Lithium-ion Battery Binders Global Market Report 2023 – By Type (Anode Binders, Cathode Binders), By Battery Chemistry (Lithium Iron Phosphate, Lithium Nickel Manganese Cobalt, Lithium Titanate Oxide, Other Battery Chemistries), By Material (Polyvinylidene Fluoride, Carboxymethyl Cellulose, Polymethyl Methacrylate, Styrene Butadiene Copolymer, Other Materials), By Application (Automotive, Consumer Electronics, Industrial, Energy Storage, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

The lithium-ion battery is a type of rechargeable battery with high energy density that uses lithium ions as a primary component of its electrolyte. Lithium-ion batteries are commonly used in electric vehicles, mobiles, laptops, power backups, and other electronic devices. The main types of lithium-ion (Li-ion) batteries are Lithium Nickel Manganese Cobalt (LI-NMC), Lithium Iron Phosphate (LFP), Lithium Cobalt Oxide (LCO), Lithium Titanate Oxide (LTO), Lithium Manganese Oxide (LMO) and Lithium Nickel Cobalt Aluminum Oxide (NCA). The lithium iron phosphate battery is a type of lithium-ion battery with a cathode made of lithium iron phosphate and an anode made of graphitic carbon with a metallic backing. The various component used are cathode, anode, separators, electrolytes, aluminum foil, copper foil, others and are available in different power capacities such as 0 to 3000 Mah, 3000 to 10000mAH, 10000 to 60000 Mah and above 60000mAH. Consumer electronics, automotive, marine, aerospace and defense, medical, industrial, power, and other industries use the chemistries used in lithium-ion (Li-ion) batteries. The global lithium-ion (Li-Ion) market is segmented – 1) By Power Capacity: 0 to 3000 Mah, 3000 to 10000mAH, 10000 to 60000 Mah, Above 60000mAH 2) By Application: Consumer Electronics, Automotive, Marine, Aerospace & Defense, Medical, Industrial, Power, Other Applications 3) By Component: Cathode, Anode, Separators, Electrolytes, Aluminium foil, Copper foil, Other Components 4) By Type: Lithium Nickel Manganese Cobalt (LI-NMC), Lithium Iron Phosphate (LFP), Lithium Cobalt Oxide (LCO), Lithium Titanate Oxide (LTO), Lithium Manganese Oxide (LMO), Lithium Nickel Cobalt Aluminum Oxide (NCA) 5) By Chemistry: LFP, LCo., LTO, NMC, NCA, LMO The global lithium-ion (li-ion) market size will grow from $47.48 billion in 2022 to $53.16 billion in 2023 at a compound annual growth rate (CAGR) of 12.0%. 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 market size of lithium-ion (li-ion) is expected to grow to $81.09 billion in 2027 at a compound annual growth rate (CAGR) of 11.1%. The growth of the lithium-ion batteries market is mainly driven due to the presence of high energy density features in lithium-ion batteries. High energy density helps the lithium-ion battery to run for a longer period. Most of the lithium-ion batteries used in portable devices are cobalt-based which offers the highest energy density. The energy density of the lithium-ion batteries is 100-265 Wh/kg or 250-670 Wh/L, which is one of the highest energy densities of any battery technology. High energy density in a lithium-ion battery made it the most preferred battery to be used in mobile phones, laptops, cameras and automobiles. Therefore, positively impacting the growth of lithium-ion battery market. Major players in the lithium-ion (Li-ion) batteries market are A123 Systems, Automotive Energy Supply Corp., LG Chem, Panasonic, Samsung SDI, Toshiba, BYD, Automotive Energy Supply Corp., Contemporary Amperex Technology, and Johnson Controls. Safety concerns towards lithium-ion batteries is the major challenge faced by the lithium-ion batteries market. Lithium-ion batteries generate large amounts of energy, associated with the risk of explosion or fire. The temperature in lithium-ion batteries should never rise above 130°C which may lead to thermal runaway. Major causes of failure in lithium-ion batteries can be a puncture, overcharge, overheating, short circuit, internal cell failure, and deficiencies in the manufacturing process. For example, Several Tesla Model S sedans caught fire after battery shield getting damaged by road debris. Therefore, inadequate safety in lithium-ion batteries hindering the lithium-ion batteries market’s growth. Declining lithium-ion battery prices boost the sales of lithium-ion batteries. Changes in materials technology, manufacturing processes, overhead costs, and huge investments in the lithium-ion battery industry contributed to the reduction in lithium-ion battery prices. Lithium-ion battery prices, with a combined cost for cell and pack, will drop to US$76 per kWh by 2030, according to a Navigant Consulting Research report. In March 2022, Reliance New Energy Limited, a subsidiary of Reliance Industries Ltd., acquired Lithium Werks BV for $61 million. This acquisition strengthens Reliance's cell chemistry technology expertise and accelerates the establishment of large-scale battery manufacturing in India. Lithium Werks BV is a Netherlands-based manufacturer of lithium-ion batteries. Asia-Pacific was the largest region in the lithium-ion (Li-ion) market in 2022. North America was the second-largest region in the lithium-ion (Li-ion) market share. The regions covered in the global lithium-ion (Li-ion) batteries market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the lithium-ion (Li-ion) batteries market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The lithium-ion (Li-ion) batteries market consists of sales of lithium nickel magnesium cobalt (LI-NMC), lithium ferro phosphate (LFP), lithium cobalt oxide (LCO), lithium titanate oxide (LTO), lithium manganese oxide (LMO), and other lithium-ion (Li-ion) batteries. