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Battery Raw Materials Market Size Will Attain USD 91.5 Billion by 2030 growing at 7.7% CAGR – Exclusive Report by Acumen Research and Consulting

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BEIJING, Nov. 16, 2022 (GLOBE NEWSWIRE) — The Global Battery Raw Materials Market Size accounted for USD 47.3 Billion in 2021 and is projected to occupy a market size of USD 91.5 Billion by 2030 growing at a CAGR of 7.7% from 2022 to 2030.

Battery Raw Materials Market Statistics

  • Global battery raw materials market value was USD 47.3 Billion in 2021 and expected to grow at CAGR of 7.7% from 2022 to 2030
  • Asia-Pacific battery raw materials market revenue over 30% market share in 2021
  • North America battery raw materials market growth will record CAGR of over 7.5% from 2022 to 2030
  • According to the Indian Brand Equity Foundation (IBEF) data, the consumer electronics industry was valued at USD 426 billion in 2020
  • Among battery type, lithium-ion diseases accounted over 48% of the shares in 2021
  • Based on li-ion battery material application, consumer electronics gathered over 50% of the total market share
  • Increasing adoption of recycled li-ion battery materials is a global battery raw materials market trend fueling the industry demand

Battery Raw Materials Market Growth Factors

  • Growth in electric vehicles such as HEVs and PHEVs
  • Rise in consumer electronics devices
  • Rising emphasis on management of waste lead acid batteries

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Battery Raw Materials Market Report Coverage:

Market Battery Raw Materials Market
Battery Raw Materials Market Size 2021 USD 47.3 Billion
Battery Raw Materials Market Forecast 2030 USD 91.5 Billion
Battery Raw Materials Market CAGR During 2022 – 2030 7.7%  
Battery Raw Materials Market Analysis Period 2018 – 2030
Battery Raw Materials Market Base Year 2021  
Battery Raw Materials Market Forecast Data 2022 – 2030
Segments Covered By Battery Type, By Li-Ion Battery Material, By Li-Ion Battery Material Application, By Lead Acid Battery Material, By Lead Acid Battery Material Application, By Other Batteries Material, And By Geography
Battery Raw Materials Market Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled ITOCHU Corporation, Targray Technology International Inc., Celgard LLC, Umicore S.A., Entek International LLC, 3M, Valence Technology, Inc., BASF Catalysts LLC, and Nichia Corporation.
Report Coverage Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

Battery Raw Materials Market Dynamics

Battery manufacturers place a greater emphasis on material sourcing, with mining and raw material handling beginning by major players in the battery raw materials market. The battery raw materials industry is distinguished by the presence of a stringent regulatory framework that imposes strict guidelines on processing, mining, assembly, shipping, and waste disposal packaging.

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Because of rising environmental concerns, battery-powered lithium particle batteries are increasingly being used in place of traditional lead corrosive batteries. Furthermore, the utilization of sustainable sources of vitality, for example, solar, is expected to result in increased interest for lithium batteries.

The lead corrosive battery industry is overwhelmingly saturated, and the level of development of the technology used in the item is generally constrained as a result. Reduced application levels and concerns about the use of cancer-causing materials in lead batteries are also expected to limit industry growth.

To drive demand, factors such as developing consciousness about viable sourcing of battery materials, repurposing, and effective waste transfer are required. Manufacturers are receiving various directions and affirmations, for instance, U.S. Spot, PHMSA, and EU-Batteries Directive, to ensure product quality and lure customers.

The company is defined by the use of various innovative procedures, such as the dissolvable extraction technique, the Nano-filtration framework, and the turning oven electric heater policy. These advancements are used to improve the performance and efficiency of battery materials as needed.

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https://www.acumenresearchandconsulting.com/table-of-content/battery-raw-materials-market

Battery Raw Materials Market Segmentation

The global battery raw materials market is segmented into li-ion battery material, li-ion battery material application, lead acid battery material, lead acid battery material application, other batteries material and region.

On the basis of li-ion battery material, the global battery raw materials market is segmented electric anode (amorphous carbon, natural graphite, artificial graphite, LTO, and Si Compounds), cathode (NMC, LCO, LMO, LFP, and NCA), and separator, others (binder, electrolyte, and packaging material).

On the basis of li-ion battery material application, the global battery raw materials market is segmented into automotive, consumer electronics, grid storage, and others.

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On the basis of lead acid battery material, the global battery raw materials market is segmented into battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV).

On the basis of lead acid battery material, the global battery raw materials market is segmented into electrolyte, electrodes, separator, and packaging.

