Global demand for materials used in the manufacture of batteries will rise 3.9 percent annually through 2012. Gains will be driven by strong growth in the production of Li-Ion and Ni-MH batteries. Metals will remain the leading battery material while chemical materials grow the fastest.

This study analyzes the $18.8 billion world battery material industry. It presents historical demand data for the years 1997, 2002 and 2012, and forecasts for 2012 and 2017 by type (e.g., metals, chemicals, carbon/graphite, polymers), application (primary batteries, secondary batteries), world region (e.g., Asia/Pacific, North America, Western Europe) and for 19 countries.

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 38 industry players, including Quexco, Doe Run Resources and Exide Technologies.

TABLE OF CONTENTS
                                             

SECTION                                                                      PAGE

               INTRODUCTION                                                    xi

          I.   EXECUTIVE SUMMARY                                                1

         II.   MARKET ENVIRONMENT                                               4
               General                                                          4
               World Economic Overview                                          5
                   Recent Economic Performance                                  6
                   World Economic Outlook                                       8
               World Population Overview                                       11
               World Manufacturing Outlook                                     13
               World Gross Fixed Investment Outlook                            15
               World Motor Vehicle Outlook                                     18
               Battery Industry Overview                                       20
                   Primary Battery Production                                  23
                   Secondary Battery Production                                25
               Battery Materials Technology Trends                             27
                   Conventional Battery Chemistries                            29
                     Alkaline                                                  30
                     Zinc-Carbon                                               31
                     Lead-Acid                                                 31
                     Nickel-Cadmium                                            32
                     Others                                                    33
                   Advanced Battery Chemistries                                33
                     Primary Lithium                                           34
                     Rechargeable Lithium                                      35
                     Nickel Metal Hydride                                      36
                     Zinc-Air                                                  36
                     Others                                                    37
               Environmental & Regulatory Issues                               38
                   Recycling                                                   39
                   Health & Safety                                             40
                   
        III.   WORLD BATTERY MATERIALS OVERVIEW                                43
               General                                                         43
               Demand by Region                                                44
               Demand by Type                                                  47
                   Metals                                                      49
                     Lead                                                      51
                     Zinc                                                      53
                     Steel                                                     54
                     Nickel                                                    55
                     Lithium                                                   56
                     Other Metals                                              57
                   Chemicals                                                   58
                     Lithium                                                   60
                     Manganese                                                 63
                     Lead                                                      64
                     Nickel                                                    65
                     Other Chemicals                                           65
                   Other Materials                                             66
                     Carbon/Graphite                                           67
                     Polymers                                                  69
                     All Other                                                 70
               Demand by Application                                           72
                   Primary Batteries                                           73
                     Alkaline                                                  75
                     Zinc-Carbon                                               76
                     Primary Lithium                                           77
                     Other Primary                                             78
                   Secondary Batteries                                         79
                     Lead-Acid                                                 82
                     Nickel-Based                                              83
                     Lithium-Based                                             85
                     Other Secondary                                           86
                     
         IV.   NORTH AMERICA                                                   87
               North America: Overview                                         87
               United States                                                   92
               Canada                                                          98
               Mexico                                                         104

          V.   WESTERN EUROPE                                                 111
               Western Europe: Overview                                       111
               Germany                                                        117
               France                                                         122
               United Kingdom                                                 129
               Italy                                                          134
               Spain                                                          140
               Belgium                                                        146
               Other Western Europe                                           152

         VI.   ASIA/PACIFIC                                                   159
               Asia/Pacific: Overview                                         159
               China                                                          165
               Japan                                                          174
               South Korea                                                    181
               India                                                          188
               Indonesia                                                      194
               Taiwan                                                         200
               Other Asia/Pacific                                             206

        VII.   OTHER REGIONS                                                  213
               Latin America: Overview                                        213
               Brazil                                                         217
               Other Latin America                                            222
               Eastern Europe: Overview                                       228
               Russia                                                         232
               Poland                                                         239
               Other Eastern Europe                                           244
               Africa/Mideast: Overview                                       250
               South Africa                                                   254
               Other Africa/Mideast                                           260

