Report Detail
Global Lithium Nickel Manganese Cobalt Oxide (NMC) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
- RnM4639725 |
- 24 October, 2025 |
- Global |
- 117 Pages |
- GIR |
- Chemical & Material
According to our (Global Info Research) latest study, the global Lithium Nickel Manganese Cobalt Oxide (NMC) market size was valued at US$ 1688 million in 2024 and is forecast to a readjusted size of USD 2075 million by 2031 with a CAGR of 3.0% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Lithium nickel cobalt manganese Oxide short form: NMC (NCM, CMN, CNM, MNC, MCN similar with different metal combinations) is kind of anode materials, which is mainly used to manufacture energy cells or power cells. This materials combines the lithium cobalt oxide is known for its high specific energy but poor stability; lithium manganese oxide has the benefit of forming a spinel structure to achieve low internal resistance but offers a low specific energy. Lithium nickel cobalt manganese oxide combining the metals enhances each other strengths.
Global Lithium Nickel Cobalt Manganese Oxide key players include Umicore, NICHIA CORPORATION, Tanaka Chemical, L and F, 3M, etc. Global top five players hold a share about 35%.
China is the largest market, with a share about 35%, followed by South Korea and Japan, having a total share about 50 percent.
In terms of product, NMC111 is the largest segment, with a share about 46%. And in terms of application, the largest application is Battery materials for small mobile devices, followed by Battery materials for EV of Large-scale LIB.
This report is a detailed and comprehensive analysis for global Lithium Nickel Manganese Cobalt Oxide (NMC) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Lithium Nickel Manganese Cobalt Oxide (NMC) market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031
Global Lithium Nickel Manganese Cobalt Oxide (NMC) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031
Global Lithium Nickel Manganese Cobalt Oxide (NMC) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031
Global Lithium Nickel Manganese Cobalt Oxide (NMC) market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (US$/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Lithium Nickel Manganese Cobalt Oxide (NMC)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Lithium Nickel Manganese Cobalt Oxide (NMC) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include American Elements, Cobalt Institute, Hunter Chemical, Acialloys, Edge-tech, Chemical Store, Allan Chemical, Noah Tech, Brunp Recycling, Easpring Material Tech, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Lithium Nickel Manganese Cobalt Oxide (NMC) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
2N
3N
4N
5N
Market segment by Application
Battery
Chemical Industry
Major players covered
American Elements
Cobalt Institute
Hunter Chemical
Acialloys
Edge-tech
Chemical Store
Allan Chemical
Noah Tech
Brunp Recycling
Easpring Material Tech
Green Eco-Manufacture
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Lithium Nickel Manganese Cobalt Oxide (NMC) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Lithium Nickel Manganese Cobalt Oxide (NMC), with price, sales quantity, revenue, and global market share of Lithium Nickel Manganese Cobalt Oxide (NMC) from 2020 to 2025.
Chapter 3, the Lithium Nickel Manganese Cobalt Oxide (NMC) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Lithium Nickel Manganese Cobalt Oxide (NMC) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Lithium Nickel Manganese Cobalt Oxide (NMC) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Lithium Nickel Manganese Cobalt Oxide (NMC).
Chapter 14 and 15, to describe Lithium Nickel Manganese Cobalt Oxide (NMC) sales channel, distributors, customers, research findings and conclusion.