On the basis of lead acid battery material application, the global battery raw materials market is segmented into UPS, light automotive, telecom, and others.

On the basis of other batteries material, the global battery raw materials market is segmented into separator, electrolyte, electrodes, and packaging.

On the basis of region the global battery raw materials market is segmented into North America, Europe, Latin America, Asia-Pacific, and Middle East & Africa.

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Battery Raw Materials Market Share

According to a battery raw materials industry analysis, lithium-ion will contribute for more than 48% of the global total by 2021. The cathode sub-segment is expected to hold a significant market share from 2022 to 2030, according to our battery raw materials market forecast. During the forecast period, the consumer electronics sub-segment produced significant market revenue based on li-ion battery material application.

Battery Raw Materials Market Regional Growth

The asset-rich North America showcase is particularly ideal for makers to establish a base. Mineral and metal savings in the United States total USD 6.1 trillion, which is used in consumer hardware, automobiles, solar panels, and other applications.

The Europe show is expected to track interest for lithium particle storage batteries for high-end automobiles. The business in the area is characterized by extraordinary competition between genuine market players. A significant portion of battery raw materials are mined in the South American region, while numerous and constructing agents are located in Asia Pacific and North America. Metals handled in China are traded to North America for use in automobiles.

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Battery Raw Materials Market Players

3M, BASF Catalysts LLC, Celgard LLC, Entek International LLC, ITOCHU Corporation, Nichia Corporation, Targray Technology International Inc., Umicore S.A., and Valence Technology, Inc., are the key players in the global battery raw materials market. International trade is looking forward to trying to capitalize in Asia-Pacific developing countries. As a result, many integration partnerships and scheduled associations with trades in this region are taking place. All of these factors are expected to drive the growth of the battery raw materials market.

Questions Answered By This Report

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  • What was the market size of Battery Raw Materials Market in 2021?
  • What will be the CAGR of Battery Raw Materials Market during the forecast period from 2022 to 2030?
  • Who are the major players in Global Battery Raw Materials Market?
  • Which region held the largest share in Battery Raw Materials Market in 2021?
  • What are the key market drivers of Battery Raw Materials Market?
  • Who is the largest end user Battery Raw Materials Market?
  • What will be the Battery Raw Materials Market value in 2030?

Browse More Research Topic on Chemical Industries Related:

Global Nitric Acid Market is expected to reach the market value of around USD 33 Billion by 2027 and is anticipated to grow at a CAGR of around 3% in terms of revenue during the forecast period 2020 to 2027.

Global Core Materials Market size is expected to reach the market value of around USD 3 Billion by 2027 and is anticipated to grow at a CAGR of around 14% in terms of revenue during the forecast period 2020 to 2027.

Global Industrial Gases Market is expected to reach the market value of around USD 105 Billion by 2027 and is anticipated to grow at a CAGR of around 5.9% in terms of revenue during the forecast period 2020 to 2027.

About Acumen Research and Consulting:

Acumen Research and Consulting is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact-based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.

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Artificial Intelligence

Fractal Announces Merger of Eugenie.ai to Bolster AI-Powered Climate Solutions

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MUMBAI, India, June 26, 2024 /PRNewswire/ — Fractal (www.fractal.ai), a global provider of artificial intelligence and advanced analytics solutions to Fortune 500® companies, today announced the merger of Eugenie AI (Eugenie.ai), an AI company dedicated to providing AI-driven products for climate change and industrial sustainability.

