Battery component azimuth

What are the growth opportunities in the battery component market?

This considerable gap between demand for cell components and local supply signals growth opportunities in the battery component market. The global revenue pool of the core cell components is expected to continue growing by around 17 percent a year through 2030 (Exhibit 2).

What is a primary battery?

Primary batteries are assembled in the charged state and their capacity is limited to the amount of energy obtainable from the volume of reactants placed in them during manufacture.

What percentage of battery material is produced in Asia?

The region produces 96 and 95 percent of cathode and anode active materials, respectively, and 90 and 95 percent of electrolyte and separator material, respectively (see sidebar, “An overview of the battery industry in Asia”). By contrast, Europe and North America have modest presences in the sector.

What is a battery management system?

Modern battery management systems have a wide range of functions, including estimation of the state of charge, depth of discharge, state of health and state of function. These together protect the battery from overheating and are useful for data reporting.

What materials are used in battery manufacturing?

Raw materials are the starting point of the battery manufacturing process and hence the starting point of analytical testing. The main properties of interest include chemical composition, purity and physical properties of the materials such as lithium, cobalt, nickel, manganese, lead, graphite and various additives.

How important are battery components in the future?

The global revenue pool of the core cell components is expected to continue growing by around 17 percent a year through 2030 (Exhibit 2). Future technological developments (new anode materials and solid-state electrolytes) will only increase the importance of battery components.