market with a share of more than 40%, followed by Europe and the Asia Pacific. Due to the increased usage of EVs and industrial sectors driven by use in telecommunications, railways, electricity, and other industrial applications, the high demand for batteries from the automotive sector drives the battery materials market at APAC. In addition, the growing use of lithium-ion batteries in energy storage systems, rising government regulations to boost vehicle fuel efficiency, and rapid industrialization are also expected to propel the global demand for lithium-ion battery cathodes. By the amount of cobalt within the cathode, the lithium-ion battery can be customized. These customizations help to reduce the total manufacturing costs of lithium-ion batteries. Therefore, a move towards the use of cost-effective batteries in industries such as oil, coal, and renewable energy is expected to fuel the global demand for lithium-ion battery cathodes. Industries are becoming increasingly affected due to the COVID-19 pandemic. The coronavirus outbreak has already led to some of the sharpest declines in demand for lithium-ion battery cathode material, which has impacted the market.  

Regional market Lithium-ion Battery Cathode Materials (regional production, demand and forecast by country):

South America (Brazil, Argentina, Ecuador, Chile)

Asia Pacific (China, Japan, India, Korea)

Europe (Germany, UK, France, Italy)

Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.

The inquire approximately record considers the past, display, and destiny execution of the global market. The record advances investigations the display aggressive situations, most important trade models, and consequently the possible headways in services with the aid of using crucial gamers inside the upcoming years.

Buy Report Here:

https://www.marketintelligencedata.com/report/purchase/805312?mode=su?mode=rukaiyya

Key Market Trends:
APAC dominates the Lithium-Ion Battery Cathode Material market owing to increasing demand from the electronics sector in the region.  
Lithium-ion batteries are most effectively used in power backups, mobile, laptops, electric mobility, energy storage systems, and consumer electronic goods.  
The market drivers and restraints have been assessed to understand their impact over the forecast period. The report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. 
The other key areas of focus include the various applications in Lithium-Ion Battery Cathode Material Market and their specific segmented revenue. 

Report Features:

To project the value and sales volume of the Lithium-ion Battery Cathode Materials market, concerning key regions.
To analyses competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To study and analyses the global Lithium-ion Battery Cathode Materials market size (value & volume) by company, key regions, products, and end-user, breakdown data from The Last Five Years, and forecast to 2027.
To understand the structure of the Lithium-ion Battery Cathode Materials market by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, industry-specific challenges, and risks).

Report Customization:

The Global Lithium-ion Battery Cathode Materials Market report may be modified to meet your specific business needs. Because we understand what our clients want, we offer 25% customization for any of our MarketIntelligenceData reports at no additional cost to all or any of our clients.

About Us:

Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.

Contact Us:

Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA

Phone: +1 (704) 266-3234

Mail to: sales@marketintelligencedata.com   

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