Battery Additives Market Research Report – Forecast till 2030

Battery Additives Market: Information by Type (Conductive Additive, Porous Additive, and Nucleating Additive), Application (Li-Ion Batteries, Lead-Acid Batteries), and Region (Asia-Pacific, North America, Europe, Latin America) — Forecast till 2030

ID: MRFR/CnM/6052-HCR | February 2021 | Region: Global | 140 pages

Battery Additives Market Synopsis:


The battery additives market is projected to reach USD 1.9 billion by 2030, at a CAGR of 9.1%.
Battery additives are the key components of the batteries, which regulate the functioning of the battery and boost their power performance. Battery additives such as conductive additives, porous additives, and nucleating additives are used in the batteries to increase the charge holding capacity and rate of charging.


Segmental Analysis:


The battery additives market has been segmented on the basis of type, application, and region.


By type, the battery additives market has been classified into conducting additive, porous additive, and nucleating additive.


Based on application, the battery additives market has been divided into Li-ion batteries and lead-acid batteries. The Li-ion batteries segment is further sub-segmented into industrial application, portable devices, EVs, and others


Market Players:


Cabot Corporation (US), 3M (US), Imerys (France), Hammond (US), SGL Carbon (Germany), Borregaard (Norway), HOPAX (Taiwan), PENOX (Germany), ALTANA (Germany), and US Research Nanomaterials, Inc (US) are some of the major players operating in the global battery additives market.


 


Market Overview:


The battery additives are used in different kinds of batteries such as lithium-ion batteries (Li-ion) and Lead-Acid batteries. Lithium-ion batteries are largely used in consumer electronics applications such as mobile phones, smart watches, and rechargeable batteries. They consist of four components, namely electrode, cathode, anode, and separator. Battery additives are used in the electrodes, which act as conducting medium between the cathode and anode. The increasing use of smartphones and rechargeable batteries are contributing to the growth of lithium-ion batteries, which in turn is expected to boost the demand for and sale of battery additives.


In addition, the rising demand for rechargeable batteries for use in military & defense, in remote areas and the areas with the absence of electricity are contributing to the growth of the battery market. This factor is also expected to be the major contributor to the growth of the global battery additives market. Additionally, the increasing adoption of plug-in hybrid electric vehicles (PHEVs), hybrid electric vehicles (HEVs), and electric vehicle (EVs) in the automotive industry is expected to fuel the growth of the global battery additives market.


Furthermore, technological advancements in the lithium-ion batteries are expected to create growth opportunities for the players operating in the global battery additives market during the forecast period. However, safety issues related to the battery additives are slightly limiting their demand, which it is expected to retrain the growth of the global battery additives market during the review period.


 


Global Battery Additives Market, by Application (%)


Battery Additives Market


Source: MRFR Analysis


 


Regional Analysis:


The global battery additives market has been spanned across five regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.


The Asia-Pacific market for battery additives held the largest share in 2017. The expanding automotive industry is the major factor responsible for the growth of the regional market. The advancements and advantages such as mobility and storage properties of Li-ion batteries and lead-acid batteries are increasing the adoption of these batteries in the automotive industry.


The North American market held the second-largest share of the global battery additives market in 2017, owing to the abundant use of the rechargeable batteries and the Li-ion and lead-acid batteries in the electronics and automotive industries. The regional market is expected to witness significant growth during the review period.


The increasing sale of automobiles and technological advancements in the automotive industry are enhancing the growth of the European market.


The growing use of PHEVs, HEVs, and EVs in the automotive industry is expected to fuel the growth of the Latin American market. Shifting interest toward power cars and power storage batteries is another factor responsible for the growth of battery additives market in the region. The Latin American market is expected to show moderate growth during the forecast period.


The Middle East & Africa is projected to witness steady growth during the forecast period, due to the growing demand for smartphones and other electronic appliances in the region.


