
The global Lithium-ion Battery Materials market size is predicted to grow from US$ 18640 million in 2025 to US$ 36250 million in 2031; it is expected to grow at a CAGR of 11.7% from 2025 to 2031.
Lithium-ion Battery Materials refer to the essential components that make up a lithium-ion battery, each of which plays a crucial role in the energy storage, conversion, and overall performance of the battery. These materials include the cathode (positive electrode), anode (negative electrode), electrolyte, and separator, each contributing to the battery's charge and discharge capabilities, energy density, cycling stability, and safety.
The market for lithium-ion battery materials has experienced significant growth over the past decade, driven by the increasing demand for electric vehicles (EVs), renewable energy storage, and portable electronics. Lithium-ion batteries, known for their high energy density, long cycle life, and relatively low self-discharge rate, are now a critical component of numerous industries. Key drivers of this market include the shift toward green energy solutions, government incentives for EV adoption, and advancements in battery technology.
The demand for high-performance battery materials such as cathodes, anodes, electrolytes, and separators is intensifying as electric vehicle sales grow rapidly, and renewable energy installations like solar and wind require efficient storage systems. Notably, the expansion of lithium-ion battery production is also prompted by the rise of large-scale battery storage systems that support grid stability and energy decentralization.
One of the prominent trends is the increasing focus on material innovation to reduce costs, improve energy density, and enhance safety. Research into alternative anode materials, like silicon-based compounds, is ongoing, as they promise higher energy capacity compared to traditional graphite anodes. Furthermore, the recycling of lithium-ion batteries is becoming more critical, driven by environmental concerns and the need for sustainable raw material sourcing.
As the market grows, there is a strong emphasis on global supply chain optimization, with countries looking to secure reliable sources of lithium, cobalt, nickel, and other key materials. Geopolitical factors, such as trade policies and the movement toward battery material localization, also play a crucial role in shaping market dynamics.
The “Lithium-ion Battery Materials Industry Forecast” looks at past sales and reviews total world Lithium-ion Battery Materials sales in 2024, providing a comprehensive analysis by region and market sector of projected Lithium-ion Battery Materials sales for 2025 through 2031. With Lithium-ion Battery Materials sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lithium-ion Battery Materials industry.
This Insight Report provides a comprehensive analysis of the global Lithium-ion Battery Materials landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Lithium-ion Battery Materials portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lithium-ion Battery Materials market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lithium-ion Battery Materials and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lithium-ion Battery Materials.
This report presents a comprehensive overview, market shares, and growth opportunities of Lithium-ion Battery Materials market by product type, application, key players and key regions and countries.
Segmentation by Type:
Cathode Material
Anode Materials
Lithium-Ion Battery Separator
Electrolyte
Segmentation by Application:
Automotive
Grid Energy Storage
Consumer Electronics
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Umicore
Targray
LG Chem
BTR New Energy
Shanshan Technology
Showa Denko K.K.
