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Report Scope & Overview:

Battery Metals Market Size was valued at expected to reach USD 23.94 billion by 2030, and USD 18.18 billion in 2022 and  grow at a CAGR of 3.5% over the forecast period 2023-2030. 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 Analysis

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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.

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 Segmentation Analysis

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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

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.

DowDuPont-Company Financial Analysis

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Battery Metals Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 18.18 Billion
Market Size by 2030 US$ 23.94 Billion
CAGR CAGR of 3.5% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
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

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
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World

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

11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6Latin America
11.6.1Brazil
11.6.2Argentina
11.6.3 Rest of Latin America

12. Company Profile
12.1 3M
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 BASF SE
12.3 DowDuPont
12.4 Celgard, LLC
12.5 Solvay
12.6 Mitsubishi Chemical Corporation
12.7 Entek
12.8 Ecopro
12.9 Hitachi Chemical Co. Ltd
12.10 Nippon Denko Co., Ltd

13.Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments

14. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

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Data Bank Validation

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