       VIII.   INDUSTRY STRUCTURE                                             266
               General                                                        266
               Market Share                                                   269
                   Lead Products                                              270
                   Other Battery Materials                                    273
               Manufacturing                                                  276
               Cooperative Agreements                                         277
               Marketing & Distribution                                       279
               Acquisitions & Divestitures                                    280
               Company Profiles                                               282
                   A123 Systems Incorporated                                  283
                   Altair Nanotechnologies Incorporated                       284
                   AMETEK Incorporated                                        285
                   Anyang Yubei Gold & Lead Company Limited                   287
                   Arkema SA                                                  288
                   Cabot Corporation                                          289
                   Celanese Corporation                                       291
                   Chemetall GmbH, see Rockwood Holdings Incorporated            
                   China Sun Group High-Tech Company                          292
                   Companhia Vale do Rio Doce                                 294
                   Corus Group plc, see Tata Steel Limited                       
                   Dalian Xinyang High-Tech Development, see China 
                     Sun Group High-Tech                                         
                   Delta plc                                                  297
                   Doe Run Resources Corporation                              298
                   Durox Limitada, see Penox Group SA                            
                   East Penn Manufacturing Company Incorporated               300
                   Eramet SA                                                  301
                   Exide Technologies                                         304
                   FMC Corporation                                            305
                   Hammond Group Incorporated                                 307
                   Henan Yuguang Gold and Lead Company Limited                308
                   Imerys SA                                                  309
                   Jiangsu Chunxing Alloy Group Company Limited               311
                   Manganese Metal Company Pty Limited, see Delta plc            
                   Mitsubishi Chemical Holdings Corporation                   312
                   Novamet Specialty Products, see Companhia Vale 
                     do Rio Doce                                                 
                   Nyrstar NV                                                 313
                   OM Group Incorporated                                      314
                   Penox Group SA                                             316
                   Quexco Incorporated                                        317
                   Recylex SA                                                 318
                   Rockwood Holdings Incorporated                             319
                   Santoku Corporation                                        320
                   Sociedad Quimica y Minera de Chile SA                      321
                   Societe Le Nickel, see Eramet SA
                   Sumitomo Metal Mining Company Limited                      322
                   Tanaka Chemical Corporation                                324
                   Tata Steel Limited                                         325
                   Teck Cominco Limited                                       326
                   Timcal Limited, see Imerys SA                                 
                   Toda Kogyo Corporation                                     328
                   Tosoh Corporation                                          329
                   Tronox Incorporated                                        330
                   Umicore SA                                                 331
                   Vale Inco Limited, see Companhia Vale do Rio Doce             
                   Xiangtan Electrochemical Scientific Limited                334
                   Xstrata plc                                                335

                                  LIST OF TABLES
                                        
TABLE NUMBER                                                                 PAGE

               SECTION I -- EXECUTIVE SUMMARY
               Summary Table                                                    3

               SECTION II -- MARKET ENVIRONMENT
           1   World Gross Domestic Product by Region                          11
           2   World Population by Region                                      13
           3   World Manufacturing Value Added by Region                       15
           4   World Gross Fixed Investment by Region                          18
           5   World Motor Vehicles in Use by Region                           20
           6   World Battery Shipments by Region                               23
           7   World Primary Battery Shipments by Region                       25
           8   World Secondary Battery Shipments by Region                     27

               SECTION III -- WORLD BATTERY MATERIALS 
                   OVERVIEW
           1   World Battery Materials Demand by Region                        46
           2   World Battery Materials Demand by Type                          48
           3   World Battery Metals Demand by Product & Region                 50
           4   World Demand for Lead in Batteries                              53
           5   World Demand for Zinc Metal in Batteries                        54
           6   World Battery Chemicals Demand by Product & Region              59
           7   World Demand for Lithium Chemicals in Batteries                 62
           8   World Demand for Manganese Chemicals in Batteries               64
           9   World Demand for Other Materials in Batteries 
                   by Product & Region                                         67
          10   World Demand for Carbon/Graphite in Batteries                   69
          11   World Battery Materials Demand by Application                   72
          12   World Primary Battery Materials Demand 
                   by Chemistry & Region                                       74
          13   World Secondary Battery Materials Demand 
                   by   Chemistry & Region                                     81

