According to a new country report published by Lucintel, the future of the battery material market in the United States looks promising with opportunities in the transportation, industrial, and consumer electronics industries. The battery material market in the United States is primarily driven by growing adoption of electric vehicles, rising demand for portable electronics, and growing need for energy storage devices.
This report studies factors affecting the battery material market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.
Among various growth areas, Lucintel forecasts that cathode will to remain the largest segment and it is expected to witness the highest growth during the forecast period due to growth in lead acid and lithium ion battery considering increase in automotive industry. Within the battery material market in the United States, material used in battery for transportation is expected to remain the largest end use industry. Customer inclination towards electric vehicles and growing preference of NMC (Nickel Manganese Cobalt) and NCA (Nickelk Cobalt Aluminium) based lithium-ion batteries in electric vehicles are expected to drive the market of battery materials in the automotive industry.
Emerging trends, which have a direct impact on the dynamics of the battery materials industry, include development of solid state electrolyte and the emergence of sodium-ion batteries.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the battery material market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Battery Material Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the battery material market in the United States by material type, chemistry type, battery type, and end use industry as follows:
Battery Material Market by Material [Volume (Kilotons) and $M shipment analysis from 2014 to 2025]:
• Cathode
>Lead dioxide
>Lithium manganese oxide
>Lithium cobalt oxide
>Nickel manganese cobalt
>Nickel cobalt aluminum
>Lithium-iron phosphate
• Anode
>Lead
>Natural Graphite
>Synthetic Graphite
>Others
• Electrolyte
• Separator
• Others
Battery Material Market by Chemistry Type [Volume (Kilotons) and $M shipment analysis from 2014 to 2025]:
• Lead-Acid
• Lithium-ion
• Alkaline
• Others
Battery Material Market by End Use Industry [Volume (Kilotons) and $M shipment analysis from 2014 to 2025]:
• Transportation
>Electric Vehicle
o BEV
o HEV
o PHEV
>Internal combustion engine (ICE)
• Industrial
>Energy Storage
>Others
• Consumer Electronics
>Cellphone
>Portable Computers
>Others
• Others
Battery Material Market by Battery Type [Volume (Kilotons) and $M shipment analysis from 2014 to 2025]:
• Primary Battery
• Secondary Battery
This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/battery-material.aspx or write to us at helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com