全球二次電池材料市場（2026-2037 年）

二次電池材料市場是能源轉型上游的基礎。所有使用可充電電池的電動車電池、所有電網儲能系統以及所有消費性電子產品都依賴正極活性材料、負極材料、電解液和隔膜，這些材料決定了電池的能量密度、功率性能、循環壽命、安全性和成本。二次電池材料市場決定了電池的性能水平，因此，對於任何關注能源轉型速度和成本的人來說，了解該市場的發展方向都至關重要。

自1990年代鋰離子電池技術商業化以來，二次電池材料市場正經歷最顯著的結構性變化。由於成本因素，磷酸鐵鋰電池（LFP）正在儲能和低續航里程電動車應用中取代鎳基複合材料（NMC）。矽碳複合負極的量產也已開始，其能量密度已超越石墨。固體電解質正從實驗室研究轉向汽車開發專案。此外，鈉離子電池材料也已開始商業化生產，作為特定應用領域的無鋰替代方案。所有這些變化同時發生，使得二次電池材料市場比以往任何時候都更加充滿活力，技術也更加複雜。

全球二次電池材料市場（2026-2037 年）－重點研究範圍

• 陰極活性材料 - NMC（811、622、532 和高壓型）、LFP、NCA、LMFP、高壓尖晶石陰極；製造製程；主要製造商；LFP 與 NMC 的市佔率趨勢（截至 2037 年）。
• 負極材料－鋰金屬負極的發展現狀，包括天然和合成石墨、矽碳複合負極、純矽負極、鈉離子電池用硬碳，以及主要參與者的公司簡介。
• 電解質 - 液態碳酸鹽電解質、電解質添加劑的配方，以及從液態到固體和半固體電解質系統的過渡，適用於全固態電池應用。
• 隔膜－聚烯隔膜、陶瓷塗層隔膜、全固態電池用固體電解質膜隔膜，以及產能和成本分析。
• 電池黏合劑和導電添加劑－PVDF、水性黏合劑的替代品、使用炭黑和奈米碳管的導電添加劑系統，以及向乾電極加工過渡，從而消除溶劑型黏合劑系統。
• 鈉離子電池材料－對來自寧德時代、海納電池和其他商業製造商的層狀氧化物和普魯士藍類似物正極材料、硬碳負極材料和鈉離子電解質系統進行分析。
• 固體電解質材料－氧化物（LLZO）、硫化物（LGPS、鋁鐵礦）和聚合物固體電解質材料，用於全固態電池，以及技術成熟度和成本分析。
• 供應鏈和關鍵材料—鋰、鈷、鎳、錳、石墨和磷酸鹽的供應鏈分析。包括地緣政治風險評估和中國以外供應來源發展狀況的追蹤。
• 十年預測－2026年至2037年二次電池材料市場規模（依材料種類、電池化學、應用及地區分類）

這份二次電池材料市場報告是電池製造商、材料供應商和投資者了解能源轉型中最具影響力的材料市場的重要資訊來源。

該報告是電池製造商、正負極材料供應商、電動車製造商、儲能開發商和關鍵材料投資者的理想選擇。

可充電電池材料是指構成鋰離子電池及其組件（包括電池模組和電池包）的專用原料。這些原料包括正負極活性材料、電解、隔膜、導電添加劑和黏合劑、銅和鋁集流體，以及匯流排、絕緣材料和將電池組裝成實用電池包的結構外殼。目前，交通運輸電氣化和固定式儲能設施的同步擴張是推動電池材料需求成長的主要動力，而消費性電子產品則提供了規模較小但穩定的第三個需求來源。隨著全球鋰離子電池產量從目前的約1兆瓦時成長到2037年的數倍，材料需求也將隨之成長。然而，這種成長並非均衡的，因為每種材料的價值會因其化學成分組合、電池和電池包的結構以及加工過程的不同而有所差異。

該市場的特點是銷售與價值之間持續的張力。諸如磷酸鐵鋰正極材料和石墨負極材料等大批量生產的通用材料，隨著產能的擴張而成長，但利潤率仍然很低。另一方面，諸如矽負極材料、奈米碳管、氟化鋰碘化物（LiFSI）鹽和特種隔膜等小批量生產且規格要求嚴格的材料，其成長率更高，交易價格也更高。正極活性材料仍是最大的單一價值來源，這得益於鋰、鎳和鈷價格的波動。隨著矽的逐步引入，負極市場正在發生變化，而隔膜、電解和集電器則構成了一個技術要求較高的穩定中端市場。

預計在預測期內將出現兩項結構性變化。首先，封裝級工程（包括電池到封裝、電池到外殼以及電池到底底盤的設計）正在降低模組內組件的比例，同時提升鋁、高抗張強度鋼和複合材料等結構機殼材料的重要性。其次，乾電極（無溶劑）製程正在改變黏合劑和導電添加劑的需求結構，聚四氟乙烯（PTFE）和奈米碳管將取代傳統的聚偏氟乙烯（PVDF）和炭黑，成為更受歡迎的選擇。

