Battery Materials Market by Battery Type (Lead-Acid, Lithium-ion), Material (Cathode, Anode, Electrolyte), Application (Automotive, EV, Portable devices, industrial), and Region (Aisa Pacific, North America, Europe, RoW) - Global Forecast to 2027

Abstract
The global battery material market size is estimated to be USD 57.8 billion in 2022 and is projected to grow at a CAGR of 15.8% during the forecast period to reach USD 120.4 billion by 2027. The market has a promising growth potential due to several factors such as increasing demand for sustainable vehicles and energy storage system, portable devices, and electronics product.

“The lithium ion type battery is expected to register the highest CAGR of the overall battery materials market during the forecast period, in terms of value.”

Lithium ion batteries are used in the Evs, portable device, and electronics product. For many years China has been the top EVs manufacturers and consumer. The country’s top position in the Evs and portable devices has helped Asia Pacific gain a significant share in the global battery materials market. Growing economy, such as India, China, and Indonesia are also actively engaged in EVs and electronics product production that have boost the demand for battery materials. This scenario is expected to continue during the forecast period.

“The electric vehicle application is projected to register the highest CAGR during the forecast period.”

Electric vehicle is the market driver in this segment globally. Growth in applications, including electric vehicles, portable device, and electronics product. There is strong demand for these applications from the Asia Pacific region, especially from developing countries such as China, India, South Korea, Japan, and Indonesia. Global battery material manufacturers are establishing their manufacturing facilities or sales offices in these emerging regions to cater to the increasing demand.

Asia - Pacific battery materials market is projected to register the largest market share during the forecast period.

Asia Pacific is an emerging economy with many rapidly developing countries. Various industry players are willing to invest in this region. Most of the leading players in North America and Europe are planning to shift their manufacturing base to Asia Pacific as it offers inexpensive raw materials, low cost of production, and the ability to serve the local emerging market in a better way. The Asia Pacific region is experiencing robust demand for electric vehicle, electronics product, stationary energy storage system, and portable device. This has led to an increased demand for battery material in the Asia Pacific market.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the battery materials market, and information was gathered from secondary research to determine and verify the market size of several segments and subsegments.

•By Company Type: Tier 1 –41 %, Tier 2 – 37%, and Tier 3 – 22 %
•By Designation: C Level – 21%, D Level – 23%, and Others – 56%
•By Region: Europe – 23%, North America – 37%, APAC – 26%, South America- 4%, and the Middle East & Africa – 10%

The key companies profiled in this report are Umicore (Belgium), Asahi Kasei (Japan), Mitsubishi chemical holdings (Japan), Posco (South Korea), and Johnson Matthey (UK).

Research Coverage:
This report provides detailed segmentation of the battery materials market based on battery type, material, application and region. Based on battery type, battery industry has been segmented into lead-acid and lithium ion. Based on material, the market has been segmented into cathode, anode and electrolyte. Based on application market has been segmented into Portable device, Evs, industrial, Automotive and others. Based on region, the market has been segmented into Asia Pacific, Europe, North America, and RoW.

Key Benefits of Buying the Report
From an insights perspective, this research report focuses on various levels of analyses — industry analysis (industry trends), market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

Content
Table of Contents

1INTRODUCTION41
1.1STUDY OBJECTIVES41
1.2MARKET DEFINITION41
1.3STUDY SCOPE42
1.3.1MARKETS SCOPE42
FIGURE 1BATTERY MATERIALS: MARKET SEGMENTATION42
1.3.2REGIONAL SCOPE42
FIGURE 2BATTERY MATERIALS MARKET: GEOGRAPHIC SCOPE42
1.3.3YEARS CONSIDERED43
1.4MARKET INCLUSIONS AND EXCLUSIONS43
1.4.1MARKET INCLUSIONS43
1.4.2MARKET EXCLUSIONS43
1.5CURRENCY43
1.6UNIT CONSIDERED44
1.7LIMITATIONS44
1.8STAKEHOLDERS44
1.9SUMMARY OF CHANGES44
2RESEARCH METHODOLOGY46
2.1RESEARCH DATA46
FIGURE 3BATTERY MATERIALS MARKET: RESEARCH DESIGN46
2.1.1SECONDARY DATA47
2.1.1.1Key data from secondary sources47
2.1.2PRIMARY DATA47
2.1.2.1Key primary data sources48
2.1.2.2Key data from primary sources48
2.1.2.3Key industry insights49
2.1.2.4Breakdown of primary interviews50
2.2MARKET SIZE ESTIMATION APPROACH50
2.2.1TOP-DOWN APPROACH50
FIGURE 4MARKET SIZE ESTIMATION: TOP-DOWN APPROACH51
FIGURE 5BATTERY MATERIALS MARKET SIZE ESTIMATION, BY VALUE51
FIGURE 6BATTERY MATERIALS MARKET SIZE ESTIMATION, BY REGION52
FIGURE 7BATTERY MATERIALS MARKET, BY BATTERY TYPE52
FIGURE 8BATTERY MATERIALS MARKET SIZE ESTIMATION, BY BATTERY TYPE52
FIGURE 9BATTERY MATERIALS MARKET SIZE ESTIMATION (BOTTOM-UP APPROACH), BY APPLICATION53
FIGURE 10BATTERY MATERIALS MARKET SIZE ESTIMATION, BY APPLICATION53
2.3MARKET FORECAST APPROACH54
2.3.1SUPPLY-SIDE FORECAST54
FIGURE 11BATTERY MATERIALS MARKET: SUPPLY-SIDE FORECAST54
FIGURE 12METHODOLOGY FOR SUPPLY-SIDE SIZING OF BATTERY MATERIALS MARKET54
2.3.2DEMAND-SIDE FORECAST55
FIGURE 13BATTERY MATERIALS MARKET: DEMAND-SIDE FORECAST55
2.4FACTOR ANALYSIS55
FIGURE 14FACTOR ANALYSIS OF BATTERY MATERIALS MARKET55
2.5DATA TRIANGULATION56
FIGURE 15BATTERY MATERIALS MARKET: DATA TRIANGULATION56
2.6ASSUMPTIONS57
2.7LIMITATIONS57
2.8GROWTH RATE ASSUMPTIONS/GROWTH FORECAST57
3EXECUTIVE SUMMARY58
TABLE 1BATTERY MATERIALS MARKET SNAPSHOT (2022 VS. 2027)59
FIGURE 16ASIA PACIFIC TO LEAD GLOBAL BATTERY MATERIALS MARKET DURING FORECAST PERIOD60
FIGURE 17LITHIUM-ION BATTERY MATERIALS TO DOMINATE MARKET DURING FORECAST PERIOD60
FIGURE 18LITHIUM-ION BATTERY MATERIALS TO REGISTER HIGHEST CAGR IN ELECTRIC VEHICLES SEGMENT DURING FORECAST PERIOD61
FIGURE 19AUTOMOTIVE APPLICATION TO ACCOUNT FOR LARGER SHARE OF LEAD-ACID BATTERY MATERIALS MARKET (2022–2027)61
FIGURE 20ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF BATTERY MATERIALS MARKET62
4PREMIUM INSIGHTS63
4.1ATTRACTIVE OPPORTUNITIES FOR MARKET PLAYERS63
FIGURE 21EMERGING ECONOMIES TO OFFER LUCRATIVE GROWTH OPPORTUNITIES TO KEY PLAYERS63
4.2BATTERY MATERIALS MARKET GROWTH, BY BATTERY TYPE64
FIGURE 22LEAD-ACID BATTERY MATERIALS TO DOMINATE MARKET BETWEEN 2022 AND 202764
4.3BATTERY MATERIALS MARKET, BY COUNTRY64
FIGURE 23CHINA AND INDIA EXPECTED TO BE FASTEST-GROWING MARKETS FOR BATTERY MATERIALS64
4.4BATTERY MATERIALS MARKET: DEVELOPED VS DEVELOPING COUNTRIES65
FIGURE 24BATTERY MATERIALS MARKET IN INDIA PROJECTED TO GROW AT HIGHEST RATE65
4.5CHINA TO LEAD ASIA PACIFIC BATTERY MATERIALS MARKET65
FIGURE 25CHINA TO ACCOUNT FOR LARGEST SHARE OF ASIA PACIFIC BATTERY MATERIALS MARKET65
5MARKET OVERVIEW66
5.1INTRODUCTION66
FIGURE 26TYPES OF BATTERY MATERIALS66
5.2VALUE CHAIN ANALYSIS66
FIGURE 27BATTERY MATERIALS MARKET: VALUE CHAIN ANALYSIS67
5.3MARKET DYNAMICS67
FIGURE 28DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN BATTERY MATERIALS MARKET67
5.3.1DRIVERS68
5.3.1.1Growth of HEVs, PHEVs, and EVs to accelerate demand for lithium-ion batteries68
TABLE 2LIST OF OEMS' ANNOUNCEMENTS ON ELECTRIC CARS AS OF JULY 202168
5.3.1.2High demand for lithium-ion technology in renewable energy industry69
5.3.1.3Growth in consumer electronic devices69
5.3.2RESTRAINTS69
5.3.2.1Stringent safety requirements for batteries during operation69
5.3.2.2Inadequate charging infrastructure70
5.3.3OPPORTUNITIES70
5.3.3.1Use of batteries in energy storage devices70
5.3.3.2Innovation and advances in lithium-ion battery technology70
5.3.4CHALLENGES71
5.3.4.1Regulations and safety issues related to lead-acid battery materials71
5.4PORTER'S FIVE FORCES ANALYSIS71
FIGURE 29BATTERY MATERIALS MARKET: PORTER'S FIVE FORCES ANALYSIS72
TABLE 3BATTERY MATERIALS MARKET: PORTER'S FIVE FORCES ANALYSIS72
5.4.1THREAT OF NEW ENTRANTS73
5.4.2THREAT OF SUBSTITUTES73
5.4.3BARGAINING POWER OF BUYERS73
5.4.4BARGAINING POWER OF SUPPLIERS74
5.4.5INTENSITY OF COMPETITIVE RIVALRY74
5.5KEY STAKEHOLDERS & BUYING CRITERIA74
5.5.1KEY STAKEHOLDERS IN BUYING PROCESS75
