Cathode Materials Market By Reports And Data
                     Cathode Materials 
Market To Reach 
USD 26.61 Billion 
By 2026
Market Summary
Increase in demand for electric vehicles and growing demand for consumer electronics 
are propelling the market growth.
Market Size – USD 16.38 Billion in 2018, Market Growth - CAGR of 6.3%, Market Trends 
– High demand for lithium-ion cathode technology in renewable energy industries.
The global cathode materials market is forecast to reach USD 26.61 Billion by 2026, 
according to a new report by Reports and Data. Cathode materials are vital 
components of any general battery which finds various applications in consumer 
electronics, automotive, aerospace, and power tools among other industries. Owing to 
the changing trends in the electronics industry, coupled with growing laptop & cell 
phones in the market, the critical application of cathode materials are found to be in 
smart devices.
Market Summary
Further key findings from the report suggest
• The lithium-ion battery type held the largest market share of 50.3% in the year 2018. This due to the growing 
trend for the adoption of electric vehicles where lithium-ion batteries are extensively used to propel the 
motor.
• Consumer electronics segment is forecasted to grow with the highest CAGR of 6.8% during the forecast 
period. High demand for cell phones, laptops, televisions, and digital cameras from the consumers are 
fueling the market growth for cathode materials.
• The Asia Pacific region held the largest market share of 58.5% in the year 2018. The market is shifting 
towards the adaptation of battery propelled vehicles such as BEVs, PHEVs, or HEVs due to carbon dioxide 
emission regulations and government subsidies. The growing population and the increasing consumer 
electronics appliances in the region are further driving the market for cathode materials.
• Lead dioxide material segment is forecasted to grow with the highest CAGR of 6.8% during the forecast 
period. The growth is due to the increasing production of two-wheelers, commercial vehicles, and passenger 
cars, along with growing demand for industrial energy storage systems.
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Market Summary
Key players Umicore, 3M, Mitsubishi Chemical Holdings, POSCO, Johnson Matthey, Hitachi Chemical, Kureha, 
Sumitomo, Toda Kogyo, and Mitsui Mining & Smelting among others.
Segmentation:
For the purpose of this report, Reports and Data have segmented into the global Cathode Materials market on 
the basis of battery type, materials, end-use industries, and region:
Battery Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
Lead-Acid
• Lithium-Ion
• Others
Materials Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
• Lithium Iron Phosphate
• Lithium Cobalt Oxide
• Lithium-Nickel Manganese Cobalt
• Lead Dioxide
• Others
Market Summary
Applications Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
• Automotive
• Consumer Electronics
• Power Tools
• Energy System Storage
• Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
• North America
• Europe
• Asia Pacific
• MEA
• Latin America
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