幾乎所有細分市場的供應都高度集中於中國，而歐洲、美國、韓國和日本的新興產能則得益於美國「通貨膨脹控制法」第45X條和歐盟「關鍵原料法」的支持。替代風險——主要體現在成本敏感型儲能系統和入門級電動車中鈉離子電池的替代，以及向固態固態電池的長期轉型——連同關鍵原料的回收利用，共同決定著二次供應的格局。因此，一個規模龐大、快速成長且競爭激烈的市場正在形成中。到2037年，採購穩定性、在地化經濟效益和材料創新將日益成為決定競爭地位的關鍵因素，能夠平衡規模、防禦性和關鍵規格差異化的參與者將獲得豐厚回報。

「2026-2037年全球可充電電池材料市場」是一項商業市場研究，涵蓋鋰離子電池材料的整個價值鏈，從電芯活性材料到模組和電池組結構組件。本研究採用由下而上的方法，量化了每種材料的需求（噸）和市場價值（美元）。具體而言，它透過將全球電芯產量（吉瓦時）乘以每種化學成分和結構的材料強度因子來計算價格，然後提供直至2037年的年度預測。研究涵蓋價值鏈的八個環節：正極活性材料、負極活性材料（石墨和矽）、電解、鹽類和添加劑、隔膜、導電添加劑和黏結劑、集電器、模組材料以及電池組機殼和結構材料。此外，它還專門分析了乾電極（無溶劑）製程及其對電芯、黏結劑和導電添加劑市場的影響。

除了市場規模估算外，本報告還闡明了電動車、固定式儲能系統和家用電子電器的需求推動要素和終端市場結構。報告也分析了各細分市場的供應商趨勢和地理集中度，顯示了價格趨勢和成本結構，並根據美國「通膨控制法案」（IRA）第45X條和歐盟「基本原料法案」評估了供應鏈風險。比較分析章節將所有細分市場整合到一個價值和數量觀點，並進行了區域細分；情境分析章節則分析了化學成分組合、矽含量、乾式製程應用、鈉離子電池替代和本地化等方面的敏感性。報告末尾列出了主要參與者的公司簡介，涵蓋了正極材料、負極材料、電解、隔膜、添加劑、黏合劑、箔材、上游原料、電芯、固態固態電池、鈉離子電池和回收等領域。

目錄概要：

• 摘要整理- 主要預測、按材料分類的成長排名和公司趨勢
• 引言、研究範圍與調查方法－由下而上的GWh→強度→噸位→價值模型
• 全球鋰離子電池需求和材料強度模型—按應用、化學成分和終端市場細分的需求
• 正極活性材料－LFP、NMC、NCA、LMFP；鋰、鎳、鈷、錳
• 負極活性材料－天然和合成石墨；矽（SiOx、奈米矽、碳化矽）
• 電解－鹽（LiPF6、LiFSI）、溶劑和添加劑
• 分離器 - 濕膜和乾膜；陶瓷塗層
• 導電添加劑和黏合劑－炭黑、奈米碳管；聚偏氟乙烯、丁苯橡膠/羧甲基纖維素鈉
• 集電器－電池用銅箔和鋁箔
• 乾電極（無溶劑）製程－電池、黏合劑和導電添加劑的影響
• 模組材料－匯流排、互連線和絕緣體
• 機殼與結構材料－鋁、鋼、複合材料；CTP/CTB/CTC
• 比較分析、區域細分和供應鏈風險—包括 IRA/45X 和歐盟 CRMA 政策。
• 情境與敏感度分析－化學成分、矽含量、乾法製程、鈉離子、在地採購的組合
• 公司概況 - 涵蓋價值鏈的 439 家公司
• 附錄 -調查方法、詳細假設、需求模型表、Excel 表格索引、公司名錄及相關 FMI 研究

