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Battery Metals  Market

Battery Metals Market Size and Segment by Type (Lithium, Nickel, Cobalt, Others) By Application (Electric Vehicles, Consumer Electronics, Energy Storage Systems, Others) Battery type (Lithium-ion (Li-ion), Lead-acid, Nickel metal hydride (Ni-Mh), Nickel-cadmium (Ni-Cd), Others.), and by Regions | Global Market Forecast 2022-2028

Report Id: SNS/C&M/1690 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Battery Metals Market Size was valued at expected to reach USD 22.36 billion by 2028, and USD 17.57 billion in 2021 and  grow at a CAGR of 3.5 % over the forecast period 2022-2028. In a variety of critical applications, such as electric vehicles, off-grid battery storage, and consumer electronics, the battery is the most important component.

Investment in research and development for long-lasting and high-efficiency batteries has recently increased. Metals are important components of the cathode and other elements of the battery. Lithium may be found in both the cathode and anode of a lithium-ion battery, making it an important battery metal.

Battery Metals Market Revenue Graph

Market Dynamics:

Drivers:

  • Electronics are becoming more integrated.

  • Transportation demand is increasing.

  • Government incentives and fuel savings for cleaner transportation

  • OEMs are releasing new hybrid and electric vehicle models.

Restraints:

  • For electric vehicles, there is a lack of support infrastructure.

  • Safety concerns around the use of batteries

Opportunity:

  • Electric and hybrid vehicles are becoming more popular.

  • R&D in hybrid and electric vehicle batteries

Challenge:

  • Initial investment is high and the range is limited.

  • Oil prices that fluctuate

Impact of Covid-19:

The covid-19 pandemic, which began in China, has now spread throughout the world. The government is taking precautions to combat Covid-19. Lockdown and social distancing norms are having an impact on product supply in all businesses. It also has a substantial impact on the battery materials market's supply chain. The energy sector is having problems producing due to a workforce shortage, which causes delays in the shipping process, which causes delays in projects, research, and development. The sales of batteries and the rate at which they are produced have both dropped dramatically. Materials for the batteries are in short supply due to export-import limitations. Production delays have been announced by China's leading battery material makers. The production of numerous industries has come to a halt. The battery materials market trends are falling as a result of production challenges during Covid-19. By taking the appropriate actions, the leading players are attempting to enhance the market demand for battery materials.

Key Players:

3M, BASF SE, DowDuPont, Entek, Ecopro, Hitachi Chemical Co. Ltd, Mitsubishi Chemical Corporation, Nippon Denko Co. Ltd, Solvay, Celgard LLC, and other players.

Market Segmentation:

By Type

  • Lithium

  • Nickel

  • Cobalt

  • Others

By Application

  • Electric Vehicles

  • Consumer Electronics

  • Energy Storage Systems

  • Others

Battery type

  • Lithium-ion (Li-ion)

  • Lead-acid

  • Nickel metal hydride (Ni-Mh)

  • Nickel-cadmium (Ni-Cd)

  • Others.

Battery Metals Market Segment Pie Chart

Regional Analysis:

North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America are the primary regions in the battery materials market. According to the battery materials market data, Asia Pacific accounted for the largest share of the market. This was due to the region's increased need for electronic products. Apart from that, the market in this region is being driven by improved economic conditions, high earnings, and low electronics costs. In the projection timeframe, Asia Pacific will also have the greatest CAGR. Europe is also experiencing rapid expansion, mainly to the region's burgeoning automobile industry.

Because of the existence of advanced consumer technology, the North American region is predicted to grow at a rapid rate during the forecast period. The automobile industry in the United States will also play a significant role in raising demand for battery materials in this region. Because of industrialization, Latin America's market will increase positively. Due to economic progress, the market in the Middle East and Africa will rise moderately.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Battery Metals Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 22.36 Billion
Market Size by 2028 US$ 17.57 Billion
CAGR CAGR of 3.5% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Lithium, Nickel, Cobalt, Others)
• By Application (Electric Vehicles, Consumer Electronics, Energy Storage Systems, Others) Battery type (Lithium-ion (Li-ion), Lead-acid, Nickel metal hydride (Ni-Mh), Nickel-cadmium (Ni-Cd), Others.)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles 3M, BASF SE, DowDuPont, Entek, Ecopro, Hitachi Chemical Co. Ltd, Mitsubishi Chemical Corporation, Nippon Denko Co. Ltd, Solvay, Celgard LLC, and other players.
DRIVERS • Electronics are becoming more integrated.
• Transportation demand is increasing.
• Government incentives and fuel savings for cleaner transportation
Restraints • For electric vehicles, there is a lack of support infrastructure.
• Safety concerns around the use of batteries


Frequently Asked Questions (FAQ) :

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

 

Ans: The covid-19 pandemic, which began in China, has now spread throughout the world. The government is taking precautions to combat Covid-19. Lockdown and social distancing norms are having an impact on product supply in all businesses. It also has a substantial impact on the battery materials market's supply chain. The energy sector is having problems producing due to a workforce shortage, which causes delays in the shipping process, which causes delays in projects, research, and development. The sales of batteries and the rate at which they are produced have both dropped dramatically. Materials for the batteries are in short supply due to export-import limitations.

Ans: Key stakeholders considered in the study:
Raw material vendors
distributors/traders/wholesalers/suppliers
regulatory authorities, including government agencies and ngo
commercial research & development (r&d) institutions
importers and exporters
government organizations, research organizations, and consulting firms
trade/industrial associations
end-use industries are the stake holder of this report

 

Ans: Initial investment is high and the range is limited and Oil prices that fluctuate are the challenges faced by the Battery Metals Market.

 

Ans: Global Battery Metals Market Size was valued atexpected to reach USD 22.36 billion by 2028, and USD 17.57 billion in 2021 and grow at a CAGR of 3.5 % over the forecast period 2022-2028.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global Battery Metals Market Segment, By Type

8.1 Lithium

8.2 Nickel

8.3 Cobalt

8.4 Others

 

9. Global Battery Metals Market Segment, By Application

9.1 Electric Vehicles

9.2 Consumer Electronics

9.3 Energy Storage Systems

9.4 Others

 

10. Global Battery Metals Market Segment, Battery type

10.1 Lithium-ion (Li-ion)

10.1 Lead-acid

10.3 Nickel metal hydride (Ni-Mh)

10.4 Nickel-cadmium (Ni-Cd)

10.5 Others.

 

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6Latin America

10.6.1Brazil

10.6.2Argentina

10.6.3 Rest of Latin America

 

11. Company Profile

11.1 3M

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 SWOT Analysis

11.1.4 The SNS view

11.2 BASF SE

11.3 DowDuPont

11.4 Celgard, LLC

11.5 Solvay

11.6 Mitsubishi Chemical Corporation

11.7 Entek

11.8 Ecopro

11.9 Hitachi Chemical Co. Ltd

11.10 Nippon Denko Co., Ltd

 

12.Competitive Landscape

12.1 Competitive Benchmark

12.2 Market Share analysis

12.3 Recent Developments

 

13. Conclusion

 

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Secondary Research

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