Market Overview:
The global additives for lithium-ion batteries 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 and energy storage systems. Inorganic additives are expected to dominate the market during the forecast period, owing to their high efficiency and performance in lithium-ion batteries. Asia Pacific is expected to be the fastest growing region in terms of additive demand for lithium-ion batteries, followed by Europe and North America.
Product Definition:
Additives for lithium ion batteries are chemical substances that are added to the battery in order to improve its performance. Additives can help improve the battery's stability, increase its life cycle, and enhance its overall performance. They are an important part of lithium ion battery manufacturing and play a key role in ensuring the quality and reliability of these batteries.
Organic:
The global organic market size was valued at USD 33.5 billion in 2016 and is expected to witness significant growth over the forecast period owing to its increasing usage as a raw material for manufacturing lithium-ion batteries (LiB). The LiB industry has been witnessing strong growth over the past few years on account of rising demand from end-use industries such as consumer electronics, automotive, and power & energy sectors.
Inorganic:
Inorganic is a chemical compound of carbon, hydrogen, and oxygen, or more generally any metal. In the battery industry inorganic compounds are used as additives to enhance the performance of lithium-ion batteries. The performance enhancement includes capacity increase and energy density improvement among others. These properties make inorganic compounds very useful for large scale power generation applications such as wind farms and solar plants among others.
Application Insights:
The energy storage battery application segment dominated the global additives for lithium-ion batteries market in 2017. The segment is projected to witness significant growth over the forecast period owing to rising demand for renewable sources of energy, such as solar and wind. Moreover, increasing government support towards deployment of electric vehicles is expected to boost product demand over the coming years.
Power battery application accounted for a major share in 2017 and is estimated to grow at a CAGR exceeding 10% from 2018 to 2030 due largelyto growing sales of electric vehicles across various regions coupled with high consumer awareness regarding improved range capabilities. Increasing number of automotive manufacturers are focusing on improving vehicle performance by adding extra capacity which will enhance market growth further.
Increasing use of Li-ion batteries in medical devices & equipment, remote control cars & trucks, power tools has augmented product consumption significantly across various applications areas globally since past few years owing largelyto their high discharge rate capability.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing demand for electronic devices. The growing manufacturing sector in China, India, Japan and South Korea coupled with rising disposable income of consumers is anticipated to drive product demand over the next eight years.
The European market was valued at USD X million in 2017 and is projected to grow significantly over the forecast period owing to strict regulations regarding carbon emissions into environment resulting into shifting of production facilities from Europe's major countries such as Germany, UK and France towards Asia Pacific or other emerging economies such as Poland, Romania and Bulgaria thereby creating significant business opportunities for global additives manufacturers.
North America accounted for a volume share of 23% in 2017 on account of high adoption rate lithium-ion batteries across key applications including power storage & distribution (SSD), electric vehicles (EVs), renewable energy storage systems (RESTS) among others which are driving growth across this region.
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 will lead to an increase in the demand for lithium-ion batteries, which will in turn drive the growth of the additives market.
- Growing investments in renewable energy: Governments and private investors are increasingly investing in renewable energy sources such as solar and wind power. This is expected to result in an increase in demand for lithium-ion batteries, which will drive the growth of the additives market.
- Rising awareness about environmental issues: There is a growing awareness among consumers about environmental issues such as climate change and air pollution. This is leading to an increased preference for battery powered vehicles over traditional petrol or diesel engines cars, thereby driving the growth ofthe additives market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Additives for Lithium-ion Batteries Market Research Report
By Type
Organic, Inorganic
By Application
Power Battery, Energy Storage Battery, Digital Battery, Others
By Companies
ZEON, Solvay, Suzhou Crystal Clear Chemical, Kureha, Chengdu Indigo Power Sources, JRS, Arkema, BOBS-TECH, Nippon A&L Inc., Shanghai 3F New Materials, FUJIFILM Wako Pure Chemical Corporation
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Additives for Lithium-ion Batteries Market Report Segments:
The global Additives for Lithium-ion Batteries market is segmented on the basis of:
Types
Organic, Inorganic
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
Power Battery, Energy Storage Battery, Digital Battery, 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:
- ZEON
- Solvay
- Suzhou Crystal Clear Chemical
- Kureha
- Chengdu Indigo Power Sources
- JRS
- Arkema
- BOBS-TECH
- Nippon A&L Inc.
- Shanghai 3F New Materials
- FUJIFILM Wako Pure Chemical Corporation
Highlights of The Additives for Lithium-ion Batteries 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:
- Organic
- Inorganic
- By Application:
- Power Battery
- Energy Storage Battery
- Digital Battery
- 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-ion Batteries 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 are chemicals that are added to lithium-ion batteries in order to improve performance or safety. Common additives include sulfur, manganese, and nickel.
Some of the key players operating in the additives for lithium-ion batteries market are ZEON, Solvay, Suzhou Crystal Clear Chemical, Kureha, Chengdu Indigo Power Sources, JRS, Arkema, BOBS-TECH, Nippon A&L Inc., Shanghai 3F New Materials, FUJIFILM Wako Pure Chemical Corporation.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Additives for Lithium-ion Batteries 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-ion Batteries Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Additives for Lithium-ion Batteries 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-ion Batteries 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-ion Batteries Market Size & Forecast, 2020-2028
4.5.1 Additives for Lithium-ion Batteries Market Size and Y-o-Y Growth
4.5.2 Additives for Lithium-ion Batteries Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Organic
5.2.2 Inorganic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Power Battery
6.2.2 Energy Storage Battery
6.2.3 Digital Battery
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Additives for Lithium-ion Batteries 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-ion Batteries 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Organic
9.6.2 Inorganic
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 Market Size Forecast by Applications
9.10.1 Power Battery
9.10.2 Energy Storage Battery
9.10.3 Digital Battery
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Organic
10.6.2 Inorganic
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 Market Size Forecast by Applications
10.10.1 Power Battery
10.10.2 Energy Storage Battery
10.10.3 Digital Battery
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Organic
11.6.2 Inorganic
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 Market Size Forecast by Applications
11.10.1 Power Battery
11.10.2 Energy Storage Battery
11.10.3 Digital Battery
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Organic
12.6.2 Inorganic
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 Market Size Forecast by Applications
12.10.1 Power Battery
12.10.2 Energy Storage Battery
12.10.3 Digital Battery
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Organic
13.6.2 Inorganic
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) Market Size Forecast by Applications
13.10.1 Power Battery
13.10.2 Energy Storage Battery
13.10.3 Digital Battery
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-ion Batteries Market: Competitive Dashboard
14.2 Global Additives for Lithium-ion Batteries Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ZEON
14.3.2 Solvay
14.3.3 Suzhou Crystal Clear Chemical
14.3.4 Kureha
14.3.5 Chengdu Indigo Power Sources
14.3.6 JRS
14.3.7 Arkema
14.3.8 BOBS-TECH
14.3.9 Nippon A&L Inc.
14.3.10 Shanghai 3F New Materials
14.3.11 FUJIFILM Wako Pure Chemical Corporation
