Press release
Leading Companies Enhancing Their Presence in the Solid-State Battery Materials Market
The solid-state battery materials sector is poised for remarkable expansion as technological advancements and increasing applications drive demand. With growing interest in electric vehicles and energy storage, this market is set to transform energy solutions by 2030. Let's explore the market's size, key players, emerging trends, and the important segments shaping its future.Projected Market Value and Growth of the Solid-State Battery Materials Market
The solid-state battery materials market is forecasted to experience significant growth, reaching a valuation of $4.03 billion by 2030. This surge corresponds to a compound annual growth rate (CAGR) of 28.4%. Factors motivating this growth include improvements in ceramic and sulfide electrolyte technologies, expansion in solid-state battery manufacturing especially for electric vehicles (EVs), increasing demand for high-performance energy storage solutions, and the rise of flexible and thin-film battery innovations. Additionally, developments in polymer and oxide materials are enhancing battery safety and lifespan. Key trends expected over the coming years include broader use of solid-state materials in EVs, advancements in high ionic conductivity electrolytes, and growing applications in consumer electronics, energy storage, and medical devices.
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Leading Companies Driving Innovation in the Solid-State Battery Materials Market
The competitive landscape of the solid-state battery materials market features numerous prominent players. These include SK innovation Co. Ltd., Asahi Kasei Corporation, Toray Industries Inc., Samsung SDI Company Limited, Corning Incorporated, Murata Manufacturing Company Limited, Mitsui Mining And Smelting Company Limited, Hitachi Zosen Corporation, Materion Corporation, Cymbet Corporation, Shenzhen Grepow Battery Co. Ltd., QuantumScape Corporation, ProLogium Technology Company Limited, Factorial Energy, LG Energy Solution Limited, BrightVolt Incorporated, Solid Power Incorporated, Ampcera Incorporated, Ilika Public Limited Company, and WeLion New Energy Technology Co. Ltd.
In a notable development in September 2025, QuantumScape Corporation from the US partnered with Corning Incorporated to enhance manufacturing capabilities. This collaboration focuses on producing advanced ceramic separators for next-generation solid-state lithium-metal batteries, aiming to boost battery performance, safety, and scalability for mass production. Corning Incorporated specializes in advanced glass and ceramic materials critical to solid-state battery technology.
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Emerging Trends Highlighting the Future of Solid-State Battery Materials
Industry leaders are increasingly investing in pilot plants and advanced production technologies to accelerate the commercialization of solid-state batteries. These pilot plants are small-scale manufacturing setups designed to test and validate new processes before full-scale production. For example, SK On Co. Ltd. of South Korea launched a pilot plant in September 2025 dedicated to sulfide-based all-solid-state batteries (ASSBs) and lithium-metal batteries. This facility employs warm isostatic press (WIP) technology to improve electrode density and battery performance, enhancing energy density, safety, and cycle life. This advancement aligns with rising demand for high-performance EV batteries, longer driving ranges, and efforts to reduce carbon emissions through cleaner transportation technologies.
Key Segments in the Solid-State Battery Materials Market
This analysis segments the solid-state battery materials market by material type, battery type, application, and end-user to provide a comprehensive view:
1) By Material Type: Ceramic, Sulfide, Polymer, Oxide, and Other Materials
2) By Battery Type: Thin-Film, Bulk, Flexible, and Other Batteries
3) By Application Type: Consumer Electronics, Electric Vehicles, Energy Storage Systems, Medical Devices, and Other Applications
4) By End-User: Automotive, Electronics, Industrial, Aerospace and Defense, and Other End-Users
Further breakdown of material subsegments includes:
- Ceramic materials such as Lithium Lanthanum Zirconium Oxide, Aluminum Oxide, Silicon Carbide, and Magnesium Oxide
- Sulfide materials including Lithium Phosphorus Sulfide, Argyrodite, Thio-LiSICON, and Lithium Sulfide
- Polymers like Polyethylene Oxide, Polyvinylidene Fluoride, Polyacrylonitrile, and Polyurethane
- Oxides such as Lithium Cobalt Oxide, Lithium Manganese Oxide, Lithium Nickel Manganese Cobalt Oxide, and Spinel Oxide
- Other materials covering Composite Electrolytes, Hybrid Electrolytes, Glassy Electrolytes, and Solid Solution Electrolytes
This detailed segmentation highlights the diversity of materials and applications contributing to the rapid growth and innovation within the solid-state battery materials market.
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