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The lithium-ion (Li-ion) batteries market research report is one of a series of new reports from The Business Research Company that provides lithium-ion (Li-ion) batteries market statistics, including lithium-ion (Li-ion) batteries industry global market size, regional shares, competitors with a lithium-ion (Li-ion) batteries market share, detailed lithium-ion (Li-ion) batteries market segments, market trends and opportunities, and any further data you may need to thrive in the lithium-ion (Li-ion) batteries industry. This lithium-ion (Li-ion) batteries market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The lithium-sulfur batteries are used for efficient electric transportation in various devices such as in power backups, satellites, drones, military vehicles, and others. Lithium-sulfur batteries have the potential for serving as promising next-generation rechargeable and high energy density batteries due to the high gravimetric energy, reduced raw materials cost, light-weight, improved safety characteristics, non-toxicity, the low environmental burden associated with the cell materials, and high sustainability of sulfur which is abundant in nature. The main types of blockchain in the banking and financial services market are public blockchain, private blockchain, and others. Public blockchain doesn't require permission and is a distributed ledger technology that lets anyone join and make transactions; each peer features a copy of the ledger. A private blockchain is a blockchain that generally runs on a private or closed network that is under the control of an entity, such as private organizations allowing selected participants to access the blockchain network. The blockchain services also include hybrid and consortium blockchains for banking and financial services. These have applications in various banking and financial areas such as fund transaction management, real-time loan funding, liquidity management, and others. The global lithium sulfur batteries market is segmented - 1) By Type: Low Energy Density Lithium Sulfur Battery, High Energy Density Lithium Sulfur Battery 2) By Power Capacity: 0-500mAh, 501-1000 mAh, Above 1000 mAh 3) By Application: Aviation, Automotive, Electronics, Power Sectors, Other Applications The global lithium sulfur batteries market size grew from $0.42 billion in 2022 to $0.56 billion in 2023 at a compound annual growth rate (CAGR) of 32.2%. 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 market size of global lithium sulfur batteries is expected to grow to $1.44 billion in 2027 at a CAGR of 26.6%. Rising government investment in electric vehicles is significantly driving the growth of the lithium sulfur batteries market. Through subsidies, investment, and other legislative mechanisms, governments are promoting the development and uptake of electric vehicles. Lithium-sulfur (Li-S) batteries are largely considered the most promising battery technology for electric vehicles in the future (EV). The results of the environmental impact evaluation show that Li-S batteries are more environmentally friendly than traditional NCM-Graphite batteries, with a 9% to 90% minimum impact. For instance, according to CNBC, a US-based television business news channel report, in January 2021, Biden, the president of the United States, has pledged to fund $400 billion in clean energy, particularly battery technology and electric vehicles. Part of the strategy includes allocating government funds to assist electric vehicles, with 500,000 new charging stations expected by 2030. Therefore, the rising government investment in electric vehicles is expected to propel the growth of the lithium sulfur batteries market going forward. Major players in the lithium sulfur batteries market are A123 Systems, Amicell Industries, Enerdel, SouthWest Electronic Energy Group, Quallion, Valence Technology, EEMB Battery, Panasonic Corporation, Exide Technologies, Johnson Controls International PLC, SANYO Energy, Ener1, Sion Power, Toshiba Corporation, Uniross Batteries, Automotive Energy Supply Corporation, GS Yuasa International Ltd., Hitachi Chemical Co. Ltd., LG Chem Ltd., Tesla Inc., Monash University, SANYO Energy, Daegu Institute of Science and Technology, Dalian Institute of Chemical Physics, and Stanford University. Growing technological advancements are a key trend gaining popularity in the lithium sulfur batteries market. Major companies operating in the lithium-sulfur batteries sector are focused on developing new technological solutions to accelerate their growth in the market. For instance, in September 2021, Lyten, a US-based advanced materials company, launched lithium-sulfur battery LytCell EV for electric vehicles. Lyten Sulfur Caging is a technology employed in LytCell batteries to unlock the performance ability of sulphur by preventing the poly-sulfide shuttle, a cycle-life limiting issue that has prohibited practical Li-S application in battery electric vehicles up to now. This recent Silicon Valley battery invention is intended to produce three times (3X) the gravimetric energy density of traditional lithium-ion (Li-ion) batteries