Cathode Materials Market 2023 Analysis By Size, Share, Growth, Trends Up To 2032 | 3M, BASF SE, Johnson Matthey plc, Kureha Corporation, LG Chem Ltd., Mitsubishi Chemical Corporation, Mitsui Mining & Smelting Co.Ltd.

The Business Research Company’s Cathode Materials Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Cathode Materials Global Market Report 2023 evaluates cathode materials market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global cathode materials market size grew from $18.57 billion in 2022 to $20.43 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The cathode materials market size is expected to grow to $27.91 billion in 2027 at a CAGR of 8.1%.

The cathode materials market segments in the report are:

Cathode Materials Market By Material:

Lithium Cobalt Oxide or Lithium Cobaltate

Lithium Manganese Oxide or Spinel or Lithium Manganate

Cathode Materials Market By Battery Type:



Other Battery Types

Top Key Players

  • 3M
  • Johnson Matthey plc
  • Kureha Corporation
  • LG Chem Ltd

North America was the largest region in the cathode materials market in 2022.

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The table of contents in TBRC’s cathode materials market report includes:

  1. Executive Summary
  2. Cathode Materials Market Characteristics
  3. Cathode Materials Market Trends And Strategies
  4. Cathode Materials Market – Macro Economic Scenario
  5. Cathode Materials Market Size And Growth.


  1. Cathode Materials Market Competitive Landscape And Company Profiles
  2. Key Mergers And Acquisitions In The Cathode Materials Market
  3. Cathode Materials Market Future Outlook and Potential Analysis
  4. Appendix

List Of Tables

Table 1: Global Historic Market Growth, 2017-2022, $ Billion

Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion

Table 3: Global Cathode Materials Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 4: Global Cathode Materials Market, Segmentation By Battery Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 5: Global Cathode Materials Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion


Table 46: 3M Financial Performance

Table 47: BASF SE Financial Performance

Table 48: Johnson Matthey plc Financial Performance

Table 49: Kureha Corporation Financial Performance

Table 50: LG Chem Ltd. Financial Performance

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