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Lithium Nickel Cobalt Manganese Oxide Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030

ID : MRU_114830 | Date : Feb, 2023 | Pages : 180 | Region : Global

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Lithium nickel cobalt manganese Oxide short form: NMC (NCM, CMN, CNM, MNC, MCN similar with different metal combinations) is kind of anode materials, which is mainly used to manufacture energy cells or power cells. This materials combines the lithium cobalt oxide is known for its high specific energy but poor stability; lithium manganese oxide has the benefit of forming a spinel structure to achieve low internal resistance but offers a low specific energy. Lithium nickel cobalt manganese oxide combining the metals enhances each other strengths.
Lithium nickel cobalt manganese oxide is a major cathode material of lithium battery, and it accounts for about 45% market share of cathode material of lithium battery in the world. It combines advantage of lithium manganese oxide, lithium nickel oxide, lithium cobalt oxide, such as security, high power capacity, stability, etc.

Global demand of lithium nickel cobalt manganese oxide will increase to 75610 MT in 2015 from 21031 MT in 2010. It is estimated that supported by downstream industries, global demand of lithium nickel cobalt manganese oxide demand will keep increasing with an average growth rate of 29.53% in the coming five years. In addition, similar with that of globe, the demand of lithium nickel cobalt manganese oxide in China will increase from 5303 MT in 2010 to 27997 MT in 2015, accompanied with an average demand growth of 40.19% in the coming five years.
China, Japan and Korea, accounting for 87.5% production share in 2014, are three main producing countries which dominant not only lithium nickel cobalt manganese oxide, but also cathode material, even lithium battery. Umicore, NICHIA CORPORATION, L&F, Shanshan Advanced Materials are the main lithium nickel cobalt manganese oxide manufacturers in the world.

Lithium nickel cobalt manganese oxide produced battery materials for small mobile devices at first. With the Promoting the development and using of new energy by countries, battery materias for EV of Large-scale LIB grows quickly in recent years, and will be the main development tendency.

Compared with foreign giants, lithium nickel cobalt manganese oxide produced by Chinese manufacturers still has a certain gap. Chinese lithium nickel cobalt manganese oxide manufacturers are dedicated to improving their technology and narrowing down the performance gap with foreign giants.

We tend to believe that this industry still has a bright future, considering the current demand of lithium nickel cobalt manganese oxide. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.


The report offers detailed coverage of Lithium Nickel Cobalt Manganese Oxide industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Lithium Nickel Cobalt Manganese Oxide by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Lithium Nickel Cobalt Manganese Oxide market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.

First, this report covers the present status and the future prospects of the global Lithium Nickel Cobalt Manganese Oxide market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Umicore
NICHIA CORPORATION
Tanaka Chemical
L&F
3M
TODA KOGYO CORP
BASF
AGC SEIMI CHEMICA
Shanshan Advanced Materials
Jinhe New materials
CEC
Xiamen Tungsten
Tianli
Easpring Material Technology
Kelong NewEnergy
Tianjiao Technology
Changyuan Lico
STL

At the same time, we classify Lithium Nickel Cobalt Manganese Oxide according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
NMC111
NMC532
NMC442
Others
Market by Application
Notebook
Tablet PC
Portable power
Electric tool
Electric bicycle
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Lithium Nickel Cobalt Manganese Oxide market for the forecast period 2023 - 2030?
• What are the driving forces in the Lithium Nickel Cobalt Manganese Oxide market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Lithium Nickel Cobalt Manganese Oxide industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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