Lithium-Ion Battery Anode Market Scope
The Lithium-Ion Battery Anode Market Research Reports 2026 offers an extensive collection of reports on different markets covering crucial details. The report studies the competitive environment of the Lithium-Ion Battery Anode market is based on company profiles and their efforts on increasing product value and production. The lithium-ion battery anode market report discusses various factors driving or restraining the market, which will help the future market to grow with promising CAGR.
The lithium-ion battery anode market size is estimated at USD 8.4 billion in 2021 and projected to reach USD 21.0 billion by 2026, growing at a CAGR of 19.9%.
Lithium-Ion Battery Anode Market research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers, and challenges. The regional markets in the report are examined by analyzing the pricing of products in the region compared to the profit generated. The production capacity, demand and supply, logistics, and historical performance of the market in the given region are also evaluated in this market report.
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Some of the companies competing in the Lithium-Ion Battery Anode Market:
- Showa Denko Materials (Japan)
- JFE Chemical Corporation (Japan)
- Kureha Corporation (Japan)
- SGL Carbon (Germany)
- Shanshan Technology (China)
- POSCO CHEMICAL (South Korea)
The growing demand for electric vehicles along with high demand for lithium-ion batteries for industrial applications is driving the market growth. Moreover, strategies such as agreements and plant expansions undertaken by several prominent players in the lithium-ion battery anode industry are further fueling the lithium-ion battery anode industry growth across the globe.
Lithium-Ion Battery Anode Market Segmentation
Based on materials
- Active Anode Materials
- Natural Graphite
- Synthetic Graphite
- Silicon
- Li-Compounds & Metal
- Anode Binders
The synthetic graphite of lithium-ion battery anode market, by materials, is expected to be the largest market from 2021 to 2026.
Synthetic graphite is produced from pitch and coke. It is of a higher purity than natural graphite but is not as crystalline. It is used in specialty applications because of its superior uniformity and purity (>99%). Graphite end users, therefore, prefer synthetic graphite even though its price is three to four times than natural graphite, as synthetics graphite offers higher reliability and performance. Synthetic graphite provides smooth migration of lithium-ions and facilitates fast charge as compared to natural graphite. Therefore, It sees high demand for the lithium-ion battery for anode market during the forecast period.
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Based on battery product
- Cell
- Battery Pack
Based on end-use
- Automotive
- Non-Automotive
- Energy Storage
- Aerospace
- Marine
- Others
The automotive end-use segment is projected to lead the global lithium-ion battery anode market during the forecast period.
The automotive end-use industry is expected to be one of the major segments for lithium-ion battery anode market. Battery-driven vehicles such as electric vehicles, e-bikes, and automated guided vehicles, are major consumers of lithium-ion batteries. There is increasing competition between battery models installed in EVs owing to the need for operational excellence. Increasing adoption and awareness of EVs supports the growth of the lithium-ion battery market which in turn enhances the demand for lithium-ion battery anode.
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Based on the region
- Europe
- North America
- Asia Pacific
Europe lithium-ion battery anode market is projected to grow at the highest CAGR
Europe is the second-largest consumer of lithium-ion battery anode and accounted for a share of 6.1% of the global market, in terms of value, in 2020. The region is home to some of the largest battery manufacturers, such as Saft (France) and FIAMM (Italy). Batteries have major applications as clean, sustainable, and compact sources of power in automotive. The region is witnessing significant growth in the demand for EVs which is largely dependent on government incentives and funds. Growth in demand for electric vehicle has increased the demand for lithium-ion battery anode which in return has fueled the demand for lithium-ion battery anode in the region.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics.
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- It provides a six-year forecast assessed based on how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pinpoint analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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