Market Overview:
The global ternary 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 ternary materials in various applications such as automotive, metal smelting, material processing, new energy and others. In terms of type, cathode material is expected to hold the largest share of the global ternary materials market during the forecast period. Cathode material is used in various applications such as automotive and metal smelting. Asia Pacific is expected to be the fastest growing region for the global ternary materials market during the forecast period.
Product Definition:
A ternary material is a material made up of three elements. Ternary materials are important because they can be used to create alloys, which have unique and useful properties.
Cathode Material:
Cathode materials are used in the production of batteries that have a high energy density. The material is made up of an anode and a cathode, which are separated by an electrolyte. As the battery discharges, the chemical reactions between the cathode and electrolyte cause certain metals to be dissolved or evaporated resulting in current flow.
Negative Material:
Negative material is a special type of alloy that has three different metals in it. The most common example of negative material would be aluminum, which has an iron core around it. Another form of the same concept would be copper-based alloys, where the outermost layer is made from copper and other metals are added to strengthen it.
The reason why these materials are called negative materials is because they have a lower positive pole than regular materials such as gold or silver.
Application Insights:
The automotive application segment led the global ternary materials market in 2017. The growth of this segment can be attributed to increasing demand for electric and hybrid vehicles, which require lithium-ion batteries. Ternary metal nitride composites are used in the manufacturing of lightweight material for use in vehicle dashboards, thereby contributing to high product demand.
Ternary metal hydride is widely used as a fuel additive owing to its ability to reduce emissions and improve fuel efficiency. Rising awareness regarding environment protection coupled with stringent government regulations on reducing air pollution is expected to drive the usage of ternary hydrogen rich gas (H2RGO) as a gasoline additive over the forecast period, thereby propelling overall market growth over the next eight years.
Regional Analysis:
Asia Pacific dominated the global ternary materials market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2016 owing to high product demand from various end-use industries, such as automotive, metal processing, and others. In addition, rising investments by regional players are anticipated to drive growth over the next eight years. For instance, LG Chem announced its plan of expanding capacity at its Pyeongtaek plant with an investment of USD X million between 2017 and 2021.
Europe was estimated at USD X million in 2016 and is projected to grow at a CAGR close to 4% from 2017 till 2030 due primarily on increasing demand for electric vehicles coupled with growing material processing industry across Germany and France among other countries in Western Europe).
Growth Factors:
- Increasing demand for Ternary Materials in the automotive and electronics industries due to their superior properties such as high strength, light weight, and corrosion resistance.
- Growing research and development activities for the development of new ternary materials with better performance characteristics.
- Rising investments by key players in manufacturing facilities to cater to the increasing demand from end-use industries.
- Proliferation of nanotechnology which is aiding in the development of novel ternary materials with improved performance characteristics over traditional materials systems.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ternary Materials Market Research Report
By Type
Cathode Material, Negative Material
By Application
Automotive, Metal Smelting, Material Processing, New Energy, Others
By Companies
NICHIA (JPN), TODAKOGYO (JPN), Mitsubishi (JPN), L & F, ShanShan Co. (CHN), Hunan Rui Xiang New Material (CHN), QianYun (CHN), Beijing Easpring Material Technology, ShenZhen ZhenHua (CHN), Xiamen Tungsten (CHN), Citic Guoan MGL (CHN), Ningbo Jinhe New Materials (CHN), ZTT Solar
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Ternary Materials Market Report Segments:
The global Ternary Materials market is segmented on the basis of:
Types
Cathode Material, Negative Material
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
Automotive, Metal Smelting, Material Processing, New Energy, 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:
- NICHIA (JPN)
- TODAKOGYO (JPN)
- Mitsubishi (JPN)
- L & F
- ShanShan Co. (CHN)
- Hunan Rui Xiang New Material (CHN)
- QianYun (CHN)
- Beijing Easpring Material Technology
- ShenZhen ZhenHua (CHN)
- Xiamen Tungsten (CHN)
- Citic Guoan MGL (CHN)
- Ningbo Jinhe New Materials (CHN)
- ZTT Solar
Highlights of The Ternary 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:
- Cathode Material
- Negative Material
- By Application:
- Automotive
- Metal Smelting
- Material Processing
- New Energy
- 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 Ternary 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.
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?
Ternary materials are those that consist of three elements, such as carbon, oxygen, and nitrogen.
Some of the key players operating in the ternary materials market are NICHIA (JPN), TODAKOGYO (JPN), Mitsubishi (JPN), L & F, ShanShan Co. (CHN), Hunan Rui Xiang New Material (CHN), QianYun (CHN), Beijing Easpring Material Technology, ShenZhen ZhenHua (CHN), Xiamen Tungsten (CHN), Citic Guoan MGL (CHN), Ningbo Jinhe New Materials (CHN), ZTT Solar.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ternary 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. Ternary Materials Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ternary Materials Market - Supply Chain
4.5. Global Ternary Materials Market Forecast
4.5.1. Ternary Materials Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ternary Materials Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ternary Materials Market Absolute $ Opportunity
5. Global Ternary 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. Ternary Materials Market Size and Volume Forecast by Type
5.3.1. Cathode Material
5.3.2. Negative Material
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ternary 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. Ternary Materials Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Metal Smelting
6.3.3. Material Processing
6.3.4. New Energy
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ternary 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. Ternary 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 Ternary 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. Ternary 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 Ternary Materials Demand Share Forecast, 2019-2029
9. North America Ternary 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 Ternary 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 Ternary Materials Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Metal Smelting
9.4.3. Material Processing
9.4.4. New Energy
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ternary Materials Market Size and Volume Forecast by Type
9.7.1. Cathode Material
9.7.2. Negative Material
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 Ternary Materials Demand Share Forecast, 2019-2029
10. Latin America Ternary 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 Ternary 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 Ternary Materials Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Metal Smelting
10.4.3. Material Processing
10.4.4. New Energy
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ternary Materials Market Size and Volume Forecast by Type
10.7.1. Cathode Material
10.7.2. Negative Material
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 Ternary Materials Demand Share Forecast, 2019-2029
11. Europe Ternary 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 Ternary 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 Ternary Materials Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Metal Smelting
11.4.3. Material Processing
11.4.4. New Energy
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ternary Materials Market Size and Volume Forecast by Type
11.7.1. Cathode Material
11.7.2. Negative Material
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 Ternary Materials Demand Share, 2019-2029
12. Asia Pacific Ternary 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 Ternary 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 Ternary Materials Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Metal Smelting
12.4.3. Material Processing
12.4.4. New Energy
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ternary Materials Market Size and Volume Forecast by Type
12.7.1. Cathode Material
12.7.2. Negative Material
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 Ternary Materials Demand Share, 2019-2029
13. Middle East & Africa Ternary 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 Ternary 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 Ternary Materials Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Metal Smelting
13.4.3. Material Processing
13.4.4. New Energy
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ternary Materials Market Size and Volume Forecast by Type
13.7.1. Cathode Material
13.7.2. Negative Material
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 Ternary Materials Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Ternary Materials Market: Market Share Analysis
14.2. Ternary Materials Distributors and Customers
14.3. Ternary Materials Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. NICHIA (JPN)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TODAKOGYO (JPN)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mitsubishi (JPN)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. L & F
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ShanShan Co. (CHN)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hunan Rui Xiang New Material (CHN)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. QianYun (CHN)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Beijing Easpring Material Technology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ShenZhen ZhenHua (CHN)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Xiamen Tungsten (CHN)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Citic Guoan MGL (CHN)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Ningbo Jinhe New Materials (CHN)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ZTT Solar
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
