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Lithium-ion Battery Cathode Market Size Worth $12.77 Billion By 2027 | CAGR: 12.4% | Polaris Market ResearchNEW YORK, Jan. 11, 2021 /PRNewswire/ -- The global lithium-ion battery cathode market size is expected to reach USD 12.77 billion by 2027 according to a new study conducted by Polaris Market Research the market is anticipated to register a 12.4% from 2020 to 2027. Increasing use of lithium-ion battery cathode in energy storage systems, rising demand for electric vehicles, and growing industrialization worldwide are anticipated to drive the market growth. In addition to this, the enhanced compatibility and reliability of lithium-ion batteries and their increasing applications across different industry verticals are expected to propel the growth of the market. Moreover, the rising demand for such batteries in consumer electronics such as tablets, digital cameras, and smartphones is further creating new growth avenues. A growing trend for the utilization of cost-effective batteries across different industries such as gas, oil, and renewable is one of the key factors responsible for the substantial growth of the market.  Request for a sample report : https://www.polarismarketresearch.com/industry-analysis/lithium-ion-battery-cathode-market/request-for-sample Key Findings for Lithium-Ion Battery Cathode Market
Regional Outlook & Growth Analysis: The Asia Pacific is projected to lead the lithium-ion battery cathodes market owing to rapidly growing industrialization and increasing demand for end-use industries. There are several leading manufacturers present in the region that are constantly working to bring quality products to attract more consumers. North America region is also predicted to witness substantial growth owing to increasing government policies for enhancing vehicle fuel efficiency. In addition to this, growing efforts from manufacturers to lwer down the manufacturing costs of lithium-ion batteries has resulted in cost-effective offerings for the consumers. Get Full Research Summary on "Lithium-Ion Battery Cathode Market" : https://www.polarismarketresearch.com/industry-analysis/lithium-ion-battery-cathode-market Competitive Insight: The next area of innovation for li-ion batteries is grid-scale battery installations to improve their energy storage capability. This can lead to improving the energy density of lithium batteries in comparison to other rechargeable batteries, which ultimately translates into reduced weight and size and improved energy storing capability of the batteries. Companies such as BASF SE, Umicore SA, Sumitomo Chemicals, 3M Company, Hitachi Chemical Co., Ltd., LG Chem Ltd., Samsung SDI, Mitsubishi Chemical Holdings Corp, NICHIA Corporation, Fujitsu Limited, NEI Corporation, and Targray Technology International Inc. are few key players operating in the market. Target Audience: Supply Side: Manufacturer, distributor, and supplier of lithium-ion battery cathode Demand Side: Automotive Industry, Consumer Electronics, Mining Operations Regulatory Side: Pipeline and Hazardous Materials Safety Administration (PHMSA) Have Any Query Or Specific Requirement? Feel Free To Ask Our Industry Experts At : https://www.polarismarketresearch.com/industry-analysis/lithium-ion-battery-cathode-market/speak-to-analyst Polaris Market Research has segmented the lithium-ion battery cathode market report on the basis of chemical composition, cell type, end-use, and region Lithium-ion Battery Cathode by Chemical Composition Outlook (Revenue – USD Million, 2016 – 2027)
Lithium-ion Battery Cathode by Cell Type Outlook (Revenue – USD Million, 2016 – 2027)
Lithium-ion Battery Cathode by End-Use Outlook (Revenue – USD Million, 2016 – 2027)
Lithium-ion Battery Cathode by Regional Outlook (Revenue – USD Million, 2016 – 2027)
List of Key Players of Lithium-ion Battery Cathode Market
Find more research reports on Chemicals and Materials Industry by PMR Composite Packaging Market Share, Size, Trends, Industry Analysis Report By Type (Plastic, Paper, Cardboard); By Application (Food And Beverage Industry, Plastic Goods Industry, Healthcare Industry, Consumer Goods), By Regions - Segment Forecast, 2020 – 2026 Lithium-Ion Battery Market Share, Size, Trends, Industry Analysis Report, By Product Type (LCO, LMO, LFP, NCA, Lithium Nickel Manganese Cobalt, Lithium Titanate); By Cell Type (Cylindrical, Prismatic, Pouch); By Battery Capacity; By End Use; By Regions - Segment Forecast, 2020 – 2027 About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Contact Us: Likhil G
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