openPR Logo
Press release

Global NMC Cathode Powders Market Driven by Lithium-ion Battery Boom Across Automotive Sector

06-08-2025 03:27 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

NMC Cathode Powders Market Size

The global NMC Cathode Powders market was valued at US$ 1584 million in 2023 and is anticipated to reach US$ 4499 million by 2030, witnessing a CAGR of 16.1% during the forecast period 2024-2030.

Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-10H17605/Global_NMC_Cathode_Powders_Market_Research_Report_2024

One of the most successful li-ion cathode formulas developed to date is obtained by combining nickel, manganese, and cobalt. Lithium-Nickel-Manganese-Cobalt-Oxide (LiNiMnCoO2), abbreviated as NMC, has become the go-to cathode powder to develop batteries for power tools, e-bikes and other electric powertrains. It delivers strong overall performance, excellent specific energy, and the lowest self-heating rate of all mainstream cathode powders, which makes it the preferred option for automotive batteries.

North American market for NMC Cathode Powders is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for NMC Cathode Powders is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The major global manufacturers of NMC Cathode Powders include Targray, Tmax, Sumitomo, Nichia, LG Chem, L & F Co, Umicore, BASF, Gelon LIB Group, NOVONIX, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

By Type
• NMC 811
• NMC 532
• NMC 622

By Application
• Power Battery
• Energy Storage Batte

Key Companies
Targray, Tmax, Sumitomo, Nichia, LG Chem, L & F Co, Umicore, BASF, Gelon LIB Group, NOVONIX

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-10H17605/global-nmc-cathode-powders

Email Id:
Please reach us at sales@valuates.com

Address:
Valuates,
4th Floor,
Balaraj's Arcade,
Whitefield Main road,
Bangalore 560066

Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

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 Global NMC Cathode Powders Market Driven by Lithium-ion Battery Boom Across Automotive Sector here

News-ID: 4056138 • Views:

More Releases from Valuates Reports

Smart Composter Market Surges as Households and Cities Turn to Eco-Friendly Wast …
Smart Composter Market Smart composter, means mechanical composting is the most effective method of municipal waste disposal. The structure consists of a built-in shredder and a cylindrical container. In it, an agitation system simultaneously crushes and mixes the waste, breaking it down, reducing its volume and accelerating pre-decomposition. The heating element of the organic waste composter provides additional heat to optimize the action of microorganisms and accelerate the composting process to
Ethylene-vinyl Acetate (EVA) Resin Market Expands with Surge in Packaging, Solar …
Ethylene-vinyl Acetate (EVA) Resin Market Share This report studies the EVA Resin market, Ethylene-vinyl acetate (EVA) resin, also known as PEVA, is the copolymer of ethylene and vinyl acetate. The weight percent vinyl acetate (VA) usually varies from 10 to 40%, with the remainder being ethylene. Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-14C8259/Global_Ethylene_Vinyl_Acetate_EVA_Resin_Market_Insights_and_Forecast_to_2028 China is the world's largest market for EVA resins, with a market share of over 30%, followed by North America and South Korea,
Plasterboard Liner Market Sees Steady Growth as Construction & Renovation Demand …
Plasterboard Liner Market Size The global market for Plasterboard Liner was valued at US$ 6331 million in the year 2024 and is projected to reach a revised size of US$ 9534 million by 2031, growing at a CAGR of 6.1% during the forecast period. Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-16H9172/Global_Plasterboard_Liner_Market_Insights_and_Forecast_to_2028 Global core plasterboard liner manufacturers include WEIG-Karton, SCG Packaging etc.The top 2 companies hold a share about 15%.Asia Pacific is the largest market, with a
Multi-beam Mask Writer Market Expands Rapidly Amid Surge in Semiconductor and EU …
Multi-beam Mask Writer Market Size The global market for Multi-beam Mask Writer was valued at US$ 960 million in the year 2024 and is projected to reach a revised size of US$ 2084 million by 2031, growing at a CAGR of 11.9% during the forecast period. Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-22S13022/Global_Multi_beam_Mask_Writer_Market_Research_Report_2023 Global key players of Multi-beam Mask Writer include IMS Nanofabrication, NuFlare Technology. China is the largest market, and has a share about 46%,

All 5 Releases


More Releases for NMC

Nickel Manganese Cobalt (NMC) Market 2021 | Detailed Report
ReportsnReports publishes the report titled Nickel Manganese Cobalt (NMC) that presents a 360-degree overview of the market under one roof. The report is developed with the meticulous efforts of an enthusiastic and experienced team of experts, analyts, and researchers that makes the report a valuable asset for stakeholders to make robust decisions. This report also provides an in-depth overview of product type, specification, technology, and production analysis considering vital factors
MBBS Seats Will Increase Now as the Lok Sabha Cleared the NMC Bill
29th July, Monday. Lok Sabha on Monday 29th July has passed the National Medical Commission (NMC) Bill which states the replacement of the unscrupulous MCI with another body, which would mark an end to the inspector raj in the medical education sector as described by the government. The bill that attempts to oppose the Indian Medical Council Act 1956, was passed by a voice vote amid a walkout of the opposition
Global Elastomeric Foam Rubber Market 2019 | Armacell, K-FLEX, NMC, Zotefoams, K …
The global market status for Elastomeric Foam Rubber is precisely examined through a smart research report added to the broad database managed by Market Research Hub (MRH). This study is titled “Global Elastomeric Foam Rubber” Market Research Report 2019, which tends to deliver in-depth knowledge associated to the Elastomeric Foam Rubber market for the present and forecasted period until 2019. Furthermore, the report examines the target market based on market
Global Tinplate Market 2019 Top Key Players: Arcelor Mittal, NMC, JFE, Thyen Kru …
The “Global Tinplate Market 2019-2024” report has been added to Market.biz. This Tinplate Market report provides a complete analysis of Tinplate Market Size Data and development forecast from 2019-2024. Expanding demand from developing countries to drive growth in the market. The important and significant data in the study makes the analysis a very important tool for specialists, analysts and managers to get ready-to-access analysis by the industry professionals. This Tinplate market
Global NMC Lithium-Ion Batteries Market 2018 - AGC, BAK, BYD
Eminent Market Reports, recently published a detailed market research study focused on the “NMC Lithium-Ion Batteries Market” across the global, regional and country level. The report provides 360° analysis of “NMC Lithium-Ion Batteries Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of NMC
Global Baggage Tractors Market Research Report 2017 : SOVAM GSE, VOLK, NMC-Wolla …
Qyresearchreports include new market research report "Global Baggage Tractors Market Research Report 2017" to its huge collection of research reports. In this report, the global Baggage Tractors market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue