Battery Metals Market Forecast to 2028

Report Code : TIPRE00024358 | Region : Global | Industry : Chemicals and Materials | Published Date : 28/Jan/2022
Battery Metals Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Lithium, Nickel, Cobalt, and Others) and Application (Electric Vehicles, Consumer Electronics, Energy Storage Systems, and Others)

The battery metals market is projected to reach US$ 32,251.1 million by 2028 from US$ 13,770.9 million in 2021; it is expected to grow at a CAGR of 12.9% from 2021 to 2028. Battery metals such as lithium, cobalt, nickel, and manganese are used as raw materials in manufacturing batteries. These are also used in electric vehicles, consumer electronics, and other applications.

Based on application, the battery metals market is subsegmented into electric vehicles, consumer electronics, energy storage systems, and others. The electric vehicles segment is projected to register the highest CAGR during the forecast period. The rising initiatives by the governments of various countries for adoption of pollution-free vehicles and reduction of greenhouse gas emission are boosting the demand for battery-based vehicles instead of fossil fuel-based vehicles, thereby propelling the growth of the electric vehicles segment.

Based on Geography, the battery metals market is further segmented into North America, Europe, Asia Pacific, South and Central America, and the Middle East & Africa. In 2020, the global battery market was led by the Asia Pacific region holding largest revenue share of the global battery metals market. Rising automotive and electronics industries in various countries in Asia pacific such as China, Japan, South Korea and India is also major factor in creating market dominance. This is responsible for fuelling the battery metals market growth during the forecast period. Several government initiatives adopted sustainable technology solutions, which are also expected to contribute to the battery metals market growth.

Albemarle Corporation; Umicore; LG Chem; Ganfeng Lithium Co., Ltd.; BASF SE; Bolt Metals Corp.; Honjo Metal Co., Ltd.; Lithium Australia NL; Vale; and Metso Outotec are among the key players operating in the global battery metals market.

The overall global battery metals market size has been derived in accordance with both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the global battery metals market.

The List of Companies - Battery Metals Market

1. Albemarle Corporation

2. Bolt Metals

3. Ganfeng Lithium Co.,Ltd.

4. Umicore

5. LG Chem

6. Honjo Metal Co., Ltd.

7. Vale

8. Lithium Australia NL

9. BASF SE

10. Metso Outotec

TABLE OF CONTENTS

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

1.2.1 Battery Metals Market, by Type

1.2.2 Battery Metals Market, by Application

1.2.3 Battery Metals Market, by Geography

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.1.1 Battery Metals Market, by Type and Application

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. Battery Metals Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.2.1 Bargaining Power of Suppliers:

4.2.2 Bargaining Power of Buyers:

4.2.3 Threat of New Entrants:

4.2.4 Competitive Rivalry:

4.2.5 Threat of Substitutes:

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Battery Metals Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increase in Demand for Electrical Vehicles/Hybrid Electric Vehicles/Plug-in Hybrid Vehicles

