The global cathode materials market is projected to grow from USD 37.78 billion in 2025 to USD 65.15 billion by 2030, at a CAGR of 11.5% during the forecast period. The cathode materials market is expanding rapidly as these compounds remain essential to the performance and reliability of modern rechargeable batteries. Serving as the positive electrode, cathode materials govern critical battery characteristics such as energy density, voltage output, and cycle life. Key chemistries include lithium nickel manganese cobalt (NMC), lithium iron phosphate (LFP), nickel cobalt aluminum (NCA), lithium cobalt oxide (LCO), and lithium manganese oxide (LMO), each offering distinct balances of cost, stability, and energy capacity. Demand spans major battery types, particularly lithium-ion, which dominates applications in electric vehicles, portable electronics, and stationary energy storage systems. End-use industries such as automotive, consumer electronics, and industrial power continue to grow, requiring ever more advanced chemistries and large-scale production. At the same time, improvements in manufacturing processes, including solid-state synthesis and co-precipitation, are enhancing product consistency and scalability. Rising investments in gigafactories, government incentives for clean energy adoption, and ongoing research into high-nickel and cobalt-free cathodes reinforce market momentum. These combined factors position cathode materials as a cornerstone of the global transition toward electrification and sustainable energy solutions.
“Lead-acid segment is estimated to account for the second-largest share of the market, by battery type, during the forecast period.”
The lead-acid segment is expected to secure the second-largest share of the cathode materials market owing to its enduring role in reliable, cost-effective energy storage across multiple industries. Lead-acid batteries remain the preferred choice for automotive starter-lighting-ignition (SLI) systems, backup power supplies, uninterruptible power systems (UPS), and off-grid renewable installations where high surge currents and dependable performance are critical. Their comparatively low cost, mature recycling infrastructure, and proven safety profile make them attractive for large-scale use, particularly in regions where advanced lithium-ion solutions are still cost-prohibitive. Continuous improvements in lead-acid battery design, including enhanced flooded batteries and absorbent glass mat (AGM) technologies, have increased cycle life and reduced maintenance requirements, strengthening their competitiveness in industrial and commercial applications. Expanding telecommunications networks, data centers, and grid-support projects further sustain demand, while robust recycling practices ensure a secure supply of key raw materials and align with circular economy goals. Together, these factors allow the lead-acid segment to maintain a substantial market presence, driving steady consumption of cathode materials and complementing the rapid growth of lithium-ion technologies in the broader energy storage landscape.
“By end-use, the industrial segment is estimated to account for the second-largest share during the forecast period.”
The industrial segment is anticipated to capture a significant share of the cathode materials market as businesses worldwide seek reliable, high-capacity energy storage for diverse operations. Industrial applications include backup power for manufacturing plants, uninterruptible power supplies for critical infrastructure, grid stabilization, renewable energy storage, mining equipment, and heavy-duty machinery, all of which require batteries with consistent performance and long service life. Cathode materials play a central role by enabling the high energy density, durability, and safety needed for these demanding environments. The rise of renewable energy projects and the need for stable power in remote or off-grid locations further strengthen demand for advanced lithium-ion chemistries such as NMC, LFP, and emerging high-manganese or cobalt-free options. Additionally, industrial automation, expanding data centers, and large-scale telecommunications networks are creating continuous requirements for dependable stationary energy storage. Investments in modern manufacturing processes like co-precipitation and solid-state synthesis enhance material consistency and scalability, supporting these high-volume industrial needs. By providing critical power solutions across sectors ranging from utilities to heavy engineering, the industrial end-use segment drives sustained growth of the cathode materials market and reinforces its importance in global energy infrastructure.
“North America is estimated to account for the second-largest share during the forecast period.”
North America is projected to hold the second-largest share of the cathode materials market, supported by a strong battery manufacturing ecosystem and rapidly growing demand across key industries. Expanding electric vehicle adoption, driven by federal and state incentives as well as stricter emission standards, is a primary factor boosting the need for high-performance lithium-ion batteries and their associated cathode chemistries such as NMC, LFP, and emerging cobalt-free formulations. The region’s well-established consumer electronics sector—covering smartphones, laptops, and connected devices—adds steady demand, while large-scale renewable energy projects and grid storage installations further amplify requirements for durable, high-energy cathodes. Significant investments in gigafactories and recycling infrastructure are strengthening local supply chains, reducing reliance on imports, and ensuring secure access to critical raw materials like lithium and nickel. In parallel, ongoing research and development initiatives in advanced cathode materials, including solid-state and high-nickel technologies, position North America as a center of innovation. This combination of policy support, technological advancement, and diversified end-use applications allows North America to remain a major force in the global cathode materials market, reinforcing its role as the second-largest regional market and a key driver of industry growth.
Profile break-up of primary participants for the report:
• By Company Type: Tier 1 - 65%, Tier 2 - 20%, and Tier 3 - 15%
• By Designation: Directors - 25%, Managers - 30%, and Others - 45%
• By Region: North America - 30%, Asia Pacific - 40%, Europe - 20%, and the Rest of the World – 10%
XTC New Energy Materials (Xiamen) Co., Ltd. (China), Shenzhen Dynanonic Co., Ltd. (China), Hunan Yuneng New Energy Battery Materials Co., Ltd. (China), LANDF CORP. (South Korea), POSCO FUTURE M (South Korea), and BASF (Germany) are some of the major players operating in the cathode materials market. The key players have adopted agreements, joint ventures, partnerships, expansions, acquisitions, investments, memorandum of understanding (MoU), collaborations, and contracts to increase their market share and business revenue.
Research Coverage:
The report defines, segments, and projects the cathode materials market based on material, battery type, end use, and region. It provides detailed information regarding the major factors influencing the market’s growth, such as drivers, restraints, opportunities, and challenges. It strategically profiles cathode material manufacturers, comprehensively analyzing their market shares and core competencies, and tracks and analyzes competitive developments, such as acquisitions, agreements, joint ventures, and expansions.
Reasons to Buy the Report:
The report is expected to help the market leaders/new entrants by providing them with the closest approximations of revenue numbers of the cathode materials market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the market’s competitive landscape, gain insights to improve the position of their businesses, and develop suitable go-to-market strategies. It also enables stakeholders to understand the market’s pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of critical drivers (rapid adoption of EVs, PHEVs, and HEVs boosting need for advanced cathode chemistries, high demand for lithium-ion technology in renewable energy industry, and expanding consumer electronics market sustaining steady demand), restraints (safety and thermal-runaway risks during cathode production, storage, and battery operation), opportunities (breakthroughs in solid-state batteries and novel chemistries such as LMFP, high-manganese, or cobalt-free cathodes and regional supply-chain localization and government incentives encouraging new cathode plants), and challenges (maintaining product consistency while ramping high-volume production, navigating evolving environmental regulations and carbon-footprint requirements, and ensuring long-term supply security for critical raw materials) influencing the growth of the cathode materials market.
• Product Development/Innovation: Detailed insights on upcoming technologies and research & development activities in the cathode materials market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the cathode materials market across varied regions.
• Market Diversification: Exhaustive information about new products, various types, untapped geographies, recent developments, and investments in the cathode materials market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players such as XTC New Energy Materials (Xiamen) Co., Ltd. (China), Shenzhen Dynanonic Co., Ltd. (China), Hunan Yuneng New Energy Battery Materials Co., Ltd. (China), LANDF CORP. (South Korea), POSCO FUTURE M (South Korea), and BASF (Germany).
圖表清單 List of Tables & Figures
TABLE 1 CATHODE MATERIALS MARKET SNAPSHOT: 2025 VS. 2030 42
TABLE 2 LIST OF OEM ANNOUNCEMENTS ON ELECTRIC CARS AS OF JULY 2021 51
TABLE 3 ELECTRIC CAR SALES, BY KEY COUNTRY, 2020–2023 51
TABLE 4 REAL GDP GROWTH (ANNUAL PERCENTAGE CHANGE), BY KEY COUNTRY,
2022–2024 (%) 55
TABLE 5 UNEMPLOYMENT RATE, BY KEY COUNTRY, 2022–2024 (%) 56
TABLE 6 INFLATION RATE AVERAGE CONSUMER PRICES, BY KEY COUNTRY, 2022–2024 (%) 56
TABLE 7 FOREIGN DIRECT INVESTMENT, BY REGION, 2022 VS. 2023 (USD BILLION) 57
TABLE 8 ROLES OF COMPANIES IN CATHODE MATERIALS ECOSYSTEM 59
TABLE 9 CATHODE MATERIALS MARKET: PORTER’S FIVE FORCES ANALYSIS 61
TABLE 10 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY (%) 63
TABLE 11 KEY BUYING CRITERIA, BY END-USE INDUSTRY 64
TABLE 12 AVERAGE SELLING PRICE TREND OF LITHIUM-ION CATHODE MATERIALS,
BY REGION, 2022–2024 (USD/TON) 65
TABLE 13 AVERAGE SELLING PRICE TREND OF LEAD, BY REGION, 2022–2024 (USD/TON) 66
TABLE 14 AVERAGE SELLING PRICE OF LITHIUM-ION CATHODE MATERIALS, BY KEY PLAYER, 2024 (USD/TON) 67
TABLE 15 TARIFF ANALYSIS RELATED TO HS CODE 850650-COMPLIANT PRODUCTS, 2025 68
TABLE 16 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 68
TABLE 17 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 69
TABLE 18 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 69
TABLE 19 CATHODE MATERIALS MARKET: KEY CONFERENCES AND EVENTS, 2025–2026 70
TABLE 20 CATHODE MATERIALS MARKET: LIST OF MAJOR PATENTS, 2014–2024 72
TABLE 21 IMPORT DATA RELATED TO HS CODE 850650, BY KEY COUNTRY,
2021–2024 (USD THOUSAND) 76
TABLE 22 EXPORT DATA RELATED TO HS CODE 850650, BY KEY COUNTRY,
2021–2024 (USD THOUSAND) 77
TABLE 23 CATHODE MATERIALS MARKET, BY MATERIAL, 2021–2024 (USD MILLION) 84
TABLE 24 CATHODE MATERIALS MARKET, BY MATERIAL, 2025–2030 (USD MILLION) 85
TABLE 25 CATHODE MATERIALS MARKET, BY MATERIAL, 2021–2024 (KILOTON) 85
TABLE 26 CATHODE MATERIALS MARKET, BY MATERIAL, 2025–2030 (KILOTON) 86
TABLE 27 LITHIUM-ION CATHODE MATERIALS: CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (USD MILLION) 86
TABLE 28 LITHIUM-ION CATHODE MATERIALS: CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (USD MILLION) 87
TABLE 29 LITHIUM-ION CATHODE MATERIALS: CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (KILOTON) 87
TABLE 30 LITHIUM-ION CATHODE MATERIALS: CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (KILOTON) 87
TABLE 31 LITHIUM IRON PHOSPHATE: CATHODE MATERIALS MARKET, BY REGION,
2021–2024 (USD MILLION) 88
TABLE 32 LITHIUM IRON PHOSPHATE: CATHODE MATERIALS MARKET, BY REGION,
2025–2030 (USD MILLION) 88
TABLE 33 LITHIUM IRON PHOSPHATE: CATHODE MATERIALS MARKET, BY REGION,
2021–2024 (KILOTON) 88
TABLE 34 LITHIUM IRON PHOSPHATE: CATHODE MATERIALS MARKET, BY REGION,
2025–2030 (KILOTON) 89
TABLE 35 LITHIUM COBALT OXIDE: CATHODE MATERIALS MARKET, BY REGION,
2021–2024 (USD MILLION) 89
TABLE 36 LITHIUM COBALT OXIDE: CATHODE MATERIALS MARKET, BY REGION,
