Lithium Nickel Cobalt Manganese Oxide Sales Global Market

Lithium Nickel Cobalt Manganese Oxide Sales Global Market

Global Lithium Nickel Cobalt Manganese Oxide Sales Market Industry Research Report 2026

Explore detailed insights, trends, growth drivers, key players, and forecasts for the Global Lithium Nickel Cobalt Manganese Oxide Sales Market Industry Research Report 2026 market worldwide.

Pages: 215

Format: PDF

Date: 01-2026

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Global Lithium Nickel Cobalt Manganese Oxide (NMC) Market Report (2026–2036)

Market Overview

Chem Reports projects that the Lithium Nickel Cobalt Manganese Oxide (NMC) Market was valued at USD xxxx in 2025 and is expected to reach USD xxxx by 2036, growing at a CAGR of xx% globally.

The Global NMC Market Report 2025 provides extensive industry analysis of development components, patterns, flows, and sizes. It calculates present and past market values to forecast potential market performance during the forecast period 2026–2036. This research study utilized both primary and secondary data sources, including government policy, market environment, competitive landscape, historical data, current trends, technological innovation, upcoming technologies, and technical progress in related industries.

Impact of COVID-19

The COVID-19 outbreak in December 2019, declared a global public health emergency by the World Health Organization, significantly affected the NMC market in 2020. Supply chain disruptions, reduced industrial activity, and shifts in demand cycles impacted production and consumption patterns worldwide.

Market Segmentation

By Type

  • NMC111
  • NMC532
  • NMC442
  • Others

By Application

  • Notebook
  • Tablet PC
  • Portable Power
  • Electric Tools
  • Electric Bicycles
  • Others

Regional Analysis

  • North America: U.S., Canada, Mexico
  • Europe: Germany, U.K., France, Italy, Russia, Spain, and others
  • Asia-Pacific: China, India, Japan, Southeast Asia, and others
  • South America: Brazil, Argentina, and others
  • Middle East & Africa: Saudi Arabia, South Africa, and others

Key Market Players

  • Umicore
  • NICHIA CORPORATION
  • Tanaka Chemical
  • L&F
  • 3M
  • TODA KOGYO CORP
  • BASF
  • AGC SEIMI CHEMICA
  • Shanshan Advanced Materials
  • Jinhe New Materials
  • CEC
  • Xiamen Tungsten
  • Tianli
  • Easpring Material Technology
  • Kelong NewEnergy
  • Tianjiao Technology
  • Changyuan Lico
  • STL

Global Lithium Nickel Cobalt Manganese Oxide (NMC) Market Intelligence (2026–2036)

Regional Analysis

  • Asia-Pacific: Dominates the market, driven by strong demand for electric vehicles (EVs), portable electronics, and energy storage systems. China leads in production and consumption, supported by government incentives for EV adoption. Japan and South Korea contribute through advanced battery technology innovation.
  • North America: Growth supported by EV adoption in the U.S. and Canada, alongside investments in renewable energy storage. Dependence on imports for raw materials remains a challenge.
  • Europe: Stable growth, with emphasis on sustainability and regulatory compliance. Germany, France, and the U.K. are key hubs for EV battery innovation.
  • South America: Emerging market, with Brazil and Argentina showing potential in portable power and electric bicycle applications. Infrastructure limitations slow adoption.
  • Middle East & Africa: Early-stage market, with potential in renewable energy storage. Limited industrial base and political instability constrain growth.

Porter’s Five Forces

  • Supplier Power: High; raw material supply (nickel, cobalt, manganese) is concentrated among a few global producers.
  • Buyer Power: Moderate to high; EV manufacturers and electronics companies exert strong influence on pricing and demand.
  • Threat of New Entrants: Low; high capital intensity and technical expertise required.
  • Threat of Substitutes: Moderate; alternatives like LFP (Lithium Iron Phosphate) batteries are gaining traction.
  • Industry Rivalry: Intense; global players compete on cost, performance, and sustainability.

