Nickel-Manganese-Cobalt Oxide (NMC) powder is one of the most widely used cathode materials for lithium-ion batteries due to its high energy density, stable cycling performance, and versatility across electric vehicles (EVs), energy storage systems, and consumer electronics. In 2025, global production of NMC powder continues to expand rapidly, driven by increasing EV adoption, government incentives for clean energy, and growing demand for high-performance batteries. Asia, particularly China, South Korea, and Japan, remains the dominant production hub, while North America and Europe are accelerating capacity expansions to meet rising domestic demand and reduce reliance on imports.