5.1.2 Growing Demand for Battery Metals from Consumer Electronics Industry

5.2 Market Restraints

5.2.1 Volatility in the Raw Material Prices of Battery Metals

5.3 Market Opportunities

5.3.1 Rapid Growth in Renewable Energy Sector

5.4 Future Trends

5.4.1 Growing Focus on Battery Recycling

5.5 Impact Analysis

6. Battery Metals – Global Market Analysis

6.1 Battery Metals Market Overview

6.2 Battery Metals Market –Revenue and Forecast to 2028 (US$ Mn)

6.3 Market Positioning – Battery Metals Market Players

7. Battery Metals Market Analysis – By Type

7.1 Overview

7.2 Battery Metals Market, By Type(2020 and 2028)

7.3 Lithium

7.3.1 Overview

7.3.2 Lithium: Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)

7.4 Nickel

7.4.1 Overview

7.4.2 Nickel: Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)

7.5 Cobalt:

7.5.1 Overview

7.5.2 Cobalt: Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)

7.6 Others:

7.6.1 Overview

7.6.2 Others: Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)

8. Battery Metals Market Analysis – By Application

8.1 Overview

8.2 Battery Metals Market, By Application (2020 and 2028)

8.3 Electric Vehicles

8.3.1 Overview

8.3.2 Electric Vehicles: Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)

8.4 Consumer Electronics

8.4.1 Overview

8.4.2 Consumer Electronics: Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)

8.5 Energy Storage System

8.5.1 Overview

8.5.2 Energy Storage Systems: Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)

8.6 Other

8.6.1 Overview

8.6.2 Others: Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)

9. Battery Metals Market – Geographic Analysis

9.1 Overview

9.2 North America

9.2.1 Overview

9.2.2 North America: Battery Metals Market –Revenue and Forecast to 2028 (US$ Million)

9.2.3 North America: Battery Metals Market, By Type

9.2.4 North America: Battery Metals Market, by Application

9.2.5 North America: Battery Metals Market, by Key Country

9.2.5.1 US: Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)

9.2.5.1.1 US: Battery Metals Market, By Type

9.2.5.1.2 US: Battery Metals Market, by Application

9.2.5.2 Canada: Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)

9.2.5.2.1 Canada: Battery Metals Market, By Type

9.2.5.2.2 Canada: Battery Metals Market, by Application

9.2.5.3 Mexico: Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)

9.2.5.3.1 Mexico: Battery Metals Market, By Type

9.2.5.3.2 Mexico: Battery Metals Market, by Application

9.3 Europe: Battery Metals Market

9.3.1 Europe: Battery Metals Market –Revenue and Forecast to 2028 (US$ Million)

9.3.2 Europe: Battery Metals Market, By Type

9.3.3 Europe: Battery Metals Market, by Application

9.3.4 Europe: Battery Metals Market, by Key Country

9.3.4.1 Germany: Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.1.1 Germany: Battery Metals Market, By Type

9.3.4.1.2 Germany: Battery Metals Market, by Application

9.3.4.2 France: Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.2.1 France: Battery Metals Market, By Type

9.3.4.2.2 France: Battery Metals Market, by Application

9.3.4.3 Italy: Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.3.1 Italy: Battery Metals Market, By Type

9.3.4.3.2 Italy: Battery Metals Market, by Application

9.3.4.4 UK: Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.4.1 UK: Battery Metals Market, By Type

9.3.4.4.2 UK: Battery Metals Market, by Application

9.3.4.5 Russia: Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.5.1 Russia: Battery Metals Market, By Type

9.3.4.5.2 Russia: Battery Metals Market, by Application

9.3.4.6 Rest of Europe: Battery Metals Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.6.1 Rest of Europe: Battery Metals Market, By Type

