Global Precursor Materials Supply, Demand and Key Producers, 2026-2032
Description
The global Precursor Materials market size is expected to reach $ 49640 million by 2032, rising at a market growth of 13.8% CAGR during the forecast period (2026-2032).
Precursor materials are intermediate products with highly uniform distribution of various elements prepared by solution process can be converted into finished products by chemical reaction and play a decisive role in the performance index of finished products. The cathode material is the key material for lithium ion batteries, and the precursor is an important raw material for the production of lithium ion cathode materials. used for energy storage devices of various Power Battery, Consumer Battery, digital cameras, drones, robots, solar energy, wind energy, etc., as well as communication equipment and backup power of such base stations.
Global key players of precursor materials include CNGR Corporation, GEM Co., Ltd, Zhejiang Huayou Cobalt, Brunp Recycling, Umicore, etc. The top five players hold a share about 58%.
Precursor Materials are mainly classified into the following types: NCM and NCA type, and NCM type is the most widely used type which takes up about 94.1% of the total sales. At present, high-nickel materials such as NCM811 and NCA9 series have become mainstream in the market. GEM's ultra-high nickel and low-cobalt (1.5% cobalt) precursors with Ni content of 96% was commercialized. NCM91 polycrystalline and NCM90 single crystals will enter the mass production stage, and NCMA quaternary precursors will enter the mass production certification stage.
Precursor Materials have wide range of applications, such as power battery and consumer battery. Power battery was the most widely used area which took up about 73% of the global market. The rapid development of this field is mainly due to the rapid growth of new energy vehicles.
This report studies the global Precursor Materials production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Precursor 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 Precursor Materials that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Precursor Materials total production and demand, 2021-2032, (K MT)
Global Precursor Materials total production value, 2021-2032, (USD Million)
Global Precursor Materials production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K MT), (based on production site)
Global Precursor Materials consumption by region & country, CAGR, 2021-2032 & (K MT)
U.S. VS China: Precursor Materials domestic production, consumption, key domestic manufacturers and share
Global Precursor Materials production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K MT)
Global Precursor Materials production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
Global Precursor Materials production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
This report profiles key players in the global Precursor Materials market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GEM Co., Ltd, Umicore, CNGR Corporation, Brunp Recycling, Tanaka Chemical Corporation, Kelong New Energy, Zhejiang Huayou Cobalt, Fangyuan, Greatpower Technology, Ronbay Technology, 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 Precursor Materials market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (K US$/MT) by manufacturer, 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 Precursor Materials Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Precursor Materials Market, Segmentation by Type:
NCM Type
NCA Type
Global Precursor Materials Market, Segmentation by Application:
Power Battery
Consumer Battery
Others
Companies Profiled:
GEM Co., Ltd
Umicore
CNGR Corporation
Brunp Recycling
Tanaka Chemical Corporation
Kelong New Energy
Zhejiang Huayou Cobalt
Fangyuan
Greatpower Technology
Ronbay Technology
Hunan Changyuan Lico
GanfengLithium
Jiana Energy
Jinchuan Group
Zhejiang Power
Key Questions Answered:
1. How big is the global Precursor Materials market?
2. What is the demand of the global Precursor Materials market?
3. What is the year over year growth of the global Precursor Materials market?
4. What is the production and production value of the global Precursor Materials market?
5. Who are the key producers in the global Precursor Materials market?
6. What are the growth factors driving the market demand?
Precursor materials are intermediate products with highly uniform distribution of various elements prepared by solution process can be converted into finished products by chemical reaction and play a decisive role in the performance index of finished products. The cathode material is the key material for lithium ion batteries, and the precursor is an important raw material for the production of lithium ion cathode materials. used for energy storage devices of various Power Battery, Consumer Battery, digital cameras, drones, robots, solar energy, wind energy, etc., as well as communication equipment and backup power of such base stations.
Global key players of precursor materials include CNGR Corporation, GEM Co., Ltd, Zhejiang Huayou Cobalt, Brunp Recycling, Umicore, etc. The top five players hold a share about 58%.
Precursor Materials are mainly classified into the following types: NCM and NCA type, and NCM type is the most widely used type which takes up about 94.1% of the total sales. At present, high-nickel materials such as NCM811 and NCA9 series have become mainstream in the market. GEM's ultra-high nickel and low-cobalt (1.5% cobalt) precursors with Ni content of 96% was commercialized. NCM91 polycrystalline and NCM90 single crystals will enter the mass production stage, and NCMA quaternary precursors will enter the mass production certification stage.
Precursor Materials have wide range of applications, such as power battery and consumer battery. Power battery was the most widely used area which took up about 73% of the global market. The rapid development of this field is mainly due to the rapid growth of new energy vehicles.
This report studies the global Precursor Materials production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Precursor 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 Precursor Materials that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Precursor Materials total production and demand, 2021-2032, (K MT)
Global Precursor Materials total production value, 2021-2032, (USD Million)
Global Precursor Materials production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K MT), (based on production site)
Global Precursor Materials consumption by region & country, CAGR, 2021-2032 & (K MT)
U.S. VS China: Precursor Materials domestic production, consumption, key domestic manufacturers and share
Global Precursor Materials production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K MT)
Global Precursor Materials production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
Global Precursor Materials production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
This report profiles key players in the global Precursor Materials market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GEM Co., Ltd, Umicore, CNGR Corporation, Brunp Recycling, Tanaka Chemical Corporation, Kelong New Energy, Zhejiang Huayou Cobalt, Fangyuan, Greatpower Technology, Ronbay Technology, 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 Precursor Materials market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (K US$/MT) by manufacturer, 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 Precursor Materials Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Precursor Materials Market, Segmentation by Type:
NCM Type
NCA Type
Global Precursor Materials Market, Segmentation by Application:
Power Battery
Consumer Battery
Others
Companies Profiled:
GEM Co., Ltd
Umicore
CNGR Corporation
Brunp Recycling
Tanaka Chemical Corporation
Kelong New Energy
Zhejiang Huayou Cobalt
Fangyuan
Greatpower Technology
Ronbay Technology
Hunan Changyuan Lico
GanfengLithium
Jiana Energy
Jinchuan Group
Zhejiang Power
Key Questions Answered:
1. How big is the global Precursor Materials market?
2. What is the demand of the global Precursor Materials market?
3. What is the year over year growth of the global Precursor Materials market?
4. What is the production and production value of the global Precursor Materials market?
5. Who are the key producers in the global Precursor Materials market?
6. What are the growth factors driving the market demand?
Table of Contents
126 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 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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