目標公司包括：24M Technologies, Inc., 2D Fab AB, 3DOM Inc., 6K Energy, AC Biode, Accurec Recycling GmbH, Achelous Pure Metal Company Limited, ACT-ion Battery Technologies, Addionics, Advanced Battery Recycle Co., Ltd. (ABR), Advanced Solid-State Electrolyte Technology Co., Ltd. (ASET), Advano, AE Elemental, AEGIS Critical Energy Defence Corp., AESC, AirMembrane Corporation, Albemarle, Allied Gra[hite, Allye Energy, Alsym Energy, Altairnano / Yinlong, Altech Batteries Ltd., Altilium Clean Technology, Altris AB, AMO Greentech, Ampcera, Inc., Amprius, Inc., Amtex, Anaphite Limited, Anhui Anwa New Energy, Anthro Energy, APB Corporation, Appear Inc., Arcadium Lithium, Argylium, Arkema, Asahi Kasei, Astracite, Ateios Systems, Atlas Materials, Attero Recycling, Australian Advanced Materials, Avanti Battery Company, AZUL Energy Co., Ltd, BAK Power Battery, Base Power, BASF, Basquevolt, Batrec Industrie AG, Battery Pollution Technologies, Battri, BatX Energies, Bedimensional S.p.A, BeePlanet Factory, Beijing Easpring, Beijing WeLion New Energy Technology, Bemp Research Company, BenAn Energy Technology, The BESSt Company, BGT Materials Ltd., Bihar Batteries, Birla Carbon, Biwatt Power, Black Diamond Structures, LLC, Blackstone Resources, Blue Current, Inc., Blue Solutions, Bodi, Inc., Breathe Battery Technologies, BrightVolt, Inc., Broadbit Batteries Oy, Brunp (CATL), BTR New Energy Materials, Inc., BTRY AG, BYD Energy Storage, Cabot Corporation, CALB, California Lithium Battery, CAMX Power, CAPCHEM, Carbon One, CarbonScape Ltd., CarbonX, CATL, CBAK Energy Technology, Inc., CCL Design, CEC Science & Technology Co., Ltd, CellCircle, CellCube, CellsX, CENS Materials Ltd., Central Glass Co., Ltd., Ceylon Graphene Technologies (Pvt) Ltd, Cham Battery Technology, Chasm Advanced Materials, Inc., Chemix, China Sodium-ion Times, Chongqing Tailan New Energy Co., Ltd., Cirba Solutions, Circunomics, CMBlu Energy AG, Cnano Technology (LB Group), CNGR, Connexx Systems Corp, Conovate, Coreshell, Customcells, cylib, Cymbet, Daejoo Electronic Materials, Daqus Energy, Denka, DFD, Do-Fluoride, Domolynx, Donut Lab Oy, Dotz Nano, DOWA Eco-System, Dreamweaver International, Duesenfeld GmbH, E-Magy, Easpring Finland New Materials, EBS Square, Ecellix, Echion Technologies等。

第1章摘要整理

第2章：引言、範圍與調查方法

第3章：全球鋰離子電池需求與材料強度模型

• 全球鋰離子電池應用需求
• 陰極化學成分的演變
• 細胞的區域性生產
• 從吉瓦時到材料需求
• 從需求到市場價值
• 依最終市場細分（電動車、儲能系統、消費品、其他）

第4章 陰極活性材料

• 概述及其在細胞中的作用
• 化學領域概述（LFP、NMC、NCA、LMFP）
• 化工產業需求預測
• 重要原料－鋰
• 主要原料－鎳
• 關鍵原料－鈷和錳
• 供應狀況和地理集中度
• 定價和成本結構
• 技術及替代方案（LMFP、鈉離子）
• 前景

第5章 陽極活性材料

• 概述和角色
• 石墨－天然石墨和合成石墨
• 矽負極材料（SiOx、奈米矽、Si-C）
• 2028年至2030年間以矽為基礎的藍圖與轉折點
• 需求預測
• 供應狀況
• 定價和成本結構
• 技術與替代品
• 前景

第6章 電解質

• 概述和功能
• 鹽類（LiPF6、LiFSI）
• 溶劑（EC、DMC、EMC、DEC、PC）
• 添加劑（VC、FEC）
• 需求預測
• 供應情況和價格
• 前景

第7章 分隔符

• 概述和功能
• 濕式和乾式製備基膜的比較
• 陶瓷塗層隔膜
• 需求預測
• 供應狀況
• 定價和成本結構
• 前景

第8章 導電添加劑和粘合劑

• 概述和功能
• 導電添加劑－炭黑
• 導電添加劑 - 碳奈米管/單壁奈米碳管
• 黏合劑 - 聚偏氟乙烯
• 黏合劑 - SBR/CMC
• 需求預測
• 供應與定價

第9章：集電器

• 概述和功能
• 電池用銅箔
• 用於電池的鋁箔
• 箔材厚度趨勢與材料效率
• 需求預測
• 供應情況和價格
• 前景

第10章 乾電極（無溶劑製程）

• 乾電極加工
• 電池市場及乾式製程的引進
• 對黏合劑市場的影響
• 對導電添加劑市場的影響
• 障礙因素：成本、資本投資和資格要求
• 前景

第11章模組材料

• 概述 - 模組式與單元式封裝
• 匯流排和互連線（銅、鋁）
• 模組絕緣材料和介電膜
• 需求預測（按主要材料分類）
• 供應與定價

第12章 包裝儲存設備及結構材料

• 概述 - 圍護結構的作用
• 鋁（擠壓和壓鑄產品）
• 高強度鋼
• 結構複合材料（SMC/GFRP、CFRP）
• 結構包整合（CTP/CTB/CTC）
• 需求預測（按主要材料分類）
• 前景

