RoMEA Lithium-Ion Battery Market to 2032

Overview

The RoMEA Lithium-Ion Battery Market is expected to reach a 21.25 USD Billion by 2032 and is projected to grow at a CAGR of 17.41% from 2025 to 2032.

Revenue, 2024 (USD Billion)
7.62
Forecast, 2032 (USD Billion)
21.25
CAGR, 2024 - 2032
17.41%
Report Coverage
RoMEA

RoMEA Lithium-Ion Battery Market 2018-2032 USD Billion

RoMEA Lithium-Ion Battery Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 7.62 USD Billion
  • Projected Market Size (2032): 21.25 USD Billion
  • CAGR (2025-2032): 17.41%

Key Findings of RoMEA Lithium-Ion Battery Market

  • The RoMEA Lithium-Ion Battery Market was valued at 7.62 USD Billion in 2024.
  • The RoMEA Lithium-Ion Battery Market is likely to grow at a CAGR of 17.41% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Active Material in Component Segment accounted for the largest share of the market with a revenue of 4.78 USD Billion
  • The fastest growing segment Lithium-Nickel Manganese Cobalt (Li-NMC) in Chemistry Segment grew Fastest with a CAGR of 19.88% during the forecast period from 2024 to 2032.

RoMEA Lithium-Ion Battery Market Scope

RoMEA Lithium-Ion Battery Market Segmentation & Scope
Component
  • Non-Active Material
  • Active Material
Chemistry
  • Lithium-Titanate Oxide (LTO)
  • Lithium-Nickel Cobalt Aluminum Oxide (NCA)
  • Lithium-Iron Phosphate (LFP)
  • Lithium-Manganese Oxide (LMO)
  • Lithium Cobalt Oxide (LCO)
  • Lithium-Nickel Manganese Cobalt (Li-NMC)
Recycling Process
  • Physical/ Mechanical Process
  • Pyrometallurgy Process
  • Hydrometallurgical Process

RoMEA Lithium-Ion Battery Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Billion
Market Value in 2024 7.62 USD Billion
Market Value in 2032 21.25 USD Billion
CAGR (2025-2032) 17.41%
Historic Data 2016-2023
Market Segments Covered Component,Chemistry,Recycling Process

Regional Insights:

  • Leading Market (2024-2032): RoMEA, leading in terms of revenue 7.62 USD Billion in 2024
    • Key Country: RoMEA, leading in terms of revenue with value of 7.62 USD Billion in 2024.

Segments and Scope

  • RoMEA Lithium-Ion Battery Market to 2032, By Component
    • Active Material is the largest segment in RoMEA Lithium-Ion Battery Market to 2032 with a revenue of 4.78 USD Billion in the year 2024.
    • Active Material is the Fastest growing segment in RoMEA Lithium-Ion Battery Market to 2032 with a Growth rate of 18.60 % in forecast period 2025-2032.
  • RoMEA Lithium-Ion Battery Market to 2032, By Chemistry
    • Lithium-Nickel Manganese Cobalt (Li-NMC) is the largest segment in RoMEA Lithium-Ion Battery Market to 2032 with a revenue of 3.05 USD Billion in the year 2024.
    • Lithium-Nickel Manganese Cobalt (Li-NMC) is the Fastest growing segment in RoMEA Lithium-Ion Battery Market to 2032 with a Growth rate of 19.88 % in forecast period 2025-2032.
  • RoMEA Lithium-Ion Battery Market to 2032, By Recycling Process
    • Hydrometallurgical Process is the largest segment in RoMEA Lithium-Ion Battery Market to 2032 with a revenue of 3.69 USD Billion in the year 2024.
    • Hydrometallurgical Process is the Fastest growing segment in RoMEA Lithium-Ion Battery Market to 2032 with a Growth rate of 18.38 % in forecast period 2025-2032.

RoMEA Lithium-Ion Battery Market Company Share Analysis

 
Company Name Company Share Analysis
Panasonic Corporation
LG Chem.
Saft
Contemporary Amperex Technology Co., Limited
Lithium Energy Japan
RoMEA Lithium-Ion Battery Market Company Share Analysis

RoMEA Lithium-Ion Battery Market Geographical Sales Distribution, 2018-2032 USD Billion

RoMEA Lithium-Ion Battery Market Geographical Sales Distribution, 2018-2032 USD Billion

RoMEA Lithium-Ion Battery Market Company Profiling

RoMEA Lithium-Ion Battery Market Company Profiling
Frequently Asked Questions
The RoMEA Lithium-Ion Battery Market is segmented based on Segmentation Component,Chemistry,Recycling Process.
RoMEA Lithium-Ion Battery Market was valued at USD 7.62(Revenue in USD Billion) in 2021.
RoMEA Lithium-Ion Battery Market is projected to grow at a CAGR of 17.41% during the forecast period of 2024 to 2032.
The Active Material segment is expected to dominate the RoMEA Lithium-Ion Battery Market, holding a largest market share of 4.78 USD Billion in 2024

RoMEA Lithium-Ion Battery Market Scope

RoMEA Lithium-Ion Battery Market Segmentation & Scope
Component
  • Non-Active Material
  • Active Material
Chemistry
  • Lithium-Titanate Oxide (LTO)
  • Lithium-Nickel Cobalt Aluminum Oxide (NCA)
  • Lithium-Iron Phosphate (LFP)
  • Lithium-Manganese Oxide (LMO)
  • Lithium Cobalt Oxide (LCO)
  • Lithium-Nickel Manganese Cobalt (Li-NMC)
Recycling Process
  • Physical/ Mechanical Process
  • Pyrometallurgy Process
  • Hydrometallurgical Process
Frequently Asked Questions
The RoMEA Lithium-Ion Battery Market is segmented based on Segmentation Component,Chemistry,Recycling Process.
RoMEA Lithium-Ion Battery Market was valued at USD 7.62(Revenue in USD Billion) in 2021.
RoMEA Lithium-Ion Battery Market is projected to grow at a CAGR of 17.41% during the forecast period of 2024 to 2032.
The estimated market value of the RoMEA Lithium-Ion Battery Market for final year is USD 21.25 (USD Billion).

RoMEA Lithium-Ion Battery Market Company Profiling

RoMEA Lithium-Ion Battery Market Company Profiling
Frequently Asked Questions
The RoMEA Lithium-Ion Battery Market is segmented based on Segmentation Component,Chemistry,Recycling Process.
RoMEA Lithium-Ion Battery Market was valued at USD 7.62(Revenue in USD Billion) in 2021.
RoMEA Lithium-Ion Battery Market is projected to grow at a CAGR of 17.41% during the forecast period of 2024 to 2032.
The estimated market value of the RoMEA Lithium-Ion Battery Market for final year is USD 21.25 (USD Billion).

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