Market Overview:
The global high-nickel ternary cathode materials 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 batteries, rising awareness about environment-friendly technologies, and growing investments in research and development (R&D) activities. The global high-nickel ternary cathode materials market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into NCM (lithium nickel cobalt manganese oxide) and NCA (lithium nickel cobalt aluminum oxide). NCM held a major share of the global high-nickel ternary cathode materials market in 2017 owing to its superior performance characteristics as compared to other types of lithium ion battery chemistries. On the basis of application, batteries industry accounted for a major share of the global high-nickel ternary cathode materials market in 2017. This can be attributed to increasing demand for electric vehicles across all regions. However, with advancements being made in energy storage technologies such as solid state batteries and ultra capacitors; there is an increasing demand for these applications from various end users including electronics industry and chemical industry segments. Regionally speaking; North America held a dominant position in terms of revenue contribution followed by Europe during 2017.
Product Definition:
A high-nickel ternary cathode material is a type of cathode material that contains a high concentration of nickel. This type of cathode material is used in battery applications and has been shown to have superior performance characteristics compared to other types of cathode materials.
NCM:
Nickel-cadmium-metal (NCM) is a chemical compound of nickel, cadmium and metal. It is considered as one of the most toxic heavy metals. NCM compounds are used in batteries that are rechargeable and used for power generation purposes; it also finds application in electronic devices such as semiconductors & printed circuit boards (PCBs).
NCA:
NCA is a type of salt which consists of potassium, copper and sodium. NCA’s are used in the production of high-nickel ternary cathode materials. The major application includes batteries that are used for power generation purposes. NCA based battery has higher energy density as compared to graphite based or lead-acid batteries; this property helps in improving the overall system efficiency when it is used in electric vehicles or other applications where power requirements are high.
Application Insights:
The global high-nickel ternary Cathode Materials market has been segmented on the basis of application into batteries industry, electronics industry, and chemical industry. Batteries were the largest application segment in 2017 and is expected to witness significant growth over the forecast period. The growing demand for electric vehicles coupled with rising concerns regarding environmental pollution is projected to propel product demand in this segment over the coming years.
Electronics was another prominent application sector that accounted for a significant share in 2017 owing to increasing use of nickel metal hydride (NiMH) and nickel cadmium (NCD) batteries across various consumer electronic products such as smartphones, laptops/notebooks, tablets etc. Nickel-based battery technology has witnessed tremendous growth due to its ability to deliver long duration power with small energy storage units thus making it one of the most widely used technologies across all major end-use industries worldwide.
Regional Analysis:
North America dominated the global high-nickel ternary cathode materials market in 2017. The region is expected to witness a considerable growth rate of 7.8% over the forecast period, owing to rising demand for electric vehicles and increasing use of renewable energy sources such as solar panels and wind turbines. Increasing production of batteries due to growing demand from portable electronics, automotive, and other industries will drive the regional market further.
Europe accounted for a significant share in terms of volume as well as revenue in 2017 owing to rapid technological developments across major countries such as Germany, France, Russia, U.K., Italy among others which are driving industry growth across this region significantly.
Growth Factors:
- Increasing demand for electric vehicles: The high-nickel ternary cathode materials market is expected to benefit from the increasing demand for electric vehicles. This is because these materials offer superior performance as compared to other battery chemistries, thereby resulting in longer runtimes and improved efficiency.
- Growing investment in renewable energy: Another key growth driver for the high-nickel ternary cathode materials market is the growing investment in renewable energy sources such as solar and wind power. This is primarily due to the rising concerns over climate change and air pollution, which has led governments and private entities to invest more in renewables.
- Proliferation of smart devices: The proliferation of smart devices such as smartphones, tablets, and laptops is also expected to drive growth in the high-nickel ternary cathode materials market over the next few years. This is because these devices require a large number of batteries that can provide long runtime support without requiring frequent charging or replacement cycles like traditional batteries do.
Scope Of The Report
Report Attributes
Report Details
Report Title
High-nickel Ternary Cathode Materials Market Research Report
By Type
NCM, NCA
By Application
Batteries Industry, Electronics Industry, Chemical Industry, Others
By Companies
Umicore, L&F, BASF, Sumitomo Metal Mine, Hnan Shanshan Advanced Material, Beijing Easpring Material Technolog, ...
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global High-nickel Ternary Cathode Materials Market Report Segments:
The global High-nickel Ternary Cathode Materials market is segmented on the basis of:
Types
NCM, NCA
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
Batteries Industry, Electronics Industry, Chemical Industry, 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:
- Umicore
- L&F
- BASF
- Sumitomo Metal Mine
- Hnan Shanshan Advanced Material
- Beijing Easpring Material Technolog
- ...