第13章：比較分析、區域細分與供應鏈風險

• 不同材料之間的預測性比較
• 金額與數量之間的差異
• 按地區分類的需求和價值
• 供應鏈集中度
• 關鍵物資供應面臨的風險
• 政策概述（美國 IRA/45X，歐盟 CRMA）
• 本地化前景

第14章：情境與敏感度分析

• 情境框架
• 化學成分的敏感性
• 對矽含量的敏感性
• 乾式製程引入的敏感性
• 鈉離子替代敏感性
• 定位敏感性
• 綜合情境的結果

第15章：公司簡介

• 陰極活性材料 96（33 家公司簡介）
• 陽極材料 - 石墨和碳 129（24 家公司的公司簡介）
• 陽極- 矽 153（29 家公司的公司簡介）
• 電解質、鹽類和添加劑：183 項（20 家公司的公司簡介）
• 204 家分離器公司（11 家公司簡介）
• 導電添加劑（碳奈米管、石墨烯、炭黑）215（28 家公司的公司簡介）
• 249 個活頁夾（9 家公司的公司簡介）
• 目前收藏品（箔片）：258 件（11 家公司的公司簡介）
• 269 上游原料與關鍵材料（13 家公司的公司簡介）
• 282 家鋰離子電池及電池組製造商（43 家公司簡介）
• 固態電池、鋰金屬電池、鋰硫電池：325（40家公司的公司簡介）
• 鈉離子材料與電池：350 家公司（18 家公司簡介）
• 364 個回收和資源再利用案例（51 家公司的公司簡介）
• 其他405家先進電池和材料開發公司（60家公司簡介）

第16章附錄

第17章參考文獻

The secondary battery materials market is the upstream foundation of the energy transition. Every EV battery, every grid storage system, every consumer electronics device that runs on a rechargeable cell depends on the cathode active materials, anode materials, electrolytes, and separators that define that cell’s energy density, power capability, cycle life, safety, and cost. The secondary battery materials market determines what batteries can do - and understanding where it is heading is essential for anyone who cares about the pace and cost of the energy transition.

The secondary battery materials market is undergoing its most significant compositional shift since the commercialisation of lithium-ion chemistry in the 1990s. LFP is displacing NMC in energy storage and lower-range EV applications on cost grounds. Silicon-carbon composite anodes are entering volume production to extend energy density beyond the limits of graphite. Solid electrolytes are transitioning from laboratory curiosity to automotive programme. And sodium-ion battery materials are entering commercial production as a lithium-free alternative for specific applications. All of these transitions are happening simultaneously, creating a secondary battery materials market that is more dynamic and more technically complex than at any previous point in the industry’s history.

Secondary Battery Materials Market Report 2026-2037 - Key Coverage Areas

• Cathode Active Materials - NMC (811, 622, 532 and high-voltage variants), LFP, NCA, LMFP, and high-voltage spinel cathodes; production processes; leading manufacturers; and the LFP-versus-NMC market share evolution through 2037
• Anode Materials - natural and synthetic graphite, silicon-carbon composite anodes, pure silicon anodes, hard carbon for sodium-ion, and lithium metal anode development status with leading company profiles
• Electrolytes - liquid carbonate electrolyte formulations, electrolyte additives, and the transition from liquid to solid and quasi-solid electrolyte systems for solid-state battery applications
• Separators - polyolefin separators, ceramic-coated separators, and solid electrolyte membrane separators for all-solid-state batteries with production capacity and cost analysis
• Battery Binders and Conductive Additives - PVDF, water-based binder alternatives, carbon black and carbon nanotube conductive additive systems, and the dry electrode processing transition eliminating solvent-based binder systems
• Sodium-Ion Battery Materials - layered oxide and Prussian blue analogue cathodes, hard carbon anodes, and sodium-ion electrolyte systems with CATL, HiNa Cell, and other commercial producer analysis
• Solid Electrolyte Materials - oxide (LLZO), sulfide (LGPS, argyrodite), and polymer solid electrolyte materials for solid-state batteries with technology readiness and cost analysis
• Supply Chain and Critical Materials - lithium, cobalt, nickel, manganese, graphite, and phosphate supply chain analysis with geopolitical risk assessment and ex-China supply development tracker
• 10-Year Forecasts - secondary battery materials market value by material type, battery chemistry, application, and region from 2026 through 2037

The secondary battery materials market report is the definitive intelligence resource for battery manufacturers, material suppliers, and investors navigating the most consequential materials market of the energy transition.

Ideal for battery manufacturers, cathode and anode material suppliers, EV manufacturers, energy storage developers, and critical material investors.