               SECTION IV -- NORTH AMERICA
           1   North America -- Key Indicators for Battery Materials Demand    89
           2   North America -- Battery Materials Demand 
                   by Type & Application                                       91
           3   United States -- Key Indicators for Battery Materials Demand    94
           4   United States -- Battery Materials Demand by Type               96
           5   United States -- Battery Materials Demand by Application        98
           6   Canada -- Key Indicators for Battery Materials Demand          101
           7   Canada -- Battery Materials Demand by Type                     103
           8   Canada -- Battery Materials Demand by Application              104
           9   Mexico -- Key Indicators for Battery Materials Demand          107
          10   Mexico -- Battery Materials Demand by Type                     108
          11   Mexico -- Battery Materials Demand by Application              110

               SECTION V -- WESTERN EUROPE
           1   Western Europe -- Key Indicators for Battery Materials 
                   Demand                                                     114
           2   Western Europe -- Battery Materials Demand 
                   by Type & Application                                      116
           3   Germany -- Key Indicators for Battery Materials Demand         119
           4   Germany -- Battery Materials Demand by Type                    121
           5   Germany -- Battery Materials Demand by Application             122
           6   France -- Key Indicators for Battery Materials Demand          125
           7   France -- Battery Materials Demand by Type                     127
           8   France -- Battery Materials Demand by Application              128
           9   United Kingdom -- Key Indicators for Battery Materials 
                   Demand                                                     131
          10   United Kingdom -- Battery Materials Demand by Type             133
          11   United Kingdom -- Battery Materials Demand by Application      134
          12   Italy -- Key Indicators for Battery Materials Demand           137
          13   Italy -- Battery Materials Demand by Type                      138
          14   Italy -- Battery Materials Demand by Application               140
          15   Spain -- Key Indicators for Battery Materials Demand           142
          16   Spain -- Battery Materials Demand by Type                      144
          17   Spain -- Battery Materials Demand by Application               145
          18   Belgium -- Key Indicators for Battery Materials Demand         148
          19   Belgium -- Battery Materials Demand by Type                    150
          20   Belgium -- Battery Materials Demand by Application             151
          21   Other Western Europe -- Key Indicators for Battery 
                   Materials Demand                                           154
          22   Other Western Europe -- Battery Materials Demand by Type       156
          23   Other Western Europe -- Battery Materials Demand 
                   by Application                                             158

               SECTION VI -- ASIA/PACIFIC
           1   Asia/Pacific -- Key Indicators for Battery Materials Demand    163
           2   Asia/Pacific -- Battery Materials Demand 
                   by Type & Application                                      164
           3   China -- Key Indicators for Battery Materials Demand           169
           4   China -- Battery Materials Demand by Type                      172
           5   China -- Battery Materials Demand by Application               174
           6   Japan -- Key Indicators for Battery Materials Demand           177
           7   Japan -- Battery Materials Demand by Type                      179
           8   Japan -- Battery Materials Demand by Application               181
           9   South Korea -- Key Indicators for Battery Materials Demand     184
          10   South Korea -- Battery Materials Demand by Type                186
          11   South Korea -- Battery Materials Demand by Application         188
          12   India -- Key Indicators for Battery Materials Demand           190
          13   India -- Battery Materials Demand by Type                      192
          14   India -- Battery Materials Demand by Application               193
          15   Indonesia -- Key Indicators for Battery Materials Demand       196
          16   Indonesia -- Battery Materials Demand by Type                  198
          17   Indonesia -- Battery Materials Demand by Application           199
          18   Taiwan -- Key Indicators for Battery Materials Demand          202
          19   Taiwan -- Battery Materials Demand by Type                     204
          20   Taiwan -- Battery Materials Demand by Application              205
          21   Other Asia/Pacific -- Key Indicators for Battery 
                   Materials Demand                                           208
          22   Other Asia/Pacific -- Battery Materials Demand by Type         210
          23   Other Asia/Pacific -- Battery Materials Demand 
                   by Application                                             212

