Advanced Materials for Advanced Batteries and Fuel Cells: Technologies and Global Markets

NEW YORK, April 3, 2017 /PRNewswire/ -- Use this report to:
- Gain insight into the market dynamics of advanced battery and fuel cell technologies in terms of market value, number of units shipped and types of materials used.
- Identify leading suppliers of advanced battery and fuel cell material, along with summaries of contact information for the battery and fuel cell companies that use these materials.


Read the full report: http://www.reportlinker.com/p02313352/Advanced-Materials-for-Advanced-Batteries-and-Fuel-Cells-Technologies-and-Global-Markets.html


- Understand current scenarios for emerging markets like electric vehicles, combined heat and power units and utility-scale backup power storage

Highlights
- The global market for advanced battery and fuel cell materials reached $22.7 billion in 2016. The market should reach $32.8 billion by 2022, growing at a compound annual growth rate (CAGR) of 7.6% from 2017 to 2022.
- Lead acid battery materials reached $19 billion in 2016. The market should reach $26.9 billion by 2022, growing at a CAGR of 7.3% from 2017 to 2022.
- Llithium-ion battery materials reached $611 million in 2016. The market should reach $893 million by 2022, growing at a CAGR of 8.2% from 2017 to 2022.

Introduction & Scope


INTRODUCTION


STUDY GOALS AND OBJECTIVES
Advanced batteries and fuel cells are used throughout the world to provide power to portable products, portable and stationary power supplies, uninterruptible power systems, military equipment and most recently vehicles. They represent widely used mature markets and emerging (but potentially gigantic) new markets. They have in common a new generation of materials that are mined (like lithium, nickel and natural graphite), compounded (like platinum black and lead alloys and oxides) or even fabricated (like fullerenes, lithium polymers, electrolytic manganese dioxide, artificial graphite, permionic membranes, and ceramic separators and electrodes). A battery has five components: two active elements (a cathode and an anode), a separator, an electrolyte medium for carrying ions between the reactants through the separator, and a container. One reactant or electrode has a net negative charge and is called the anode. The anode material is usually a metallic alloy. In lithium-ion cells the anode consists of an ionic lithium compound, and the other reactant electrode, with a positive charge, is called the cathode. The cathode usually is a metallic compound.

The electrolyte is usually similar to the cathode to promote ion transfer. Finally, the battery is contained in a case that provides dimensional stability and a positive and negative electrode or battery cap for discharging (or recharging) the cell. A number of separate electrochemical cells are combined within the same case to create a battery. Like batteries, fuel cells produce electrical energy through an electrochemical process. Fuel cells also typically have a pair of electrodes and electrolyte, as well as structural supports. Unlike batteries, fuel cells are "conversion" devices that change some kind of chemical fuel into electricity. Fuel cells can't directly store electrical energy, but they have a great deal of flexibility in fuels. Therefore, fuel generation and storage components must be employed, each with their own unique material requirements. Fuel cells also typically require an electrocatalytic material to promote energy conversion. Like batteries, fuel cells can be combined into stacks with an effectively unlimited size.

In both cases, there are hundreds of combinations of possible electrode, electrolyte, separator and electrocatalytic materials, and material selectin plays an important (and often the most important) role in battery and fuel cell design. With this in mind, this BCC Research report examines the global market for advanced battery and fuel cell materials. Each advanced battery and fuel cell material is profiled and analyzed. The report provides an overview of specific advanced battery and fuel cell technologies in terms of market value, number of units shipped and types of materials used. Advanced battery and fuel cell consumption is discussed in terms of how each is used to create various components. An extensive set of advanced battery and fuel cell material supplier profiles is provided, along with a summary of contact information for the battery and fuel cell companies that use these materials.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/advanced-materials-for-advanced-batteries-and-fuel-cells-technologies-and-global-markets-300433662.html

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