According to Stratistics MRC, the Global Cathode Materials market is accounted for $15.19 billion in 2017 and is expected to reach $28.41 billion by 2026 growing at a CAGR of 7.2% during the forecast period. The growth of this market is mainly driven by increasing demand for consumer electronics, increasing adoption of Lithium-ion cathode technology in the renewable energy industry and advancements in the batteries for energy storing devices. However, Safety issues related to cathode materials is hampering the market growth.

Cathode materials are more often used in the batteries along with several other carbon related cathodes such as carbon nano tubes (CNT), carbon nanofiber, and mesocellular carbon foam. It enhances the decomposition of electrolyte in discharging battery.

On the basis of material, Li-Ion Cathode materials widely compelled as the power or energy maker for everything from portable electronics to electric vehicles. Cathode materials have a tendency of undergoing oxidation/reduction reactions using electrochemical systems by allowing a spontaneous oxidation reaction at the surface while sending electrons to the positive electrode through an external circuit, causing a reduction reaction.

Asia pacific is currently the largest market and is expected to dominate over the forecast period owing to its demand from various verticals for battery energy systems and the increasing battery consumers and also driven by growing demand for electrified vehicles, including BEVs, PHEVs, and HEVs.

Some of the keyplayers of the market are Umicore, Toda Kogyo Corp., Sumitomo Corporation, Showa Denko, Pulead Technology Industry, Posco, Nichia Corporation, Nei Corporation, Mitsui Mining & Smelting Company, Mitsubishi Chemical Holdings, L&F, Kureha Corporation, Johnson Matthey, Hitachi Chemical, Gravita India, DOW Chemical, BASF, and 3M

Materials Covered:

  • Active materials
  • Binders
  • Foils
  • Li-Ion Cathode Materials
  • Lead-Acid Cathode Materials
  • Other Cathode Materials

Battery Types Covered:

  • Li-Ion
  • Lead-Acid
  • Other Battery Types

Applications Covered:

  • Electronics
  • Energy Storage System
  • Power Tools
  • Automotive

Regions Covered:

  • North America
  • ·US
  • ·Canada
  • ·Mexico
  • Europe
  • ·Germany
  • ·UK
  • ·Italy
  • ·France
  • ·Spain
  • ·Rest of Europe
  • Asia Pacific
  • ·Japan
  • ·China
  • ·India
  • ·Australia
  • ·New Zealand
  • ·South Korea
  • ·Rest of Asia Pacific
  • South America
  • ·Argentina
  • ·Brazil
  • ·Chile
  • ·Rest of South America
  • Middle East & Africa
  • ·Saudi Arabia
  • ·UAE
  • ·Qatar
  • ·South Africa
  • ·Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country level segments
  • Market share analysis of the top industry players
  • Strategic recommendations for the new entrants
  • Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements