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Lithium-ion Battery Material Market Size – By Material Type (Cathode, Anode, Electrolytes, Separators, Binders and Others), By Battery Type (Lithium cobalt oxide (LCO), Lithium iron phosphate (LFP), Lithium Nickel Cobalt Aluminum Oxide (NCA), Lithium Manganese Oxide (LMO), Lithium Titanate, Lithium Nickel Manganese Cobalt (LMC) and Others), By Application (Automotive, Consumer Electronics, Industrial and Energy Storage Systems) & Region – Global Forecasts 2024 - 2034.

  • PUBLISHED ON
  • 2024-11-21
  • NO OF PAGES
  • 265
  • CATEGORY
  • Energy & Power

Market Overview

The Lithium-ion Battery Material market report is predicted to develop at a compound annual growth rate (CAGR) of 23.8% from 2024 to 2034, when global Lithium-ion Battery Material market forecast size is projected to reach USD 315.36 Billion in 2034, based on an average growth pattern. The global Lithium-ion Battery Material market revenue is estimated to reach a value of USD 43.78 Billion in 2024.


SOURCE: We Market Research

The global lithium-ion battery material market is a rapidly growing sector, driven by the increasing demand for lithium-ion batteries across a variety of applications, including electric vehicles (EVs), consumer electronics, energy storage systems (ESS), and industrial uses. As the world transitions toward cleaner energy and electric mobility, the market for lithium-ion battery materials is expected to see significant growth over the coming years.

The global lithium-ion battery material market refers to the industry segment that encompasses the production, supply, and distribution of key raw materials and components used in the manufacturing of lithium-ion batteries. These batteries are widely used across multiple applications, including electric vehicles (EVs), consumer electronics (e.g., smartphones, laptops, wearables), energy storage systems (ESS), and industrial equipment.

Global Lithium-ion Battery Material Market Scope

Report Attributes

Description

Market Size in 2024

USD 43.78 Billion

Market Forecast in 2034

USD 315.36 Billion

CAGR % 2024-2034

23.8%

Base Year

2023

Historic Data

2019-2023

Forecast Period

2024-2034

Report USP

 

Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Segments Covered

By Material Type, By Battery Type, By Application and By Region

Regional Scope

North America, Europe, APAC, South America and Middle East and Africa

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

Market Dynamics & Restraints

 

Global Lithium-ion Battery Material Market Opportunity:


We Market Research: Dashboard

Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into global Lithium-ion Battery Material market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.