Market Overview:
The global lithium-ion batteries ternary precursor market is estimated to grow at a CAGR of XX% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for electric vehicles and 3C electronics. In terms of type, the NCM type segment is expected to hold a major share of the global lithium-ion batteries ternary precursor market during the forecast period. This can be attributed to its high energy density and superior performance as compared to other types of lithium-ion batteries. In terms of application, new energy vehicles are expected to account for a major share of the global lithium-ion batteries ternary precursor market during the forecast period.
Product Definition:
Lithium-ion Batteries Ternary Precursor is a material used in the manufacturing of lithium-ion batteries. It is a key component in the battery's cathode and helps to improve its performance.
NCM Type:
The NCM (N-Cymethyl Methanimine) type is a ternary complex of lithium, cobalt and manganese. It has been the most used raw material in the Lithium-ion batteries over the past decade. The growth factor for this market is its properties such as high energy density, safety and long life cycle than other materials used in batteries such as graphite or carbon.
It was first developed by Dr.
NCA Type:
NCA type is a ternary complex of lithium, cobalt and aluminum. It is also known as tri-aluminum hydroxide or 3+2 compound. NCA has the highest capacity for lithium ion batteries among all the battery materials owing to its high specific energy and power to weight ratio.
Application Insights:
The new energy vehicles segment dominated the global lithium-ion batteries ternary precursor market in terms of revenue share in 2017. This is attributed to the rising demand for electric vehicles from major automotive manufacturers across the globe. For instance, Tesla¢â‚¬â„¢s Model S and X have been gaining popularity among consumers because of its high performance and durability. The aforementioned factors are expected to drive industry growth over the forecast period.
The 3C electronics application segment is projected to witness significant growth over the forecast period owing to increasing usage of lithium-ion batteries as power sources for household electronic products such as smartphones, laptops, tablets etcetera due to their lightweight properties and high energy density.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for electric vehicles and growing demand for portable electronic devices. Increasing disposable income, especially in developing countries such as China and India, has led to an increase in consumer spending on luxury cars and passenger trains, which will have a positive impact on industry growth.
The European market is anticipated to grow significantly over the forecast period owing to stringent regulations regarding carbon emissions from battery-operated vehicles. In addition, rising investments by major automotive manufacturers including BMW Group; Daimler AG; Ford Motor Company; Volkswagen Group; Hyundai Motor Company Ltd.; Jaguar Land Rover Limited are anticipated to drive industry expansion over the coming years.
North America held a substantial share of around 25% of total revenue generated by NCM type batteries used across various applications including medical devices & power tools among others).
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 demand for lithium-ion batteries, which are used in electric vehicles.
- Growing demand from the consumer electronics sector: The global consumer electronics market is expected to grow at a CAGR of more than 5% during the forecast period. This will lead to an increase in demand for lithium-ion batteries, which are used in consumer electronics devices such as smartphones and laptops.
- Rising investment in renewable energy projects: Renewable energy sources such as solar and wind power are becoming increasingly popular due to their environmental benefits and falling costs of installation and operation. This is leading to an increase in investment in renewable energy projects, which will drive growth of the ternary precursor market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium-ion Batteries Ternary Precursor Market Research Report
By Type
NCM Type, NCA Type
By Application
New Energy Vehicles, 3C Electronics, Others
By Companies
GEM, Umicore, Greatpower Technology, Brunp Recycling Technology, CNGR Corporation, RONBAY TECHNOLOGY, Hunan Changyuan Lico, GanfengLithium, Zhejiang Huayou Cobalt, Guangdong Jiana Energy Technology, Jinchuan Group, Fangyuan Group
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
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Lithium-ion Batteries Ternary Precursor Market Report Segments:
The global Lithium-ion Batteries Ternary Precursor market is segmented on the basis of:
Types
NCM Type, NCA Type
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
New Energy Vehicles, 3C Electronics, 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:
- GEM
- Umicore
- Greatpower Technology
- Brunp Recycling Technology
- CNGR Corporation
- RONBAY TECHNOLOGY
- Hunan Changyuan Lico
- GanfengLithium
- Zhejiang Huayou Cobalt
- Guangdong Jiana Energy Technology
- Jinchuan Group
- Fangyuan Group
Highlights of The Lithium-ion Batteries Ternary Precursor 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:
- NCM Type
- NCA Type
- By Application:
- New Energy Vehicles
- 3C Electronics
- 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 Lithium-ion Batteries Ternary Precursor 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
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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?