 


Intended Audience:



  • Battery Additives Manufacturers

  • Raw Material Suppliers

  • Li-Ion Battery Manufacturers

  • Lead-Acid Battery Manufacturers

  • Traders and Distributors of Battery Additives

  • Research and Development Laboratories

  • Nationalized Laboratories



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 1.9 billion
  CAGR   CAGR of 9.1% (2022-2030)
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Basis of type, application, and region.
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Cabot Corporation (US), 3M (US), Imerys (France), Hammond (US), SGL Carbon (Germany), Borregaard (Norway), HOPAX (Taiwan), PENOX (Germany), ALTANA (Germany), and US Research Nanomaterials, Inc (US)
  Key Market Opportunities   Technological advancements in the lithium-ion batteries are expected
  Key Market Drivers   Growing demand for rechargeable batteries in military and defense, rising adoption of electric vehicles, and technological advances are adding market growth.


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Frequently Asked Questions (FAQ) :


The battery additives market is projected to grow at a 9.1% CAGR between 2016-2023.

The battery additives market is predicted to touch USD 1.9 billion by 2023.

The APAC region is expected to dominate the battery additives market.

Growing demand for rechargeable batteries in military and defense, rising adoption of electric vehicles, and technological advances are adding market growth.

TABLE OF CONTENTS

1 Executive Summary

2 Market Introduction

2.1 Market Definition

2.2 Scope of the Study

2.3 List of Assumptions

2.4 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4 Market Dynamics of Global Battery Additives Market

