New York, NY, July 10, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Cathode Materials Market by Battery Type (Lead-Acid, Lithium-Ion, and Others) and by Material (Lithium-Ion, Lead-Acid, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026”. According to the report, the global cathode materials market was approximately USD 16.22 billion in 2018 and is expected to generate around USD 26.24 billion by 2026, at a CAGR of around 6.2% between 2019 and 2026.
Battery components include cathode, anode, and electrolyte. Cathode materials are widely used in lithium-ion batteries. Cathode materials are made up of manganese, nickel, and cobalt. These materials are in the form of crystals that form a multi-metal material combination to which lithium is added. While building positive electrodes for battery cells, cathode materials play a major role in determining the difference in the composition for battery cells. These batteries include various products that serve different users according to their specific requirements, such as high load capacity and/or high energy density. All the commonly used batteries have cathode materials as a major component. Cathode materials have various applications in aerospace, automotive, electronics, and marine industries. As compared to traditional batteries, lithium batteries possess a large flow of discharge, greater energy density, and improved performance.
Browse through 37 Tables & 22 Figures spread over 110 Pages and in-depth TOC on “Global Cathode Materials Market Size, Share 2018: By Type, Material, Industry Growth, Demand, Analysis and Forecast to 2026”.
Request Sample Report of Global Cathode Materials Market @ https://www.zionmarketresearch.com/sample/cathode-materials-market
The global cathode materials market is fragmented based on battery type and material. Based on the battery type, the cathode materials market is divided into lead-acid, lithium-ion, and others. Lead-acid is the dominating segment of the cathode materials market, owing to its increasing use in the automotive industry due to its low cost. In addition, lead-acid batteries have a higher recycling rate, which is further expected to propel this segment’s growth.
Lithium-ion, lead-acid (lead-dioxide), and others (sodium iron phosphate, oxyhydroxide, and graphite cathode) comprise the material segment of the global cathode materials market. The lithium-ion segment is further classified into lithium manganese oxide (LMO), lithium nickel cobalt aluminum oxide (NCA), lithium nickel manganese cobalt oxide (NMC), lithium cobalt oxide (LCO), and lithium iron phosphate (LFP). The lead-dioxide segment is expected to register the highest rate of growth, due to the increasing government investments in the automotive industry. Global governments are promoting electric vehicles usage due to rising pollution levels and depleting natural resources.
Request for PDF Brochure of This Report: https://www.zionmarketresearch.com/requestbrochure/cathode-materials-market
The Asia Pacific region is expected to hold a major market share of the global cathode materials market in the future. The region is an established hub of various end-user industries, such as electronics, automotive, and consumer electronics. The rising cathode materials demand portable consumer electronics, automobiles, and industrial applications across the region and shifting consumer preference from fuel-driven automobiles to battery-operated vehicles are expected to drive the Asia Pacific cathode materials market. Moreover, the government is also supporting this market through new policies and subsidies, which has increased the demand for plug-in hybrid vehicles, electrified vehicles, and battery-operated electric vehicles.
North America is expected to show notable growth in the global cathode materials market over the forecast timeline, owing to the rapidly growing region’s automotive industry. Mexico, one of the growing economies, is showing substantial developments in the regional automotive industry. Technological advancements witnessed in the region are leading to the adoption of the energy storage system, which is expected to further fuel the North American cathode materials market in the upcoming years.
Browse the full “Cathode Materials Market by Battery Type (Lead-Acid, Lithium-Ion, and Others) and by Material (Lithium-Ion, Lead-Acid, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026” Report at https://www.zionmarketresearch.com/report/cathode-materials-market
In Europe, the large-scale installation of solar and wind power systems has been witnessed over the last few years. Technological advancements have accelerated the adoption of renewable energy battery systems. The regional energy requirements are growing more than the supply capability along with the rising pollution levels. A sustainable and affordable renewable energy system is required to cater to the rising fuel demand. These factors are expected to fuel the cathode materials market in the upcoming years across the European region.
The Latin American cathode materials market is expected to show a significant growth rate over the forecast time period, owing to the flourishing Brazilian automotive industry and growing awareness about hazards caused by automobiles. The Middle Eastern and African cathode materials market is expected to show considerable growth in the upcoming years, due to increasing investments in sustainable development projects.
Inquire more about this report before purchase @ https://www.zionmarketresearch.com/inquiry/cathode-materials-market
Some major players of the global cathode materials market are Umicore, 3M, Mitsubishi Chemical, POSCO, Johnson Matthey, Hitachi Chemical, Kureha, Sumitomo, Toda Kogyo, and Mitsui Mining & Smelting.
Request customized copy of report @ https://www.zionmarketresearch.com/custom/4355
This report segments the global cathode materials market as follows:
Global Cathode Materials Market: Battery Type Analysis
- Lead-Acid
- Lithium-Ion
- Others
Global Cathode Materials Market: Material Analysis
- Lithium Ion
- Lithium Iron Phosphate (LFP)
- Lithium Cobalt Oxide (LCO)
- Lithium Nickel Manganese Cobalt Oxide (NMC)
- Lithium Nickel Cobalt Aluminum Oxide (NCA)
- Lithium Manganese Oxide (LMO)
- Lead-Acid
- Lead Dioxide
- Others
Global Cathode Materials Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
Related Reports:
- Hydrogen Storage Market: https://www.zionmarketresearch.com/report/hydrogen-storage-market
- Industrial Absorbents Market: https://www.zionmarketresearch.com/report/industrial-absorbents-market
- Metal Bonding Adhesives Market: https://www.zionmarketresearch.com/report/metal-bonding-adhesives-market
- Water Filters Market: https://www.zionmarketresearch.com/report/water-filters-market
- Instant Adhesives Market: https://www.zionmarketresearch.com/report/instant-adhesives-market
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Follow Us LinkedIn: https://www.linkedin.com/company/zion-market-research
Follow Us Twitter: https://twitter.com/zion_research
Contact Us:
Joel John
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com
Blog: http://zmrblog.com