DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global and China Ternary Cathode Materials (NCA/NCM) and Battery Industry Report, 2017-2020" report to their offering.
In 2016, the global shipment of cathode materials grew 26.7% year on year.
Thanks to brisk demand from electric vehicles, LFP and NCA show rapid growth among which NCA gets primarily used for Panasonic 18650 cylindrical batteries (to be supplied to Tesla EVs) and substantial growth of LFP benefits mainly from China's EV demand, particularly robust demand from electric buses as well as application in energy storage field.
Globally, the cathode materials used for electric passenger cars are mostly ternary materials and lithium manganate; however, Chinese electric passenger cars adopt both of LFP and ternary materials. Ternary materials tend to be the mainstream in the future. In the aspect of commercial vehicles, the lifting of the ban on ternary batteries for commercial vehicle in 2017 will conduce to the demand growth for ternary materials.
In 2016, China produced 161,600 tons of cathode materials, a year-on-year increase of 43%. Specifically, the LiFePO4 output soared 75% year on year to 57,000 tons, under the impetus of power batteries and energy storage lithium batteries. Driven by new energy passenger cars, lithium battery bicycles, medium and low-end digital lithium batteries and other markets, the output of ternary materials swelled 49% year on year to 54,300 tons. The LiCoO2 shipment jumped 9.4% year on year to 34,900 tons.
After experiencing the downturn in 2013-H1 2015, ternary materials witnessed rising penetration rates in all sub-fields with the rapid growth of new energy vehicles in H2 2015. In China, the average price of ternary materials ascended swiftly from H2 2015, and the NCM523 price hit RMB140,000 -150,000 / ton in 2016.
Major ternary material producers in China have begun to build new projects and expand capacity. In 2016, the overall capacity of top ten ternary material enterprises including Hunan Shanshan, Xiamen Tungsten, Ningbo Jinhe, Shenzhen Zhenhua and Xinxiang Tianli Energy fetched 30,000 tons, enjoying the market share of about 60%.
Key Topics Covered:
1 Overview of Ternary Cathode Materials
2 Global Ternary Cathode Material Industry
3 China Ternary Cathode Material Industry
4 Ternary Cathode Material Industry Chain
5 Global and Chinese Electric Vehicle Market
6 Foreign Ternary Cathode Materials Companies
7 Chinese Ternary Cathode Materials Enterprises
8 Major Global Ternary Lithium Battery Manufacturers
9 Major Chinese Ternary Lithium Battery Manufacturers
- Beijing Easpring Material Technology Co., Ltd.
- CITIC GUOAN Mengguli
- China Aviation Lithium Battery
- China BAK Battery
- Fujian Zhonghe Co., Ltd.
- Hefei Guoxuan High-tech Power Energy
- Henan Kelong New Energy Co., Ltd.
- Hunan ChangyuanLico Co., Ltd.
- Hunan Reshine New Material Co., Ltd.
- Hunan Shanshan Advanced Material Co., Ltd.
- Jiangxi Ganfeng Lithium Co., Ltd.
- Kingray New Materials Science & Technology Co., Ltd.
- Ningbo Jinhe New Materials Co., Ltd.
- Pulead Technology Industry Co., Ltd.
- Samsung SDI
- Shenzhen Tianjiao Technology Development Co., Ltd.
- Sinopoly Battery
- Sumitomo Metal Mine
- Tianjin LishenBattery
- Toda Kogyo
- Wanxiang EV
- Xiamen Tungsten Co., Ltd.
For more information about this report visit http://www.researchandmarkets.com/research/9n755q/global_and_china