SWOT Analysis

Strengths

  • Essential for high-performance lithium-ion batteries.
  • Wide range of applications across EVs, portable electronics, and energy storage.

Weaknesses

  • High dependence on cobalt, which faces supply chain and ethical sourcing challenges.
  • High production costs in developed markets.

Opportunities

  • Rising demand in Asia-Pacific EV and electronics sectors.
  • Innovation in cobalt-free or reduced-cobalt NMC formulations.

Threats

  • Regulatory pressures on mining and material sourcing.
  • Volatility in raw material prices.
  • Competition from alternative chemistries (LFP, solid-state batteries).

Trend Analysis

  • EV Adoption: NMC batteries remain the preferred choice for high-energy density EV applications.
  • Portable Electronics: Continued demand for notebooks, tablets, and portable power devices.
  • Energy Storage Systems: Rising use in renewable energy integration and grid stabilization.
  • Technological Innovation: Development of advanced NMC chemistries (e.g., NMC811) with reduced cobalt content.

Drivers & Challenges

Drivers

  • Growth in global EV adoption.
  • Rising demand for portable electronics and renewable energy storage.
  • Technological advancements in NMC formulations.

Challenges

  • Regulatory compliance on mining and material sourcing.
  • Raw material price volatility.
  • Competition from alternative battery chemistries.

Value Chain Analysis

  1. Raw Material Sourcing: Nickel, cobalt, manganese, and lithium mining concentrated among a few global suppliers.
  2. Processing & Production: Advanced technology required for high-performance NMC cathode materials.
  3. Distribution: Global supply chains, with strong presence in Asia-Pacific exports.
  4. End-Use Applications: EVs, portable electronics, energy storage systems, electric tools, and bicycles.
  5. Sustainability: Emerging focus on cobalt-free and eco-friendly formulations.

Quick Recommendations for Stakeholders

  • Manufacturers: Invest in cobalt-reduced or cobalt-free NMC formulations to meet sustainability and cost demands.
  • Governments: Support local mining and incentivize ethical sourcing practices.
  • Investors: Focus on Asia-Pacific EV growth and companies innovating in advanced NMC chemistries.
  • End-Users (EV & Electronics Producers): Secure long-term supply contracts to mitigate raw material volatility.
  • New Entrants: Target niche applications in portable power and renewable energy storage with differentiated formulations.

 

