代替カソード材料の世界市場- 世界および地域別分析：バッテリータイプ別、エンドユーザー別、材料タイプ別、国別 - 分析と予測（2023年～2032年）

世界の代替カソード材料の市場規模は2022年に277億7,000万米ドルとなりました。

同市場は、予測期間の2023年～2032年に6.20%のCAGRで拡大し、2032年には501億9,000万米ドルに達すると予測されています。同市場の成長は、より高いエネルギー密度を持つリチウム電池に対する需要の高まりが原動力になるとみられます。さらに、代替カソード材料のコストが低いことが、市場の成長をさらに促進すると予想されます。

主要市場統計
予測期間	2023年～2032年
2023年評価	292億1,000万米ドル
2032年予測	501億9,000万米ドル
CAGR	6.2%

代替カソード材料は、エネルギー貯蔵に革命を起こし、世界に持続可能な電力を供給するという現在進行中の探求における先駆者として立ちはだかる。その意義は、電池の中核を再定義することにあり、電気自動車、再生可能エネルギー貯蔵、携帯電子機器など多様な分野での進歩を推進しています。従来のリチウムイオン正極とは異なるこれらの材料は、エネルギー貯蔵の展望を再定義しうる有望な特性を備えています。

このような代替カソード材料の追求は、単なる科学的・技術的努力ではなく、世界の協調的努力であり、多くの場合、政府のイニシアチブと研究機関によって支えられています。政府のプログラムは、この分野の技術革新を推進する上で極めて重要な役割を果たしており、資金提供、協力、規制支援を通じて研究開発を促進しています。エネルギー省のARPA-Eや米国のBattery500コンソーシアムのようなイニシアチブは、代替カソード材料の調査を含め、電池技術の進歩において極めて重要です。これらのプログラムは、学術界と正極材業界が革新的な電池技術を掘り下げていく上で、極めて重要な財政的支援、リソース、共同プラットフォームを提供するものです。これらのプログラムは、理論的探求と実用化のギャップを埋め、持続可能なエネルギーソリューションの開発を加速するのに役立ちます。

これらの代替カソード材料の変革の可能性は、単に電池の性能を向上させるだけにとどまりません。その実現に成功すれば、エネルギー貯蔵技術が環境に与える影響を大幅に減らすことができます。希少材料や環境負荷の高い材料への依存を減らすことで、これらの進歩はより持続可能なエネルギーの未来への道を開くことができます。この転換は、特に運輸部門において、二酸化炭素排出量の削減と気候変動との闘いを目指す世界のイニシアティブと一致します。これらの代替カソード材料を利用した電池を動力源とする電気自動車は、温室効果ガスの排出を削減し、化石燃料への依存度を下げることが期待されています。

当レポートでは、世界の代替カソード材料市場について調査し、市場の概要とともに、バッテリータイプ別、エンドユーザー別、材料タイプ別、国別の動向、および市場に参入する企業のプロファイルなどを提供しています。

目次

第1章 市場

• 業界の見通し
• ビジネスダイナミクス
• カソード材料の採掘
• さまざまなカソードタイプの使用例
• 主要なバッテリーミネラルの比較分析
• 分析：代替カソード材料が必要なのはなぜか

第2章 用途

• 代替カソード材料市場（用途別）：仕様と需要分析
  • 代替カソード材料市場（バッテリータイプ別）
  • 代替カソード材料市場（エンドユーザー別）

第3章 製品

• 代替カソード材料市場（製品別）：仕様と需要分析
  • 代替カソード材料市場（材料タイプ別）
• 製品ベンチマーク：成長率- 市場シェアマトリックス
  • 機会マトリックス（地域別）
  • 機会マトリックス（バッテリータイプ別）
• 主要な特許のマッピング
• 世界価格のスナップショット

第4章 地域

• 北米
• 欧州
• アジア太平洋と日本
• その他の地域

第5章 市場-競合ベンチマーキングと企業プロファイル

• 競合ベンチマーキング
• 市場参入企業のランキング
• 企業プロファイル
  • NEI Corporation
  • Targray
  • Mitsubishi Electric Corporation
  • BASF SE
  • Nippon Chemical Industrial CO., LTD.
  • LG Chem
  • POSCO
  • American Elements
  • Johnson Matthey
  • Umicore N.V.

