Dec 10, 2018
According to Stratistics MRC, the Global Battery raw materials market is accounted for $39.17 billion in 2017 and is expected to reach $82.30 billion by 2026 growing at a CAGR of 8.6%.

Gaithersburg, Maryland, , U.S. - December 10, 2018 /MarketersMedia/ —
Growing laptops & mobile market and extensive usage of batteries in electric vehicles are some of the factors boosting the market. However, upward penetration of lithium ion products and price fluctuation are hampering the market. In addition, improving the quality and efficiency of raw materials are providing the ample opportunities.
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Battery manufacturers lay greater emphasis on sourcing materials with mining and processing of raw materials undertaken by major companies operating in the market. It is an electric cell which produces electricity from chemical reactions and is used in laptops, cars, portable devices and household devices owing to growing industrial application.
Amongst Material, Lithium Nickel Manganese Cobalt (NMC) is considered to be the most precious combination of metals with a continuous discharge of 20 A at 2000mWh. The material is observed to exhibit superior properties such as high specific energy and specific power its low self-heating rate makes it extremely useful in electric vehicles.
In geography, Asia Pacific accounted for the largest due to high demand for battery energy systems in this countries, along with several battery consumers (automobile, portable device, and industrial) entering the global market with a larger presence in the Asia Pacific countries.
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Some of the key players profiled in the Battery raw materials market include BASF, DOW Chemical, Posco, Umicore, Mitsubishi Chemical Holdings, Johnson Matthey, Hitachi Chemical, Sumitomo Corporation, Ube Industries Limited, Pulead Technology Industry Co., Ltd., Nichia Corporation, Gravita India Ltd, Mitsui Mining & Smelting Company, Nexeon and Entek.
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Materials covered:
• Lead-acid Battery Material
• Li-ion Battery Material
• Other Materials
Products Covered:
• Lead
• Lithium
• Magnesium
• Cobalt
• Other Products
Applications Covered:
• Lead-acid Battery
• Li-Ion Battery
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
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- 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
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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
Contact Info:
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Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: http://www.strategymrc.com
Source: MarketersMedia
Release ID: 456966
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