1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Electric Power
  5. > Energy Storage Market Trends

Global and China Ternary Cathode Materials (NCA/NCM) and Battery Industry Report, 2017-2020

  • February 2017
  • 257 pages
  • Research In China
Report ID: 3637286

Summary

Table of Contents

In 2016, the global shipment of cathode materials grew 26.7% year on year. Thanks to brisk demand from electric vehicles, LFP and NCA show rapid growth among which NCA gets primarily used for Panasonic 18650 cylindrical batteries (to be supplied to Tesla EVs) and substantial growth of LFP benefits mainly from China’s EV demand, particularly robust demand from electric buses as well as application in energy storage field.

Globally, the cathode materials used for electric passenger cars are mostly ternary materials and lithium manganate; however, Chinese electric passenger cars adopt both of LFP and ternary materials. Ternary materials tend to be the mainstream in the future. In the aspect of commercial vehicles, the lifting of the ban on ternary batteries for commercial vehicle in 2017 will conduce to the demand growth for ternary materials.

In 2016, China produced 161,600 tons of cathode materials, a year-on-year increase of 43%. Specifically, the LiFePO4 output soared 75% year on year to 57,000 tons, under the impetus of power batteries and energy storage lithium batteries. Driven by new energy passenger cars, lithium battery bicycles, medium and low-end digital lithium batteries and other markets, the output of ternary materials swelled 49% year on year to 54,300 tons. The LiCoO2 shipment jumped 9.4% year on year to 34,900 tons.

After experiencing the downturn in 2013-H1 2015, ternary materials witnessed rising penetration rates in all sub-fields with the rapid growth of new energy vehicles in H2 2015. In China, the average price of ternary materials ascended swiftly from H2 2015, and the NCM523 price hit RMB140,000 -150,000 / ton in 2016.

Major ternary material producers in China have begun to build new projects and expand capacity. In 2016, the overall capacity of top ten ternary material enterprises including Hunan Shanshan, Xiamen Tungsten, Ningbo Jinhe, Shenzhen Zhenhua and Xinxiang Tianli Energy fetched 30,000 tons, enjoying the market share of about 60%.

At present, only a small number of domestic cathode material enterprises boast high nickel NCM622 capacity, for instance, Beijing Easpring Material Technology is the largest Chinese enterprise with the NCM622 capacity of 2,800 tons, and will put its Jiangsu project phase II (NCM622 capacity: 4,000 tons) into production in 2017.

As concerns technology trends, the novel lithium-rich laminated ternary materials are possible to be utilized as the cathode material for future high-energy-density lithium-ion battery due to exceedingly high specific capacity and excellent cycling competence. Currently, first discharge of 0.1C (C stands for capacity) such material is higher than 250mAh/g and capacity retention ratio is above 90% after the cycling of thirty times, presenting remarkable electrochemical properties.

The report highlights the following:
Supply and demand of ternary materials in China and the world, particularly the shares of applications in such fields as new energy vehicle and consumer electronics;
Competitive landscape in China and beyond, covering domestic and overseas companies’ market share, capacity planning, market pattern, etc.;
Technology routes and development trends of ternary materials in China and the world;
Analysis on upstream and downstream market segments of ternary materials, consisting of cobalt metal, lithium carbonate, ternary precursor, ternary lithium battery, etc.;
Key application growth points of ternary cathode materials, and analysis on electric vehicle industry in China and the world;
Operation, technologies, development plans and production & sales dynamics of six manufacturers of ternary cathode materials from countries like Japan, S.Korea, Belgium and Germany;
Operation, technologies, development plans and production & sales dynamics of fourteen Chinese ternary cathode material manufacturers;
Operation, technologies, development plans and production & sales dynamics of seven producers of ternary lithium battery from nations such as Japan, S.Korea and Europe;
Operation, technologies, development plans and production & sales dynamics of nine Chinese ternary lithium battery manufacturers.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Advanced Materials for Advanced Batteries and Fuel Cells: Technologies and Global Markets

  • $ 6650
  • Industry report
  • March 2017
  • by BCC Research

Use this report to: - Gain insight into the market dynamics of advanced battery and fuel cell technologies in terms of market value, number of units shipped and types of materials used. - Identify leading ...

Thermal Energy Storage Market by Technology, Storage Material, Application, End-User, and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • March 2017
  • by MarketsandMarkets

“The thermal storage market is projected to grow at a CAGR of 11.0% from 2017 to 2022” The thermal energy storage market is projected to reach USD 6.20 billion by 2022, growing at a CAGR of 11.0% ...

Automotive Lead Acid Batteries Market by Product, Type, Customer Segment, End-User - Global Forecast to 2021

  • $ 5650
  • Industry report
  • March 2017
  • by MarketsandMarkets

“The global automotive lead acid batteries market is projected to grow at a CAGR of 4.8 % from 2016 to 2021” The global automotive lead acid batteries market is projected to reach USD 45.03 billion ...


ref:plp2017

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.