Faradex Partners Battery Market Intelligence
Sectors  // Raw Materials

Battery Raw Materials & Critical Minerals

21 research titles covering the upstream critical mineral supply chains that determine battery cost and geopolitical risk — lithium, nickel, cobalt, manganese, graphite, silicon, vanadium, and electrolyte chemistry. Pricing anchored to spot and contract data. Supply risk framed through FEOC compliance and Hormuz disruption context.

21
Research titles
8
Critical minerals covered
USD 14.4 Bn
Nickel sulphate market 2025
22.6%
CAGR — silicon anode material
What This Category Covers

Critical minerals through to electrolyte chemistry

Raw Materials covers every upstream input to the battery cell: cathode precursor metals (lithium, nickel, cobalt, manganese), anode materials (graphite, silicon, lithium metal), electrolyte and solvent chemistry, binder materials, and emerging inputs for next-generation chemistries including vanadium for flow batteries.

Cathode Precursor Metals
Lithium carbonate, lithium hydroxide, nickel sulphate, cobalt sulphate, manganese sulphate, and iron phosphate — the precursor inputs that determine cathode active material cost and supply security.
Anode Materials
Natural graphite, synthetic graphite (needle coke), silicon anode materials, and lithium metal — covering both the dominant graphite anode chemistry and the high-growth silicon and lithium metal paths.
Electrolyte & Specialty Chemistry
Battery electrolyte, LiPF6 salt, electrolyte solvents, additives, and binder materials — the functional chemistry inputs that determine cell performance and are subject to Chinese supply concentration risk.
Full Sectors

21 Raw Materials Titles

ALL REPORTS — 2025 BASE YEAR — 2026–2035 FORECAST — PRIMARY SOURCES ONLY
Access Full Sectors
FDX-RM-013
Battery Grade Lithium Hydroxide Market
2025USD 4.87 Bn
2035USD 14.42 Bn
CAGR11.0%
FDX-RM-014
Battery Grade Nickel Sulphate Market
2025USD 6.42 Bn
2035USD 16.87 Bn
CAGR10.2%
FDX-RM-015
Battery Cobalt Sulphate Market
2025USD 2.87 Bn
2035USD 5.42 Bn
CAGR6.6%
FDX-RM-016
Battery Grade Manganese Sulphate Market
2025USD 1.42 Bn
2035USD 5.87 Bn
CAGR15.2%
FDX-RM-017
Battery Grade Lithium Carbonate Market
2025USD 8.42 Bn
2035USD 24.14 Bn
CAGR11.1%
FDX-RM-018
Battery Grade Lithium Hydroxide Market
2025USD 5.84 Bn
2035USD 16.42 Bn
CAGR10.9%
FDX-RM-019
Battery Grade Cobalt Metal Market
2025USD 4.87 Bn
2035USD 8.42 Bn
CAGR5.6%
FDX-RM-020
Battery Grade Nickel Sulphate Market
2025USD 14.42 Bn
2035USD 32.87 Bn
CAGR8.6%
FDX-RM-021
Battery Grade Manganese Metal Market
2025USD 2.14 Bn
2035USD 6.42 Bn
CAGR11.6%
FDX-RM-022
Battery Grade Phosphoric Acid Market
2025USD 1.84 Bn
2035USD 5.42 Bn
CAGR11.4%
FDX-RM-023
Battery Grade Iron Phosphate Market
2025USD 3.84 Bn
2035USD 12.42 Bn
CAGR12.4%
FDX-RM-024
Battery Grade Graphite Anode Material Market
2025USD 12.84 Bn
2035USD 28.42 Bn
CAGR8.2%
FDX-RM-025
Battery Grade Silicon Anode Material Market
2025USD 0.84 Bn
2035USD 6.42 Bn
CAGR22.6%
FDX-RM-026
Battery Binder Materials Market
2025USD 1.24 Bn
2035USD 3.84 Bn
CAGR12.0%
FDX-RM-027
Battery Electrolyte Additives Market
2025USD 1.24 Bn
2035USD 3.42 Bn
CAGR10.7%
FDX-RM-028
Battery Electrolyte Market
2025USD 8.42 Bn
2035USD 22.84 Bn
CAGR10.5%
FDX-RM-029
Battery Grade Lithium Metal Market
2025USD 0.84 Bn
2035USD 4.84 Bn
CAGR19.2%
FDX-RM-030
Battery Grade Natural Graphite Market
2025USD 4.84 Bn
2035USD 12.42 Bn
CAGR9.9%
FDX-RM-031
Battery Grade Needle Coke Market
2025USD 2.14 Bn
2035USD 5.87 Bn
CAGR10.6%
FDX-RM-032
Battery Grade Vanadium Market
2025USD 1.84 Bn
2035USD 6.84 Bn
CAGR14.1%
FDX-RM-033
Battery Electrolyte Solvent Market
2025USD 2.14 Bn
2035USD 6.87 Bn
CAGR12.4%
Research Standard