1 Market Overview
- 1.1 Product Overview and Scope
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Lithium Nickel Manganese Cobalt Oxide (NMC) Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 2N
- 1.3.3 3N
- 1.3.4 4N
- 1.3.5 5N
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Lithium Nickel Manganese Cobalt Oxide (NMC) Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Battery
- 1.4.3 Chemical Industry
- 1.5 Global Lithium Nickel Manganese Cobalt Oxide (NMC) Market Size & Forecast
- 1.5.1 Global Lithium Nickel Manganese Cobalt Oxide (NMC) Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity (2020-2031)
- 1.5.3 Global Lithium Nickel Manganese Cobalt Oxide (NMC) Average Price (2020-2031)
2 Manufacturers Profiles
- 2.1 American Elements
- 2.1.1 American Elements Details
- 2.1.2 American Elements Major Business
- 2.1.3 American Elements Lithium Nickel Manganese Cobalt Oxide (NMC) Product and Services
- 2.1.4 American Elements Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.1.5 American Elements Recent Developments/Updates
- 2.2 Cobalt Institute
- 2.2.1 Cobalt Institute Details
- 2.2.2 Cobalt Institute Major Business
- 2.2.3 Cobalt Institute Lithium Nickel Manganese Cobalt Oxide (NMC) Product and Services
- 2.2.4 Cobalt Institute Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.2.5 Cobalt Institute Recent Developments/Updates
- 2.3 Hunter Chemical
- 2.3.1 Hunter Chemical Details
- 2.3.2 Hunter Chemical Major Business
- 2.3.3 Hunter Chemical Lithium Nickel Manganese Cobalt Oxide (NMC) Product and Services
- 2.3.4 Hunter Chemical Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.3.5 Hunter Chemical Recent Developments/Updates
- 2.4 Acialloys
- 2.4.1 Acialloys Details
- 2.4.2 Acialloys Major Business
- 2.4.3 Acialloys Lithium Nickel Manganese Cobalt Oxide (NMC) Product and Services
- 2.4.4 Acialloys Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.4.5 Acialloys Recent Developments/Updates
- 2.5 Edge-tech
- 2.5.1 Edge-tech Details
- 2.5.2 Edge-tech Major Business
- 2.5.3 Edge-tech Lithium Nickel Manganese Cobalt Oxide (NMC) Product and Services
- 2.5.4 Edge-tech Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.5.5 Edge-tech Recent Developments/Updates
- 2.6 Chemical Store
- 2.6.1 Chemical Store Details
- 2.6.2 Chemical Store Major Business
- 2.6.3 Chemical Store Lithium Nickel Manganese Cobalt Oxide (NMC) Product and Services
- 2.6.4 Chemical Store Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.6.5 Chemical Store Recent Developments/Updates
- 2.7 Allan Chemical
- 2.7.1 Allan Chemical Details
- 2.7.2 Allan Chemical Major Business
- 2.7.3 Allan Chemical Lithium Nickel Manganese Cobalt Oxide (NMC) Product and Services
- 2.7.4 Allan Chemical Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.7.5 Allan Chemical Recent Developments/Updates
- 2.8 Noah Tech
- 2.8.1 Noah Tech Details
- 2.8.2 Noah Tech Major Business
- 2.8.3 Noah Tech Lithium Nickel Manganese Cobalt Oxide (NMC) Product and Services
- 2.8.4 Noah Tech Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.8.5 Noah Tech Recent Developments/Updates
- 2.9 Brunp Recycling
- 2.9.1 Brunp Recycling Details
- 2.9.2 Brunp Recycling Major Business
- 2.9.3 Brunp Recycling Lithium Nickel Manganese Cobalt Oxide (NMC) Product and Services
- 2.9.4 Brunp Recycling Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.9.5 Brunp Recycling Recent Developments/Updates
- 2.10 Easpring Material Tech
- 2.10.1 Easpring Material Tech Details
- 2.10.2 Easpring Material Tech Major Business
- 2.10.3 Easpring Material Tech Lithium Nickel Manganese Cobalt Oxide (NMC) Product and Services
- 2.10.4 Easpring Material Tech Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.10.5 Easpring Material Tech Recent Developments/Updates
- 2.11 Green Eco-Manufacture
- 2.11.1 Green Eco-Manufacture Details
- 2.11.2 Green Eco-Manufacture Major Business
- 2.11.3 Green Eco-Manufacture Lithium Nickel Manganese Cobalt Oxide (NMC) Product and Services
- 2.11.4 Green Eco-Manufacture Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.11.5 Green Eco-Manufacture Recent Developments/Updates
3 Competitive Environment: Lithium Nickel Manganese Cobalt Oxide (NMC) by Manufacturer
- 3.1 Global Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity by Manufacturer (2020-2025)
- 3.2 Global Lithium Nickel Manganese Cobalt Oxide (NMC) Revenue by Manufacturer (2020-2025)
- 3.3 Global Lithium Nickel Manganese Cobalt Oxide (NMC) Average Price by Manufacturer (2020-2025)
- 3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Lithium Nickel Manganese Cobalt Oxide (NMC) by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Lithium Nickel Manganese Cobalt Oxide (NMC) Manufacturer Market Share in 2024
- 3.4.3 Top 6 Lithium Nickel Manganese Cobalt Oxide (NMC) Manufacturer Market Share in 2024
- 3.5 Lithium Nickel Manganese Cobalt Oxide (NMC) Market: Overall Company Footprint Analysis
- 3.5.1 Lithium Nickel Manganese Cobalt Oxide (NMC) Market: Region Footprint
- 3.5.2 Lithium Nickel Manganese Cobalt Oxide (NMC) Market: Company Product Type Footprint
