Global Cathode Active Materials Market Forecast to 2030
The research Cathode Active Materials Market report assesses the market dynamics, market landscape, company profiles, production and manufacturing capacity, year-on-year growth rate, SWOT analysis, and Porter’s Five Forces analysis. The report estimates the market size, market growth, and provides an accurate forecast for the key segments of the market for the forecast period of 2022-2030. The report also covers an in-depth analysis of the key competitors of the market, along with their growth strategies and business expansion plans.
The global Cathode Active Materials (CAM) market size reached USD 16.43 Billion in 2021 and is expected to register a revenue CAGR of 8.7% during the forecast period, according to latest analysis by Emergen Research. Rising demand for electric vehicles due to their ability to provide improved performance while reducing vehicle emissions is a major factor driving the market revenue growth. In addition, technological advancements in the automotive industry and innovation in e-mobility technology trends is another key factor driving the market revenue growth in various countries. Today’s electric vehicles incorporate lithium-ion batteries due to their high energy per unit mass relative to other electrical energy storage systems. They also have a high power-to-weight ratio, outstanding high-temperature performance, and minimal self-discharge. A CAM is made into a slurry and then uniformly deposited on a current collector in traditional lithium-ion battery production. NMP, a dangerous and high-boiling-point solvent, is required. This method necessitates the use of energy, space, and money for drying and recycling. As a result, market companies are investing in research development activities and implementing strategies to adhere to environmental standards in various countries.
However, worries about battery storage and shipping safety are limiting the increased demand for cathode materials. Government regulations, laws, and safety concerns related to shipping cathode materials are additional significant factors limiting market revenue growth. Despite this, considerable investments in the manufacturing of eco-friendly battery materials and quick progress in the technology of processing for refining precursor CAM are the main drivers of the market's revenue growth. For instance, on December 5, 2022, the European Investment Bank (EIB) announced a USD 39.04 million loan to Königswarter Ebell, a completely owned German subsidiary of Pure Battery Technologies in Australia. The financing was made possible through the InvestEU programme (PBT).
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Cathode Active Materials market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Umicore, 3M, Mitsubishi Chemical Group Corporation, Posco chemical, BASF SE, Hitachi Metals, Ltd., Kureha Corporation, Sumitomo Metal Mining Co., Ltd., Mitsui Co., Ltd., NEI Corporation
Research Report on the Cathode Active Materials Market Addresses the Following Key Questions:
- Who are the dominant players of the Cathode Active Materials market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Cathode Active Materials market?
- What are the key growth drivers and restraining factors of the Cathode Active Materials market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Cathode Active Materials market and its key segments?
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Market Overview:
The report bifurcates the Cathode Active Materials market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Material Type Outlook (Revenue, USD Billion; 2019-2030)
- Lithium-Ion Cathode Materials
- Lead-Acid Cathode Materials
- Other Cathode Materials
Battery Type Outlook (Revenue, USD Billion; 2019-2030)
- Lithium-Ion-Batteries
- Lead-Acid-Batteries
- Others
Regional Outlook (Revenue, USD Billion; 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
- North America
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Regional Landscape section of the Cathode Active Materials report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Cathode Active Materials market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Cathode Active Materials with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
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