Global Lithium Nickel Cobalt Manganese Oxide Market Research Report 2022

Lithium nickel cobalt manganese Oxide short form: NMC (NCM, CMN, CNM, MNC, MCN similar with different metal combinations) is kind of anode materials, which is mainly used to manufacture energy cells or power cells. This materials combines the lithium cobalt oxide is known for its high specific energy but poor stability; lithium manganese oxide has the benefit of forming a spinel structure to achieve low internal resistance but offers a low specific energy. Lithium nickel cobalt manganese oxide combining the metals enhances each other strengths.
Market Analysis and Insights: Global Lithium Nickel Cobalt Manganese Oxide Market
Due to the COVID-19 pandemic, the global Lithium Nickel Cobalt Manganese Oxide market size is estimated to be worth US$ 1494.2 million in 2022 and is forecast to a readjusted size of US$ 1260.1 million by 2028 with a CAGR of -2.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, NMC111 accounting for % of the Lithium Nickel Cobalt Manganese Oxide global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Notebook segment is altered to an % CAGR throughout this forecast period.
Global Lithium Nickel Cobalt Manganese Oxide key players include Umicore, NICHIA CORPORATION, Tanaka Chemical, L and F, 3M, etc. Global top five players hold a share about 35%.
China is the largest market, with a share about 35%, followed by South Korea and Japan, having a total share about 50 percent.
In terms of product, NMC111 is the largest segment, with a share about 45%. And in terms of application, the largest application is Battery materials for small mobile devices, followed by Battery materials for EV of Large-scale LIB.
Global Lithium Nickel Cobalt Manganese Oxide Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Lithium Nickel Cobalt Manganese Oxide Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
NMC111
NMC532
NMC442
Others
Segment by Application
Notebook
Tablet PC
Portable power
Electric tool
Electric bicycle
Others
By Company
Umicore
NICHIA CORPORATION
Tanaka Chemical
LandF
3M
TODA KOGYO CORP
BASF
AGC SEIMI CHEMICA
Shanshan Advanced Materials
Jinhe New materials
CEC
Xiamen Tungsten
Tianli
Easpring Material Technology
Kelong NewEnergy
Tianjiao Technology
Changyuan Lico
STL
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina

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