and is being developed exclusively for the electric vehicle (EV) sector. In July 2021, Johnson Matthey, a UK-based chemicals company developing lithium sulfur batteries market acquired the assets and intellectual property of Oxis Energy Limited for an undisclosed amount. This acquisition will accelerate the growth of Johnson Matthey’s green hydrogen business and expand its portfolio in next-generation lithium-sulfur and adjacent battery technologies. Oxis Energy Limited is a UK-based company that manufactures lithium-sulfur batteries. North America was the largest region in the lithium sulfur batteries market in 2022. The regions covered in the lithium-sulfur batteries market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the lithium sulfur batteries market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The lithium sulfur batteries market consists of sales of lithium metal, an organic liquid electrolyte, and sulfur composite. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the lithium sulfur batteries market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The lithium sulfur batteries market research report is one of a series of new reports from The Business Research Company that provides lithium sulfur batteries market statistics, including lithium sulfur batteries industry global market size, regional shares, competitors with lithium sulfur batteries market share, detailed lithium sulfur batteries market segments, market trends and opportunities, and any further data you may need to thrive in the lithium sulfur batteries industry. This lithium sulfur batteries market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Lithium primary batteries are defined as disposable batteries, the charge moves from the cathode to the anode during charging and from the anode to the cathode during discharge. Lithium batteries can produce between 1.5 and 3.7 volts, which is more than twice the voltage of an ordinary alkaline or zinc-carbon battery. Lithium batteries are used in clocks and cameras. The main types of lithium primary batteries are lithium/thionyl chloride batteries (Li/SOCl2), lithium/manganese dioxide batteries (Li/MnO2) and lithium/polycarbonate monofluoride batteries (Li/CFX). Lithium Manganese Oxide (LiMnO2) batteries use manganese as the cathode and lithium as the anode. To improve ion flow, the battery is designed as a spinel. It includes lithium salt that serves as an "organic solvent" needed to abridge the current traveling between the anode and the cathode. The voltage of lithium primary batteries ranges from less than 4.5V, 4.6V to 12V, 13V to 18V, 19V to 24V, 25V to 36V, 37V to 48V, and above 48V, and they are available as rechargeable and non-rechargeable. Lithium batteries are used in aerospace and defense, medical, industrial, and other applications. The global lithium primary batteries market is segmented – 1) By Type: Lithium/Thionyl Chloride Battery (Li/Socl), Lithium/Manganese Dioxide Battery (Li/Mno), Lithium/Polycarbon Monofluoride Battery (Li/Cfx) 2) By Application: Aerospace and Defense, Medical, Industrial, Others Application 3) By Voltage: Less than 4.5V, 4.6V to 12V, 13V to 18V, 19V to 24V, 25V to 36V, 37V to 48V, Above 48V 4) By Operation: Rechargeable, Non-rechargeable The global lithium primary batteries market size will grow from $2.83 billion in 2022 to $2.9 billion in 2023 at a compound annual growth rate (CAGR) of 2.5%. 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 market size of global lithium primary batteries is expected to grow to $3.22 billion in 2027 at a CAGR of 2.7%. Increasing demand for consumer electronics contributed to the growth of the lithium primary batteries market. Non-rechargeable primary batteries such as dry batteries and button-type batteries are commonly used in consumer appliances like remote controls for TVs, clocks, and toys. For instance, In April 2020, according to a market figure published by gfu Consumer and Home Electronics GmbH, a Germany-based consumer electronics company, stated that with 31.2 billion Euros in sales in 2021, the consumer electronics segment is up 2.5% from 2020. Additionally, the segment of IT goods for private use, in particular, grew positively, increasing by 3.1% to 8.7 billion euros. The primary batteries market experiences huge demand from the consumer electronics segment, which in turn is anticipated to propel the revenues generated for the lithium primary batteries market. Major players in the lithium primary batteries market are Hitachi Maxell, Ultralife, Energizer, FDK Corporation, Tadiran, Vitzrocell, EVE Energy, Panasonic, SAFT, and Varta. During the forecast period, the demand-supply gap in the lithium industry is expected to hinder the growth of the lithium primary batteries market. Lithium is an integral component of batteries which are widely used in daily life. Due to the soaring demand for lithium primary batteries, there is growing concern about whether there is enough lithium to keep up with the rising demand. For instance, the demand for metal is predicted to grow by 600,000 to 800,000 tons over the next 10 years. Furthermore, growth in the number and size of the batteries will be responsible for more than 90% of the demand for lithium by 2030. Since the recycling of lithium primary batteries is still under development, and there are also certain regulatory challenges coupled with challenging technical processes and