세계의 배터리 재료 시장 예측(-2030년) : 전지 유형별, 재료 유형별, 용도별, 지역별 분석

According to Stratistics MRC, the Global Battery Materials Market is accounted for $63.22 billion in 2024 and is expected to reach $100.88 billion by 2030 growing at a CAGR of 8.1% during the forecast period. Battery materials are the substances used to store and release electrical energy in batteries. They play a crucial role in determining the performance, efficiency, and lifespan of a battery. Battery materials, such as lithium, cobalt, and nickel, are crucial for modern technology. They power a range of devices from smartphones and laptops to electric vehicles and renewable energy storage systems. Lithium-ion batteries, for instance, are valued for their high energy density and long cycle life, making them essential for portable electronics and grid storage.

According to the International Energy Association (IEA), around 2.3 million electric cars were sold in the first quarter of 2023. According to the Solar Energy Industries Association, the United States solar industry installed a total capacity of around 6.1 gigawatts-direct current in the first quarter of 2023.

Market Dynamics:

Driver:

Increasing demand for electric vehicles

As EV adoption grows, the need for high-performance batteries that offer longer ranges and quicker charging times becomes crucial. This demand propels research and development in battery materials, leading to innovations such as high-capacity lithium-ion batteries, solid-state batteries, and new electrode materials. For instance, advancements in lithium iron phosphate (LFP) and nickel-cobalt-manganese (NCM) chemistries enhance battery performance while reducing costs. Additionally, the focus on sustainable and recyclable materials is rising, aiming to reduce environmental impact and reliance on rare resources.

Restraint:

Environmental and ethical concerns

The battery materials industry faces significant environmental and ethical challenges that impede its growth and sustainability. Extracting key materials such as lithium, cobalt, and nickel often involves environmentally destructive practices, including deforestation, soil degradation, and water contamination. The mining operations frequently exploit labor, with workers, particularly in developing countries, enduring hazardous conditions and unfair wages. This raises serious ethical concerns about human rights abuses and the lack of fair labor practices.

Opportunity:

Growing consumer electronics demand

As these devices become more advanced, they require batteries with higher energy densities, longer lifespans, and faster charging capabilities. Manufacturers are investing heavily in research to enhance the performance and safety of these materials, aiming to meet the growing consumer expectations and support the evolving tech landscape. Additionally, the push for sustainable and eco-friendly solutions is prompting advancements in recycling technologies and alternative materials, which are essential for minimizing environmental impact. Thus, the intersection of increasing consumer electronics usage and advancements in battery technology is driving a robust growth trajectory in the battery materials sector.

Threat:

Economic fluctuations

Economic fluctuations significantly impact the battery materials sector by creating instability in supply chains, costs, and investment. When economies experience downturns or volatility, demand for electric vehicles (EVs) and renewable energy solutions can wane, leading to reduced need for battery materials like lithium, cobalt, and nickel. This drop in demand can result in lower prices for these materials, making it challenging for mining and processing companies to maintain profitability. Conversely, during economic booms, increased demand for batteries can strain supply chains, driving up prices and creating shortages.

Covid-19 Impact:

The COVID-19 pandemic significantly disrupted the global battery materials supply chain, revealing its vulnerabilities. These disruptions affected not only the automotive industry's electric vehicle (EV) production but also the broader consumer electronics sector reliant on batteries. The pandemic underscored the geopolitical and logistical risks tied to concentrated supply sources and fragile supply chains. Furthermore, it prompted a surge in demand for battery materials as economies began to recover and governments pushed for green technologies and renewable energy solutions. Consequently, the crisis accelerated efforts to diversify supply chains, invest in sustainable mining practices, and explore alternative materials to ensure greater resilience in future global supply chains.

The Nickel Metal Hydride segment is expected to be the largest during the forecast period

Nickel Metal Hydride segment is expected to be the largest during the forecast period by offering a more efficient and environmentally friendly alternative to traditional battery chemistries. NiMH batteries, which use a nickel oxide hydroxide positive electrode and a hydrogen-absorbing metal alloy negative electrode, are becoming increasingly popular due to their superior energy density, longer cycle life, and reduced environmental impact. Unlike their predecessors, NiMH batteries are less prone to memory effect and can store more energy per unit of weight, making them ideal for applications ranging from electric vehicles to consumer electronics.