FIGURE 30INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS75
TABLE 4INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP INDUSTRIES (%)75
5.5.2BUYING CRITERIA75
FIGURE 31KEY BUYING CRITERIA FOR BATTERY MATERIALS75
TABLE 5KEY BUYING CRITERIA IN BATTERY MATERIALS MARKET76
5.6MACROECONOMIC INDICATORS76
5.6.1INTRODUCTION76
5.6.2GDP TRENDS AND FORECAST76
TABLE 6GDP TRENDS AND FORECAST, PERCENTAGE CHANGE76
5.6.3TRENDS IN ELECTRIC VEHICLE PRODUCTION78
TABLE 7ELECTRIC VEHICLES (BEV AND PHEV) SALES, 2017–2021)78
TABLE 8ELECTRIC CARS SALES, BY COUNTRY (2017–2021)78
TABLE 9ELECTRIC BUSES SALES, BY COUNTRY (2017–2021)79
TABLE 10ELECTRIC TRUCKS SALES, BY COUNTRY (2017–2021)80
TABLE 11ELECTRIC VANS SALES, BY COUNTRY (2017–2021)80
5.7TECHNOLOGY ANALYSIS81
FIGURE 32BATTERY MANUFACTURING TECHNOLOGY81
5.8CASE STUDY82
5.8.1RECYCLING OF LITHIUM-ION BATTERIES82
5.9PRICING ANALYSIS82
FIGURE 33PRICING ANALYSIS OF BATTERY MATERIALS MARKET, BY REGION (2021)83
5.9.1AVERAGE SELLING PRICE FOR LITHIUM-ION BATTERIES83
FIGURE 34AVERAGE SELLING PRICE, BY APPLICATION83
5.9.2AVERAGE SELLING PRICE FOR LEAD-ACID BATTERIES84
FIGURE 35AVERAGE SELLING PRICE, BY APPLICATION84
5.10KEY EXPORTING AND IMPORTING COUNTRIES84
5.10.1EXPORT-IMPORT TRADE STATISTICS84
TABLE 12EXPORT DATA FOR LITHIUM-ION BATTERIES AND LEAD-ACID BATTERIES (USD THOUSAND)84
TABLE 13IMPORT DATA FOR LITHIUM-ION BATTERIES AND LEAD-ACID BATTERIES (USD THOUSAND)90
5.11ECOSYSTEM MAPPING96
FIGURE 36BATTERY MATERIALS MARKET: ECOSYSTEM MAPPING96
TABLE 14BATTERY MATERIALS MARKET: ROLE IN ECOSYSTEM96
5.12TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES97
FIGURE 37TRENDS IN END-USE INDUSTRIES IMPACTING STRATEGIES OF MANUFACTURERS OF BATTERY MATERIALS97
5.13GLOBAL REGULATORY FRAMEWORK AND ITS IMPACT ON BATTERY MATERIALS MARKET97
TABLE 15STANDARDS FOR BATTERY97
5.13.1REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS98
TABLE 16NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS98
TABLE 17EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS99
TABLE 18ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS99
5.14PATENT ANALYSIS100
5.14.1METHODOLOGY100
5.14.2PUBLICATION TRENDS100
FIGURE 38PUBLICATION TRENDS, 2018–2022100
5.14.3INSIGHTS101
5.14.4JURISDICTION ANALYSIS101
FIGURE 39JURISDICTION ANALYSIS OF REGISTERED PATENTS, 2018–2022101
5.14.5TOP APPLICANTS102
FIGURE 40NUMBER OF PATENTS, BY COMPANY (2018–2022)102
5.15KEY CONFERENCES & EVENTS IN 2022–2023103
TABLE 19BATTERY MATERIALS MARKET: DETAILED LIST OF CONFERENCES & EVENTS103
6BATTERY MATERIALS MARKET, BY BATTERY TYPE104
6.1INTRODUCTION105
TABLE 20COMPARISON BETWEEN LEAD-ACID VS. LITHIUM-ION BATTERIES105
FIGURE 41LEAD-ACID BATTERY TO DOMINATE OVERALL MARKET BETWEEN 2022 AND 2027105
TABLE 21BATTERY MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)106
TABLE 22BATTERY MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)106
TABLE 23BATTERY MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)106
TABLE 24BATTERY MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)106
6.2LITHIUM-ION107
TABLE 25LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY REGION, 2017–2021 (KILOTON)107
TABLE 26LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)107
TABLE 27LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)107
TABLE 28LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)108
6.3LEAD-ACID108
TABLE 29LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY REGION, 2017–2021 (KILOTON)108
TABLE 30LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)108
TABLE 31LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)109
TABLE 32LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)109
6.4OTHER BATTERIES109
TABLE 33OTHER BATTERIES’ MATERIALS MARKET SIZE, BY REGION, 2017–2021 (KILOTON)110
TABLE 34OTHER BATTERIES’ MATERIALS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)110
TABLE 35OTHER BATTERIES’ MATERIALS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)110
TABLE 36OTHER BATTERIES’ MATERIALS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)111
7BATTERY MATERIALS MARKET, BY MATERIAL112
7.1INTRODUCTION113
7.2LITHIUM-ION BATTERY MATERIALS113
TABLE 37LITHIUM-ION BATTERY MATERIALS113
FIGURE 42CATHODE MATERIAL TO BE DOMINANT SEGMENT IN LITHIUM-ION BATTERY MATERIALS MARKET114
