Global Lithium-ion Battery Materials Supply, Demand and Key Producers, 2026-2032
Description
The global Lithium-ion Battery Materials market size is expected to reach $ 40470 million by 2032, rising at a market growth of 11.0% CAGR during the forecast period (2026-2032).
Lithium-ion Battery Materials refer to the essential components that make up a lithium-ion battery, each of which plays a crucial role in the energy storage, conversion, and overall performance of the battery. These materials include the cathode (positive electrode), anode (negative electrode), electrolyte, and separator, each contributing to the battery's charge and discharge capabilities, energy density, cycling stability, and safety.
The market for lithium-ion battery materials has experienced significant growth over the past decade, driven by the increasing demand for electric vehicles (EVs), renewable energy storage, and portable electronics. Lithium-ion batteries, known for their high energy density, long cycle life, and relatively low self-discharge rate, are now a critical component of numerous industries. Key drivers of this market include the shift toward green energy solutions, government incentives for EV adoption, and advancements in battery technology.
The demand for high-performance battery materials such as cathodes, anodes, electrolytes, and separators is intensifying as electric vehicle sales grow rapidly, and renewable energy installations like solar and wind require efficient storage systems. Notably, the expansion of lithium-ion battery production is also prompted by the rise of large-scale battery storage systems that support grid stability and energy decentralization.
One of the prominent trends is the increasing focus on material innovation to reduce costs, improve energy density, and enhance safety. Research into alternative anode materials, like silicon-based compounds, is ongoing, as they promise higher energy capacity compared to traditional graphite anodes. Furthermore, the recycling of lithium-ion batteries is becoming more critical, driven by environmental concerns and the need for sustainable raw material sourcing.
As the market grows, there is a strong emphasis on global supply chain optimization, with countries looking to secure reliable sources of lithium, cobalt, nickel, and other key materials. Geopolitical factors, such as trade policies and the movement toward battery material localization, also play a crucial role in shaping market dynamics.
This report studies the global Lithium-ion Battery Materials demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Lithium-ion Battery Materials, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Lithium-ion Battery Materials that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Lithium-ion Battery Materials total market, 2021-2032, (USD Million)
Global Lithium-ion Battery Materials total market by region & country, CAGR, 2021-2032, (USD Million)
U.S. VS China: Lithium-ion Battery Materials total market, key domestic companies, and share, (USD Million)
Global Lithium-ion Battery Materials revenue by player, revenue and market share 2021-2026, (USD Million)
Global Lithium-ion Battery Materials total market by Type, CAGR, 2021-2032, (USD Million)
Global Lithium-ion Battery Materials total market by Application, CAGR, 2021-2032, (USD Million)
This report profiles major players in the global Lithium-ion Battery Materials market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Umicore, Targray, LG Chem, BTR New Energy, Shanshan Technology, Showa Denko K.K., Kureha Battery Materials, Mitsubishi Chemical, Asahi Kasei, Sumitomo Corporation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world Lithium-ion Battery Materials market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Lithium-ion Battery Materials Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Lithium-ion Battery Materials Market, Segmentation by Type:
Cathode Material
Anode Materials
Lithium-Ion Battery Separator
Electrolyte
Global Lithium-ion Battery Materials Market, Segmentation by Application:
Automotive
Grid Energy Storage
Consumer Electronics
Others
Companies Profiled:
Umicore
Targray
LG Chem
BTR New Energy
Shanshan Technology
Showa Denko K.K.
Kureha Battery Materials
Mitsubishi Chemical
Asahi Kasei
Sumitomo Corporation
Toray
Key Questions Answered
1. How big is the global Lithium-ion Battery Materials market?
2. What is the demand of the global Lithium-ion Battery Materials market?
3. What is the year over year growth of the global Lithium-ion Battery Materials market?
4. What is the total value of the global Lithium-ion Battery Materials market?
5. Who are the Major Players in the global Lithium-ion Battery Materials market?
6. What are the growth factors driving the market demand?
Lithium-ion Battery Materials refer to the essential components that make up a lithium-ion battery, each of which plays a crucial role in the energy storage, conversion, and overall performance of the battery. These materials include the cathode (positive electrode), anode (negative electrode), electrolyte, and separator, each contributing to the battery's charge and discharge capabilities, energy density, cycling stability, and safety.
The market for lithium-ion battery materials has experienced significant growth over the past decade, driven by the increasing demand for electric vehicles (EVs), renewable energy storage, and portable electronics. Lithium-ion batteries, known for their high energy density, long cycle life, and relatively low self-discharge rate, are now a critical component of numerous industries. Key drivers of this market include the shift toward green energy solutions, government incentives for EV adoption, and advancements in battery technology.
The demand for high-performance battery materials such as cathodes, anodes, electrolytes, and separators is intensifying as electric vehicle sales grow rapidly, and renewable energy installations like solar and wind require efficient storage systems. Notably, the expansion of lithium-ion battery production is also prompted by the rise of large-scale battery storage systems that support grid stability and energy decentralization.
One of the prominent trends is the increasing focus on material innovation to reduce costs, improve energy density, and enhance safety. Research into alternative anode materials, like silicon-based compounds, is ongoing, as they promise higher energy capacity compared to traditional graphite anodes. Furthermore, the recycling of lithium-ion batteries is becoming more critical, driven by environmental concerns and the need for sustainable raw material sourcing.
As the market grows, there is a strong emphasis on global supply chain optimization, with countries looking to secure reliable sources of lithium, cobalt, nickel, and other key materials. Geopolitical factors, such as trade policies and the movement toward battery material localization, also play a crucial role in shaping market dynamics.
This report studies the global Lithium-ion Battery Materials demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Lithium-ion Battery Materials, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Lithium-ion Battery Materials that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Lithium-ion Battery Materials total market, 2021-2032, (USD Million)
Global Lithium-ion Battery Materials total market by region & country, CAGR, 2021-2032, (USD Million)
U.S. VS China: Lithium-ion Battery Materials total market, key domestic companies, and share, (USD Million)
Global Lithium-ion Battery Materials revenue by player, revenue and market share 2021-2026, (USD Million)
Global Lithium-ion Battery Materials total market by Type, CAGR, 2021-2032, (USD Million)
Global Lithium-ion Battery Materials total market by Application, CAGR, 2021-2032, (USD Million)
This report profiles major players in the global Lithium-ion Battery Materials market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Umicore, Targray, LG Chem, BTR New Energy, Shanshan Technology, Showa Denko K.K., Kureha Battery Materials, Mitsubishi Chemical, Asahi Kasei, Sumitomo Corporation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world Lithium-ion Battery Materials market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Lithium-ion Battery Materials Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Lithium-ion Battery Materials Market, Segmentation by Type:
Cathode Material
Anode Materials
Lithium-Ion Battery Separator
Electrolyte
Global Lithium-ion Battery Materials Market, Segmentation by Application:
Automotive
Grid Energy Storage
Consumer Electronics
Others
Companies Profiled:
Umicore
Targray
LG Chem
BTR New Energy
Shanshan Technology
Showa Denko K.K.
Kureha Battery Materials
Mitsubishi Chemical
Asahi Kasei
Sumitomo Corporation
Toray
Key Questions Answered
1. How big is the global Lithium-ion Battery Materials market?
2. What is the demand of the global Lithium-ion Battery Materials market?
3. What is the year over year growth of the global Lithium-ion Battery Materials market?
4. What is the total value of the global Lithium-ion Battery Materials market?
5. Who are the Major Players in the global Lithium-ion Battery Materials market?
6. What are the growth factors driving the market demand?
Table of Contents
128 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Lithium-ion Battery Materials Companies Competitive Analysis
- 4 United States VS China VS Rest of World (by Headquarter Location)
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
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