Market Overview:
The global Li-ion battery 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 products. In terms of type, NCM type is expected to dominate the market during the forecast period owing to its high capacity and superior performance as compared to other types. By application, new energy vehicles segment is anticipated to witness highest growth rate over the forecast period owing to stringent government regulations pertaining emissions and fuel economy standards across different geographies.
Product Definition:
A Li-ion battery ternary precursor is a material that can be used to make lithium ion batteries. These precursors are important because they can help improve the performance of lithium ion batteries, and make them safer to use.
NCM Type:
The NCM (N-Carbazole-Methyl) type is a widely used synthetic organic compound for the synthesis of polymeric materials. It is also used as an intermediate in the production of other chemicals and pharmaceutical drugs.
NCA Type:
NCA type is a ternary complex of lithium, cobalt and aluminum. It has been proved to be the most stable ternary mixture by experiments and also found to be the best precursor for battery production. NCA based batteries have more energy than conventional ones due to its high capacity of storing charge. This makes it suitable for electric vehicles as well as portable devices such as power tools with higher power requirements.
Application Insights:
The others application segment includes consumer electronics, medical devices and portable electronics. The market for these applications is expected to be dominated by the New Energy Vehicles (EV) segment over the forecast period owing to increasing government initiatives such as ¢â‚¬Å“Make in India¢â‚¬ and ¢â‚¬ÅœElectrification of Transportation in China. This is likely to increase product demand from EV batteries during the forecast period.
In 2017, North America Li-ion battery ternary precursor market was dominated by U.S., with a revenue share of around 60%. Increasing production of EVs in U.S., coupled with high demand from 3C industries such as Consumer Electronics, Medical Devices & PPE Equipment will drive industry growth over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region can be attributed to increasing government initiatives for manufacturing of high-quality electric vehicles and large investments in new energy vehicle production by major companies such as Tesla, Inc., Panasonic Corporation, and others. In addition, growing demand for electronic products such as laptops and mobile phones is anticipated to drive the product demand in this region.
The European market was valued at USD X million in 2017 owing to stringent regulations regarding carbon emissions from batteryoperated vehicles coupled with a shift towards sustainable transportation solutions supported by environmental organizations like Green Car Initiative (GCI) that support manufacturers operating in this sector.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This will lead to an increase in the demand for Li-ion batteries, which in turn will drive the growth of the Li-ion battery ternary precursor market.
- Growing investments in renewable energy: Governments and private investors are increasingly investing in renewable energy sources such as solar and wind power due to their environmental benefits. This is expected to drive the growth of the Li-ion battery ternary precursor market, as these batteries are used extensively in renewable energy applications.
- Rising demand from electronics industry: The global electronics industry is growing at a rapid pace, driven by rising consumer spending on electronic goods and increasing penetration of digital technologies across various sectors. This is expected to result in an increase in demand for Li-ion batteries, which will boost the growth of theLi-ion battery ternary precursor market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Li-ion Battery Ternary Precursor Market Research Report
By Type
NCM Type, NCA Type, NCM means that the precursor is made by mixing the solution of Ni, Co and Mn in a certain proportion. Common NCM types are NCM811,NCM523,NCM622,etc., NCA means that the precursor is made by mixing the solution of Ni, Co and Al in a certain proportion.
By Application
New Energy Vehicles, 3C Electronics, Others
By Companies
GEM Co., Ltd, Umicore, Greatpower Technology Co, BRUNP RECYCLING, CNGR Corporation, RONBAY TECHNOLOGY, Hunan Changyuan Lico, GanfengLithium, Zhejiang Huayou Cobalt, JIANA ENERGY, Jinchuan Group, FANGYUAN, 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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Li-ion Battery Ternary Precursor Market Report Segments:
The global Li-ion Battery Ternary Precursor market is segmented on the basis of:
Types
NCM Type, NCA Type, NCM means that the precursor is made by mixing the solution of Ni, Co and Mn in a certain proportion. Common NCM types are NCM811,NCM523,NCM622,etc., NCA means that the precursor is made by mixing the solution of Ni, Co and Al in a certain proportion.
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
- Greatpower Technology Co
- BRUNP RECYCLING
- CNGR Corporation
- RONBAY TECHNOLOGY
- Hunan Changyuan Lico
- GanfengLithium
- Zhejiang Huayou Cobalt
- JIANA ENERGY
- Jinchuan Group
- FANGYUAN
- POWER
Highlights of The Li-ion Battery 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
- NCM means that the precursor is made by mixing the solution of Ni, Co and Mn in a certain proportion. Common NCM types are NCM811,NCM523,NCM622,etc.
- NCA means that the precursor is made by mixing the solution of Ni, Co and Al in a certain proportion.
- 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 Li-ion Battery 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.
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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?
A Li-ion battery ternary precursor is a material that can be used to create lithium ion batteries. These materials are often used in research and development of new battery technologies.
Some of the key players operating in the li-ion battery ternary precursor market are GEM Co., Ltd, Umicore, Greatpower Technology Co, BRUNP RECYCLING, CNGR Corporation, RONBAY TECHNOLOGY, Hunan Changyuan Lico, GanfengLithium, Zhejiang Huayou Cobalt, JIANA ENERGY, Jinchuan Group, FANGYUAN, POWER.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Li-ion Battery Ternary Precursor 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. Li-ion Battery Ternary Precursor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Li-ion Battery Ternary Precursor Market - Supply Chain
4.5. Global Li-ion Battery Ternary Precursor Market Forecast
4.5.1. Li-ion Battery Ternary Precursor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Li-ion Battery Ternary Precursor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Li-ion Battery Ternary Precursor Market Absolute $ Opportunity
5. Global Li-ion Battery Ternary Precursor 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. Li-ion Battery Ternary Precursor Market Size and Volume Forecast by Type
5.3.1. NCM Type
5.3.2. NCA Type
5.3.3. NCM means that the precursor is made by mixing the solution of Ni, Co and Mn in a certain proportion. Common NCM types are NCM811,NCM523,NCM622,etc.
