Cathode Material Market Growth, Upcoming Trends, Share, Demand and Future Opportunities

Cathode Material Market Size- By Battery Type, By Material, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Cathode Material Market Size- By Battery Type, By Material, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Published: Feb 2023 Report ID: POAE2305 Pages: 1 - 226 Formats*:     
Category : Power & Energy
Global Cathode Material Market Overview

According to SPER Market Research, the Global Cathode Material Market is estimated to reach USD 108.86 billion by 2032 with a CAGR of 15.44%. 

The Cathode materials market is segmented according to battery type and material. Due to the rapid growth in production of passenger cars, commercial trucks, and multiple, as well as increasing demands for factory power storage systems, the lead dioxide segment is expected to have the largest share of the cathode materials market. Due to increased government investments in the car sector, the lead-acid segment is expected to hold the largest share of the cathode materials market. The demand for battery-electric vehicles (EVs), including battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hybrid electric vehicles (HEVs), must have increased in recent years as a result of strict Greenhouse gas laws and federal support Policy changes and subsidies have increased demand for cathode materials in the marketplace. Furthermore, the high demand for lithium-ion cathode technology in renewable energy businesses has played an important role there in market's growth. However, the cathode materials market is hampered by safety concerns regarding battery storage and transportation. Furthermore, government regulations, laws, and cathode material safety issues are expected to be major challenges for the cathode material market. 
Cathode Material Market
Impact of COVID-19 on the Global Cathode Material Market  
During the forecast period, the cathode materials market is expected to be hampered by stringent security regulations for batteries during storage and transportation, as well as unfavorable current configuration caused by the COVID-19 outbreak. Furthermore, the increasing health problems in the goods transportation from the manufacturing facility to the software platform worldwide have such a negative impact on its economic expansion as a result of a staff shortage.

Cathode Material Market


Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2032
 Base year considered 2021
 Forecast period 2022-2032
 Segments coveredBy Battery Type, By Material, By Off-Highway Vehicles
 Regions coveredAsia-Pacific, Europe, Middle East and Africa, North America, Latin America
 Companies Covered3M, BASF SE, Hitachi Chemical Co., Ltd, Johnson Matthey, LG Chem, Mitsubishi Chemical Corporation, Mitsui Mining & Smelting Co., Ltd, POSCO, Sumitomo Metal Mining Co. Ltd, Targray Technology International, TODA KOGYO CORP, Umicore
Global Cathode Material Market Segmentation:
1. By Battery Type:
  • Lead-Acid
  • Lithium-Ion
  • Other
2. By Material:
  • Lithium Iron Phosphate
  • Lithium Cobalt Oxide
  • Lithium-Nickel Manganese Cobalt
  • Lithium Manganese Oxide
  • Lithium Nickel Cobalt Aluminium Oxide
3. By Application:
  • Automotive
  • Consumer Electronics
  • Power Tools
  • Energy Storage
  • Others
4. By Region:
  • Asia-Pacific
  • Europe, Middle East
  • Africa
  • North America
  • Latin America
Key Topics Covered in the Report:
  • Global Cathode Material Market Size (FY’2019-FY’2032)
  • Overview of Global Cathode Material Market 
  • Segmentation of Global Cathode Material Market By Battery Type (Lead-Acid, Lithium-Ion, Others)
  • Segmentation of Global Cathode Material Market By Material (Lithium Iron Phosphate, Lithium Cobalt Oxide, Lithium-Nickel Manganese Cobalt Lithium Manganese Oxide, Lithium Nickel Cobalt Aluminium Oxide, Lead Dioxide, Sodium Iron Phosphate, Oxyhydroxide, Graphite, Others)
  • Segmentation of Global Cathode Material Market By Application (Automotive, Consumer Electronics, Power Tools, Energy Storage, Others)
  • Statistical Snap of Global Cathode Material Market 
  • Growth Analysis of Global Cathode Material Market 
  • Problems and Challenges in Global Cathode Material Market 
  • Competitive Landscape in the Global Cathode Material Market 
  • Impact of COVID-19 and Demonetization on Global Cathode Material Market 
  • Details on Recent Investment in Global Cathode Material Market 
  • Competitive Analysis of Global Cathode Material Market 
  • Global Cathode Material Market Key market Players
  • SWOT Analysis of Global Cathode Material Market 
  • Global Cathode Material Market Future Outlook and Projections (FY’2019-FY’2032)
  • Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation

3. Executive Summary

4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges 
4.2. COVID-19 Impacts of the Global Cathode Material Market 

5. Market variables and outlook
5.1. SWOT analysis 
5.1.1 Strengths 
5.1.2 Weaknesses 
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis 
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape 
5.2.4 Technological landscape 
5.2.5 Environmental landscape 
5.2.6 Legal landscape 
5.3. PORTER’S five forces analysis 
5.3.1 Bargaining power of suppliers 
5.3.2 Bargaining power of Buyers 
5.3.3 Threat of Substitute 
5.3.4 Threat of new entrant 
5.3.5 Competitive rivalry
5.4. Heat map analysis