collection procedures, a shortfall in supplies of lithium, as well as other metals used in batteries is expected. This is likely to slow down the production of batteries which would affect the lithium primary batteries market growth. The launch of paper-based bio-battery powered by bacteria has created immense demand in the lithium primary batteries market. Paper has unique edges as a material for biosensors. With its unique advantages as a material for biosensors, it is being used in the development of paper-based bio-battery. By integrating bacteria into paper batteries, researchers created a cheap, sustainable way to power billions of sensors and devices. The paper battery currently has a shelf life of about four months and is for one-time use. As commercial batteries are too wasteful and expensive and cannot be integrated into paper substrates, the best solution is to shift to a paper-based bio-battery. In February 2022, LG Energy Solution, Ltd., a South Korea-based company operating in batteries acquired NEC Energy Solutions for an undisclosed amount. Through this acquisition, LG Energy Solution, Ltd. aims to accelerate its energy storage business and to provide its clients with a comprehensive ESS program to meet growing demand. NEC Energy Solutions is a US-based company operating in Energy Storage System (ESS). Asia-Pacific was the largest region in the lithium primary batteries market in 2022. Western Europe is the second-largest region in the lithium primary batteries market share. The regions covered in the global lithium primary batteries market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the lithium primary batteries market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The lithium primary batteries market consists of sales of lithium/thionyl chloride battery (Li/SOCl2), lithium/manganese dioxide battery (Li/MnO2), lithium/polycarbon monofluoride battery (Li/CFX), and other lithium primary batteries. These batteries are used in clocks and cameras. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The lithium primary batteries market research report is one of a series of new reports from The Business Research Company that provides lithium primary batteries market statistics, including lithium primary batteries industry global market size, regional shares, competitors with a lithium primary batteries market share, detailed lithium primary batteries market segments, market trends and opportunities, and any further data you may need to thrive in the lithium primary batteries industry. This lithium primary batteries market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

A battery energy storage system (BESS) is a device that stores energy from renewable sources, such as solar and wind, and releases it when the customer needs it. The battery energy storage system (BESS) technology uses specially developed batteries to store electric charge. The main types of battery energy storage system are front-of-the-meter and behind-the-meter. A front-of-the-meter refers to the battery integrated into the electricity network and used to smooth out the flow of energy. A front-of-the-meter is used to provide power to off-site locations. The different connection types include on-grid and off-grid, and involve various types of batteries such as lithium-ion batteries, advanced lead-acid batteries, flow batteries, and others. It is used in telecommunication, data center, medical, industrial, marine, and other applications. The global battery energy storage system market is segmented - 1) By Storage System: Front-Of-The-Meter, Behind-The-Meter 2) By Connection Type: On-Grid, Off-Grid 3) By Battery Type: Lithium-Ion Batteries, Advanced Lead-Acid Batteries, Flow Batteries, Other Battery Types 4) By Application: Telecommunication, Data Center, Medical, Industrial, Marine, Other Applications The global battery energy storage system market size grew from $4.34 billion in 2022 to $5.53 billion in 2023 at a compound annual growth rate (CAGR) of 27.4%. 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 market size of global battery energy storage system is expected to grow to $13.8 billion in 2027 at a CAGR of 25.7%. The ongoing renewable energy revolution is expected to propel the growth of battery energy storage system (BESS) market going forward. Renewable energy comes from natural resources that regenerate more quickly than they are depleted. Renewable energy is being used more frequently as it lowers emissions of pollutants and greenhouse gases that contribute to climate change. In BESS, energy is gathered from the electrical grid or renewable energy sources such as solar and wind, and stored using battery storage technology. For instance, according to a report by the International Energy Agency, a Paris-based autonomous intergovernmental organization, in 2020, the utilization of renewable energy rose by 3%. In addition, the proportion of renewable energy in the world's power generation increased from 27% in 2019 to 29% in 2020. Therefore, the rising demand for clean and renewable energy is expected to drive the growth of the growth of the battery energy storage system market. Major players in the battery energy storage system market are BYD Company Limited, General Electric Company, Hitachi Ltd., Honeywell International Inc., Panasonic Corporation, SAMSUNG SDI Co. Ltd., Siemens AG, Tesla Inc., Toshiba Corporation, ABB Ltd., Contemporary