第6章 調査手法

List of Figures

• Figure 1: Alternative Cathode Material Market, $Billion, 2022-2032
• Figure 2: Alternative Cathode Material Market (by Battery Type), $Billion, 2022-2032
• Figure 3: Alternative Cathode Material Market (by End User), $Billion, 2022-2032
• Figure 4: Alternative Cathode Material Market (by Material Type), $Billion, 2022-2032
• Figure 5: Alternative Cathode Material Market (by Region), $Billion, 2022
• Figure 6: Global Alternative Cathode Material Market
• Figure 7: Alternative Cathode Material Market Supply Chain
• Figure 8: Alternative Cathode Material Market, Opportunity Matrix (by Region), $Billion
• Figure 9: Alternative Cathode Material Market, Opportunity Matrix (by battery Type), $Billion
• Figure 10: Alternative Cathode Material Market (by Material Type), Global Pricing Snapshot, $U.S./Kg, 2022-2032
• Figure 11: Global Competitive Benchmarking, 2022
• Figure 12: NEI Corporation: Product Portfolio
• Figure 13: Targray: Product Portfolio
• Figure 14: Mitsubishi Electric Corporation: Product Portfolio
• Figure 15: BASF SE: Product Portfolio
• Figure 16: Nippon Chemical Industrial CO., LTD.: Product Portfolio
• Figure 17: LG Chem: Product Portfolio
• Figure 18: POSCO: Product Portfolio
• Figure 19: American Elements: Product Portfolio
• Figure 20: Johnson Matthey: Product Portfolio
• Figure 21: Umicore N.V.: Product Portfolio
• Figure 22: Data Triangulation
• Figure 23: Top-Down and Bottom-Up Approach

List of Tables

• Table 1: Alternative Cathode Material Market Overview
• Table 2: Key Companies Profiled
• Table 3: Key Consortiums and Associations
• Table 4: Regulatory Bodies
• Table 5: Government Programs
• Table 6: Programs by Research Institutions and Universities
• Table 7: Impact of Business Drivers
• Table 8: Impact of Business Restraints
• Table 9: Impact of Business Opportunities
• Table 10: Comparative Analysis of Key Battery Minerals
• Table 11: Key Patents within the Alternative Cathode Material Market`
• Table 12: Alternative Cathode Material Market (by Region), Kiloton, 2022-2032
• Table 13: Alternative Cathode Material Market (by Region), $Billion, 2022-2032
• Table 14: Alternative Cathode Material Market Player Ranking, 2022

“Global Alternative Cathode Material Market Expected to Reach $50.19 Billion by 2032.”

Global Alternative Cathode Material Market Overview

The global alternative cathode material market was valued at $27.77 billion in 2022, and it is expected to grow with a CAGR of 6.20% during the forecast period 2023-2032 to reach $50.19 billion by 2032. This growth of the alternative cathode material market is likely to be driven by the rising demand for lithium batteries with higher energy densities. Additionally, the lower cost of alternate cathode materials is expected to further propel alternative cathode material market growth.

KEY MARKET STATISTICS
Forecast Period	2023 - 2032
2023 Evaluation	$29.21 Billion
2032 Forecast	$50.19 Billion
CAGR	6.2%

Introduction to Alternative Cathode Material

Alternative cathode materials stand as the vanguards in the ongoing quest to revolutionize energy storage and power the world sustainably. Their significance lies in redefining the core of batteries, propelling advancements in diverse fields such as electric vehicles, renewable energy storage, and portable electronics. These materials, distinct from conventional lithium-ion cathodes, offer promising characteristics that could redefine the landscape of energy storage.

