Market Overview:
The global nickel cobalt manganese compound precursor 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 3C electronics products. In terms of type, NCM 811 is expected to dominate the market during the forecast period, followed by NCM 622 and NCM 523. In terms of application, new energy vehicles are expected to account for a major share of the global nickel cobalt manganese compound precursor market during the forecast period. However, 3C electronics is also anticipated to witness significant growth in this market over the next decade. North America is estimated to be one of the leading markets for nickel cobalt manganese compound precursors in 2018 and it is projected that this region will continue its dominance throughout 2030 owing to high demand from electric vehicle manufacturers in countries such as U.S.
Product Definition:
Nickel cobalt manganese compound precursor is a material used in the production of nickel cobalt manganese batteries. These batteries are used in a variety of applications, including electric vehicles and grid storage.
NCM 811:
Nickel Cobalt Manganese Compound (NCM) 811 is a precursor to the manganese and nickel of which most of the cobalt is used in batteries. The compound has applications in gas turbines, construction, metallurgy and chemical industry. NCM 811 was first produced by heating nickel powder with cobalt powder at approximately 800oC for 2-3 hours.
NCM 622:
Nickel Cobalt Manganese Compound (NCM) 622 is a precursor to the high-performance material used in rechargeable batteries. It is an alloy of nickel, cobalt, manganese and molybdenum. The performance of nickel cobalt manganese battery depends on the ratio of these metals in its composition.
Application Insights:
The demand for nickel cobalt manganese compound precursors in new energy vehicles accounted for over 30.0% of the global market share in 2017. Nickel cobalt manganese compounds are used as an alternative to ferroalloys and other metal alloys that are currently used as a base material in various components of hybrid and electric passenger cars. The growing emphasis on reducing carbon emissions from automobiles is expected to have a positive impact on the growth of the new energy vehicles segment, thereby supporting product demand during the forecast period.
The application segment includes new energy vehicles, 3C electronics and others such as construction equipment, heavy-duty trucks and industrial machinery among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is anticipated to witness a CAGR of XX% from 2018 to 2030 owing to increasing demand for electric vehicles, growing manufacturing sector, and advancements in battery technology. China accounted for approximately 80% of total NCM production owing to low production cost coupled with easy availability of raw materials.
North America emerged as the second-largest regional market in 2017 due high usage of Nickel.
Growth Factors:
- Increasing demand for electric vehicles
- Growing demand from the energy storage sector
- Rising popularity of lithium-ion batteries
- Technological advancements in nickel cobalt manganese compound precursor manufacturing process
- Growing investments in research and development
Scope Of The Report
Report Attributes
Report Details
Report Title
Nickel Cobalt Manganese Compound Precursor Market Research Report
By Type
NCM 811, NCM 622, NCM 523
By Application
New Energy Vehicles, 3C Electronics, Others
By Companies
GEM Co., Ltd, Umicore, CNGR Corporation, Brunp Recycling, Tanaka Chemical Corporation, BASF, ECOPRO GEM, L&F (JH Chemical), Kelong New Energy, Zhejiang Huayou Cobalt, GEM Co., Ltd, Greatpower Technology, Ronbay Technology, Hunan Changyuan Lico, GanfengLithium, Jiana Energy, Jinchuan Group, Zhejiang Power
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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Nickel Cobalt Manganese Compound Precursor Market Report Segments:
The global Nickel Cobalt Manganese Compound Precursor market is segmented on the basis of:
Types
NCM 811, NCM 622, NCM 523
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 Co., Ltd
- Umicore
- CNGR Corporation
- Brunp Recycling
- Tanaka Chemical Corporation
- BASF
- ECOPRO GEM
- L&F (JH Chemical)
- Kelong New Energy
- Zhejiang Huayou Cobalt
- GEM Co., Ltd
- Greatpower Technology
- Ronbay Technology
- Hunan Changyuan Lico
- GanfengLithium
- Jiana Energy
- Jinchuan Group
- Zhejiang Power
Highlights of The Nickel Cobalt Manganese Compound 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 811
- NCM 622
- NCM 523
- 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 Nickel Cobalt Manganese Compound 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
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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?