Amperex Technology Co. Limited, LG Chem Ltd., Kokam, Johnson Controls International PLC, and Enersys. Technological advancements are a key trend gaining popularity in the battery energy storage system market. Major companies operating in the market are focused on technological advancements to make the battery energy storage system more efficient. For instance, in January 2022, Franklin Whole Home, a US-based privately funded cleantech company, launched its integrated battery and control system based on artificial intelligence technology. The Franklin Home Power solution creates a unique form of enhanced storage by combining its lithium iron phosphate with aGate smart control technology. The aGate control system includes adaptive learning algorithms, enabling it to handle even the most challenging load circumstances successfully. In February 2022, LG Energy Solution, a South Korea-based battery company, acquired NEC Energy Solutions for an undisclosed amount. Through the acquisition, LGES will have access to both the operational data and the technology of NEC Energy Solutions. As a result, system-level performance and reliability will be enhanced, and inverters and other PCS components will be easier to monitor and collect data from. NEC Energy Solutions is a US-based company that provides energy storage solutions and battery systems. North America was the largest region in the battery energy storage system market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the battery energy storage system market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the battery energy storage system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The battery energy storage system market consists of sales of nickel metal hydride batteries, zinc bromine batteries and sodium-sulphur batteries. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The battery energy storage system market research report is one of a series of new reports from The Business Research Company that provides battery energy storage system market statistics, including battery energy storage system industry global market size, regional shares, competitors with a battery energy storage system market share, detailed battery energy storage system market segments, market trends and opportunities, and any further data you may need to thrive in the battery energy storage system industry. This battery energy storage system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The binders and scaffolders are used for meat and meat substitutes. It is the process of preparing meat alternatives to provide a unique fibrous structure that gives the products a meat-like appearance. Prepared from processing animal bones, tissue, and skin which has been widely applied in food preparation, which include soybean products, vegetarian sausages, spread, or burgers. It has various health benefits due to high levels of protein and vitamins. The main types of binders and scaffolders for meat and meat substitutes are binders for meat and meat substitutes, and scaffolders for cultured meat. Collagen and gelatin, both of which are produced from animals, are the most common scaffolds utilized in cultured meat research. Plant-derived biomaterials for scaffolding are being investigated extensively to correspond with the cell-based meat concept, which includes environmental conservation and animal welfare. Binding agents in meat analogs might be animal or plant-based substances that act as both a water and fat binder. The meat types are beef, pork, fish, and poultry with applications in various industries such as meat products, meat substitutes, and cultured meat. The global binders and scaffolders for meat and meat substitutes market is segmented - 1) By Type: Binders For Meat And Meat Substitutes, Scaffolders For Cultured Meat 2) By Meat Type: Beef, Pork, Fish, Poultry 3) By Application: Meat Products, Meat Substitutes, Cultured Meat The global binders and scaffolders for meat and meat substitutes market size grew from $3.6 billion in 2022 to $3.79 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%. 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 market size of the binders and scaffolders for meat and meat substitutes is expected to grow to $4.7 billion in 2027 at a CAGR of 5.5%. Consumers shifting toward a flexitarian and vegan lifestyle is expected to propel the growth of the binders and scaffolders for the meat and meat substitutes market over the coming years. Flexitarian is defined as the style of eating mostly plant-based foods allowing meat and other animal products in moderation. It provides various health benefits such as a healthy lifestyle. For instance, according to Nutrition Company, Kerry 61% of consumers consider plants to be a preferred protein source, over animal-based proteins globally. Therefore, consumers shifting toward a flexitarian and vegan lifestyle drives the gelatin market. Major players in the binders and scaffolders for meat and meat substitutes market are Aleph Farms Ltd., Archer Daniels Midland Company, Avebe, Danone, DuPont, Excell, Gelita Ag, Ingredion Incorporated, Kerry Group, Matrix Meats, Memphis Meats, Mosa Meat, Nexira, Roquette Freres, SeaWith, and Wiberg GmbH. Technological advancements are shaping the meat and meat substitutes market. Technological advancement is defined as a discovery of knowledge that advances technology and provides enhanced products to the