The pursuit of these alternative cathode materials is not just a scientific or technological endeavor; it's a concerted global effort, often supported by government initiatives and research institutions. Government programs play a pivotal role in driving innovation in this domain, fostering research and development through funding, collaboration, and regulatory support. Initiatives such as the Department of Energy's ARPA-E and the Battery500 Consortium in the U.S. are pivotal in advancing battery technologies, including research on alternative cathode materials. They offer crucial financial support, resources, and collaborative platform for academia and cathode material industry to delve into innovative battery technologies. These programs help bridge the gap between theoretical exploration and practical application, accelerating the development of sustainable energy solutions.

The transformative potential of these alternative cathode materials extends far beyond merely enhancing the performance of batteries. Their successful implementation could significantly reduce the environmental impact of energy storage technologies. By diminishing reliance on rare or environmentally impactful materials, these advancements can pave the way for a more sustainable energy future. This shift aligns with global initiatives aimed at reducing carbon emissions and combating climate change, particularly in the transportation sector. Electric vehicles, powered by batteries utilizing these alternative cathode materials, hold the promise of reducing greenhouse gas emissions and lessening the dependency on fossil fuels.

Market Segmentation:

Segmentation 1: by Battery Type

• Lithium-Ion Batteries
• Lead-Acid Batteries
• Others

Lithium-Ion Batteries to Dominate Alternative Cathode Material Market (by Battery Type)

Lithium-ion batteries undeniably maintain a dominant position in the alternative cathode material market across various battery types. Their versatility, established infrastructure, and extensive commercialization make them the cornerstone of the current energy storage landscape. Lithium-ion batteries find application across diverse sectors, such as electric vehicles, consumer electronics, renewable energy storage, and even grid-level energy storage systems. This versatility and widespread adoption have significantly contributed to their dominance in the alternative cathode material market. Within the realm of lithium-ion batteries, various cathode materials are utilized, including lithium nickel manganese cobalt oxide (NMC), lithium iron phosphate (LFP), lithium cobalt oxide (LCO), and lithium manganese oxide (LMO). Each material offers distinct advantages in terms of energy density, cost, safety, and longevity, catering to different applications.

Segmentation 2: by End User

• Automotive
• Consumer Electronics
• Power Tools
• Energy Storage Systems (ESS)
• Others

Automotive to Lead the Alternative Cathode Material Market (by End User)

The automotive sector is indeed positioned as a frontrunner in driving the demand and development of alternative cathode materials. This prominence is primarily attributed to the rapid electrification of the automotive industry, where electric vehicles (EVs) are progressively becoming a mainstream choice, significantly influencing the trajectory of the alternative cathode material market. The automotive industry's transition toward EVs is one of the most significant drivers propelling the demand for advanced cathode materials. Lithium-ion batteries, which heavily rely on cathode materials, are the backbone of electric vehicles. Consequently, the quest for high-energy-density, long-lasting, and cost-effective cathode materials has become pivotal in advancing the capabilities and driving down the costs of these vehicles.

Segmentation 3: by Material Type

• Lithium Nickel Manganese Cobalt Oxide (NMC)
• Lithium Nickel Cobalt Aluminium Oxide (NCA)
• Lithium Iron Phosphate (LFP)
• Lithium Manganese Oxide (LMO)
• Others

Lithium Nickel Manganese Cobalt-Oxide (NMC) to Hold Highest Share in Alternative Cathode Material Market (by Material Type)

Lithium nickel manganese cobalt oxide (NMC) stands poised to claim a significant portion of the alternative cathode material market due to its remarkable blend of characteristics that cater to the demands of various energy storage applications. As an integral part of the lithium-ion family, NMC cathodes are highly versatile and have become a preferred choice for a spectrum of uses, including electric vehicles, grid storage, and portable electronics. NMC's popularity and projected dominance in the market stem from its balanced composition, offering a harmonious mix of high energy density, good cycle life, and thermal stability. This combination addresses critical challenges faced by other cathode materials, such as safety concerns, capacity degradation, and overall performance.