- 3.5.3 Lithium Nickel Manganese Cobalt Oxide (NMC) Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Lithium Nickel Manganese Cobalt Oxide (NMC) Market Size by Region
- 4.1.1 Global Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity by Region (2020-2031)
- 4.1.2 Global Lithium Nickel Manganese Cobalt Oxide (NMC) Consumption Value by Region (2020-2031)
- 4.1.3 Global Lithium Nickel Manganese Cobalt Oxide (NMC) Average Price by Region (2020-2031)
- 4.2 North America Lithium Nickel Manganese Cobalt Oxide (NMC) Consumption Value (2020-2031)
- 4.3 Europe Lithium Nickel Manganese Cobalt Oxide (NMC) Consumption Value (2020-2031)
- 4.4 Asia-Pacific Lithium Nickel Manganese Cobalt Oxide (NMC) Consumption Value (2020-2031)
- 4.5 South America Lithium Nickel Manganese Cobalt Oxide (NMC) Consumption Value (2020-2031)
- 4.6 Middle East & Africa Lithium Nickel Manganese Cobalt Oxide (NMC) Consumption Value (2020-2031)
5 Market Segment by Type
- 5.1 Global Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity by Type (2020-2031)
- 5.2 Global Lithium Nickel Manganese Cobalt Oxide (NMC) Consumption Value by Type (2020-2031)
- 5.3 Global Lithium Nickel Manganese Cobalt Oxide (NMC) Average Price by Type (2020-2031)
6 Market Segment by Application
- 6.1 Global Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity by Application (2020-2031)
- 6.2 Global Lithium Nickel Manganese Cobalt Oxide (NMC) Consumption Value by Application (2020-2031)
- 6.3 Global Lithium Nickel Manganese Cobalt Oxide (NMC) Average Price by Application (2020-2031)
7 North America
- 7.1 North America Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity by Type (2020-2031)
- 7.2 North America Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity by Application (2020-2031)
- 7.3 North America Lithium Nickel Manganese Cobalt Oxide (NMC) Market Size by Country
- 7.3.1 North America Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity by Country (2020-2031)
- 7.3.2 North America Lithium Nickel Manganese Cobalt Oxide (NMC) Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
- 8.1 Europe Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity by Type (2020-2031)
- 8.2 Europe Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity by Application (2020-2031)
- 8.3 Europe Lithium Nickel Manganese Cobalt Oxide (NMC) Market Size by Country
- 8.3.1 Europe Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Lithium Nickel Manganese Cobalt Oxide (NMC) Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
- 9.1 Asia-Pacific Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity by Type (2020-2031)
- 9.2 Asia-Pacific Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity by Application (2020-2031)
- 9.3 Asia-Pacific Lithium Nickel Manganese Cobalt Oxide (NMC) Market Size by Region
- 9.3.1 Asia-Pacific Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Lithium Nickel Manganese Cobalt Oxide (NMC) Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
- 10.1 South America Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity by Type (2020-2031)
- 10.2 South America Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity by Application (2020-2031)
- 10.3 South America Lithium Nickel Manganese Cobalt Oxide (NMC) Market Size by Country
- 10.3.1 South America Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity by Country (2020-2031)
- 10.3.2 South America Lithium Nickel Manganese Cobalt Oxide (NMC) Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
- 11.1 Middle East & Africa Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity by Type (2020-2031)
- 11.2 Middle East & Africa Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity by Application (2020-2031)
- 11.3 Middle East & Africa Lithium Nickel Manganese Cobalt Oxide (NMC) Market Size by Country
- 11.3.1 Middle East & Africa Lithium Nickel Manganese Cobalt Oxide (NMC) Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Lithium Nickel Manganese Cobalt Oxide (NMC) Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
- 12.1 Lithium Nickel Manganese Cobalt Oxide (NMC) Market Drivers
- 12.2 Lithium Nickel Manganese Cobalt Oxide (NMC) Market Restraints
- 12.3 Lithium Nickel Manganese Cobalt Oxide (NMC) Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Lithium Nickel Manganese Cobalt Oxide (NMC) and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Lithium Nickel Manganese Cobalt Oxide (NMC)
- 13.3 Lithium Nickel Manganese Cobalt Oxide (NMC) Production Process
- 13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Lithium Nickel Manganese Cobalt Oxide (NMC) Typical Distributors
- 14.3 Lithium Nickel Manganese Cobalt Oxide (NMC) Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on Lithium Nickel Manganese Cobalt Oxide (NMC). Industry analysis & Market Report on Lithium Nickel Manganese Cobalt Oxide (NMC) is a syndicated market report, published as Global Lithium Nickel Manganese Cobalt Oxide (NMC) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Lithium Nickel Manganese Cobalt Oxide (NMC) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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