2025–2030 (USD MILLION) 90
TABLE 37 LITHIUM COBALT OXIDE: CATHODE MATERIALS MARKET, BY REGION,
2021–2024 (KILOTON) 90
TABLE 38 LITHIUM COBALT OXIDE: CATHODE MATERIALS MARKET, BY REGION,
2025–2030 (KILOTON) 90
TABLE 39 LITHIUM NICKEL MANGANESE COBALT: CATHODE MATERIALS MARKET,
BY REGION, 2021–2024 (USD MILLION) 91
TABLE 40 LITHIUM NICKEL MANGANESE COBALT: CATHODE MATERIALS MARKET,
BY REGION, 2025–2030 (USD MILLION) 91
TABLE 41 LITHIUM NICKEL MANGANESE COBALT: CATHODE MATERIALS MARKET,
BY REGION, 2021–2024 (KILOTON) 91
TABLE 42 LITHIUM NICKEL MANGANESE COBALT: CATHODE MATERIALS MARKET,
BY REGION, 2025–2030 (KILOTON) 92
TABLE 43 LITHIUM NICKEL COBALT ALUMINUM: CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (USD MILLION) 92
TABLE 44 LITHIUM NICKEL COBALT ALUMINUM: CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (USD MILLION) 93
TABLE 45 LITHIUM NICKEL COBALT ALUMINUM: CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (KILOTON) 93
TABLE 46 LITHIUM NICKEL COBALT ALUMINUM: CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (KILOTON) 93
TABLE 47 LITHIUM MANGANESE OXIDE: CATHODE MATERIALS MARKET, BY REGION,
2021–2024 (USD MILLION) 94
TABLE 48 LITHIUM MANGANESE OXIDE: CATHODE MATERIALS MARKET, BY REGION,
2025–2030 (USD MILLION) 94
TABLE 49 LITHIUM MANGANESE OXIDE: CATHODE MATERIALS MARKET, BY REGION,
2021–2024 (KILOTON) 94
TABLE 50 LITHIUM MANGANESE OXIDE: CATHODE MATERIALS MARKET, BY REGION,
2025–2030 (KILOTON) 95
TABLE 51 LEAD DIOXIDE CATHODE MATERIALS: CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (USD MILLION) 95
TABLE 52 LEAD DIOXIDE CATHODE MATERIALS: CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (USD MILLION) 96
TABLE 53 LEAD DIOXIDE CATHODE MATERIALS: CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (KILOTON) 96
TABLE 54 LEAD DIOXIDE CATHODE MATERIALS: CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (KILOTON) 96
TABLE 55 OTHER CATHODE MATERIALS: CATHODE MATERIALS MARKET, BY REGION,
2021–2024 (USD MILLION) 97
TABLE 56 OTHER CATHODE MATERIALS: CATHODE MATERIALS MARKET, BY REGION,
2025–2030 (USD MILLION) 97
TABLE 57 OTHER CATHODE MATERIALS: CATHODE MATERIALS MARKET, BY REGION,
2021–2024 (KILOTON) 97
TABLE 58 OTHER CATHODE MATERIALS: CATHODE MATERIALS MARKET, BY REGION,
2025–2030 (KILOTON) 98
TABLE 59 CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2021–2024 (USD MILLION) 100
TABLE 60 CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2025–2030 (USD MILLION) 101
TABLE 61 CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2021–2024 (KILOTON) 101
TABLE 62 CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2025–2030 (KILOTON) 101
TABLE 63 LITHIUM-ION: CATHODE MATERIALS MARKET, BY REGION,
2021–2024 (USD MILLION) 102
TABLE 64 LITHIUM-ION: CATHODE MATERIALS MARKET, BY REGION,
2025–2030 (USD MILLION) 102
TABLE 65 LITHIUM-ION: CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (KILOTON) 102
TABLE 66 LITHIUM-ION: CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (KILOTON) 102
TABLE 67 LEAD-ACID: CATHODE MATERIALS MARKET, BY REGION,
2021–2024 (USD MILLION) 103
TABLE 68 LEAD-ACID: CATHODE MATERIALS MARKET, BY REGION,
2025–2030 (USD MILLION) 103
TABLE 69 LEAD-ACID: CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (KILOTON) 104
TABLE 70 LEAD-ACID: CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (KILOTON) 104
TABLE 71 OTHER BATTERY TYPES: CATHODE MATERIALS MARKET, BY REGION,
2021–2024 (USD MILLION) 105
TABLE 72 OTHER BATTERY TYPES: CATHODE MATERIALS MARKET, BY REGION,
2025–2030 (USD MILLION) 105
TABLE 73 OTHER BATTERY TYPES: CATHODE MATERIALS MARKET, BY REGION,
2021–2024 (KILOTON) 105
TABLE 74 OTHER BATTERY TYPES: CATHODE MATERIALS MARKET, BY REGION,
2025–2030 (KILOTON) 106
TABLE 75 CATHODE MATERIALS MARKET, BY END USE, 2021–2024 (USD MILLION) 108
TABLE 76 CATHODE MATERIALS MARKET, BY END-USE, 2025–2030 (USD MILLION) 109
TABLE 77 CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (USD MILLION) 112
TABLE 78 CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (USD MILLION) 113
TABLE 79 CATHODE MATERIALS MARKET, BY REGION, 2021–2024 (KILOTON) 113
TABLE 80 CATHODE MATERIALS MARKET, BY REGION, 2025–2030 (KILOTON) 113
TABLE 81 ASIA PACIFIC: CATHODE MATERIALS MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 114
TABLE 82 ASIA PACIFIC: CATHODE MATERIALS MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 115
TABLE 83 ASIA PACIFIC: CATHODE MATERIALS MARKET, BY COUNTRY,
2021–2024 (KILOTON) 115
TABLE 84 ASIA PACIFIC: CATHODE MATERIALS MARKET, BY COUNTRY,
2025–2030 (KILOTON) 115
TABLE 85 ASIA PACIFIC: LITHIUM-ION CATHODE MATERIALS MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 116
TABLE 86 ASIA PACIFIC: LITHIUM-ION CATHODE MATERIALS MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 116
TABLE 87 ASIA PACIFIC: LITHIUM-ION CATHODE MATERIALS MARKET, BY COUNTRY,
2021–2024 (KILOTON) 116
TABLE 88 ASIA PACIFIC: LITHIUM-ION CATHODE MATERIALS MARKET, BY COUNTRY,
2025–2030 (KILOTON) 117
TABLE 89 ASIA PACIFIC: LEAD DIOXIDE CATHODE MATERIALS MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 117
