Silicon-based Battery Anode Material market was valued at US$ 380 million in 2022 and is anticipated to reach US$ 3381.3 million by 2029, witnessing a CAGR of 42.1% - valuates Reports

Silicon-based Battery Anode Material market was valued at US$ 380 million in 2022 and is anticipated to reach US$ 3381.3 million by 2029, witnessing a CAGR of 42.1% during the forecast period 2023-2029.

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Silicon has been recognized as a one of the most promising anode materials to replace currently used graphite in the anodes of Li-ion batteries due to its high gravimetric theoretical lithium storage capacity. Fast charging is feasible due to the high porosity inherent to silicon anode solutions, while costs can be reduced because of silicon materials' high capacity, which results in lower material requirements. Silicon anodes are also considered safer because they help reduce the risk of lithium plating and dendrite formation, even though cycle and calendar life may need to be further demonstrated.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Shin-Etsu Chemical is the biggest manufacturer of the silicon-based battery anode material globally and holds over half of total market share. Geographically speaking, Asia-Pacific accounts for a dominant share of over 80% of total consumption. In terms of type, SiO/C segment holds over 60% of total market share. In terms of application, automotive segment holds a dominant share of about 80%.

This report aims to provide a comprehensive presentation of the global market for Silicon-based Battery Anode Material, 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 Silicon-based Battery Anode Material.
The Silicon-based Battery Anode Material market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Silicon-based Battery Anode Material market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Silicon-based Battery Anode Material manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

Segment by Type
SiO/C
Si/C

Segment by Application
Automotive
Consumer Electronics
Power Tools
Others

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