Global Cathode Material Market  Forecast From 2019 to 2024
DESCRIPTION As per the latest reports by Knowledge Sourcing Intelligence, The global cathode material market is projected to expand at a CAGR of 5.86% to reach US$17.783 billion in 2024 from US$12.634 billion in 2018. Cathode materials are comprised of cobalt, nickel, and manganese in the crystal structure forming a multi-metal oxide material to which lithium is added. Burgeoning demand for Li-ion batteries across industries such as automotive and electronics are the key driving factor that is boosting the demand for cathode materials. As environmentfriendly policies are being bolstered across the globe, demand for electric vehicles is sharply increasing that requires efficient energy storage systems. Thus, it is providing a big boost to the cathode material’s market growth.
Key Questions Answered By The Report What will be Global Cathode Material Market from 2019 to 2024? How are the major drivers and restraints affecting the Global Cathode Material Market? growth and the opportunities which exist for key vendors? Which segment and region will drive or lead the market growth and why? A comprehensive analysis of competitive landscape and key market participant’s behavior Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under Global Cathode Material Market are : ď śBy Material Type Lithium Cobalt Oxide Lithium Manganese Oxide (LMO) Lithium Nickel Cobalt Manganese Oxide (NCM) Lithium Nickel Cobalt Aluminum Oxide (NCA) Lead Oxide Others
ď śBy End-User Industry Electronics Automotive Others
Geography
North America
USA Canada Mexico South America
Brazil Argentina Others
Geography
Europe
Germany France United Kingdom Spain Others Middle East and Africa
Saudi Arabia Israel Others
Geography
ï‚¡ Asia Pacific
China Japan South Korea India Others
COMPANY PROFILES Umicore BASF SE POSCO Johnson Matthey KUREHA CORPORATION Sumitomo Corporation TODAKOGYO CORP MITSUI MINING & SMELTING CO., LTD. Merck KGaA Lithium Australia NL TIAX LG Chem
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