Batteries are the twenty-first century’s oil barrels. Over the past decade, the battery industry has progressed sufficiently to enable portable consumer electronics, the mobile internet, the first electric cars, and the initial adoption of intermittent renewable power storage and generation. Given the accelerating and expanding role stored energy will play in tackling global warming, it will become one of the world’s most significant industries over the next 10 years.
There will likely be a severe but temporary global battery shortage by 2025 due to a sudden increase in demand for electric vehicles (EVs) and a shortage of mined and refined battery metals, akin to the current chip shortage. However, the industry is investing heavily to prevent this from becoming a sustained threat by reducing its use of scarce materials, developing new materials and battery technologies, and, most important of all, developing a scaled-up global battery recycling industry. Meanwhile, China’s control of the entire global supply chain, from mines and refiners to component markers and cell producers, is a mounting geopolitical issue. The US and Europe are taking significant steps to reduce the dependence on China within their batteries supply chain by the end of the decade.
There will likely be a severe but temporary global battery shortage by 2025 due to a sudden increase in demand for electric vehicles (EVs) and a shortage of mined and refined battery metals, akin to the current chip shortage. However, the industry is investing heavily to prevent this from becoming a sustained threat by reducing its use of scarce materials, developing new materials and battery technologies, and, most important of all, developing a scaled-up global battery recycling industry. Meanwhile, China’s control of the entire global supply chain, from mines and refiners to component markers and cell producers, is a mounting geopolitical issue. The US and Europe are taking significant steps to reduce the dependence on China within their batteries supply chain by the end of the decade.
Scope
- This report provides an overview of the batteries theme.
- It identifies the key trends impacting growth of the theme over the next 12 to 24 months, split into three categories: technology trends, macroeconomic trends, and regulatory trends.
- It includes analysis of multiple data sets, including patents and M&A trends, alongside a timeline highlighting milestones in the development of the batteries.
- The detailed value chain discusses the core segments, including raw materials, smelting and refining, component makers, battery technologies, end markets, and end of life.
Reasons to Buy
- Battery recycling is as much about geopolitics as it is about environmental sustainability.
- The circular battery economy will be critical to the energy transition, and it is vital for nations (and companies) to develop domestic recycling.
- This report provides an invaluable overview of the batteries, its challenges, and its potential impacts.
Table of Contents
- Executive Summary
- Players
- Technology Briefing
- Trends
- Technology trends
- Macroeconomic trends
- Regulatory trends
- Industry Analysis
- Market size and growth forecasts
- Patents
- Mergers and acquisitions
- Timeline
- Value Chain
- Raw materials
- Smelting and refining
- Component makers
- Battery technologies
- End markets
- End of life
- Companies
- Public companies
- Private companies
- Sector Scorecards
- Component makers sector scorecard
- Vehicle manufacturing sector scorecard