Founded in 2021, Eugenie has established itself as one of the pioneering forces in AI-driven climate solutions. Their clientele includes some of the world’s largest industrial corporations across energy, metals & mining, and other hard-to-abate sectors. Eugenie’s achievements include being featured at the prestigious 2024 Google I/O, being an alum of the Google for Startups: Climate Change accelerator and winning multiple global accolades such as the NASSCOM Emerge 50, Tech30 recognition by YourStory, and the Vedanta Spark Corporate Innovation Challenge. Eugenie has been featured as a key provider by Gartner in its 2023 Market Guide for Energy Management and Optimization Systems & Market Guide for Commercial and Industrial Energy Management and Optimization Systems.
Srikanth Velamakanni, Co-founder, Group Chief Executive & Vice Chairman, Fractal, said, “We are excited to welcome Eugenie back into the Fractal family. Eugenie’s cutting-edge AI technologies and their commitment to combating climate change align perfectly with our vision to leverage AI for social good. Together, we aim to accelerate the development and deployment of innovative solutions that address some of the most pressing environmental challenges of our time. Eugenie’s expertise in serving major industrial clients complements our goal of creating significant value for client in Fortune 100 organizations.”
Dr. Soudip Roy Chowdhury, Founder and CEO, Eugenie AI, said, “Joining forces with Fractal marks a significant milestone for Eugenie. Our shared values and complementary expertise will enable us to scale our impact and continue our mission to drive sustainable industrial transformations. We look forward to working together to create a future where technology and nature coexist harmoniously. By integrating our AI-driven solutions with Fractal’s extensive capabilities, we can offer even greater value to our clients, helping them achieve their sustainability goals.”
The merger of Eugenie reinforces Fractal’s commitment to harnessing the power of artificial intelligence to address global challenges and underscores its dedication to sustainability and innovation. By integrating Eugenie’s expertise in climate-focused AI solutions, Fractal aims to expand its portfolio and deliver even greater value to its clients and communities worldwide.
Eugenie’s focus on providing AI solutions to some of the hardest-to-abate sectors aligns perfectly with Fractal’s vision of driving significant value for large enterprises. This strategic merger will enhance Fractal’s ability to offer comprehensive AI solutions that not only optimize business operations but also contribute to a more sustainable and resilient industrial ecosystem.
For more information, please visit www.fractal.ai and www.eugenie.ai.
About Fractal
Fractal is one of the most prominent providers of Artificial Intelligence to Fortune 500® companies. Fractal’s vision is to power every human decision in the enterprise, and bring AI, engineering, and design to help the world’s most admired companies.
Fractal’s businesses include Crux Intelligence (AI driven business intelligence), Eugenie.ai (AI for sustainability), Asper.ai (AI for revenue growth management), Senseforth.ai (conversational AI for customer service) & Flyfish (generative AI for Sales). Fractal incubated Qure.ai, a leading player in healthcare AI for detecting Tuberculosis and Lung cancer.
Fractal currently has 4500+ employees across 17 global locations, including the United States, UK, Ukraine, India, Singapore, Middle East and Australia. Fractal has been recognized as ‘Great Workplace’ and ‘India’s Best Workplaces for Women’ in the top 100 (large) category by The Great Place to Work® Institute; featured as a leader in Data Engineering services 2024 & Data Science Services 2024 by Information Services Group, Leader in AI and Analytics Services Specialists Peak Matrix Assessment 2021 by Everest Group, Leader in Customer Analytics Service Providers Wave™ 2023 by Forrester Research, Inc.
About Eugenie AI:
Eugenie is a forward-thinking AI company, headquartered in NY, USA dedicated to creating solutions that address climate change and promote industrial sustainability. Leveraging advanced AI technologies, Eugenie empowers organizations to achieve their sustainability goals and contribute to a healthier planet.
 

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Artificial Intelligence

ADOLFO DOMÍNGUEZ PRESENTS HIS NEW FASHION AND FRAGRANCE COLLECTION AT A WORLD FASHION SHOW

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The brand intertwines fashion and perfume to create an immersive experience in the olfactory and creative universe
The fashion show, which will take place in Chile, will be broadcast online in 29 countries. It can be followed live on the brand’s website and social media profiles
MADRID, June 26, 2024 /PRNewswire/ — Adolfo Domínguez keeps moving forward in its commitment to bring fashion closer to society. The brand will showcase Ikigai, its autumn-winter 2024 collection, together with a selection of new perfumes in a global fashion show.

The event, which will mix fashion and fragrances, will be streamed live on 27 June at 6 p.m. (Portuguese time) on the brand’s website, accessible from 29 countries around the world, as well as through Mega, the main television channel in Chile, and Movistar+, in Spain. The event will also be broadcast on the company’s profiles on social media.
Adolfo Dominguez will showcase its fashion and perfume collections from the La Moneda cultural centre in Santiago de Chile, where it will create an immersive experience with artistic performances and music developed exclusively for the occasion. Attendees will have the opportunity to experience first-hand the essence and innovation that define Adolfo Dominguez, consolidating its presence and relevance in the Latin American market.
“Clothes matter. It is our second skin. Perfume is the trace we leave as we walk by. With each new collection, we explore our creativity and out contribution to society as a brand- why should we limit it to a privileged few in a room?” states Patricia Alonso, Corporate Director of Marketing and Communication at Adolfo Domínguez.
Ikigai, a Japanese concept that invites each person to go in search of their vital purpose, is the driving force behind Adolfo Domínguez’s autumn-winter 2024 collection: a selection of garments designed to liberate oneself. The result is a collection designed to be lived, with garments that are born to make people understand that beauty and happiness reside in the little things.
The fashion show will be streamed on www.adolfodominguez.com and on the brand’s profiles on social media (Youtube, Instagram and Facebook). In Latin America, the fashion show can also be seen on Mega, one of the main Chilean television channels.
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Darwin CX Broadens Global Reach via Strategic Partnership with dsb

