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Battery Additives Market by Type (Conductive Additive, Porous Additive, and Nucleating Additive), Application (Lead Acid and Li-ion), and Region (APAC, Europe, North America, South America, and the Middle East & Africa) - Global Forecast to 2023

Battery Additives Market by Type (Conductive Additive, Porous Additive, and Nucleating Additive), Application (Lead Acid and Li-ion), and Region (APAC, Europe, North America, South America, and the Middle East & Africa) - Global Forecast to 2023

“The battery additives market is projected to register a CAGR of 9.0%, in terms of value, between 2018 and 2023.”
The battery additives market size is estimated at USD 1.2 billion in 2018 and is projected to reach USD 1.8 billion by 2023. The growth of this market is attributed to the increasing investments in renewable energy. Another factor driving the battery additives market is the growing demand for Li-ion batteries in consumer electronics and high adoption of HEV, PHEV, and EV in the automotive industry. However, underdeveloped support infrastructure for EVs and stringent safety issues related to batteries are restraining the growth of the battery additives market. Technological advancements in Li-ion batteries are providing growth opportunities for battery additives manufacturers.

“Lead acid application to be the largest segment of the battery additives market, in terms of value.”
The lead acid segment was the largest application of battery additives in 2017. It is the most widely used application in industries such as automotive, consumer electronics, and industrial. The most common use of lead acid batteries is for starting, lighting, and ignition (SLI) in automobiles and other vehicles with internal combustion engines. They are also used in standby applications such as telecommunication, burglar, fire alarms, and emergency lighting.

“The Electric Vehicles sub application is projected to register a higher CAGR during the forecast period.”
The EVs segment is projected to be the fastest-growing sub application in the Li-ion segment of the battery additives market during the forecast period. The demand for EVs in the automotive industry is rising as it offers better efficiency and clean and sustainable fuel. In addition, governments are promoting the adoption of alternative fuel vehicles to reduce the dependence on oil imports. Additionally, innovation and technology advancements in Li-ion batteries are the key opportunities for the market players. All major players are investing in R&D of battery additives. This has led to various improvements in batteries in terms of higher power output and energy density, quick charging, more safety, and longer shelf life, which is increasing the demand for EVs, globally.

“APAC is projected to be the largest battery additives market, in terms of value, during the forecast period.”
The APAC battery additives market is projected to register the highest CAGR during the forecast period. This growth is mainly driven by high demand in portable devices and electric vehicles applications. Rising population and growing end-use industries have led to innovation and development, making APAC an important industrial hub, globally. High growth and innovation along with industry consolidations are expected to lead to the rapid growth of the market in APAC.

This study was validated through primary interviews conducted with various industry experts worldwide. The primary sources were divided into three categories, namely, company type, designation, and region.

By Company Type - Tier 1: 25%, Tier 2: 50%, and Tier 3: 25%
By Designation - C Level: 30%, Director Level: 20%, and Others: 50%
By Region - APAC: 30%, Europe: 25%, North America: 20%, South America-15%, and the Middle East & Africa-10%

The report profiles several leading players of the battery additives market that include Cabot Corporation (US), 3M (US), IMERYS (France), Orion Engineered Carbons (Luxembourg), Hammond Group (US), SGL Carbon (Germany), Borregaard (Norway), HOPAX (Taiwan), PENOX (Germany), and ALTANA (Germany).. The report also includes detailed information about various growth strategies adopted by these key players to strengthen their position in the battery additives market.

Research Coverage:
The report offers insights into the battery additives market in the key regions. It aims at estimating the size of the battery additives market during the forecast period and projects future growth of the market across the application, sub application, and region segments. The report also includes an in-depth competitive analysis of the key players in the battery additives market along with their company profiles, SWOT analysis, recent developments, and key market strategies.

