Report Description
The dual carbon battery market size is anticipated to expand at significant CAGR during forecast period 2021–2028. Growth of the market is attributed to rapid urbanization, increasing use of dual carbon battery in the electronic & defense sector, and increasing demand for dual carbon battery in healthcare sector.
Dual carbon batteries are also known as dual-graphite contains both cathode & anode ions which are made up of carbon. The dual graphite batteries are 100% recyclable & eco-friendly and have, cheap manufacturing cost compared to other batteries, and fast charging capability. The risks that appear in electric cars such as thermal runway & extensive cooling systems, the dual carbon batteries avoid it and operate at room temperature.

The Covid-19 pandemic affected the demand and supply of dual carbon battery market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing use of dual carbon battery in smart home appliances is projected to boost the market.
- Rising need to reduce imported oil & emission is the major factor fueling the market.
- Lack of awareness about the dual carbon battery is projected to restrict the market expansion during the forecast period.
- High price of batteries is anticipated to hamper the market growth.
- R&D investment and technological advancement in dual carbon battery market is projected to offer lucrative opportunities for the market players
Scope of Dual Carbon Battery Market Report
The report on the 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
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Details
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Report Title
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Dual Carbon Battery Market–Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018-2019
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Forecast Period
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2021-2028
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Segmentation
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Application (Portable Batteries, Industrial Batteries, Automotive Batteries, and Others), End-users (Energy Storage, Automotive, Consumer Electronics, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players covered in the Report
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Poly Plus Battery Co; Wealth Minerals Ltd.; Mullen Technologies, Inc.; Tesla, Inc.; International Battery Metals Ltd.; Lundin Mining Corp.; Trevali Mining Corp.; Panasonic Corp.; Samsung SDI Co., Ltd.; LG Chem Ltd.; and PJP Eye LTD.
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Dual Carbon Battery Market Segment Insights
The automotive batteries segment accounts for key share of the market
Based on applications, the dual carbon battery market is categorized into portable batteries, industrial batteries, automotive batteries, and others. The automotive batteries segment accounts for a key share of the market. Growth of the market is attributed to rising industrialization and increasing technological advancement. However, the industrial batteries segment is anticipated to expand at a rapid pace during the forecast period due to rapid expansion in development & research, wide range of applications in marine industry, and increasing per capita income.

The automotive segment is anticipated to hold significant market share
On the basis of end-users, the market is fragmented into energy storage, automotive, consumer electronics, and others. The automotive segment accounts for a significant share of the market. Growth of the market is attributed to increasing demand for electronic cars and improvement in production methods. The consumer electronics segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increasing use of sophisticated industrial applications such as robots & drones, low storage capacities of batteries, and rising population.

Asia Pacific is estimated to hold a major market share
On the basis of region, the dual carbon battery is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of North America is estimated to expand at a high CAGR during the forecast period due to increasing price of lithium-ion batteries and rising applications of dual carbon batteries in energy storage sector. The market of Asia Pacific is estimated to hold a major market share due to increasing the application of dual carbon battery in automotive sector, growing demand for small, thin, and high performing battery, and increasing number of electronic applications.
Segments
The dual carbon battery market has been segmented on the basis of
Applications
- Portable Batteries
- Industrial Batteries
- Automotive Batteries
- Others
End-users
- Beauty & Homecare
- Food & Beverage
- Consumer Electronics
- Pharmaceutical
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Poly Plus Battery Co
- Wealth Minerals Ltd.
- Mullen Technologies, Inc.
- Tesla, Inc.
- International Battery Metals Ltd.
- Lundin Mining Corp.
- Trevali Mining Corp.
- Panasonic Corp.
- Samsung SDI Co., Ltd.
- LG Chem Ltd.
- PJP Eye LTD.
Competitive Landscape
Key players competing in the dual carbon battery market include Poly Plus Battery Co; Wealth Minerals Ltd.; Mullen Technologies, Inc.; Tesla, Inc.; International Battery Metals Ltd.; Lundin Mining Corp.; Trevali Mining Corp.; Panasonic Corp.; Samsung SDI Co., Ltd.; LG Chem Ltd.; and PJP Eye LTD.
Some of these players are using several market strategies such as collaborations, acquisitions, partnerships, merger, product launches, and capacity expansion to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.