TABLE 38LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2017–2021 (KILOTON)114
TABLE 39LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2022–2027 (KILOTON)114
TABLE 40LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2017–2021 (USD MILLION)115
TABLE 41LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2022–2027 (USD MILLION)115
7.2.1CATHODE MATERIAL115
FIGURE 43CHEMISTRY OF CATHODE116
TABLE 42LITHIUM-ION BATTERY CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (KILOTON)116
TABLE 43LITHIUM-ION BATTERY CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)116
TABLE 44LITHIUM-ION BATTERY CATHODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)117
TABLE 45LITHIUM-ION BATTERY CATHODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)117
7.2.1.1Cathode material for lithium-ion batteries117
TABLE 46CATHODE MATERIALS MARKET SIZE, BY TYPE, 2017–2021 (KILOTON)117
TABLE 47CATHODE MATERIALS MARKET SIZE, BY TYPE, 2022–2027 (KILOTON)118
TABLE 48CATHODE MATERIALS MARKET SIZE, BY TYPE, 2017–2021 (USD MILLION)118
TABLE 49CATHODE MATERIALS MARKET SIZE, BY TYPE, 2022–2027 (USD MILLION)118
7.2.1.1.1Lithium iron phosphate (LFP)119
TABLE 50LFP CATHODE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (KILOTON)119
TABLE 51LFP CATHODE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (KILOTON)119
TABLE 52LFP CATHODE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)119
TABLE 53LFP CATHODE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)120
7.2.1.1.2Lithium cobalt oxide (LCO)120
TABLE 54LCO CATHODE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (KILOTON)120
TABLE 55LCO CATHODE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (KILOTON)120
TABLE 56LCO CATHODE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)121
TABLE 57LCO CATHODE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)121
7.2.1.1.3Lithium nickel manganese cobalt (NMC)121
TABLE 58NMC CATHODE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (KILOTON)121
TABLE 59NMC CATHODE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (KILOTON)122
TABLE 60NMC CATHODE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)122
TABLE 61NMC CATHODE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)122
7.2.1.1.4Lithium nickel cobalt aluminum (NCA)122
TABLE 62NCA CATHODE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (KILOTON)123
TABLE 63NCA CATHODE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (KILOTON)123
TABLE 64NCA CATHODE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)123
TABLE 65NCA CATHODE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)123
7.2.1.1.5Lithium manganese oxide (LMO)124
TABLE 66LMO CATHODE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (KILOTON)124
TABLE 67LMO CATHODE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (KILOTON)124
TABLE 68LMO CATHODE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)124
TABLE 69LMO CATHODE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)125
7.2.2ANODE MATERIAL125
TABLE 70LITHIUM-ION BATTERY ANODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (KILOTON)125
TABLE 71LITHIUM-ION BATTERY ANODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)126
TABLE 72LITHIUM-ION BATTERY ANODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)126
TABLE 73LITHIUM-ION BATTERY ANODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)126
7.2.2.1Anode material for lithium-ion batteries127
TABLE 74LITHIUM-ION BATTERY ANODE MATERIALS MARKET SIZE, BY TYPE, 2017–2021 (KILOTON)127
TABLE 75LITHIUM-ION BATTERY ANODE MATERIALS MARKET SIZE, BY TYPE, 2022–2027 (KILOTON)127
TABLE 76LITHIUM-ION BATTERY ANODE MATERIALS MARKET SIZE, BY TYPE, 2017–2021 (USD MILLION)127
TABLE 77LITHIUM-ION BATTERY ANODE MATERIALS MARKET SIZE, BY TYPE, 2022–2027 (USD MILLION)127
7.2.2.1.1Natural graphite128
TABLE 78NATURAL GRAPHITE ANODE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (KILOTON)128
TABLE 79NATURAL GRAPHITE ANODE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (KILOTON)128
TABLE 80NATURAL GRAPHITE ANODE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)128
TABLE 81NATURAL GRAPHITE ANODE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)129
7.2.2.1.2Artificial graphite129
TABLE 82ARTIFICIAL GRAPHITE ANODE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (KILOTON)129
