The global battery metals market size is calculated at USD 12.62 billion in 2025 and is forecasted to reach around USD 25.72 billion by 2034, accelerating at a CAGR of 8.24% from 2025 to 2034. The Asia Pacific battery metals market size surpassed USD 10.85 billion in 2025 and is expanding at a CAGR of 8.30% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Battery Metals Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Battery Metals Market Revenue and Volume, By Metal
8.1.1 Lithium
8.1.1.1. Market Revenue and Volume Forecast
8.1.2. Cobalt
8.1.2.1. Market Revenue and Volume Forecast
8.1.3. Nickel
8.1.3.1. Market Revenue and Volume Forecast
8.1.4. Others
8.1.4.1. Market Revenue and Volume Forecast
9.1. Battery Metals Market Revenue and Volume, By Application
9.1.1. Starter, Lighting, and Ignition
9.1.1.1. Market Revenue and Volume Forecast
9.1.2. Electric Vehicles
9.1.2.1. Market Revenue and Volume Forecast
9.1.3. Electronic Devices
9.1.3.1. Market Revenue and Volume Forecast
9.1.4. Stationary Battery Energy Storage
9.1.4.1. Market Revenue and Volume Forecast
9.1.5. Other Applications
9.1.5.1. Market Revenue and Volume Forecast
10.1. North America
10.1.1. Market Revenue and Volume Forecast, By Metal
10.1.2. Market Revenue and Volume Forecast, By Application
10.1.3. U.S.
10.1.3.1. Market Revenue and Volume Forecast, By Metal
10.1.3.2. Market Revenue and Volume Forecast, By Application
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Volume Forecast, By Metal
10.1.4.2. Market Revenue and Volume Forecast, By Application
10.2. Europe
10.2.1. Market Revenue and Volume Forecast, By Metal
10.2.2. Market Revenue and Volume Forecast, By Application
10.2.3. UK
10.2.3.1. Market Revenue and Volume Forecast, By Metal
10.2.3.2. Market Revenue and Volume Forecast, By Application
10.2.4. Germany
10.2.4.1. Market Revenue and Volume Forecast, By Metal
10.2.4.2. Market Revenue and Volume Forecast, By Application
10.2.5. France
10.2.5.1. Market Revenue and Volume Forecast, By Metal
10.2.5.2. Market Revenue and Volume Forecast, By Application
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Volume Forecast, By Metal
10.2.6.2. Market Revenue and Volume Forecast, By Application
10.3. APAC
10.3.1. Market Revenue and Volume Forecast, By Metal
10.3.2. Market Revenue and Volume Forecast, By Application
10.3.3. India
10.3.3.1. Market Revenue and Volume Forecast, By Metal
10.3.3.2. Market Revenue and Volume Forecast, By Application
10.3.4. China
10.3.4.1. Market Revenue and Volume Forecast, By Metal
10.3.4.2. Market Revenue and Volume Forecast, By Application
10.3.5. Japan
10.3.5.1. Market Revenue and Volume Forecast, By Metal
10.3.5.2. Market Revenue and Volume Forecast, By Application
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Volume Forecast, By Metal
10.3.6.2. Market Revenue and Volume Forecast, By Application
10.4. MEA
10.4.1. Market Revenue and Volume Forecast, By Metal
10.4.2. Market Revenue and Volume Forecast, By Application
10.4.3. GCC
10.4.3.1. Market Revenue and Volume Forecast, By Metal
10.4.3.2. Market Revenue and Volume Forecast, By Application
10.4.4. North Africa
10.4.4.1. Market Revenue and Volume Forecast, By Metal
10.4.4.2. Market Revenue and Volume Forecast, By Application
10.4.5. South Africa
10.4.5.1. Market Revenue and Volume Forecast, By Metal
10.4.5.2. Market Revenue and Volume Forecast, By Application
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Volume Forecast, By Metal
10.4.6.2. Market Revenue and Volume Forecast, By Application
10.5. Latin America
10.5.1. Market Revenue and Volume Forecast, By Metal
10.5.2. Market Revenue and Volume Forecast, By Application
10.5.3. Brazil
10.5.3.1. Market Revenue and Volume Forecast, By Metal
10.5.3.2. Market Revenue and Volume Forecast, By Application
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Volume Forecast, By Metal
10.5.4.2. Market Revenue and Volume Forecast, By Application
11.1. Glencore
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Albemarle Corporation
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Umicore
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Tinaqi Lithium
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Norilsk Nickel
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Ganfeng Lithium Co., Ltd.
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. LG Chem
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Sumitomo Metal Mining Co. Ltd.
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Vale
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Bolt Metals
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
13.1. About Us
13.2. Glossary of Terms
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