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Battery Additive Market Trends and Forecast
The future of the battery additive market looks promising with opportunities in lead-acid, li-ion, and other battery applications. The global battery additive market is expected to reach an estimated $2.3 billion by 2027 with a CAGR of 9.2% from 2021 to 2027. The major drivers for this market are increasing demand for lithium-ion batteries in electric vehicle and energy storage applications; and increasing usage of additives to increase storage stability, safety, and improve the performance of batteries.
 Battery Additive Market by Type, Application, and Material
Emerging Trends in the Battery Additive Market
Emerging trend which have a direct impact on the dynamics of the industry, include next generation dioxolone additives for high energy lithium-ion batteries and performance carbon additives for high performance batteries.
A total of 107 figures / charts and 68 tables are provided in this 205-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the battery additive market report, please download the report brochure.
Battery Additive Market by Segments
Battery Additive Market by Segment
The study includes a forecast for the global battery additive market by type, application, material, and region as follows:
Battery Additive Market by Type [Volume (Tons) and $M shipment analysis for 2016 – 2027]:
Battery Additive Market by Application [Volume (Tons) and $M shipment analysis for 2016 – 2027]: Battery Additive Market by Material [Volume (Tons) and $M shipment analysis for 2016 – 2027]: Battery Additive Market by Region [Volume (Tons) and $M shipment analysis for 2016 – 2027]:
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • The United Kingdom
    • France
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • The Rest of the World
List of Battery Additive Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies battery additive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the battery additive companies profiled in this report includes.
Battery Additive Market Insight
  • Lucintel forecasts that lead acid will remain the largest application segment during the forecast period due to growing usage of lead-acid batteries in the automotive and industrial sectors.
  • Conductive additives will remain the largest type segment due to the high usage of conductive additives for manufacturing of lead acid and lithium ion batteries for enhancement of conductivity.
  • Asia Pacific will remain the largest region by value and volume over the forecast period due to the increasing demand for portable devices and electric vehicles. Government regulations towards fuel emission and tax benefits and subsidies to promote electric vehicles will drive the demand for the lithium ion battery market.
Features of Battery Additive Market
  • Market Size Estimates: Battery additive market size estimation in terms of value ($B)
  • Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
  • Segmentation Analysis: Market size by type, application, and material.
  • Regional Analysis: Battery additive market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different type, application, material, and regions for the battery additive market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the battery additive market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the battery additive market size?
Answer: The global battery additive market is expected to reach an estimated $2.3 billion by 2027.     
Q2. What is the growth forecast for battery additive market?
Answer: The battery additive market is expected to grow at a CAGR of 9.2% from 2021 to 2027.          
Q3. What are the major drivers influencing the growth of the battery additive market?
Answer: The major drivers for this market are increasing demand for lithium ion batteries in consumer electronics and automotive industries and increasing usage of additives to increase storage stability, safety, and improve the performance of batteries.
Q4. What are the major applications or end use industries for battery additive?
Answer: Lithium-ion and lead acid are the major applications for battery additive.
Q5. What are the emerging trends in battery additive market?
Answer: Emerging trend which have a direct impact on the dynamics of the industry include next generation dioxolone additives for high energy lithium-ion batteries and performance carbon additives for high performance batteries.    
Q6. Who are the key battery additive companies?
Answer: Some of the key battery additive companies are as follows:
  • Cabot Corporation
  • 3M
  • IMERYS
  • Orion Engineered Carbons
  • Hammond Group
  • SGL Carbon
  • Borregaard
  • HOPAX
  • PENOX
  • ALTANA
Q7.Which battery additive product segment will be the largest in future?
Answer: Lucintel forecasts that conductive additives will remain the largest type segment due to the high usage of conductive additives for manufacturing of lead acid and lithium ion batteries for enhancement of conductivity.
Q8: In battery additive market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years 
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1 What are some of the most promising potential, high growth opportunities for the global battery additive market by type (conductive additive, porous additive, and nucleating additive), application (lead acid, li-ion, and others), material (carbon black, graphite, CNT, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?

For any questions related to battery additive market or related to battery additive market share, battery additive market analysis, and battery additive market size, write to Lucintel analysts at
helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
 
2. Global Battery Additive Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2016 to 2027
3.1: Macroeconomic Trends and Forecasts
3.2: Global Battery Additive Market Trends and Forecast
3.3: Global Battery Additive Market by Type
3.3.1: Conductive
3.3.2: Porous
3.3.3: Nucleating and Others
3.4: Global Battery Additive Market by Application
3.4.1: Lithium-ion
3.4.2: Lead Acid
3.4.3: Others
3.5: Global Battery Additive Market by Material
3.5.1: Carbon Black
3.5.2: Graphite
3.5.3: CNT
3.5.4: Others

4. Market Trends and Forecast Analysis by Region
4.1: Global Battery Additive Market by Region
4.2: North American Battery Additive Market
4.2.1: Market by Type: Conductive, Porous, and Nucleating and Others
4.2.2: Market by Application: Lithium-ion, Lead Acid, and Others
4.2.3: United States Battery Additive Market
4.2.4: Canadian Battery Additive Market
4.2.5: Mexican Battery Additive Market
4.3: European Battery Additive Market
4.3.1: Market by Type: Conductive, Porous, and Nucleating and Others
4.3.2: Market by Application: Lithium-ion, Lead Acid, and Others
4.3.3: French Battery Additive Market
4.3.4: United Kingdom Battery Additive Market
4.3.5: German Battery Additive Market
4.3.6: Italian Battery Additive Market
4.4: APAC Battery Additive Market
4.4.1: Market by Type: Conductive, Porous, and Nucleating and Others
4.4.2: Market by Application: Lithium-ion, Lead Acid, and Others
4.4.3: Chinese Battery Additive Market
4.4.4: South Korean Battery Additive Market
4.4.5: Japanese Battery Additive Market
4.4.6: Indian Battery Additive Market
4.5: ROW Battery Additive Market
4.5.1: Market by Type: Conductive, Porous, and Nucleating and Others
4.5.2: Market by Application: Lithium-ion, Lead Acid, and Others

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Battery Additive Market by Type
6.1.2: Growth Opportunities for the Global Battery Additive Market by Application
6.2.3: Growth Opportunities for the Global Battery Additive Market by Material
6.1.4: Growth Opportunities for the Global Battery Additive Market by Region
6.2: Emerging Trends in the Global Battery Additive Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Mergers and Acquisitions
6.3.3: Capacity Expansion

7. Company Profiles of Leading Players
7.1: Cabot Corporation
7.2: 3M
7.3: IMERYS
7.4: Orion Engineered Carbons
7.5: Hammond Group
7.6: SGL Carbon
7.7: Borregaard
7.8: HOPAX
7.9: PENOX
7.10: ALTANA
.

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107 figures / charts and 68 tables are provided in this 205-page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
 
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted in the supply chain of this market to estimate market share, market size, trends, drivers, challenges and forecasts in the market. The major manufacturers of battery additive are Cabot Corporation, 3M, Imerys, Orion Engineered Carbons, SGL Carbon, and ALTANA, among others.

Below is a brief summary of the primary interviews that were conducted by job function for this report.


 
 


Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
 
 

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