TABLE 83ARTIFICIAL GRAPHITE ANODE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (KILOTON)129
TABLE 84ARTIFICIAL GRAPHITE ANODE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)130
TABLE 85ARTIFICIAL GRAPHITE ANODE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)130
7.2.2.1.3Other anode materials130
TABLE 86OTHER ANODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (KILOTON)130
TABLE 87OTHER ANODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)131
TABLE 88OTHER ANODE MATERIALS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)131
TABLE 89OTHER ANODE MATERIALS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)131
7.2.3ELECTROLYTE MATERIAL131
TABLE 90LITHIUM-ION BATTERY ELECTROLYTE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (KILOTON)132
TABLE 91LITHIUM-ION BATTERY ELECTROLYTE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (KILOTON)132
TABLE 92LITHIUM-ION BATTERY ELECTROLYTE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)133
TABLE 93LITHIUM-ION BATTERY ELECTROLYTE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)133
7.2.4OTHER MATERIALS133
TABLE 94LITHIUM-ION BATTERY OTHER MATERIALS MARKET SIZE, BY REGION, 2017–2021 (KILOTON)134
TABLE 95LITHIUM-ION BATTERY OTHER MATERIALS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)134
TABLE 96LITHIUM-ION BATTERY OTHER MATERIALS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)134
TABLE 97LITHIUM-ION BATTERY OTHER MATERIALS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)135
7.3LEAD-ACID BATTERY MATERIALS135
TABLE 98LEAD-ACID BATTERY MATERIALS135
FIGURE 44CATHODE MATERIAL TO ACCOUNT FOR LARGEST SHARE OF LEAD-ACID BATTERY MATERIALS MARKET136
TABLE 99LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2017–2021 (KILOTON)136
TABLE 100LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2022–2027 (KILOTON)136
TABLE 101LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2017–2021 (USD MILLION)137
TABLE 102LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2022–2027 (USD MILLION)137
7.3.1CATHODE MATERIAL137
TABLE 103LEAD-ACID BATTERY CATHODE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (KILOTON)137
TABLE 104LEAD-ACID BATTERY CATHODE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (KILOTON)138
TABLE 105LEAD-ACID BATTERY CATHODE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)138
TABLE 106LEAD-ACID BATTERY CATHODE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)138
7.3.2ANODE MATERIAL139
TABLE 107LEAD-ACID BATTERY ANODE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (KILOTON)139
TABLE 108LEAD-ACID BATTERY ANODE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (KILOTON)139
TABLE 109LEAD-ACID BATTERY ANODE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)139
TABLE 110LEAD-ACID BATTERY ANODE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)140
7.3.3ELECTROLYTE MATERIAL140
TABLE 111LEAD-ACID BATTERY ELECTROLYTE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (KILOTON)140
TABLE 112LEAD-ACID BATTERY ELECTROLYTE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (KILOTON)141
TABLE 113LEAD-ACID BATTERY ELECTROLYTE MATERIAL MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)141
TABLE 114LEAD-ACID BATTERY ELECTROLYTE MATERIAL MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)141
7.3.4OTHER MATERIALS141
TABLE 115LEAD-ACID BATTERY OTHER MATERIALS MARKET SIZE, BY REGION, 2017–2021 (KILOTON)142
TABLE 116LEAD-ACID BATTERY OTHER MATERIALS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)142
TABLE 117LEAD-ACID BATTERY OTHER MATERIALS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)142
TABLE 118LEAD-ACID BATTERY OTHER MATERIALS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)143
7.4OTHER BATTERY MATERIALS143
8BATTERY MATERIALS MARKET, BY APPLICATION144
8.1INTRODUCTION145
8.2LITHIUM-ION BATTERY145
FIGURE 45ELECTRIC VEHICLES SEGMENT TO DOMINATE LITHIUM-ION BATTERY MATERIALS MARKET BETWEEN 2022 AND 2027145
TABLE 119LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2017–2021 (KILOTON)146
TABLE 120LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2022–2027 (KILOTON)146
TABLE 121LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)146
TABLE 122LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)147
8.2.1PORTABLE DEVICES147
