DUBLIN--(BUSINESS WIRE)--Jun 5, 2018--The "Cathode Materials Market by Battery Type (Lead-Acid, Lithium-ion), Material (Lithium-Ion (LFP, LCO, NMC, NCA, LMO), Lead-Acid (Lead Dioxide)), and Region (Asia Pacific, North America, Europe, and Row) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The market's growth is propelled by the increase in demand for EVs, strict government mandates on fuel economy, and growing demand for smart devices and other consumer electronics. Reduction in the price of Li-ion batteries has also encouraged automobile manufacturers to invest more in EVs. However, stringent environmental regulations are expected to restrain the growth of the cathode materials market during the forecast period.

The lithium-ion segment is expected to be the fastest-growing battery type segment of the cathode materials market during the forecast period. Automobile manufacturers have started focusing on EVs, as several countries have taken initiatives toward having a greener environment and lowering CO2 emissions. The growing use of EVs and portable electronic devices is likely to drive the lithium-ion cathode materials market during the forecast period.

The cathode materials market is expected to witness the highest growth in the Asia Pacific region during the forecast period. The demand for cathode materials in Asia Pacific is majorly driven by China. Heavy investments in automotive, electronics, and ESS drive the cathode materials market in China. Government support, strong manufacturing base, and growing investment by automotive giants on electric vehicle production have made the country one of the leading cathode material industries across the globe.

Companies Profiled

Umicore 3M Mitsubishi Chemical Holdings Posco Johnson Matthey BASF Hitachi Chemical Kureha Corporation Sumitomo Corporation Mitsui Mining & Smelting Company Showa Denko DOW Chemical Nichia Corporation L&F Pulead Technology Industry Toda Kogyo Corp. Nei Corporation Gravita India

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Battery Materials Market, By Material

7 Cathode Materials Market, By Battery Type

8 Cathode Materials Market, By Region

9 Competitive Landscape

10 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/jx4s6g/global_cathode?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180605005874/en/

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SOURCE: Research and Markets

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PUB: 06/05/2018 06:58 AM/DISC: 06/05/2018 06:58 AM