Global E-Mobility Raw Materials Market Size was valued at $ 109.25 Billion by 2035 | CAGR of 8.82%

Global E-Mobility Raw Materials Market Size was valued at USD 109.25 Billion by 2035

According to a research report published by Spherical Insights & Consulting, the Global E-Mobility Raw Materials Market size is expected to grow from USD 43.1 billion in 2024 to USD 109.25 billion by 2035, at a CAGR of 8.82% during the forecast period 2025-2035.  

Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the Global E-Mobility Raw Materials Market Size, Share, and COVID-19 Impact Analysis, By Type (Body Metals, Light Weight Plastic, Battery Chemicals, and Metals), By Application (Public Transport, Commercial Vehicle, and Personal Vehicle), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035.https://www.sphericalinsights.com/reports/e-mobility-raw-materials-market   

Global E-Mobility Raw Materials Market Analysis and Forecast 2025–2035.                        

The global industry that deals with the extraction, manufacture, processing, and delivery of vital raw materials used in electric mobility technologies is known as the "E-mobility raw materials market." This market includes essential inputs such as lithium, cobalt, nickel, graphite, rare earth elements, and copper that are needed for the production of electric vehicle (EV) batteries, charging infrastructure, electric motors, and related components. Driven by the rapid shift from internal combustion engine vehicles to electric and hybrid mobility solutions, it operates at the nexus of the automotive, energy storage, and materials industries. The market is also growing as a result of corporate commitments to adopting green energy and growing consumer awareness of environmental sustainability. The market's growth is further supported by strategic activities in resource exploration, extraction, and recycling, as well as investments in strong supply chains, which establish the industry as a key player in the global energy transition. However, resource scarcity, price volatility, and regulatory restrictions limit the market for e-mobility raw materials. 

The battery chemicals segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.         

Based on the type, the E-mobility raw materials market is divided into body metals, light weight plastic, battery chemicals, and metals. Among these, the battery chemicals segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.  The crucial function that battery chemicals, such as cathode, anode, and electrolyte materials, play in lithium-ion batteries, which are necessary for vehicle performance, energy efficiency, and longevity, is the main reason for the battery chemicals segment.   

The personal vehicle segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period.          

Based on the application, the E-mobility raw materials market is divided into public transport, commercial vehicle, and personal vehicle. Among these, the personal vehicle segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Demand in the personal car market has been greatly increased by factors like growing consumer awareness of environmental sustainability, government incentives for buying electric vehicles, and developments in battery and vehicle technologies.

North America is expected to hold the majority share of the global E-mobility raw materials market during the forecast period.            

North America is expected to hold the majority share of the global E-mobility raw materials market during the forecast period. Important resources, including lithium, cobalt, nickel, and rare earth elements, are consistently available due to the presence of top battery and raw material suppliers and well-established supply chain networks. Market penetration is improved by growing consumer uptake of electric mobility solutions and corporate sustainability pledges. As a result, it is anticipated that North America will maintain its hegemony in the worldwide market for e-mobility raw materials.

Asia Pacific is anticipated to grow at the fastest pace in the global E-mobility raw materials market during the forecast period. The region also gains from a developing network of domestic and foreign suppliers, competitive manufacturing capabilities, and an abundance of natural resources. Higher EV adoption rates are also a result of rising disposable incomes and growing consumer awareness of environmental sustainability.

Major vendors in the global E-mobility raw materials market are Albemarle Corporation, American Battery Technology Company, BASF SE, Contemporary Amperex Technology Co. Limited (CATL), Ganfeng Lithium Co., Ltd., Johnson Matthey, LG Chem / LG Energy Solution, Mitsubishi Chemical Holdings Corporation, Norilsk Nickel (Nornickel), POSCO Chemical, Samsung SDI Co., Ltd., Sumitomo Metal Mining Co., Ltd., Targray Technology International Inc., Umicore, and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development   

• In August 2023, Panasonic launched a strategic E-Mobility partnership with a leading Indian automaker, focusing on advanced battery technologies and raw materials, aiming to boost cost-effective EV solutions, enhance performance, and accelerate India’s e-mobility growth.

Market Segment   

This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the E-mobility raw materials market based on the below-mentioned segments:     

Global E-Mobility Raw Materials Market, By Type

• Body Metals,
• Light Weight Plastic,
• Battery chemicals
• Metals

Global E-Mobility Raw Materials Market, By Application

• Public Transport
• Commercial Vehicle
• Personal Vehicle

Global E-Mobility Raw Materials Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa