Global Battery Raw Material Market Growth 2023-2029

Global Battery Raw Material Market Growth 2023-2029

Battery is made up of raw materials like cobalt, graphite, and lithium. Cobalt: Today, about 40% of cobalt is used to make rechargeable.

LPI (LP Information)' newest research report, the “Battery Raw Material Industry Forecast” looks at past sales and reviews total world Battery Raw Material sales in 2022, providing a comprehensive analysis by region and market sector of projected Battery Raw Material sales for 2023 through 2029. With Battery Raw Material sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Battery Raw Material industry.

This Insight Report provides a comprehensive analysis of the global Battery Raw Material landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Battery Raw Material portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Battery Raw Material market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Battery Raw Material 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 Battery Raw Material.

The global Battery Raw Material market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

North America led the global market owing to stringent environment regulations, which has tightened the emission rules coupled with high battery consumption for consumer electronic devices. The regional market is also driven by government initiatives to promote use of battery-based transportation.

North America was followed by Europe. The market was driven by high consumption of household devices, laptops, etc. Strict regulation standards by the REACH are expected to promote battery for industrial and transportation applications, which in turn is expected to drive regional industry growth in future.

Asia Pacific is expected to witness the highest growth over the forecast period owing to emerging demand for highly energy-efficient equipment such as camera phones, high performance portable devices & gadgets, and digital cameras.

This report presents a comprehensive overview, market shares, and growth opportunities of Battery Raw Material market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Lithium
Magnesium
Lead
Cobalt
Others

Segmentation by application
Laptops
Cars
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.
Valence Technology Inc.
BYD Company Limited
Saft Groupe
Battery Technology Inc.
TCL Hyperpower Batteries Inc.
Danionics A/S
GP Batteries International Limited
E-One Moli Energy Ltd.
Energizer Holdings Inc.
Spectrum Brands Incorporated
Varta Consumer Batteries GmbH & Co.
Samsung SDI Co. Ltd.
Itochu Corporation

Key Questions Addressed in this Report

What is the 10-year outlook for the global Battery Raw Material market?

What factors are driving Battery Raw Material market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Battery Raw Material market opportunities vary by end market size?

How does Battery Raw Material break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.