Global Lithium Nickel Manganese Cobalt Oxide (NMC) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Lithium Nickel Manganese Cobalt Oxide (NMC) market size was valued at US$ 1688 million in 2024 and is forecast to a readjusted size of USD 2075 million by 2031 with a CAGR of 3.0% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Lithium nickel cobalt manganese Oxide short form: NMC (NCM, CMN, CNM, MNC, MCN similar with different metal combinations) is kind of anode materials, which is mainly used to manufacture energy cells or power cells. This materials combines the lithium cobalt oxide is known for its high specific energy but poor stability; lithium manganese oxide has the benefit of forming a spinel structure to achieve low internal resistance but offers a low specific energy. Lithium nickel cobalt manganese oxide combining the metals enhances each other strengths.
Global Lithium Nickel Cobalt Manganese Oxide key players include Umicore, NICHIA CORPORATION, Tanaka Chemical, L and F, 3M, etc. Global top five players hold a share about 35%.
China is the largest market, with a share about 35%, followed by South Korea and Japan, having a total share about 50 percent.
In terms of product, NMC111 is the largest segment, with a share about 46%. And in terms of application, the largest application is Battery materials for small mobile devices, followed by Battery materials for EV of Large-scale LIB.
This report is a detailed and comprehensive analysis for global Lithium Nickel Manganese Cobalt Oxide (NMC) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Lithium Nickel Manganese Cobalt Oxide (NMC) market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031
Global Lithium Nickel Manganese Cobalt Oxide (NMC) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031
Global Lithium Nickel Manganese Cobalt Oxide (NMC) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031
Global Lithium Nickel Manganese Cobalt Oxide (NMC) market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (US$/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Lithium Nickel Manganese Cobalt Oxide (NMC)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Lithium Nickel Manganese Cobalt Oxide (NMC) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include American Elements, Cobalt Institute, Hunter Chemical, Acialloys, Edge-tech, Chemical Store, Allan Chemical, Noah Tech, Brunp Recycling, Easpring Material Tech, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Lithium Nickel Manganese Cobalt Oxide (NMC) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
2N
3N
4N
5N
Market segment by Application
Battery
Chemical Industry
Major players covered
American Elements
Cobalt Institute
Hunter Chemical
Acialloys
Edge-tech
Chemical Store
Allan Chemical
Noah Tech
Brunp Recycling
Easpring Material Tech
Green Eco-Manufacture
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Lithium Nickel Manganese Cobalt Oxide (NMC) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Lithium Nickel Manganese Cobalt Oxide (NMC), with price, sales quantity, revenue, and global market share of Lithium Nickel Manganese Cobalt Oxide (NMC) from 2020 to 2025.
Chapter 3, the Lithium Nickel Manganese Cobalt Oxide (NMC) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Lithium Nickel Manganese Cobalt Oxide (NMC) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Lithium Nickel Manganese Cobalt Oxide (NMC) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Lithium Nickel Manganese Cobalt Oxide (NMC).
Chapter 14 and 15, to describe Lithium Nickel Manganese Cobalt Oxide (NMC) sales channel, distributors, customers, research findings and conclusion.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Lithium nickel cobalt manganese Oxide short form: NMC (NCM, CMN, CNM, MNC, MCN similar with different metal combinations) is kind of anode materials, which is mainly used to manufacture energy cells or power cells. This materials combines the lithium cobalt oxide is known for its high specific energy but poor stability; lithium manganese oxide has the benefit of forming a spinel structure to achieve low internal resistance but offers a low specific energy. Lithium nickel cobalt manganese oxide combining the metals enhances each other strengths.
Global Lithium Nickel Cobalt Manganese Oxide key players include Umicore, NICHIA CORPORATION, Tanaka Chemical, L and F, 3M, etc. Global top five players hold a share about 35%.
China is the largest market, with a share about 35%, followed by South Korea and Japan, having a total share about 50 percent.
In terms of product, NMC111 is the largest segment, with a share about 46%. And in terms of application, the largest application is Battery materials for small mobile devices, followed by Battery materials for EV of Large-scale LIB.
This report is a detailed and comprehensive analysis for global Lithium Nickel Manganese Cobalt Oxide (NMC) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Lithium Nickel Manganese Cobalt Oxide (NMC) market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031
Global Lithium Nickel Manganese Cobalt Oxide (NMC) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031
Global Lithium Nickel Manganese Cobalt Oxide (NMC) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031
Global Lithium Nickel Manganese Cobalt Oxide (NMC) market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (US$/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Lithium Nickel Manganese Cobalt Oxide (NMC)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Lithium Nickel Manganese Cobalt Oxide (NMC) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include American Elements, Cobalt Institute, Hunter Chemical, Acialloys, Edge-tech, Chemical Store, Allan Chemical, Noah Tech, Brunp Recycling, Easpring Material Tech, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Lithium Nickel Manganese Cobalt Oxide (NMC) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
2N
3N
4N
5N
Market segment by Application
Battery
Chemical Industry
Major players covered
American Elements
Cobalt Institute
Hunter Chemical
Acialloys
Edge-tech
Chemical Store
Allan Chemical
Noah Tech
Brunp Recycling
Easpring Material Tech
Green Eco-Manufacture
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Lithium Nickel Manganese Cobalt Oxide (NMC) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Lithium Nickel Manganese Cobalt Oxide (NMC), with price, sales quantity, revenue, and global market share of Lithium Nickel Manganese Cobalt Oxide (NMC) from 2020 to 2025.
Chapter 3, the Lithium Nickel Manganese Cobalt Oxide (NMC) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Lithium Nickel Manganese Cobalt Oxide (NMC) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Lithium Nickel Manganese Cobalt Oxide (NMC) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Lithium Nickel Manganese Cobalt Oxide (NMC).
Chapter 14 and 15, to describe Lithium Nickel Manganese Cobalt Oxide (NMC) sales channel, distributors, customers, research findings and conclusion.
Table of Contents
117 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Lithium Nickel Manganese Cobalt Oxide (NMC) by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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