The global market for NCA Cathode was estimated to be worth US$ 4133 million in 2024 and is forecast to a readjusted size of US$ 9196 million by 2031 with a CAGR of 12.1% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on NCA Cathode cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
NCA Cathode is a highly thermally stable cathode material used lithium-ion batteries. Doping the lithium nickel cobalt oxide with aluminum both stabilizes its thermal and charge transfer resistance. It is mainly used in electric automobiles.
The NCA (Nickel Cobalt Aluminum) cathode market has experienced significant growth in recent years due to the increasing demand for high-performance lithium-ion batteries. These batteries are commonly used in electric vehicles (EVs), energy storage systems, and consumer electronics. NCA cathodes, which are considered a crucial component in lithium-ion batteries, are known for their high energy density, long cycle life, and thermal stability. The global NCA cathode market is expected to continue expanding, driven by technological advancements in battery chemistry, the rise of renewable energy applications, and the growing demand for electric vehicles. According to data from the U.S. Department of Energy, the market for electric vehicles is projected to reach 30% of global vehicle sales by 2030, further boosting demand for high-quality cathodes like NCA. The NCA cathode market's growth is further supported by the rising demand for high-energy batteries in energy storage systems. Energy storage has become increasingly critical in maintaining grid stability and supporting the integration of renewable energy sources like solar and wind power. The adoption of NCA cathodes in energy storage systems is enhancing battery performance, helping to meet the growing need for grid-scale energy solutions. A related keyword, "Energy Storage Market," refers to the broader sector where NCA cathodes are used extensively. The global energy storage market is projected to grow from $6.45 billion in 2020 to $16.69 billion by 2026, driven by rising renewable energy deployment and increased investments in grid modeization (source: Energy Storage Market). This expansion directly benefits the NCA cathode market as the need for efficient and durable batteries continues to rise.
This report aims to provide a comprehensive presentation of the global market for NCA Cathode, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of NCA Cathode by region & country, by Type, and by Application.
The NCA Cathode market size, estimations, and forecasts are provided in terms of sales volume (K Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding NCA Cathode.
Market Segmentation
By Company
- Sumitomo
- EcoPro
- Umicore
- BASF TODA Battery Materials
- Nihon Kagaku Sangyo
- Ronbay New Energy Technology
- Ningbo Shanshan
- L&F
- Changyuan Lico
- GEM
- Future M
Segment by Type
- Conventional NCA Cathode
- High Pressure Solid NCA Cathode
Segment by Application
- Electric Vehicles
- Electric Tools
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of NCA Cathode manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of NCA Cathode in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of NCA Cathode in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 NCA Cathode Product Introduction
- 1.2 Global NCA Cathode Market Size Forecast
- 1.2.1 Global NCA Cathode Sales Value (2020-2031)
- 1.2.2 Global NCA Cathode Sales Volume (2020-2031)
- 1.2.3 Global NCA Cathode Sales Price (2020-2031)
- 1.3 NCA Cathode Market Trends & Drivers
- 1.3.1 NCA Cathode Industry Trends
- 1.3.2 NCA Cathode Market Drivers & Opportunity
- 1.3.3 NCA Cathode Market Challenges
- 1.3.4 NCA Cathode Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global NCA Cathode Players Revenue Ranking (2024)
- 2.2 Global NCA Cathode Revenue by Company (2020-2025)
- 2.3 Global NCA Cathode Players Sales Volume Ranking (2024)
- 2.4 Global NCA Cathode Sales Volume by Company Players (2020-2025)
- 2.5 Global NCA Cathode Average Price by Company (2020-2025)
- 2.6 Key Manufacturers NCA Cathode Manufacturing Base and Headquarters
- 2.7 Key Manufacturers NCA Cathode Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of NCA Cathode
- 2.9 NCA Cathode Market Competitive Analysis
- 2.9.1 NCA Cathode Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by NCA Cathode Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in NCA Cathode as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Conventional NCA Cathode
- 3.1.2 High Pressure Solid NCA Cathode
- 3.2 Global NCA Cathode Sales Value by Type
- 3.2.1 Global NCA Cathode Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global NCA Cathode Sales Value, by Type (2020-2031)
- 3.2.3 Global NCA Cathode Sales Value, by Type (%) (2020-2031)
- 3.3 Global NCA Cathode Sales Volume by Type
- 3.3.1 Global NCA Cathode Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global NCA Cathode Sales Volume, by Type (2020-2031)
- 3.3.3 Global NCA Cathode Sales Volume, by Type (%) (2020-2031)
- 3.4 Global NCA Cathode Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Electric Vehicles
- 4.1.2 Electric Tools
- 4.1.3 Others
- 4.2 Global NCA Cathode Sales Value by Application
- 4.2.1 Global NCA Cathode Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global NCA Cathode Sales Value, by Application (2020-2031)
- 4.2.3 Global NCA Cathode Sales Value, by Application (%) (2020-2031)
- 4.3 Global NCA Cathode Sales Volume by Application
- 4.3.1 Global NCA Cathode Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global NCA Cathode Sales Volume, by Application (2020-2031)
- 4.3.3 Global NCA Cathode Sales Volume, by Application (%) (2020-2031)
- 4.4 Global NCA Cathode Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global NCA Cathode Sales Value by Region
- 5.1.1 Global NCA Cathode Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global NCA Cathode Sales Value by Region (2020-2025)
- 5.1.3 Global NCA Cathode Sales Value by Region (2026-2031)
- 5.1.4 Global NCA Cathode Sales Value by Region (%), (2020-2031)
