Get In Touch

Global Cathode Materials Market: Overview

Cathode materials are key elements that determine the differences in composition while building positive electrodes for battery cells. These materials include manganese, nickel, and cobalt in the crystal forming a multi-metal oxide material to which lithium is added. These batteries include products that cater to different users who require high energy density and/or high load capacity. Modern cathode materials for lithium ion batteries are generally prepared in the lithilated state in order to be able to paired with delithiated anodes, such as graphite. Materials that are stable at room temperature and are easy to handle are generally chosen for cathode materials. The requirement for high specific capacity generally restricts choices of compounds to first-row transition metals usually Magnesium, Iron, Cobalt, and Nickel. Environmental and toxicity concerns have precluded the development of most V or Cr-containing materials, although electroactive compounds containing these metals exist. Cathodes can be categories into metal oxides and polyanionic compounds. The cathode materials market is anticipated to expand at a rapid pace during the forecast period owing to the growth of end-user industries.

Global Cathode Materials Market: Key Segments

Based on battery type, the cathode materials market can be segmented into lithium-ion, lead acid, and others. The lead-acid battery segment dominates the market. This can be attributed to the increase in usage of lead-acid batteries in automotive industry. The automotive industry has been expanding at a rapid pace in the last few years. This trend is likely to continue during the forecast period. Sales of automotive, especially passenger cars, have been increasing at a rapid pace due to the expansion of the automotive industry in Asia Pacific. The lead-acid battery segment is anticipated to continue to dominate the market during the forecast period. The segment is likely to expand at a significant pace during the forecast period.

In terms of material type, the cathode materials market can be divided into lithium-ion, lead-acid, and others. Others includes oxyhydroxide, sodium iron phosphate and graphite cathode. The lithium-ion segment can be sub-segmented into lithium iron phosphate, lithium cobalt oxide, lithium nickel cobalt aluminum oxide, lithium manganese oxide, and lithium nickel manganese cobalt oxide. Lead-dioxide is a cathode material which is used in lead acid batteries. Currently, the lead-dioxide segment holds a major share of the market. This trend is anticipated to continue during the forecast period due to rapid increase in year-over-year sales of automobiles.

Global Cathode Materials Market: Regional Analysis

Based on region, the global cathode materials market can be categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is likely to dominate the global cathode materials market during the forecast period owing to the expansion of end-user industries in the region. Automotive and consumer goods industries in the region have been expanding at a significant pace in the last few years. Automotive and consumer goods are major end-user industries of batteries. This trend is estimated to continue during the forecast period due to economic development in countries such as China and India in the region. Rise in disposable income of people in these countries in the last few years has increased the sales of automobiles and consumer goods. This, in turn, is projected to drive the cathode materials market during the forecast period.

Global Cathode Materials Market: Key Players

Key players operating in the global the cathode materials market include Johnson Matthey, Hitachi Chemical, Kureha, Mitsubishi Chemical Holdings, POSCO, Sumitomo, 3M, Toda Kogyo, Mitsui Mining & Smelting, and Umicore. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Cathode Materials Market

Pre Book