1. Market Overview of Lithium Nickel Cobalt Manganese Oxide
    1.1 Lithium Nickel Cobalt Manganese Oxide Market Overview
        1.1.1 Lithium Nickel Cobalt Manganese Oxide Product Scope
        1.1.2 Market Status and Outlook
    1.2 Lithium Nickel Cobalt Manganese Oxide Market Size by Regions:
    1.3 Lithium Nickel Cobalt Manganese Oxide Historic Market Size by Regions
    1.4 Lithium Nickel Cobalt Manganese Oxide Forecasted Market Size by Regions
    1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
        1.5.1 North America
        1.5.2 East Asia
        1.5.3 Europe
        1.5.4 South Asia
        1.5.5 Southeast Asia
        1.5.6 Middle East
        1.5.7 Africa
        1.5.8 Oceania
        1.5.9 South America
        1.5.10 Rest of the World
    1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
        1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2025 Projections
        1.6.2 Covid-19 Impact: Commodity Prices Indices
        1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Lithium Nickel Cobalt Manganese Oxide Sales Market by Type
    2.1 Global Lithium Nickel Cobalt Manganese Oxide Historic Market Size by Type
    2.2 Global Lithium Nickel Cobalt Manganese Oxide Forecasted Market Size by Type
    2.3 NMC111
    2.4 NMC532
    2.5 NMC442
    2.6 Others
3. Covid-19 Impact Lithium Nickel Cobalt Manganese Oxide Sales Market by Application
    3.1 Global Lithium Nickel Cobalt Manganese Oxide Historic Market Size by Application
    3.2 Global Lithium Nickel Cobalt Manganese Oxide Forecasted Market Size by Application
    3.3 Notebook
    3.4 Tablet PC
    3.5 Portable power
    3.6 Electric tool
    3.7 Electric bicycle
    3.8 Others
4. Covid-19 Impact Market Competition by Manufacturers
    4.1 Global Lithium Nickel Cobalt Manganese Oxide Production Capacity Market Share by Manufacturers
    4.2 Global Lithium Nickel Cobalt Manganese Oxide Revenue Market Share by Manufacturers
    4.3 Global Lithium Nickel Cobalt Manganese Oxide Average Price by Manufacturers
5. Company Profiles and Key Figures in Lithium Nickel Cobalt Manganese Oxide Business
    5.1 Umicore
        5.1.1 Umicore Company Profile
        5.1.2 Umicore Lithium Nickel Cobalt Manganese Oxide Product Specification
        5.1.3 Umicore Lithium Nickel Cobalt Manganese Oxide Production Capacity, Revenue, Price and Gross Margin
    5.2 NICHIA CORPORATION
        5.2.1 NICHIA CORPORATION Company Profile
        5.2.2 NICHIA CORPORATION Lithium Nickel Cobalt Manganese Oxide Product Specification
        5.2.3 NICHIA CORPORATION Lithium Nickel Cobalt Manganese Oxide Production Capacity, Revenue, Price and Gross Margin
    5.3 Tanaka Chemical
        5.3.1 Tanaka Chemical Company Profile
        5.3.2 Tanaka Chemical Lithium Nickel Cobalt Manganese Oxide Product Specification
        5.3.3 Tanaka Chemical Lithium Nickel Cobalt Manganese Oxide Production Capacity, Revenue, Price and Gross Margin
    5.4 L&F
        5.4.1 L&F Company Profile
        5.4.2 L&F Lithium Nickel Cobalt Manganese Oxide Product Specification
        5.4.3 L&F Lithium Nickel Cobalt Manganese Oxide Production Capacity, Revenue, Price and Gross Margin
    5.5 3M
        5.5.1 3M Company Profile
        5.5.2 3M Lithium Nickel Cobalt Manganese Oxide Product Specification
        5.5.3 3M Lithium Nickel Cobalt Manganese Oxide Production Capacity, Revenue, Price and Gross Margin
    5.6 TODA KOGYO CORP
        5.6.1 TODA KOGYO CORP Company Profile
        5.6.2 TODA KOGYO CORP Lithium Nickel Cobalt Manganese Oxide Product Specification
        5.6.3 TODA KOGYO CORP Lithium Nickel Cobalt Manganese Oxide Production Capacity, Revenue, Price and Gross Margin
    5.7 BASF
        5.7.1 BASF Company Profile
        5.7.2 BASF Lithium Nickel Cobalt Manganese Oxide Product Specification
        5.7.3 BASF Lithium Nickel Cobalt Manganese Oxide Production Capacity, Revenue, Price and Gross Margin
