Battery Materials Market Forecasts

Forward-looking intelligence on supply, demand, and price trends for critical battery raw materials through 2030.

Featured Market Forecasts

Expert analysis and projections for the battery materials landscape

Lithium

Global Lithium Demand Forecast 2026-2030

Lithium demand projected to grow 45% annually driven by EV adoption and energy storage expansion.

Key Projection
+45% CAGR
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Nickel

Nickel Supply-Demand Balance

Battery-grade nickel supply expected to tighten significantly by 2027 despite new mine development.

Key Projection
Supply Deficit
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Cobalt

Cobalt Market Outlook

Reduced cobalt intensity in batteries offset by overall EV growth, maintaining stable demand.

Key Projection
Stable Growth
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Graphite

Graphite Capacity Expansion

Synthetic graphite production ramp-up to meet surging anode material demand from battery manufacturers.

Key Projection
+60% by 2028
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Regional Market Outlook

Production and demand forecasts by major geographic regions

Asia-Pacific

75%
Production Share
68%
Demand Share

Dominant hub for battery materials processing and manufacturing

North America

8%
Production Share
18%
Demand Share

Rapid capacity build-out driven by localization and IRA incentives

Europe

5%
Production Share
12%
Demand Share

Strong policy support for domestic supply chain development

Our Forecasting Approach

LibEV Minerals forecasts combine bottom-up supply analysis with top-down demand modeling, incorporating:

Mine & Project Database

Tracking 500+ mining and processing projects globally

EV Adoption Models

Regional EV penetration and battery chemistry trends

Trade Flow Analysis

Global supply chain mapping and logistics modeling

Get Custom Forecast Models

Work with our analysts to develop tailored forecasts for your specific markets and scenarios.

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Disclaimer: All forecasts and projections are simulated for demonstration purposes only.