DUBLIN--(BUSINESS WIRE)--The "Battery Materials Market by Battery Type (Lead-acid, Lithium-ion), Material (Cathode, Anode, Electrolyte, Separator), Application (Automotive, EVs, Portable Devices, Industrial), & Region (APAC, North America, Europe, RoW) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
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.
The growing demand for battery materials for various battery types, such as lead-acid, lithium-ion, and others, is expected to fuel the growth of the battery materials market. However, stringent environmental regulations are expected to restrain the growth of the battery materials market during the forecast period.
The lithium-ion segment is expected to be the fastest-growing battery type segment of the battery materials market during the forecast period. Automobile manufacturers have started focusing on EVs, as several countries and their governments have taken initiatives towards a green environment and lower CO2 emission. The growing use of EVs and the use of portable electronic devices are likely to drive the lithium-ion battery materials market during the forecast period.
The APAC region is expected to witness the highest growth during the forecast period. The growth of this market is driven by the high demand for battery energy in APAC countries. The high demand for battery from the automotive sector due to the increase in the use of EVs and industrial sectors powered by usage in telecom, railways, power, and other industrial applications are driving the battery materials market in APAC.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Battery Materials Market, By Battery Type
7 Battery Materials Market, By Materials
8 Battery Materials Market, By Application
9 Battery Material Market, By Region
10 Competitive Landscape
11 Company Profiles
- Asahi Kasei Corporation
- DOW Chemical
- Gravita India
- Hitachi Chemical
- Johnson Matthey
- Kureha Corporation
- Mitsubishi Chemical Holdings
- Mitsui Mining & Smelting Company
- Nei Corporation
- Nexeon Limited
- Nichia Corporation
- Pulead Technology Industry
- Shanshan Technology
- Showa Denko
- Sumitomo Corporation
- Tanaka Chemicals
- Toda Kogyo Corp.
- Ube Industries
- Zhangjiagang Guotai Huarong Chemical New Material
For more information about this report visit https://www.researchandmarkets.com/research/rlmf8p/battery_materials?w=4