Global Li-ion Battery Ternary Precursor Market Growth 2025-2031

The global Li-ion Battery Ternary Precursor market size is predicted to grow from US$ 4370 million in 2025 to US$ 7946 million in 2031; it is expected to grow at a CAGR of 10.5% from 2025 to 2031.

This report studies the Li-ion Battery Ternary Precursor material. 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 2019.

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 66% of the global total in 2019.

LP Information, Inc. (LPI) ' newest research report, the “Li-ion Battery Ternary Precursor Industry Forecast” looks at past sales and reviews total world Li-ion Battery Ternary Precursor sales in 2024, providing a comprehensive analysis by region and market sector of projected Li-ion Battery Ternary Precursor sales for 2025 through 2031. With Li-ion Battery Ternary Precursor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Li-ion Battery Ternary Precursor industry.

This Insight Report provides a comprehensive analysis of the global Li-ion Battery Ternary Precursor 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 Li-ion Battery Ternary Precursor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Li-ion Battery Ternary Precursor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Li-ion Battery Ternary Precursor 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 Li-ion Battery Ternary Precursor.

This report presents a comprehensive overview, market shares, and growth opportunities of Li-ion Battery Ternary Precursor market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
NCM Type
NCA Type

Segmentation by Application:
New Energy Vehicles
3C 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 analysing the company's coverage, product portfolio, its market penetration.
GEM Co., Ltd
Umicore
CNGR Corporation
Brunp Recycling
Tanaka Chemical Corporation
Kelong New Energy
Zhejiang Huayou Cobalt
Fangyuan
Greatpower Technology
Ronbay Technology
Hunan Changyuan Lico
GanfengLithium
Jiana Energy
Jinchuan Group
Zhejiang Power

Key Questions Addressed in this Report

What is the 10-year outlook for the global Li-ion Battery Ternary Precursor market?

What factors are driving Li-ion Battery Ternary Precursor market growth, globally and by region?

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

How do Li-ion Battery Ternary Precursor market opportunities vary by end market size?

How does Li-ion Battery Ternary Precursor break out by Type, by Application?

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