Global Li-ion Battery Ternary Precursor Market Research Report 2024(Status and Outlook)

Global Li-ion Battery Ternary Precursor Market Research Report 2024(Status and Outlook)

Report Overview

Precursor materials are intermediate products with highly uniform distribution of various elements prepared by solution process can be converted into finished products by chemical reaction and play a decisive role in the performance index of finished products. The cathode material is the key material for lithium ion batteries, and the precursor is an important raw material for the production of lithium ion cathode materials. used for energy storage devices of various new energy vehicles, 3C Electronics, digital cameras, drones, robots, solar energy, wind energy, etc., as well as communication equipment and backup power of such base stations. Li-ion Battery Ternary Precursor are mainly classified into the following types: NMC and NMA type, and NMC type is the most widely used type which takes up about 84% of the total sales in 2021. Li-ion Battery Ternary Precursor have wide range of applications, such as New Energy Vehicles and 3C Electronics. New Energy Vehicles was the most widely used area which took up about 87% of the global total in 2021.

The global Li-ion Battery Ternary Precursor market size is projected to reach US$ 36890.12 Million by 2028, from US$ 10113.01 million in 2021, at a CAGR of 16.74% during 2022-2028.The continuous expansion of the new energy vehicle industryThe continuous expansion of the new energy vehicle industry will drive the continuous growth of the ternary precursor market. The rapid growth of downstream applications has created a huge demand for ternary precursors for upstream key materials. The development of new energy vehicles is highly valued, which has formed a consensus on a global scale. Driven by such a consensus, all aspects of the new energy vehicle industry chain are developing rapidly, and the market scale is expanding.

In addition, the rapid development of the energy storage market and strong demand in consumer electronics market will also drive the rapid development of Li-ion Battery Ternary Precursor Market.

Divided by type, the Li-ion Battery Ternary Precursor market can be mainly divided into NCM Type and NCA Type. From 2017 to 2021, NCM Type has been occupying a significant market share. In 2021, the market share of NCM Type will account for 85.32% of the entire market size, while the corresponding NCA Type will be only 14.86%. During the 2022-2028 forecast period, we estimate that NCA Type will grow at a CAGR of 22.54%, faster than NCM Type's 15.48%.

In terms of application scenarios, Li-ion Battery Ternary Precursor can be mainly used in New Energy Vehicles, 3C Electronics and Others. In 2017-2021, Li-ion Battery Ternary Precursor has been the most widely used field. In 2021, the market share of New Energy Vehicles will account for 86.79%, which is much higher than that for 3C Electronics and Others' 10.70% and 2.50%.

On basis of geography, the Li-ion Battery Ternary Precursor market is segmented into North America, Europe, Asia-Pacific, South America ,Middle East and Africa, etc. In 2017-2021, Asia-Pacific dominates the global Li-ion ion Battery Ternary Precursor market. In 2021, the Li-ion Battery Ternary Precursor in the Asia-Pacific market will account for 85.64% of the entire global market share. At the same time, the size of the Asia-Pacific market will also grow at the fastest rate, maintaining the Asia-Pacific CAGR during the forecast period.

From a global perspective, the Li-ion Battery Ternary Precursor market is still in fierce competition. In 2021, the CR 5 of the entire industry is 61.70%, and the HHI is 9.13%, both higher than the similar indicators in 2020. This shows that the market concentration is in an increasing trend. At present, the market participants are mainly divided into three echelons according to their income levels. The first echelon is CNGR Corporation and GEM Co., Ltd. Other Li-ion Battery Ternary Precursor market players include Umicore, Zhejiang Huayou Cobalt, Brup Recycling, Jiana Energy, Fangyuan, Kelong New Energy, Ronbay Technology, Zhejiang Power, Tanaka Chemical Corporation, Jinchuan Group, Hunan Changyuan Lico, GanfengLithium and Greatpower Technology.

This report provides a deep insight into the global Li-ion Battery Ternary Precursor market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Li-ion Battery Ternary Precursor Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Li-ion Battery Ternary Precursor market in any manner.

Global Li-ion Battery Ternary Precursor Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

CNGR Corporation

GEM Co., Ltd

Umicore

Zhejiang Huayou Cobalt

Brunp Recycling

Jiana Energy

Fangyuan

Kelong New Energy

Ronbay Technology

Zhejiang Power

Tanaka Chemical Corporation

Jinchuan Group

Hunan Changyuan Lico

GanfengLithium

Greatpower Technology

Others

Market Segmentation (by Type)

NCM Type

NCA Type

Market Segmentation (by Application)

New Energy Vehicles

3C Electronics

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Li-ion Battery Ternary Precursor Market

Overview of the regional outlook of the Li-ion Battery Ternary Precursor Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

6-month post-sales analyst support

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Li-ion Battery Ternary Precursor Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.