4.1 Introduction

4.2 Drivers

4.3 Restraints

4.4 Opportunities

4.5 Challenges

4.6 Trends/Technology

5 Market Factor Analysis of Global Battery Additives Market

5.1 Supply Chain Analysis

5.1.1 Raw Material Suppliers

5.1.2 Manufacturers/Producers

5.1.3 Distributors/Retailers/Wholesalers/E-Commerce

5.1.4 End Users

5.2 Porter’s Five Forces Analysis

5.2.1 Threat of New Entrants

5.2.2 Bargaining Power of Buyers

5.2.3 Bargaining Power of Suppliers

5.2.4 Threat of Substitutes

5.2.5 Intensity of Competitive Rivalry

6. Global Battery Additives Market, by Type

6.1 Introduction

6.2 Conductive Additive

6.2.1 Market Estimates & Forecast, 2020−2027

6.2.2 Market Estimates & Forecast, by Region, 2020−2027

6.3 Porous Additive

6.3.1 Market Estimates & Forecast, 2020−2027

6.3.2 Market Estimates & Forecast, by Region, 2020−2027

6.4 Nucleating Additive

6.4.1 Market Estimates & Forecast, 2020−2027

6.4.2 Market Estimates & Forecast, by Region, 2020−2027

7. Global Battery Additives Market, by Application

7.1 Introduction

7.2 Li-Ion Batteries

7.2.1 Market Estimates & Forecast, 2020−2027

7.2.2 Market Estimates & Forecast, by Region, 2020−2027

7.2.2.1 Industrial Application

7.2.2.1.1 Market Estimates & Forecast, 2020−2027

7.2.2.1.2 Market Estimates & Forecast, by Region, 2020−2027

7.2.2.2 Portable Devices

7.2.2.2.1 Market Estimates & Forecast, 2020−2027

7.2.2.2.2 Market Estimates & Forecast, by Region, 2020−2027

7.2.2.2 EVs

7.2.2.2.1 Market Estimates & Forecast, 2020−2027

7.2.2.2.2 Market Estimates & Forecast, by Region, 2020−2027

7.2.2.2 Others

7.2.2.2.1 Market Estimates & Forecast, 2020−2027

7.2.2.2.2 Market Estimates & Forecast, by Region, 2020−2027

7.3 Lead-Acid Batteries

7.3.1 Market Estimates & Forecast, 2020−2027

7.3.2 Market Estimates & Forecast, by Region, 2020−2027

8. Global Battery Additives Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020−2027

8.2.2 Market Estimates & Forecast, by Type, 2020−2027

8.2.3 Market Estimates & Forecast, by Application, 2020−2027

8.2.5 US

8.2.5.1 Market Estimates & Forecast, 2020−2027

8.2.5.2 Market Estimates & Forecast, by Type, 2020−2027

8.2.5.3 Market Estimates & Forecast, by Application, 2020−2027

8.2.6 Canada

8.2.6.1 Market Estimates & Forecast, 2020−2027

8.2.6.2 Market Estimates & Forecast, by Type, 2020−2027

8.2.6.3 Market Estimates & Forecast, by Application, 2020−2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020−2027

8.3.2 Market Estimates & Forecast, by Type, 2020−2027

8.3.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.5 Germany

8.3.5.1 Market Estimates & Forecast, 2020−2027

8.3.5.2 Market Estimates & Forecast, by Type, 2020−2027

8.3.5.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.6. France

8.3.6.1 Market Estimates & Forecast, 2020−2027

8.3.6.2 Market Estimates & Forecast, by Type, 2020−2027

8.3.6.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.7 Italy

8.3.7.1 Market Estimates & Forecast, 2020−2027

8.3.7.2 Market Estimates & Forecast, by Type, 2020−2027

8.3.7.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.8 Spain

8.3.8.1 Market Estimates & Forecast, 2020−2027

8.3.8.2 Market Estimates & Forecast, by Type, 2020−2027

8.3.8.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.9 UK

8.3.9.1 Market Estimates & Forecast, 2020−2027

8.3.9.2 Market Estimates & Forecast, by Type, 2020−2027

8.3.9.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.10 Russia

8.3.10.1 Market Estimates & Forecast, 2020−2027

8.3.10.2 Market Estimates & Forecast, by Type, 2020−2027

8.3.10.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.11 Poland

8.3.11.1 Market Estimates & Forecast, 2020−2027

8.3.11.2 Market Estimates & Forecast, by Type, 2020−2027

8.3.11.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.12 Rest of Europe

8.3.12.1 Market Estimates & Forecast, 2020−2027

8.3.12.2 Market Estimates & Forecast, by Type, 2020−2027

8.3.12.3 Market Estimates & Forecast, by Application, 2020−2027

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2020−2027

8.4.2 Market Estimates & Forecast, by Type, 2020−2027