Segmentation 4: by Region

• North America - U.S., Canada, and Mexico
• Europe - Germany, Spain, Poland, Hungary, and Rest-of-Europe
• China
• U.K.
• Asia-Pacific and Japan - Japan, South Korea, and Rest-of-Asia-Pacific
• Rest-of-the-World (ROW)

China's burgeoning dominance in the alternative cathode material market is a testament to its strategic positioning and aggressive investments in the realm of energy storage and battery technology. As the world transitions toward cleaner and more sustainable energy solutions, China has strategically positioned itself to secure a substantial share in the alternative cathode material market. This positioning is primarily attributed to a multifaceted approach that encompasses various critical elements.

At the core of China's supremacy in this domain is its proactive investment in research, development, and infrastructure. The Chinese government has fervently backed initiatives aimed at advancing battery technology. Massive investments in research and development have been channeled toward exploring and refining alternative cathode materials. These efforts are bolstered by a focus on nurturing a robust ecosystem for innovation, bringing together academic research, industrial application, and government support.

Recent Developments in the Global Alternative Cathode Material Market

• In January 2022, NEI Corporation expanded the selection of materials for both lithium-ion and sodium-ion batteries in 2022. The company's expanded offerings included cathode, anode, and solid electrolyte materials. This expansion was in response to the growing demand for these materials as the battery market continues to shift toward lithium-ion and sodium-ion batteries.

• In November 2022, POSCO Chemical constructed the world's largest cathode production plant in Gwangyang, South Korea. With an annual production capacity of 90,000 tons, the plant is expected to play a crucial role in meeting the growing demand for cathode materials, which are essential components of lithium-ion batteries.

• In November 2021, Johnson Matthey announced the commercialization of its high nickel cathode material for the automotive industry. The company's new material, called EBMN 50+, is designed to offer higher energy density and lower cost compared to traditional nickel cobalt manganese (NCM) cathode materials.

Demand - Drivers, Challenges, and Opportunities

Market Drivers: Lower Cost of Alternate Cathode Materials

The low cost of alternative cathode materials is a pivotal factor favoring the shift toward these materials for lithium-ion batteries. Traditional cathode materials such as lithium-cobalt oxide (LiCoO2) and some nickel-rich cathodes are relatively expensive due to the high cost of raw materials, including cobalt and nickel. In contrast, alternative cathode materials, such as lithium iron phosphate (LiFePO4) and lithium manganese oxide (LiMn2O4), often rely on more abundant and cost-effective components. This cost advantage makes alternative cathode materials an attractive option for various applications, from electric vehicles to grid energy storage.

For example, lithium iron phosphate (LiFePO4) stands out as a cost-effective alternative to cobalt-containing cathodes. LiFePO4 cathodes are made from abundant and low-cost iron, reducing the overall battery production costs. In comparison to nickel-cobalt-based cathodes, LiFePO4 cathodes are less expensive and offer a favorable balance between cost and performance. This cost-effectiveness is particularly appealing for electric vehicle manufacturers looking to produce more affordable EVs and pass on cost savings to consumers. In addition, lithium iron phosphate batteries tend to have a longer cycle life, further improving their economic attractiveness in applications requiring extended battery longevity.

Similarly, lithium manganese oxide (LiMn2O4) cathodes offer a cost-effective alternative, as manganese is more readily available and less expensive compared to cobalt and nickel. These cathodes have been employed in various consumer electronics and power tools, where cost considerations are crucial. The reduced reliance on expensive raw materials makes LiMn2O4 cathodes a preferred choice for manufacturers aiming to balance battery performance and cost.

Market Challenges: Limited Commercialization

Limited commercialization is a significant impediment to the growth of alternative cathode materials for lithium-ion batteries due to several key reasons. First, transitioning from traditional cathode materials to alternatives necessitates significant changes in manufacturing processes, which can be costly and time-consuming. Industries that rely heavily on lithium-ion batteries, such as the automotive and consumer electronics sectors, have invested extensively in existing technologies and production infrastructure. Shifting to alternative materials requires retooling manufacturing processes, modifying facilities, and ensuring the reliability of these materials at a commercial scale. These transitions can be challenging and disruptive, often leading manufacturers to approach such changes with caution, as they can disrupt production schedules and increase overall costs. As a result, the slow pace of commercialization inhibits the widespread adoption of alternative cathode materials.

