Market Overview:
The global additives for lithium battery market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles (EVs) and portable devices, and the growing industrial sector. Some of the key players in this market are BASF SE (Germany), Clariant AG (Switzerland), Solvay SA (Belgium), and Evonik Industries AG (Germany). The global additives for lithium battery market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into conductive additive, film forming additive, flame retardant additive, and others. The conductive additive segment is expected to hold a major share in terms of revenue in 2018 owing to its ability to improve electrical conductivity and thermal stability in batteries. On the basis of application, EVs are anticipated to account for a larger share than other applications due as they require high-performance batteries with longer life cycles. However, with technological advancements being made every day across all industries including automotive industry; portable devices such as laptops; tablets; smartphones etc.
Product Definition:
An additive is a substance that is intentionally added to improve the performance or characteristics of another material. Lithium battery additives are used to improve the performance and life of lithium-ion batteries. They may be used to improve energy density, increase power density, reduce flammability, or extend cycle life.
Conductive Additive:
Conductive Additives are used in lithium-ion batteries (LiB) to improve the overall performance of the battery. They help in enhancing energy flow between electrodes and electrolyte, as well as improving thermal stability. The most commonly used additive is graphite since it has a high surface area and can be easily incorporated into LiB through molding or sintering method.
Film Forming Additives:
Film forming additives are used in the battery manufacturing process to control and regulate the flow of lithium ions during film deposition. The additives also help in enhancing the quality of films, thereby improving their performance.
The global market for additive is expected to grow at a significant rate owing to increasing demand from various end-use industries such as automotive, consumer electronics, and energy storage among others.
Application Insights:
The industrial segment is expected to witness significant growth over the forecast period owing to rising demand for lithium-ion batteries in various applications including power tools, medical devices and UPS systems. The portable device application segment accounted for a market share of more than 35% in 2017 and is projected to grow at a CAGR exceeding 7% from 2018 to 2030. Increasing use of lithium-ion batteries as primary source of energy in portable devices such as smartphones, laptops and e-bikes are expected fuel the demand over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% from 2018 to 2030 owing to increasing demand for EVs in China and India. The European region accounted for the maximum market share in 2017, which can be attributed to high manufacturing capacity of lithium batteries across Europe coupled with stringent regulations regarding environment protection.
The North American regional market is also estimated to witness significant growth over the forecast period due its early adoption of EV technology along with growing product demand for portable devices and laptops. However, strict environmental regulations by U.S EPA may hamper industry growth over the coming years as it has banned certain chemical additives used in Lithium-ion battery manufacturing process that are essential for production of these batteries across country; this ban will affect global supply chains tremendously thus affecting overall industry growth negatively in near future (Ref).
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This is primarily owing to the increasing concerns about environmental pollution and the need to reduce dependence on fossil fuels. The high cost of electric vehicles is, however, restraining their growth in some regions.
- Development of advanced battery technologies: The development of advanced battery technologies such as lithium-ion batteries and solid-state batteries is aiding the growth of the additives for lithium battery market. These technologies offer better performance as compared to traditional lead acid or nickel-cadmium batteries, thereby resulting in an increase in their adoption across various applications such as consumer electronics, automotive, and energy storage systems.
- Growing demand from renewable energy sector: Renewable sources are becoming increasingly popular owing to concerns about climate change and depleting fossil fuel resources worldwide. This is driving investments in renewable energy projects which are subsequently fueling the demand for additives for lithium battery market globally .
Scope Of The Report
Report Attributes
Report Details
Report Title
Additives for Lithium Battery Market Research Report
By Type
Conductive Additive, Film Forming Additives, Flame Retardant Additives, Others
By Application
EVs, Portable devices, Industrial, Others
By Companies
Cabot Corporation (US), 3M (US), IMERYS (France), Orion Engineered Carbons (Luxembourg), Hammond Group (US), SGL Carbon (Germany), Borregaard (Norway), HOPAX (Taiwan), PENOX (Germany), ALTANA (Germany)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Additives for Lithium Battery Market Report Segments:
The global Additives for Lithium Battery market is segmented on the basis of:
Types
Conductive Additive, Film Forming Additives, Flame Retardant Additives, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
EVs, Portable devices, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cabot Corporation (US)
- 3M (US)
- IMERYS (France)
- Orion Engineered Carbons (Luxembourg)
- Hammond Group (US)
- SGL Carbon (Germany)
- Borregaard (Norway)
- HOPAX (Taiwan)
- PENOX (Germany)
- ALTANA (Germany)
Highlights of The Additives for Lithium Battery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Conductive Additive
- Film Forming Additives
- Flame Retardant Additives
- Others
- By Application:
- EVs
- Portable devices
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Additives for Lithium Battery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Additives for lithium ion batteries are chemicals that help increase the battery's capacity and lifespan. Additives can be found in a variety of forms, including liquids, powders, and gels.
