Dublin, Aug. 5, 2014 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/tcdm6l/cathode_material) has announced the addition of the "Cathode Material for Li-ion Secondary battery Technology Trend and Market Forecast 2012 - 2018 " report to their offering.
With growing concerns over the depletion of fossil fuel resources and environmental pollution, R&D on electric vehicles is gaining momentum. The global EV sales hit 1.67 million units in 2012 and are expected to grow at a 35% CAGR, reaching 102.5 million units by 2018.
In addition, growing interest in renewable energy drives R&D on energy storage systems to store electric energy generated from renewable energy sources effectively. As of 2012, the ESS market reached 4.6GWh and the end-user segment accounted for more than 90% of the market. As continuous growth is expected across all market segments, the market is projected to reach 8.9GWh by 2015 and 17.9GWh by 2018. The demand for LIBs for ESS applications is expected to grow to 4.6GWh by 2018, an about 17-fold increase from 270MWh of 2012.
Of the key components (cathode, anode, electrolyte, separator) of Li-ion secondary batteries, cathode materials account for about 30-40% of the Li-ion battery cost. Thus, for commercialization of large-sized li-ion batteries where costs matter, low-cost and high performance cathode materials are indispensable.
Key Topics Covered:
Chapter 1 Cathode materials technology trends and market forecasts
Chapter 2 Cathode Material Manufacturing Process
Chapter 3 Cathode Material Trend by Company
Chapter 4 Global LIB Market Forecast (2012-2018)
Chapter 5 Cathode Material- Market Trend and Forecast
- Hitachi Maxell
- LG Chemical
- Samsung SDI
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Source:Research and Markets