Research Report on China’s Lithium Battery Cathode Material Industry (2019-2023) – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Research
Report on China’s Lithium Battery Cathode Material Industry, 2019-2023”

report has been added to ResearchAndMarkets.com’s
offering.

In 2017, the sales volume of new energy vehicles totaled 777,000 units,
increasing by 53.3% YOY and accounting for 2.7% of the total vehicle
sales in China. As the new energy vehicle market expands rapidly,
lithium-ion batteries, especially lithium-ion power batteries, has also
seen exponential growth in China.

Critical to the performance of lithium-ion batteries, cathode materials
are the major sources of the lithium ion in commercial lithium-ion
batteries. Their performance and prices have a great impact on
lithium-ion batteries.

By chemical composition, lithium battery cathode materials are
classified into lithium cobalt oxide (LCO), lithium iron phosphate
(LFP), lithium manganese oxide (LMO) and ternary materials including
lithium nickel cobalt manganese oxide (NCM) and lithium nickel cobalt
aluminum oxide (NCA).

According to this analysis, cathode materials have different
applications in China. The direct consumers of lithium battery cathode
materials are lithium battery manufacturers. With distinctive advantages
and disadvantages, LCO, LMO, LFP and ternary materials are applied in
different downstream industries. LMO and LCO are mainly used in the
batteries for consumer electronics while ternary materials and LFP are
mainly used in the power batteries for new energy vehicles including
electric vehicles.

This market survey shows that LCO, LFP and ternary materials are the
mainstream of the cathode materials in China. LMO has good cycle
performance and rate discharge performance at normal temperature but it
has poor high-temperature performance. Therefore, LMO is mostly used in
mobile phones, tablet computers and other digital products but seldom
used in power batteries. Because of high technical barriers, the
production capacity of NCA concentrates in Japan and South Korea. NCA
sees little production and application in China though it is known for
the electric vehicles of Tesla. The mainstream ternary material in China
is NCM.

According to this analysis, China’s lithium battery cathode material
market is highly concentrated. In 2017, the top 10 manufacturers of
lithium battery cathode materials contributed more than 60% production
volume in total. Hunan Shanshan Energy Technology Co., Ltd., GEM Co.,
Ltd., BTR New Energy Materials Inc. and Xiamen Tungsten Co., Ltd. have
great advantages on the market.

According to this market survey, with the development of the cathode
material market, the demand for raw materials such as lithium carbonate,
nickel, cobalt and manganese has been growing. As a result, the prices
of these raw materials showed an upward trend from 2013 to 2018.

For example, the prices of cobalt rose from about 204,000 CNY/ton in
2013 to 535,800 CNY/ton in 2018. However, the prices of cathode
materials showed different trends. From 2013 to 2018, the prices of NCM,
LCO and LMO all increased except that the prices of LFP decreased.

If the sales volume of new energy vehicles in China exceeds 2 million
units in 2020 and 5 million units in 2025 as planned by the Chinese
government, China’s cathode material market will maintain rapid growth
from 2019 to 2025.

Scope

  • Development environment of China’s lithium battery cathode material
    industry
  • Supply of and demand for lithium battery cathode materials in China
  • Competition in China’s lithium battery cathode material industry
  • Development of LFP, LCO, LMO, NCM and NCA in China
  • Major factors influencing the development of China’s lithium battery
    cathode material industry
  • Prospect of China’s lithium battery cathode material industry from
    2019 to 2023

Companies Mentioned

  • BTR New Energy Materials Inc.
  • GEM Co. Ltd.
  • Hunan Shanshan Energy Technology Co. Ltd.
  • Xiamen Tungsten Co. Ltd.

Topics Covered

1 Overview of Lithium Battery Cathode Material Industry

1.1 Definition of Lithium Battery Cathode Materials

1.2 Classification of Lithium Battery Cathode Materials

1.3 Overview of Industry Chain of Lithium Battery Cathode Materials

2 Analysis of Global Lithium Battery Cathode Material Industry

2.1 Global Supply of Lithium Batteries

2.2 Global Demand for Lithium Batteries

3 Analysis of China’s Lithium Battery Cathode Material Industry

3.1 Development Environment of China’s Lithium Battery Cathode Material
Industry

3.2 Supply of Lithium Battery Cathode Materials in China

3.3 Demand for Lithium Battery Cathode Materials in China

4 Analysis of Import and Export of Lithium Battery Cathode Materials in
China

4.1 Import of Lithium Battery Cathode Materials in China

4.2 Export of Lithium Battery Cathode Materials in China

5 Analysis of Competition in China’s Lithium Battery Cathode Material
Industry, 2013-2017

5.1 Barriers to Entry in China’s Lithium Battery Cathode Material
Industry

5.2 Competitive Structure of China’s Lithium Battery Cathode Material
Industry

6 Analysis of Manufacturers of Lithium Battery Cathode Materials in China

6.1 Rankings of Manufacturers of Lithium Battery Cathode Materials in
China

7 Analysis of Costs and Prices of Lithium Battery Cathode Materials in
China, 2013-2017

7.1 Costs of Lithium Battery Cathode Materials in China

7.2 Prices of Lithium Battery Cathode Materials in China

8 Forecast on Development of China’s Lithium Battery Cathode Material
Industry, 2019-2023

8.1 Factors Influencing Development of China’s Lithium Battery Cathode
Material Industry

8.2 Forecast on Supply of Lithium Battery Cathode Materials in China

8.3 Forecast on Demand for Lithium Battery Cathode Materials in China

For more information about this report visit https://www.researchandmarkets.com/research/ntdfhj/research_report?w=4

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