
The worldwide Lithium Ion Battery cathode market is a $7 billion market in 2018 and is expected to reach $58.8 billion by 2024.
This 2019 study has 250 pages, 119 tables and figures. Worldwide markets are poised to achieve continuing growth as the advantages brought by using new materials are used to decrease the cost of producing lithium ion batteries. The customization achieved by reducing the quantity of cobalt proportionally inside the cathode is a significant market growth driver.ÌýÌý
Lithium-ion Batteries at $100/kWh Make EVs Cheaper Than Traditional Gas-Powered Vehicles. As the new cathode technologies are applied to lithium ion batteries, the cost of lithium ion batteries will continue to decrease. Lithium-ion batteries aim to cost $100/kWh, - a cost that makes EVs cheaper than traditional gas-powered vehicles. Companies are targeting between $80/kWh and $100/kWh. Realistically companies will likely approach $100/kWh.Ìý
NMC lithium battery cathode materials are used for electric vehicles.Ìý As the cathode markets develop toward NMC, it is clear the LFP favored by Chinese manufacturers, not suitable for electric vehicles will lose market share. Current NMC ternary lithium-ion batteries from South Korean and Japanese makers typically employ a ratio of 60% nickel to 20% manganese, and 20% cobalt (6:2:2), but as that ratio moves to 8:1:1 in 2018 and beyond, the cathode is a key element to achieving vast cost efficiencies.
On the basis of product, the market is primarily split into:
Worldwide Lithium Ion Battery cathodes have many applications. On the basis on the end-users/application, this report covers:
Key Topics:
2. Lithium Ion Battery Cathode Market Shares and Forecasts
2.1 Lithium Ion Battery Cathode Market Driving ForcesÌý
2.2 Lithium Ion Battery Cathode Market SharesÌý
2.2.1 Sumitomo Monthly Production StructureÌý
2.2.2 UmicoreÌý
2.2.3 Umicore Dedicated to NMC and CobaltÌý
2.2.4 SamsungÌý
2.2.5 PanasonicÌý
2.2.6 Easpring Material Technology Chinese NCM 622 Capacity of 2,800 tons
2.3 Lithium Ion Battery Cathode Market ForecastsÌý
2.3.1 Battery Materials MarketÌý
2.4 Lithium Ion Battery Cathode SegmentsÌý
2.5 Battery Materials Market Worth $11.3 Billion By 2018Ìý
2.6 Electric Vehicle MarketÌý
2.6.1 AutomotiveÌý
2.6.2 CobaltÌý
2.7 Lithium Ion BatteriesÌý
2.7.1 Lithium MarketsÌý
2.7.2 Cathode Active MaterialsÌý
2.7.3 EV Makers and their SuppliersÌý
2.8 Lithium Ion Battery Cathode and Cobalt PricingÌý
2.8.1 Lithium Nickel Manganese Cobalt Oxide Linimncoo2 Powder for Lithium Ion Battery Cathode Materials-Gn-NMCÌý
2.8.2 Linicomno2 (NCM) Powder for High Capacity Li-ion Battery Cathode, (Ni: Co: Mn=1: 1: 1) , Lib-Lncm111Ìý
2.8.3 LiFePO4 Cathode Material CAS 15365-14-7Ìý
2.9 Lithium Ion Battery Cathode Regional Market SegmentsÌý
2.9.1EuropeÌý
2.9.2 China Cathode Market ParticipationÌý
3. Lithium Ion Battery Cathode Product DescriptionÌý
3.1 Lithium Battery NMC CathodesÌý
3.2 Lithium Ion Battery Cathode Market Segment AnalysisÌý
3.2.1 Cost Of Lithium-Ion Battery Cathodes Continues To DecreaseÌý
3.2.2 Cathode Segments, NMC 532, NMC 622, NMC 811, Market Segments
3.2.3 Cathode Market Growth, TonnesÌý
3.2.4 Cathode Market Growth, Tonnes, Worldwide, 2013 - 2017Ìý
3.2.5 NMCÌý
3.2.6 NMC and NCAÌý
3.2.7 LFPÌý
3.2.8 80 Percent Nickel, 10 Percent Cobalt And 10 Percent Manganese NMC 811
