Battery Additives Market

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Battery Additives Market To Reach USD 2.59
Billion By 2026
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Market Size USD 1.22 Billion in 2018, Market
Growth - CAGR of 9.7, Market Trends The advent
of Li-ion batteries in consumer electronics.
Market Summary
The global battery additives market is forecast
to reach USD 2.59 Billion by 2026, according to a
new report by Reports and Data. Battery additives
are specialty chemicals that are utilized in the
manufacturing and maintenance of batteries.

• Further key findings from the report suggest
• The porous additive segment is set to observe the
  highest CAGR of 10.2 during the forecast period.
  This is owing to the high utility in electric
  vehicles and the cheap manufacturing cost of this
  type of batteries.
• Lead-acid batteries held the largest market share
  of 49.5 in the year 2018, owing to its increased
  utility in the automotive segment. They are being
  utilized highly in regions where the
  infrastructure for electric vehicles has
  developed in the previous years. Usage of
  additives in this segment allows the batteries to
  last longer against corrosion, self-discharging
  and overcharging.
• The conductive segment for battery additives held
  the largest market share of 32.9 in the year
  2018. This is owing to the rapid research in the
  scope of this additive type. The development of
  solid-state batteries is directly relatable to
  the advancement in the conductive segment for
  batteries.

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Market Summary
Key Players
3M Co., Cabot Corporation, Hammond Group,
Colonial Chemical Corp., Orion Engineered
Carbons, Altana AG, Zircon Industries, Atomized
Products Group Inc.,
Segmentation
Additive Type Outlook (Volume, Kilo Tons
Revenue, USD Billion 2016-2026) Conductive Porou
s Nucleating Application Type Outlook (Volume,
Kilo Tons Revenue, USD Billion
2016-2026) Lithium ion Lead acid Nickel ion
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Market Summary
End-Users Outlook (Volume, Kilo Tons Revenue,
USD Billion 2016-2026) Automotive Electronics Ot
hers
Regional Outlook for Battery Additives Market
analyses the following geographies North
America (United States, Canada, and
Mexico) Europe (Germany, France, UK, Russia, and
Italy) Asia-Pacific (China, Japan, Korea, India,
and Southeast Asia) South America (Brazil,
Argentina, Colombia, etc.) Middle East and Africa
(Saudi Arabia, UAE, Egypt, Nigeria, and South
Africa)
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The report emphasizes the following key
questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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