    5.8 AGC SEIMI CHEMICA
        5.8.1 AGC SEIMI CHEMICA Company Profile
        5.8.2 AGC SEIMI CHEMICA Lithium Nickel Cobalt Manganese Oxide Product Specification
        5.8.3 AGC SEIMI CHEMICA Lithium Nickel Cobalt Manganese Oxide Production Capacity, Revenue, Price and Gross Margin
    5.9 Shanshan Advanced Materials
        5.9.1 Shanshan Advanced Materials Company Profile
        5.9.2 Shanshan Advanced Materials Lithium Nickel Cobalt Manganese Oxide Product Specification
        5.9.3 Shanshan Advanced Materials Lithium Nickel Cobalt Manganese Oxide Production Capacity, Revenue, Price and Gross Margin
    5.10 Jinhe New materials
        5.10.1 Jinhe New materials Company Profile
        5.10.2 Jinhe New materials Lithium Nickel Cobalt Manganese Oxide Product Specification
        5.10.3 Jinhe New materials Lithium Nickel Cobalt Manganese Oxide Production Capacity, Revenue, Price and Gross Margin
    5.11 CEC
        5.11.1 CEC Company Profile
        5.11.2 CEC Lithium Nickel Cobalt Manganese Oxide Product Specification
        5.11.3 CEC Lithium Nickel Cobalt Manganese Oxide Production Capacity, Revenue, Price and Gross Margin
    5.12 Xiamen Tungsten
        5.12.1 Xiamen Tungsten Company Profile
        5.12.2 Xiamen Tungsten Lithium Nickel Cobalt Manganese Oxide Product Specification
        5.12.3 Xiamen Tungsten Lithium Nickel Cobalt Manganese Oxide Production Capacity, Revenue, Price and Gross Margin
    5.13 Tianli
        5.13.1 Tianli Company Profile
        5.13.2 Tianli Lithium Nickel Cobalt Manganese Oxide Product Specification
        5.13.3 Tianli Lithium Nickel Cobalt Manganese Oxide Production Capacity, Revenue, Price and Gross Margin
    5.14 Easpring Material Technology
        5.14.1 Easpring Material Technology Company Profile
        5.14.2 Easpring Material Technology Lithium Nickel Cobalt Manganese Oxide Product Specification
        5.14.3 Easpring Material Technology Lithium Nickel Cobalt Manganese Oxide Production Capacity, Revenue, Price and Gross Margin
    5.15 Kelong NewEnergy
        5.15.1 Kelong NewEnergy Company Profile
        5.15.2 Kelong NewEnergy Lithium Nickel Cobalt Manganese Oxide Product Specification
        5.15.3 Kelong NewEnergy Lithium Nickel Cobalt Manganese Oxide Production Capacity, Revenue, Price and Gross Margin
    5.16 Tianjiao Technology
        5.16.1 Tianjiao Technology Company Profile
        5.16.2 Tianjiao Technology Lithium Nickel Cobalt Manganese Oxide Product Specification
        5.16.3 Tianjiao Technology Lithium Nickel Cobalt Manganese Oxide Production Capacity, Revenue, Price and Gross Margin
    5.17 Changyuan Lico
        5.17.1 Changyuan Lico Company Profile
        5.17.2 Changyuan Lico Lithium Nickel Cobalt Manganese Oxide Product Specification
        5.17.3 Changyuan Lico Lithium Nickel Cobalt Manganese Oxide Production Capacity, Revenue, Price and Gross Margin
    5.18 STL
        5.18.1 STL Company Profile
        5.18.2 STL Lithium Nickel Cobalt Manganese Oxide Product Specification
        5.18.3 STL Lithium Nickel Cobalt Manganese Oxide Production Capacity, Revenue, Price and Gross Margin
6. North America
    6.1 North America Lithium Nickel Cobalt Manganese Oxide Market Size
    6.2 North America Lithium Nickel Cobalt Manganese Oxide Key Players in North America
    6.3 North America Lithium Nickel Cobalt Manganese Oxide Market Size by Type
    6.4 North America Lithium Nickel Cobalt Manganese Oxide Market Size by Application
7. East Asia
    7.1 East Asia Lithium Nickel Cobalt Manganese Oxide Market Size
    7.2 East Asia Lithium Nickel Cobalt Manganese Oxide Key Players in North America
    7.3 East Asia Lithium Nickel Cobalt Manganese Oxide Market Size by Type
    7.4 East Asia Lithium Nickel Cobalt Manganese Oxide Market Size by Application
8. Europe
    8.1 Europe Lithium Nickel Cobalt Manganese Oxide Market Size
