Cabot's 15min Chart Triggers MACD Death Cross, Bearish Marubozu

According to the 15-minute chart of Cabot, the MACD indicator has crossed below the signal line, indicating a bearish trend. Additionally, the stock has closed as a bearish marubozu candlestick, further reinforcing the notion that the stock price has the potential to decline. Sellers appear to be in control of the market, and the bearish momentum is expected to continue.

The global battery additives market is experiencing robust growth, driven by rising demand for high-performance batteries in renewable energy storage and electric mobility. According to a report by SNS Insider [1], the market size was valued at USD 1.97 billion in 2024 and is projected to reach USD 3.84 billion by 2032, growing at a CAGR of 6.23% over the forecast period of 2025-2032.

Several factors are fueling this growth. The increasing demand for electric vehicles (EVs) and energy storage systems is a significant driver. Stricter global emission norms and government-led clean energy initiatives are also encouraging the adoption of advanced battery technologies. For instance, the U.S. Department of Energy (DOE) notes that conductive additives in lithium-ion batteries can enhance energy density by 15% [1].

Industry leaders such as BASF and Cabot Corporation are expanding production capacities and investing in research and development (R&D) to meet these demands. The U.S. Battery Additives market, valued at USD 317.06 million in 2024, is expected to reach USD 640.64 million by 2032, with a market share of about 72% [1]. Key players in this market include 3M Company, Cabot Corporation, BASF SE, Imerys S.A., Arkema Group, SGL Carbon SE, Orion Engineered Carbons, Ascend Performance Materials, Hammond Group, Inc., Borregaard AS, and others.

The market is segmented by type, battery type, and application. Conductive additives dominated the market in 2024 with a 35.7% market share, due to their essential role in enhancing battery conductivity and extending cycle life. Lithium-ion batteries dominated the market by battery type, with a 62.5% market share, driven by their widespread use in EVs, portable electronics, and grid storage. The automotive sector dominated the market by application, with a 38.6% market share, due to the surging shift towards electric vehicles and hybrids [1].

Asia Pacific is the largest market, holding a 34.2% market share in 2024, driven by strong battery and electric vehicle manufacturing ecosystems in China, Japan, and South Korea. Key players like CATL and LG Chem are leveraging advanced additives to improve performance and safety [1].

The market is expected to continue growing, driven by technological advancements, increasing demand for EVs, and supportive government policies. However, market participants should be aware of the risks associated with fluctuations in raw material prices and regulatory changes.

References:

[1] https://finance.yahoo.com/news/battery-additives-market-reach-usd-143000690.html
[2] https://stockinvest.us/stock/CBT