Second, limited commercialization can be a barrier to the acceptance of alternative cathode materials in the market. Manufacturers and end-users often prefer well-established technologies that have a proven track record of reliability and performance. The lack of a significant market presence for alternative materials can create doubts about their long-term performance, safety, and compatibility with existing applications. This lack of trust in unproven technologies can further delay the commercialization process as industries wait for more data and successful case studies before embracing these alternative materials on a broader scale. To overcome this challenge, significant investments in research and development and collaborative efforts between industry stakeholders are necessary to drive the commercialization of alternative cathode materials and facilitate their growth in the lithium-ion battery industry.

Market Opportunities: Improved Performance

Alternative cathode materials for lithium-ion batteries offer the potential for significant improvements in performance over traditional cobalt-based cathodes. Some of the key areas where alternative cathode materials can offer improved performance include:

• Energy density: Alternative cathode materials such as nickel-rich layered oxides (NMC), lithium-rich layered oxides (LMO), and lithium manganese spinel (LMO) can offer higher energy density than cobalt-based cathodes. This means that batteries using these materials can store more energy in the same volume or weight.
• Power density: Alternative cathode materials such as LMO and lithium iron phosphate (LFP) can offer better power density than cobalt-based cathodes. This means that batteries using these materials can deliver more power (i.e., discharge faster) without sacrificing energy density.
• Cycle life: Some alternative cathode materials, such as LFP, can offer better cycle life than cobalt-based cathodes. This means that batteries using these materials can be cycled more times before their capacity degrades.

How can this report add value to an organization?

Product/Innovation Strategy: In the realm of alternative cathode material, technological advancements are transforming agricultural landscapes to create winning products, choose the right unmet needs, target the right customer group, and compete with substitute products. The product segment helps the readers understand the different types of alternative cathode materials. Also, the study provides the readers with a detailed understanding of the global alternative cathode material market based on application and product.

Growth/Marketing Strategy: The alternative cathode material market has witnessed remarkable growth strategies by key players. Business expansions, collaborations, and partnerships have been pivotal. Companies are venturing into global markets, forging alliances, and engaging in research collaborations to enhance their technological prowess. Collaborative efforts between tech companies and agricultural experts are driving the development of cutting-edge monitoring tools. Additionally, strategic joint ventures are fostering the integration of diverse expertise, amplifying the market presence of these solutions. This collaborative approach is instrumental in developing comprehensive, user-friendly, and efficient alternative cathode materials.

Competitive Strategy: In the competitive landscape of alternative cathode material, manufacturers are diversifying their product portfolios to cover various applications. Market segments include battery type, end-user, and material type. Competitive benchmarking illuminates the strengths of market players, emphasizing their unique offerings and regional strengths. Partnerships with research institutions and agricultural organizations are driving innovation.

Methodology

Key Considerations and Assumptions in Market Engineering and Validation

• The scope of this report has been focused on various types of alternative cathode materials.
• The market revenue has been calculated based on global alternative cathode material providers.
• The base currency considered for the market analysis is US$. Currencies other than the US$ have been converted to the US$ for all statistical calculations, considering the average conversion rate for that particular year.
• The currency conversion rate has been taken from the historical exchange rate of the Oanda website.
• Nearly all the recent developments from January 2021 to October 2023 have been considered in this research study.
• The information rendered in the report is a result of in-depth primary interviews, surveys, and secondary analysis.
• Where relevant information was not available, proxy indicators and extrapolation have been employed.
• Any future economic downturn has not been considered for the market estimation and forecast.
• Technologies currently used are expected to persist through the forecast with no major technological breakthroughs.

Primary Research

The primary sources involve alternative cathode material market experts and stakeholders such as data suppliers, platform developers, and service providers. Respondents such as vice presidents, CEOs, marketing directors, and technology and innovation directors have been interviewed to verify this research study's qualitative and quantitative aspects.

