Bharat Book

Markets Report on Materials Lithium Batteries Industry

Press Release   •   Jan 18, 2016 14:05 IST

Jan 18 2016 Mumbai, India: Bharatbook.com announces a report on “ Markets Report on Materials Lithium Batteries Industry ”. This report provides a unique analysis of the global lithium battery and associated materials market, and will be of interest to manufacturers and users of these batteries.

The global market for lithium batteries totaled $5.9 billion in 2010. The market should reach $10.6 billion in 2015 and $13.3 billion in 2020, demonstrating a compound annual growth rate (CAGR) of 4.5% from 2015 to 2020.

This report provides:

An overview of the markets for lithium batteries and materials.
Analyses of market trends, with data from 2010, estimates for 2015, and projections of compound annual growth rates (CAGR) through 2020. https://www.bharatbook.com/consumer-electronics-market-research-reports-430044/lithium-batteries-materials.html
Details about the six commercial and developmental lithium battery types, nearly 30 commercialized electrode couples, and more than 1,000 specific designs.
Coverage of the global primary and secondary markets that provides the basis for a detailed analysis of lithium battery materials technology.
Identification of the following sectors: Portable products, medical products, implantable, not implantable, stationary applications, military/aerospace, and automotive and motive power; and in materials, electrode materials and active elements, lithium battery electrolytes, and battery separators.
Profiles of major players in the industry.

STUDY GOALS AND OBJECTIVES

Originally, the term “battery” referred to a number of individual electrochemical cells; therefore, a single cell, like the familiar cylindrical flashlight power source, was not considered a battery at all. Now a battery refers to any electrochemical storage mechanism.

A battery has five components: two active elements (a cathode and an anode), a separator, an electrolyte medium for carrying ions between the reactants through the separator and a container. One reactant or electrode has a net negative charge and is called the anode. In lithium batteries, the anode material is lithium, or in a few cases, a lithium-aluminum alloy. In some cases, the anode is metallic lithium; in other instances, including lithium-ion cells, the anode consists of an ionic lithium compound. The other reactant electrode, with a positive charge, is called the cathode. The cathode usually is a metallic compound. The electrolyte is usually similar to the cathode to promote ion transfer. Finally, the battery is contained in a case that provides dimensional stability and a positive and negative electrode or battery cap for discharging (or recharging) the cell. A number of separate electrochemical cells are combined within the same case to create a battery.

Until about 25 years ago, the battery market was seen as mature, with demand closely related to sales of either automobiles or various consumer products. Since then, improved lithium batteries have helped spark a dramatic change in this relationship. Just as lithium batteries replaced nickel-based and primary batteries for many applications, traditional lithium-ion battery designs are beginning to be replaced by advanced lithium-ion chemistries like lithium phosphate, lithium-iron phosphate, lithium titanate, lithium-sulfur and lithium-polymer systems.

Lithium batteries were developed in the 1960s and were first commercialized in the early 1970s, but did not receive wide consumer use until 1981. There are now six general commercial and developmental lithium battery designs, nearly 30 commercialized lithium-containing electrode couples and more than 1,000 specific designs. The latest generation of lithium batteries includes very large cells suitable for powering vehicles or storing significant amounts of utility power as well as very small thin-film cells capable of powering micro-electromechanical systems (MEMS).

Improved lithium batteries have allowed the commercialization of entire new classes of portable products, including portable computer computers, smartphones and tablet computers. Lithium batteries have now been used in commercial plug-in electric vehicles (EVs) and hybrid electric vehicles (HEVs).

During the 1990s, lithium batteries posted double-digit market growth. Between 2000 and 2005, there was a period of steady sales or incremental growth (as opposed to the double-digit growth of the 1990s). Lithium battery unit sales then picked up through the 2008 financial crash. In mid-2008, sales and market value fell due to the global recession. The market has now recovered and is once more growing incrementally. Predictions that a new era of double-digit growth will soon take place depend on the fortunes of the electric vehicle market, and to a lesser extent, the large stationary utility power markets. Companies are now preparing to expand production to support both these markets, even as sharply reduced oil prices remove some of the economic incentives for Evs.

Lithium batteries are linked to serious failure modes, including incidents where they set portable computers on fire, where EV batteries caused vehicles to burn and where the Dreamliner civil aircraft fleet was grounded due to overheating. Technical solutions have been developed, and in many cases, the failure mode was more related to the battery casing or device interface and not to the battery itself. These new designs and better quality-controlled improved external control systems reduce these risks but give pause to some designers and open the door to competing energy-storage systems.

With this background in mind, this study summarizes the global primary and secondary lithium battery markets. This provides the basis for a detailed analysis of global lithium battery material technology and markets.

REASONS FOR DOING THE STUDY

The lithium battery industry has recovered from the “exciting” period of 2008 through 2011. During that pivotal period, the U.S., Europe and Asia kicked off several unprecedented (and expensive) lithium battery and electric vehicle subsidies, the number of well-funded lithium battery companies skyrocketed, several new giant lithium battery-using consumer products were introduced—and then the global recession swept away these gains.

-First, several of lithium batteries’ largest and highest growth markets entered a period of retraction. Even as “must-have” portable products, like smartphones (initially iPhones but then equally popular competitors) and then the whole tablet approach to portable computing and entertainment grew in popularity, battery-powered portable computer and cell phone sales fell.

-Meanwhile the newly elected administration of President Barack Obama announced plans to fund billions of dollars in U.S. lithium battery development. The administration canceled billions of dollars’ worth of funding for Bush-era fuel-cell-and hydrogen-power-vehicle development funding. The Obama Administration also implemented new Corporate Average Fuel Economy (CAFE) fuel-efficiency standards that will provide a significant incentive for wider HEV and EV use. By 2012, the results were coming in, and they were not encouraging. Several high-profile, well-funded lithium battery makers, lithium battery material producers and electric vehicle makers were bankrupt or even ceased operation. Some of these subsidized companies were sold to non-U.S. firms. Two leading would-be plug-in sources (GM and Chrysler) filed for bankruptcy.

-Since then, U.S. gasoline prices peaked, fell, peaked and have fallen once more. Eight years ago, prices topped $4 per gallon, then after the recession progressed, they fell to less than $2 per gallon, then stabilized at over $3 a gallon. Then in late 2014, just as HEV and EV sales were promising, an unanticipated oil glut drove down oil prices too as low as $40 a barrel (from over $120) and gasoline prices to as low as $1.80. l Due to global recessionary forces and some safety issues, hybrid vehicle sales faltered, then stabilized, and then resumed robust growth; however, not with lithium batteries in most cases. In fact, there are major concerns about the future of developmental plug-in Evs.

-In 2008 and 2009, there were significant concerns about whether there were enough lithium reserves to meet lithium battery demand. Since 2012, this has turned out to be a non-issue. This is partially due to lower than predicted demand and partially because of a number of “emerging” producers that are beginning to develop lithium reserves in China, Canada, Australia and elsewhere (from Wyoming to Ireland). Meanwhile, the Bolivian government began developing its vast Bolivian lithium salt deposits and even building small amounts of lithium batteries.

-Even though U.S. and European lithium battery manufacturing is underway, most lithium batteries are still currently manufactured in Japan, South Korea or China. Lithium battery material companies include South American, U.S. and Canadian companies. Most lithium salts currently come from Chile, but Bolivia has vast reserves that could soon be developed. Lithium battery research and development (R&D) takes place worldwide, but especially in the Far East, the U.S., Europe (especially France) and Canada. At the same time, there are an increasing number of multinational lithium battery partnerships, including partnerships between U.S. and European or Far East companies.

Most of these developments were considered likely five years ago. Previous forecasts and analyses either did not consider them or treated these factors as relatively unlikely pessimistic or optimistic scenarios. This report study is based on a new consensus.

SCOPE OF THE REPORT

This report begins with a discussion of primary and secondary lithium battery technologies and markets.

The following lithium battery markets are analyzed:

Portable products

-Computing, smartphones, tablets.

-Others.

Medical products

-Implantable.

-Not implantable.

Stationary applications

-Computer memory preservation.

-Uninterruptible power supplies.

-Load leveling and alternative energy storage.

Military/aerospace

-Primary batteries.

-Secondary batteries.

-Developmental.

Automotive and motive power

-Industrial electric vehicles (traction).

-Plug-ins and hybrid vehicle motive power (EVs and HEVs).

-Automotive security.

The report then concentrates on lithium battery materials:

Electrode materials and active elements

-Aluminum.

-Cobalt compounds.

-Conductive polymers.

-Copper compounds.

-Electrolytic manganese dioxide.

-Halogens.
-Fullerenes.

-Inorganic carbon.

-Lithium metal and compounds.

-Nickel metal and compounds.

-Rare earth compounds.

-Sulfur compounds.

-Vanadium compounds.

Lithium battery electrolytes.

Battery separators.

These market segments are defined, leading global companies are identified and the markets analyzed (including a five-year market projection).

Lithium battery companies are identified and profiled. Each profile includes points of contact and a discussion of structure, description and activity.

METHODOLOGY

Throughout the report, past market data are expressed in current U.S. dollars, and estimates and projections are in constant 2015 U.S. dollars. Historic markets (2010), current (2015) and the projected market for 2020 are provided. Most market summaries are based on a consensus scenario for wholesale (producer) prices that assumes no unanticipated technical advances and no unexpected legislation. When appropriate, pessimistic, consensus and optimistic market scenarios characterize several emerging markets. Totals are rounded to the nearest million dollars. When appropriate, information from previously published sources is identified to allow a more detailed examination by clients.

INTENDED AUDIENCE

This report provides a unique analysis of the global lithium battery and associated materials market, and will be of interest to manufacturers and users of these batteries. This report will be especially useful to material miners, compounders and fabricators. It also will be valuable to those involved in battery development and marketing, as well as those offering competing power sources. It wishes to thank those companies, government agencies and university researchers that contributed information for this report.

INFORMATION SOURCES

Both primary and secondary research methodologies were used in preparing this report, which is based on interviews with commercial and government sources, literature reviews and patent examinations. An in-depth analysis of technical and business literature and published dissertations; a review of the history of the technologies involved; and interviews with industry experts, company representatives, federal government researchers and university scientists provides an assessment of the outlook for alternative electrical power storage. Other information sources include product literature from suppliers, scientific references, conferences and patent searches.

For more information kindly visit : https://www.bharatbook.com/consumer-electronics-market-research-reports-430044/lithium-batteries-materials.html

Related Reports : https://www.bharatbook.com/consumer-goods-market-research-report/consumer-electronics.html

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