8.4.3 Market Estimates & Forecast, by Application, 2020−2027

8.4.5 China

8.4.5.1 Market Estimates & Forecast, 2020−2027

8.4.5.2 Market Estimates & Forecast, by Type, 2020−2027

8.4.5.3 Market Estimates & Forecast, by Application, 2020−2027

8.4.6 India

8.4.6.1 Market Estimates & Forecast, 2020−2027

8.4.6.2 Market Estimates & Forecast, by Type, 2020−2027

8.4.6.3 Market Estimates & Forecast, by Application, 2020−2027

8.4.7 Japan

8.4.7.1 Market Estimates & Forecast, 2020−2027

8.4.7.2 Market Estimates & Forecast, by Type, 2020−2027

8.4.7.3 Market Estimates & Forecast, by Application, 2020−2027

8.4.8 Australia & New Zealand

8.4.8.1 Market Estimates & Forecast, 2020−2027

8.4.8.2 Market Estimates & Forecast, by Type, 2020−2027

8.4.8.3 Market Estimates & Forecast, by Application, 2020−2027

8.4.9 Rest of Asia Pacific

8.4.9.1 Market Estimates & Forecast, 2020−2027

8.4.9.2 Market Estimates & Forecast, by Type, 2020−2027

8.4.9.3 Market Estimates & Forecast, by Application, 2020−2027

8.5 Middle East & Africa

8.5.1 Market Estimates & Forecast, 2020−2027

8.5.2 Market Estimates & Forecast, by Type, 2020−2027

8.5.3 Market Estimates & Forecast, by Application, 2020−2027

8.5.5 GCC

8.5.5.1 Market Estimates & Forecast, 2020−2027

8.5.5.2 Market Estimates & Forecast, by Type, 2020−2027

8.5.5.3 Market Estimates & Forecast, by Application, 2020−2027

8.5.6 Israel

8.5.6.1 Market Estimates & Forecast, 2020−2027

8.5.6.2 Market Estimates & Forecast, by Type, 2020−2027

8.5.6.3 Market Estimates & Forecast, by Application, 2020−2027

8.5.7 North Africa

8.5.7.1 Market Estimates & Forecast, 2020−2027

8.5.7.2 Market Estimates & Forecast, by Type, 2020−2027

8.5.7.3 Market Estimates & Forecast, by Application, 2020−2027

8.5.8 Turkey

8.5.8.1 Market Estimates & Forecast, 2020−2027

8.5.8.2 Market Estimates & Forecast, by Type, 2020−2027

8.5.8.3 Market Estimates & Forecast, by Application, 2020−2027

8.5.9 Rest of Middle East & Africa

8.5.9.1 Market Estimates & Forecast, 2020−2027

8.5.9.2 Market Estimates & Forecast, by Type, 2020−2027

8.5.9.3 Market Estimates & Forecast, by Application, 2020−2027

8.6 Latin America

8.6.1 Market Estimates & Forecast, 2020−2027

8.6.2 Market Estimates & Forecast, by Type, 2020−2027

8.6.3 Market Estimates & Forecast, by Application, 2020−2027

8.6.5 Brazil

8.6.5.1 Market Estimates & Forecast, 2020−2027

8.6.5.2 Market Estimates & Forecast, by Type, 2020−2027

8.6.5.3 Market Estimates & Forecast, by Application, 2020−2027

8.6.6 Mexico

8.6.6.1 Market Estimates & Forecast, 2020−2027

8.6.6.2 Market Estimates & Forecast, by Type, 2020−2027

8.6.6.3 Market Estimates & Forecast, by Application, 2020−2027

8.6.7 Argentina

8.6.7.1 Market Estimates & Forecast, 2020−2027

8.6.7.2 Market Estimates & Forecast, by Type, 2020−2027

8.6.7.3 Market Estimates & Forecast, by Application, 2020−2027

8.6.8 Rest of Latin America

8.6.8.1 Market Estimates & Forecast, 2020−2027

8.6.8.2 Market Estimates & Forecast, by Type, 2020−2027

8.6.8.3 Market Estimates & Forecast, by Application, 2020−2027

9. Company Landscape

9.1 Introduction

9.2 Market Strategy

9.3 Key Development Analysis (Expansion/Merger & Acquisition/Joint Venture/New Product Development/Agreement/Investment)

10. Company Profiles

10.1 Cabot Corporation

10.1.1 Company Overview

10.1.2 Financial Updates

10.1.3 Product/Business Segment Overview

10.1.4 Strategy

10.1.5 Key Developments

10.1.6 SWOT Analysis

10.2 3M

10.2.1 Company Overview

10.2.2 Financial Updates

10.2.3 Product/Business Segment Overview

10.2.4 Strategy

10.2.5 Key Developments

10.2.6 SWOT Analysis

10.3 Imerys

10.3.1 Company Overview

10.3.2 Financial Updates

10.3.3 Product/Business Segment Overview

10.3.4 Strategy

10.3.5 Key Developments

10.3.6 SWOT Analysis

10.4 Hammond

10.4.1 Company Overview

10.4.2 Financial Updates

10.4.3 Product/Business Segment Overview

10.4.4 Strategy

10.4.5 Key Developments

10.4.6 SWOT Analysis

10.5 SGL Carbon

10.5.1 Company Overview

10.5.2 Financial Updates

10.5.3 Product/Business Segment Overview

10.5.4 Strategy