- Consumer electronics sector scorecard
- Glossary
- Further Reading
- Our Thematic Research Methodology
- About the Publisher
- Contact the Publisher
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3D0M Singapore
- 3M
- ABB
- ADS-TEC Energy
- AES
- African Rainbow Minerals
- Air Products
- Akasol
- Albermarle
- Alkem
- Alpine 4 Holdings
- Ambri
- AMICO India
- Amvolt
- AngloAmerican
- Anhui New Materials (Conch Ventures)
- Antofagasta
- Apple
- Arcelor Mittal
- Asahi Kasei
- Asus
- ATEPS
- BASF
- BHP
- Blitz F21-842 (BorgWarner)
- Bloom Energy
- Briggs & Stratton
- Brookfield Business Partners
- BYD
- Canada Cobalt
- Cangzhou Mingzhu Plastic
- CATL
- Celgard
- Ceres Power
- China Molybdenum
- Chubu Electric
- Codelco
- Comstock
- Daikin Industries
- Dell
- Duke Energy
- Duracell
- E.ON
- East Penn Manufacturing
- Ecobat
- Elec Jet Real Graphene
- Électricité de France
- Emrol
- Enel
- Energize
- EnerSys
- Enovic
- Enovic
- Entek International
- Eramet
- Evenate
- Eveready
- Exide
- Faradion
- First Quantum Minerals
- Fleurette Group
- Fortescue Metals
- Freeport-McMoRan
- Fuel Cell Energy
- Gamou Capital
- Ganfeng Lithium
- GE
- Gecamines
- Geely
- General Motors
- Glencore
- Gotion High-tech
- Great Power
- Greatpower Nickel & Cobalt Materials
- Group 14
- Grupo México
- GS Battery
- GS Yuasa
- Guangdon Kaijin New Energy Technology
- Guangzhou Tinci
- Heritage Battery Recycling
- Hibar Systems
- Hitachi Chemical
- HP
- Huarong Chemical New Material
- Huawei
- Huizhou Yiwei Lithium Energy
- Hunan Zongke
- Hyundai
- Ilika
- Ion Storage Systems
- Ionic Materials
- Ivanhoe Capital Acquisition
- Jiangxi Ganfeng
- Jiangxi Zichen Technology
- Johnson Controls International
- Johnson Matthey
- Kansai Electric
- Kidman Resources
- Koura
- Kureha
- Leading Edge Materials
- Lenovo
- Leoch
- LG Energy Solution
- Li-Cycle
- Linde
- Lishen
- Lithion recycling
- Lithium Americas
- Livent
- Maxwell Technologies
- MeiDu Energy
- Mercedes Benz
- Microvast
- Millennial Lithium
- Mitsubishi
- Mitsubishi Chemical
- Mitsubishi Electric
- Mitsui
- Mitsui Mining & Smelting
- Murata
- Nabaltec
- Nacional de Grafite Limitida
- NEC Energy Solutions
- NEC Tokin
- NEI Corporation
- Nexeon
- NGK Insulators
- Ningbo Shanshan
- Nippon Chem
- Norilsk Nickel
- Northern Graphite
- Northvolt
- Ohara
- Oppo
- Orocobre
- Pacific Gas & Electric
- Panasonic
- Peridot Acquisition
- Pilbara Minerals
- POSCO
- Proviridis
- Qingdao Manganese Series Investment
- Qinghai Qaidam Xinghua Lithium Salt
- Qualmega
- QuantumScape
- Redwood Materials
- Reenova Investment
- Reliance
- Retriev Technologies
- Rio Tinto
- RMG Acquisition
- Romeo Systems
- SAIC
- Samsung
- Samsung SDI
- Savion
- Semcorp
- SES Holdings
- Shandong RuiFu Lithium Industry
- Shangtai Technology
- Shanshan Group
- Shell New Energies
- Shenzhen Capchem Technology
- Shenzhen BTR
- Shenzhen Nova
- Shin Etsu
- Shinzoom
- Sichuan Zhiyuan
- Siemens
- SiILion
- Sila Nanotechnologies
- Silatronix
- SimpliPhi Power
- SK Innovation
- Skeleton Technologies
- Solvay
- Sony
- South32
- Jupiter Mines MOIL
- SQM
- Stellantis
- Sumitomo
- Syrah Resources
- Taizhou Hengchuan New Energy Materials Technology
- Talga Resources
- Tesla
- Tianqi Lithium
- Toda Kogyo
- Toray Industries
- Tuscan Holdings
- Ube Industries
- UCAP Power
- Umicore
- Vale
- Vale Ivanhoe Mines
- Vianode
- Volkswagen
- Wesfarmers
- Wodinga Lithium Project (Mineral Resources)
- W-Scope
- Xiamen Shouneng Technology
- Xiaomi
- XTC New Energy
- Yunnan Chuangxin New Material
- Zhangjiagang Guotai
- Zhenhua Shares
- Zijn Mining
