The conventional battery cathode material is lithium cobalt oxide LiCoO2, and the ternary precursor material is nickel cobalt manganese hydroxide NixCoyMn(1-x-y)(OH)2. The ternary composite cathode material precursor product is made of nickel salt, cobalt salt and manganese salt as raw materials, and the ratio (x:y:z) of nickel, cobalt and manganese in it can be adjusted according to actual needs. The battery with ternary material as the positive electrode is more safe than the lithium cobalt oxide battery.
This report contains market size and forecasts of Lithium Battery Ternary Composite Cathode Material Precursor in global, including the following market information:
Global Lithium Battery Ternary Composite Cathode Material Precursor Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Lithium Battery Ternary Composite Cathode Material Precursor Market Sales, 2017-2022, 2023-2028, (Tons)
Global top five Lithium Battery Ternary Composite Cathode Material Precursor companies in 2021 (%)
The global Lithium Battery Ternary Composite Cathode Material Precursor market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Conventional Precursor Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Lithium Battery Ternary Composite Cathode Material Precursor include Umicore, TANAKA CHEMICAL CORPORATION, Sumitomo Metal, Nichia Chemical, TODA KOGYO CORP, Qianyun-Tech, Mitsubishi Chemical, L&F and ZTT Solar, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Lithium Battery Ternary Composite Cathode Material Precursor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Lithium Battery Ternary Composite Cathode Material Precursor Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Lithium Battery Ternary Composite Cathode Material Precursor Market Segment Percentages, by Type, 2021 (%)
Conventional Precursor
High Nickel Precursor
Global Lithium Battery Ternary Composite Cathode Material Precursor Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Lithium Battery Ternary Composite Cathode Material Precursor Market Segment Percentages, by Application, 2021 (%)
Consumer Electronic Battery
Automotive Battery
Others
Global Lithium Battery Ternary Composite Cathode Material Precursor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Lithium Battery Ternary Composite Cathode Material Precursor Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Lithium Battery Ternary Composite Cathode Material Precursor revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Lithium Battery Ternary Composite Cathode Material Precursor revenues share in global market, 2021 (%)
Key companies Lithium Battery Ternary Composite Cathode Material Precursor sales in global market, 2017-2022 (Estimated), (Tons)
Key companies Lithium Battery Ternary Composite Cathode Material Precursor sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Umicore
TANAKA CHEMICAL CORPORATION
Sumitomo Metal
Nichia Chemical
TODA KOGYO CORP
Qianyun-Tech
Mitsubishi Chemical
L&F
ZTT Solar
ECOPRO
Xinxiang Tianli Energy
Xiamen Tungsten
CATL
Ningbo Jinhe
GEM
Beijing Easpring Material Technology
Ningbo Ronbay New Energy
Hunan Changyuan
Zhenhua New Material
Sundon
Shanshan
Bamo Tech