Ternary materials use nickel salt, cobalt salt, and manganese salt as raw materials. According to the actual situation, the ratio of nickel, cobalt and manganese is matched. The main function of nickel is to increase energy density. High nickel means higher energy density and lower The capacity of the high nickel cathode material is mainly contributed by the Ni2+/Ni4+ redox pair. Therefore, the overall capacity of the high nickel material increases with the increase of the nickel content. High nickel ternary materials are expected to enter a stage of rapid growth in the next two to three years.

Market Analysis and Insights: Global and China High Nickel Ternary Material Market
This report focuses on global and China High Nickel Ternary Material market.
In 2020, the global High Nickel Ternary Material market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% during 2021-2027. In China the High Nickel Ternary Material market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global High Nickel Ternary Material Scope and Market Size
High Nickel Ternary Material market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global High Nickel Ternary Material 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 in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the High Nickel Ternary Material market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
NCA
NCM

Segment by Application
New Energy Vehicles
3C Electronics
Others

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Umicore
TANAKA CHEMICAL CORPORATION
Sumitomo Metal
Nichia Corporation
L&F
Toda Kogyo
Ningbo Ronbay New Energy
Easpring Material Technology
Xiamen Tungsten
ECOPRO
Tianjin Bamo Technology
Ningbo Shanshan Co., Ltd
Shenzhen BTR