The global lithium-ion battery anode market is growing at a considerable CAGR of 18.2% during the forecast period. The growing adoption of lithium-ion batteries for industrial applications, increasing investment by companies in the R&D initiatives is considered as the prime factors affecting and driving the market. Additionally, the increasing adoption of solar energy for electricity generation along with rapid technological innovations, are also estimated to be the key factors that are contributing significantly towards the growth of the market. However, issue related to the safety of batteries in storage and transportation is the major factor constraints that are hindering the growth of the global lithium-ion battery anode market across the globe.
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Moreover, the growing adoption of lithium-ion batteries in new applications is one of the key factors that are creating opportunities in the market. New product launches and collaboration in the market are likely to drive the growth of the global lithium-ion battery anode market. For instance, in April 2021, Shanshan Technology that is considered as one of the Chinese lithium battery material producers will enlarge its lithium-ion battery anode material production base in north china. The investment for the new plant is around $235 million that has a capacity of 60,000 t/yr of anode material along with 52,000 t/yr of the graphite processing operation. The plant is expected to be complete within 15 months.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Lithium-Ion Battery Anode Market
By Materials
- Active Anode Materials
- Anode Binders
By Battery Product
- Cell
- Battery Pack
By End-Use
- Automotive
- Non- Automotive
Global Lithium-Ion Battery Anode Market
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global lithium-ion battery anode market based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
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