Cobalt Free Cathode Market Size & Share, by Type (Cathode Binders, Aluminum Foils, Cathode Active Materials); End-user (Automotive, Consumer Electronics) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4066
  • Published Date: Mar 21, 2023
  • Report Format: PDF, PPT

Companies Dominating the Cobalt Free Cathode Landscape

    • Targray Technology International Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Texpower EV Technologies, Inc.
    • Metso Outotec Corporation
    • Nichia Corporation
    • SVOLT Energy Technology Co., Ltd.
    • Lithium Australia NL
    • German Raw Materials Agency (DERA)
    • Morrow Batteries GmbH
    • Umicore
    • TÜV Nord Group

Browse Key Market Insights with Data Illustration:


In The News

  • SVOLT Energy Technology Co., Ltd announced the onset of mass production of the cobalt-free cathode material for its NMX battery cells in Jintan, China.

  • Texpower EV Technologies, Inc.’s Cobalt-Free Battery received a special mention in the WIRE journal, as an environmental and human rights-friendly alternative to traditional lithium-ion batteries.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 4066
  • Published Date: Mar 21, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for cobalt free batteries and growing sales of electric vehicles are the major factors driving the market growth.

The market is anticipated to attain a CAGR of 18% over the forecast period, i.e., 2023-2035.

Lower driving range of cobalt free batteries and lack of public awareness regarding the product are estimated to be the growth hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Texpower EV Technologies, Inc., Metso Outotec Corporation, Nichia Corporation, SVOLT Energy Technology Co., Ltd., Lithium Australia NL, and TÃœV Nord Group.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, end-user, and by region.

The automotive segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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