Secondary (rechargeable) battery materials are the engineered inputs that make up a lithium-ion cell and its surrounding module and pack - cathode and anode active materials, electrolyte, separator, conductive additives and binders, and the copper and aluminium current collectors, together with the busbars, insulation and structural housing that turn cells into a usable pack. Demand is driven overwhelmingly by the electrification of transport and the parallel build-out of stationary energy storage, with consumer electronics a smaller but stable third stream. As global lithium-ion output scales from roughly one terawatt-hour today toward several times that by 2037, material demand rises in step - though not uniformly, because chemistry mix, cell and pack architecture, and processing route all reshape which materials capture value.

The market is defined by a persistent tension between volume and value. High-volume commodities such as LFP cathode and graphite anode grow with capacity but carry thin margins, while smaller, specification-critical materials - silicon anode, carbon nanotubes, LiFSI salt, engineered separators - grow faster in percentage terms and command premium pricing. Cathode active materials remain the largest single value pool, anchored to volatile lithium, nickel and cobalt prices; anode is being reshaped by the gradual introduction of silicon; and separators, electrolytes and current collectors form steady, technically demanding mid-tier markets.

Two structural shifts run through the forecast period. First, pack-level engineering - cell-to-pack, cell-to-body and cell-to-chassis designs - is eroding module content while raising the importance of structural housing materials such as aluminium, high-strength steel and composites. Second, dry-electrode (solvent-free) processing is beginning to reshape binder and conductive-additive demand, favouring PTFE and carbon nanotubes over incumbent PVDF and carbon black.

Supply is acutely concentrated in China across nearly every segment, with nascent Western, Korean and Japanese capacity supported by the US Inflation Reduction Act, Section 45X and the EU Critical Raw Materials Act. Substitution risk - principally sodium-ion in cost-sensitive storage and entry EVs, and solid-state over the longer term - sits alongside recycling and critical-material recovery as swing factors for secondary supply. The result is a large, fast-growing but strategically contested market in which sourcing security, localisation economics and materials innovation increasingly determine competitive position through 2037, rewarding participants who can pair scale with defensible, specification-critical differentiation.

The Global Secondary Battery Materials Market 2026–2037 is a commercial market study of the full lithium-ion battery materials value chain, from cell active materials through to module and pack-structural components. It quantifies demand (in tonnes) and market value (in US dollars) for each in-scope material on a bottom-up basis - global cell output in gigawatt-hours, multiplied by chemistry- and architecture-specific material-intensity factors, then priced - with annual forecasts extended to 2037. The study covers eight value-chain segments: cathode active materials; anode active materials (graphite and silicon); electrolyte, salts and additives; separators; conductive additives and binders; current collectors; module materials; and pack-housing and structural materials. It also provides a dedicated analysis of dry-electrode (solvent-free) processing and its effect on the cell, binder and conductive-additive markets.

Beyond sizing, the report maps demand drivers and end-market splits across electric vehicles, stationary storage and consumer electronics; profiles the supplier landscape and geographic concentration for every segment; sets out pricing trends and cost structures; and assesses supply-chain risk against the US IRA/Section 45X and the EU Critical Raw Materials Act. A comparative-analysis chapter reconciles all segments into a single value-and-volume view with a regional breakdown, and a scenarios chapter tests sensitivity to chemistry mix, silicon loading, dry-process adoption, sodium-ion substitution and localisation. The study closes with a company-profiles directory spanning cathode, anode, electrolyte, separator, additive, binder, foil, upstream raw-material, cell, solid-state, sodium-ion and recycling players.

Contents summary:

• Executive summary - headline forecasts, material growth ranking and company landscape
• Introduction, scope and methodology - the bottom-up GWh → intensity → tonnage → value model
• Global Li-ion demand and the material-intensity model - demand by application, chemistry mix, end-market split
• Cathode active materials - LFP, NMC, NCA, LMFP; lithium, nickel, cobalt and manganese
• Anode active materials - natural and synthetic graphite; silicon (SiOx, nano-Si, Si-C)
• Electrolyte - salts (LiPF₆, LiFSI), solvents and additives
• Separators - wet and dry base films; ceramic-coated
• Conductive additives and binders - carbon black, CNT; PVDF, SBR/CMC
• Current collectors - battery-grade copper and aluminium foil
• Dry-electrode (solvent-free) processing - cell, binder and conductive-additive impact
• Module materials - busbars, interconnects and insulation
• Pack-housing and structural materials - aluminium, steel, composites; CTP/CTB/CTC
• Comparative analysis, regional breakdown and supply-chain risk - including IRA/45X and EU CRMA policy
• Scenarios and sensitivities - chemistry mix, silicon loading, dry-process, sodium-ion, localisation
• Company profiles - 439 companies across the value chain
• Appendices - methodology, full assumptions, demand-model tables, Excel sheet index, company directory and related FMI research