TABLE 90 ASIA PACIFIC: LEAD DIOXIDE CATHODE MATERIALS MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 117
TABLE 91 ASIA PACIFIC: LEAD DIOXIDE CATHODE MATERIALS MARKET, BY COUNTRY,
2021–2024 (KILOTON) 118
TABLE 92 ASIA PACIFIC: LEAD DIOXIDE CATHODE MATERIALS MARKET, BY COUNTRY,
2025–2030 (KILOTON) 118
TABLE 93 ASIA PACIFIC: LITHIUM-ION CATHODE MATERIALS MARKET, BY MATERIAL,
2021–2024 (USD MILLION) 118
TABLE 94 ASIA PACIFIC: LITHIUM-ION CATHODE MATERIALS MARKET, BY MATERIAL,
2025–2030 (USD MILLION) 119
TABLE 95 ASIA PACIFIC: LITHIUM-ION CATHODE MATERIALS MARKET, BY MATERIAL,
2021–2024 (KILOTON) 119
TABLE 96 ASIA PACIFIC: LITHIUM-ION CATHODE MATERIALS MARKET, BY MATERIAL,
2025–2030 (KILOTON) 119
TABLE 97 ASIA PACIFIC: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (USD MILLION) 120
TABLE 98 ASIA PACIFIC: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (USD MILLION) 120
TABLE 99 ASIA PACIFIC: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (KILOTON) 120
TABLE 100 ASIA PACIFIC: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (KILOTON) 120
TABLE 101 CHINA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (USD MILLION) 121
TABLE 102 CHINA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (USD MILLION) 121
TABLE 103 CHINA: CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2021–2024 (KILOTON) 121
TABLE 104 CHINA: CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2025–2030 (KILOTON) 122
TABLE 105 SOUTH KOREA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (USD MILLION) 122
TABLE 106 SOUTH KOREA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (USD MILLION) 122
TABLE 107 SOUTH KOREA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (KILOTON) 123
TABLE 108 SOUTH KOREA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (KILOTON) 123
TABLE 109 JAPAN: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (USD MILLION) 123
TABLE 110 JAPAN: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (USD MILLION) 124
TABLE 111 JAPAN: CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2021–2024 (KILOTON) 124
TABLE 112 JAPAN: CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2025–2030 (KILOTON) 124
TABLE 113 INDIA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (USD MILLION) 125
TABLE 114 INDIA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (USD MILLION) 125
TABLE 115 INDIA: CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2021–2024 (KILOTON) 125
TABLE 116 INDIA: CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2025–2030 (KILOTON) 125
TABLE 117 TAIWAN: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (USD MILLION) 126
TABLE 118 TAIWAN: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (USD MILLION) 126
TABLE 119 TAIWAN: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (KILOTON) 126
TABLE 120 TAIWAN: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (KILOTON) 126
TABLE 121 MALAYSIA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (USD MILLION) 127
TABLE 122 MALAYSIA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (USD MILLION) 127
TABLE 123 MALAYSIA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (KILOTON) 127
TABLE 124 MALAYSIA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (KILOTON) 127
TABLE 125 REST OF ASIA PACIFIC: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (USD MILLION) 128
TABLE 126 REST OF ASIA PACIFIC: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (USD MILLION) 128
TABLE 127 REST OF ASIA PACIFIC: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (KILOTON) 128
TABLE 128 REST OF ASIA PACIFIC: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (KILOTON) 129
TABLE 129 NORTH AMERICA: CATHODE MATERIALS MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 130
TABLE 130 NORTH AMERICA: CATHODE MATERIALS MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 130
TABLE 131 NORTH AMERICA: CATHODE MATERIALS MARKET, BY COUNTRY,
2021–2024 (KILOTON) 130
TABLE 132 NORTH AMERICA: CATHODE MATERIALS MARKET, BY COUNTRY,
2025–2030 (KILOTON) 130
TABLE 133 NORTH AMERICA: LITHIUM-ION CATHODE MATERIALS MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 131
TABLE 134 NORTH AMERICA: LITHIUM-ION CATHODE MATERIALS MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 131
TABLE 135 NORTH AMERICA: LITHIUM-ION CATHODE MATERIALS MARKET, BY COUNTRY, 2021–2024 (KILOTON) 131
TABLE 136 NORTH AMERICA: LITHIUM-ION CATHODE MATERIALS MARKET, BY COUNTRY, 2025–2030 (KILOTON) 131
TABLE 137 NORTH AMERICA: LEAD DIOXIDE CATHODE MATERIALS MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 132
TABLE 138 NORTH AMERICA: LEAD DIOXIDE CATHODE MATERIALS MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 132
TABLE 139 NORTH AMERICA: LEAD DIOXIDE CATHODE MATERIALS MARKET, BY COUNTRY, 2021–2024 (KILOTON) 132
TABLE 140 NORTH AMERICA: LEAD DIOXIDE CATHODE MATERIALS MARKET, BY COUNTRY, 2025–2030 (KILOTON) 132
TABLE 141 NORTH AMERICA: LITHIUM-ION CATHODE MATERIALS MARKET, BY MATERIAL, 2021–2024 (USD MILLION) 133
