What is Lithium-Ion Battery Anode Industry?
The lithium-ion battery anode industry is a sector of the broader battery industry that is involved in the manufacture, development, and supply of anode materials used in lithium-ion batteries. An anode is the electrode in a battery that serves as the site of oxidation, where electrons are released, and lithium ions are absorbed. Anodes are typically made from carbon-based materials, such as graphite, which have a high capacity for storing lithium ions. The demand for lithium-ion batteries has grown rapidly in recent years, driven by the increasing use of electric vehicles, portable electronic devices, and renewable energy storage systems.
Lithium-Ion Battery Anode Market Scope
Lithium-Ion Battery Anode Market Research Report 2022 includes in-depth analysis of the sector, including components, models, and development sizes. The report also provides the overall market current status, lithium-ion battery anode market upcoming trends, historical data, market size, share, CAGR, growth, drivers, restraints, expert reviews and forecast. The global lithium-ion battery anode market size is projected to grow from USD 8.4 billion in 2021 to USD 21.0 billion by 2026, at a CAGR of 19.9% from 2021 to 2026. The growing demand for electric vehicles along with the 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. The report shares Lithium-Ion Battery Anode market analysis by Materials (Active Anode Materials and Anode Binders), Battery Product (Cell and Battery Pack), End-Use (Automotive and Non-Automotive), and Region (Europe, North America, and Asia Pacific).
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Lithium-Ion Battery Anode Market Key Players
- Showa Denko Materials (Japan)
- JFE Chemical Corporation (Japan)
- Kureha Corporation (Japan)
- SGL Carbon (Germany)
- Shanshan Technology (China)
- POSCO CHEMICAL (South Korea)
Showa Denko Materials is one of the leading companies engaged in the manufacturing of lithium-ion battery materials. The company manufactures a wide range of chemicals and electronics related products.
JFE Chemical Corporation manufactures organic and chemical materials. JFE Chemical Corporation works as a subsidiary of JFE Steel which is one of the business division of JFE Group Holdings. The company was formed with the merger of the Chemicals Division of Kawasaki Steel Corporation and Adchemco which was the chemicals business subsidiary of NKK Corporation.
Lithium-Ion Battery Anode Market Segmentation
This research report categorizes the lithium-ion battery anode market based on materials, battery product, end-use, and region.
By 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%).
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By Battery Product
- Cell
- Battery Pack
By 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.
By Region
- Europe
- North America
- Asia Pacific
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Europe lithium-ion battery anode market is projected to grow at the highest CAGR
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.
Table of Contents:
- Executive Summary
- Scope/opportunities of the Lithium-Ion Battery Anode Market Report
- Research Methodology
- Lithium-Ion Battery Anode Market Landscape
- SWOT Analysis
- Market Sizing
- Lithium-Ion Battery Anode Market Segmentation
- Customer Landscape
- Regional Landscape
- Business Decision Framework
- Drivers And Challenges
- Lithium-Ion Battery Anode Market Key Trends
- Players Landscape
- Players Analysis
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