Kureha Battery Materials
Mitsubishi Chemical
Asahi Kasei
Sumitomo Corporation
Toray
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Lithium-ion Battery Materials Market Size (2020-2031)
2.1.2 Lithium-ion Battery Materials Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Lithium-ion Battery Materials by Country/Region (2020, 2024 & 2031)
2.2 Lithium-ion Battery Materials Segment by Type
2.2.1 Cathode Material
2.2.2 Anode Materials
2.2.3 Lithium-Ion Battery Separator
2.2.4 Electrolyte
2.3 Lithium-ion Battery Materials Market Size by Type
2.3.1 Lithium-ion Battery Materials Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Lithium-ion Battery Materials Market Size Market Share by Type (2020-2025)
2.4 Lithium-ion Battery Materials Segment by Application
2.4.1 Automotive
2.4.2 Grid Energy Storage
2.4.3 Consumer Electronics
2.4.4 Others
2.5 Lithium-ion Battery Materials Market Size by Application
2.5.1 Lithium-ion Battery Materials Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Lithium-ion Battery Materials Market Size Market Share by Application (2020-2025)
3 Lithium-ion Battery Materials Market Size by Player
3.1 Lithium-ion Battery Materials Market Size Market Share by Player
3.1.1 Global Lithium-ion Battery Materials Revenue by Player (2020-2025)
3.1.2 Global Lithium-ion Battery Materials Revenue Market Share by Player (2020-2025)
3.2 Global Lithium-ion Battery Materials Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Lithium-ion Battery Materials by Region
4.1 Lithium-ion Battery Materials Market Size by Region (2020-2025)
4.2 Global Lithium-ion Battery Materials Annual Revenue by Country/Region (2020-2025)
4.3 Americas Lithium-ion Battery Materials Market Size Growth (2020-2025)
4.4 APAC Lithium-ion Battery Materials Market Size Growth (2020-2025)
4.5 Europe Lithium-ion Battery Materials Market Size Growth (2020-2025)
4.6 Middle East & Africa Lithium-ion Battery Materials Market Size Growth (2020-2025)
5 Americas
5.1 Americas Lithium-ion Battery Materials Market Size by Country (2020-2025)
5.2 Americas Lithium-ion Battery Materials Market Size by Type (2020-2025)
5.3 Americas Lithium-ion Battery Materials Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Lithium-ion Battery Materials Market Size by Region (2020-2025)
6.2 APAC Lithium-ion Battery Materials Market Size by Type (2020-2025)
6.3 APAC Lithium-ion Battery Materials Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Lithium-ion Battery Materials Market Size by Country (2020-2025)
7.2 Europe Lithium-ion Battery Materials Market Size by Type (2020-2025)
7.3 Europe Lithium-ion Battery Materials Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Lithium-ion Battery Materials by Region (2020-2025)
8.2 Middle East & Africa Lithium-ion Battery Materials Market Size by Type (2020-2025)
8.3 Middle East & Africa Lithium-ion Battery Materials Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Lithium-ion Battery Materials Market Forecast
10.1 Global Lithium-ion Battery Materials Forecast by Region (2026-2031)
10.1.1 Global Lithium-ion Battery Materials Forecast by Region (2026-2031)
10.1.2 Americas Lithium-ion Battery Materials Forecast
10.1.3 APAC Lithium-ion Battery Materials Forecast
10.1.4 Europe Lithium-ion Battery Materials Forecast
10.1.5 Middle East & Africa Lithium-ion Battery Materials Forecast
10.2 Americas Lithium-ion Battery Materials Forecast by Country (2026-2031)
10.2.1 United States Market Lithium-ion Battery Materials Forecast
10.2.2 Canada Market Lithium-ion Battery Materials Forecast
10.2.3 Mexico Market Lithium-ion Battery Materials Forecast
10.2.4 Brazil Market Lithium-ion Battery Materials Forecast
10.3 APAC Lithium-ion Battery Materials Forecast by Region (2026-2031)
10.3.1 China Lithium-ion Battery Materials Market Forecast
10.3.2 Japan Market Lithium-ion Battery Materials Forecast
10.3.3 Korea Market Lithium-ion Battery Materials Forecast
10.3.4 Southeast Asia Market Lithium-ion Battery Materials Forecast
10.3.5 India Market Lithium-ion Battery Materials Forecast
10.3.6 Australia Market Lithium-ion Battery Materials Forecast
10.4 Europe Lithium-ion Battery Materials Forecast by Country (2026-2031)
10.4.1 Germany Market Lithium-ion Battery Materials Forecast