TABLE 123LITHIUM-ION BATTERY MATERIALS MARKET SIZE IN PORTABLE DEVICES, BY REGION, 2017–2021 (KILOTON)147
TABLE 124LITHIUM-ION BATTERY MATERIALS MARKET SIZE IN PORTABLE DEVICES, BY REGION, 2022–2027 (KILOTON)148
TABLE 125LITHIUM-ION BATTERY MATERIALS MARKET SIZE IN PORTABLE DEVICES, BY REGION, 2017–2021 (USD MILLION)148
TABLE 126LITHIUM-ION BATTERY MATERIALS MARKET SIZE IN PORTABLE DEVICES, BY REGION, 2022–2027 (USD MILLION)148
8.2.2ELECTRIC VEHICLES149
TABLE 127LITHIUM-ION BATTERY MATERIALS MARKET SIZE IN ELECTRIC VEHICLES, BY REGION, 2017–2021 (KILOTON)149
TABLE 128LITHIUM-ION BATTERY MATERIALS MARKET SIZE IN ELECTRIC VEHICLES, BY REGION, 2022–2027 (KILOTON)149
TABLE 129LITHIUM-ION BATTERY MATERIALS MARKET SIZE IN ELECTRIC VEHICLES, BY REGION, 2017–2021 (USD MILLION)150
TABLE 130LITHIUM-ION BATTERY MATERIALS MARKET SIZE IN ELECTRIC VEHICLES, BY REGION, 2022–2027 (USD MILLION)150
8.2.3INDUSTRIAL150
TABLE 131LITHIUM-ION BATTERY MATERIALS MARKET SIZE IN INDUSTRIAL, BY REGION, 2017–2021 (KILOTON)151
TABLE 132LITHIUM-ION BATTERY MATERIALS MARKET SIZE IN INDUSTRIAL, BY REGION, 2022–2027 (KILOTON)151
TABLE 133LITHIUM-ION BATTERY MATERIALS MARKET SIZE IN INDUSTRIAL, BY REGION, 2017–2021 (USD MILLION)151
TABLE 134LITHIUM-ION BATTERY MATERIALS MARKET SIZE IN INDUSTRIAL, BY REGION, 2022–2027 (USD MILLION)152
8.2.4OTHERS152
TABLE 135LITHIUM-ION BATTERY MATERIALS MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2017–2021 (KILOTON)152
TABLE 136LITHIUM-ION BATTERY MATERIALS MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2022–2027 (KILOTON)153
TABLE 137LITHIUM-ION BATTERY MATERIALS MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2017–2021 (USD MILLION)153
TABLE 138LITHIUM-ION BATTERY MATERIALS MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2022–2027 (USD MILLION)153
8.3LEAD-ACID BATTERY154
FIGURE 46AUTOMOTIVE APPLICATION TO DOMINATE LEAD-ACID BATTERY MARKET BETWEEN 2022 AND 2027154
TABLE 139LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2017–2021 (KILOTON)154
TABLE 140LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2022–2027 (KILOTON)154
TABLE 141LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)155
TABLE 142LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)155
8.3.1AUTOMOTIVE155
TABLE 143LEAD-ACID BATTERY MATERIALS MARKET SIZE IN AUTOMOTIVE, BY REGION, 2017–2021 (KILOTON)155
TABLE 144LEAD-ACID BATTERY MATERIALS MARKET SIZE IN AUTOMOTIVE, BY REGION, 2022–2027 (KILOTON)156
TABLE 145LEAD-ACID BATTERY MATERIALS MARKET SIZE IN AUTOMOTIVE, BY REGION, 2017–2021 (USD MILLION)156
TABLE 146LEAD-ACID BATTERY MATERIALS MARKET SIZE IN AUTOMOTIVE, BY REGION, 2022–2027 (USD MILLION)156
8.3.2INDUSTRIAL157
TABLE 147LEAD-ACID BATTERY MATERIALS MARKET SIZE IN INDUSTRIAL, BY REGION, 2017–2021 (KILOTON)157
TABLE 148LEAD-ACID BATTERY MATERIALS MARKET SIZE IN INDUSTRIAL, BY REGION, 2022–2027 (KILOTON)157
TABLE 149LEAD-ACID BATTERY MATERIALS MARKET SIZE IN INDUSTRIAL, BY REGION, 2017–2021 (USD MILLION)158
TABLE 150LEAD-ACID BATTERY MATERIALS MARKET SIZE IN INDUSTRIAL, BY REGION, 2022–2027 (USD MILLION)158
8.4OTHERS158
9BATTERY MATERIALS MARKET, BY REGION159
9.1INTRODUCTION160
FIGURE 47REGIONAL SNAPSHOT: BATTERY MATERIALS MARKET IN INDIA TO WITNESS HIGHEST CAGR160
TABLE 151BATTERY MATERIALS MARKET SIZE, BY REGION, 2017–2021 (KILOTON)160
TABLE 152BATTERY MATERIALS MARKET SIZE, BY REGION, 2022–2027 (KILOTON)161
TABLE 153BATTERY MATERIALS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)161
TABLE 154BATTERY MATERIALS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)161
9.2ASIA PACIFIC162
FIGURE 48ASIA PACIFIC: BATTERY MATERIALS MARKET SNAPSHOT163
9.2.1ASIA PACIFIC BATTERY MATERIALS MARKET, BY BATTERY TYPE164
TABLE 155ASIA PACIFIC: BATTERY MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)164
TABLE 156ASIA PACIFIC: BATTERY MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)164
TABLE 157ASIA PACIFIC: BATTERY MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)164
TABLE 158ASIA PACIFIC: BATTERY MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)164
9.2.2ASIA PACIFIC LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL165
TABLE 159ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2017–2021 (KILOTON)165
TABLE 160ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2022–2027 (KILOTON)165
