|
|
 |
|
Viewing report
|
|
|
|
Global Opportunity Analysis for Chemical and Material Suppliers in the Electric Vehicle Batteries Market
Frost & Sullivan, July 2010, Pages: 103
This study is an opportunity analysis of chemicals and materials used in electric vehicle battery components market. The study include lithium ion battery separators, electrolytes, binders, battery anode materials, battery cathode materials, and laminates. The geographical scope of the study involves North America, Western Europe, Japan, China and India. The market opportunities for the individual chemicals and materials were discussed in detail by region and forecasts has been provided for the same. Key strategic recommendations for the total chemicals and materials used in electric vehicle battery components were also discussed.
Research Overview
This Frost & Sullivan research service titled Global Opportunity Analysis for Chemical and Material Suppliers in the Electric Vehicle Batteries Market provides a comprehensive review of all the components found within an electric vehicle (EV) battery. In this research, Frost & Sullivan's expert analysts thoroughly examine the following segments: separators, anodes, cathodes, electrolytes as well as binders and casings.
Market Overview
Chemical and Material Suppliers in the Electric Vehicle Batteries Market to Benefit from the Demand for Battery Technology and Supply
EVs use electric motors instead of an internal combustion engine (ICE) to propel a vehicle. There is a greater demand for battery technology, as the market for EVs is developing and evolving. The chemical industry participants have recently discovered the opportunities to supply materials and components to this market, thereby triggering a race to develop products. “All the major automotive manufacturers are developing EVs – considered the next generation of vehicles and a means for original equipment manufacturers (OEMs) to differentiate themselves to stay ahead of the competition,” says the analyst of this research. “Escalating oil prices and environmental concerns over harmful emissions are driving governments to grant incentives and encourage zero emission vehicles, further endorsing the importance of EVs and stepping-up the demand for EV batteries.” Chemicals and materials suppliers in the EV batteries market are poised to experience exponential growth, as several major OEMs are launching their EV range with a plan for commercial production.
However, only a few market participants supply separators, electrolytes, anodes and cathodes, particularly in Europe, potentially causing a bottleneck in the entire EV batteries market. Chemical and battery companies have failed to keep pace with the development of vehicles. “The market will face significant price pressure from downstream companies,” explains the analyst. “Additionally, increasing competition from low-cost production locations will intensify the profit margin reduction for chemical suppliers.”
With the EV batteries market showing signs of genuine potential in this decade, chemical companies are beginning to rise to the challenge and are partnering with the key battery producers to supply the required volumes and enhance the existing battery technology. “EV batteries need considerable improvement in terms of energy storage capacity, size, weight, and cost,” concludes the analyst. “The chemical industry can help achieve these goals with the development of innovative materials, chemicals, and solutions.”
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
- Separators
- Anodes
- Cathodes
- Electrolytes
- Binders and casings
Product samples
A sample for this product is available. Please Login/Register to download this sample.
Customers who bought this item also bought
Global and Chinese Lithium Battery Industry Report, 2010-2011
Global and Chinese Lithium Battery Industry Report, 2010-2011
China Li-ion Battery and Its Raw Materials Industry Report, 2009-2010
China Li-ion Battery and Its Raw Materials Industry Report, 2009-2010
Rechargeable Batteries - Global Strategic Business Report
Global and China Rechargeable Lithium Battery Industry Report, 2009-2010
Global and China Rechargeable Lithium Battery Industry Report, 2009-2010
China Li-ion Battery & Its Raw Materials Market Report, 2007-2008
China Li-ion Battery & Its Raw Materials Market Report, 2007-2008
Asia Pacific Secondary Lithium Battery Market
|
|
|
|
