Market Overview:
The global lithium cobalt oxide 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 lithium cobalt oxide from various applications such as phones, PCs, Bluetooth devices, and others. Additionally, the growing demand for electric vehicles is also propelling the growth of the global lithium cobalt oxide market.
Product Definition:
Lithium cobalt oxide (LiCoO2) is a type of lithium ion battery cathode material. It has a very high capacity, making it ideal for use in high-capacity batteries.
High Density Type:
High-density type is a form of lithium cobalt oxide (LCO) having high content of metal and less content of oxygen. It has the highest specific weight among all solid solutions, which makes it suitable for applications where high specific weight is required. LCO powder has been used in fuel cells, batteries and other applications like electronic sensors owing to its properties such as low thermal expansion coefficient along with low density & higher melting point compared to conventional graphite-based electrodes.
High Voltage Type:
High voltage (HV) type is used in lithium cobalt oxide market for the production of various products such as A-type, B-type and C-type batteries. The different types of HV sources used are 1) High Voltage Supply (HVS), 2) Direct Current Connected to Positive electrode (DCP), 3) High Voltage Battery Pack (BPP).
Application Insights:
The primary application of lithium cobalt oxide is in the manufacturing of phones, personal computers, and Bluetooth devices. The demand for lithium-ion batteries is expected to witness a rapid growth over the forecast period owing to their usage in various portable electronics such as smartphones and laptops. As per capita income increases so does the spending on electronic gadgets which subsequently boosts product demand.
The other major application includes energy storage and renewable energy generation including wind turbines, solar panels etc. Increasing government support for green technologies coupled with growing investments by companies & institutions are likely to propel industry growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key manufacturers such as Panasonic, LG Chem, Samsung SDI, Tianjin Lishen Liyuanchemical Co., Ltd., and others has positively influenced the growth of this regional market. China is one of the largest consumers owing to low manufacturing cost coupled with high demand from various end-use industries such as automotive and consumer electronics.
The growing usage of lithium ion batteries in electric vehicles along with rising sales across other applications will drive industry expansion over the coming years. In addition, increasing investments by major companies for R&D activities related to battery storage systems are likely to boost industry development in North America region during 2018 - 2030 period.
Growth Factors:
- Increasing demand for electric vehicles: The global lithium cobalt oxide market is expected to grow at a CAGR of more than 9% during the forecast period, owing to the increasing demand for electric vehicles.
- Growing use of lithium cobalt oxide in consumer electronics: Lithium cobalt oxide is used in a wide range of consumer electronics products such as smartphones, tablets, and laptops. This is expected to drive the growth of the market during the forecast period.
- Rising investment in renewable energy sources: Governments and private investors are increasingly investing in renewable energy sources such as solar and wind power, which require batteries with high capacity and long life cycles. This is likely to boost the demand for lithium cobalt oxide over the next few years.
- Growing popularity of wearable devices: The global market for wearable devices is growing at a rapid pace and this is expected to create opportunities for players operating in the lithium cobalt oxide market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium Cobalt Oxide Market Research Report
By Type
High Density Type, High Voltage Type, Other
By Application
Phone, PC, Bluetooth, Other
By Companies
Santoku, Nippon Chemical Industrial, Nichia, China Sun Group High-Tech, KLK, Xiamen Tungsten, Tianjin B&M Science and Technology, Hunan Shanshan, Oriental Investment, Santoku
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
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Lithium Cobalt Oxide Market Report Segments:
The global Lithium Cobalt Oxide market is segmented on the basis of:
Types
High Density Type, High Voltage Type, Other
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
Phone, PC, Bluetooth, Other
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:
- Santoku
- Nippon Chemical Industrial
- Nichia
- China Sun Group High-Tech
- KLK
- Xiamen Tungsten
- Tianjin B&M Science and Technology
- Hunan Shanshan
- Oriental Investment
- Santoku
Highlights of The Lithium Cobalt Oxide 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:
- High Density Type
- High Voltage Type
- Other
- By Application:
- Phone
- PC
- Bluetooth
- Other
- 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 Lithium Cobalt Oxide 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?
Lithium Cobalt Oxide is a material that can be used in batteries and other electronic devices. It is also used in medical procedures, such as cardiac pacemakers.
Some of the major companies in the lithium cobalt oxide market are Santoku, Nippon Chemical Industrial, Nichia, China Sun Group High-Tech, KLK, Xiamen Tungsten, Tianjin B&M Science and Technology, Hunan Shanshan, Oriental Investment, Santoku.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lithium Cobalt Oxide 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 Lithium Cobalt Oxide Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lithium Cobalt Oxide 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 Lithium Cobalt Oxide 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 Lithium Cobalt Oxide Market Size & Forecast, 2020-2028
4.5.1 Lithium Cobalt Oxide Market Size and Y-o-Y Growth
4.5.2 Lithium Cobalt Oxide 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 High Density Type
5.2.2 High Voltage Type
5.2.3 Other
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 Phone
6.2.2 PC
6.2.3 Bluetooth
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lithium Cobalt Oxide 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 Lithium Cobalt Oxide 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 High Density Type
9.6.2 High Voltage Type
9.6.3 Other
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 Phone
9.10.2 PC
9.10.3 Bluetooth
9.10.4 Other
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 High Density Type
10.6.2 High Voltage Type
10.6.3 Other
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 Phone
10.10.2 PC
10.10.3 Bluetooth
10.10.4 Other
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 High Density Type
11.6.2 High Voltage Type
11.6.3 Other
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 Phone
11.10.2 PC
11.10.3 Bluetooth
11.10.4 Other
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 High Density Type
12.6.2 High Voltage Type
12.6.3 Other
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 Phone
12.10.2 PC
12.10.3 Bluetooth
12.10.4 Other
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 High Density Type
13.6.2 High Voltage Type
13.6.3 Other
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 Phone
13.10.2 PC
13.10.3 Bluetooth
13.10.4 Other
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 Lithium Cobalt Oxide Market: Competitive Dashboard
14.2 Global Lithium Cobalt Oxide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Santoku
14.3.2 Nippon Chemical Industrial
14.3.3 Nichia
14.3.4 China Sun Group High-Tech
14.3.5 KLK
14.3.6 Xiamen Tungsten
14.3.7 Tianjin B&M Science and Technology
14.3.8 Hunan Shanshan
14.3.9 Oriental Investment
14.3.10 Santoku
