Press release
Battery Raw Materials Market is Forecasted to Reach US$ 99.2 Billion in 2030, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm has launched a report on the global battery raw materials market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/3901/battery-raw-materials-market.html#form
Report Highlights:
Market Size in 2030: US$ 99.2 billion
Growth (CAGR): 9.4% during 2024-2030
Forecast Period: 2024-2030
Trend Period: 2018-2022
Base Year: 2023
Number of Segments Covered: 4
Number of Tables & Graphs: 100+
Segment Insights on the Battery Raw Materials Market:
The global Battery Raw Materials market is segmented based on Battery type, Material type, Application type, and Region.
Based on battery type - The market is segmented into Lithium-Ion, Lead Acid, and Other. Lead-acid batteries have the highest demand in battery raw materials largely attributed to auto and industry consumption. Its cost, cycle life and successful recycling make it the go-to material when it comes to energy storage systems. Another support to their leadership is found in the automotive industry, especially in the lead-acid batteries used in starting, lighting, and ignition (SLI).
Lithium-ion batteries are the second highest growing category due to higher energy density, longer cycle life, and evolutions in usage from EVs, portable electronics, and utility-scale stationary storage systems. Technological progress in lithium-ion chemistry along with an industry-wide demand for clean energy sources is fueling their expansion.
Based on application type - The market is segmented into Lithium-ion (Consumer Electronics, Automotive, Grid Storage, and Other), Lead Acid (Automotive, UPS, Telecom, and Other), and Others. The automotive segment remains the largest contributor to the lead-acid battery industry since lead-acid batteries are still widely used in conventional vehicles for SLI applications and other ancillary systems. Their low costs and the possibility of reuse also add to their superior status in this usage. In lithium-ion batteries, the automotive segment has the highest CAGR owing to the rapid adoption of EVs and new policies over clean energy. The increasing need for green mobility solutions has also sharply increased lithium-ion uptake in this segment.
To know the most attractive segments, visit:
https://www.stratviewresearch.com/3901/battery-raw-materials-market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
North America dominates the battery raw materials market stake due to its strong automotive market, the latest in energy storage technologies, and a vast investment in renewable energy systems. Enhanced R&D and policy support from the government to the development also favor this region's supremacy.
Asia-Pacific is growing at the fastest rate because of industrialization, the growth in EV manufacturing companies, and the continuously growing consumer electronics market. China sources investment and resources and South Korea together with Japan is spearheading battery innovation.
Battery Raw Materials Market Drivers:
Some of the key drivers listed in the report are given below.
• EV Market Expansion - Rising electric vehicle production fuels demand for lithium, cobalt, and nickel.
• Energy Storage Growth - Increased use of batteries in grid storage boosts raw material consumption.
• Government Policies - Clean energy mandates and incentives support battery material mining and supply.
• Technological Innovation - Advancements in battery chemistries drive exploration of new raw materials.
• Supply Chain Localization - Nations focus on securing local raw material sources for energy security.
Top Companies in the Battery Raw Materials Market:
Stratview Research has identified the following companies as the top market players.
• Targray
• ENTEK
• BASF Catalysts LLC
• DuPont
• Hitachi, Ltd.
• Nichia Corporation
• Mitsubishi Chemical Group Corporation
• Celgard LLC
• Umicore N.V.
• NEI Corporation
Note: The above list does not necessarily include all the top players in the market.
What Unique Insights Does This Report Offer?
