The automotive industry is undergoing a rapid transformation towards electric vehicles (EVs) as a means of reducing emissions and improving sustainability. Lithium-ion batteries are the primary power source for EVs, and the performance of these batteries is crucial to the success of these vehicles. One of the most important components of a lithium-ion battery is the anode. The anode plays a critical role in storing and releasing the lithium ions that provide the electrical energy for the vehicle. The performance of the anode is critical to the overall performance and lifespan of the battery.
The growing demand for electric vehicles along with high demand for lithium-ion batteries for industrial applications is driving the market growth. 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. Report 2024 is spread across 163 pages and research report provides an in-depth market evaluation by highlighting information on various aspects covering global drivers, barriers, opportunities, threats and markets including progress trends, competitive landscape analysis, and expansion status of key regions
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=147095907
In recent years, there have been significant developments in the design and manufacture of lithium-ion battery anodes. One of the most promising developments is the use of silicon anodes. Silicon anodes have a higher theoretical capacity than traditional graphite anodes, which means they can store more energy and provide longer battery life. However, silicon anodes have historically had issues with stability and durability, which has limited their commercial viability. Recent advancements in silicon anode technology, such as the use of nanostructured silicon and carbon coatings, are helping to address these issues and make silicon anodes a more attractive option for the automotive industry.
Another promising development in the lithium-ion battery anode market is the use of solid-state electrolytes. Solid-state electrolytes are non-flammable and have higher energy density than liquid electrolytes, which are commonly used in lithium-ion batteries. This makes them an attractive option for the automotive industry, where safety and performance are critical factors. However, the development of solid-state electrolytes is still in its early stages, and there are still challenges to overcome in terms of cost and scalability.
The demand for high-performance and long-lasting batteries is growing rapidly in the automotive industry. As a result, there is a great deal of research and development focused on improving the performance of lithium-ion battery anodes. Silicon anodes, solid-state electrolytes, and other advancements in anode technology are driving innovation and pushing the limits of what is possible in the EV market.
Driver: Increasing in demand for electric vehicles
Restraint: Safety issues related to storage and transportation of batteries
Opportunity: Increasing adoption of lithium-ion batteries inac new applications
Challenge: Overheating issues of lithium-ion batteries
Get Sample Copy of this Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=147095907
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
Speak to Expert: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=147095907
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
- 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
View Full Report with TOC & List of Figure: https://www.marketsandmarkets.com/Market-Reports/lithium-ion-battery-anode-market-147095907.html
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
