Battery Materials Market Revenue, Forecast, Overview and Key Companies Analysis by 2028

The global battery materials market is expected to reach USD 89.75 Billion by 2027, according to a new report by Emergen Research. The battery materials market is experiencing a rapid growth rate attributable to the growing demand for lead-acid and lithium-ion batteries, among others in applications such as consumer electronics, automotive, and grid storage, among others. The demand for lithium-ion batteries has witnessed a spiraling growth, owing to a surge in demand for laptops and smart devices such as smartphones and tablets in recent years. The global increase in the overall shipment units of smartphones is fuelling the sale lithium-ion (Li-ion) battery materials for its rechargeable characteristics.



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Global Battery Materials market revenue growth is primarily driven by a variety of factors and trends, some of which include rising focus by major companies on product/service expansion into new and untapped domestic and international markets, rising investments in strategic agreements and mergers, and rapidly growing competition in the Battery Materials market.

Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Battery Materials market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Battery Materials market revenue growth to a significant extent over the forecast period.

Top key vendors in Battery Materials Market include are:

  • Key participants include Asahi Kasei Corporation, Hitachi Chemicals, Umicore, POSCO, Mitsui Mining & Chemical Company, Johnson Matthey, Kureha Corporation, Mitsubishi Chemical Holdings, Toray, and Dow Chemical, among others.
Emergen Research has segmented the global battery materials market on the basis of battery type, material type, application, and region:

  • Battery Type Outlook (Revenue, USD Billion; 2017-2027)
    • Lead-Acid
    • Lithium-Ion
    • Others
  • Material Type Outlook (Revenue, USD Billion; 2017-2027)
    • Metal & Metal Oxides
    • Other Chemical Compounds
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • Consumer Electronics
    • Automotive
    • Grid Storage
    • Others
Access the Entire Report packed with TOC, Tables and Figures and Outline of Prominent [email protected] https://www.emergenresearch.com/industry-report/battery-materials-market

Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Battery Materials Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.



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