3.2.9 Cathode Segments by NMC, NCM, NMA, LFP, Cobalt LCO, and Specialty Cathodes, Market SegmentsÌý
3.2.10 Cathode Unit Analysis in TonnesÌý
3.2.11 Ternary Cathode Materials (NCA/NCM)Ìý
3.3 Category : LiNiMnCo (NMC) BatteriesÌý
3.4 NMC 811 Battery ProductionÌý
3.5 Electric VehiclesÌý
3.5.1 Cars and Light Truck, Trucks and Busses Vehicle and Electric Vehicle Segment Market Forecasts,Ìý
3.5.2 Cars and Light Truck Electric Vehicle Regional Segment Market ForecastsÌý
3.5.3 Cars and Light Truck Electric Vehicle Segment Market Forecasts, Small, Mid-Size, Luxury. And TaaS, Shipments
3.5.4 Trucks and Busses Electric Vehicle Market ForecastsÌý
3.5.5 California Seeks to Ban Gas Burning VehiclesÌý
3.5.6 EV Battery ManufacturingÌý
3.5.7 Electric Vehicle Infrastructure Spending by ManufacturersÌý
3.5.8 ChinaÌý
3.5.9 NIO in ChinaÌý
3.5.10 Transport as a Service (TaaS)Ìý
3.5.11 Charging StationsÌý
3.5.12 Electric Trucks and BussesÌý
4 Lithium Ion Battery Cathode Research and TechnologyÌý
4.1 Available Battery Choices:Ìý
4.2 Lithium Cobalt Oxide(LiCoO2)Ìý
4.3 NMCÌý
4.4 Cathode SegmentsÌý
5 Lithium Ion Battery Cathode Company ProfilesÌý
5.1 3M Sells NMC to UmicoreÌý
5.1.1 3M Strategic Relationship with Amperex Technologies for NMC Li-Ion Cathode MaterialsÌý
5.1.2 3M Offered Three Cathode ProductsÌý
5.1.3 3M NMC Transfer to UmicoreÌý
5.2 Argonne National LabsÌý
5.3 B&MÌý
5.4 BASFÌý
5.4.1 BASF NCM Cathode MaterialsÌý
5.4.2 BASF One Of Two Licensed Suppliers of the U.S. Department of Energy’s (DOE) Argonne National Laboratory-Patented NCM Cathode Materials
5.4.3 BASF and Toda KogyoÌý
5.4.4 BASF - ANL Collaboration on NCM Cathode MaterialsÌý
5.4.5 BASF and General Motors GM NMCÌý
5.5 BYDÌý
5.6 EaspringÌý
5.6.1 Easpring RevenueÌý
5.6.2 Easpring Production CapacityÌý
5.7 FDKÌý
5.8 FujitsuÌý
5.8.1 Fujitsu LaboratoriesÌý
5.9.2 FDK Corporation and Fujitsu LaboratoriesÌý
5.9.3 Fujitsu Low-Cost, Cobalt-Free Lithium Rechargeable BatteriesÌý
5.9.4 Fujitsu Cathode TerminologyÌý
5.9.5 FujitsuÌý
5.9.6 Fujitsu LaboratoriesÌý
5.10 Hitachi ChemicalÌý
5.10.1 Hitachi Lithium Ion BatteryÌý
5.11 JFE Techno-ResearchÌý
5.11.1 JFE Catalyst Evaluation and Development SupportÌý
5.12 JinheÌý
5.13 L&FÌý
5.14 LGÌý
5.14.1 LG Chem Embraces NMC 811 CathodeÌý
5.14.2 LG Chem and 3M Nickel-Manganese-Cobalt-Oxide Cathode Patent License AgreementÌý
5.14.3 LG Chem Supplies NMC-based Li-ion Cells For Plug-In Vehicles, Including Chevy Volt
5.15 Long Power SystemsÌý
5.16 MitsubishiÌý
5.17 NEI CorporationÌý
5.17.1 NEI Cathode & Anode PowdersÌý
5.17.2 NEI Lithium Manganese Oxide (LMO) Powders
5.17.3 NEI Lithium Nickel Cobalt Aluminum Oxide (NCA) PowdersÌý
5.17.4 Lithium Manganese Nickel Oxide (LMNO / Spinel) PowdersÌý
5.17.5 NEI Custom Lithium-ion Battery PowdersÌý
5.18 NichiaÌý
5.19 PanasonicÌý
5.19.1 Panasonic offers Tesla Different ApplicationsÌý
5.19.2 Tesla GigafactoryÌý
5.19.3 Panasonic Nickel Cobalt Aluminum and Nickel Manganese CobaltÌý
5.19.4 Panasonic / Tesla CathodesÌý
5.20 PuleadÌý
5.21 ReshineÌý
5.22 SamsungÌý
5.23 ShanshanÌý
5.23.1 Shanshan Anode MaterialsÌý
5.24 SK innovationÌý
5.25 SMMÌý
5.25.1 SMM Cathode Material of In-Vehicle Lithium Ion BatteriesÌý
5.25.2 Nickel Powder For Multilayer Ceramic CapacitorsÌý
5.25.3 Magnetic Powder for In-Car MotorÌý