This report provides comprehensive insights into the Battery Raw Materials Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Explore more reports here:
• Battery Coatings Market: https://www.stratviewresearch.com/891/battery-coatings-market.html
• Lithium-Ion Battery Separator Market: https://www.stratviewresearch.com/3728/lithium-ion-battery-separator-market.html
400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com
Call Us: +13133074176
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Battery Raw Materials Market is Forecasted to Reach US$ 99.2 Billion in 2030, Says Stratview Research here
News-ID: 3975588 • Views: …
More Releases from Stratview Research
Semiconductor Vacuum Valve Market Set to Reach US$ 1.0 Billion by 2031, Reports …
Stratview Research, a leading global market research firm, forecasts that the global Semiconductor Vacuum Valve market will grow at an annual rate of 6.7%, reaching US$ 1.0 billion by 2031. The report provides a detailed outlook on regional and global markets, emerging trends, segment analysis, competitive landscape, and key market drivers.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/3932/semiconductor-vacuum-valve-market.html#form
Key Report Highlights:
• Market Size by 2031: US$ 1.0 billion
• Growth Rate…
Small Satellites Market Set to Reach US$ 7.7 Billion by 2030, Reports Stratview …
Stratview Research, a leading global market research firm, forecasts that the global Small Satellites market will grow at an annual rate of 2.2%, reaching US$ 7.7 billion by 2030. The report provides a detailed outlook on regional and global markets, emerging trends, segment analysis, competitive landscape, and key market drivers.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/1920/small-satellites-market.html#form
Key Report Highlights:
• Market Size by 2030: US$ 7.7 billion
• Growth Rate (CAGR):…
Hard Body Armor Market Set to Reach US$ 2,271.2 Million by 2031, Reports Stratvi …
Stratview Research, a leading global market research firm, forecasts that the global Hard Body Armor market will grow at an annual rate of 3.2%, reaching US$ 2,271.2 million on by 2031. The report provides a detailed outlook on regional and global markets, emerging trends, segment analysis, competitive landscape, and key market drivers.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/3253/hard-body-armor-market.html#form
Key Report Highlights:
• Market Size by 2031: US$ 2,271.2 million
• Growth…
3D Printing Powder Market Set to Reach US$ 5.8 Billion by 2028, Reports Stratvie …
Stratview Research, a leading global market research firm, forecasts that the global 3D Printing Powder market will grow at an annual rate of 27.1%, reaching US$ 5.8 billion by 2028. The report provides a detailed outlook on regional and global markets, emerging trends, segment analysis, competitive landscape, and key market drivers.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/853/3d-printing-powder-market.html#form
Key Report Highlights:
• Market Size by 2028: US$ 5.8 billion
• Growth Rate…
More Releases for Battery
Thin Film Micro Battery Market, By Rechargeability (Primary Battery, Secondary B …
The thin film micro battery market is expected to witness market growth at a rate of 30.9% in the forecast period of 2022 to 2029. Data Bridge Market Research report on thin film micro battery market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the demand for the Internet of Things (IoT)…
Deep Cycle Gel Battery Market 2022 Analysis by Top Leading Players | Trojan Batt …
The Deep Cycle Gel Battery Market report offers qualitative and quantitative insights as well as a thorough examination of the market size and expansion rate of all potential market segments. The report has been put together using primary and secondary research methodologies, which offer an exact and detailed understanding of the Deep Cycle Gel Battery market. The Deep Cycle Gel Battery Market is projected to succeed at a CAGR of…
Global Power Energy Storage Battery Market 2019 - Lithium Ion Battery,All-vanadi …
Power Energy Storage Battery Market
The Global Power Energy Storage Battery Market 2019 Research Report incorporates a total and careful investigation of Power Energy Storage Battery industry covering diverse perspectives like market volume, piece of the overall industry, advertise techniques, Power Energy Storage Battery development patterns, assortment of uses, use volume, request and supply examination, creation limit and Power Energy Storage Battery industry cost structures amid Forecast period from…
Space Battery Market analysis report- with Leading players, Types Nickel-based B …
Space Battery Market
The Space Battery Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The report also analyzes the development proposals and the feasibility of new investments. The Space Battery Market report has been collated in order to provide guidance and direction to the companies and individuals interested in buying this…
Global EV Battery Recycling Market : Nickel–Cadmium Battery, Nickel–Metal Hy …
The EV Battery Recycling Market Research Report consists of all the essential information in regards to the global market. This report presents an in-depth analysis of various industry factors, such as the market trends, dynamics, production, estimates, industry development drivers, size, share, investigation, supply, forecast trends, sales, industry demand, as well as several other factors.
The Global EV Battery Recycling Market report has been generated leveraging a target amalgamation…
Global Lead Acid UPS Battery Market 2017 : Sebang Global Battery, CSB Battery, H …
Global Lead Acid UPS Battery Market 2016-2017
A market study based on the " Lead Acid UPS Battery Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Lead Acid UPS Battery Market 2017’. The research report analyses the historical as well as present performance of the worldwide Lead Acid UPS Battery industry, and makes predictions on the future status of Lead Acid UPS Battery…
