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Cobalt Free Cathode Market - Top Companies and Manufacturers

  • Report ID: 4066
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Companies Dominating the Cobalt Free Cathode Landscape

    • Targray Technology International Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Texpower EV Technologies, Inc.
    • Metso Outotec Corporation
    • Nichia Corporation
    • SVOLT Energy Technology Co., Ltd.
    • Lithium Australia NL
    • German Raw Materials Agency (DERA)
    • Morrow Batteries GmbH
    • Umicore
    • TÜV Nord Group
Browse Key Market Insights with Data Illustration:

In the News

  • SVOLT Energy Technology Co., Ltd announced the onset of mass production of the cobalt-free cathode material for its NMX battery cells in Jintan, China.

  • Texpower EV Technologies, Inc.’s Cobalt-Free Battery received a special mention in the WIRE journal, as an environmental and human rights-friendly alternative to traditional lithium-ion batteries.


Author Credits:  Rajrani Baghel


  • Report ID: 4066
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of cobalt free cathode is estimated at USD 11.02 million.

The cobalt free cathode market size was valued at USD 8.47 million in 2024 and is set to exceed USD 69.69 million by 2037, expanding at over 17.6% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for cobalt free batteries and growing sales of electric vehicles will boost the market growth.

Asia Pacific industry is expected to hold largest revenue share by 2037, led by presence of major automobile manufacturers in the region.

The major players in the market are Targray Technology International Inc., Texpower EV Technologies, Inc., Metso Outotec Corporation, Nichia Corporation, SVOLT Energy Technology Co., Ltd., Lithium Australia NL, German Raw Materials Agency (DERA), Morrow Batteries GmbH, Umicore, TÜV Nord Group
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