South Korea Battery Raw Materials Market Size & Outlook
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South Korea battery raw materials market highlights
- The South Korea battery raw materials market generated a revenue of USD 4,095.0 million in 2025 and is expected to reach USD 8,700.9 million by 2033.
- The South Korea market is expected to grow at a CAGR of 10% from 2026 to 2033.
- In terms of segment, lead acid was the largest revenue generating battery type in 2025.
- Lithium Ion is the most lucrative battery type segment registering the fastest growth during the forecast period.
Battery raw materials market data book summary
| Market revenue in 2025 | USD 4,095.0 million |
| Market revenue in 2033 | USD 8,700.9 million |
| Growth rate | 10% (CAGR from 2026 to 2033) |
| Largest segment | Lead acid |
| Fastest growing segment | Lithium Ion |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lithium Ion, Lead Acid, Other Batteries |
Other key industry trends
- In terms of revenue, South Korea accounted for 6.6% of the global battery raw materials market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China battery raw materials market is projected to lead the regional market in terms of revenue in 2033.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 21,552.8 million by 2033.
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Battery Raw Materials Market Scope
Battery Raw Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Entek | View profile | 1001-5000 | Lebanon, Oregon, United States, North America | http://entek.com/ |
| Hitachi, Ltd. | View profile | - | - | - |
| Dupont | View profile | 10001+ | Wilmington, Delaware, United States, North America | http://www.dupont.com |
| Celgard | View profile | 501-1000 | Charlotte, North Carolina, United States, North America | http://celgard.com |
| Mitsubishi Chemical Group Corp | View profile | 74632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | https://www.mcgc.com |
| Targray | View profile | 101-250 | Kirkland, Quebec, Canada, North America | https://www.targray.com/ |
| Nichia Corporation | View profile | 5001-10000 | Tokushima, Tokushima, Japan, Asia | http://www.nichia.co.jp/ |
| NEI Corporation | View profile | 11-50 | Somerset, New Jersey, United States, North America | https://www.neicorporation.com/ |
| Umicore SA ADR | View profile | 11948 | Rue du Marais 31 Broekstraat, Brussels, Belgium, B-1000 | https://www.umicore.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
South Korea battery raw materials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to battery raw materials market will help companies and investors design strategic landscapes.
Lead acid was the largest segment with a revenue share of 71.89% in 2025. Horizon Databook has segmented the South Korea battery raw materials market based on lithium ion, lead acid, other batteries covering the revenue growth of each sub-segment from 2021 to 2033.
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Target buyers of South Korea battery raw materials market databook
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Our clientele includes a mix of battery raw materials market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea battery raw materials market , including forecasts for subscribers. This country databook contains high-level insights into South Korea battery raw materials market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea battery raw materials market size, by battery type, 2021-2033 (US$M)
South Korea Battery Raw Materials Market Outlook Share, 2025 & 2033 (US$M)
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