The key data points taken from primary sources include:

• validation and triangulation of all the numbers and graphs
• validation of reports segmentation and key qualitative findings
• understanding the competitive landscape
• validation of the numbers of various markets for market type
• percentage split of individual markets for region-wise analysis

Secondary Research

This research study involves the usage of extensive secondary research, directories, company websites, and annual reports. It also makes use of the paid database to collect useful and effective information for an extensive, technical, market-oriented, and commercial study of the global market. In addition to the aforementioned data sources, the study has been undertaken with the help of other data sources published by different associations.

Secondary research was done to obtain crucial information about the industry's value chain, revenue models, the market's monetary chain, the total pool of key players, and the current and potential use cases and applications.

Key Market Players and Competition Synopsis

The featured companies have been meticulously chosen, drawing insights from primary experts and thorough evaluations of company coverage, product offerings, and market presence.

Among the prominent players in the global alternative cathode material market, the public players dominate, commanding approximately 70% of the market share in 2022. The remaining 30% is held by private companies.

Some prominent names established in the global alternative cathode material market are:

Table of Contents

1 Markets

• 1.1 Industry Outlook
  • 1.1.1 Alternative Cathode Material Market: Overview
  • 1.1.2 Trends: Current and Future
    • 1.1.2.1 Reducing Cobalt Content in Cathode Materials
    • 1.1.2.2 Shift to Lithium Iron Phosphate (LFP) Batteries
    • 1.1.2.3 Shift toward Electric Vehicles
  • 1.1.3 Supply Chain Network
    • 1.1.3.1 Mining and Processing
    • 1.1.3.2 Material Production
    • 1.1.3.3 Cathode Production
    • 1.1.3.4 Battery assembly
  • 1.1.4 Ecosystem/Ongoing Programs
    • 1.1.4.1 Consortiums and Associations
    • 1.1.4.2 Regulatory Bodies
    • 1.1.4.3 Government Programs
    • 1.1.4.4 Programs by Research Institutions and Universities
• 1.2 Business Dynamics
  • 1.2.1 Business Drivers
    • 1.2.1.1 Concerns about Cobalt Availability
    • 1.2.1.2 Rising Demand for Lithium-Ion Batteries with Higher Energy Densities
    • 1.2.1.3 Lower Cost of Alternate Cathode Materials
    • 1.2.1.4 Increasing Renewable Energy Integration
  • 1.2.2 Business Challenges
    • 1.2.2.1 Limited Commercialization
    • 1.2.2.2 Supply Chain Uncertainties
    • 1.2.2.3 Regulatory and Safety Concerns
  • 1.2.3 Business Opportunities
    • 1.2.3.1 Improved Performance
    • 1.2.3.2 Demand for Alternative Cathode Materials in Electric Vehicles (EVs) for Higher Range
• 1.3 Mining of Cathode Materials
• 1.4 Use Cases of Various Cathode Types
• 1.5 Comparative Analysis of Key Battery Minerals
• 1.6 Analysis: Why is There a Need for Alternative Cathode Materials?

2 Application

• 2.1 Alternative Cathode Material Market (by Application): Specifications and Demand Analysis
  • 2.1.1 Alternative Cathode Material Market (by Battery Type)
    • 2.1.1.1 Lithium-Ion Batteries
    • 2.1.1.2 Lead-Acid Batteries
    • 2.1.1.3 Others
  • 2.1.2 Alternative Cathode Material Market (by End User)
    • 2.1.2.1 Automotive
    • 2.1.2.2 Consumer Electronics
    • 2.1.2.3 Power Tools
    • 2.1.2.4 Energy Storage Systems (ESS)
    • 2.1.2.5 Others

3 Product

• 3.1 Alternative Cathode Material Market (by Product): Specifications and Demand Analysis
  • 3.1.1 Alternative Cathode Material Market (by Material Type)
    • 3.1.1.1 Lithium-Nickel-Manganese-Cobalt-Oxide (NMC)
    • 3.1.1.2 Lithium Nickel Cobalt Aluminum Oxide (NCA)
    • 3.1.1.3 Lithium-Iron Phosphate (LFP)
    • 3.1.1.4 Lithium-Manganese-Oxide (LMO)
    • 3.1.1.5 Others
• 3.2 Product Benchmarking: Growth Rate - Market Share Matrix
  • 3.2.1 Opportunity Matrix (by Region)
  • 3.2.2 Opportunity Matrix (by Battery Type)
• 3.3 Key Patent Mapping
• 3.4 Global Pricing Snapshot