5.3.4. NCA means that the precursor is made by mixing the solution of Ni, Co and Al in a certain proportion.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Li-ion Battery Ternary Precursor 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. Li-ion Battery Ternary Precursor Market Size and Volume Forecast by Application
6.3.1. New Energy Vehicles
6.3.2. 3C Electronics
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Li-ion Battery Ternary Precursor 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. Li-ion Battery Ternary Precursor 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 Li-ion Battery Ternary Precursor 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. Li-ion Battery Ternary Precursor 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 Li-ion Battery Ternary Precursor Demand Share Forecast, 2019-2026
9. North America Li-ion Battery Ternary Precursor 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 Li-ion Battery Ternary Precursor 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 Li-ion Battery Ternary Precursor Market Size and Volume Forecast by Application
9.4.1. New Energy Vehicles
9.4.2. 3C Electronics
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Li-ion Battery Ternary Precursor Market Size and Volume Forecast by Type
9.7.1. NCM Type
9.7.2. NCA Type
9.7.3. NCM means that the precursor is made by mixing the solution of Ni, Co and Mn in a certain proportion. Common NCM types are NCM811,NCM523,NCM622,etc.
9.7.4. NCA means that the precursor is made by mixing the solution of Ni, Co and Al in a certain proportion.
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 Li-ion Battery Ternary Precursor Demand Share Forecast, 2019-2026
10. Latin America Li-ion Battery Ternary Precursor 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 Li-ion Battery Ternary Precursor 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 Li-ion Battery Ternary Precursor Market Size and Volume Forecast by Application
10.4.1. New Energy Vehicles
10.4.2. 3C Electronics
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Li-ion Battery Ternary Precursor Market Size and Volume Forecast by Type
10.7.1. NCM Type
10.7.2. NCA Type
10.7.3. NCM means that the precursor is made by mixing the solution of Ni, Co and Mn in a certain proportion. Common NCM types are NCM811,NCM523,NCM622,etc.
10.7.4. NCA means that the precursor is made by mixing the solution of Ni, Co and Al in a certain proportion.
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 Li-ion Battery Ternary Precursor Demand Share Forecast, 2019-2026
11. Europe Li-ion Battery Ternary Precursor 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 Li-ion Battery Ternary Precursor 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 Li-ion Battery Ternary Precursor Market Size and Volume Forecast by Application
11.4.1. New Energy Vehicles
11.4.2. 3C Electronics
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Li-ion Battery Ternary Precursor Market Size and Volume Forecast by Type
11.7.1. NCM Type
11.7.2. NCA Type
11.7.3. NCM means that the precursor is made by mixing the solution of Ni, Co and Mn in a certain proportion. Common NCM types are NCM811,NCM523,NCM622,etc.
11.7.4. NCA means that the precursor is made by mixing the solution of Ni, Co and Al in a certain proportion.
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 Li-ion Battery Ternary Precursor Demand Share, 2019-2026
12. Asia Pacific Li-ion Battery Ternary Precursor 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 Li-ion Battery Ternary Precursor 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 Li-ion Battery Ternary Precursor Market Size and Volume Forecast by Application
12.4.1. New Energy Vehicles
12.4.2. 3C Electronics
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Li-ion Battery Ternary Precursor Market Size and Volume Forecast by Type
12.7.1. NCM Type
12.7.2. NCA Type
12.7.3. NCM means that the precursor is made by mixing the solution of Ni, Co and Mn in a certain proportion. Common NCM types are NCM811,NCM523,NCM622,etc.
12.7.4. NCA means that the precursor is made by mixing the solution of Ni, Co and Al in a certain proportion.
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 Li-ion Battery Ternary Precursor Demand Share, 2019-2026
13. Middle East & Africa Li-ion Battery Ternary Precursor 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 Li-ion Battery Ternary Precursor 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 Li-ion Battery Ternary Precursor Market Size and Volume Forecast by Application
13.4.1. New Energy Vehicles
13.4.2. 3C Electronics
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Li-ion Battery Ternary Precursor Market Size and Volume Forecast by Type
13.7.1. NCM Type
13.7.2. NCA Type
13.7.3. NCM means that the precursor is made by mixing the solution of Ni, Co and Mn in a certain proportion. Common NCM types are NCM811,NCM523,NCM622,etc.
13.7.4. NCA means that the precursor is made by mixing the solution of Ni, Co and Al in a certain proportion.
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 Li-ion Battery Ternary Precursor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Li-ion Battery Ternary Precursor Market: Market Share Analysis
14.2. Li-ion Battery Ternary Precursor Distributors and Customers
14.3. Li-ion Battery Ternary Precursor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GEM Co., Ltd
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Umicore
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Greatpower Technology Co
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BRUNP RECYCLING
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CNGR Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. RONBAY TECHNOLOGY
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hunan Changyuan Lico
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. GanfengLithium
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Zhejiang Huayou Cobalt
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. JIANA ENERGY
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Jinchuan Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. FANGYUAN
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. POWER
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
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