Some of the key players operating in the additives for lithium battery market are Cabot Corporation (US), 3M (US), IMERYS (France), Orion Engineered Carbons (Luxembourg), Hammond Group (US), SGL Carbon (Germany), Borregaard (Norway), HOPAX (Taiwan), PENOX (Germany), ALTANA (Germany).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Additives for Lithium Battery Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Additives for Lithium Battery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Additives for Lithium Battery Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Additives for Lithium Battery Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Additives for Lithium Battery Market Size & Forecast, 2018-2028
4.5.1 Additives for Lithium Battery Market Size and Y-o-Y Growth
4.5.2 Additives for Lithium Battery Market Absolute $ Opportunity
Chapter 5 Global Additives for Lithium Battery Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Additives for Lithium Battery Market Size Forecast by Type
5.2.1 Conductive Additive
5.2.2 Film Forming Additives
5.2.3 Flame Retardant Additives
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Additives for Lithium Battery Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Additives for Lithium Battery Market Size Forecast by Applications
6.2.1 EVs
6.2.2 Portable devices
6.2.3 Industrial
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Additives for Lithium Battery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Additives for Lithium Battery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Additives for Lithium Battery Analysis and Forecast
9.1 Introduction
9.2 North America Additives for Lithium Battery Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Additives for Lithium Battery Market Size Forecast by Type
9.6.1 Conductive Additive
9.6.2 Film Forming Additives
9.6.3 Flame Retardant Additives
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Additives for Lithium Battery Market Size Forecast by Applications
9.10.1 EVs
9.10.2 Portable devices
9.10.3 Industrial
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Additives for Lithium Battery Analysis and Forecast
10.1 Introduction
10.2 Europe Additives for Lithium Battery Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Additives for Lithium Battery Market Size Forecast by Type
10.6.1 Conductive Additive
10.6.2 Film Forming Additives
10.6.3 Flame Retardant Additives
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Additives for Lithium Battery Market Size Forecast by Applications
10.10.1 EVs
10.10.2 Portable devices
10.10.3 Industrial
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Additives for Lithium Battery Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Additives for Lithium Battery Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Additives for Lithium Battery Market Size Forecast by Type
11.6.1 Conductive Additive
11.6.2 Film Forming Additives
11.6.3 Flame Retardant Additives
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Additives for Lithium Battery Market Size Forecast by Applications
11.10.1 EVs
11.10.2 Portable devices
11.10.3 Industrial
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Additives for Lithium Battery Analysis and Forecast
12.1 Introduction
12.2 Latin America Additives for Lithium Battery Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Additives for Lithium Battery Market Size Forecast by Type
12.6.1 Conductive Additive
12.6.2 Film Forming Additives
12.6.3 Flame Retardant Additives
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Additives for Lithium Battery Market Size Forecast by Applications
12.10.1 EVs
12.10.2 Portable devices
12.10.3 Industrial
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Additives for Lithium Battery Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Additives for Lithium Battery Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Additives for Lithium Battery Market Size Forecast by Type
13.6.1 Conductive Additive
13.6.2 Film Forming Additives
13.6.3 Flame Retardant Additives
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Additives for Lithium Battery Market Size Forecast by Applications
13.10.1 EVs
13.10.2 Portable devices
13.10.3 Industrial
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Additives for Lithium Battery Market: Competitive Dashboard
14.2 Global Additives for Lithium Battery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cabot Corporation (US)
14.3.2 3M (US)
14.3.3 IMERYS (France)
14.3.4 Orion Engineered Carbons (Luxembourg)
14.3.5 Hammond Group (US)
14.3.6 SGL Carbon (Germany)
14.3.7 Borregaard (Norway)
14.3.8 HOPAX (Taiwan)
14.3.9 PENOX (Germany)
14.3.10 ALTANA (Germany)
