Novel Battery Materials Market: Introduction

  • Demand for novel battery materials market has been rising at a rapid pace across the globe. Various manufacturing companies and research institutions are investing significantly in technological advancements of these batteries. These investments are made to create batteries with high power density, long lifecycle, low cost, and high performance. Furthermore, these batteries need to be environmentally friendly. Demand for novel battery materials is high at a global level, and their manufacturing is primarily led by countries in Asia such as Japan, China, and South Korea.

Are you a start-up willing to make it big in the business? Grab an exclusive PDF sample of this report

Key Drivers of Novel Battery Materials Market

  • Automobile manufacturers have started focusing on electric vehicles, as several countries and their governments have taken initiatives toward green environment and lower carbon dioxide emission. Rise in usage of electric vehicles and portable electronic devices is anticipated to drive the novel battery materials market during the forecast period.
  • The market in Asia Pacific is projected to expand at a rapid pace during the forecast period owing to the high demand for electric vehicles in the region. High demand for batteries in the automotive sector due to the increase in the use of electric vehicles is boosting the novel battery materials market in Asia Pacific.
  • Increase in government support, presence of a strong manufacturing base, and growth in investments by automotive companies in electric vehicles are propelling the novel battery materials market across the globe

Electric Vehicle Application Segment to Offer Lucrative Opportunities

  • In terms of application, the electric vehicle segment is estimated to hold significant share of the market in terms of revenue during the forecast period. Novel battery can charge electric vehicles in under 15 minutes. Thus, it is ideal for consumers.
  • Battery electric vehicles enable clean transportation without any emission of pollutants. The power source needs to have high power and high energy densities in electric vehicles. The system includes two different batteries with different energy and power characteristics. One of these batteries has high energy density, while the other has high power density.

Asia Pacific Expected to Hold Major Share of Global Novel Battery Materials Market

  • Based on region, the global novel battery materials market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific accounted for the major share of the global novel battery materials market in 2019. The novel battery materials market in the region is expanding significantly due to the growth in electronics and automotive industries, primarily in China and India.
  • Rise in FDI investment in automotive and electronics industries in developing economies of Asia Pacific is a key factor likely to fuel the market in the region during the forecast period
  • The market in Europe and Middle East & Africa is estimated to expand at a significant pace during the forecast period owing to the growth in automotive and electronics industries in these regions

Expanding operations in future? To get the perfect launch ask for a custom report

Key Players in Novel Batteries Materials Market

The global novel battery materials market is fragmented, the leading manufacturers accounting for approximately 20% to 30% share. Prominent players operating in the novel battery materials market include:

  • Umicore
  • Asahi Kasei Corporation
  • Mitsubishi Chemical Holdings
  • POSCO
  • Hitachi Chemical
  • Sumitomo Corporation
  • Mitsui Mining & Smelting Company
  • The DOW Chemical
  • BASF SE

Global Novel Battery Materials Market: Research Scope

Global Novel Battery Materials Market, by Material

  • Cathode
  • Anode
  • Electrolyte
  • Separator

Global Novel Battery Materials Market, by Application

  • Electric Vehicles
  • Automotive
  • Portable Devices
  • Wire Board
  • Industrial
  • Others

Global Novel Battery Materials Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

The report on the global weighbridge market is a compilation of first-hand information, qualitative and quantitative assessment by market analysts, and inputs from market experts and market participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness of each segment. The report also maps the qualitative impact of various factors on various segments of the market across regions.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in 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.

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?

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.

REQUEST CUSTOMIZATION

Novel Battery Materials Market

Pre Book