Battery positive electrode material manufacturers share

What is the market share of electrolyte & separator materials?

While the three largest players have a market share of around 50 percent for electrolyte and separator materials, the market share of anode manufacturers is still 43 percent. Companies producing cathode materials have smaller market shares. Here, the three largest players account for only 21 percent of the shares.

What is the cathode materials market?

The cathode materials market is driven by the increasing demand for high-performance energy storage solutions across industries. Cathode materials are key elements that determine the differences in composition while building positive electrodes for battery cells.

Why is the lithium ion cathode market hampered?

Additionally, the high demand for lithium -ion cathode technology in renewable energy industries has played a vital role in the upliftment of the market. However, the cathode materials market is hampered due to safety issues related to storage and transportation of batteries.

What is a cathode in a battery?

Cathode materials are one of the crucial components of rechargeable batteries, such as nickel-metal hydride batteries, lithium-ion batteries, and others. The cathode is the positive electrode of a battery and is accountable for storing and releasing energy during the battery's charge and discharge cycles.

Which segment will hold the largest share of the cathode materials market?

Based on material, the lead dioxide segment is expected to hold the largest share of the cathode materials market due to the rapid increase in production of passenger cars, commercial vehicles, and two-wheelers, along with growing demand for industrial energy storage systems.

What's happening in the Middle East & Africa battery cathode market?

The market in the Middle East & Africa is expected to experience considerable growth in the coming years with increasing investments on smart, clean, and sustainable development projects. In Mar 2019, Johnson Matthey, a chemical manufacturer, has announced the building of a new plant to produce its battery cathode products in Konin, Poland.