What is Battery Metals Market Scope?
The battery metals are expected to grow during the forecasted period due to the growing electronics and metal mining industry. Metals like steel, zinc, manganese, potassium are used in making of battery in a certain percentage. These metals are used in lithium, nickel, cobalt, and other batteries. The battery metals are used for various applications in different industries like electronics, mining, automotive, and manufacturing industry.
Influencing Trend:
Increasing Consumption of Battery Metals in the Lighting and Ignition Applications and Rising Canadian Mineral Production
Market Growth Drivers:
Demand for the Battery in the Electronics Industry and Increasing Production of Electric Vehicles
Challenges:
Stringent Regulatory Norms and Guidelines Associated with the Production of Battery Metals
Restraints:
Risk of Adverse Impact of Battery Metals on the Environment
Opportunities:
Surging Metal Mining Activities in the Developing Nation will Boost the Battery Metals Market
The Battery Metals market study is being classified, by Application and major geographies with country level break-up.
Albemarle Corporation (United States), Glencore plc (Switzerland), Sherritt International (Canada), Neo Lithium Corp (Canada), Sumitomo Metal Mining Co., Ltd. (Japan), Silver Cobalt Works Inc (Canada), Samsung SDI Co (South Korea), Umicore N.V. (Belgium), LG Chem Ltd. (South Korea), American Battery Metals Corporation (United States), Vale S.A. (Brazil), SK Innovation (South Korea) and Jiangxi Ganfeng Lithium Co., Ltd. (China) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Battery Metals market by Type, Application and Region.
On the basis of geography, the market of Battery Metals has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
On 6th March 2020, American Battery Metals Corp. announced that they have entered into a definitive agreement to acquire Fenix Gold Inc., a private company. Under the terms of the Definitive Agreement, American Battery will issue 29,000,000 common shares to the shareholders of Fenix as consideration for all of the issued and outstanding shares of Fenix (the "Consideration Shares").
On 7th January 2020, American Battery Metals Corporation a premier High Technology Lithium-ion Battery Recycling, Extraction, and Resource production company based in Nevada, announced plans for the immediate launch of its battery recycling plant in Nevada, USA.
Key Target Audience
Battery Metals Manufacturers, Battery Metals International Traders, Battery Metals Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Battery Metals Market Study: Important Years
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Battery Metals Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Battery Metals industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.