industry over the forecast period. Moreover the growing automotive industry, aerospace industry in
Asia Pacific would also add to the growth of the battery material market.
North America is largest automotive market and consumer electronic market. The demand for the
battery materials is driven by automotive and the consumer electronics items such as Laptops, mobile
phones, camcorders and tablets. Moreover strict standards set by governments are expected to
promote battery for transportation. There by, driving growth of battery material market. Europe
follows North America. Europe is also driven by high consumer electronics and automotive demands.
The standards set by REACH are expected to increase demand for battery to be used for industrial
purpose. Middle East and Africa region are also expected to experience high demand in the battery
material market owing to growth I demand for electronics, automotive and aerospace. Few players
in the battery materials are Toda Kogyo Corporation, Celgard, LG chem, Kureha corporation, L&F
material co ltd, Umicore, Sumitomo metal, Panasonic corporation, Valence technology Inc, Toda
Kogyo, Celgard, Hitachi Chemicals, Targray, Asahi Kasei Corporation, Ube Industries Limited and BASF.
These companies make high investments on a regular basis to create batteries with long life, high
power density, low cost and environment friendly. Sumitomo metal has planned to boost production
of NCA materials, lithium, nickel and aluminum oxide materials which are used in lithium ion batteries
to supply to Tesla during its model 3 productions. This is the second time when Sumitomo metal has
increased its production to supply to Tesla. The battery materials companies are also working on
technologies which give new life to old batteries.
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Market Segment:
Geographically, this report is segmented into several key Regions, with production, consumption,
revenue (million USD), market share and growth rate of Battery Materials in these regions, from
2012 to 2022 (forecast), covering
• North America
• Europe
• China
• Japan
• Southeast Asia
• India