Cathode Active Materials for EV Batteries: Commodity Extraction and Use for Six Critical Minerals Used in EV Battery Production, with Global Commercial Market Forecasts, 2024-2033

Description

List of Tables

The EV market is on an upward trajectory and in some regions, approaching a majority share of the light duty vehicle (LDV) market-most notably in China. The medium and heavy duty vehicle (MHDV) market is also expanding its decarbonization efforts, and battery EVs (BEVs) will likely represent a significant share of zero emissions vehicles in many market segments. Although the COVID-19 pandemic showed the fragility of global supply chains, between 2024 and 2033 the vehicle market should see a continuing increase of electric options as EV infrastructure is built out and decarbonization incentives take hold in multiple markets. Investigating key inputs is invaluable, especially in the global battery market, which relies heavily on China and Asia Pacific for its supply.

The transition from internal combustion engine vehicles to EVs likely seems to have occurred quickly for many observers. Although EV markets have been maturing and diversifying for more than a decade, the increased scale of their production has occurred quickly. As a result, market interest has focused on the input materials needed for EVs-especially the cathode active materials used in the cathode part of the battery that sends electrons to the anode to discharge power. These materials, which include lithium, nickel, and cobalt, have faced increased scrutiny as their markets have heated up with the expansion of the EV battery market.

This Guidehouse Insights report analyzes the global markets for EVs, EV batteries, and the component materials for their cathodes. It provides an analysis of market issues, drivers, barriers, evolutions coming to the EV market, and an industry value chain. Market forecasts for demand, segmented by global region and mineral type, are provided for the period 2024-2033.

Product Code: MF-BCMP-24

1. Executive Summary

1.1 Market Overview
1.2 Market Forecasts

2. Market Issues

2.1 Drivers
- 2.1.1 EV Demand
- 2.1.2 New Mineral Sources
- 2.1.3 Free Trade Agreements
2.2 Barriers
- 2.2.1 Local Manufacturing Rules
- 2.2.2 Emerging Battery Chemistries
- 2.2.3 Trade Wars
2.3 Pricing
2.4 Other Business Issues
- 2.4.1 Battery Recycling
- 2.4.2 Alternative Battery Chemistries

3. Industry Value Chain

3.1 Competitive Landscape
- 3.1.1 Merger & Acquisition Activities
- 3.1.2 Business Model Evolution

4. Market Forecasts

4.1 Introduction
4.2 Methodology
4.3 Market Forecasts
- 4.3.1 LDV Sales
- 4.3.2 MHDV Market
- 4.3.3 Battery Market Share
- 4.3.4 Critical Battery Materials Demand

5. Conclusions and Recommendations

5.1 Three Big Takeaways
5.2 Recommendations
- 5.2.1 Battery Manufacturers
- 5.2.2 Government Policymakers
- 5.2.3 Battery Recyclers
- 5.2.4 Mineral Miners

6. Acronym and Abbreviation List

7. Table of Contents

8. Table of Charts and Figures

9. Scope of Study

10. Sources, Methodology and Notes

Product Code: MF-BCMP-24

List of Tables

LDV Sales Revenue by Region, World Markets: 2024-2033
LD BEV Sales by Region, World Markets: 2024-2033
LD PHEV Sales by Region, World Markets: 2024-2033
MHDV Sales by Region, World Markets: 2024-2033
MHDV BEV Sales by Region, World Markets: 2024-2033
LD BEV Market Share by Battery Technology, World Markets: 2024-2033
MHD BEV Market Share by Battery Technology, World Markets: 2024-2033
LDV BEV Battery Size Forecast by Region, World Markets: 2024-2033
LD PHEV Battery Sizes by Technology, World Markets: 2024-2033
MHD BEV Battery Size Forecast by Region, World Markets: 2024-2033
Global Demand for Lithium by Region, World Markets: 2024-2033
Global Demand for Nickel by Region, World Markets: 2024-2033
Global Demand for Manganese by Region, World Markets: 2024-2033
Global Demand for Cobalt by Region, World Markets: 2024-2033
Global Demand for Iron by Region, World Markets: 2024-2033
Global Demand for Phosphate by Region, World Markets: 2024-2033
Estimated Demand for Critical EV Battery Materials, World Markets: 2024-2033

List of Figures

Estimated Demand for Critical EV Battery Materials, World Markets: 2024-2033
LDV Sales Revenue by Region, World Markets: 2024-2033
LD BEV Sales by Region, World Markets: 2024-2033
LD PHEV Sales by Region, World Markets: 2024-2033
MHDV Sales by Region, World Markets: 2024-2033
MHDV BEV Sales by Region, World Markets: 2024-2033
LD BEV Market Share by Battery Technology, World Markets: 2024-2033
MHD BEV Market Share by Battery Technology, World Markets: 2024-2033
Global Demand for Lithium by Region, World Markets: 2024-2033
Global Demand for Nickel by Region, World Markets: 2024-2033
Global Demand for Manganese by Region, World Markets: 2024-2033
Global Demand for Cobalt by Region, World Markets: 2024-2033
Global Demand for Iron by Region, World Markets: 2024-2033
Global Demand for Phosphate by Region, World Markets: 2024-2033

Pictorial Representation of the CAM Industry Value Chain