Lithium-Ion Battery Anode Market Overview
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, upcoming trends, historical data, market size, share, CAGR, growth, drivers, restraints, expert reviews and forecast. The global lithium-ion battery 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).
report scope
This report aims to provide a comprehensive presentation of the global market for lithium ion battery anode, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding lithium ion battery anode.
Driver: Increasing in demand for electric vehicles
Restraint: Safety issues related to storage and transportation of batteries
Opportunity: Increasing adoption of lithium-ion batteries in new applications
Challenge: Overheating issues of lithium-ion batteries
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Lithium-Ion Battery Anode Market Key Players
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
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%).
By Battery Product
By End-use
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
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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.
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