Lithium-Ion Battery Cathode Material Market Share And Forecasts, 2030

The Global Lithium-Ion Battery Cathode Material Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

Lithium ions migrate from the negative electrode through an electrolyte to the positive electrode during discharge and back again during charging in a lithium-ion battery, which is a type of rechargeable battery made up of cells.
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Li-ion batteries commonly use graphite for the negative electrode and an intercalated lithium compound for the positive electrode. With the exception of LFP cells, lithium-ion batteries have a high energy density, little memory effect, and a low self-discharge rate.
It is possible to construct cells that emphasise power density or energy. The intercalation and deintercalation of Li ions are the basis of Li-ion batteries. The ions that are introduced into the anode's lattice structure during charging (intercalation) and removed from the anode during discharge come from the cathode (deintercalation).

Cellforce Group, a partnership between Porsche and Customcells, has chosen BASF as its only partner in cell development for its next lithium-ion battery.
To support the development of high-performance battery cells for quick charging and high energy density, BASF will contribute high-energy HEDTM NCM cathode active materials as part of the partnership.

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With a robust R&D network and a position as the world's leading provider of high-performance cathode active materials, BASF is well-positioned to collaborate with others to advance a circular economy.
COMPANY PROFILE
BYD Company
LG Chem
Samsung SDI
Panasonic Corporation
BASF

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