Global and United States Cathode Materials Market Report & Forecast 2022-2028

During past couple of decades, a drastic surge in the oil price was witnessed in the global market. This was the first crisis alert for the world, the rise in price and scarcity of resources created the necessity for conservation of energy and finding an alternative technology for optimum utilization of resources. Development of renewable energy sources, smart energy conservation and storage technologies, advancements in automotive transmission and driveline systems have triggered significant demand for energy storage technologies. Batteries are one amongst the oldest and extensively used storage technologies globally and their performance vastly depends upon cathode materials. Dynamic end user requirements such as long service life, durability, fast charging and effective response times are some of the necessities which led to advancements and developments in battery material types.
Market Analysis and Insights: Global and United States Cathode Materials Market
This report focuses on global and United States Cathode Materials market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Cathode Materials market size is estimated to be worth US$ 15210 million in 2022 and is forecast to a readjusted size of US$ 18700 million by 2028 with a CAGR of 3.5% during the review period. Fully considering the economic change by this health crisis, by Type, Binders accounting for % of the Cathode Materials global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Electronics was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Durability, compatibility, efficient and fast charging are key criterion leading to significant developments in cathode materials market. Increasing use of lithium ion batteries in portable electronic accessories and equipment such as laptops, tablets, mobile phones, digital camera etc. are driving growth of batteries in respective applications ultimately resulting in increasing demand for cathode materials. Entry of local and global players into the energy storage system market are expected to support significant growth opportunities for cathode material suppliers in the market.
Global Cathode Materials Scope and Market Size
Cathode Materials market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Cathode Materials market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Cathode Materials market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Binders
Foils
Active Materials
Segment by Application
Electronics
Energy Storage System
Automotive
Power Tools
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Advanced Lithium Electrochemistry
Targray
BASF
Nichia
NEI
Hunan Shanshan New Material
Pulead Technology Industry
Hunan Reshine New Material
Umicore