customers. Cellular-based agriculture is a new technique that allows meat and other agricultural products to be made from cells in a fermenter or bioreactor instead of from farm animals. It has various advantages such as less environmental repercussions, a safer, purer product, and a more consistent supply. For instance, in September 2021, Givaudan, Buhler, and Migros formed a new company, the Cultured Food Innovation Hub, that operates on cell culture and bio-fermentation capabilities. The company attracted an investment of $700 million which results in generating more demand for the product using this technology. In September 2021, HiltonFood Group plc, the international multi-protein food business acquired 50% of the shareholding of Dalco Food B.V. Through this acquisition, Dalco becomes a part of Hilton's ambition to broaden and improve its protein offering in the fast-growing and appealing vegan and vegetarian sector. Dalco Food B.V. is a producer of meat substitutes based in Europe. North America was the largest region in the binders and scaffolders for meat and meat substitutes market in 2022. The regions covered in binders and scaffolders for the meat and meat substitutes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the binders and scaffolders for meat and meat substitutes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The binders and scaffolders market consists of sales of soybean products, vegetarian sausages, spread, oatmeal. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The binders and scaffolders for meat and meat substitutes market research report is one of a series of new reports from The Business Research Company that provides binders and scaffolders for meat and meat substitutes market statistics, including binders and scaffolders for meat and meat substitutes industry global market size, regional shares, competitors with a binders and scaffolders for meat and meat substitutes market share, detailed binders and scaffolders for meat and meat substitutes market segments, market trends and opportunities, and any further data you may need to thrive in the binders and scaffolders for meat and meat substitutes industry. This binders and scaffolders for meat and meat substitutes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Battery recycling refers to the method of reusing and reprocessing batteries in order to reduce the number of batteries being disposed as waste. Recycling can assist in extracting the raw ingredients from used batteries and sending them to businesses that manufacture products for reuse. This reduces the price of fresh batteries as well. The main types of batteries that are recycled include lead-acid battery, nickel-based battery, lithium-based battery and other battery types. Lead acid batteries are charged continuously from the power grid and are normally designed to provide power for brief periods of time to allow the facility to properly shut down equipment. Lead-acid batteries are extremely recyclable, achieving recycling rates of more than 90% in many countries. Nickel-based batteries have a positive electrode of nickel hydroxide and a negative electrode of cadmium and offer good performance in high ambient temperatures, good resistance to electrical use as they can be left in a discharged state for long periods without causing any permanent damage. Lithium-based batteries have a lithium metal oxide cathode and a carbon anode with an organic electrolyte and has the highest energy density of all rechargeable systems. The high capacity of active materials and a single cell voltage makes the battery suitable for a number of applications, ranging from high energy to high power. The processing states involved in battery recycling include extraction of material, reuse, repackaging and second life, and disposal, and this is used to recycle batteries from automotive, consumer electronics, industrial sectors. The global battery recycling market is segmented - 1) By Type: Lead-Acid Battery, Nickel-Based Battery, Lithium-Based Battery, Other Battery Types 2) By Processing State: Extraction Of Material, Reuse, Repackaging And Second Life, Disposal 3) By Application: Automotive, Consumer Electronics, Industrial, Other Applications The global battery recycling market size will grow from $15.45 billion in 2022 to $17.6 billion in 2023 at a compound annual growth rate (CAGR) of 13.9%. 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 market size of the global battery recycling is expected to grow to $29.61 billion in 2027 at a CAGR of 13.9%. The increasing adoption of electric vehicles is expected to drive the growth of the battery recycling market in the forecast period. Electric vehicles (EV) are automobiles which are completely or partially powered by electricity. Disposing an electric vehicle battery is expensive, particularly if the waste contains valuable materials. Recycling is an opportunity to minimize life cycle costs by recovering high-value materials and avoiding the expense of hazardous waste disposal. With the growth in EV sales, the number of lithium-ion batteries in the market increases. The limited life of these batteries requires an effective recycling medium in order to stabilize domestic source of materials for battery production, reduce the demand for raw materials and minimize geopolitical disruptions of the supply chain. After a period of 5-8 years the power generated by these batteries is