The global Cathode Active Materials (CAM) market size reached USD 16.43 Billion in 2021 and is expected to register a revenue CAGR of 8.7% during the forecast period, according to latest analysis by Emergen Research. Rising demand for electric vehicles due to their ability to provide improved performance while reducing vehicle emissions is a major factor driving the market revenue growth. In addition, technological advancements in the automotive industry and innovation in e-mobility technology trends is another key factor driving the market revenue growth in various countries. Today’s electric vehicles incorporate lithium-ion batteries due to their high energy per unit mass relative to other electrical energy storage systems. They also have a high power-to-weight ratio, outstanding high-temperature performance, and minimal self-discharge. A CAM is made into a slurry and then uniformly deposited on a current collector in traditional lithium-ion battery production. NMP, a dangerous and high-boiling-point solvent, is required. This method necessitates the use of energy, space, and money for drying and recycling. As a result, market companies are investing in research & development activities and implementing strategies to adhere to environmental standards in various countries.

Some of the key factors driving the growth of the global Cathode Active Materials market include expanding R&D efforts to develop novel Cathode Active Materials products for a variety of applications and rising demand for mercury control technology for industrial air purification. The most recent data on the COVID-19 pandemic market condition is provided in the research. The investigation indicates that COVID-19 plays a vital role in the market’s dynamically altered environment. The study carefully investigates how the pandemic has altered market dynamics and trends while also precisely analysing how the crisis has impacted the market as a whole.

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Effect of COVID-19 on the global market for Cathode Active Materials

The COVID-19 pandemic had a significant negative influence on the market for Cathode Active Materials in 2020, significantly decreasing its CAGR. In 2020, manufacturers and suppliers of Cathode Active Materials were significantly impacted by federal and national safety and legal orders. The majority of businesses have been impacted by the COVID-19 pandemic. Mandates for business closures, restricted municipal and state government office activities, and social conventions of distance had an impact on the production of Cathode Active Materials in 2020. Additionally, demand for Cathode Active Materials decreased across a range of end-use sectors. The pandemic epidemic also resulted in a decline in global investments in the water sector.

Cathode Active Materials market : Competitive Landscape

The prominent players operating in the Cathode Active Materials market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Cathode Active Materials market .

Some of the prominent players operating in the market are:

Umicore, 3M, Mitsubishi Chemical Group Corporation, Posco chemical, BASF SE, Hitachi Metals, Ltd., Kureha Corporation, Sumitomo Metal Mining Co., Ltd., Mitsui & Co., Ltd., NEI Corporation

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The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

Key questions answered in the report:

What will be the development pace of Cathode Active Materials market ?

What are the key factors driving the Global Cathode Active Materials market ?

Who are the key manufacturers in the market space?

What are the openings, hazards, and outline of the market?

What is sales, revenue, and price analysis of top manufacturers of Cathode Active Materials market ?

Who are the distributors, traders, and dealers of Cathode Active Materials market ?

What are the Cathode Active Materials market opportunities and threats faced by the vendors in the Global Cathode Active Materials industries?

What are deals, incomes, and value examinations by types and utilizations of the market?

What are deals, income, and value examinations by areas of enterprises?

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Segments Covered in this report are:

• Material Type Outlook (Revenue, USD Billion; 2019-2030)

  • Lithium-Ion Cathode Materials
  • Lead-Acid Cathode Materials
  • Other Cathode Materials

• Battery Type Outlook (Revenue, USD Billion; 2019-2030)

  • Lithium-Ion-Batteries
  • Lead-Acid-Batteries
  • Others

• Regional Outlook (Revenue, USD Billion; 2019–2030)

  • North America
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. France
    3. U.K.
    4. Italy
    5. Spain
    6. Benelux
    7. Rest of Europe
  • Asia Pacific
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa
    1. Saudi Arabia
    2. UAE
    3. South Africa
    4. Turkey
    5. Rest of MEA

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Regional Bifurcation of the Cathode Active Materials market Includes:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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