Published on : Aug 30, 2017
Albany, New York, August 30, 2017: Cathode materials have been evolving gradually from the first generation level to the third generation level. Recently, a new report focusing on Chinese market finds that the cathode material output of China reached 161.6 kilotons in 2016, which increased by 43% on a YoY basis. The growth was mainly driven by a 60% output increase in power battery market. Market Research Hub (MRH) has recently announced the inclusion of this new study to its vast repository, which is titled as “China Cathode Material (NCM/NCA/LFP) Industry PEST Analysis and Top 14 Manufacturers in-depth Survey, 2017 to 2020 forecast (updated 2017.7)”. The report offers detailed PEST (Political, Economic, Social and Technological) analysis, which determines how major factors present in the market will affect the performance and estimates market size of a business in the coming few years.
At first, the report reviews the basic information of Cathode material (NCM/NCA/LFP) including product description, policy environment and overall environment in the global as well as China. It has been analyzed that The NCM&NCA output of China was 54.3 thousand tons in 2016 with a growth rate of 48.8% and the output of LFP was 57 kilotons in 2016 with a YoY growth rate of 75%. On the other hand, the overall cathode material production value was faster than its output in 2016. According to the study findings, Q1 of 2017 still maintained a high growth posture with a 68% increase in production. The boom of NCM&NCA shipments were mobilized by the keen demand from China’s electric vehicle, electric bicycle and mid-low-end digital markets. It is estimated that by 2020 the demand of NCM and NCA in China will grow to 208 and 20.4 kilotons respectively on the basis of in 1kwh battery energy will consume 1.3 kg NCM/NCA.
Moreover, the study presents analysis of market price of cathode materials and upstream raw material in China. In 2016, the total output of power battery in China reached 30.8GWh, which directly drove the large demand growth for NCM&NCA. The report further also adds that start from 2018, the price of NCM523 and NCM622 would keep falling to RMB 130 thousand and RMB 150 thousand till 2020.
Moreover, this report explores China's top manufacturers of Cathode Material (NCM/NCA/LFP) listing their product specification, capacity, production value and market share etc. The TOP 10 LFP material manufacturers in China accounts for nearly 85% of the market share, yet it doesn’t stop other enterprises stepping into the market. At present, manufacturers in China, such as CATL, GEM, Guoxuan High-tech Power, B&M Science and Technology, etc., are under development of high-nickelic NCM/NCA materials.
Key players profiled in the study include Hunan Shanhan Energy Inc., Pulead Technology Industry Co. Ltd., Ningbo Jinhe Materials Co., Ltd., Tianjin B&M Science and Technology Joint-stock Co., Ltd, Xiamen Tungsten Co., Ltd. (XTC), Guizhou Anda Energy Technology Corp., GEM Co., Ltd., Hunan ChangYuan Lico CO.LTD., Hunan Shenghua Technology Co., Ltd., Beijing Easpring Material Technology Co., Ltd. and Hunan Reshine New Material Co., Ltd.
Request a Sample with TOC in a PDF format : http://www.marketresearchhub.com/enquiry.php?type=S&repid=1230547
About Market Research Hub
Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.
MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.
For Enquiries, Call :
+1-800-998-4852US Toll Free
Email : email@example.com