not enough for the EV, but it can be used in other low-grade applications such as in households, energy backups, renewable energy storage and off-peak energy storage. Recycling EV batteries also helps recover the metals - cobalt, lithium, nickel, and others, which can then be used for manufacturing new batteries, saving resources and cost of production. According to International Energy Agency, global electric vehicle sales are projected to reach 125 million by 2030. Therefore, the increasing adoption of electric vehicles propels the growth of the battery recycling market. Major players in the battery recycling market are Li-Cycle, Battery Solutions, LLC, Exide Technologies, Umicore, Aqua Metals, Inc., Gravita India Limited, Exide Industries Ltd., ECOBAT Logistics, East Penn Manufacturing Company, ENERSYS, Fortum Oyj, Accurec Recycling GmbH, Eco-Bat Technologies Ltd., Terrapure Environmental, Brunp Recycling, and Anhua Taisen Recycling Technology. Major companies operating in the battery recycling market are entering into strategic collaborations to improve know how and enhance battery recycling efficiency. For instance, in 2021, UK based sustainable technologies company, Johnson Matthey partnered with Sweden based leading recycler of industrial waste and end of life products, Stena Recycling Group, to develop an efficient value chain for the recycling of lithium-ion batteries and cell manufacturing materials in Europe. For instance, in July 2022, Volkswagen Group of America, a subsidiary of Germany-based Volkswagen Group, partnered with a US-based battery recycling startup, Redwood Materials to create supply chain for EV battery recycling. The partnership is expected to establish a supply network for recycling Volkswagen and Audi electric vehicle batteries in the US with the aim of giving American drivers more affordable and environmentally friendly access to electric mobility. In January 2020, Fortum, a Finland based electric services company acquired CrisolteQ Oy for an undisclosed amount. This acquisition strengthens the position of Fortum in recycling high value metals in lithium-ion batteries in Europe. CrisolteQ Oy is a Finland based company that is a specialist in metal recycling. The company uses a low-CO2 hydrometallurgical recycling process for achieving 80% recycling rate for lithium-ion batteries. North America was the largest region in the battery recycling market in 2022. The regions covered in the battery recycling market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the battery recycling market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The battery recycling market includes revenues earned by entities by reducing the number of batteries disposed of improperly. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The battery recycling market research report is one of a series of new reports from The Business Research Company that provides battery recycling market statistics, including battery recycling industry global market size, regional shares, competitors with a battery recycling market share, detailed battery recycling market segments, battery recycling market trends and opportunities, and any further data you may need to thrive in the battery recycling industry. This battery recycling market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Lithium refers to the process of mining lithium and its compounds. Lithium extraction is a series of chemical procedures that isolate lithium from a material and transform it into a form that may be sold. Brine, or water with a high concentration of lithium carbonate, is frequently used to recover lithium. One of the main sources of lithium carbonate is subsurface brines that are confined in the Earth's crust. The main types of lithium are glass/ceramics, greases/lubricants, chemical synthesis, portable electronics and other handhelds, hybrids, battery electric vehicles (BEV), grid, and other power storage applications. Chemical synthesis refers to the process by which one or more chemical reactions are performed to convert a reactant or start material into a product or multiple products. The sources are brine and hard rock. The mining type includes underground mining, and surface mining. The global lithium market is segmented – 1) By Type: Glass/Ceramics, Greases / Lubricants, Chemical Synthesis, Portable Electronics & Other Handhelds, Hybrids, Battery Electric Vehicle (bev), Grid, and Other Power Storage Applications 2) By Mining Type: Underground Mining, Surface Mining The global lithium market size will grow from $6.2 billion in 2022 to $7.25 billion in 2023 at a compound annual growth rate (CAGR) of 16.9%. 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 market size of lithium is expected to grow from $13.85 billion in 2027 at a CAGR of 17.5%. The growth in the lithium market is due to the increasing use of autonomous hauling systems trucks in the mining industry, which is significantly enhancing production efficiency and reducing turnaround time. Major players in the lithium market include Albemarle Corporation, Sociedad Química Y Minera, FMC Corporation, Sichuan Tianqi Lithium Industries Inc., and Jiangxi Ganfeng Lithium Co. Ltd. Companies engaged in the lithium industry are using autonomous haulage systems to control and track mining vehicle movements, and coordinate and autonomously drive off-highway haul trucks operating in a mine. South America was the largest region in the lithium market in 2022. The regions covered in this lithium market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the Lithium market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The Lithium market includes revenues earned by entities by producing glass, aluminum products, and batteries. