Lithium-Ion Battery Insights
2025-07-16 02:14:44

SVP Japan Releases Insights on Lithium-Ion Battery Electrode Market Growth and Trends

SVP Japan Unveils Market Insight Report on Lithium-Ion Battery Electrode Materials



In a noteworthy development, SVP Japan, a market research service provider based in Chuo-ku, Tokyo, has released its latest analysis report titled "Lithium-Ion Battery Electrode Materials: Current Status and Future Prospects in the Global Market." This report is exclusively available to its member companies, shedding light on critical industry trends and forecasts.

The Global Market for Lithium-Ion Battery Electrode Materials



The electrode materials essential for lithium-ion batteries (LiBs) have seen a dramatic rise in demand recently, driven by the swift adoption of electric vehicles (EVs). In 2023, the global market for these materials reached ¥6 trillion, marking approximately a twofold increase from 2021. However, in 2024, the EV market is expected to experience a temporary slowdown, coupled with an oversupply of electrode materials, which may result in a decline in prices. Projections indicate that shipment revenues could fall by over 20% compared to the previous year.

Despite this forecast, demand is anticipated to rebound, reaching the 2023 levels by 2026 and further expanding by 2027. The market is expected to continue its growth until the widespread adoption of next-generation batteries begins after 2030.

Regionally, China leads the demand landscape, followed closely by South Korea and Japan. In terms of product types, the emphasis remains significantly on cathode materials.

Market Overview of Lithium-Ion Battery Electrode Materials



Electrode materials directly influence both the performance and manufacturing costs of LiBs and are divided into two primary categories: cathode and anode materials. Among cathode materials, there has been a noticeable shift from traditional powerhouses such as Nickel Manganese Cobalt (NMC) and Lithium Nickel Cobalt Aluminum Oxide (NCA) towards the more affordable Lithium Iron Phosphate (LFP). While LFP has inferior energy density, its cost-effectiveness has made it increasingly popular for low-cost EV applications. For high-performance applications, NMC and NCA remain dominant. Moreover, development is underway for a high-performance variant of LFP, known as LMFP (Lithium Manganese Iron Phosphate), sparking intensified competition within the market.

On the anode side, graphite continues to be the predominant material. However, advancements in alternative materials such as silicon-based substances are underway, paving the way for technological innovations and significant changes in the market landscape.

Structure of the Report



The report is organized into the following sections:
1. Definition of the Market
2. Market Trends
3. Market Size & Projections
4. Market Share
5. Dynamics of Entering Companies
6. Industry Structure

How to Access This Report



This comprehensive market analysis is accessible exclusively to SVP members. Interested parties can become SVP members to gain full access to regularly released market research reports. Additionally, SVP members benefit from quick research and project research concerning business inquiries.

For those looking for further information or to request materials regarding SVP Japan, additional details are available below.

About SVP Japan



Founded with a mission to provide accessible business intelligence for success, SVP Japan offers a member-exclusive information service. The firm supports decision-making for member companies, primarily large enterprises, through quick research and custom project research based on publicly available business information. Established in 1974, SVP Japan has expanded to a network encompassing 40 countries worldwide. In 2021, SVP embarked on a new chapter by renewing its governance and expanding its information services to adapt to evolving business needs.

Company Overview


  • - Name: SVP Japan, Inc.
  • - CEO: Masashi Hashimoto
  • - Location: 1-38-9, Nihonbashi Kakigara-cho, Chuo-ku, Tokyo, 2F Miyamae Building
  • - Founded: July 1, 1974
  • - Services: Member-based business information provision
  • - Website: SVP Japan

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Contact Us via Email

SVP Japan
  • - CEO: Masashi Hashimoto
  • - Location: 1-38-9, Nihonbashi Kakigara-cho, Chuo-ku, Tokyo, 2F Miyamae Building
  • - Founded: July 1, 1974
  • - Services: Member-based business information provision
  • - URL: https://www.svpjapan.com
  • - Twitter: @svp_japan


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