With a rising demand for the lithium batteries in the power tools, automotive industry, consumer electronics, and energy storage systems, among others is likely to drive the cathode materials market with a CAGR of 14.0% in terms of value and 16.23% in terms of volume from 2018 to 2023. Commonly, cathode material is the combination of cobalt, nickel and manganese in a crystallized structure with cobalt being the primary active material. However, over the years cobalt has been replaced with nickel as an active material, and some of the most prominent chemistries of cathode as Nickel Manganese Cobalt (NCM), Nickel Cobalt Aluminum (NCA), Lithium Cobalt Oxide (LCO), Lithium Manganese Oxide (LMO), and Lithium Iron Phosphate (LFP). Request the Sample : Cathode Materials Market According to a market report published by the BIS Research , the market for cathode materials can be segmented on the basis of type, end-user and region. The cathode material in terms of type is categorized as NCM...