Lithium nickel cobalt manganese Oxide short form- NMC (NCM, CMN, CNM, MNC, MCN similar with different metal combinations) is kind of anode materials, which is mainly used to manufacture energy cells or power cells. This materials combines the lithium cobalt oxide is known for its high specific energy but poor stability; lithium manganese oxide has the benefit of forming a spinel structure to achieve low internal resistance but offers a low specific energy. Lithium nickel cobalt manganese oxide combining the metals enhances each other strengths.
Lithium nickel cobalt manganese oxide is a major cathode material of lithium battery, and it accounts for about 45% market share of cathode material of lithium battery in the world. It combines advantage of lithium manganese oxide, lithium nickel oxide, lithium cobalt oxide, such as security, high power capacity, stability, etc.
Global demand of lithium nickel cobalt manganese oxide will increase to 75610 MT in 2015 from 21031 MT in 2010. It is estimated that supported by downstream industries, global demand of lithium nickel cobalt manganese oxide demand will keep increasing with an average growth rate of 29.53% in the coming five years. In addition, similar with that of globe, the demand of lithium nickel cobalt manganese oxide in China will increase from 5303 MT in 2010 to 27997 MT in 2015, accompanied with an average demand growth of 40.19% in the coming five years.
China, Japan and Korea, accounting for 87.5% production share in 2014, are three main producing countries which dominant not only lithium nickel cobalt manganese oxide, but also cathode material, even lithium battery. Umicore, NICHIA CORPORATION, L&F, Shanshan Advanced Materials are the main lithium nickel cobalt manganese oxide manufacturers in the world.
Lithium nickel cobalt manganese oxide produced battery materials for small mobile devices at first. With the Promoting the development and using of new energy by countries, battery materias for EV of Large-scale LIB grows quickly in recent years, and will be the main development tendency.
Compared with foreign giants, lithium nickel cobalt manganese oxide produced by Chinese manufacturers still has a certain gap. Chinese lithium nickel cobalt manganese oxide manufacturers are dedicated to improving their technology and narrowing down the performance gap with foreign giants.
We tend to believe that this industry still has a bright future, considering the current demand of lithium nickel cobalt manganese oxide. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
According to this study, over the next five years the Lithium Nickel Cobalt Manganese Oxide market will register a xx% CAGR in terms of revenue, the global market size will reach USD xx million by 2024, from USD xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Lithium Nickel Cobalt Manganese Oxide business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Lithium Nickel Cobalt Manganese Oxide market by product type, application, key manufacturers and key regions and countries.
This study considers the Lithium Nickel Cobalt Manganese Oxide value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
TODA KOGYO CORP
AGC SEIMI CHEMICA
Shanshan Advanced Materials
Jinhe New materials
Easpring Material Technology
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Lithium Nickel Cobalt Manganese Oxide consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Lithium Nickel Cobalt Manganese Oxide market by identifying its various subsegments.
Focuses on the key global Lithium Nickel Cobalt Manganese Oxide manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Lithium Nickel Cobalt Manganese Oxide with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Lithium Nickel Cobalt Manganese Oxide submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.