The Anode segment is expected to have the highest CAGR during the forecast period

Anode segment is expected to have the highest CAGR during the forecast period. The anode is the electrode where oxidation reactions occur during battery discharge, and its efficiency directly impacts the battery's capacity, longevity, and charge/discharge rates. Advanced materials, such as silicon-based composites or high-capacity lithium alloys, are being developed to replace traditional graphite anodes. These innovative materials offer significantly higher energy densities and improved cycle stability, leading to batteries that can store more energy, last longer, and charge faster.

Region with largest share:

Asia Pacific region commanded the largest share of the market over the extrapolated period. As smart technologies such as Internet of Things (IoT) and artificial intelligence (AI) become increasingly prevalent, they are driving the development of more sophisticated battery management systems. These systems optimize battery performance, extend lifespan, and improve safety by providing real-time monitoring and predictive analytics. In the Asia Pacific region, which is a hub for battery manufacturing and innovation, this integration is accelerating the demand for advanced battery materials that can support enhanced functionalities.

Region with highest CAGR:

Europe region is estimated to witness substantial growth during the projected period by creating a supportive environment for innovation and investment. The European Union has introduced ambitious strategies, such as the European Battery Alliance and the Green Deal, to bolster the development of sustainable battery technologies. These policies include substantial funding for research and development, tax incentives, and subsidies for manufacturing facilities. Additionally, regulations aimed at ensuring ethical sourcing and recycling of battery materials are driving the industry towards greater sustainability. By prioritizing local production and reducing dependence on imports, Europe is not only enhancing its technological capabilities but also boosting economic growth and job creation within the region.

Key players in the market

Some of the key players in Battery Materials market include Asahi Kasei Corporation, BASF SE, DuPont de Nemours, Inc, Entek International, Gravita India Limited, Johnson Matthey PLC, Kureha Corporation, Mitsubishi Chemical Corporation and Nichia Corporation.

Key Developments:

In January 2024, CATL (Contemporary Amperex Technology Co. Limited) unveiled a new lithium iron phosphate (LFP) battery material that improves energy storage capacity and extends battery life. This development aims to make LFP batteries more competitive with traditional lithium-ion batteries.

In October 2023, BASF announced a partnership with Norilsk Nickel to produce high-purity nickel and cobalt materials for battery production. This collaboration aims to secure a stable supply of critical battery materials and support the growing EV market.

In September 2023, Nanotech Energy and BASF, a leading battery materials producer, partnered to manufacturer lithium-ion batteries with native recycled content and low CO2 footprint in North America. Cathode-active materials made by BASF will be used in Nanotech Energy's lithium-ion battery cells. The companies will also benefit from the bright future of battery materials recycling market.

In April 2023, CATL introduced condensed battery integrated with innovative technologies like ultra-high energy density cathode materials, separators, novel anode materials, etc.

In February 2023, Stratus Materials Inc. developed a suite of cathode active materials for light & medium electric vehicles etc., requiring equivalent performances. Electric Vehicle optimization has addressed all these points as per requirements, thus leading towards their popularity growth across the globe.

Battery Types Covered:

• Lithium-Ion
• Lead-Acid
• Nickel Metal Hydride
• Nickel Cadmium

Material Types Covered:

• Cathode
• Anode
• Electrolyte
• Separator

Applications Covered:

• Portable Devices
• Industrial
• Automotive
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Battery Materials Market, By Battery Type

• 5.1 Introduction
• 5.2 Lithium-Ion
• 5.3 Lead-Acid
• 5.4 Nickel Metal Hydride
• 5.5 Nickel Cadmium

6 Global Battery Materials Market, By Material Type

• 6.1 Introduction
• 6.2 Cathode
• 6.3 Anode
• 6.4 Electrolyte
• 6.5 Separator

7 Global Battery Materials Market, By Application

• 7.1 Introduction
• 7.2 Portable Devices
• 7.3 Industrial
• 7.4 Automotive
• 7.5 Other Applications

8 Global Battery Materials Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 Asahi Kasei Corporation
• 10.2 BASF SE
• 10.3 DuPont de Nemours, Inc
• 10.4 Entek International
• 10.5 Gravita India Limited
• 10.6 Johnson Matthey PLC
• 10.7 Kureha Corporation
• 10.8 Mitsubishi Chemical Corporation
• 10.9 Nichia Corporation