5.25.4 Development of High-Functionality Silver-Coated Copper Powder With A Controlled Shape
5.25.5 SMM Flake-like Silver-Coated Copper Powder CharacteristicsÌý
5.25.6 SMM Cobalt:Ìý
5.25.7 SMM Produces Electrolytic CobaltÌý
5.25.8 SMM Increasing Production of NCAÌý
5.25.9 SMM Monthly Production StructureÌý
5.25.10 SMM Increasing Battery Material Production In Response To Growing Demand For Electric VehiclesÌý
5.25.11 SMM Materials BusinessÌý
5.25.12 Sumitomo Metal Mining RevenueÌý
5.25.13 Core Advantages of SMM’s Materials BusinessÌý
5.25.14 Sumitomo Metal Mining Co., Ltd. Sales Volume of Battery MaterialsÌý
5.26 TargrayÌý
5.27 Toda KogyoÌý
5.27.1 Toda Kogyo RevenueÌý
5.27.2 Toda AmericaÌý
5.27.3 BASF and Toda Strengthen Their CollaborationÌý
5.27.4 BASF and Toda Combine Manufacturing Activities in the United States
5.28 UmicoreÌý
5.28.1 BASF, The World’s Largest Chemical Company, Files a Law Suit Against Belgium’s UmicoreÌý
5.28.2 3M NMC PowderÌý
5.28.3 Umicore and One of Its Customers-Japan’s MakitaÌý
5.28.4 Umicore Dedicated to NMC and CobaltÌý
5.28.5 Umicore Record Performance in 2017Ìý
5.28.6 Umicore RevenueÌý
5.28.7 2017 FY Umicore Business Review Energy & Surface Technologies Including CathodesÌý
5.28.8 Umicore Acquires NMC Battery Material Patents from 3MÌý
5.28.9 Umicore Boosts Capacity In Cathode MaterialsÌý
5.29 Selected Lithium Ion Cathode CompaniesÌý
6. The Publisher
6.1 Research Methodology
6.2 Research Process
6.3 Research Study
List of FIgures
Figure 1. Cathode Market Forecasts Dollars and Percent, Worldwide, 2018 - 2024
Figure 2. Lithium Ion Battery Cathode DescriptionÌý
Figure 3. Battery Has Graphite Anode, NMC Cathode, Lithium ElectrolyteÌý
Figure 4. Cathode Materials RatioÌý
Figure 5. Cathode Layered StructureÌý
Figure 6. Cathode Chemistry and Metal ProportionsÌý
Figure 7. Cathode Typically 31% of Cost of Small Lithium Ion BatteryÌý
Figure 8. CobaltÌý
Figure 9. Cathodes Cost per kWh vs. $ per Gallon of Gasoline
Figure 10. Cathode Market Shares, Dollars, Worldwide, 2017
Figure 11. Cathode Market Share Positioning Descriptions, Worldwide, 2017
Figure 12. Lithium Ion Battery Cathode Leading Market ParticipantsÌý
Figure 13. Lithium Ion Battery Cathode Recent EntrantsÌý
Figure 14. Umicore 2017 FY Energy & Surface Technologies Revenue: Including CathodesÌý
Figure 15. Cathode Market Forecasts Dollars and Percent, Worldwide, 2018 - 2024Ìý
Figure 16. Cathode Market Forecasts, Tonnes and Percent, Worldwide, 2018 - 2024Ìý
Figure 17. Lithium Ion Battery Cathode Market Factors
Figure 18. Cathode Segments, Electric Vehicle, Smart Phones, Stationary Storage / Grid, Power Tools, Laptops, Consumer Electronics, Drones / UUVs / UAVs, Market Segments, Dollars, Worldwide, 2018-2024
Figure 19. Cathode Segments, Electric Vehicle, Smart Phones, Stationary Storage / Grid, Power Tools, Laptops, Consumer Electronics, Drones / UUVs / UAVs, Market Segments, Percent, Worldwide, 2018-2024
Figure 20. Cathode Segments, Military, Transportation, Energy Storage, Consumer Electronics, Worldwide, 2017Ìý
Figure 21. Cathode Material 34.7% of BatteryÌý
Figure 22. CobaltÌý
Figure 23. Metric Tons of Cobalt Produced in 2016Ìý
Figure 24. Global Battery Mineral Supply And DemandÌý
Figure 25. EV Makers and their SuppliersÌý
Figure 26. Lithium Ion Battery Cell Manufacturing Cost $/kWhÌý
