Dual Carbon Battery Market

Dual Carbon Battery Market by Application (Portable Batteries, Industrial Batteries, Automotive Batteries, and Others), End-users (Energy Storage, Automotive, Consumer Electronics, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa)–Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021–2028

  • Report ID: ICT-SE-1734
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 174
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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 Battery Market key Takeaways

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 the 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

Details

Report Title

Dual Carbon Battery Market–Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018-2019

Forecast Period

2021-2028

Segmentation

Application (Portable Batteries, Industrial Batteries, Automotive Batteries, and Others), End-users (Energy Storage, Automotive, Consumer Electronics, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

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

Key Players covered in the Report

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.

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.

Dual Carbon Battery Market  by applications

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.

Dual Carbon Battery Market by End Users

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

Segments Covered in the Report
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.

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. 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.

Segments Covered in the Report
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.

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.

Dual Carbon Battery Market by Key Players

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