Asia Pacific Dual Carbon Battery Market

Asia Pacific Dual Carbon Battery Market by Applications (Automotive, Industrial, Portable, and Others) and Geography (China, India, Japan, and Rest of Asia Pacific) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-1725
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 110
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The Asia Pacific dual carbon battery market size is estimated to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the high charging capability and inexpensive manufacturing cost of dual carbon battery. Moreover, its environment friendly nature is driving the growth of the market.

Asia Pacific Dual Carbon Battery Market Key Takeaways

Dual carbon batteries are also called as dual-graphite. Graphite with the precise grain size is obtained by pyrolyzing cotton. These batteries consist of both anode and cathode made up of carbon. Dual carbon batteries are energy storage batteries that use a form of carbon for both anode and cathode. These batteries are 100% recyclable and are produced with organically grown cotton. The cell in the duel carbon batteries uses one or more lithium salts in an aprotic organic solvent. These batteries can charge upto 20 times more rapidly than lithium-ion batteries. The charging can make electric vehicles more convenient for daily usage.

The dual carbon battery can fully discharge without the risk of short-circuiting as well as damaging the battery. Dual carbon batteries usually operate at over four volts. The electrodes in the dual carbon batteries are made from cotton to control the crystal size effectively. The battery can work without heating at room temperature, avoiding the cooling system widely used in current electric vehicles and the corresponding risk of thermal runaway.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising per capita income has impelled the purchasing power of people, which in turn, has increased demand for electric vehicles, positively impacting the dual carbon battery market growth.
  • Increasing technological innovation and cost reduction in the production of plug-in electric vehicles are expected to propel the market expansion during the forecast period.
  • Growing consumer demand for different cars models, rapid growth of charging infrastructure, and economical developments are expected to push the market expansion in the coming years.
  • Rising usage of electric vehicles (EV) to reduce air pollution, which results from fuel combustion and limit the noise pollution is anticipated to boost the market expansion.
  • The COVID-19 outbreak disrupted the supply chain, hampering the growth of the market. However, the relaxation in restriction in the manufacturing facilities is expected to help the market recover soon.
  • Rising graphite carbon prices and growing competition from other battery technologies can hinder the market growth during the forecast period.
  • Ongoing technological advancements in electric vehicles (EV) can create significant opportunities for the market growth in the coming years.

Scope of the Report

The report on the Asia Pacific dual carbon battery market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Dual Carbon Battery Market - Asia Pacific Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Applications (Automotive, Industrial, Portable, and Others)

Geographical Scope

China, India, Japan, and Rest of Asia Pacific

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

PJP Eye LTD.

Asia Pacific Dual Carbon Battery Market Segment Insights

Automotive segment to grow at a significant pace

On the basis of applications, the market is segmented into automotive, industrial, portable, and others. The automotive segment is expected to grow at a robust pace during the forecast period due to increasing demand for high-end batteries from electric vehicle manufacturers. Increasing demand for power saving batteries such as dual carbon batteries and zinc carbon batteries is driving the growth of the market segment. The automotive industry is anticipated to introduce 127 models of electric batteries in the coming next five years. Electric vehicle manufacturers are signing contracts or dealing with battery manufacturers, which is anticipated to drive the segment growth.

Asia Pacific Dual Carbon Battery Market By Applications

China is anticipated to dominate the market

On the basis of geography, the Asia Pacific dual carbon battery market is categorized as China, India, Japan, and Rest of Asia Pacific. China is anticipated to dominate the market during the forecast period. China is one of the prominent electric vehicle market. The Government of China is planning to simplify restriction on the automotive industry. China remained major electric car market in 2020. It sold about 1.0 million electric cars in 2018 with 2.3 million units.

Segments

Segments Covered in the Report
The Asia Pacific dual carbon battery market has been segmented on the basis of

Applications
  • Automotive
  • Industrial
  • Portable
  • Others
Geography
  • China
  • India
  • Japan
  • Rest of Asia Pacific
Key Players
  • PJP Eye LTD.

Competitive Landscape

Key players competing in the Asia Pacific dual carbon battery market include PJP Eye LTD.

Asia Pacific Dual Carbon Battery Market By Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Dual Carbon Battery Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Dual Carbon Battery Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Dual Carbon Battery Market - Supply Chain
  4.5. Global Dual Carbon Battery Market Forecast
     4.5.1. Dual Carbon Battery Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Dual Carbon Battery Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Dual Carbon Battery Market Absolute $ Opportunity
5. Global Dual Carbon Battery Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Dual Carbon Battery Market Size and Volume Forecast by Applications
     5.3.1. Automotive Industrial Portable Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Dual Carbon Battery Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Dual Carbon Battery Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Dual Carbon Battery Demand Share Forecast, 2019-2026
7. North America Dual Carbon Battery Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Dual Carbon Battery Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Dual Carbon Battery Market Size and Volume Forecast by Applications
     7.4.1. Automotive Industrial Portable Others
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Dual Carbon Battery Demand Share Forecast, 2019-2026
8. Latin America Dual Carbon Battery Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Dual Carbon Battery Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Dual Carbon Battery Market Size and Volume Forecast by Applications
     8.4.1. Automotive Industrial Portable Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Dual Carbon Battery Demand Share Forecast, 2019-2026
9. Europe Dual Carbon Battery Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Dual Carbon Battery Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Dual Carbon Battery Market Size and Volume Forecast by Applications
     9.4.1. Automotive Industrial Portable Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Dual Carbon Battery Demand Share Forecast, 2019-2026
10. Asia Pacific Dual Carbon Battery Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Dual Carbon Battery Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Dual Carbon Battery Market Size and Volume Forecast by Applications
     10.4.1. Automotive Industrial Portable Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Dual Carbon Battery Demand Share Forecast, 2019-2026
11. Middle East & Africa Dual Carbon Battery Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Dual Carbon Battery Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Dual Carbon Battery Market Size and Volume Forecast by Applications
     11.4.1. Automotive Industrial Portable Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Dual Carbon Battery Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Dual Carbon Battery Market: Market Share Analysis
  12.2. Dual Carbon Battery Distributors and Customers
  12.3. Dual Carbon Battery Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. PJP Eye LTD.
Segments Covered in the Report
The Asia Pacific dual carbon battery market has been segmented on the basis of

Applications
  • Automotive
  • Industrial
  • Portable
  • Others
Geography
  • China
  • India
  • Japan
  • Rest of Asia Pacific
Key Players
  • PJP Eye LTD.

Key players competing in the Asia Pacific dual carbon battery market include PJP Eye LTD.

Asia Pacific Dual Carbon Battery Market By Key Players

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