10.4.2 France Market Lithium-ion Battery Materials Forecast
10.4.3 UK Market Lithium-ion Battery Materials Forecast
10.4.4 Italy Market Lithium-ion Battery Materials Forecast
10.4.5 Russia Market Lithium-ion Battery Materials Forecast
10.5 Middle East & Africa Lithium-ion Battery Materials Forecast by Region (2026-2031)
10.5.1 Egypt Market Lithium-ion Battery Materials Forecast
10.5.2 South Africa Market Lithium-ion Battery Materials Forecast
10.5.3 Israel Market Lithium-ion Battery Materials Forecast
10.5.4 Turkey Market Lithium-ion Battery Materials Forecast
10.6 Global Lithium-ion Battery Materials Forecast by Type (2026-2031)
10.7 Global Lithium-ion Battery Materials Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Lithium-ion Battery Materials Forecast
11 Key Players Analysis
11.1 Umicore
11.1.1 Umicore Company Information
11.1.2 Umicore Lithium-ion Battery Materials Product Offered
11.1.3 Umicore Lithium-ion Battery Materials Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Umicore Main Business Overview
11.1.5 Umicore Latest Developments
11.2 Targray
11.2.1 Targray Company Information
11.2.2 Targray Lithium-ion Battery Materials Product Offered
11.2.3 Targray Lithium-ion Battery Materials Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Targray Main Business Overview
11.2.5 Targray Latest Developments
11.3 LG Chem
11.3.1 LG Chem Company Information
11.3.2 LG Chem Lithium-ion Battery Materials Product Offered
11.3.3 LG Chem Lithium-ion Battery Materials Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 LG Chem Main Business Overview
11.3.5 LG Chem Latest Developments
11.4 BTR New Energy
11.4.1 BTR New Energy Company Information
11.4.2 BTR New Energy Lithium-ion Battery Materials Product Offered
11.4.3 BTR New Energy Lithium-ion Battery Materials Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 BTR New Energy Main Business Overview
11.4.5 BTR New Energy Latest Developments
11.5 Shanshan Technology
11.5.1 Shanshan Technology Company Information
11.5.2 Shanshan Technology Lithium-ion Battery Materials Product Offered
11.5.3 Shanshan Technology Lithium-ion Battery Materials Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Shanshan Technology Main Business Overview
11.5.5 Shanshan Technology Latest Developments
11.6 Showa Denko K.K.
11.6.1 Showa Denko K.K. Company Information
11.6.2 Showa Denko K.K. Lithium-ion Battery Materials Product Offered
11.6.3 Showa Denko K.K. Lithium-ion Battery Materials Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Showa Denko K.K. Main Business Overview
11.6.5 Showa Denko K.K. Latest Developments
11.7 Kureha Battery Materials
11.7.1 Kureha Battery Materials Company Information
11.7.2 Kureha Battery Materials Lithium-ion Battery Materials Product Offered
11.7.3 Kureha Battery Materials Lithium-ion Battery Materials Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Kureha Battery Materials Main Business Overview
11.7.5 Kureha Battery Materials Latest Developments
11.8 Mitsubishi Chemical
11.8.1 Mitsubishi Chemical Company Information
11.8.2 Mitsubishi Chemical Lithium-ion Battery Materials Product Offered
11.8.3 Mitsubishi Chemical Lithium-ion Battery Materials Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Mitsubishi Chemical Main Business Overview
11.8.5 Mitsubishi Chemical Latest Developments
11.9 Asahi Kasei
11.9.1 Asahi Kasei Company Information
11.9.2 Asahi Kasei Lithium-ion Battery Materials Product Offered
11.9.3 Asahi Kasei Lithium-ion Battery Materials Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Asahi Kasei Main Business Overview
11.9.5 Asahi Kasei Latest Developments
11.10 Sumitomo Corporation
11.10.1 Sumitomo Corporation Company Information
11.10.2 Sumitomo Corporation Lithium-ion Battery Materials Product Offered
11.10.3 Sumitomo Corporation Lithium-ion Battery Materials Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Sumitomo Corporation Main Business Overview
11.10.5 Sumitomo Corporation Latest Developments
11.11 Toray
11.11.1 Toray Company Information
11.11.2 Toray Lithium-ion Battery Materials Product Offered
11.11.3 Toray Lithium-ion Battery Materials Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 Toray Main Business Overview
11.11.5 Toray Latest Developments
12 Research Findings and Conclusion
*If Applicable.
