South and Central America Battery Metals Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Lithium, Nickel, Cobalt, and Others), Application (Electric Vehicles, Consumer Electronics, Energy Storage Systems, and Others).
South and Central America battery metals market in South and Central America is expected to grow from US$ 250.7 million in 2021 to US$ 509.0 million by 2028; it is estimated to grow at a CAGR of 10.6% from 2021 to 2028.
Many electric vehicles and battery manufacturers have taken the initiative to establish recycling programs. Recycling metals from end-of-life batteries helps in reducing primary demand for battery metals, including cobalt, lithium, nickel, and manganese. In addition, creating a circular supply chain by recycling the raw materials of batteries will help in reducing their environmental impact. Many automakers are focusing on achieving a closed-loop process for recovering raw materials from lithium-ion batteries. Hence, the growing focus on battery recycling would emerge as a key trend in the battery metals market during the forecast period.Brazil has been ranked to be the third-most affected economy due to the COVID-19 pandemic globally. The governments in South and Central America have taken an array of actions to protect their citizens and combat the spread of the COVID-19 virus through lockdowns, trade bans, and travel restrictions. The Covid-19 pandemic has disrupted economic activity and markets in the region. This may have an impact on the growth of the battery metals market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South and Central America battery metals market. The South and Central America battery metals market is expected to grow at a good CAGR during the forecast period.
South and Central America Battery Metals Market Revenue and Forecast to 2028(US$ Million)
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South and Central America Battery Metals Market Segmentation
By Type
- South and Central America Battery Metals Market, by Type
- Lithium
- Nickel
- Cobalt
By End User
- Electric Vehicles
- Consumer Electronics
- Energy Storage System
- Others
By Country
- South and Central America
- Brazil
- Argentina
- Rest of South and Central America
Companies Mentioned -
- Albemarle Corporation
- Ganfeng Lithium Co., Ltd.
- Umicore
- LG Chem
- Vale
- BASF SE
- Metso Outotec
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
1.2.1 South and Central America Battery Metals Market, by Type
1.2.2 South and Central America Battery Metals Market, by Application
1.2.3 South and Central America Battery Metals Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.1.1 South and Central America Battery Metals Market, by Type and Application
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. South and Central America Battery Metals Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers:
4.2.2 Bargaining Power of Buyers:
4.2.3 Threat of New Entrants:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. South and Central America Battery Metals Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Demand for Electrical Vehicles/Hybrid Electric Vehicles/Plug-in Hybrid Vehicles
5.1.2 Growing Demand for Battery Metals from Consumer Electronics Industry
5.2 Market Restraints
5.2.1 Volatility in the Raw Material Prices of Battery Metals
5.3 Market Opportunities
5.3.1 Rapid Growth in Renewable Energy Sector
5.4 Future Trends
5.4.1 Growing Focus on Battery Recycling
5.5 Impact Analysis
6. South and Central America Battery Metals – Country Market Analysis
6.1 South and Central America Battery Metals Market Overview
6.2 South and Central America Battery Metals Market –Revenue and Forecast to 2028 (US$ Mn)
7. South and Central America Battery Metals Market Analysis – By Type
7.1 Overview
7.2 South and Central America Battery Metals Market, By Type(2020 and 2028)
7.3 Lithium
7.3.1 Overview
7.3.2 Lithium: South and Central America Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)
7.4 Nickel
7.4.1 Overview
7.4.2 Nickel: South and Central America Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)
7.5 Cobalt:
7.5.1 Overview
7.5.2 Cobalt: South and Central America Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)
7.6 Others:
7.6.1 Overview
7.6.2 Others: South and Central America Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)
8. South and Central America Battery Metals Market Analysis – By Application
8.1 Overview
8.2 South and Central America Battery Metals Market, By Application (2020 and 2028)
8.3 Electric Vehicles
8.3.1 Overview
8.3.2 Electric Vehicles: South and Central America Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Consumer Electronics
8.4.1 Overview
8.4.2 Consumer Electronics: South and Central America Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)
8.5 Energy Storage System
8.5.1 Overview
8.5.2 Energy Storage Systems: South and Central America Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)
8.6 Other
8.6.1 Overview
8.6.2 Others: South and Central America Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)
9. South and Central America Battery Metals Market –Country Analysis
9.1 Overview
9.2 South and Central America: Battery metals Market
9.2.1 South and Central America: Battery metals Market –Revenue and Forecast to 2028 (US$ Million)
9.2.1.1 Brazil: Battery metals Market – Revenue and Forecast to 2028 (US$ Million)
9.2.1.1.1 Brazil: Battery metals Market, By Type
9.2.1.1.2 Brazil: Battery metals Market, by Application
9.2.1.2 Argentina: Battery metals Market – Revenue and Forecast to 2028 (US$ Million)
9.2.1.2.1 Argentina: Battery metals Market, By Type
9.2.1.2.2 Argentina: Battery metals Market, by Application
9.2.1.3 Rest of South and Central America: Battery metals Market – Revenue and Forecast to 2028 (US$ Million)
9.2.1.3.1 Rest of South and Central America: Battery metals Market, By Type
9.2.1.3.2 Rest of South and Central America: Battery metals Market, by Application
10. Impact of COVID-19
10.1 South America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Albemarle Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Ganfeng Lithium Co.,Ltd.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Umicore
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 LG Chem
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Vale
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 BASF SE
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Metso Outotec
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. South and Central Americaattery Metals Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 2. South and Central Americaattery Metals Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil Battery metals Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 4. Brazil Battery metals Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 5. Argentina Battery metals Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 6. Argentina Battery metals Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 7. Rest of South and Central America Battery metals Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 8. Rest of South and Central America Battery metals Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 9. Glossary of Terms, South and Central Americaattery Metals Market
LIST OF FIGURES
Figure 1. South and Central America Battery Metals Market Segmentation
Figure 2. South and Central America Battery Metals Market Overview
Figure 3. South and Central Americaattery Metals Market, By Application
Figure 4. South and Central Americaattery Metals Market, by Country
Figure 5. Porter's Five Forces Analysis
Figure 6. South and Central America Battery Metals Market - Ecosystem
Figure 7. Expert Opinion
Figure 8. South and Central Americaattery Metals Market Impact Analysis of Drivers and Restraints
Figure 9. Country Overview of South and Central America Battery Metals Market
Figure 10. South and Central America Battery Metals Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 11. South and Central America Battery Metals Market Revenue Share, By Type (2020 and 2028)
Figure 12. Lithium: South and Central America Battery Metals Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 13. Nickel: South and Central America Battery Metals Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 14. Cobalt: South and Central America Battery Metals Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 15. Others: South and Central America Battery Metals Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 16. South and Central America Battery Metals Market Revenue Share, By Application(2020 and 2028)
Figure 17. Electric Vehicles: South and Central America Battery Metals Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Consumer Electronics: South and Central America Battery Metals Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 19. Energy Storage Systems: South and Central America Battery Metals Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 20. Others: South and Central America Battery Metals Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 21. South and Central Americaattery Metals Market Revenue Share, By Region (2021 and 2028)
Figure 22. South and Central America: Battery metals Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Brazil: Battery metals Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Argentina: Battery metals Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Rest of South and Central America: Battery metals Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Impact of COVID-19 Pandemic on Battery Metals in South America
- Albemarle Corporation
- Ganfeng Lithium Co., Ltd.
- Umicore
- LG Chem
- Vale
- BASF SE
- Metso Outotec
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South and Central America battery metals market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in South and Central America battery metals market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.