4 Regions

• 4.1 North America
  • 4.1.1 North America: Country-Level Analysis
    • 4.1.1.1 U.S.
    • 4.1.1.2 Canada
    • 4.1.1.3 Mexico
• 4.2 Europe
  • 4.2.1 Europe: Country-Level Analysis
    • 4.2.1.1 Germany
    • 4.2.1.2 Spain
    • 4.2.1.3 Poland
    • 4.2.1.4 Hungary
    • 4.2.1.5 Rest-of-Europe
• 4.3 U.K.
• 4.4 China
• 4.5 Asia-Pacific and Japan
  • 4.5.1 Asia-Pacific and Japan: Country-Level Analysis
    • 4.5.1.1 Japan
    • 4.5.1.2 South Korea
    • 4.5.1.3 Rest-of-Asia-Pacific and Japan
• 4.6 Rest-of-the-World

5 Markets - Competitive Benchmarking & Company Profiles

• 5.1 Competitive Benchmarking
• 5.2 Market Player Ranking
• 5.3 Company Profiles
  • 5.3.1 NEI Corporation
    • 5.3.1.1 Company Overview
    • 5.3.1.2 Product Portfolio
    • 5.3.1.3 Analyst View
      • 5.3.1.3.1 Regions of Growth
  • 5.3.2 Targray
    • 5.3.2.1 Company Overview
    • 5.3.2.2 Product Portfolio
    • 5.3.2.3 Analyst View
      • 5.3.2.3.1 Regions of Growth
  • 5.3.3 Mitsubishi Electric Corporation
    • 5.3.3.1 Company Overview
    • 5.3.3.2 Product Portfolio
    • 5.3.3.3 Analyst View
      • 5.3.3.3.1 Regions of Growth
  • 5.3.4 BASF SE
    • 5.3.4.1 Company Overview
    • 5.3.4.2 Product Portfolio
    • 5.3.4.3 Analyst View
      • 5.3.4.3.1 Regions of Growth
  • 5.3.5 Nippon Chemical Industrial CO., LTD.
    • 5.3.5.1 Company Overview
    • 5.3.5.2 Product Portfolio
    • 5.3.5.3 Analyst View
      • 5.3.5.3.1 Regions of Growth
  • 5.3.6 LG Chem
    • 5.3.6.1 Company Overview
    • 5.3.6.2 Product Portfolio
    • 5.3.6.3 Analyst View
      • 5.3.6.3.1 Regions of Growth
  • 5.3.7 POSCO
    • 5.3.7.1 Company Overview
    • 5.3.7.2 Product Portfolio
    • 5.3.7.3 Analyst View
      • 5.3.7.3.1 Regions of Growth
  • 5.3.8 American Elements
    • 5.3.8.1 Company Overview
    • 5.3.8.2 Product Portfolio
    • 5.3.8.3 Analyst View
      • 5.3.8.3.1 Regions of Growth
  • 5.3.9 Johnson Matthey
    • 5.3.9.1 Company Overview
    • 5.3.9.2 Product Portfolio
    • 5.3.9.3 Analyst View
      • 5.3.9.3.1 Regions of Growth
  • 5.3.10 Umicore N.V.
    • 5.3.10.1 Company Overview
    • 5.3.10.2 Product Portfolio
    • 5.3.10.3 Analyst View
      • 5.3.10.3.1 Regions of Growth

6 Research Methodology

• 6.1 Data Sources
  • 6.1.1 Primary Data Sources
  • 6.1.2 Secondary Data Sources
  • 6.1.3 Data Triangulation
• 6.2 Market Estimation and Forecast
  • 6.2.1 Factors for Data Prediction and Modeling