Lithium-ion batteries

Worldwide Battery Industry to 2026 - Featuring Clarios, Sony and Toshiba Among Others - ResearchAndMarkets.com

Retrieved on: 
Monday, September 6, 2021

Batteries are used to supply primary power or act as the back-up power supply in transport, industrial, or commercial applications.

Key Points: 
  • Batteries are used to supply primary power or act as the back-up power supply in transport, industrial, or commercial applications.
  • The rising number of electrical circuits and devices in the transportation industry is one of the major factors driving this growth.
  • The overall battery market is expected to grow at a CAGR of over 8% during the forecasted period of 2021-26.
  • Falling battery prices and improving technology are expected to bring price-competitive electric vehicles to the market, creating a demand for battery technologies.

Worldwide Battery Industry to 2026 - by Battery Type, Battery Technology, Application and Region - ResearchAndMarkets.com

Retrieved on: 
Monday, September 6, 2021

The lithium-ion battery segment is expected to cross a market of USD 60 Billion by the end of the forecasted period, recording the highest CAGR.

Key Points: 
  • The lithium-ion battery segment is expected to cross a market of USD 60 Billion by the end of the forecasted period, recording the highest CAGR.
  • Falling battery prices and improving technology are expected to bring price-competitive electric vehicles to the market, creating a demand for battery technologies.
  • What are the inhibiting factors and impact of COVID-19 shaping the Global Battery Market during the forecast period?
  • What are the technology trends and regulatory frameworks in the Global Battery Market?

Ascend wins lithium-ion battery additive patent case against Samsung SDI

Retrieved on: 
Wednesday, August 4, 2021

HOUSTON, Aug. 4, 2021 /PRNewswire/ --Ascend Performance Materials has successfully challenged a lithium-ion battery technology patent held by Samsung SDI.

Key Points: 
  • HOUSTON, Aug. 4, 2021 /PRNewswire/ --Ascend Performance Materials has successfully challenged a lithium-ion battery technology patent held by Samsung SDI.
  • The board's decision broadly enables manufacturers to use Trinohex Ultra in the United States for their lithium-ion battery electrolyte formulations.
  • To date, Ascend's global efforts to invalidate Samsung SDI's patent family have been successful, with favorable decisions in China and the U.S., with actions pending in other jurisdictions.
  • Ascend's Trinohex Ultra is a globally available, non-hazardous electrolyte additive that improves battery life and overall performance, especially in extreme conditions.

Ascend wins lithium-ion battery additive patent case against Samsung SDI

Retrieved on: 
Wednesday, August 4, 2021

HOUSTON, Aug. 4, 2021 /PRNewswire/ --Ascend Performance Materials has successfully challenged a lithium-ion battery technology patent held by Samsung SDI.

Key Points: 
  • HOUSTON, Aug. 4, 2021 /PRNewswire/ --Ascend Performance Materials has successfully challenged a lithium-ion battery technology patent held by Samsung SDI.
  • The board's decision broadly enables manufacturers to use Trinohex Ultra in the United States for their lithium-ion battery electrolyte formulations.
  • To date, Ascend's global efforts to invalidate Samsung SDI's patent family have been successful, with favorable decisions in China and the U.S., with actions pending in other jurisdictions.
  • Ascend's Trinohex Ultra is a globally available, non-hazardous electrolyte additive that improves battery life and overall performance, especially in extreme conditions.

ESS Inc. Signs Contract for Long-duration Flow Battery System at Pennsylvania Industrial Recycling Facility

Retrieved on: 
Tuesday, August 3, 2021

The ESS Energy Warehouse delivers the right combination of performance, value and long operating life, at a superior levelized cost of storage metric.

Key Points: 
  • The ESS Energy Warehouse delivers the right combination of performance, value and long operating life, at a superior levelized cost of storage metric.
  • We needed a solution that would ensure long-duration backup power when needed, with a favorable ROI and no safety issues.
  • We ruled out lithium-ion batteries and other flow battery chemistries due to toxicity and cost.
  • ESSs iron-based flow battery offers the right combination of safety and sustainability with long asset life to match the expected life of our solar power system.

The Worldwide Lithium-Ion Battery Anode Industry is Expected to Reach $21 Billion by 2026 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 3, 2021

The global lithium-ion battery anode market size is projected to grow from USD 8.4 billion in 2021 to USD 21.0 billion by 2026, at a CAGR of 19.9% from 2021 to 2026.

Key Points: 
  • The global lithium-ion battery anode market size is projected to grow from USD 8.4 billion in 2021 to USD 21.0 billion by 2026, at a CAGR of 19.9% from 2021 to 2026.
  • Moreover, strategies such as agreements and plant expansions undertaken by several prominent players in the lithium-ion battery anode industry are further fueling the lithium-ion battery anode industry growth across the globe.
  • Asia Pacific is projected to account for the largest share lithium-ion battery anode market during the forecast period.
  • The Asia Pacific region is expected to lead the lithium-ion battery anode industry from 2021 to 2026 in terms of both value and volume.