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The lithium market research report is one of a series of new reports from The Business Research Company that provides lithium market statistics, including lithium global industry market size, regional shares, competitors with a lithium market share, detailed lithium market segments, market trends and opportunities, and any further data you may need to thrive in the lithium industry. This lithium global market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Lithium iron phosphate battery refers to a particular type of lithium-ion battery that has a graphitic carbon electrode with metallic support for the anode and employs lithium iron phosphate as the cathode material to produce high current ratings and good thermal stability. The main lithium iron phosphate batteries power capacities include 0–16,250 mAh, 16,251–50,000 mAh, 50,001–100,000 mAh and 100,001–540,000 mAh. The 0–16,250 mAh batteries have a capacity of 0- 16,250 mAh and are used in lighter applications. The different types of lithium iron phosphate batteries include portable and stationary for different industries including automotive, power, and industrial. The global lithium iron phosphate batteries market is segmented - 1) By Power Capacity: 0–16,250 mAh, 16,251–50,000 mAh, 50,001–100,000 mAh, 100,001–540,000 mAh 2) By Type: Portable, Stationary 3) By Industry: Automotive, Power, Industrial The global lithium iron phosphate battery market size grew from $7.59 billion in 2022 to $8.28 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. 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 market size of global lithium iron phosphate battery is expected to grow to $11.42 billion in 2027 at a CAGR of 8.4%. Increasing demand for electrical vehicles will propel the expansion of the lithium iron phosphate batteries market. Lithium iron phosphate (LFP) batteries are preferred in electric vehicles as they have a longer life and do not contain cobalt, reducing the cost of the battery, which allows manufacturers to lower the price of their electric vehicles. According to the International Energy Agency (IEA) report in 2021, a France-based autonomous intergovernmental organization for energy, two-thirds of new electric car registrations and two-thirds of the stock in 2020 were battery electric vehicles (BEVs). Additionally, China has the greatest fleet size of electric vehicles with 4.5 million units and Europe experienced the largest annual growth, rising to 3.2 million in the year 2020. Hence, the increasing demand for electric vehicles is expected to drive the growth of the lithium iron phosphate batteries market in the forecast period. Major players in the lithium iron phosphate batteries market are BYD Company Ltd., A123 Systems LLC, K2 Energy, Electric Vehicle Power System Technology Co., Ltd., OptimumNano Energy, LiFeBATT, Inc., Lithium Werks, CENS Energy Tech Co. Ltd., RELiON Batteries, Victron Energy B.V, China Sun Group, Valence Technology, Lithium Technology Corporation, Formosa Energy & Material Technology and Bharat Power Solutions. Product innovation are shaping the lithium iron phosphate batteries market. Companies are creating new and innovative products to satisfy market needs. For instance, in 2021, Chinese battery manufacturer, Guoxuan High-Tech Co Ltd., introduced a new high-energy-density lithium iron phosphate (LFP) lithium-ion battery cell rated at 210 Wh/kg, which is on par with NCM523 lithium-ion cells. The company used silicon anode materials and an in-house developed high-performance LFP cathode to enhance battery efficiency. In March 2022, Reliance New Energy Limited, an Indian-based technology Company, acquired Lithium Werks, for $61 Million. The deal would help Reliance further strengthen its cell chemistry technology leadership and accelerate the setting up of multi-gigawatt-hour scale battery manufacturing in India. Lithium Werks is a UK-based company that involved cobalt-free lithium battery technology. Asia-Pacific was the largest region in the lithium iron phosphate batteries market in 2022. The regions covered in the lithium iron phosphate batteries market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the lithium iron phosphate batteries market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The lithium iron phosphate batteries market consists of sales of portable and stationary lithium iron phosphate batteries. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The lithium iron phosphate batteries market research report is one of a series of new reports from The Business Research Company that provides lithium iron phosphate batteries market statistics, including lithium iron phosphate batteries industry global market size, regional shares, competitors with a lithium iron phosphate batteries market share, detailed lithium iron phosphate batteries market segments, market trends and opportunities, and any further data you may need to thrive in the lithium iron phosphate batteries industry. This lithium iron phosphate batteries market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.