Market Overview:
The global battery metals market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and energy storage systems. Additionally, the growing consumer electronics industry is also contributing to the growth of this market. The lithium-ion segment is expected to dominate the global battery metals market during the forecast period. This segment is projected to grow at a CAGR of XX% from 2018 to 2030. The cobalt segment is also projected to grow at a high rate during the forecast period, owing its use in rechargeable batteries for electric vehicles and other applications.
Product Definition:
A battery metal is a material that can be used to make batteries. They are important because they can store a lot of energy and release it over time. This makes them useful for powering electric vehicles, portable electronics, and other devices.
Lithium:
Lithium is a metal and has the symbol Li. It is an alkali metal with a valency of 3. It comes in various forms, but the most common ones are lithium-based batteries or lithiated salts (LSD). Lithium's high voltage, low weight and excellent energy density make it suitable for use in electric vehicles (EV), power tools, mobile phones & accessories as well as other applications such as consumer electronics & portable instruments.
Cobalt:
Cobalt is a chemical element produced by the corrosion of heavy metals, particularly iron. It is found in the minerals cobaltite and kernite. The primary source of supply for modern industry was from mines in the Democratic Republic of Congo (DRC) but since 2013 these mines have been closed due to armed conflict within DRC and lack of government control over them.
Application Insights:
The consumer electronics segment accounted for the largest revenue share in 2016 and is anticipated to continue its dominance over the forecast period. The growth can be attributed to increasing demand for smartphones, tablets, laptops and other electronic devices across the globe. Furthermore, growing preference for wearable technologies such as fitness bands and smartwatches is expected to drive product demand in this application segment over the coming years.
Electric mobility was another prominent segment accounting for a significant revenue share in 2016 owing to rapidly increasing adoption of electric vehicles (EVs). EVs are considered as one of the most sustainable forms of transportation due to reduced carbon emissions when compared with conventional vehicles running on fossil fuels such as gasoline or diesel. Growing investments by governments worldwide towards promoting cleaner modes of transport are further expected fuel industry growth over next few years.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth can be attributed to rising demand for consumer electronics and electric vehicles in China, India, South Korea, Japan and Australia. In addition, increasing government spending on infrastructure development coupled with growing industrialization is expected to drive battery metals demand over the coming years in Asia Pacific region.
Europe was estimated as the second-largest regional market after Asia Pacific by volume in 2017 owing to high cobalt content batteries production capacity of around 60% of global share held by European countries such as Belgium (Sylvania), France (Gobel) and Poland (TASMAN).
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 battery metals, such as lithium, cobalt, and nickel.
- Growing investment in renewable energy: The global investment in renewable energy is expected to grow at a CAGR of more than 10% during the forecast period. This will lead to an increase in the demand for battery metals, such as lithium and cobalt.
- Rising use of portable devices: The global market for portable devices is expected to grow at a CAGR of more than 10% during the forecast period. This will lead to an increase in the demand for battery metals, such as lithium and nickel-cadmium batteries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Battery Metals Market Research Report
By Type
Lithium, Cobalt, Nickel, Others
By Application
Consumer Electronics, Electric Mobility, Energy Storage Systems, Others
By Companies
Albemarle, SQM S.A., Livent, Ganfeng Lithium Co. Ltd., Tianqi Lithium Corporation, Orocobre, Glencore, China Molybdenum Co., Ltd., Vale, Norilsk Nickel, Albemarle, Sumitomo Metal Mining, Freeport-McMoRan, Sichuan Yahua Industrial Group, Shenzhen Chengxin Lithium Group, BHP Group, Bolt Metals
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
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Battery Metals Market Report Segments:
The global Battery Metals market is segmented on the basis of:
Types
Lithium, Cobalt, Nickel, 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
Consumer Electronics, Electric Mobility, Energy Storage Systems, 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:
- Albemarle
- SQM S.A.
- Livent
- Ganfeng Lithium Co. Ltd.