Key Benefits of Buying the Report:
The report will help leaders/new entrants in the battery additives market by providing them with the closest approximations of revenues for the overall market and its various subsegments. This report will help stakeholders obtain a better understanding of the competitive landscape and gain insights to enhance their businesses and devise suitable market strategies. The report will also help stakeholders understand the pulse of the market and help acquire information on key market drivers, restraints, challenges, and opportunities affecting the growth of the battery additives market.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • REGIONS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE BATTERY ADDITIVES MARKET
    • BATTERY ADDITIVES MARKET, BY APPLICATION
    • BATTERY ADDITIVES MARKET, BY MAJOR COUNTRIES
    • APAC BATTERY ADDITIVES MARKET, BY APPLICATION AND COUNTRY
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
  • BATTERY ADDITIVES MARKET, BY TYPE
    • INTRODUCTION
    • CONDUCTIVE ADDITIVE
    • POROUS ADDITIVE
    • NUCLEATING ADDITIVE
  • BATTERY ADDITIVES MARKET, BY APPLICATION
    • INTRODUCTION
      • Table BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
    • LITHIUM-ION BATTERY
      • Table BATTERY ADDITIVES MARKET SIZE IN LI-ION APPLICATION, BY REGION, 2016-2023 (USD MILLION)
      • PORTABLE DEVICES
      • ELECTRIC VEHICLES
      • INDUSTRIAL
      • OTHERS
    • LEAD ACID BATTERY
      • Table BATTERY ADDITIVES MARKET SIZE IN LEAD ACID APPLICATION, BY REGION, 2016-2023 (USD MILLION)
      • AUTOMOTIVE
      • INDUSTRIAL
    • OTHERS
      • Table BATTERY ADDITIVES MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2016-2023 (USD MILLION)
  • BATTERY ADDITIVES MARKET, BY REGION
    • INTRODUCTION
      • Table BATTERY ADDITIVES MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: BATTERY ADDITIVES MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: BATTERY ADDITIVES MARKET SIZE IN LI-ION APPLICATION, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: BATTERY ADDITIVES MARKET SIZE IN LI-ION APPLICATION, BY SUB APPLICATION, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: BATTERY ADDITIVES MARKET SIZE IN LEAD ACID APPLICATION, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: BATTERY ADDITIVES MARKET SIZE IN LEAD ACID APPLICATION, BY SUB APPLICATION, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: BATTERY ADDITIVES MARKET SIZE IN OTHER APPLICATIONS, BY COUNTRY, 2016-2023 (USD MILLION)
      • US
        • Table US: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • CANADA
        • Table CANADA: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • MEXICO
        • Table MEXICO: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
    • APAC
      • Table APAC: BATTERY ADDITIVES MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table APAC: BATTERY ADDITIVES MARKET SIZE IN LI-ION APPLICATION, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table APAC: BATTERY ADDITIVES MARKET SIZE IN LI-ION APPLICATION, BY SUB APPLICATION, 2016-2023 (USD MILLION)
      • Table APAC: BATTERY ADDITIVES MARKET SIZE IN LEAD ACID APPLICATION, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table APAC: BATTERY ADDITIVES MARKET SIZE IN LEAD ACID APPLICATION, BY SUB APPLICATION, 2016-2023 (USD MILLION)
      • Table APAC: BATTERY ADDITIVES MARKET SIZE IN OTHER APPLICATIONS, BY COUNTRY, 2016-2023 (USD MILLION)
      • CHINA
        • Table CHINA: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • INDIA
        • Table INDIA: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • JAPAN
        • Table JAPAN: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • MALAYSIA
        • Table MALAYSIA: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • TAIWAN
        • Table TAIWAN: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • INDONESIA
        • Table INDONESIA: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • REST OF APAC
        • Table REST OF APAC: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
    • EUROPE
      • Table EUROPE: BATTERY ADDITIVES MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table EUROPE: BATTERY ADDITIVES MARKET SIZE IN LI-ION APPLICATION, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table EUROPE: BATTERY ADDITIVES MARKET SIZE IN LI-ION APPLICATION, BY SUB APPLICATION, 2016-2023 (USD MILLION)
      • Table EUROPE: BATTERY ADDITIVES MARKET SIZE IN LEAD ACID APPLICATION, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table EUROPE: BATTERY ADDITIVES MARKET SIZE IN LEAD ACID APPLICATION, BY SUB APPLICATION, 2016-2023 (USD MILLION)
      • Table EUROPE: BATTERY ADDITIVES MARKET SIZE IN OTHER APPLICATIONS, BY COUNTRY, 2016-2023 (USD MILLION)
      • GERMANY
        • Table GERMANY: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • FRANCE
        • Table FRANCE: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • UK
        • Table UK: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • ITALY
        • Table ITALY: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • NETHERLANDS
        • Table NETHERLANDS: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • NORWAY
        • Table NORWAY: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • SPAIN
        • Table SPAIN: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: BATTERY ADDITIVES MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table SOUTH AMERICA: BATTERY ADDITIVES MARKET SIZE IN LI-ION APPLICATION, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table SOUTH AMERICA: BATTERY ADDITIVES MARKET SIZE IN LI-ION APPLICATION, BY SUB APPLICATION, 2016-2023 (USD MILLION)
      • Table SOUTH AMERICA: BATTERY ADDITIVES MARKET SIZE IN LEAD ACID APPLICATION, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table SOUTH AMERICA: BATTERY ADDITIVES MARKET SIZE IN LEAD ACID APPLICATION, BY SUB APPLICATION, 2016-2023 (USD MILLION)
      • Table SOUTH AMERICA: BATTERY ADDITIVES MARKET SIZE IN OTHER APPLICATIONS, BY COUNTRY, 2016-2023 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: BATTERY ADDITIVES MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: BATTERY ADDITIVES MARKET SIZE IN LI-ION APPLICATION, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: BATTERY ADDITIVES MARKET SIZE IN LI-ION APPLICATION, BY SUB APPLICATION, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: BATTERY ADDITIVES MARKET SIZE IN LEAD ACID APPLICATION, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: BATTERY ADDITIVES MARKET SIZE IN LEAD ACID APPLICATION, BY SUB APPLICATION, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: BATTERY ADDITIVES MARKET SIZE IN OTHER APPLICATIONS, BY COUNTRY, 2016-2023 (USD MILLION)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • SOUTH AFRICA
        • Table SOUTH AFRICA: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • REST OF THE MIDDLE EAST & AFRICA
        • Table REST OF THE MIDDLE EAST & AFRICA: BATTERY ADDITIVES MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE LEADERSHIP MAPPING
      • VISIONARY LEADERS
      • INNOVATORS
      • DYNAMIC DIFFERENTIATORS
      • EMERGING COMPANIES
    • COMPETITIVE BENCHMARKING
    • RANKING OF KEY PLAYERS, 2018
    • COMPETITIVE SCENARIO
      • EXPANSION
        • Table EXPANSION, 2015-2019
      • ACQUISITION
        • Table ACQUISITION, 2015-2019
      • NEW PRODUCT LAUNCH
        • Table NEW PRODUCT LAUNCH, 2015-2019
  • COMPANY PROFILES
    • CABOT CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • HAMMOND GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • ORION ENGINEERED CARBONS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • IMERYS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • 3M
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • ALTANA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • BORREGAARD
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • HOPAX
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • PENOX
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • SGL GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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