Global NMC Cathode Powders Market Growth 2024-2030

Global NMC Cathode Powders Market Growth 2024-2030

One of the most successful li-ion cathode formulas developed to date is obtained by combining nickel, manganese, and cobalt. Lithium-Nickel-Manganese-Cobalt-Oxide (LiNiMnCoO2), abbreviated as NMC, has become the go-to cathode powder to develop batteries for power tools, e-bikes and other electric powertrains. It delivers strong overall performance, excellent specific energy, and the lowest self-heating rate of all mainstream cathode powders, which makes it the preferred option for automotive batteries.

The global NMC Cathode Powders market size is projected to grow from US$ 1797 million in 2024 to US$ 4539 million in 2030; it is expected to grow at a CAGR of 16.7% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “NMC Cathode Powders Industry Forecast” looks at past sales and reviews total world NMC Cathode Powders sales in 2023, providing a comprehensive analysis by region and market sector of projected NMC Cathode Powders sales for 2024 through 2030. With NMC Cathode Powders sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world NMC Cathode Powders industry.

This Insight Report provides a comprehensive analysis of the global NMC Cathode Powders 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 NMC Cathode Powders portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global NMC Cathode Powders market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for NMC Cathode Powders 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 NMC Cathode Powders.

United States market for NMC Cathode Powders 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 NMC Cathode Powders 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 NMC Cathode Powders is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key NMC Cathode Powders 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 NMC Cathode Powders 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 NMC Cathode Powders market?

What factors are driving NMC Cathode Powders market growth, globally and by region?

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

How do NMC Cathode Powders market opportunities vary by end market size?

How does NMC Cathode Powders break out by Type, by Application?



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