Lithium-ion batteries are composed of three layers: a cathode, an anode, and a separator. The lithium ion battery is the most common type of rechargeable battery in use today.
Some of the key players operating in the lithium-ion batteries ternary precursor market are GEM, Umicore, Greatpower Technology, Brunp Recycling Technology, CNGR Corporation, RONBAY TECHNOLOGY, Hunan Changyuan Lico, GanfengLithium, Zhejiang Huayou Cobalt, Guangdong Jiana Energy Technology, Jinchuan Group, Fangyuan Group.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lithium-ion Batteries Ternary Precursor 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-ion Batteries Ternary Precursor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lithium-ion Batteries Ternary Precursor 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-ion Batteries Ternary Precursor 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-ion Batteries Ternary Precursor Market Size & Forecast, 2018-2028
4.5.1 Lithium-ion Batteries Ternary Precursor Market Size and Y-o-Y Growth
4.5.2 Lithium-ion Batteries Ternary Precursor Market Absolute $ Opportunity
Chapter 5 Global Lithium-ion Batteries Ternary Precursor 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 Lithium-ion Batteries Ternary Precursor Market Size Forecast by Type
5.2.1 NCM Type
5.2.2 NCA Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lithium-ion Batteries Ternary Precursor 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 Lithium-ion Batteries Ternary Precursor Market Size Forecast by Applications
6.2.1 New Energy Vehicles
6.2.2 3C Electronics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lithium-ion Batteries Ternary Precursor 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-ion Batteries Ternary Precursor 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 Lithium-ion Batteries Ternary Precursor Analysis and Forecast
9.1 Introduction
9.2 North America Lithium-ion Batteries Ternary Precursor 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 Lithium-ion Batteries Ternary Precursor Market Size Forecast by Type
9.6.1 NCM Type
9.6.2 NCA Type
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 Lithium-ion Batteries Ternary Precursor Market Size Forecast by Applications
9.10.1 New Energy Vehicles
9.10.2 3C Electronics
9.10.3 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 Lithium-ion Batteries Ternary Precursor Analysis and Forecast
10.1 Introduction
10.2 Europe Lithium-ion Batteries Ternary Precursor 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 Lithium-ion Batteries Ternary Precursor Market Size Forecast by Type
10.6.1 NCM Type
10.6.2 NCA Type
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 Lithium-ion Batteries Ternary Precursor Market Size Forecast by Applications
10.10.1 New Energy Vehicles
10.10.2 3C Electronics
10.10.3 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 Lithium-ion Batteries Ternary Precursor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lithium-ion Batteries Ternary Precursor 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 Lithium-ion Batteries Ternary Precursor Market Size Forecast by Type
11.6.1 NCM Type
11.6.2 NCA Type
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 Lithium-ion Batteries Ternary Precursor Market Size Forecast by Applications
11.10.1 New Energy Vehicles
11.10.2 3C Electronics
11.10.3 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 Lithium-ion Batteries Ternary Precursor Analysis and Forecast
12.1 Introduction
12.2 Latin America Lithium-ion Batteries Ternary Precursor 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 Lithium-ion Batteries Ternary Precursor Market Size Forecast by Type
12.6.1 NCM Type
12.6.2 NCA Type
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 Lithium-ion Batteries Ternary Precursor Market Size Forecast by Applications
12.10.1 New Energy Vehicles
12.10.2 3C Electronics
12.10.3 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) Lithium-ion Batteries Ternary Precursor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lithium-ion Batteries Ternary Precursor 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) Lithium-ion Batteries Ternary Precursor Market Size Forecast by Type
13.6.1 NCM Type
13.6.2 NCA Type
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) Lithium-ion Batteries Ternary Precursor Market Size Forecast by Applications
13.10.1 New Energy Vehicles
13.10.2 3C Electronics
13.10.3 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 Lithium-ion Batteries Ternary Precursor Market: Competitive Dashboard
14.2 Global Lithium-ion Batteries Ternary Precursor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GEM
14.3.2 Umicore
14.3.3 Greatpower Technology
14.3.4 Brunp Recycling Technology
14.3.5 CNGR Corporation
14.3.6 RONBAY TECHNOLOGY
14.3.7 Hunan Changyuan Lico
14.3.8 GanfengLithium
14.3.9 Zhejiang Huayou Cobalt
14.3.10 Guangdong Jiana Energy Technology
14.3.11 Jinchuan Group
14.3.12 Fangyuan Group