Companies profiled include 24M Technologies, Inc., 2D Fab AB, 3DOM Inc., 6K Energy, AC Biode, Accurec Recycling GmbH, Achelous Pure Metal Company Limited, ACT-ion Battery Technologies, Addionics, Advanced Battery Recycle Co., Ltd. (ABR), Advanced Solid-State Electrolyte Technology Co., Ltd. (ASET), Advano, AE Elemental, AEGIS Critical Energy Defence Corp., AESC, AirMembrane Corporation, Albemarle, Allied Gra[hite, Allye Energy, Alsym Energy, Altairnano / Yinlong, Altech Batteries Ltd., Altilium Clean Technology, Altris AB, AMO Greentech, Ampcera, Inc., Amprius, Inc., Amtex, Anaphite Limited, Anhui Anwa New Energy, Anthro Energy, APB Corporation, Appear Inc., Arcadium Lithium, Argylium, Arkema, Asahi Kasei, Astracite, Ateios Systems, Atlas Materials, Attero Recycling, Australian Advanced Materials, Avanti Battery Company, AZUL Energy Co., Ltd, BAK Power Battery, Base Power, BASF, Basquevolt, Batrec Industrie AG, Battery Pollution Technologies, Battri, BatX Energies, Bedimensional S.p.A, BeePlanet Factory, Beijing Easpring, Beijing WeLion New Energy Technology, Bemp Research Company, BenAn Energy Technology, The BESSt Company, BGT Materials Ltd., Bihar Batteries, Birla Carbon, Biwatt Power, Black Diamond Structures, LLC, Blackstone Resources, Blue Current, Inc., Blue Solutions, Bodi, Inc., Breathe Battery Technologies, BrightVolt, Inc., Broadbit Batteries Oy, Brunp (CATL), BTR New Energy Materials, Inc., BTRY AG, BYD Energy Storage, Cabot Corporation, CALB, California Lithium Battery, CAMX Power, CAPCHEM, Carbon One, CarbonScape Ltd., CarbonX, CATL, CBAK Energy Technology, Inc., CCL Design, CEC Science & Technology Co., Ltd, CellCircle, CellCube, CellsX, CENS Materials Ltd., Central Glass Co., Ltd., Ceylon Graphene Technologies (Pvt) Ltd, Cham Battery Technology, Chasm Advanced Materials, Inc., Chemix, China Sodium-ion Times, Chongqing Tailan New Energy Co., Ltd., Cirba Solutions, Circunomics, CMBlu Energy AG, Cnano Technology (LB Group), CNGR, Connexx Systems Corp, Conovate, Coreshell, Customcells, cylib, Cymbet, Daejoo Electronic Materials, Daqus Energy, Denka, DFD, Do-Fluoride, Domolynx, Donut Lab Oy, Dotz Nano, DOWA Eco-System, Dreamweaver International, Duesenfeld GmbH, E-Magy, Easpring Finland New Materials, EBS Square, Ecellix, Echion Technologies and more...

1 EXECUTIVE SUMMARY

• 1.1 Report scope
• 1.2 Headline market size and growth
• 1.3 Key findings by value-chain segment
• 1.4 Material growth ranking
• 1.5 Company landscape at a glance

2 INTRODUCTION, SCOPE & METHODOLOGY

• 2.1 Study objectives and scope
• 2.2 Definitions and the boundary of the battery pack
• 2.3 Bottom-up demand methodology
• 2.4 Material-intensity framework (kg/kWh)
• 2.5 Pricing, data sources and assumptions
• 2.6 Limitations and confidence flags

3 GLOBAL LI-ION DEMAND & THE MATERIAL-INTENSITY MODEL

• 3.1 Global Li-ion demand by application
• 3.2 Cathode chemistry-mix evolution
• 3.3 Regional production of cells
• 3.4 From GWh to material demand
• 3.5 From demand to market value
• 3.6 End-market split (EV, ESS, consumer, other)

4 CATHODE ACTIVE MATERIALS

• 4.1 Overview and role in the cell
• 4.2 Chemistry landscape (LFP, NMC, NCA, LMFP)
• 4.3 Demand outlook by chemistry
• 4.4 Critical raw material - lithium
• 4.5 Critical raw material - nickel
• 4.6 Critical raw materials - cobalt & manganese
• 4.7 Supply landscape and geographic concentration
• 4.8 Pricing and cost structure
• 4.9 Technology & substitution (LMFP, sodium-ion)
• 4.10 Outlook

5 ANODE ACTIVE MATERIALS

• 5.1 Overview and role
• 5.2 Graphite - natural vs synthetic
• 5.3 Silicon anode materials (SiOx, nano-Si, Si-C)
• 5.4 Silicon loading roadmap and the 2028–2030 inflection
• 5.5 Demand outlook
• 5.6 Supply landscape
• 5.7 Pricing and cost structure
• 5.8 Technology & substitution
• 5.9 Outlook