Table Of Content
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. Portable Batteries
5.3.2.
Industrial Batteries
5.3.3.
Automotive Batteries
5.3.4.
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 End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Dual Carbon Battery Market Size and Volume Forecast by End Users
6.3.1. Beauty & Homecare
6.3.2.
Food & Beverage
6.3.3.
Consumer Electronics
6.3.4.
Pharmaceutical
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Dual Carbon Battery Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Dual Carbon Battery Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Dual Carbon Battery Demand Share Forecast, 2019-2026
8. North 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
8.2. North America Dual Carbon Battery Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Dual Carbon Battery Market Size and Volume Forecast by Applications
8.4.1. Portable Batteries
8.4.2.
Industrial Batteries
8.4.3.
Automotive Batteries
8.4.4.
Others
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. North America Dual Carbon Battery Market Size and Volume Forecast by End Users
8.7.1. Beauty & Homecare
8.7.2.
Food & Beverage
8.7.3.
Consumer Electronics
8.7.4.
Pharmaceutical
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Dual Carbon Battery Demand Share Forecast, 2019-2026
9. Latin America 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. Latin America Average Pricing Analysis
9.2. Latin America Dual Carbon Battery Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Dual Carbon Battery Market Size and Volume Forecast by Applications
9.4.1. Portable Batteries
9.4.2.
Industrial Batteries
9.4.3.
Automotive Batteries
9.4.4.
Others
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Latin America Dual Carbon Battery Market Size and Volume Forecast by End Users
9.7.1. Beauty & Homecare
9.7.2.
Food & Beverage
9.7.3.
Consumer Electronics
9.7.4.
Pharmaceutical
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Dual Carbon Battery Demand Share Forecast, 2019-2026
10. Europe 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. Europe Average Pricing Analysis
10.2. Europe Dual Carbon Battery Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Dual Carbon Battery Market Size and Volume Forecast by Applications
10.4.1. Portable Batteries
10.4.2.
Industrial Batteries
10.4.3.
Automotive Batteries
10.4.4.
Others
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Europe Dual Carbon Battery Market Size and Volume Forecast by End Users
10.7.1. Beauty & Homecare
10.7.2.
Food & Beverage
10.7.3.
Consumer Electronics
10.7.4.
Pharmaceutical
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Dual Carbon Battery Demand Share Forecast, 2019-2026
11. Asia Pacific 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. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Dual Carbon Battery Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Dual Carbon Battery Market Size and Volume Forecast by Applications
11.4.1. Portable Batteries
11.4.2.
Industrial Batteries
11.4.3.
Automotive Batteries
11.4.4.
Others
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Asia Pacific Dual Carbon Battery Market Size and Volume Forecast by End Users
11.7.1. Beauty & Homecare
11.7.2.
Food & Beverage
11.7.3.
Consumer Electronics
11.7.4.
Pharmaceutical
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Dual Carbon Battery Demand Share Forecast, 2019-2026
12. Middle East & Africa Dual Carbon Battery Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Dual Carbon Battery Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Dual Carbon Battery Market Size and Volume Forecast by Applications
12.4.1. Portable Batteries
12.4.2.
Industrial Batteries
12.4.3.
Automotive Batteries
12.4.4.
Others
12.5. Basis Point Share (BPS) Analysis by Applications
12.6. Y-o-Y Growth Projections by Applications
12.7. Middle East & Africa Dual Carbon Battery Market Size and Volume Forecast by End Users
12.7.1. Beauty & Homecare
12.7.2.
Food & Beverage
12.7.3.
Consumer Electronics
12.7.4.
Pharmaceutical
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Dual Carbon Battery Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Dual Carbon Battery Market: Market Share Analysis
13.2. Dual Carbon Battery Distributors and Customers
13.3. Dual Carbon Battery Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Poly Plus Battery Co
13.4.2.
Wealth Minerals Ltd.
13.4.3.
Mullen Technologies, Inc.
13.4.4.
Tesla, Inc.
13.4.5.
International Battery Metals Ltd.
13.4.6.
Lundin Mining Corp.
13.4.7.
Trevali Mining Corp.