Lithium-ion (Li-ion) Battery Materials Market Share, Size 2021 Movements by Analysis, Progression Status, Revenue Expectation to 2027 - Panasonic Corporation, Asahi Kasei Corporation, LG Chem

The Lithium-ion (Li-ion) Battery Materials Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Lithium-ion (Li-ion) Battery Materials Market Size is Projected to Reach at a CAGR of 13% during 2021-2027.

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Market Overview:

Demand for lithium-ion batteries is increasing, owing to their extensive use in consumer electronics products, as these devices are highly dependent on a portable power source for better performance and high reliability. This factor is driving the global lithium-ion battery materials market. The application of lithium-ion batteries in the automotive sector in plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs) improves the efficiency and reduces the maintenance cost of these vehicles. This is also expected to fuel the demand for lithium-ion battery materials during the forecast period. Increasing awareness regarding the use of lithium-ion batteries is also one of the driving factors for the global lithium-ion battery materials market. For instance, various organizations such as the China Association of Automobile Manufacturers and the Advanced Automotive Battery Conference have taken initiatives to raise awareness regarding the use and benefits of electric vehicles (EVs). This, in turn, is propelling the global lithium-ion battery materials market.
Lithium-ion batteries are applied in material handling equipment, cutting machines, drillers, and crane pulley systems, due to their higher energy density and longer battery backup compared to conventional batteries. This, in turn, is anticipated to drive the global lithium-ion battery materials market during the forecast period. Decreasing prices of lithium-ion batteries lead to the use of these batteries in other sectors. This can create immense opportunities for the global lithium-ion batteries market between 2019 and 2027.

Top Leading Companies:

Umicore, Panasonic Corporation, Asahi Kasei Corporation, Sumitomo Corporation, Toray Industries, Inc., LG Chem, Showa Denko K.K., Kureha Corporation, Mitsubishi Chemical Holdings Corporation, Hitachi Chemical Company, Ltd., Targray Technology Internationa

Recent Development:

Panasonic has acquired 19 companies, including 10 in the last 5 years. A total of 9 acquisitions came from private equity firms. It has also divested 7 assets. Panasonic’s largest acquisition to date was in 2021 when it acquired Blue Yonder for $8.5B. Its largest disclosed sale occurred in 2013 when it sold PHC Holdings to L Catterton Partners for $1.7B. Panasonic has acquired in 9 different US states, and 8 countries. The Company’s most targeted sectors include software (28%) and electronics (17%). Panasonic Corporation is a manufacturer of electronics. It manufactures and markets a wide range of products under the Panasonic brand to enhance and enrich lifestyles all around the globe. Panasonic was founded in 1918 and is based in Kadoma, Japan.
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), polystyrene (PS), acrylonitrile butadiene styrene (ABS), bisphenol. LG Chem was founded in 1947 and is based in Seoul, South Korea.
Lithium-ion (Li-ion) Battery Materials Market Segmentation by Type:

Cathode Materials
Anode Materials

Lithium-ion (Li-ion) Battery Materials Market Segmentation by Application:

Automotive
Grid Energy Storage
Consumer Electronics
Others

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North America to Hold a Major Share of Global Lithium-ion Battery Materials Market

North America is expected to hold the leading share of the global lithium-ion battery materials market during the forecast period, owing to the increasing production of electric and hybrid vehicles in the region. The market in the Asia Pacific is expected to expand rapidly in the next few years, due to the continuous growth of consumer electronics and automotive sectors in the region. China is anticipated to hold a leading share of the lithium-ion battery materials market in the Asia Pacific in the near future, followed by South Korea and Japan.
Consumer spending in China and India is increasing due to urbanization and increasing earnings of households. This is driving the demand for new consumer electronics devices. This, in turn, increases the demand for lithium-ion battery materials in these countries. Strict environment-related rules regarding carbon emissions in North America and Europe are likely to create lucrative opportunities for the lithium-ion battery materials market in these regions during the forecast period. Due to the rise in environment-related issues, Europe is witnessing a shift toward electric vehicles to control carbon emissions from the automotive sector.

Regional Lithium-ion (Li-ion) Battery Materials Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
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 additional.

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Highlights of the Lithium-ion (Li-ion) Battery Materials Market Report:

Detailed overview of Lithium-ion (Li-ion) Battery Materials Market
Changing the Lithium-ion (Li-ion) Battery Materials market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Lithium-ion (Li-ion) Battery Materials market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Lithium-ion (Li-ion) Battery Materials Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Lithium-ion (Li-ion) Battery Materials Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Lithium-ion (Li-ion) Battery Materials industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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