- 5.2 Global NCA Cathode Sales Volume by Region
- 5.2.1 Global NCA Cathode Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global NCA Cathode Sales Volume by Region (2020-2025)
- 5.2.3 Global NCA Cathode Sales Volume by Region (2026-2031)
- 5.2.4 Global NCA Cathode Sales Volume by Region (%), (2020-2031)
- 5.3 Global NCA Cathode Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America NCA Cathode Sales Value, 2020-2031
- 5.4.2 North America NCA Cathode Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe NCA Cathode Sales Value, 2020-2031
- 5.5.2 Europe NCA Cathode Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific NCA Cathode Sales Value, 2020-2031
- 5.6.2 Asia Pacific NCA Cathode Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America NCA Cathode Sales Value, 2020-2031
- 5.7.2 South America NCA Cathode Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa NCA Cathode Sales Value, 2020-2031
- 5.8.2 Middle East & Africa NCA Cathode Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions NCA Cathode Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions NCA Cathode Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions NCA Cathode Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions NCA Cathode Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States NCA Cathode Sales Value, 2020-2031
- 6.3.2 United States NCA Cathode Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States NCA Cathode Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe NCA Cathode Sales Value, 2020-2031
- 6.4.2 Europe NCA Cathode Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe NCA Cathode Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China NCA Cathode Sales Value, 2020-2031
- 6.5.2 China NCA Cathode Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China NCA Cathode Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan NCA Cathode Sales Value, 2020-2031
- 6.6.2 Japan NCA Cathode Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan NCA Cathode Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea NCA Cathode Sales Value, 2020-2031
- 6.7.2 South Korea NCA Cathode Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea NCA Cathode Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia NCA Cathode Sales Value, 2020-2031
- 6.8.2 Southeast Asia NCA Cathode Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia NCA Cathode Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India NCA Cathode Sales Value, 2020-2031
- 6.9.2 India NCA Cathode Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India NCA Cathode Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Sumitomo
- 7.1.1 Sumitomo Company Information
- 7.1.2 Sumitomo Introduction and Business Overview
- 7.1.3 Sumitomo NCA Cathode Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Sumitomo NCA Cathode Product Offerings
- 7.1.5 Sumitomo Recent Development
- 7.2 EcoPro
- 7.2.1 EcoPro Company Information
- 7.2.2 EcoPro Introduction and Business Overview
- 7.2.3 EcoPro NCA Cathode Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 EcoPro NCA Cathode Product Offerings
- 7.2.5 EcoPro Recent Development
- 7.3 Umicore
- 7.3.1 Umicore Company Information
- 7.3.2 Umicore Introduction and Business Overview
- 7.3.3 Umicore NCA Cathode Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Umicore NCA Cathode Product Offerings
- 7.3.5 Umicore Recent Development
- 7.4 BASF TODA Battery Materials
- 7.4.1 BASF TODA Battery Materials Company Information
- 7.4.2 BASF TODA Battery Materials Introduction and Business Overview
- 7.4.3 BASF TODA Battery Materials NCA Cathode Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 BASF TODA Battery Materials NCA Cathode Product Offerings
- 7.4.5 BASF TODA Battery Materials Recent Development
- 7.5 Nihon Kagaku Sangyo
- 7.5.1 Nihon Kagaku Sangyo Company Information
- 7.5.2 Nihon Kagaku Sangyo Introduction and Business Overview
- 7.5.3 Nihon Kagaku Sangyo NCA Cathode Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Nihon Kagaku Sangyo NCA Cathode Product Offerings
- 7.5.5 Nihon Kagaku Sangyo Recent Development
- 7.6 Ronbay New Energy Technology
- 7.6.1 Ronbay New Energy Technology Company Information
- 7.6.2 Ronbay New Energy Technology Introduction and Business Overview
- 7.6.3 Ronbay New Energy Technology NCA Cathode Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Ronbay New Energy Technology NCA Cathode Product Offerings
- 7.6.5 Ronbay New Energy Technology Recent Development
- 7.7 Ningbo Shanshan
- 7.7.1 Ningbo Shanshan Company Information
- 7.7.2 Ningbo Shanshan Introduction and Business Overview
- 7.7.3 Ningbo Shanshan NCA Cathode Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Ningbo Shanshan NCA Cathode Product Offerings
- 7.7.5 Ningbo Shanshan Recent Development
- 7.8 L&F
- 7.8.1 L&F Company Information
- 7.8.2 L&F Introduction and Business Overview
- 7.8.3 L&F NCA Cathode Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 L&F NCA Cathode Product Offerings
- 7.8.5 L&F Recent Development
- 7.9 Changyuan Lico
- 7.9.1 Changyuan Lico Company Information
- 7.9.2 Changyuan Lico Introduction and Business Overview
- 7.9.3 Changyuan Lico NCA Cathode Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Changyuan Lico NCA Cathode Product Offerings
- 7.9.5 Changyuan Lico Recent Development
- 7.10 GEM
- 7.10.1 GEM Company Information
- 7.10.2 GEM Introduction and Business Overview
- 7.10.3 GEM NCA Cathode Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 GEM NCA Cathode Product Offerings
- 7.10.5 GEM Recent Development
- 7.11 Future M
- 7.11.1 Future M Company Information
- 7.11.2 Future M Introduction and Business Overview
- 7.11.3 Future M NCA Cathode Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Future M NCA Cathode Product Offerings
- 7.11.5 Future M Recent Development
8 Industry Chain Analysis
- 8.1 NCA Cathode Industrial Chain
- 8.2 NCA Cathode Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 NCA Cathode Sales Model
- 8.5.2 Sales Channel
- 8.5.3 NCA Cathode Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer