Lithium-ion Battery Materials Market Drivers, Key Players, Regions, Application and Forecast to 2019-2025

Adroit Market Research
Lithium-ion Battery Materials
Market Trends
By Anode Materials (Lithium-titanate battery (LTO), Lithium-Iron Phosphate
(LFP) Battery, Lithium-Nickel-Manganese-Cobalt-Oxide (Li[NiMnCo]O2)
Battery, Lithium-Manganese-Oxide (LiMn2O4)) Battery, Lithium Nickel Cobalt
Aluminum Oxide (LiNiCoAlO2) Battery, and Lithium-Cobalt-Oxide (LCO)
Battery), By Cathode Materials (Natural Graphite, Synthetic Graphite, and
Others), By Application (Automotive, Grid Energy Storage, Consumer
Electronics, and Others), By Region and Forecast, 2018-2025
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Lithium-ion Battery Materials Market
• Adroit Market Research published a market research study on “Lithium-ion Battery Materials Market Trends By Anode
Materials (Lithium-titanate battery (LTO), Lithium-Iron Phosphate (LFP) Battery, Lithium-Nickel-Manganese-Cobalt-Oxide
(Li[NiMnCo]O2) Battery, Lithium-Manganese-Oxide (LiMn2O4)) Battery, Lithium Nickel Cobalt Aluminum Oxide
(LiNiCoAlO2) Battery, and Lithium-Cobalt-Oxide (LCO) Battery), By Cathode Materials (Natural Graphite, Synthetic
Graphite, and Others), By Application (Automotive, Grid Energy Storage, Consumer Electronics, and Others), By Region and
Forecast, 2018-2025”.
• The study on the global lithium-ion battery materials market study deals with the qualitative as well as quantitative
aspects. Additionally, the global lithium-ion battery materials market share has been covered for the abovementioned
segments for a historical time period between 2015 and 2017 and an annual forecast period from 2018 and 2025.
• The global lithium-ion battery materials industry is projected to reach USD 26.45 billion by 2025 driven primarily by the
end-user industries such as automotive and consumer electronics. The lithium-ion battery is witnessing the highest growth
amongst all the battery type and is expected to show a similar trend over the estimated period. Lithium-ion battery
chemistry is already competing comprehensively with traditional battery type, such as lead-acid battery type.
Furthermore, currently, lithium-ion battery accounts for 60%-70% of the total battery market and is projected to reach
80% by the end of 2025.
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Adroit Market Research
Lithium-ion Battery Materials Market
• The global lithium-ion battery market stood around 50 GWh a decade ago and is estimated to surpass 250 GWh by the
end of 2025. Falling prices of the lithium-ion cell have made this battery type the primary choice of many automotive
and consumer electronics manufacturers across the globe. Furthermore, high rivalry in this market is expected to lower
the price in terms of cost per kilowatt hour (kWh) which will add in the growth of lithium-ion battery materials market.
• Lithium-ion battery material market that was primarily predominant by consumer electronics segments, such as mobile
phones, portable PC’s, tablets, and power tools is now witnessing a paradigm shift to automotive, such as EV's, HEV’s,
and PEV’s. Automotive segment dominated the application market lithium-ion battery material in 2017 and is estimated
to reach 48% by the end of 2025, growing at the fastest CAGR. Grid energy storage is also expected to witness lucrative
growth over the foreseeable future, particularly in the telecom sector. Consumer electronics is projected to witness
optimistic growth owing to demand portable energy storage devices from economies, such as China, India, and Japan.
• In terms of region, Asia Pacific dominated the global lithium-ion battery material market share in 2017. Asia Pacific
accounted for a market revenue share of 82.8% in the year 2017 and is estimated to be the global leader by the end of
2025. With China dominating the battery production and taking control of intermediary stages in the lithium battery
supply chain, no wonder Asia Pacific dominating the global battery production. At present, China holds nearly 75%
cathode materials, 63% of anode materials, 75% of electrolyte supply and 40% separators share in the global lithium-ion
battery material market.
• Leading lithium-ion battery manufacturers are Samsung SDI, LG Chem, SONY, ATL, Tesla, Sanyo, Lishen, Coslight, BYD,
Maxell, BAK, NEC, and GS Yuasa. Additionally, battery component suppliers play an important role in the global lithiumion battery materials industry.
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Lithium-ion Battery Materials Market
Material Overview, 2015-2025 (USD Million)
• Cathode
• Anode
Application Overview, 2015-2025 (USD Million)
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Automotive
Grid Energy Storage
Consumer Electronics
Others
Vendor Landscape
• Umicore
• Panasonic Corporation
• Asahi Kasei Corporation
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The global lithium-ion battery materials industry is projected to reach USD 26.45 billion by 2025 driven primarily by the end-user industries such as automotive and consumer electronics