Technology Advancements in Battery Materials Market

1. Technology Advancements in Battery Materials Market The report "Battery Materials Market by Battery Type (Lead-acid, Lithium-ion), Material (Cathode, Anode, Electrolyte, Separator), Application (Automotive, EVs, Portable Devices, Industrial), and Region (APAC, North America, Europe, RoW) - Global Forecast to 2023" The battery materials market is projected to reach USD 65.78 Billion by 2023 The battery materials market is projected to grow from USD 43.50 Billion in 2018 to USD 65.78 Billion by 2023, at a CAGR of 8.62% between 2018 and 2023. APAC is expected to lead the global battery materials market during the forecast period. Battery material is used in the manufacturing of batteries. Cathode, anode, electrolyte, and separators are the main building blocks of a battery system. Different materials are used in the manufacturing of cathode, anode, electrolyte, and separators for different rechargeable batteries. The lead-acid and lithium-ion battery materials account for a major share of the global battery materials market. Browse 155 market data Tables and 47 Figures spread through 170 Pages and in-depth TOC on "Battery Materials Market by Battery Type (Lead-acid, Lithium-ion), Material (Cathode, Anode, Electrolyte, Separator), Application (Automotive, EVs, Portable Devices, Industrial), and Region (APAC, North America, Europe, RoW) - Global Forecast to 2023" Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=866 Based on battery type, the lead-acid segment is projected to lead the battery materials market during the forecast period. Lead-acid is estimated to be the largest battery type segment of the battery materials market in 2018. This large share can be attributed to its renewability and increasing use in backup power, emergency lighting, utilities, security systems, railway backup systems, oil and gas explorations, renewable energy systems, and other applications. The battery reduces carbon emissions and provides energy that is renewable and recyclable. The cathode segment is projected to lead the lead-acid battery materials market during the forecast period. Lead dioxide is the cathode material preferred in the manufacturing of lead-acid batteries. The cathode is the largest lead-acid battery materials segment, as it forms the largest portion of any lead-acid battery. Furthermore, the increase in investments in R&D for innovation of materials with high capacity and low price by cathode materials manufacturers to create a balance between high quality and low cost will drive the cathode lead-acid battery materials market during the forecast period. APAC is expected to lead the battery materials market during the forecast period. APAC is expected to be the largest battery materials market during the forecast period. The battery materials market in the APAC region is majorly driven by the growing demand for battery materials in China. Heavy investments in automotive, electronics, and ESS is the key factor driving the battery materials market in the country. Government support, the presence of strong manufacturing base, and growing investments by automotive companies in an electric vehicle are driving the battery materials market worldwide. Key companies in the battery materials market include Umicore (Belgium), Asahi Kasei (Japan), Mitsubishi Chemical Holdings (Japan), POSCO (South Korea), Johnson Matthey (UK), Hitachi Chemical Company (Japan), Kureha Corporation (Japan), Sumitomo Corporation (Japan), Toray Industries (Japan), and Mitsui Mining & Smelting (Japan), among others. Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalyst.asp?id=866 Key Target Audience:   Manufacturers of Battery Materials Raw Material Suppliers

2.     Traders, Distributors, and Suppliers of Battery Materials Automobile Manufacturers Government & Regional Agencies and Research Organizations Investment Research Firms Scope of the Report: The global battery materials market for rechargeable batteries has been covered in detail in this report. Current market demand and forecasts have also been included to provide a comprehensive market scenario. Battery Materials Market, By Battery Type:    Lithium-ion Lead-acid Others Battery Materials Market, By Material:  Lithium-ion o o o o o Lead-acid o o o o o Cathode Anode Electrolyte Separator Others  Cathode Anode Electrolyte Separator Others Battery Materials Market, By Application:  Lithium-ion o o o o Lead-acid o o Electric vehicles Portable devices Industrial Others  Automotive Industrial Battery Materials Market, By Region:     APAC North America Europe RoW About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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