Press release
Cathode Active Material Recent Industry Developments and Growth Strategies Adopted by Players 2021 - 2031
According to Fact.MR, Insights of Cathode Active Material is a specialized and in-depth study of the industry with a special focus on the Key Trends of Cathode Active Material is a Service. The report aims to provide an overview with detailed segmentation by type, application, end use and geography. The global is expected to witness high growth during the forecast periodA survey offers detailed analysis on key growth drivers of Cathode Active Material and trends accelerating Cathode Active Material sales globally. The survey also gives detailed analysis on the competitive landscape of Cathode Active Material identifying key players and analyzing the impact of their growth strategies.
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Cathode Active Material Market – Segmentation
The global cathode active material market can be segmented on the basis of cathode active material type and application. Based on cathode active material, the market can be further segmented into Lithium Cobalt Oxide (LCO), Lithium Manganese Oxide (LMO), Lithium Nickel Manganese Cobalt Oxide (NMC), Lithium Iron Phosphate (LFP) and Lithium Nickel Cobalt Aluminum Oxide (NCA).
Except LCO, all other cathode active materials are used in automotive lithium-ion battery. Based on application, the global cathode active materials market can be segmented into electric vehicle, electronics, power tools and energy storage systems. These energy storage systems can be further classified into grid storage, residential purpose systems, telecom towers and other applications.
Electric vehicle industry is anticipated to witness significant growth in the near future owing to stringent government policies along with the various added incentives/ subsides for their large scale adoption. One of the prominent factor driving the growth of the cathode active material is its high demand in electric vehicle battery.
Apart from electric vehicles, the development of hybrid engines for marine and locomotive application is further anticipated to escalate the demand for cathode active material. Moreover, the increasing demand for consumer electronics goods (laptops, smart phone, etc.) is anticipated to positively impact the cathode active materials market. Furthermore, with modernization in utilities sector, as well as development of the smart cities, demand for batteries and thereby cathode active material is projected to witness snow ball effect in near future.
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Cathode Active Material Market – Prominent Players
The prominent players engaged in the production of cathode active materials are as mentioned below:
BASF SE
Targray
NEI Corporation
Nichia
Umicore
Hunan Reshine New Material Co. Ltd.
Pulead Technology Industry Co.
Hunan Shanshan New Material Co. Ltd.
Advanced Lithium Electrochemistry Co. Ltd.
Toda Kogyo
Key Highlights
Sales of Cathode Active Material In 2020
Competitive Analysis of Cathode Active Material
Demand Analysis of Cathode Active Material
Key Trends of Supply Side Analysis of Cathode Active Material
Outlook of Cathode Active Material
Insights of Cathode Active Material
Analysis of Cathode Active Material
Survey of Cathode Active Material
Size of Cathode Active Material
A short viewpoint offered in the report elucidates the macro-economic aspects that influence the growth drivers of which includes global GDP growth rate, various industries growth rate, such as cosmetics, pharmaceuticals, food and others.
This newly published and insightful report compounds sheds light on key dynamics, Key Trends of Cathode Active Material and their impact on the overall value chain from Cathode Active Material to end-users, which are expected to transform the future of the global Cathode Active Material sales.
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