- Tianqi Lithium Corporation
- Orocobre
- Glencore
- China Molybdenum Co., Ltd.
- Vale
- Norilsk Nickel
- Albemarle
- Sumitomo Metal Mining
- Freeport-McMoRan
- Sichuan Yahua Industrial Group
- Shenzhen Chengxin Lithium Group
- BHP Group
- Bolt Metals
Highlights of The Battery Metals 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:
- Lithium
- Cobalt
- Nickel
- Others
- By Application:
- Consumer Electronics
- Electric Mobility
- Energy Storage Systems
- 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 Battery Metals 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
There are many different types of metals that can be used in batteries. The most common battery metals are lead, nickel, and lithium.
Some of the major companies in the battery metals market are Albemarle, SQM S.A., Livent, Ganfeng Lithium Co. Ltd., Tianqi Lithium Corporation, Orocobre, Glencore, China Molybdenum Co., Ltd., Vale, Norilsk Nickel, Albemarle, Sumitomo Metal Mining, Freeport-McMoRan, Sichuan Yahua Industrial Group, Shenzhen Chengxin Lithium Group, BHP Group, Bolt Metals.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Battery Metals 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 Battery Metals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Battery Metals 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 Battery Metals 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 Battery Metals Market Size & Forecast, 2018-2028
4.5.1 Battery Metals Market Size and Y-o-Y Growth
4.5.2 Battery Metals Market Absolute $ Opportunity
Chapter 5 Global Battery Metals 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 Battery Metals Market Size Forecast by Type
5.2.1 Lithium
5.2.2 Cobalt
5.2.3 Nickel
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Battery Metals 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 Battery Metals Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Electric Mobility
6.2.3 Energy Storage Systems
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Battery Metals 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 Battery Metals 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 Battery Metals Analysis and Forecast
9.1 Introduction
9.2 North America Battery Metals 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 Battery Metals Market Size Forecast by Type
9.6.1 Lithium
9.6.2 Cobalt
9.6.3 Nickel
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 Battery Metals Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Electric Mobility
9.10.3 Energy Storage Systems
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 Battery Metals Analysis and Forecast
10.1 Introduction
10.2 Europe Battery Metals 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 Battery Metals Market Size Forecast by Type
10.6.1 Lithium
10.6.2 Cobalt
10.6.3 Nickel
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 Battery Metals Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Electric Mobility
10.10.3 Energy Storage Systems
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 Battery Metals Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Battery Metals 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 Battery Metals Market Size Forecast by Type
11.6.1 Lithium
11.6.2 Cobalt
11.6.3 Nickel
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 Battery Metals Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Electric Mobility
11.10.3 Energy Storage Systems
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 Battery Metals Analysis and Forecast
12.1 Introduction
12.2 Latin America Battery Metals 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 Battery Metals Market Size Forecast by Type
12.6.1 Lithium
12.6.2 Cobalt
12.6.3 Nickel
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 Battery Metals Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Electric Mobility
12.10.3 Energy Storage Systems
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) Battery Metals Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Battery Metals 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) Battery Metals Market Size Forecast by Type
13.6.1 Lithium
13.6.2 Cobalt
13.6.3 Nickel
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) Battery Metals Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Electric Mobility
13.10.3 Energy Storage Systems
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 Battery Metals Market: Competitive Dashboard
14.2 Global Battery Metals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Albemarle
14.3.2 SQM S.A.
14.3.3 Livent
14.3.4 Ganfeng Lithium Co. Ltd.
14.3.5 Tianqi Lithium Corporation
14.3.6 Orocobre
14.3.7 Glencore
14.3.8 China Molybdenum Co., Ltd.
14.3.9 Vale
14.3.10 Norilsk Nickel
14.3.11 Albemarle
14.3.12 Sumitomo Metal Mining
14.3.13 Freeport-McMoRan
14.3.14 Sichuan Yahua Industrial Group
14.3.15 Shenzhen Chengxin Lithium Group
14.3.16 BHP Group
14.3.17 Bolt Metals