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TORONTO, NECKARSULM, Germany and NORTHAMPTON, UK, June 26, 2024 /PRNewswire/ — Darwin CX and dsb deepen their alliance as Darwin CX becomes a shareholder of dsb. The Canadian company’s investment in dsb expands Darwin CX into the UK and European market and dsb becomes part of the pioneering Darwin CX family. The strategic partnership marks a significant milestone for Darwin CX and dsb, both leading providers of SaaS solutions and services for publishers.

The most remarkable aspect of this union is the parallel trajectories of these formidable companies prior to the partnership. Darwin CX and dsb’s fly ecosystem both launched in 2018 with the common goal of modernizing the publishing industry, which had become heavily reliant on outdated practices and legacy systems. Each company was on an independent mission to create an ecosystem of tools and solutions that would allow publishers to thrive in a fast-paced, data-driven, digital-first marketplace.
Best practices from North America meet European recipes for success
“While Darwin CX developed a platform for the needs of a North American publishing audience, the dsb fly ecosystem offers its European customers a variety of tools to increase acquisition, maximize customer lifetime value and reduce costs and effort,” explains Liam Lynch, CEO of Darwin CX.
Broader range of resources and features
Darwin CX and dsb are process experts in the publishing environment. “We know the industry’s workflows inside out and have the same vision. Now, as subscription professionals, we are joining forces and offering our customers scalable solutions that enable them to tap into new revenue streams in a dynamic market,” emphasizes Olaf Bendt, CEO of the dsb Group. “Our customers benefit from an even broader range of resources and features.”
Next generation sales and marketing solutions
Publishers are battling dwindling attention spans and declining engagement. dsb and Darwin CX offer the publishing industry new, powerful tools for even more accurate content offers, prices and subscription conditions. All of this is based on data-driven, AI-supported personalization, which offers publishers new insights into their customers’ engagement and launches targeted measures to increase loyalty.
Prioritizing business continuity
“To meet the growing needs of our customers, dsb will expand their fly back-end infrastructure while integrating some of Darwin CX’s key marketing and data management tools. Of course, business continuity will be maintained for both our European and North American clients. We will offer our clients the best of both worlds without disrupting their day-to-day business,” emphasizes Alex Münch, COO at dsb Group.
Solutions for digital and printed content
Darwin CX and dsb are united by a focus on maximizing recurring revenue, seamless integration of online and offline solutions, and a fundamental belief in customer centricity. “The DNA of both companies is the publishing industry. That’s why, together with dsb, we are focusing on customized solutions for printed and digital Content”, stresses Michael Smith, Darwin CX Co-Founder and Chief Technology Officer.
About Darwin CX
Darwin CX is a transformative SaaS and services platform at the leading edge of the subscription and membership economies. Founded in Toronto, Canada, Darwin CX assists brands accelerate acquisition and retention—and increase loyalty—through innovative and customized check-out pages, targeted audience offerings, real-time A/B testing and best-in-class analytics, paywall and customer data platform (CDP). The Darwin CX platform enables clients to have complete freedom and control over customer data in order to tailor the best possible customer experiences. Over 140 well-known publishers and more than 300 brands in the USA, Canada and Australia rely on Darwin CX for their data and subscription management needs. Led by CEO, Liam Lynch, CTO, Michael Smith, COO, Cat Kiernan and President, Cary Zel, Darwin CX is backed by a group of growth equity investors with a common theme of disrupting industries and driving digital innovation including First Ascent Ventures, New Era Capital Partners and Felicitas Global Partners.
About dsb
With dsb fly, the dsb group develops and operates Europe’s leading subscription ecosystem for the publishing industry. Key players in the media industry have been relying on dsb’s holistic and customer-centric monetization solutions for over 50 years. Whether lifestyle products, seminars, events, digital or print titles – the dsb fly ecosystem offers media companies a customized 360-degree customer view of print and digital consumption. This all-round view is the basis for highly individualized worlds of experience and high customer loyalty. dsb fly manages customer relationships along the entire customer life cycle and maximizes subscription retention and sales with accurate subscription offers and highly individualized worlds of experience.
TAGGED WITH: Darwin CX, Liam Lynch, Michael Smith, Cary Zel, dsb, dsb.net, Olaf Bendt, Alex Münch 
To find out if Darwin CX and dsb are right for your international business, contact [email protected]
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