Lithium Titanate / lithium titanium oxide (Li4Ti5O12, spinel, “LTO”) is an electrode material with exceptional electrochemical stability. It is often used as the anode in lithium ion batteries for applications that require high rate, long cycle life and high efficiency. LTO-based batteries are considered safer and have a wider operating temperature range.
The global market for Lithium Titanate (LTO) is estimated to increase from US$ 181.7 million in 2021 to reach US$ 194.3 million by 2028, exhibiting a CAGR of 1.0% during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
The main manufacturers of Lithium Titanate (LTO) are Toshiba, BTR New Material Group and Microvast, etc. The top five manufacturers account for about 70% of the share. Asia-Pacific is the largest market with about 80% share, followed by North America and Europe with more than 5% and 7% share. General Lithium Titanate is the largest segment with about 80% share. Automotive is the largest application with about 80% share.
Report Coverage
This latest report provides a deep insight into the global Lithium Titanate (LTO) market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global Lithium Titanate (LTO) market, with both quantitative and qualitative data, to help readers understand how the Lithium Titanate (LTO) market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in Tons.
Market Segmentation:
The study segments the Lithium Titanate (LTO) market and forecasts the market size by Type (General Lithium Titanate and Carbon-coated Lithium Titanate,), by Application (Automotive, Energy Storage, Aerospace and Others), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by type
General Lithium Titanate
Carbon-coated Lithium Titanate
Segmentation by application
Automotive
Energy Storage
Aerospace
Others
Segmentation by region
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Major companies covered
Toshiba
BTR New Material Group
Microvast
Gree Altairnano New Energy
TianKang Hua Yuan
Topfine New Material
NEI Corporation
Chapter Introduction
Chapter 1: Scope of Lithium Titanate (LTO), Research Methodology, etc.
Chapter 2: Executive Summary, global Lithium Titanate (LTO) market size (sales and revenue) and CAGR, Lithium Titanate (LTO) market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: Lithium Titanate (LTO) sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Lithium Titanate (LTO) sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Lithium Titanate (LTO) market size forecast by region, by country, by type, and application.
Chapter 13: Comprehensive company profiles of the leading players, including Toshiba, BTR New Material Group, Microvast, Gree Altairnano New Energy, TianKang Hua Yuan, Topfine New Material and NEI Corporation, etc.
Chapter 14: Research Findings and Conclusion