TABLE 142 NORTH AMERICA: LITHIUM-ION CATHODE MATERIALS MARKET, BY MATERIAL, 2025–2030 (USD MILLION) 133
TABLE 143 NORTH AMERICA: LITHIUM-ION CATHODE MATERIALS MARKET, BY MATERIAL, 2021–2024 (KILOTON) 133
TABLE 144 NORTH AMERICA: LITHIUM-ION CATHODE MATERIALS MARKET, BY MATERIAL, 2025–2030 (KILOTON) 134
TABLE 145 NORTH AMERICA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (USD MILLION) 134
TABLE 146 NORTH AMERICA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (USD MILLION) 134
TABLE 147 NORTH AMERICA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (KILOTON) 134
TABLE 148 NORTH AMERICA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (KILOTON) 135
TABLE 149 US: CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2021–2024 (USD MILLION) 135
TABLE 150 US: CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2025–2030 (USD MILLION) 135
TABLE 151 US: CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2021–2024 (KILOTON) 136
TABLE 152 US: CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2025–2030 (KILOTON) 136
TABLE 153 CANADA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (USD MILLION) 136
TABLE 154 CANADA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (USD MILLION) 137
TABLE 155 CANADA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (KILOTON) 137
TABLE 156 CANADA: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (KILOTON) 137
TABLE 157 MEXICO: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (USD MILLION) 138
TABLE 158 MEXICO: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (USD MILLION) 138
TABLE 159 MEXICO: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (KILOTON) 138
TABLE 160 MEXICO: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (KILOTON) 138
TABLE 161 EUROPE: CATHODE MATERIALS MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 139
TABLE 162 EUROPE: CATHODE MATERIALS MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 140
TABLE 163 EUROPE: CATHODE MATERIALS MARKET, BY COUNTRY, 2021–2024 (KILOTON) 140
TABLE 164 EUROPE: CATHODE MATERIALS MARKET, BY COUNTRY, 2025–2030 (KILOTON) 140
TABLE 165 EUROPE: LITHIUM-ION CATHODE MATERIALS MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 140
TABLE 166 EUROPE: LITHIUM-ION CATHODE MATERIALS MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 141
TABLE 167 EUROPE: LITHIUM-ION CATHODE MATERIALS MARKET, BY COUNTRY,
2021–2024 (KILOTON) 141
TABLE 168 EUROPE: LITHIUM-ION CATHODE MATERIALS MARKET, BY COUNTRY,
2025–2030 (KILOTON) 141
TABLE 169 EUROPE: LEAD DIOXIDE CATHODE MATERIALS MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 142
TABLE 170 EUROPE: LEAD DIOXIDE CATHODE MATERIALS MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 142
TABLE 171 EUROPE: LEAD DIOXIDE CATHODE MATERIALS MARKET, BY COUNTRY,
2021–2024 (KILOTON) 142
TABLE 172 EUROPE: LEAD DIOXIDE CATHODE MATERIALS MARKET, BY COUNTRY,
2025–2030 (KILOTON) 143
TABLE 173 EUROPE: LITHIUM-ION CATHODE MATERIALS MARKET, BY MATERIAL,
2021–2024 (USD MILLION) 143
TABLE 174 EUROPE: LITHIUM-ION CATHODE MATERIALS MARKET, BY MATERIAL,
2025–2030 (USD MILLION) 143
TABLE 175 EUROPE: LITHIUM-ION CATHODE MATERIALS MARKET, BY MATERIAL,
2021–2024 (KILOTON) 144
TABLE 176 EUROPE: LITHIUM-ION CATHODE MATERIALS MARKET, BY MATERIAL,
2025–2030 (KILOTON) 144
TABLE 177 EUROPE: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (USD MILLION) 144
TABLE 178 EUROPE: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (USD MILLION) 144
TABLE 179 EUROPE: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (KILOTON) 145
TABLE 180 EUROPE: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (KILOTON) 145
TABLE 181 GERMANY: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (USD MILLION) 145
TABLE 182 GERMANY: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (USD MILLION) 146
TABLE 183 GERMANY: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (KILOTON) 146
TABLE 184 GERMANY: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (KILOTON) 146
TABLE 185 UK: CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2021–2024 (USD MILLION) 147
TABLE 186 UK: CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2025–2030 (USD MILLION) 147
TABLE 187 UK: CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2021–2024 (KILOTON) 147
TABLE 188 UK: CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2025–2030 (KILOTON) 147
TABLE 189 FRANCE: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (USD MILLION) 148
TABLE 190 FRANCE: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (USD MILLION) 148
TABLE 191 FRANCE: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (KILOTON) 148
TABLE 192 FRANCE: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (KILOTON) 148
TABLE 193 REST OF EUROPE: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (USD MILLION) 149
TABLE 194 REST OF EUROPE: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (USD MILLION) 149
TABLE 195 REST OF EUROPE: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (KILOTON) 149
TABLE 196 REST OF EUROPE: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (KILOTON) 149