6 ELECTROLYTE

• 6.1 Overview and function
• 6.2 Salts (LiPF₆, LiFSI)
• 6.3 Solvents (EC, DMC, EMC, DEC, PC)
• 6.4 Additives (VC, FEC)
• 6.5 Demand outlook
• 6.6 Supply landscape and pricing
• 6.7 Outlook

7 SEPARATORS

• 7.1 Overview and function
• 7.2 Wet vs dry-process base films
• 7.3 Ceramic-coated separators
• 7.4 Demand outlook
• 7.5 Supply landscape
• 7.6 Pricing and cost structure
• 7.7 Outlook

8 CONDUCTIVE ADDITIVES AND BINDERS

• 8.1 Overview and function
• 8.2 Conductive additives - carbon black
• 8.3 Conductive additives - CNT / SWCNT
• 8.4 Binders - PVDF
• 8.5 Binders - SBR / CMC
• 8.6 Demand outlook
• 8.7 Supply and pricing

9 CURRENT COLLECTORS

• 9.1 Overview and function
• 9.2 Battery-grade copper foil
• 9.3 Battery-grade aluminium foil
• 9.4 Foil-thickness trends and material efficiency
• 9.5 Demand outlook
• 9.6 Supply landscape and pricing
• 9.7 Outlook

10 DRY-ELECTRODE (SOLVENT-FREE PROCESSING)

• 10.1 Dry-electrode processing
• 10.2 Cell market and dry-process adoption
• 10.3 Impact on the binder market
• 10.4 Impact on the conductive-additives market
• 10.5 Cost, capex and qualification barriers
• 10.6 Outlook

11 MODULE MATERIALS

• 11.1 Overview - module vs cell-to-pack
• 11.2 Busbars and interconnects (Cu, Al)
• 11.3 Module insulation & dielectric films
• 11.4 Demand outlook (major-material level)
• 11.5 Supply and pricing

12 PACK-HOUSING & STRUCTURAL MATERIALS

• 12.1 Overview - the enclosure's structural role
• 12.2 Aluminium (extruded & die-cast)
• 12.3 High-strength steel
• 12.4 Structural composites (SMC/GFRP, CFRP)
• 12.5 Structural pack integration (CTP/CTB/CTC)
• 12.6 Demand outlook (major-material level)
• 12.7 Outlook

13 COMPARATIVE ANALYSIS, REGIONAL BREAKDOWN & SUPPLY-CHAIN RISK

• 13.1 Cross-material forecast comparison
• 13.2 Value-vs-volume divergence
• 13.3 Regional demand & value breakdown
• 13.4 Supply-chain concentration
• 13.5 Critical-material supply risk
• 13.6 Policy landscape (US IRA / 45X, EU CRMA)
• 13.7 Localisation outlook

14 SCENARIOS & SENSITIVITIES

• 14.1 Scenario framework
• 14.2 Chemistry-mix sensitivity
• 14.3 Silicon-loading sensitivity
• 14.4 Dry-process adoption sensitivity
• 14.5 Sodium-ion substitution sensitivity
• 14.6 Localisation sensitivity
• 14.7 Combined scenario outcomes

15 COMPANY PROFILES

• 15.1 Cathode active materials 96 (33 company profiles)
• 15.2 Anode - graphite & carbon 129 (24 company profiles)
• 15.3 Anode - silicon 153 (29 company profiles)
• 15.4 Electrolyte, salts & additives 183 (20 company profiles)
• 15.5 Separators 204 (11 company profiles)
• 15.6 Conductive additives (CNT, graphene, carbon black) 215 (28 company profiles)
• 15.7 Binders 249 (9 company profiles)
• 15.8 Current collectors (foils) 258 (11 company profiles)
• 15.9 Upstream raw & critical materials 269 (13 company profiles)
• 15.10 Li-ion cell & pack manufacturers 282 (43 company profiles)
• 15.11 Solid-state, Li-metal & Li-S 325 (40 company profiles)
• 15.12 Sodium-ion materials & cells 350 (18 company profiles)
• 15.13 Recycling & material recovery 364 (51 company profiles)
• 15.14 Additional advanced-battery & materials developers 405 (60 company profiles)

16 APPENDICES

• 16.1 Methodology detail & full assumption set
• 16.2 Demand-model tables (full annual series to 2037)
• 16.3 Glossary

