Silicon Anode Material market was valued at US$ 378.8 million in 2022 and is anticipated to reach US$ 3378.9 million by 2029, witnessing a CAGR of 42.1% - valuates reports

Silicon Anode Material market was valued at US$ 378.8 million in 2022 and is anticipated to reach US$ 3378.9 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.
Global core silicon anode material manufacturers include BTR, Shin-Etsu Chemical, Daejoo Electronic Materials etc.The top 1 company hold a share about 50%.Asia-Pacific is the largest market, with a share about 80%, followed by Europe and North America with the share both about 8%.In terms of product, SiO/C is the largest segment, with a share over 65%. And in terms of application, the largest application is automotive.

This report aims to provide a comprehensive presentation of the global market for Silicon 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 Anode Material.
The Silicon 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 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 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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