Precursor materials are intermediate products with highly uniform distribution of various elements prepared by solution process can be converted into finished products by chemical reaction and play a decisive role in the performance index of finished products. The cathode material is the key material for lithium ion batteries, and the precursor is an important raw material for the production of lithium ion cathode materials. used for energy storage devices of various Power Battery, Consumer Battery, digital cameras, drones, robots, solar energy, wind energy, etc., as well as communication equipment and backup power of such base stations.
The global market for Precursor Materials is estimated to increase from US$ 10740 million in 2021 to reach US$ 29180 million by 2028, exhibiting a CAGR of 15.4% during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Global key players of precursor materials include CNGR Corporation, GEM Co., Ltd, Zhejiang Huayou Cobalt, Brunp Recycling, Umicore, etc. The top five players hold a share about 58%. China is the largest producer, holds a share around 85%, followed by South Korea and Japan, with share 9% and 6%, separately. The largest market is China, has a share about 57%, followed by United States and Japan, with around 33% and 8% market share respectively.
Report Coverage
This latest report provides a deep insight into the global Precursor Materials market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global Precursor Materials market, with both quantitative and qualitative data, to help readers understand how the Precursor Materials market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in K MT.
Market Segmentation:
The study segments the Precursor Materials market and forecasts the market size by Type (NCM Type and NCA Type,), by Application (Power Battery, Consumer Battery and Others,), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by type
NCM Type
NCA Type
Segmentation by application
Power Battery
Consumer Battery
Others
Segmentation by region
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Major companies covered
GEM Co., Ltd
Umicore
CNGR Corporation
Brunp Recycling
Tanaka Chemical Corporation
Kelong New Energy
Zhejiang Huayou Cobalt
Fangyuan
Greatpower Technology
Ronbay Technology
Hunan Changyuan Lico
GanfengLithium
Jiana Energy
Jinchuan Group
Zhejiang Power
Chapter Introduction
Chapter 1: Scope of Precursor Materials, Research Methodology, etc.
Chapter 2: Executive Summary, global Precursor Materials market size (sales and revenue) and CAGR, Precursor Materials market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: Precursor Materials sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Precursor Materials sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Precursor Materials market size forecast by region, by country, by type, and application.
Chapter 13: Comprehensive company profiles of the leading players, including GEM Co., Ltd, Umicore, CNGR Corporation, Brunp Recycling, Tanaka Chemical Corporation, Kelong New Energy, Zhejiang Huayou Cobalt, Fangyuan and Greatpower Technology, etc.
Chapter 14: Research Findings and Conclusion