10.5.5 Key Developments

10.5.6 SWOT Analysis

10.6 Borregaard

10.6.1 Company Overview

10.6.2 Financial Updates

10.6.3 Product/Business Segment Overview

10.6.4 Strategy

10.6.5 Key Developments

10.6.6 SWOT Analysis

10.7 HOPAX

10.7.1 Company Overview

10.7.2 Financial Updates

10.7.3 Product/Business Segment Overview

10.7.4 Strategy

10.7.5 Key Developments

10.7.6 SWOT Analysis

10.8 PENOX

10.8.1 Company Overview

10.8.2 Financial Updates

10.8.3 Product/Business Segment Overview

10.8.4 Strategy

10.8.5 Key Developments

10.8.6 SWOT Analysis

10.9 ALTANA

10.9.1 Company Overview

10.9.2 Financial Updates

10.9.3 Product/Business Segment Overview

10.9.4 Strategy

10.9.5 Key Developments

10.9.6 SWOT Analysis

10.10 US Research Nanomaterials, Inc

10.10.1 Company Overview

10.10.2 Financial Updates

10.10.3 Product/Business Segment Overview

10.10.4 Strategy

10.10.5 Key Developments

10.10.6 SWOT Analysis

11. Conclusion

LIST OF TABLES

Table 1 Global Battery Additives Market, by Region, 2020−2027

Table 2 North America: Battery Additives Market, by Country, 2020−2027

Table 3 Europe: Battery Additives Market, by Country, 2020−2027

Table 4 Asia-Pacific: Battery Additives Market, by Country, 2020−2027

Table 5 Middle East & Africa: Battery Additives Market, by Country, 2020−2027

Table 6 Latin America: Battery Additives Market, by Country, 2020−2027

Table 7 Global Battery Additives Type Market, by Region, 2020−2027

Table 8 North America: Battery Additives Type Market, by Country, 2020−2027

Table 9 Europe: Battery Additives Type Market, by Country, 2020−2027

Table10 Asia-Pacific: Battery Additives Type Market, by Country, 2020−2027

Table11 Middle East & Africa: Battery Additives Type Market, by Country, 2020−2027

Table12 Latin America: Battery Additives Type Market, by Country, 2020−2027

Table13 Global Battery Additives Application Market, by Region, 2020−2027

Table14 North America: Battery Additives by Application Market, by Country, 2020−2027

Table15 Europe: Battery Additives Application Market, by Country, 2020−2027

Table16 Asia-Pacific: Battery Additives Application Market, by Country, 2020−2027

Table17 Middle East & Africa: Battery Additives Application Market, by Country, 2020−2027

Table18 Latin America: Battery Additives Application Market, by Country, 2020−2027

Table19 Global Battery Additives End-Use Industry Market, by Region, 2020−2027

Table20 Global Type Market, by Region, 2020−2027

Table21 Global Application Market, by Region, 2020−2027

Table22 Global End-Use Industry Market, by Region, 2020−2027

Table22 North America: Battery Additives Market, by Country

Table23 North America: Battery Additives Market, by Type

Table24 North America: Battery Additives Market, by Application

Table25 Europe: Battery Additives Market, by Country

Table26 Europe: Battery Additives Market, by Type

Table27 Europe: Battery Additives Market, by Application

Table28 Asia-Pacific: Battery Additives Market, by Country

Table29 Asia-Pacific: Battery Additives Market, by Type

Table30 Asia-Pacific: Battery Additives Market, by Application

Table31 Middle East & Africa: Battery Additives Market, by Country

Table32 Middle East & Africa: Battery Additives Market, by Type

Table33 Middle East & Africa: Battery Additives Market, by Application

Table34 Latin America: Battery Additives Market, by Country

Table35 Latin America: Battery Additives Market, by Type

Table36 Latin America: Battery Additives Market, by Application

LIST OF FIGURES

FIGURE 1 Global Battery Additives Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of Global Battery Additives Market

FIGURE 4 Value Chain of Global Battery Additives Market

FIGURE 5 Share of Global Battery Additives Market in 2020, by Country (%)

FIGURE 6 Global Battery Additives Market, 2020−2027

FIGURE 7 Global Battery Additives Market Size, by Type, 2020

FIGURE 8 Share of Global Battery Additives Market, by Type, 2020−2027

FIGURE 9 Global Battery Additives Market Size, by Application, 2020

FIGURE 10 Share of Global Battery Additives Market, by Application, 2020−2027