Precursor Materials Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

Precursor Materials Market Size

The global Precursor Materials market was valued at US$ 10970 million in 2023 and is anticipated to reach US$ 35390 million by 2030, witnessing a CAGR of 14.8% during the forecast period 2024-2030.


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Precursor Materials Market

Precursor Materials Market Share

Global key players of precursor materials include CNGR Corporation, GEM Co., Ltd, Zhejiang Huayou Cobalt, Brunp Recycling, Umicore, etc. The top five players hold a share about 58%. China is the largest producer, holds a share around 85%, followed by South Korea and Japan, with share 9% and 6%, separately. The largest market is China, has a share about 57%, followed by United States and Japan, with around 33% and 8% market share respectively.

Segment by Type

  • NCM Type
  • NCA Type

Segment by Application

  • Power Battery
  • Consumer Battery

By Company

GEM Co., Ltd, Umicore, CNGR Corporation, Brunp Recycling, Tanaka Chemical Corporation, Kelong New Energy, Zhejiang Huayou Cobalt, Fangyuan, Greatpower Technology, Ronbay Technology, Hunan Changyuan Lico, GanfengLithium, Jiana Energy, Jinchuan Group, Zhejiang Power

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