Battery is an electric cell which
produces electricity from chemical reactions. Batteries are used in
laptops, cars, portable devices and household devices. Owing to growing
industrial applications the global market for battery raw materials is
expected to grow significantly through 2018.
The global market for battery raw
materials observed rapid growth in the past several years and is
expected to grow at a considerable rate in the future. North America is
the leading regional market in the global battery raw materials market
and Asia-Pacific represents the fastest growing regional market. Growth
in this industry is driven by growth in the demand of high energy
efficient devices, such as high performance portable devices, digital
cameras, and camera phones.
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Government efforts to reduce fuel
consumption in developing as well as developed countries without
changing driving habits has resulted in a demand for hybrid electric
vehicles. Growing industrialization in developing countries, the growing
laptops and mobile market, and automobile industry will act as drivers
for this industry. Increasing prices of key raw materials such as
lithium, lead, cobalt, and magnesium will act as a challenge for the
global battery raw materials market. Battery raw material manufacturers
can command a good opportunity in the global market by improving the
quality and efficiency of raw materials in terms of energy and storage.
Based on functions, the global market
for battery raw materials is segmented into cathode market, anode
market, electrolyte market and separator market. Based on applications,
the global market for battery raw materials is segmented into laptops,
cellular, automotive, camcorders, household devices, portable devices,
digital cameras and others. The global market by geography is segmented
into North America, Europe, Asia-Pacific, and Rest of the World.
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Some of the key players in this
industry include, BYD Company Limited, Battery Technology, Inc.,
Danionics A/S, E-One Moli Energy Ltd., VARTA Consumer Batteries GmbH
& Co.,FDK Corporation, Duracell International, Inc., Eveready
Industries India Ltd., GS Yuasa Corp., LG Chem, Energizer Holdings,
Inc., Uniross Batteries, Panasonic Corporation, Hitachi Maxell Ltd.,
Sanyo Electric Co., Ltd., Sony Corp., Samsung SDI Co., Ltd., Spectrum
Brands Incorporated, GP Batteries International Limited, KgaA TCL
Hyperpower Batteries, Inc., Saft Groupe SA, Valence Technology, Inc. and
others.
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This research report analyzes
this market depending on its market segments, major geographies, and
current market trends. Geographies analyzed under this research report
include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints.
It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report
also includes a review of micro and macro factors essential for the
existing market players and new entrants along with detailed value
chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
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- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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