9.3.4.6.2 Rest of Europe: Battery Metals Market, by Application

9.4 Asia-Pacific: Battery Metals Market

9.4.1 Asia-Pacific: Battery Metals Market – Analysis and Forecast to 2028 (US$ Million)

9.4.2 Asia-Pacific: Battery Metals Market, By Type

9.4.3 Asia-Pacific: Battery Metals Market, by Application

9.4.4 Asia-Pacific: Battery Metals Market, by Key Country

9.4.4.1 Australia: Battery Metals Market –Analysis and Forecast to 2028 (US$ Million)

9.4.4.1.1 Australia: Battery Metals Market, By Type

9.4.4.1.2 Australia: Battery Metals Market, by Application

9.4.4.2 China: Battery Metals Market –Analysis and Forecast to 2028 (US$ Million)

9.4.4.2.1 China: Battery Metals Market, By Type

9.4.4.2.2 China: Battery Metals Market, by Application

9.4.4.3 India: Battery Metals Market –Analysis and Forecast to 2028 (US$ Million)

9.4.4.3.1 India: Battery Metals Market, By Type

9.4.4.3.2 India: Battery Metals Market, by Application

9.4.4.4 Japan: Battery Metals Market –Analysis and Forecast to 2028 (US$ Million)

9.4.4.4.1 Japan: Battery Metals Market, By Type

9.4.4.4.2 Japan: Battery Metals Market, by Application

9.4.4.5 South Korea: Battery Metals Market –Analysis and Forecast to 2028 (US$ Million)

9.4.4.5.1 South Korea: Battery Metals Market, By Type

9.4.4.5.2 South Korea: Battery Metals Market, by Application

9.4.4.6 Rest of Asia-Pacific: Battery Metals Market –Analysis and Forecast to 2028 (US$ Million)

9.4.4.6.1 Rest of Asia-Pacific: Battery Metals Market, By Type

9.4.4.6.2 Rest of Asia-Pacific: Battery Metals Market, by Application

9.5 Middle East and Africa: Battery Metals Market

9.5.1 Middle East and Africa: Battery metals Market –Revenue and Forecast to 2028 (US$ Million)

9.5.2 Middle East and Africa: Battery metals Market, By Type

9.5.3 Middle East and Africa: Battery metals Market, by Application

9.5.4 Middle East and Africa: Battery metals Market, by Key Country

9.5.4.1 South Africa: Battery metals Market –Revenue and Forecast to 2028 (US$ Million)

9.5.4.1.1 South Africa: Battery metals Market, By Type

9.5.4.1.2 South Africa: Battery metals Market, by Application

9.5.4.2 Saudi Arabia: Battery metals Market –Revenue and Forecast to 2028 (US$ Million)

9.5.4.2.1 Saudi Arabia: Battery metals Market, By Type

9.5.4.2.2 Saudi Arabia: Battery metals Market, by Application

9.5.4.3 UAE: Battery metals Market –Revenue and Forecast to 2028 (US$ Million)

9.5.4.3.1 UAE: Battery metals Market, By Type

9.5.4.3.2 UAE: Battery metals Market, by Application

9.5.4.4 Rest of MEA: Battery metals Market –Revenue and Forecast to 2028 (US$ Million)

9.5.4.4.1 Rest of MEA: Battery metals Market, By Type

9.5.4.4.2 Rest of MEA: Battery metals Market, by Application

9.6 South and Central America: Battery metals Market

9.6.1 South and Central America: Battery metals Market –Revenue and Forecast to 2028 (US$ Million)

9.6.2 South and Central America: Battery metals Market, By Type

9.6.3 South and Central America: Battery metals Market, by Application

9.6.4 South and Central America: Battery metals Market, by Key Country

9.6.4.1 Brazil: Battery metals Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.1.1 Brazil: Battery metals Market, By Type

9.6.4.1.2 Brazil: Battery metals Market, by Application

9.6.4.2 Argentina: Battery metals Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.2.1 Argentina: Battery metals Market, By Type

9.6.4.2.2 Argentina: Battery metals Market, by Application

9.6.4.3 Rest of South and Central America: Battery metals Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.3.1 Rest of South and Central America: Battery metals Market, By Type

9.6.4.3.2 Rest of South and Central America: Battery metals Market, by Application

10. Impact of COVID-19

10.1 Overview – Impact of COVID-19

10.2 Impact of COVID-19 on Battery Metals Market

10.3 North America: Impact Assessment of COVID-19 Pandemic

10.4 Europe: Impact Assessment of COVID-19 Pandemic

10.5 Asia Pacific: Impact Assessment of COVID-19 Pandemic

10.6 Middle East and Africa: Impact Assessment of COVID-19 Pandemic

10.7 South America: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

11.4 Merger and Acquisition

12. Company Profiles

12.1 Albemarle Corporation

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Bolt Metals Corp.

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Ganfeng Lithium Co.,Ltd.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Umicore

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 LG Chem

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Honjo Metal Co., Ltd.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Vale

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Lithium Australia NL

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 BASF SE

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 Metso Outotec

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES.

Table 1. Battery Metals Market –Revenue and Forecast to 2028 (US$ Mn)

Table 2. Global Battery Metals Market, by Type– Revenue and Forecast to 2028 (US$ Million)

Table 3. Global Battery Metals Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4. North America Battery Metals Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 5. North America Battery Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 6. US Battery Metals Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 7. US Battery Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 8. Canada Battery Metals Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 9. Canada Battery Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 10. Mexico Battery Metals Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 11. Mexico Battery Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 12. Europe Battery Metals Market, By Type– Revenue and Forecast to 2028 (USD Million)

Table 13. Europe Battery Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 14. Germany Battery Metals Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 15. Germany Battery Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 16. France Battery Metals Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 17. France Battery Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 18. Italy Battery Metals Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 19. Italy Battery Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 20. UK Battery Metals Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 21. UK Battery Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 22. Russia Battery Metals Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 23. Russia Battery Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 24. Rest of Europe Battery Metals Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 25. Rest of Europe Battery Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 26. Asia-Pacific Battery Metals Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 27. Asia-Pacific Battery Metals Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 28. Australia Battery Metals Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 29. Australia Battery Metals Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 30. China Battery Metals Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 31. China Battery Metals Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 32. India Battery Metals Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 33. India Battery Metals Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 34. Japan Battery Metals Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 35. Japan Battery Metals Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 36. South Korea Battery Metals Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 37. South Korea Battery Metals Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 38. Rest of Asia-Pacific Battery Metals Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 39. Rest of Asia-Pacific Battery Metals Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 40. Middle East and Africa Battery metals Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 41. Middle East and Africa Battery metals Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 42. South Africa Battery metals Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 43. South Africa Battery metals Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 44. Saudi Arabia Battery metals Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 45. Saudi Arabia Battery metals Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 46. UAE Battery metals Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 47. UAE Battery metals Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 48. Rest of MEA Battery metals Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 49. Rest of MEA Battery metals Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 50. South and Central America Battery metals Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 51. South and Central America Battery metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 52. Brazil Battery metals Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 53. Brazil Battery metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 54. Argentina Battery metals Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 55. Argentina Battery metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 56. Rest of South and Central America Battery metals Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 57. Rest of South and Central America Battery metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 58. Glossary of Terms, Global Battery Metals Market

The List of Companies - Battery Metals Market

1. Albemarle Corporation

2. Bolt Metals

3. Ganfeng Lithium Co.,Ltd.

4. Umicore

5. LG Chem

6. Honjo Metal Co., Ltd.

7. Vale

8. Lithium Australia NL

9. BASF SE

10. Metso Outotec

Reason To Buy

• Highlights key business priorities in order to assist companies to realign their business strategies.

• The key findings and recommendations highlight crucial progressive industry trends in the global battery metals market, thereby allowing players to develop effective long-term strategies.

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

• Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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