Critical mineral intelligence anchored to trade and pricing data

Battery raw material markets are highly sensitive to pricing cycles, geopolitical supply concentration, and policy interventions — FEOC, IRA, EU Battery Regulation — that change the economics of sourcing rapidly. Faradex raw material reports anchor market sizing to company-level production and shipment data from publicly filed accounts: Albemarle, SQM, Livent, Norilsk Nickel, Glencore, and Umicore among the primary sources.

The Q1 2026 Strait of Hormuz disruption created confirmed supply chain stress for precursor chemical processing facilities in South Korea and Japan that depend on LNG for process heat. This is incorporated into the regional analysis of nickel sulphate, cobalt sulphate, manganese sulphate, and lithium hydroxide reports where the exposure is material.

Pricing anchored to exchange and spot data
Lithium carbonate and hydroxide pricing derived from CME and LME contract data and verified against Albemarle and SQM quarterly earnings disclosures — not from syndicated price trackers that may lag market moves by months.
FEOC compliance implications quantified
IRA Foreign Entity of Concern thresholds applied to Chinese-origin graphite anode, LiPF6, and electrolyte solvent supply to quantify the proportion of current supply that is at risk under US sourcing compliance requirements.
Hormuz supply chain exposure mapped
LNG dependence of South Korean and Japanese precursor chemical plants is mapped and incorporated into regional supply risk sections of nickel, cobalt, manganese, and lithium processing reports.
Producer concentration explicitly addressed
HHI-equivalent concentration analysis for each critical mineral market — lithium is more concentrated than nickel; cobalt is more concentrated than both — quantified from production data, not from market share estimates.
Analyst Perspective

Raw materials commentary from primary fieldwork

MK
Markus Kellner
Senior Analyst — Cell Chemistry & Gigafactory Economics
"The lithium price collapse from the 2022 peak has not resolved the upstream investment problem — it has worsened it. Capital is no longer flowing to new hard rock lithium projects at the rate required to meet 2030 demand. The companies that locked in long-term hydroxide supply agreements at the 2023 trough are now structurally advantaged. Those that did not are exposed to what our panel consistently describes as a supply cliff between 2027 and 2029."
Faradex Primary Panel — Critical Minerals Supply Chain, Q1 2026
SV
Shreya Venkat
Senior Analyst — Advanced Materials & Battery Recycling
"Silicon anode material is past the point where the question is whether it works at 5–10% silicon loading — it clearly does. The question is whether cell manufacturers can solve the volumetric expansion problem at 20%+ loading without proprietary binder formulations that are effectively licensed from two or three materials companies. The answer for most is no, which is why silicon anode market penetration continues to lag optimistic 2020-era forecasts."
Faradex Primary Panel — Silicon Anode Materials, Q2 2026
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Faradex covers the full battery value chain

Access Raw Materials Intelligence

21 titles spanning critical minerals, anode materials, electrolyte chemistry, and specialty inputs. Built for procurement leads, investment teams, and supply chain strategists.

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