17 REFERENCES

List of Tables

• Table 1. Headline forecast summary - value, volume and CAGR by segment
• Table 2. Leading suppliers by value-chain segment
• Table 3. In-scope value-chain segments and materials
• Table 4. Material-intensity assumptions by chemistry (kg/kWh)
• Table 5. Principal data sources and vintage
• Table 6. Li-ion demand by application (GWh)
• Table 7. Cathode chemistry mix (% of GWh)
• Table 8. Cathode chemistry mix (% of GWh), 2026–2037
• Table 9. Aggregate material demand (kt) by segment
• Table 10. Aggregate material market value (US$bn) by segment
• Table 11. Technical comparison of cathode chemistries
• Table 12. Cathode demand and value by chemistry, 2026–2037
• Table 13. Nickel content and demand by chemistry
• Table 14. Cathode price assumptions by chemistry (US$/kg CAM)
• Table 15. Natural vs synthetic graphite comparison
• Table 16. Anode material technical comparison
• Table 17. Anode demand and value by type
• Table 18. Anode price assumptions (US$/kg)
• Table 19. Electrolyte salt comparison
• Table 20. Solvent mix and function
• Table 21. Electrolyte demand and value, 2026–2037
• Table 22. Wet vs dry separator comparison
• Table 23. Separator demand (m², kt) and value
• Table 24. Separator price assumptions (US$/m²)
• Table 25. Conductive-additive comparison
• Table 26. Binder-system comparison
• Table 27. Additive & binder demand and value
• Table 28. Cu vs Al foil specifications
• Table 29. Current-collector demand and value
• Table 30. Cell market and dry-process share, 2026–2037
• Table 31. Binder market by type (incl. PTFE) with growth
• Table 32. Conductive-additives market with growth
• Table 33. Busbar material demand (kt)
• Table 34. Insulation material types
• Table 35. Module material demand and value
• Table 36. Aluminium enclosure demand (kt)
• Table 37. Structural-material comparison
• Table 38. Pack-structural material demand and value
• Table 39. All segments - value, volume and CAGR, 2026–2037
• Table 40. Material value by region, 2026–2037
• Table 41. Supply-chain risk matrix by material
• Table 42. Key policies affecting material localisation
• Table 43. Scenario definitions (base, high, low)
• Table 44. Market value by scenario, 2037
• Table 45. Full material-intensity assumption set
• Table 46. Full price assumption set
• Table 47. Technology-adoption and mix levers
• Table 48. Global cell output by application (GWh), 2026–2037
• Table 49. Cathode chemistry mix (% of GWh), 2026–2037
• Table 50. Full demand model, 2026–2037
• Table 51. Full value model - market value by segment (US$bn), 2026–2037
• Table 52. Material market value by region (US$bn), 2026–2037
• Table 53. Glossary of technical terms

List of Figures

• Figure 1. Total in-scope material market - value and volume, 2026–2037
• Figure 2. Material market value by segment, 2026 vs 2037
• Figure 3. Segment CAGR vs 2037 market size (bubble)
• Figure 4. Anatomy of a Li-ion cell, module and pack
• Figure 5. Model architecture: GWh → material intensity → tonnage → value
• Figure 6. Li-ion cell output (GWh) by application, 2026–2037
• Figure 7. Cell output by region
• Figure 8. Material demand by end-market
• Figure 9. Cell energy density by cathode chemistry
• Figure 10. Cathode active-material demand (kt) by chemistry, 2026–2037
• Figure 11. Lithium demand (LCE) and price outlook, 2026–2037
• Figure 12. Cathode precursor / CAM capacity by region
• Figure 13. Cathode market value forecast, 2026–2037
• Figure 14. Graphite demand (kt) - natural vs synthetic
• Figure 15. Reversible specific capacity of anode materials
• Figure 16. Average silicon-loading scenarios, 2026–2037
• Figure 17. Graphite / anode capacity by region
• Figure 18. LiPF₆ vs LiFSI demand, 2026–2037
• Figure 19. Electrolyte market value forecast
• Figure 20. Electrolyte capacity by region
• Figure 21. Separator area demand (m²) and coated share
• Figure 22. Separator capacity by region
• Figure 23. Conductive-additive market by type
• Figure 24. Binder market by type, 2026–2037
• Figure 25. Additive / binder value forecast
• Figure 26. Copper-foil demand (kt), 2026–2037
• Figure 27. Foil-thickness roadmap
• Figure 28. Foil capacity by region
• Figure 29. Wet vs dry electrode process flow
• Figure 30. Dry-process share of cell output
• Figure 31. Binder-mix shift (PVDF → PTFE)
• Figure 32. Additive loading - wet vs dry
• Figure 33. Module-content trend under CTP / CTB
• Figure 34. Module material value, 2026–2037
• Figure 35. Pack enclosure architecture (tray, cover, cross-members)
• Figure 36. Material split of the enclosure by architecture
• Figure 37. Pack-structural market value, 2026–2037
• Figure 38. Material market value stack, 2026–2037
• Figure 39. Value vs volume growth by segment
• Figure 40. Regional share of material value
• Figure 41. Geographic concentration (HHI) by segment
• Figure 42. Cathode demand under chemistry scenarios
• Figure 43. Anode value under silicon scenarios
• Figure 44. Binder / additive mix under dry-process scenarios
• Figure 45. LFP volume under sodium-ion scenarios
• Figure 46. Nuvvon 1 Ah solid-state lithium-ion pouch cells