Global Nickel Manganese Cobalt (NMC) Market Growth 2025-2031

Global Nickel Manganese Cobalt (NMC) Market Growth 2025-2031

The global Nickel Manganese Cobalt (NMC) market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Lithium nickel manganese cobalt oxides are mixed metal oxides of lithium, nickel, manganese and cobalt with the general formula LiNiₓMnyCo1-x-yO₂. These materials are commonly used in lithium-ion batteries for mobile devices and electric vehicles, acting as the positively charged cathode.

United States market for Nickel Manganese Cobalt (NMC) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Nickel Manganese Cobalt (NMC) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Nickel Manganese Cobalt (NMC) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Nickel Manganese Cobalt (NMC) players cover Umicore, Nichia Corporation, Tanaka Chemical, L&F, 3M, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Nickel Manganese Cobalt (NMC) 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 Nickel Manganese Cobalt (NMC).

This report presents a comprehensive overview, market shares, and growth opportunities of Nickel Manganese Cobalt (NMC) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Nmc111
Nmc532
Nmc442

Segmentation by Application:
Notebook
Tablet PC
Portable Power
Electric Tool
Electric Bicycle

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.
Umicore
Nichia Corporation
Tanaka Chemical
L&F
3M
Toda Kogyo Corp
Basf
Agc Seimi Chemica
Shanshan Advanced Materials
Jinhe New Materials
Cec
Xiamen Tungsten
Tianli
Easpring Material Technology
Kelong Newenergy
Tianjiao Technology
Changyuan Lico
Stl

Key Questions Addressed in this Report

What is the 10-year outlook for the global Nickel Manganese Cobalt (NMC) market?

What factors are driving Nickel Manganese Cobalt (NMC) market growth, globally and by region?

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

How do Nickel Manganese Cobalt (NMC) market opportunities vary by end market size?

How does Nickel Manganese Cobalt (NMC) break out by Type, by Application?

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