Global LiNiMnCoO2 NMC Battery Materials Market Growth 2024-2030
Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2 or NMC) batteries are widely used in various applications due to their balanced performance characteristics, including high energy density, good cycle life, and safety.
The global LiNiMnCoO2 NMC Battery Materials market size is projected to grow from US$ 3524 million in 2024 to US$ 8715 million in 2030; it is expected to grow at a CAGR of 16.3% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “LiNiMnCoO2 NMC Battery Materials Industry Forecast” looks at past sales and reviews total world LiNiMnCoO2 NMC Battery Materials sales in 2023, providing a comprehensive analysis by region and market sector of projected LiNiMnCoO2 NMC Battery Materials sales for 2024 through 2030. With LiNiMnCoO2 NMC Battery Materials sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LiNiMnCoO2 NMC Battery Materials industry.
This Insight Report provides a comprehensive analysis of the global LiNiMnCoO2 NMC 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 analyzes the strategies of leading global companies with a focus on LiNiMnCoO2 NMC Battery Materials portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global LiNiMnCoO2 NMC Battery Materials market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LiNiMnCoO2 NMC 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 LiNiMnCoO2 NMC Battery Materials.
United States market for LiNiMnCoO2 NMC Battery Materials is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for LiNiMnCoO2 NMC Battery Materials is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for LiNiMnCoO2 NMC Battery Materials is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key LiNiMnCoO2 NMC Battery Materials players cover Targray, Tmax, Sumitomo, Nichia, LG Chem, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of LiNiMnCoO2 NMC Battery Materials market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
NMC 811
NMC 532
NMC 622
Others
Segmentation by Application:
Power Battery
Energy Storage Battery
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.
Targray
Tmax
Sumitomo
Nichia
LG Chem
L & F Co
Umicore
BASF
Gelon LIB Group
NOVONIX
Key Questions Addressed in this Report
What is the 10-year outlook for the global LiNiMnCoO2 NMC Battery Materials market?
What factors are driving LiNiMnCoO2 NMC Battery Materials market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do LiNiMnCoO2 NMC Battery Materials market opportunities vary by end market size?
How does LiNiMnCoO2 NMC Battery Materials break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.