TABLE 197 REST OF THE WORLD: CATHODE MATERIALS MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 150
TABLE 198 REST OF THE WORLD: CATHODE MATERIALS MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 150
TABLE 199 REST OF THE WORLD: CATHODE MATERIALS MARKET, BY COUNTRY,
2021–2024 (KILOTON) 150
TABLE 200 REST OF THE WORLD: CATHODE MATERIALS MARKET, BY COUNTRY,
2025–2030 (KILOTON) 151
TABLE 201 REST OF THE WORLD: LITHIUM-ION CATHODE MATERIALS MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 151
TABLE 202 REST OF THE WORLD: LITHIUM-ION CATHODE MATERIALS MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 151
TABLE 203 REST OF THE WORLD: LITHIUM-ION CATHODE MATERIALS MARKET, BY COUNTRY, 2021–2024 (KILOTON) 151
TABLE 204 REST OF THE WORLD: LITHIUM-ION CATHODE MATERIALS MARKET, BY COUNTRY, 2025–2030 (KILOTON) 152
TABLE 205 REST OF THE WORLD: LEAD DIOXIDE CATHODE MATERIALS MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 152
TABLE 206 REST OF THE WORLD: LEAD DIOXIDE CATHODE MATERIALS MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 152
TABLE 207 REST OF THE WORLD: LEAD DIOXIDE CATHODE MATERIALS MARKET, BY COUNTRY, 2021–2024 (KILOTON) 152
TABLE 208 REST OF THE WORLD: LEAD DIOXIDE CATHODE MATERIALS MARKET, BY COUNTRY, 2025–2030 (KILOTON) 153
TABLE 209 REST OF THE WORLD: LITHIUM-ION CATHODE MATERIALS MARKET, BY MATERIAL, 2021–2024 (USD MILLION) 153
TABLE 210 REST OF THE WORLD: LITHIUM-ION CATHODE MATERIALS MARKET, B MATERIAL, 2025–2030 (USD MILLION) 153
TABLE 211 REST OF THE WORLD: LITHIUM-ION CATHODE MATERIALS MARKET, BY MATERIAL, 2021–2024 (KILOTON) 154
TABLE 212 REST OF THE WORLD: LITHIUM-ION CATHODE MATERIALS MARKET, BY MATERIAL, 2025–2030 (KILOTON) 154
TABLE 213 REST OF THE WORLD: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (USD MILLION) 154
TABLE 214 REST OF THE WORLD: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (USD MILLION) 155
TABLE 215 REST OF THE WORLD: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (KILOTON) 155
TABLE 216 REST OF THE WORLD: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (KILOTON) 155
TABLE 217 BRAZIL: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (USD MILLION) 156
TABLE 218 BRAZIL: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (USD MILLION) 156
TABLE 219 BRAZIL: CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2021–2024 (KILOTON) 156
TABLE 220 BRAZIL: CATHODE MATERIALS MARKET, BY BATTERY TYPE, 2025–2030 (KILOTON) 156
TABLE 221 OTHER COUNTRIES: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (USD MILLION) 157
TABLE 222 OTHER COUNTRIES: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (USD MILLION) 157
TABLE 223 OTHER COUNTRIES: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2021–2024 (KILOTON) 157
TABLE 224 OTHER COUNTRIES: CATHODE MATERIALS MARKET, BY BATTERY TYPE,
2025–2030 (KILOTON) 157
TABLE 225 CATHODE MATERIALS MARKET: OVERVIEW OF STRATEGIES ADOPTED
BY KEY PLAYERS, 2020–2025 158
TABLE 226 CATHODE MATERIALS MARKET: DEGREE OF COMPETITION, 2024 161
TABLE 227 CATHODE MATERIALS MARKET: REGION FOOTPRINT 167
TABLE 228 CATHODE MATERIALS MARKET: MATERIAL FOOTPRINT 168
TABLE 229 CATHODE MATERIALS MARKET: BATTERY TYPE FOOTPRINT 169
TABLE 230 CATHODE MATERIALS MARKET: END-USE FOOTPRINT 170
TABLE 231 CATHODE MATERIALS MARKET: DETAILED LIST OF KEY STARTUPS/SMES 172
TABLE 232 CATHODE MATERIALS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 173
TABLE 233 CATHODE MATERIALS MARKET: DEALS, JANUARY 2021–SEPTEMBER 2025 175
TABLE 234 CATHODE MATERIALS MARKET: EXPANSIONS, JANUARY 2021–SEPTEMBER 2025 177
TABLE 235 HUNAN YUNENG NEW ENERGY BATTERY MATERIALS CO., LTD.:
COMPANY OVERVIEW 178
TABLE 236 HUNAN YUNENG NEW ENERGY BATTERY MATERIALS CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 179
TABLE 237 HUNAN YUNENG NEW ENERGY BATTERY MATERIALS CO., LTD.: DEALS 179
TABLE 238 XTC NEW ENERGY MATERIALS (XIAMEN) CO., LTD.: COMPANY OVERVIEW 181
TABLE 239 XTC NEW ENERGY MATERIALS (XIAMEN) CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 182
TABLE 240 XTC NEW ENERGY MATERIALS (XIAMEN) CO., LTD.: 182
TABLE 241 SHENZHEN DYNANONIC CO., LTD.: COMPANY OVERVIEW 184
TABLE 242 SHENZHEN DYNANONIC CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 184
TABLE 243 SHENZHEN DYNANONIC CO., LTD.: DEALS 185
TABLE 244 LANDF CORP.: COMPANY OVERVIEW 186
TABLE 245 LANDF CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 187
TABLE 246 LANDF CORP.: EXPANSIONS 187
TABLE 247 POSCO FUTURE M: COMPANY OVERVIEW 189
TABLE 248 POSCO FUTURE M: PRODUCTS/SOLUTIONS/SERVICES OFFERED 190
TABLE 249 POSCO FUTURE M: DEALS 190
TABLE 250 UMICORE: COMPANY OVERVIEW 192
TABLE 251 UMICORE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 193
TABLE 252 UMICORE: DEALS 194
TABLE 253 UMICORE: EXPANSIONS 194
TABLE 254 EV METALS GROUP: COMPANY OVERVIEW 196
TABLE 255 EV METALS GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 196
TABLE 256 EV METALS GROUP: DEALS 196
TABLE 257 SUMITOMO METAL MINING CO., LTD.: COMPANY OVERVIEW 197
