The upstream industries of button battery industry are mainly stainless steel, cathode and anode materials and other industries, of which the cathode and anode materials are mostly lithium, nickel, manganese and other non-ferrous metals; the downstream industries of button battery industry mainly include electronic digital products, audio-visual equipment related products, electric toys and other related applications, retail, e-commerce and other sales channels. Avenue.

The upstream industries of button battery industry are mainly stainless steel, cathode and anode materials, and most of them are lithium, nickel, manganese and other non-ferrous metals.

The cathode and anode materials of batteries are usually lithium, nickel, manganese or their compounds, such as lithium cobalt, nickel, alloy powder, etc. Domestic nickel, lithium cobalt, nickel, alloy powder, lithium material products are abundant, easily affected by the international market price trends, especially nickel and cobalt, greatly affected by international futures prices.

The price of raw materials for button batteries is an important factor affecting the cost of batteries. The increase in the price of raw materials such as cathode and anode materials, electrolyte and stainless steel will directly lead to the increase in the cost of batteries using related materials. In the short term, it will reduce the profit margin of button batteries and bring adverse effects to button batteries industry. Influence.

The downstream of button battery industry mainly includes electronic digital products, audio-visual equipment related products, electric toys and so on. In recent years, with the decline of China's economic situation, the electronic digital consumption industry heat slowdown and economic policy changes, the development of the downstream industry may be less than expected, downstream related industries may also cause fluctuations in the economic cycle of button battery industry, the development of the industry will be adversely affected.

But overall, the button battery industry will continue to develop with the downstream industry to develop new industries, the growth trend is still relatively clear.