Global Cathode Materials Market 2024-2028
The cathode materials market is forecasted to grow by USD 39894.6 mn during 2023-2028, accelerating at a CAGR of 18.52% during the forecast period. The report on the cathode materials market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by robust demand for lithium-ion batteries, mergers and acquisitions among vendors, and increased use of portable electronic products.
Technavio's cathode materials market is segmented as below:
By Battery Type
- Lead-acid
- Lithium-ion
- Others
By Application
- Automotive
- Consumer electronics
- Power tools
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the increased application in consumer electronics as one of the prime reasons driving the cathode materials market growth during the next few years. Also, increased investment in R&D and high demand for power tools and electrical equipment will lead to sizable demand in the market.
The report on the cathode materials market covers the following areas:
- Cathode materials market sizing
- Cathode materials market forecast
- Cathode materials market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cathode materials market vendors that include Advanced Lithium Electrochemistry Cayman Co. Ltd., ALTMIN, Ascend Elements Inc., BASF SE, Himadri Speciality Chemical Ltd., Hitachi Ltd., Malvern Panalytical Ltd., NEI Corp., Nichia Corp., Nippon Chemical Industrial Co. Ltd., NOVONIX Ltd., POSCO holdings Inc., Samsung SDI Co. Ltd., Sumitomo Metal Mining Co. Ltd., Targray Technology International Inc., TODA KOGYO CORP., Umicore SA, and Xiamen TOB New Energy Technology Co. Ltd.. Also, the cathode materials market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.