6. Competitive Landscape 
6.1 Global Cathode Material Manufacturing Base Distribution, Sales Area, Product Type 
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Cathode Material Market 

7. Global Cathode Material Market, By Battery Type, 2019-2032 (USD Million)
7.1 Lead-Acid
7.2 Lithium-Ion
7.3 Other

8. Global Cathode Material Market, By Material, 2019-2032 (USD Million)
8.1 Lithium Iron Phosphate
8.2 Lithium Cobalt Oxide
8.3 Lithium-Nickel Manganese Cobalt
8.4 Lithium Manganese Oxide
8.5 Lithium Nickel Cobalt Aluminium Oxide
8.6 Lead Dioxide
8.7 Sodium Iron Phosphate
8.8 Oxyhydroxide
8.9 Graphite
8.10 Others

9. Global Cathode Material Market, By Application, 2019-2032 (USD Million)
9.1 Automotive
9.2 Consumer Electronics
9.3 Power Tools
9.4 Energy Storage
9.5 Others

10. Global Cathode Material Market, By Region, 2019-2032 (USD Million)
10.1 Global Cathode Material Market Size and Market Share by Region (2019-2025) 
10.2 Global Cathode Material Market Size and Market Share by Region (2026-2032)
10.3 Asia-Pacific
10.3.1 Australia
10.3.2 China
10.3.3 India
10.3.4 Japan
10.3.5 South Korea
10.3.6 Rest of Asia-Pacific
10.4 Europe
10.4.1 France
10.4.2 Germany
10.4.3 Italy
10.4.4 Spain
10.4.5 United Kingdom
10.4.6 Rest of Europe
10.5 Middle East and Africa
10.5.1 Kingdom of Saudi Arabia 
10.5.2 United Arab Emirates
10.5.3 Rest of Middle East & Africa
10.6 North America
10.6.1 Canada
10.6.2 Mexico
10.6.3 United States
10.7 Latin America
10.7.1 Argentina
10.7.2 Brazil
10.7.3 Rest of Latin America

11.Company Profiles
11.1 3M
11.1.1 Company details 
11.1.2 Financial outlook
11.1.3 Product summary 
11.1.4 Recent developments
11.2 BASF SE
11.2.1 Company details 
11.2.2 Financial outlook
11.2.3 Product summary 
11.2.4 Recent developments
11.3 Hitachi Chemicals Co. Ltd
11.3.1 Company details 
11.3.2 Financial outlook
11.3.3 Product summary 
11.3.4 Recent developments
11.4 Johnson Matthey
11.4.1 Company details 
11.4.2 Financial outlook
11.4.3 Product summary 
11.4.4 Recent developments
11.5 LG Chem
11.5.1 Company details 
11.5.2 Financial outlook
11.5.3 Product summary 
11.5.4 Recent developments
11.6 Mitsubishi Chemical Corporation
11.6.1 Company details 
11.6.2 Financial outlook
11.6.3 Product summary 
11.6.4 Recent developments
11.7 POSCO
11.7.1 Company details 
11.7.2 Financial outlook
11.7.3 Product summary 
11.7.4 Recent developments
11.8 Sumitomo Metal Mining Co. Ltd
11.8.1 Company details 
11.8.2 Financial outlook
11.8.3 Product summary 
11.8.4 Recent developments
11.9 Targray Technology International
11.9.1 Company details 
11.9.2 Financial outlook
11.9.3 Product summary 
11.9.4 Recent developments
11.10 Toda Kogyo Corp.
11.10.1 Company details 
11.10.2 Financial outlook
11.10.3 Product summary 
11.10.4 Recent developments
11.11 Umicore
11.11.1 Company details 
11.11.2 Financial outlook
11.11.3 Product summary 
11.11.4 Recent developments

12.List of Abbreviations

13.Reference Links

14.Conclusion

15.Research Scope

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3


Frequently Asked Questions About This Report
The North America region is anticipated to have the highest market share in the Cathode Material Market.
The key players in the market include Companies Covered 3M, BASF SE, Hitachi Chemical Co., Ltd, Johnson Matthey, LG Chem, Mitsubishi Chemical Corporation, Mitsui Mining & Smelting Co., Ltd, POSCO, Sumitomo Metal Mining Co. Ltd, Targray Technology International, TODA KOGYO CORP, Umicore.
The high demand for lithium-ion cathode technology in renewable energy businesses has played an important role there in market's growth.
Cathode Material Market is projected to reach USD 108.86 billion by 2032, growing at a CAGR of 15.44% during the forecast period.
Cathode Material Market Segment is Covered By Battery Type, By Material, By Off-Highway Vehicles.
Cathode Material Market grew in market size from 2021. The Market is expected to reach USD 108.86 billion by 2032, at a CAGR of 15.44% during the forecast period.
Cathode Material Market CAGR of 15.44% during the forecast period.
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Cathode Material Market size is USD 108.86 billion from 2022 to 2032.
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