Nickel Cobalt Manganese Compound Precursor is a chemical compound that can be used to create Nickel Cobalt Manganese alloys.
Some of the major players in the nickel cobalt manganese compound precursor market are GEM Co., Ltd, Umicore, CNGR Corporation, Brunp Recycling, Tanaka Chemical Corporation, BASF, ECOPRO GEM, L&F (JH Chemical), Kelong New Energy, Zhejiang Huayou Cobalt, GEM Co., Ltd, Greatpower Technology, Ronbay Technology, Hunan Changyuan Lico, GanfengLithium, Jiana Energy, Jinchuan Group, Zhejiang Power.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nickel Cobalt Manganese Compound 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 Nickel Cobalt Manganese Compound Precursor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nickel Cobalt Manganese Compound 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 Nickel Cobalt Manganese Compound 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 Nickel Cobalt Manganese Compound Precursor Market Size & Forecast, 2018-2028
4.5.1 Nickel Cobalt Manganese Compound Precursor Market Size and Y-o-Y Growth
4.5.2 Nickel Cobalt Manganese Compound Precursor Market Absolute $ Opportunity
Chapter 5 Global Nickel Cobalt Manganese Compound 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 Nickel Cobalt Manganese Compound Precursor Market Size Forecast by Type
5.2.1 NCM 811
5.2.2 NCM 622
5.2.3 NCM 523
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Nickel Cobalt Manganese Compound 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 Nickel Cobalt Manganese Compound 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 Nickel Cobalt Manganese Compound 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 Nickel Cobalt Manganese Compound 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 Nickel Cobalt Manganese Compound Precursor Analysis and Forecast
9.1 Introduction
9.2 North America Nickel Cobalt Manganese Compound 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 Nickel Cobalt Manganese Compound Precursor Market Size Forecast by Type
9.6.1 NCM 811
9.6.2 NCM 622
9.6.3 NCM 523
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 Nickel Cobalt Manganese Compound 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 Nickel Cobalt Manganese Compound Precursor Analysis and Forecast
10.1 Introduction
10.2 Europe Nickel Cobalt Manganese Compound 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 Nickel Cobalt Manganese Compound Precursor Market Size Forecast by Type
10.6.1 NCM 811
10.6.2 NCM 622
10.6.3 NCM 523
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 Nickel Cobalt Manganese Compound 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 Nickel Cobalt Manganese Compound Precursor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Nickel Cobalt Manganese Compound 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 Nickel Cobalt Manganese Compound Precursor Market Size Forecast by Type
11.6.1 NCM 811
11.6.2 NCM 622
11.6.3 NCM 523
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 Nickel Cobalt Manganese Compound 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 Nickel Cobalt Manganese Compound Precursor Analysis and Forecast
12.1 Introduction
12.2 Latin America Nickel Cobalt Manganese Compound 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 Nickel Cobalt Manganese Compound Precursor Market Size Forecast by Type
12.6.1 NCM 811
12.6.2 NCM 622
12.6.3 NCM 523
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 Nickel Cobalt Manganese Compound 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) Nickel Cobalt Manganese Compound Precursor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Nickel Cobalt Manganese Compound 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) Nickel Cobalt Manganese Compound Precursor Market Size Forecast by Type
13.6.1 NCM 811
13.6.2 NCM 622
13.6.3 NCM 523
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) Nickel Cobalt Manganese Compound 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 Nickel Cobalt Manganese Compound Precursor Market: Competitive Dashboard
14.2 Global Nickel Cobalt Manganese Compound Precursor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GEM Co., Ltd
14.3.2 Umicore
14.3.3 CNGR Corporation
14.3.4 Brunp Recycling
14.3.5 Tanaka Chemical Corporation
14.3.6 BASF
14.3.7 ECOPRO GEM
14.3.8 L&F (JH Chemical)
14.3.9 Kelong New Energy
14.3.10 Zhejiang Huayou Cobalt
14.3.11 GEM Co., Ltd
14.3.12 Greatpower Technology
14.3.13 Ronbay Technology
14.3.14 Hunan Changyuan Lico
14.3.15 GanfengLithium
14.3.16 Jiana Energy
14.3.17 Jinchuan Group
14.3.18 Zhejiang Power
