Battery Materials Market Size, Share, Growth, Analysis, Trend, and Forecast Research Report by 2027

 High demand for smart devices is one of the significant factors influencing the market growth.

The Global Battery Materials Market research study published by Emergen Research is an extensive collection of insightful information about the Battery Materials industry. The report covers the Battery Materials Market segmentation along with a detailed outline of the Battery Materials market size with regards to volume and valuation. The report provides comprehensive coverage of the Battery Materials market scenario for the current period and forecast timeline of 2020-2027. The global battery materials market is expected to reach USD 89.75 Billion by 2027, according to a new report by Emergen Research.

The battery materials market is experiencing a rapid growth rate attributable to the growing demand for lead-acid and lithium-ion batteries, among others in applications such as consumer electronics, automotive, and grid storage, among others. The Battery Materials market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.

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By battery type, lead-acid battery, in terms of market size, held the largest market share in 2019. These batteries are used by several end-users owing to the offering of advantages, including better corrosion gassing resistance, overcharging, and self-discharge protection, as well as cost and energy efficiency.

The key companies studied in the report are:

Asahi Kasei Corporation,

Hitachi Chemicals,

Umicore,

POSCO,

Mitsui Mining Chemical Company,

Johnson Matthey,

Kureha Corporation,

Mitsubishi Chemical Holdings,

Toray, and Dow Chemical

On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the RD sector.

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By application, consumer electronics contributed to the largest market share in 2019. Growing demand for laptops, UPS, and smart devices, among other consumer electronics devices that require batteries for operation and or portability, is driving the demand for battery materials.

 Emergen Research has segmented the global battery materials market on the basis of battery type, material type, application, and region:

Battery Type Outlook (Revenue, USD Billion; 2017-2027)

  • Lead-Acid
  • Lithium-Ion
  • Others

Material Type Outlook (Revenue, USD Billion; 2017-2027)

  • Metal Metal Oxides
  • Other Chemical Compounds

Application Outlook (Revenue, USD Billion; 2017-2027)

  • Consumer Electronics
  • Automotive
  • Grid Storage

The Battery Materials research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. The report focuses on the detailed analysis of the technological and product developments undertaken by these companies.

 The report addresses the following key points:

  • Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
  • Extensive competitive landscape mapping with profiles of the key competitors
  • In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
  • Revenue forecast, country scope, application insights, and product insights

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Vaishnavi Rokade

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