TABLE 161ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2017–2021 (USD MILLION)165
TABLE 162ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2022–2027 (USD MILLION)166
9.2.2.1Asia Pacific lithium-ion cathode battery materials market166
TABLE 163ASIA PACIFIC: LITHIUM-ION CATHODE BATTERY MATERIALS MARKET SIZE, 2017–2021 (KILOTON)166
TABLE 164ASIA PACIFIC: LITHIUM-ION CATHODE BATTERY MATERIALS MARKET SIZE, 2022–2027 (KILOTON)166
TABLE 165ASIA PACIFIC: LITHIUM-ION CATHODE BATTERY MATERIALS MARKET SIZE, 2017–2021 (USD MILLION)167
TABLE 166ASIA PACIFIC: LITHIUM-ION CATHODE BATTERY MATERIALS MARKET SIZE, 2022–2027 (USD MILLION)167
9.2.2.2Asia Pacific lithium-ion anode battery materials market167
TABLE 167ASIA PACIFIC: LITHIUM-ION ANODE BATTERY MATERIALS MARKET SIZE, 2017–2021 (KILOTON)167
TABLE 168ASIA PACIFIC: LITHIUM-ION ANODE BATTERY MATERIALS MARKET SIZE, 2022–2027 (KILOTON)168
TABLE 169ASIA PACIFIC: LITHIUM-ION ANODE BATTERY MATERIALS MARKET SIZE, 2017–2021 (USD MILLION)168
TABLE 170ASIA PACIFIC: LITHIUM-ION ANODE BATTERY MATERIALS MARKET SIZE, 2022–2027 (USD MILLION)168
9.2.3ASIA PACIFIC LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION169
TABLE 171ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2017–2021 (KILOTON)169
TABLE 172ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2022–2027 (KILOTON)169
TABLE 173ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)169
TABLE 174ASIA PACIFIC: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)170
9.2.4ASIA PACIFIC LEAD-ACID BATTERY MATERIALS MARKET, BY MATERIAL170
TABLE 175ASIA PACIFIC: LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2017–2021 (KILOTON)170
TABLE 176ASIA PACIFIC: LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2022–2027 (KILOTON)170
TABLE 177ASIA PACIFIC: LEAD-ACID BATTERY MATERIAL MARKET SIZE, BY MATERIAL, 2017–2021 (USD MILLION)171
TABLE 178ASIA PACIFIC: LEAD-ACID BATTERY MATERIAL MARKET SIZE, BY MATERIAL, 2022–2027 (USD MILLION)171
9.2.5ASIA PACIFIC LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION171
TABLE 179ASIA PACIFIC: LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2017–2021 (KILOTON)171
TABLE 180ASIA PACIFIC: LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2022–2027 (KILOTON)172
TABLE 181ASIA PACIFIC: LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)172
TABLE 182ASIA PACIFIC: LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)172
9.2.6ASIA PACIFIC BATTERY MATERIALS MARKET, BY COUNTRY173
TABLE 183ASIA PACIFIC: BATTERY MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (KILOTON)173
TABLE 184ASIA PACIFIC: BATTERY MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (KILOTON)173
TABLE 185ASIA PACIFIC: BATTERY MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)173
TABLE 186ASIA PACIFIC: BATTERY MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)174
9.2.6.1China174
9.2.6.1.1Increasing sales of EVs to support battery materials market174
9.2.6.2South Korea175
9.2.6.2.1Government initiatives to install energy storage facilities to drive market175
9.2.6.3Japan175
9.2.6.3.1Presence of major battery manufacturers to support market175
9.2.6.4India176
9.2.6.4.1Government initiatives supporting EV sales to boost market176
9.2.6.5Rest of Asia Pacific176
9.3NORTH AMERICA177
FIGURE 49NORTH AMERICA: BATTERY MATERIALS MARKET SNAPSHOT177
9.3.1NORTH AMERICA BATTERY MATERIALS MARKET, BY BATTERY TYPE178
TABLE 187NORTH AMERICA: BATTERY MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)178
TABLE 188NORTH AMERICA: BATTERY MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)178
TABLE 189NORTH AMERICA: BATTERY MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)178
TABLE 190NORTH AMERICA: BATTERY MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)178
9.3.2NORTH AMERICA LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL179
TABLE 191NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2017–2021 (KILOTON)179
TABLE 192NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2022–2027 (KILOTON)179
TABLE 193NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2017–2021 (USD MILLION)179
TABLE 194NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2022–2027 (USD MILLION)180
9.3.2.1North America lithium-ion cathode battery materials market180