Global Li-ion Battery Materials Market (2020 to 2027) - Development of Higher Performance Functional Battery Materials Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 3, 2021

The "Global Li-ion Battery Materials Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Li-ion Battery Materials Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
  • The study (an update of the publisher's study on Li-ion battery materials, published in 2020) quantifies the consumption of key material types, namely cathode materials, anode materials, electrolytes, separators, binders, and adhesives & sealants.
  • After having registered a lackluster growth in 2019, the global EV sales registered a sharp surge (+35% y-o-y) in 2020.
  • The publisher's analysis indicates that the global battery materials market is slated to register a robust double-digit growth of about 15.6% in terms of revenue between 2020 and 2027.

Global Lithium-Ion Battery Anode Market (2021 to 2026) - Increasing Adoption of Lithium-Ion Batteries in New Applications Presents Opportunities

Retrieved on: 
Tuesday, August 3, 2021

The growing demand for electric vehicles along with the high demand for lithium-ion batteries for industrial applications is driving the market growth.

Key Points: 
  • The growing demand for electric vehicles along with the high demand for lithium-ion batteries for industrial applications is driving the market growth.
  • Moreover, strategies such as agreements and plant expansions undertaken by several prominent players in the lithium-ion battery anode industry are further fueling the lithium-ion battery anode industry growth across the globe.
  • Asia Pacific is projected to account for the largest share lithium-ion battery anode market during the forecast period.
  • The increasing purchasing power of the population has stimulated the demand for consumer electronics and automobiles, creating a need for lithium-ion batteries which in return creates the demand for lithium-ion battery anode.

Lithium Mining Market Expected To Reach $1.8 Billion By 2022, Significantly Growing at a CAGR Of 7.0%

Retrieved on: 
Tuesday, August 3, 2021

According to the Business Research Company, the lithium mining market expected to reach a value of nearly $1.81 billion by 2022, significantly growing at a CAGR of 7.0% during the forecast period.

Key Points: 
  • According to the Business Research Company, the lithium mining market expected to reach a value of nearly $1.81 billion by 2022, significantly growing at a CAGR of 7.0% during the forecast period.
  • The growth in the lithium mining market is due to increased use of autonomous hauling systems trucks in the mining industry, which is significantly enhancing production efficiency and reducing turnaround time.
  • Increasing demand for lithium-ion (Li-ion) batteries in various applications, especially the automotive industry, is expected to augment market growth through 2027, according to Grand View Research.
  • Increasing production of batteries in the U.S. and worldwide is expected to augment market growth in coming years."

Lithium Mining Market Expected To Reach $1.8 Billion By 2022, Significantly Growing at a CAGR Of 7.0%

Retrieved on: 
Tuesday, August 3, 2021

PALM BEACH, Fla., Aug. 3, 2021 /PRNewswire/ -- The lithium mining market consists of sales of lithium and its compounds by entities (organizations, sole traders and partnerships) that mine lithium and its compounds, which are used in industrial applications, including heat-resistant glass and ceramics, lithium grease lubricants, flux additives for iron, steel and aluminum production, lithium batteries, and lithium-ion batteries. According to the Business Research Company, the lithium mining market expected to reach a value of nearly $1.81 billion by 2022, significantly growing at a CAGR of 7.0% during the forecast period. The growth in the lithium mining market is due to increased use of autonomous hauling systems trucks in the mining industry, which is significantly enhancing production efficiency and reducing turnaround time. Increasing demand for lithium-ion (Li-ion) batteries in various applications, especially the automotive industry, is expected to augment market growth through 2027, according to Grand View Research. Their report said that the global lithium market size was valued at USD 4.23 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 1.9% from 2020 to 2027. Active stocks in the mining markets this week include Argentina Lithium & Energy Corp. (OTCQB: PNXLF) (TSX-V: LIT), Millennial Lithium Corp. (OTCQX: MLNLF) (TSX-V: ML), Albemarle Corporation (NYSE: ALB), Livent Corporation (NYSE: LTHM), Standard Lithium Ltd. (NYSE: SLI) (TSX-V: SLI).

Key Points: 
  • According to the Business Research Company, the lithium mining market expected to reach a value of nearly $1.81 billion by 2022, significantly growing at a CAGR of 7.0% during the forecast period.
  • The growth in the lithium mining market is due to increased use of autonomous hauling systems trucks in the mining industry, which is significantly enhancing production efficiency and reducing turnaround time.
  • Increasing demand for lithium-ion (Li-ion) batteries in various applications, especially the automotive industry, is expected to augment market growth through 2027, according to Grand View Research.
  • Increasing production of batteries in the U.S. and worldwide is expected to augment market growth in coming years."