The existing energy storage market mainly includes large-scale power storage, backup power storage and household energy storage. Under the prior art, the cost performance of lithium batteries in the field of backup power storage has been significantly improved. Due to the influence of new energy vehicles and backup power sources, the market space for lithium batteries will gradually expand. In terms of power lithium batteries alone, the next decade will It is expected to exceed 160 billion yuan. However, paying attention to the multi-faceted effects of the upstream and downstream of the industry is the prerequisite for understanding the market boom.
Material price rise
The upstream lithium resource industry is showing an obvious oligopolistic competition. The top three international brine giants SQM, Rockwood, FMC and Talison, the world's largest ore gold supplier, account for more than 90% of the market.
The lithium triangle accounts for half of the world's lithium resources, and its output accounts for more than 60% of the world's total, making it the core area of global lithium resources. In March of this year, the lithium triangle exploded severely, and the world's largest brine lithium producer SQM, which accounted for 27% of the global market share, was seriously affected in the production of Atacama Salt Lake. The supply contraction brought lithium prices up sharply in the first half of the year. As of August 9, the price of industrial grade lithium carbonate was 47,100 yuan / ton, a significant increase of 27.3% over the same period last year. Recently, the price of lithium ore has reached 480 US dollars / ton, the price has increased by 17% since the second quarter, significantly higher than the annual average price increase of 10% in 2013-2014.
Technical process needs to be improved
The overall technical level of China's power lithium battery is still far from the foreign countries. It is reported that the average energy density of Japanese batteries is 30%-40% higher than the average of China, and the number of times of equivalent capacity charging can reach several times that of China.