TABLE 258 SUMITOMO METAL MINING CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 198
TABLE 259 SUMITOMO METAL MINING CO., LTD.: DEALS 198
TABLE 260 SUMITOMO METAL MINING CO., LTD.: EXPANSIONS 198
TABLE 261 MITSUI MINING & SMELTING CO., LTD.: COMPANY OVERVIEW 199
TABLE 262 MITSUI MINING & SMELTING CO., LTD.:
PRODUCTS/SOLUTIONS/SERVICES OFFERED 200
TABLE 263 BASF: COMPANY OVERVIEW 202
TABLE 264 BASF: PRODUCTS/SOLUTIONS/SERVICES OFFERED 203
TABLE 265 BASF: DEALS 204
TABLE 266 TODA KOGYO CORP.: COMPANY OVERVIEW 205
TABLE 267 TODA KOGYO CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 206
TABLE 268 TODA KOGYO CORP.: EXPANSIONS 206
TABLE 269 NEI CORPORATION: COMPANY OVERVIEW 207
TABLE 270 NEI CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 207
TABLE 271 NEI CORPORATION: EXPANSIONS 209
TABLE 272 SHANSHAN CO.: COMPANY OVERVIEW 210
TABLE 273 SHANSHAN CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 211
TABLE 274 SHANSHAN CO.: DEALS 211
TABLE 275 GRAVITA INDIA LTD.: COMPANY OVERVIEW 212
TABLE 276 GRAVITA INDIA LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 213
TABLE 277 LG CHEM: COMPANY OVERVIEW 214
TABLE 278 LG CHEM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 215
TABLE 279 LG CHEM: DEALS 216
TABLE 280 LG CHEM: EXPANSIONS 217
TABLE 281 NINGBO RONGBAI NEW ENERGY TECHNOLOGY CO., LTD.: COMPANY OVERVIEW 218
TABLE 282 NINGBO RONGBAI NEW ENERGY TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 219
TABLE 283 BEIJING DANGSHENG MATERIALS TECHNOLOGY CO., LTD.: COMPANY OVERVIEW 220
TABLE 284 BEIJING DANGSHENG MATERIALS TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 221
TABLE 285 HUBEI WANRUN NEW ENERGY TECHNOLOGY CO., LTD.: COMPANY OVERVIEW 222
TABLE 286 HUBEI WANRUN NEW ENERGY TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 223
TABLE 287 HUAYOU COBALT CO., LTD.: COMPANY OVERVIEW 224
TABLE 288 HUAYOU COBALT CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 225
TABLE 289 HUAYOU COBALT CO., LTD.: DEALS 226
TABLE 290 AMERICAN ELEMENTS: COMPANY OVERVIEW 228
TABLE 291 AMERICAN ELEMENTS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 228
TABLE 292 PROTERIAL, LTD.: COMPANY OVERVIEW 233
TABLE 293 PROTERIAL, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 234
TABLE 294 PROTERIAL, LTD.: DEALS 234
TABLE 295 NICHIA CORPORATION: COMPANY OVERVIEW 235
TABLE 296 PEKING UNIVERSITY PIONEER TECHNOLOGY INDUSTRY CO., LTD.:
COMPANY OVERVIEW 236
TABLE 297 ASCEND ELEMENTS, INC.: COMPANY OVERVIEW 236
TABLE 298 ASCEND ELEMENTS, INC.: DEALS 237
TABLE 299 ASCEND ELEMENTS, INC.: EXPANSIONS 237
TABLE 300 TOPSOE: COMPANY OVERVIEW 238
TABLE 301 INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2019–2022 (USD MILLION) 240
TABLE 302 INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2023–2029 (USD MILLION) 240
TABLE 303 LEAD-ACID BATTERY MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION) 241
TABLE 304 LEAD-ACID BATTERY MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION) 241
TABLE 305 LEAD-ACID BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 241
TABLE 306 LEAD-ACID BATTERY MARKET, BY REGION, 2023–2029 (USD MILLION) 241
TABLE 307 LEAD-ACID BATTERY MARKET FOR STATIONARY BATTERY END-USE INDUSTRY, 2019–2022 (USD MILLION) 242
TABLE 308 LEAD-ACID BATTERY MARKET FOR STATIONARY BATTERY END-USE INDUSTRY, 2023–2029 (USD MILLION) 242
TABLE 309 STATIONARY LEAD-ACID BATTERY MARKET, BY REGION,
2019–2022 (USD MILLION) 242
TABLE 310 STATIONARY LEAD-ACID BATTERY MARKET, BY REGION,
2023–2029 (USD MILLION) 242
TABLE 311 MOTIVE LEAD-ACID BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 243
TABLE 312 MOTIVE LEAD-ACID BATTERY MARKET, BY REGION, 2023–2029 (USD MILLION) 243
TABLE 313 LITHIUM-ION BATTERY MARKET, BY END-USE INDUSTRY,
2019–2022 (USD MILLION) 244
TABLE 314 LITHIUM-ION BATTERY MARKET, BY END-USE INDUSTRY,
2023–2029 (USD MILLION) 244
TABLE 315 LITHIUM-ION BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 244
TABLE 316 LITHIUM-ION BATTERY MARKET, BY REGION, 2023–2029 (USD MILLION) 244
TABLE 317 LITHIUM-ION BATTERY MARKET FOR STATIONARY BATTERY END-USE INDUSTRY, 2019–2022 (USD MILLION) 245
TABLE 318 LITHIUM-ION BATTERY MARKET FOR STATIONARY BATTERY END-USE INDUSTRY, 2023–2029 (USD MILLION) 245
TABLE 319 STATIONARY LITHIUM-ION BATTERY MARKET, BY REGION,
2019–2022 (USD MILLION) 245
TABLE 320 STATIONARY LITHIUM-ION BATTERY MARKET, BY REGION,
2023–2029 (USD MILLION) 245
TABLE 321 MOTIVE LITHIUM-ION BATTERY MARKET, BY REGION, 2019–2022 (USD MILLION) 246
TABLE 322 MOTIVE LITHIUM-ION BATTERY MARKET, BY REGION, 2023–2029 (USD MILLION) 246
TABLE 323 OTHER INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY,
2019–2022 (USD MILLION) 246
TABLE 324 OTHER INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY,
2023–2029 (USD MILLION) 247
TABLE 325 OTHER INDUSTRIAL BATTERIES MARKET, BY REGION, 2019–2022 (USD MILLION) 247
TABLE 326 OTHER INDUSTRIAL BATTERIES MARKET, BY REGION, 2023–2029 (USD MILLION) 247
TABLE 327 OTHER INDUSTRIAL BATTERIES MARKET FOR STATIONARY BATTERY END-USE INDUSTRY, 2019–2022 (USD MILLION) 247
