An exciting new study from the team of Lucintel found that battery additive market is expected to reach $2.3 billion by 2027 with a CAGR of 9.3%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The battery additive market is segmented based on type, application, material, and region. In this market, lead acid is expected to remain the largest application, and conductive additives segment is expected to remain the largest type. Players can benefit from the available opportunities like the increasing demand for portable devices and electric vehicles. Government regulations towards fuel emission and tax benefits and subsidies to promote electric vehicles will drive the demand for the lithium ion battery market.
next generation dioxolone additives for high energy lithium-ion batteries and performance carbon additives for high performance batteries are emerging trends having impact on dynamics of the industry.
Cabot Corporation, 3M, IMERYS, Orion Engineered Carbons, Hammond Group, SGL Carbon, Borregaard, HOPAX, PENOX, ALTANA are some of the major players profiled in this 205 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the battery additive market by type (conductive additive, porous additive, and nucleating additive), application (lead acid, li-ion, and others), material (carbon black, graphite, CNT, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the battery additive market?
Q.4 What are some changing demands of customers in the battery additive market?
Q.5 What are the new developments in the battery additive market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this battery additive area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this battery additive market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
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