BIS Research - Emerging Technology Market Intelligence

Lithium Ion Batteries to Escalate the Demands for Cathode Materials

Jun 12, 2018 3:12:40 AM / by BIS Research posted in Cathode Materials Market, Cathode Materials Market analysis, Cathode Materials Market by Region, Cathode Materials Market forecast, Cathode Materials Market Growth, Cathode Materials Market Share Analysis, Cathode Materials Market trends, Advanced Materials & Chemicals, Global Cathode Materials Market by materials, Global Cathode Materials Market Research, Global Cathode Materials Player Share Analysis, Global Cathode Materials Market, Global Cathode Materials Market by End-Users, Global Cathode Materials Market by Type, Global Cathode Materials Market Report

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Cathode materials are extensively used in Lithium-Ion Batteries(LiBs) and cater to various application areas such as automotive sector, mobile phones, laptops, energy storage systems, and power tools. LiBs are highly efficient and well known for their high energy density as well as possess high load capacity.  According to the latest market intelligence report by BIS Research titled, ‘Global Cathode Materials Market-Analysis and Forecast (2018-2023)’, the market is anticipated to grow at a CAGR of 14% during the forecast period. This significant market growth is primarily attributed to the increasing demands for lithium-ion batteries for the use in electric vehicles, energy storage systems, consumer electronics, and power tools.

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