The Global Layered Oxide Materials Market was valued at USD 7.24 Billion in 2024 and is projected to reach USD 14.53 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 12.3% during the forecast period (2024–2030). This robust growth is fueled by the exponential demand for high-performance batteries from the electric vehicle, consumer electronics, and energy storage sectors, coupled with significant advancements in battery chemistry and manufacturing processes.

As the global transition to clean energy and electric mobility accelerates, the spotlight is on the key materials suppliers who are driving innovation, energy density improvements, and sustainable production pathways. In this blog, we profile the Top 10 Companies in the Layered Oxide Materials Industry—a mix of established chemical giants, specialized materials producers, and innovative technology leaders shaping the future of energy storage.

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🔟 1. Umicore

Headquarters: Brussels, Belgium
Key Offering: NMC (Nickel Manganese Cobalt), NCA (Nickel Cobalt Aluminum), and precursor materials

Umicore is a global leader in cathode active materials and recycling solutions, offering a comprehensive portfolio of layered oxide materials including NMC 811, NMC 622, and NCA for automotive and industrial applications.

Innovation & Sustainability Initiatives:

• Pioneering high-nickel NMC chemistries for increased energy density

• Closed-loop battery recycling and circular economy model

• Commitment to carbon-neutral operations by 2035

Download FREE Sample Report: Global Layered Oxide Materials Market – View in Detailed Research Report

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9️⃣ 2. BASF Battery Materials

Headquarters: Ludwigshafen, Germany
Key Offering: NMC cathode materials, HED™ (High Energy Density) series

BASF is a major force in the battery materials ecosystem, with significant investments in production capacity and next-generation cathode technologies for the global market.

Innovation & Sustainability Initiatives:

• Global production footprint with facilities in Europe, Asia, and North America

• Focus on cobalt reduction and nickel-rich cathode chemistries

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8️⃣ 3. LG Chem

Headquarters: Seoul, South Korea
Key Offering: NCMA (Nickel Cobalt Manganese Aluminum), high-nickel NMC

LG Chem leverages its vertical integration from battery cell manufacturing to materials production, providing high-performance NMC and NCMA materials to the automotive industry.

Innovation & Sustainability Initiatives:

• Proprietary NCMA technology offering stability and cost-efficiency

• Major expansions in cathode material production capacity worldwide

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7️⃣ 4. Sumitomo Metal Mining

Headquarters: Tokyo, Japan
Key Offering: NCA cathode materials, high-capacity NMC

Sumitomo Metal Mining is a leading global supplier of high-performance NCA cathode materials, primarily serving the electric vehicle battery sector.

Innovation & Sustainability Initiatives:

• World’s primary supplier of NCA materials for premium EVs

• Continuous R&D for improving thermal stability and cycle life

Download FREE Sample Report: Global Layered Oxide Materials Market – View in Detailed Research Report

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6️⃣ 5. Ronbay New Energy

Headquarters: Ningbo, China
Key Offering: NMC811, NMC622, single-crystal NMC

Ronbay New Energy has rapidly emerged as a leading global supplier of NMC cathode materials, with significant market share and rapid capacity expansion.

Innovation & Sustainability Initiatives:

• Leading producer of high-nickel NMC materials globally

• Strategic partnerships with global battery manufacturers and automotive OEMs

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5️⃣ 6. Ecopro BM

Headquarters: Cheongju, South Korea
Key Offering: High-nickel NMC, NCMA cathode materials

Ecopro BM specializes in high-performance cathode materials, particularly focusing on nickel-rich NMC and NCMA chemistries for enhanced performance.

Innovation & Sustainability Initiatives:

• Close collaboration with major battery cell manufacturers

• Investment in next-generation cathode material technologies and production scaling

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4️⃣ 7. Nichia Corporation

Headquarters: Tokushima, Japan
Key Offering: High-capacity NCA, NMC cathode materials

Nichia is a prominent global supplier of specialized cathode materials, offering high-performance NCA and NMC products for various battery applications.

Innovation & Sustainability Initiatives:

• Focus on developing cobalt-free and low-cobalt cathode material alternatives

• Strong focus on research and development for next-generation battery chemistries

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3️⃣ 8. L&F Company

Headquarters: Daegu, South Korea
Key Offering: NMC cathode materials, high-nickel chemistries

L&F Company is a significant player in the cathode materials market, with expertise in developing and manufacturing high-performance NMC materials for the global battery industry.

Innovation & Sustainability Initiatives:

• Expansion of production capacity for high-nickel NMC materials

• Strategic positioning in the high-growth electric vehicle battery supply chain

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2️⃣ 9. Resonac Holdings Corporation

Headquarters: Tokyo, Japan
Key Offering: NMC cathode materials, lithium nickel oxide

Resonac, formed from the merger of Showa Denko and Showa Denko Materials, is expanding its cathode materials business through technological innovation and strategic alliances.

Innovation & Sustainability Initiatives:

• Development of advanced cathode materials with improved safety characteristics

• Focus on developing next-generation materials for solid-state batteries

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1️⃣ 10. Targray

Headquarters: Montreal, Canada
Key Offering: NMC cathode materials, battery raw materials distribution

Targray is a key global supplier and distributor of battery materials, offering a wide range of layered oxide materials to the global energy storage industry.

Innovation & Sustainability Initiatives:

• Global supply chain solutions for battery manufacturers

• Strategic partnerships with leading materials producers worldwide

Get Full Report Here: Global Layered Oxide Materials Market – View in Detailed Research Report

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🌍 Outlook: The Future of Layered Oxide Materials is High-Performance and Sustainable

The layered oxide materials market is undergoing a fundamental transformation driven by the global energy transition and technological advancements in battery chemistry.

📈 Key Trends Shaping the Market:

• Accelerated transition to nickel-rich NMC chemistries for higher energy density

• Increasing focus on cobalt reduction and development of cobalt-free alternatives

• Growing emphasis on recycling and circular economy principles

• Advancements in single-crystal cathode material technology

Get Full Report Here: Global Layered Oxide Materials Market – View in Detailed Research Report

The companies listed above are not only powering the global energy transition—they’re driving the technological revolution in energy storage.