Lithium Ion Battery Cathodes: Market Shares, Strategies, and Forecasts, Worldwide, 2018 to 2024

SKU ID : WGR- 12990247

Publishing Date : 13-Apr-2018

No. of pages : 222

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  • Worldwide markets are poised to achieve continuing growth as the advantages brought by using new materials are used to decrease the cost of producing lithium ion batteries. The customization achieved by reducing the quantity of cobalt proportionally inside the cathode is a significant market growth driver.

    Lithium-ion Batteries at $100/kWh Make EVs Cheaper Than Traditional Gas-Powered Vehicles. As the new cathode technologies are applied to lithium ion batteries, the cost of lithium ion batteries will continue to decrease. Lithium-ion batteries aim to cost $100/kWh, – a cost that makes EVs cheaper than traditional gas-powered vehicles. Companies are targeting between $80/kWh and $100/kWh. Realistically companies will likely approach $100/kWh.

    NMC lithium battery cathode materials are used for electric vehicles. As the cathode markets develop toward NMC, it is clear the LFP favored by Chinese manufacturers, not suitable for electric vehicles will lose market share. Current NMC ternary lithium-ion batteries from South Korean and Japanese makers typically employ a ratio of 60% nickel to 20% manganese, and 20% cobalt (6:2:2), but as that ratio moves to 8:1:1 in 2018 and beyond, the cathode is a key element in achieve vast cost efficiencies.

    On the basis of product, the market is primarily split into

    Cobalt
    Manganese
    Nickel Cobalt Manganese (NMC)
    Lithium Iron Phosphate (LFP)

    Worldwide Lithium Ion Battery cathodes have many applications. On the basis on the end users/application, this report covers

    Electric Vehicles
    Drones, UAV, UUV
    Power Tools
    Smart Phone Equipment
    Consumer Electronics Products
    Other

    Worldwide Lithium Ion Battery cathode market at $5.1 billion market in 2017, is expected to reach $58.8 billion by 2024.

    Companies Profiled

    Market Leaders

    Sumitomo Metal Mining (SMM)
    Panasonic
    BASF
    Umicore
    NEI Corporation
    LG
    Argonne National Labs
    Easpring
    Mitsubishi Chemical
    Reshine
    Long Power Systems
    Targray
    Toda Kogyo
    Fujitsu
    Pulead
    JFE Chemical
    Samsung
    Hitachi Chemical

    Key Topics

    Cathode
    Cobalt
    Lithium Ion Battery
    EV
    Electric Vehicle
    Electric Vehicles
    Drones
    UAV
    UUV
    Power Tools
    Smart Phone Equipment
    Consumer Electronics
    Manganesem
    Nickel Cobalt Manganesem (NMC)
    NMC 811
    NMC 632
    Lithium Iron PhospNMC 632hate (LFP Manganese
    Nickel Cobalt Aluminium (NMA)

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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