Global Lithium Titanate (LTO) Industry Research Report, Growth Trends and Competitive Analysis 2022-2028

Global Lithium Titanate (LTO) Industry Research Report, Growth Trends and Competitive Analysis 2022-2028

Market Analysis and Insights: Global Lithium Titanate (LTO) Market

Due to the COVID-19 pandemic, the global Lithium Titanate (LTO) market size was US$ 185.74 million in 2021 and is forecast to a readjusted size of US$ 340.14 million by 2028 with a CAGR of 7.26% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, General Lithium Titanate accounting for 82.96% of the Lithium Titanate (LTO) global market in 2021, is projected to value US$ 278.34 million by 2028, growing at a revised 6.43% CAGR from 2022 to 2028. While Automotive segment is altered to a 7.00% CAGR throughout this forecast period.

The global key manufacturers of Lithium Titanate (LTO) include Toshiba, BTR New Material Group, Microvast, Gree Altairnano New Energy, TianKang Hua Yuan, Topfine New Material, NEI Corporation. In 2021, the global top five players hold a share approximately 76.23% in sales volume, and in term of revenue of Lithium Titanate (LTO), the top five companies hold a share nearly 75.87%.

The United States Lithium Titanate (LTO) market size was US$ 13.83 million in 2021, while China size was US$ 57.66 million. The proportion of the United States was 7.45% in 2021, while China percentage was 31.04%, and it is predicted that China share will reach 35.07% in 2028, trailing a CAGR of 9.09% through the analysis period. As for the Europe Lithium Titanate (LTO) landscape, Germ any is projected to reach US$ 6.04 million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is 6.11% and 7.88%respectively for the next 6-year period.

In terms of production side, this report researches the Lithium Titanate (LTO) capacity, production, growth rate, market share by manufacturers and regional level and country level, from 2017 to 2021, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Lithium Titanate (LTO) by regions (countries), company, by Type and by Application. from 2017 to 2021 and forecast to 2028.

The global Lithium Titanate (LTO) market is thoroughly, accurately, and comprehensively assessed in the report with a large focus on market dynamics, market competition, regional growth, segmental analysis, and key growth strategies. Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Lithium Titanate (LTO) market. These figures have been provided in terms of both revenue and volume for the period 2017-2028. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

By Company

Toshiba

BTR New Material Group

Microvast

Gree Altairnano New Energy

TianKang Hua Yuan

Topfine New Material

NEI Corporation

Segment by Type

General Lithium Titanate

Carbon-coated Lithium Titanate

Segment by Application

Automotive

Energy Storage

Aerospace

Others

Production by Region

North America

Europe

China

Japan

Sales by Region

North America

US

Canada

Mexico

Asia-Pacific

China

Japan

South Korea

India

South Asia

Europe

Europe

Germany

UK

France

Nordic Countries

Italy