TABLE 328 OTHER INDUSTRIAL BATTERIES MARKET FOR STATIONARY BATTERY END-USE INDUSTRY, 2023–2029 (USD MILLION) 248
TABLE 329 OTHER STATIONARY INDUSTRIAL BATTERIES MARKET, BY REGION,
2019–2022 (USD MILLION) 248
TABLE 330 OTHER STATIONARY INDUSTRIAL BATTERIES MARKET, BY REGION,
2023–2029 (USD MILLION) 248
TABLE 331 OTHER MOTIVE INDUSTRIAL BATTERIES MARKET, BY REGION,
2019–2022 (USD MILLION) 249
TABLE 332 OTHER MOTIVE INDUSTRIAL BATTERIES MARKET, BY REGION,
2023–2029 (USD MILLION) 249
FIGURE 1 CATHODE MATERIALS MARKET SEGMENTATION AND REGIONAL SCOPE 29
FIGURE 2 RESEARCH DESIGN 32
FIGURE 3 BOTTOM-UP APPROACH 37
FIGURE 4 TOP-DOWN APPROACH 37
FIGURE 5 METHODOLOGY FOR SUPPLY-SIDE SIZING OF CATHODE MATERIALS MARKET (1/2) 38
FIGURE 6 METHODOLOGY FOR SUPPLY-SIDE SIZING OF CATHODE MATERIALS MARKET (2/2) 38
FIGURE 7 DATA TRIANGULATION 40
FIGURE 8 AUTOMOTIVE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 43
FIGURE 9 LITHIUM-ION SEGMENT TO REGISTER HIGHEST GROWTH
DURING FORECAST PERIOD 44
FIGURE 10 LFP SEGMENT TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD 44
FIGURE 11 ASIA PACIFIC ACCOUNTED FOR LARGEST MARKET SHARE IN 2024 45
FIGURE 12 BREAKTHROUGHS IN SOLID-STATE BATTERIES AND NOVEL CHEMISTRIES TO OFFER LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS 46
FIGURE 13 ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD 46
FIGURE 14 LFP SEGMENT TO WITNESS HIGHEST GROWTH FROM 2025 TO 2030 47
FIGURE 15 LITHIUM-ION SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 47
FIGURE 16 CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 48
FIGURE 17 CATHODE MATERIALS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 50
FIGURE 18 GLOBAL COMBINED SALES OF BATTERY ELECTRIC VEHICLES
AND PLUG-IN HYBRIDS 51
FIGURE 19 CATHODE MATERIALS MARKET: SUPPLY CHAIN ANALYSIS 57
FIGURE 20 CATHODE MATERIALS MARKET: ECOSYSTEM 59
FIGURE 21 CATHODE MATERIALS MARKET: PORTER’S FIVE FORCES ANALYSIS 60
FIGURE 22 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY 63
FIGURE 23 KEY BUYING CRITERIA, BY END-USE INDUSTRY 64
FIGURE 24 AVERAGE SELLING PRICE TREND OF LITHIUM-ION CATHODE MATERIALS,
BY REGION, 2022–2024 (USD/TON) 65
FIGURE 25 AVERAGE SELLING PRICE TREND OF LEAD, BY REGION, 2022–2024 (USD/TON) 66
FIGURE 26 AVERAGE SELLING PRICE OF LITHIUM-ION CATHODE MATERIALS, BY KEY PLAYER, 2024 (USD/TON) 67
FIGURE 27 LIST OF MAJOR PATENTS RELATED TO CATHODE MATERIALS, 2014–2024 71
FIGURE 28 IMPORT DATA RELATED TO HS CODE 850650, BY KEY COUNTRY,
2021–2024 (USD THOUSAND) 76
FIGURE 29 EXPORT DATA RELATED TO HS CODE 850650, BY KEY COUNTRY,
2021–2024 (USD THOUSAND) 77
FIGURE 30 TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS 78
FIGURE 31 CATHODE MATERIALS MARKET: INVESTMENT AND FUNDING SCENARIO,
2020–2024 79
FIGURE 32 NMC SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 84
FIGURE 33 LITHIUM-ION SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 100
FIGURE 34 AUTOMOTIVE SEGMENT TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD 108
FIGURE 35 ASIA PACIFIC TO LEAD CATHODE MATERIALS MARKET DURING FORECAST PERIOD 112
FIGURE 36 ASIA PACIFIC: CATHODE MATERIALS MARKET SNAPSHOT 114
FIGURE 37 NORTH AMERICA: CATHODE MATERIALS MARKET SNAPSHOT 129
FIGURE 38 EUROPE: CATHODE MATERIALS MARKET SNAPSHOT 139
FIGURE 39 CATHODE MATERIALS MARKET: REVENUE ANALYSIS OF KEY PLAYERS,
2020–2024 (USD BILLION) 160
FIGURE 40 CATHODE MATERIALS MARKET SHARE ANALYSIS, 2024 161
FIGURE 41 BRAND/PRODUCT COMPARISON 163
FIGURE 42 CATHODE MATERIALS MARKET: COMPANY EVALUATION MATRIX
(KEY PLAYERS), 2024 165
FIGURE 43 CATHODE MATERIALS MARKET: COMPANY FOOTPRINT 166
FIGURE 44 CATHODE MATERIALS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 172
FIGURE 45 EV/EBITDA OF KEY PLAYERS IN CATHODE MATERIALS MARKET 174
FIGURE 46 ENTERPRISE VALUE OF KEY PLAYERS IN CATHODE MATERIALS MARKET 174
FIGURE 47 YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND FIVE-YEAR STOCK
BETA OF KEY MANUFACTURERS 175
FIGURE 48 HUNAN YUNENG NEW ENERGY BATTERY MATERIALS CO., LTD.:
COMPANY SNAPSHOT 178
FIGURE 49 XTC NEW ENERGY MATERIALS (XIAMEN) CO., LTD.: COMPANY SNAPSHOT 181
FIGURE 50 SHENZHEN DYNANONIC CO., LTD.: COMPANY SNAPSHOT 184
FIGURE 51 LANDF CORP.: COMPANY SNAPSHOT 186
FIGURE 52 POSCO FUTURE M: COMPANY SNAPSHOT 189
FIGURE 53 UMICORE: COMPANY SNAPSHOT 193
FIGURE 54 SUMITOMO METAL MINING CO., LTD.: COMPANY SNAPSHOT 197
FIGURE 55 MITSUI MINING & SMELTING CO., LTD.: COMPANY SNAPSHOT 200
FIGURE 56 BASF: COMPANY SNAPSHOT 203
FIGURE 57 TODA KOGYO CORP.: COMPANY SNAPSHOT 205
FIGURE 58 SHANSHAN CO.: COMPANY SNAPSHOT 210
FIGURE 59 GRAVITA INDIA LTD.: COMPANY SNAPSHOT 213
FIGURE 60 LG CHEM: COMPANY SNAPSHOT 215
FIGURE 61 NINGBO RONGBAI NEW ENERGY TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT 218
FIGURE 62 BEIJING DANGSHENG MATERIALS TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT 220
FIGURE 63 HUBEI WANRUN NEW ENERGY TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT 222
FIGURE 64 HUAYOU COBALT CO., LTD.: COMPANY SNAPSHOT 225
FIGURE 65 PROTERIAL, LTD.: COMPANY SNAPSHOT 233