Precursor Materials Market

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.

Precursor Materials Market contains market size and forecasts of Precursor Materials in global, including the following market information:

Global Precursor Materials Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Precursor Materials Market Sales, 2017-2022, 2023-2028, (K MT)

Global top five Precursor Materials companies in 2021 (%)

The global Precursor Materials market was valued at 5458.6 million in 2021 and is projected to reach US$ 23330 million by 2028, at a CAGR of 23.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

NCM Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Precursor Materials include GEM Co., Ltd, Umicore, CNGR Corporation, Brunp Recycling, Tanaka Chemical Corporation, Kelong New Energy, Zhejiang Huayou Cobalt, Fangyuan and Greatpower Technology Co., Ltd, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Precursor Materials manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Precursor Materials Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Precursor Materials Market Segment Percentages, by Type, 2021 (%)

NCM Type

NCA Type

Global Precursor Materials Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Precursor Materials Market Segment Percentages, by Application, 2021 (%)

Power Battery

Consumer Battery

Others

Global Precursor Materials Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Precursor Materials Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Precursor Materials revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Precursor Materials revenues share in global market, 2021 (%)

Key companies Precursor Materials sales in global market, 2017-2022 (Estimated), (K MT)

Key companies Precursor Materials sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

GEM Co., Ltd

Umicore

CNGR Corporation

Brunp Recycling

Tanaka Chemical Corporation

Kelong New Energy

Zhejiang Huayou Cobalt

Fangyuan

Greatpower Technology Co., Ltd

Ronbay Technology

Hunan Changyuan Lico

GanfengLithium

Jiana Energy

Jinchuan Group

Zhejiang Power