Lithium-ion Battery Cathode Market Estimated to Attain Significant Value Shares
Posted by Arslan on March 18th, 2020
The lithium-ion battery cathode market operates amid a high degree of consolidation with only a handful of players operating in the top tier. The leading players accounting for ~50% of the total Lithium-ion Battery Cathode Market shares, include Umicore SA, BASF SE, and Sumitomo Chemicals.
Leading players operating in the lithium-ion battery cathode market continue to exploit strategic merger and acquisition activities to broaden their exposure in overseas territories. While these players continue to strenuously focus on expansion of their production capacities, new investments will remain of paramount importance for them. For instance, in November 2018, BASF SE declared its plans to refocus efforts on the manufacturing of NMC cathode material that comprises 70% manganese, 20% nickel, and less than 5% cobalt.
In a bid to recognize the growth prospects in the lithium-ion battery cathode market, the market study has been geographically fragmented into important regions that are progressing faster than the overall market. Each segment of the lithium-ion battery cathode market has been individually analyzed on the basis of pricing, distribution, and demand prospect for the following regions:
Each market player encompassed in the lithium-ion battery cathode market study is assessed according to its market share, production footprint, current launches, agreements, ongoing R&D projects, and business tactics. In addition, the lithium-ion battery cathode market study scrutinizes the strengths, weaknesses, opportunities and threats (SWOT) analysis.
What insights readers can gather from the lithium-ion battery cathode market report?
The lithium-ion battery cathode market report answers the following queries:
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About the AuthorArslan
Joined: December 18th, 2017
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