Figure 27. Lithium Ion Battery Cathode Regional Market Segments, Dollars, 72 Worldwide, 2017Ìý
Figure 28. Chinese Dominate Cathode Market in 2015Ìý
Figure 29. Cathode Production Regional Segments, China Tonnes, 2017Ìý
Figure 30. Material Development of High Density BatteryÌý
Figure 31. Cathode Segments, NMC 532, NMC 622, NMC 811, Market Segments, Dollars, Worldwide, 2017Ìý
Figure 32. Cathode Market Growth, Dollars, Worldwide, 2018 - 2024Ìý
Figure 33. Cathode Market Growth, Percent, Worldwide, 2018 - 2024Ìý
Figure 34. Cathode Market Growth, Tonnes, Worldwide, 2018 - 2024Ìý
Figure 35. Cathode Market Growth, Tonnes, Percent, Worldwide, 2018 - 2024Ìý
Figure 36. Cathode Market Growth, Tonnes, Worldwide, 2013 - 2017Ìý
Figure 37. Cathode Market Growth, Tonnes, Percent, Worldwide, 2013 - 2017Ìý
Figure 38. Cathode Segments by NMC, NCM, NMA, LFP, Cobalt LCO, and Specialty Cathodes, Market Segments, Tons and Percent, Worldwide, 2018-2024Ìý
Figure 39. Output of Major Lithium Battery Cathode Material Manufacturers 2012-2013
Figure 40. Lithium-Ion-Batteries
Figure 41. Electric Vehicle
Figure 42. NMC 811 Battery Production
Figure 43. Cars and Light Truck, Trucks and Busses Vehicle and Electric Vehicle Segment Market Forecasts, Shipments, Percent and Units, Worldwide, 2019 - 2025Ìý
Figure 44. Cars and Light Truck Electric Vehicle Regional Segment Market Forecasts, China, US, Europe, and Rest of World Shipments, Units, Worldwide, 2019 - 2025Ìý
Figure 45. Cars and Light Truck Electric Vehicle Regional Segment Market Forecasts, China, US, Europe, and Rest of World Shipments, Percent Units, Worldwide, 2019 - 2025Ìý
Figure 46. Cars and Light Truck Electric Vehicle Market Forecasts, Units and Percent, Worldwide, 2019 - 2025Ìý
Figure 47. Cars and Light Truck Electric Vehicle Segment Market Forecasts, Small, Mid Size, Luxury. And TaaS, Units, Worldwide, 2019 - 2025Ìý
Figure 48. Cars and Light Truck Electric Vehicle Segment Market Forecasts, Small, Mid-Size, Luxury. And TaaS, Shipments, Dollars and $ per Unit, Worldwide, 2019 - 2025Ìý
Figure 49. Trucks and Busses Electric Vehicle Market Forecasts, Shipments, Units, Worldwide, 2019 - 2025Ìý
Figure 50. Trucks and Busses Electric Vehicle Segment Market Forecasts, Light Duty Trucks, Mid Size Trucks, Large Trucks, Busses, Shipments, Units, Worldwide, 2019 - 2025Ìý
Figure 51. Trucks and Busses Electric Vehicle Segment Market Forecasts, Light Duty Trucks, Mid Size Trucks, Large Trucks, Busses, Shipments, Dollars, Worldwide, 2019 - 2025
Figure 52. Market Shares for Electric BatteriesÌý
Figure 53. Electric Vehicle Segment Market Forecasts, Dollars, Worldwide, 2019 - 2025Ìý
Figure 54. Available Batteries choices:Ìý
Figure 55. Nano Technology for Electrochemical Utilization of Metal OxideÌý
Figure 56. Cathode Improved Electric ConductivityÌý
Figure 57. 3-D Porous Structure for Easy Access to Electrolyte IonsÌý
Figure 58. NMC Cathode Ratio ExamplesÌý
Figure 59. Li-Ion Batteries Cathode, Anode, and Other TechnologiesÌý
Figure 60. Lithium Cathode FunctionsÌý
Figure 61. SMM Cathode MaterialsÌý
Figure 62. Lithium Cobalt Oxide(LiCoO2) Layered StructureÌý
Figure 63. Cathode Segments, NMC 532, NMC 622, NMC 811, Market Segments, Dollars, Worldwide, 2017Ìý
Figure 64. Cathode Segments, Electric Vehicle, Smart Phones, Stationary Storage / Grid, Power Tools, Laptops, Consumer Electronics, Drones / UUVs / UAVs, Market Segments, Percent, Worldwide, 2018-2024
Figure 65. Cathode Segments, Electric Vehicle, Smart Phones, Stationary Storage / Grid, Power Tools, Laptops, Consumer Electronics, Drones / UAVs, Market Segments, Dollars, Worldwide, 2018-2024
Figure 66. Cathode Segments by NMC, NCM . NMA, LFP, Cobalt LCO, Manganese LMO, and Specialty Cathodes, Market Segments, Dollars and Percent, Worldwide, 2018-2024
Figure 67. Applications for Metals Typically Contained in Lithium Ion Battery Cathode
Figure 68. Lithium Cathode Metals MarketsÌý
Figure 69. Cathode Segments by NMC, NCM . NMA, LFP, Cobalt LCO, Manganese LMO, and Specialty Cathodes, Market Segments, Tons and Percent, Worldwide, 2018-2024Ìý
Figure 70. 3M NMC Cathode MaterialsÌý
Figure 71. BASF Battery Materials PositioningÌý
Figure 72. BASF Sales by RegionÌý
Figure 73. Sales by Direct Customer IndustryÌý
Figure 74. BASF Main CompetitorsÌý
Figure 75. BASF Key CapabilitiesÌý
Figure 76. BASF Advanced HEDâ„¢ NCM Cathode Materials For Lithium-Ion Batteries Functions
Figure 77. BASF NCM Cathode MaterialsÌý
Figure 78. BASF - ANL Collaboration on NCM: BASF’s Comprehensive Battery Materials Portfolio
Figure 79. BASF NCM Production Elyria, Ohio
Figure 80. Fujitsu Charge / Discharge Curves Of Cathode MaterialÌý
Figure 81. Comparison of the Energy Densities Of The New Cathode Material Versus Conventional Cathode MaterialsÌý
Figure 82. Fujitsu Crystal Structure Of The Of Low-Cost, Cobalt-Free Lithium Rechargeable BatteriesÌý
Figure 83. Fujitsu Prototype Coin-Shaped Battery Crystal Structure Of The New MaterialÌý
Figure 84. Fujitsu Voltage and Discharge Depth (*2) Of The Prototype Coin Battery
Figure 85. Hitachi Corporate Revenue in Trillions of YenÌý
Figure 86. Hitachi Materials BenchmarkingÌý
Figure 87. Hitachi Advanced Materials RevenueÌý
Figure 88. Hitachi Advanced Materials Revenue ChangeÌý
Figure 89. JFE Techno-Research Cathode FunctionsÌý
Figure 90. JFE Examples of Clients' Catalyst-Related RequestsÌý
Figure 91. Structure of Rechargeable BatteryÌý
Figure 92. LG Chem Cathode MaterialsÌý
Figure 93. Rechargeable Battery ComponentsÌý
Figure 94. 3M Cathode Charge / Discharge ProfilesÌý
Figure 95. NEI Cathode & Anode PowdersÌý
Figure 96. Cathode & Anode TapesÌý
Figure 97. NEI Cathode MaterialsÌý
Figure 98. Nichia LiCoO2Ìý
Figure 99. Nichia Analysis of Active MaterialsÌý
Figure 100. Tesla Lithium-Ion NCA BatteryÌý
Figure 101. Panasonic / Tesla NMC BatteryÌý
Figure 102. Construction of the Tesla Gigafactory Outside Reno, Nevada is shown February 18, 2015.
Figure 103. Pulead Electric CarÌý
Figure 104. Ni-Co-Mn MaterialÌý
Figure 105. SMM Ni-Co-Al MaterialÌý
Figure 106. SMM High-Functionality Nickel PowderÌý
Figure 107. SMM Sm-Fe-N Magnetic PowderÌý
Figure 108. SMM Flake-Like Silver-Coated Copper PowderÌý
Figure 109. SMM Cathode Materials CenterÌý
Figure 110. SMM Net SalesÌý
Figure 111. Number of Electric Vehicles ShippedÌý
Figure 112. SMM Core DivisionsÌý
Figure 113. Targray CathodesÌý
Figure 114. Umicore South Korean and Chinese FacilitiesÌý
Figure 115. Umicore Volume ForecastsÌý
Figure 116. Umicore 2017 FY Business Review: CatalystsÌý
Figure 117. Umicore Leadership Position in NMCÌý
Figure 118. Cut Cathode ProducersÌý
Figure 119. Cathode Makers
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*If Applicable.