    8.2 Europe Lithium Nickel Cobalt Manganese Oxide Key Players in North America
    8.3 Europe Lithium Nickel Cobalt Manganese Oxide Market Size by Type
    8.4 Europe Lithium Nickel Cobalt Manganese Oxide Market Size by Application
9. South Asia
    9.1 South Asia Lithium Nickel Cobalt Manganese Oxide Market Size
    9.2 South Asia Lithium Nickel Cobalt Manganese Oxide Key Players in North America
    9.3 South Asia Lithium Nickel Cobalt Manganese Oxide Market Size by Type
    9.4 South Asia Lithium Nickel Cobalt Manganese Oxide Market Size by Application
10. Southeast Asia
    10.1 Southeast Asia Lithium Nickel Cobalt Manganese Oxide Market Size
    10.2 Southeast Asia Lithium Nickel Cobalt Manganese Oxide Key Players in North America
    10.3 Southeast Asia Lithium Nickel Cobalt Manganese Oxide Market Size by Type
    10.4 Southeast Asia Lithium Nickel Cobalt Manganese Oxide Market Size by Application
11. Middle East
    11.1 Middle East Lithium Nickel Cobalt Manganese Oxide Market Size
    11.2 Middle East Lithium Nickel Cobalt Manganese Oxide Key Players in North America
    11.3 Middle East Lithium Nickel Cobalt Manganese Oxide Market Size by Type
    11.4 Middle East Lithium Nickel Cobalt Manganese Oxide Market Size by Application
12. Africa
    12.1 Africa Lithium Nickel Cobalt Manganese Oxide Market Size
    12.2 Africa Lithium Nickel Cobalt Manganese Oxide Key Players in North America
    12.3 Africa Lithium Nickel Cobalt Manganese Oxide Market Size by Type
    12.4 Africa Lithium Nickel Cobalt Manganese Oxide Market Size by Application
13. Oceania
    13.1 Oceania Lithium Nickel Cobalt Manganese Oxide Market Size
    13.2 Oceania Lithium Nickel Cobalt Manganese Oxide Key Players in North America
    13.3 Oceania Lithium Nickel Cobalt Manganese Oxide Market Size by Type
    13.4 Oceania Lithium Nickel Cobalt Manganese Oxide Market Size by Application
14. South America
    14.1 South America Lithium Nickel Cobalt Manganese Oxide Market Size
    14.2 South America Lithium Nickel Cobalt Manganese Oxide Key Players in North America
    14.3 South America Lithium Nickel Cobalt Manganese Oxide Market Size by Type
    14.4 South America Lithium Nickel Cobalt Manganese Oxide Market Size by Application
15. Rest of the World
    15.1 Rest of the World Lithium Nickel Cobalt Manganese Oxide Market Size
    15.2 Rest of the World Lithium Nickel Cobalt Manganese Oxide Key Players in North America
    15.3 Rest of the World Lithium Nickel Cobalt Manganese Oxide Market Size by Type
    15.4 Rest of the World Lithium Nickel Cobalt Manganese Oxide Market Size by Application
16 Lithium Nickel Cobalt Manganese Oxide Market Dynamics
    16.1 Covid-19 Impact Market Top Trends
    16.2 Covid-19 Impact Market Drivers
    16.3 Covid-19 Impact Market Challenges
    16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
    18.1 Research Methodology
        18.1.1 Methodology/Research Approach
        18.1.2 Data Source
    18.2 Disclaimer

Market Segmentation

By Type

  • NMC111
  • NMC532
  • NMC442
  • Others

By Application

  • Notebook
  • Tablet PC
  • Portable Power
  • Electric Tools
  • Electric Bicycles
  • Others

Regional Analysis

  • North America: U.S., Canada, Mexico
  • Europe: Germany, U.K., France, Italy, Russia, Spain, and others
  • Asia-Pacific: China, India, Japan, Southeast Asia, and others
  • South America: Brazil, Argentina, and others
  • Middle East & Africa: Saudi Arabia, South Africa, and others

Key Market Players

  • Umicore
  • NICHIA CORPORATION
  • Tanaka Chemical
  • L&F
  • 3M
  • TODA KOGYO CORP
  • BASF
  • AGC SEIMI CHEMICA
  • Shanshan Advanced Materials
  • Jinhe New Materials
  • CEC
  • Xiamen Tungsten
  • Tianli
  • Easpring Material Technology
  • Kelong NewEnergy
  • Tianjiao Technology
  • Changyuan Lico
  • STL

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