               SECTION VII -- OTHER REGIONS
           1   Latin America -- Key Indicators for Battery Materials Demand   215
           2   Latin America -- Battery Materials Demand 
                   by Type & Application                                      217
           3   Brazil -- Key Indicators for Battery Materials Demand          219
           4   Brazil -- Battery Materials Demand by Type                     221
           5   Brazil -- Battery Materials Demand by Application              222
           6   Other Latin America -- Key Indicators for Battery 
                   Materials Demand                                           225
           7   Other Latin America -- Battery Materials Demand by Type        226
           8   Other Latin America -- Battery Materials Demand 
                   by Application                                             228
           9   Eastern Europe -- Key Indicators for Battery Materials 
                   Demand                                                     231
          10   Eastern Europe -- Battery Materials Demand 
                   by Type & Application                                      232
          11   Russia -- Key Indicators for Battery Materials Demand          235
          12   Russia -- Battery Materials Demand by Type                     237
          13   Russia -- Battery Materials Demand by Application              238
          14   Poland -- Key Indicators for Battery Materials Demand          241
          15   Poland -- Battery Materials Demand by Type                     242
          16   Poland -- Battery Materials Demand by Application              244
          17   Other Eastern Europe -- Key Indicators for Battery 
                   Materials Demand                                           246
          18   Other Eastern Europe -- Battery Materials Demand by Type       248
          19   Other Eastern Europe -- Battery Materials Demand 
                   by Application                                             249
          20   Africa/Mideast -- Key Indicators for Battery Materials 
                   Demand                                                     252
          21   Africa/Mideast -- Battery Materials Demand 
                   by Type & Application                                      254
          22   South Africa -- Key Indicators for Battery Materials Demand    256
          23   South Africa -- Battery Materials Demand by Type               258
          24   South Africa -- Battery Materials Demand by Application        259
          25   Other Africa/Mideast -- Key Indicators for Battery 
                   Materials Demand                                           262
          26   Other Africa/Mideast -- Battery Materials Demand by Type       264
          27   Other Africa/Mideast -- Battery Materials Demand 
                   by Application                                             265

               SECTION VIII -- INDUSTRY STRUCTURE
           1   Battery Materials Sales by Company, 2007                       268
           2   Selected Cooperative Agreements                                278
           3   Selected Acquisitions & Divestitures                           281

                                  LIST OF CHARTS
                                        
CHART NUMBER                                                                 PAGE

               SECTION II -- MARKET ENVIRONMENT
           1   Basic Battery Construction                                      29

               SECTION III -- WORLD BATTERY MATERIALS
                   OVERVIEW    
           1   World Battery Materials Demand by Region, 2007                  47
           2   World Battery Metals Demand by Product, 2007                    51
           3   World Battery Chemicals Demand by Product, 2007                 60
           4   World Primary Battery Materials Demand by Chemistry, 2007       75
           5   World Secondary Battery Materials Demand 
                   by Chemistry, 2007                                          82

               SECTION IV -- NORTH AMERICA
           1   North America Battery Materials Demand, 2007                    91

               SECTION V -- WESTERN EUROPE
           1   Western Europe Battery Materials Demand, 2007                  116

               SECTION VI -- ASIA/PACIFIC
           1   Asia/Pacific Battery Materials Demand by Country, 2007         165

               SECTION VIII -- INDUSTRY STRUCTURE
           1   World Lead Battery Materials Market Share, 2007                271
           2   World Non-Lead Battery Materials Market Share, 2007            274