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EV Battery Cell and Pack Materials Market Share

Report ID: GMI5367
Published Date: Sep 2022
Report Format: PDF

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EV Battery Cell and Pack Materials Market Share

Major players participating in the EV battery cell and pack materials market include

CATL
LG Chem
Panasonic Industry Co. Ltd.
BYD
Samsung SDI
SK Innovation Co. Ltd.
CALB
Grepow

These companies have been taking collaborative actions to strengthen their position and aid the development of advanced battery materials that could fuel the future of electric mobility.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The global market size for EV battery cell and pack materials was valued at USD 13 billion in 2021 and is speculated to register over 14.5% CAGR from 2022 to 2030, owing to the positive outlook of the global EV industry and rising environmental concerns.

The lithium-ion batteries segment is anticipated to exceed USD 59 billion by 2030, due to ongoing research & development efforts focused on extending useful life, reducing relatively high costs, and addressing the safety and overheating concerns in Li-ion batteries.

The battery electric vehicle (BEV) segment may depict over 14.5% CAGR from 2022 to 2030, driven by the stringent government regulations regarding vehicle emissions and increasing environmental impact.

Major companies participating in the EV battery cell and pack materials market include CATL, LG Chem, Panasonic Industry Co. Ltd., BYD, Samsung SDI, SK Innovation Co. Ltd., CALB, and Grepow, among others.