Highlights of The High-nickel Ternary Cathode Materials 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
- NCA
- By Application:
- Batteries Industry
- Electronics Industry
- Chemical Industry
- 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 High-nickel Ternary Cathode Materials 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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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?
High-nickel ternary cathode materials are a type of battery that uses nickel, manganese, and cobalt as the anode, cathode, and electrolyte. These materials can offer higher energy densities than other types of batteries due to their high nickel content. They can also be more resistant to corrosion than other battery types.
Some of the key players operating in the high-nickel ternary cathode materials market are Umicore, L&F, BASF, Sumitomo Metal Mine, Hnan Shanshan Advanced Material, Beijing Easpring Material Technolog.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High-nickel Ternary Cathode Materials Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. High-nickel Ternary Cathode Materials Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High-nickel Ternary Cathode Materials Market - Supply Chain
4.5. Global High-nickel Ternary Cathode Materials Market Forecast
4.5.1. High-nickel Ternary Cathode Materials Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High-nickel Ternary Cathode Materials Market Size (000 Units) and Y-o-Y Growth
4.5.3. High-nickel Ternary Cathode Materials Market Absolute $ Opportunity
5. Global High-nickel Ternary Cathode Materials Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. High-nickel Ternary Cathode Materials Market Size and Volume Forecast by Type
5.3.1. NCM
5.3.2. NCA
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High-nickel Ternary Cathode Materials Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. High-nickel Ternary Cathode Materials Market Size and Volume Forecast by Application
6.3.1. Batteries Industry
6.3.2. Electronics Industry
6.3.3. Chemical Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High-nickel Ternary Cathode Materials Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. High-nickel Ternary Cathode Materials Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global High-nickel Ternary Cathode Materials Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. High-nickel Ternary Cathode Materials Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global High-nickel Ternary Cathode Materials Demand Share Forecast, 2019-2029
9. North America High-nickel Ternary Cathode Materials Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America High-nickel Ternary Cathode Materials Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America High-nickel Ternary Cathode Materials Market Size and Volume Forecast by Application
9.4.1. Batteries Industry
9.4.2. Electronics Industry
9.4.3. Chemical Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High-nickel Ternary Cathode Materials Market Size and Volume Forecast by Type
9.7.1. NCM
9.7.2. NCA
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America High-nickel Ternary Cathode Materials Demand Share Forecast, 2019-2029
10. Latin America High-nickel Ternary Cathode Materials Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America High-nickel Ternary Cathode Materials Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America High-nickel Ternary Cathode Materials Market Size and Volume Forecast by Application
10.4.1. Batteries Industry
10.4.2. Electronics Industry
10.4.3. Chemical Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High-nickel Ternary Cathode Materials Market Size and Volume Forecast by Type
10.7.1. NCM
10.7.2. NCA
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America High-nickel Ternary Cathode Materials Demand Share Forecast, 2019-2029
11. Europe High-nickel Ternary Cathode Materials Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe High-nickel Ternary Cathode Materials Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe High-nickel Ternary Cathode Materials Market Size and Volume Forecast by Application
11.4.1. Batteries Industry
11.4.2. Electronics Industry
11.4.3. Chemical Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High-nickel Ternary Cathode Materials Market Size and Volume Forecast by Type
11.7.1. NCM
11.7.2. NCA
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe High-nickel Ternary Cathode Materials Demand Share, 2019-2029
12. Asia Pacific High-nickel Ternary Cathode Materials Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific High-nickel Ternary Cathode Materials Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific High-nickel Ternary Cathode Materials Market Size and Volume Forecast by Application
12.4.1. Batteries Industry
12.4.2. Electronics Industry
12.4.3. Chemical Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High-nickel Ternary Cathode Materials Market Size and Volume Forecast by Type
12.7.1. NCM
12.7.2. NCA
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific High-nickel Ternary Cathode Materials Demand Share, 2019-2029
13. Middle East & Africa High-nickel Ternary Cathode Materials Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa High-nickel Ternary Cathode Materials Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa High-nickel Ternary Cathode Materials Market Size and Volume Forecast by Application
13.4.1. Batteries Industry
13.4.2. Electronics Industry
13.4.3. Chemical Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High-nickel Ternary Cathode Materials Market Size and Volume Forecast by Type
13.7.1. NCM
13.7.2. NCA
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa High-nickel Ternary Cathode Materials Demand Share, 2019-2029
14. Competition Landscape
14.1. Global High-nickel Ternary Cathode Materials Market: Market Share Analysis
14.2. High-nickel Ternary Cathode Materials Distributors and Customers
14.3. High-nickel Ternary Cathode Materials Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Umicore
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. L&F
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BASF
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sumitomo Metal Mine
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hnan Shanshan Advanced Material
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Beijing Easpring Material Technolog
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ...
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
