Lithium Ion Battery Cathodes: Market Shares, Strategies, and Forecasts, Worldwide, 2019 to 2024
Table of Contents
Making the Electric Vehicle Battery Competitive with the Internal
Combustion Engine (ICE)
Abstract: Lithium Ion Battery Cathodes Undergo Rapid Change, Make Electric
Vehicles Less Expensive Than Gas Powered Vehicles 1
Lithium Ion Battery Cathode Executive Summary 18
Lithium-ion Batteries at $100/kWh Make EVs Cheaper Than Traditional GasPowered Vehicles 18
1. Lithium Ion Battery Cathode: Market Description and
Market Dynamics 20
- 1.1 Li-ion Battery Sub-Types 20
- 1.1.1 Nickel Manganese Cobalt 20
2. Lithium Ion Battery Cathode Market Shares and
Forecasts 32
- 2.1 Lithium Ion Battery Cathode Market Driving Forces 32
- 2.2 Lithium Ion Battery Cathode Market Shares 35
- 2.2.1 Sumitomo Monthly Production Structure 40
44
- 2.3 Lithium Ion Battery Cathode Market Forecasts 45
- 2.3.1 Battery Materials Market 47
Ion Battery Cathode Materials-Gn-NMC 68
- 2.8.2 Linicomno2 (NCM) Powder for High Capacity Li-ion Battery Cathode,
(Ni: Co: Mn=1: 1: 1) , Lib-Lncm111 69
- 2.8.3 LiFePO4 Cathode Material CAS 15365-14-7 69
3. Lithium Ion Battery Cathode Product Description 82
- 3.1 Lithium Battery NMC Cathodes 82
- 3.2 Lithium Ion Battery Cathode Market Segment Analysis 83
- 3.2.1 Cost Of Lithium-Ion Battery Cathodes Continues To Decrease 83
84
- 3.2.3 Cathode Market Growth, Tonnes 87
811 91
- 3.2.9 Cathode Segments by NMC, NCM, NMA, LFP, Cobalt LCO, and Specialty
Cathodes, Market Segments 91
- 3.2.10 Cathode Unit Analysis in Tonnes 93
Segment Market Forecasts, 102
- 3.5.2 Cars and Light Truck Electric Vehicle Regional Segment Market
Forecasts 104
- 3.5.3 Cars and Light Truck Electric Vehicle Segment Market Forecasts, Small,
Mid-Size, Luxury. And TaaS, Shipments 106
- 3.5.4 Trucks and Busses Electric Vehicle Market Forecasts 109
4 Lithium Ion Battery Cathode Research and Technology
122
- 4.5 Available Battery Choices: 122
- 4.6 Lithium Cobalt Oxide(LiCoO2) 131
- 4.7 NMC 131
- 4.7.3 Cathode Segments 132
5 Lithium Ion Battery Cathode Company Profiles 139
- 5.5 3M Sells NMC to Umicore 139
- 5.5.3 3M Strategic Relationship with Amperex Technologies for NMC Li-Ion
Cathode Materials 140
- 5.5.4 3M Offered Three Cathode Products 141
Energy’s (DOE) Argonne National Laboratory-Patented NCM Cathode Materials 148
- 5.8.5 BASF and Toda Kogyo 149
License Agreement 174
- 5.17.5 LG Chem Supplies NMC-based Li-ion Cells For Plug-In Vehicles,
Including Chevy Volt 174
- 5.18 Long Power Systems 176
- 5.19 Mitsubishi 176
- 5.20 NEI Corporation 176
- 5.20.3 NEI Cathode & Anode Powders 177
A Controlled Shape 201
- 5.28.7 SMM Flake-like Silver-Coated Copper Powder Characteristics 201
Demand For Electric Vehicles 206
- 5.28.13 SMM Materials Business 207
218
- 5.29 Targray 218
- 5.30 Toda Kogyo 221
- 5.30.3 Toda Kogyo Revenue 222
223
- 5.31 Umicore 224
- 5.31.3 BASF, The World’s Largest Chemical Company, Files a Law Suit Against
Belgium’s Umicore 225
- 5.31.4 3M NMC Powder 226
Including Cathodes 233
- 5.31.10 Umicore Acquires NMC Battery Material Patents from 3M 234
WinterGreen Research, 246
WinterGreen Research Methodology 246
WinterGreen Research Process 248
Market Research Study 248
WinterGreen Research Global Market Intelligence Company 249
LEXINGTON, Massachusetts (January 18, 2019) – WinterGreen Research announces that it has published a new study Lithium Ion Battery Cathode Markets: Market Shares, Strategy, and Forecasts, worldwide, 2019 to 2024. The 2019 study has 250 pages, 119 tables and figures. Worldwide markets are poised to achieve continuing growth as the advantages brought by using new materials are used to decrease the cost of producing lithium ion batteries. The customization achieved by reducing the quantity of cobalt proportionally inside the cathode is a significant market growth driver.
Lithium-ion Batteries at $100/kWh Make EVs Cheaper Than Traditional Gas-Powered Vehicles. As the new cathode technologies are applied to lithium ion batteries, the cost of lithium ion batteries will continue to decrease. Lithium-ion batteries aim to cost $100/kWh, – a cost that makes EVs cheaper than traditional gas-powered vehicles. Companies are targeting between $80/kWh and $100/kWh. Realistically companies will likely approach $100/kWh.
NMC lithium battery cathode materials are used for electric vehicles. As the cathode markets develop toward NMC, it is clear the LFP favored by Chinese manufacturers, not suitable for electric vehicles will lose market share. Current NMC ternary lithium-ion batteries from South Korean and Japanese makers typically employ a ratio of 60% nickel to 20% manganese, and 20% cobalt (6:2:2), but as that ratio moves to 8:1:1 in 2018 and beyond, the cathode is a key element in achieve vast cost efficiencies.
On the basis of product, the market is primarily split into
- Cobalt
- Manganese
- Nickel Cobalt Manganese (NMC)
- Lithium Iron Phosphate (LFP)
Worldwide Lithium Ion Battery cathodes have many applications. On the basis on the end users/application, this report covers
- Electric Vehicles
- Drones, UAV, UUV
- Power Tools
- Smart Phone Equipment
- Consumer Electronics Products
- Other
Worldwide Lithium Ion Battery cathode market at $7 billion market in 2018, is expected to reach $58.8 billion by 2024.
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