TABLE 195NORTH AMERICA: LITHIUM-ION CATHODE BATTERY MATERIALS MARKET SIZE, 2017–2021 (KILOTON)180
TABLE 196NORTH AMERICA: LITHIUM-ION CATHODE BATTERY MATERIALS MARKET SIZE, 2022–2027 (KILOTON)180
TABLE 197NORTH AMERICA: LITHIUM-ION CATHODE BATTERY MATERIALS MARKET SIZE, 2017–2021 (USD MILLION)181
TABLE 198NORTH AMERICA: LITHIUM-ION CATHODE BATTERY MATERIALS MARKET SIZE, 2022–2027 (USD MILLION)181
9.3.2.2North America lithium-ion anode battery materials market181
TABLE 199NORTH AMERICA: LITHIUM-ION ANODE BATTERY MATERIALS MARKET SIZE, 2017–2021 (KILOTON)181
TABLE 200NORTH AMERICA: LITHIUM-ION ANODE BATTERY MATERIALS MARKET SIZE, 2022–2027 (KILOTON)182
TABLE 201NORTH AMERICA: LITHIUM-ION ANODE BATTERY MATERIALS MARKET SIZE, 2017–2021 (USD MILLION)182
TABLE 202NORTH AMERICA: LITHIUM-ION ANODE BATTERY MATERIALS MARKET SIZE, 2022–2027 (USD MILLION)182
9.3.3NORTH AMERICA LITHIUM-ION BATTERY MATERIALS MARKET, BY APPLICATION183
TABLE 203NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2017–2021 (KILOTON)183
TABLE 204NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2022–2027 (KILOTON)183
TABLE 205NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)183
TABLE 206NORTH AMERICA: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)184
9.3.4NORTH AMERICA LEAD-ACID BATTERY MATERIALS MARKET, BY MATERIAL184
TABLE 207NORTH AMERICA: LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2017–2021 (KILOTON)184
TABLE 208NORTH AMERICA: LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2022–2027 (KILOTON)184
TABLE 209NORTH AMERICA: LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2017–2021 (USD MILLION)185
TABLE 210NORTH AMERICA: LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2022–2027 (USD MILLION)185
9.3.5NORTH AMERICA LEAD-ACID BATTERY MATERIALS MARKET, BY APPLICATION185
TABLE 211NORTH AMERICA: LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2017–2021 (KILOTON)185
TABLE 212NORTH AMERICA: LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2022–2027 (KILOTON)186
TABLE 213NORTH AMERICA: LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)186
TABLE 214NORTH AMERICA: LEAD-ACID BATTERY MATERIALS MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)186
9.3.6NORTH AMERICA BATTERY MATERIALS MARKET, BY COUNTRY186
TABLE 215NORTH AMERICA: BATTERY MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (KILOTON)186
TABLE 216NORTH AMERICA: BATTERY MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (KILOTON)187
TABLE 217NORTH AMERICA: BATTERY MATERIALS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)187
TABLE 218NORTH AMERICA: BATTERY MATERIALS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)187
9.3.6.1US188
9.3.6.1.1Increasing sales of EVs and portable devices supporting battery materials market188
9.3.6.2Rest of North America188
9.4EUROPE189
FIGURE 50EUROPE: BATTERY MATERIALS MARKET SNAPSHOT190
9.4.1EUROPE BATTERY MATERIALS MARKET, BY BATTERY TYPE190
TABLE 219EUROPE: BATTERY MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (KILOTON)190
TABLE 220EUROPE: BATTERY MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (KILOTON)191
TABLE 221EUROPE: BATTERY MATERIALS MARKET SIZE, BY BATTERY TYPE, 2017–2021 (USD MILLION)191
TABLE 222EUROPE: BATTERY MATERIALS MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)191
9.4.2EUROPE LITHIUM-ION BATTERY MATERIALS MARKET, BY MATERIAL191
TABLE 223EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2017–2021 (KILOTON)191
TABLE 224EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2022–2027 (KILOTON)192
TABLE 225EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2017–2021 (USD MILLION)192
TABLE 226EUROPE: LITHIUM-ION BATTERY MATERIALS MARKET SIZE, BY MATERIAL, 2022–2027 (USD MILLION)192
9.4.2.1Europe lithium-ion cathode battery materials market193
TABLE 227EUROPE: LITHIUM-ION CATHODE BATTERY MATERIALS MARKET SIZE, 2017–2021 (KILOTON)193
TABLE 228EUROPE: LITHIUM-ION CATHODE BATTERY MATERIALS MARKET SIZE, 2022–2027 (KILOTON)193
TABLE 229EUROPE: LITHIUM-ION CATHODE BATTERY MATERIALS MARKET SIZE, 2017–2021 (USD MILLION)193
TABLE 230EUROPE: LITHIUM-ION CATHODE BATTERY MATERIALS MARKET SIZE, 2022–2027 (USD MILLION)194
9.4.2.2Europe lithium-ion anode battery materials market194
TABLE 231EUROPE: LITHIUM-ION ANODE BATT