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Battery Anode Materials Market worth $41.08 billion by 2030, growing at a CAGR of 9.45% - Exclusive Report by 360iResearch
Battery Anode Materials Market | 360iResearch
The Global Battery Anode Materials Market to grow from USD 21.82 billion in 2023 to USD 41.08 billion by 2030, at a CAGR of 9.45%.
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Battery anode materials encompass a range of materials used in negative electrodes or anode of various batteries. Anodes are crucial for battery operation as they host the lithium ions during discharging and recharging cycles, and the use of appropriate battery anode materials is crucial for the performance, safety, and efficiency of the batteries. The proliferation of electric vehicles, propelled by environmental concerns regarding vehicular emissions and supportive government policies for the production of EVs, has driven the need for advanced battery anode materials. Furthermore, the increasing adoption of portable electronics such as tablets, smartphones, and laptops commands the need for high-performance batteries, fostering growth in battery anode materials. However, constraints related to the usage and production of battery anode materials involve issues related to the environmental impact of mining or processing operations. Additionally, the performance degradation of battery anode materials over time poses a significant challenge. Researchers and key players are investing in R&D initiatives to develop or discover novel battery anode materials associated with enhanced performance characteristics. Furthermore, optimizing existing manufacturing methods to reduce costs and improve scalability and exploring sustainable methods of manufacturing battery anode materials can provide new avenues of growth for the battery anode materials market.
The Americas region, particularly the U.S. and Canada, is associated with the presence of several key EV manufacturers and producers of electronic devices, propelling the demand for battery anode materials. Additionally, the Americas region has experienced the expansion of battery anode material production facilities and the incorporation of advanced recycling technologies for graphite and silicon battery anode materials. Europe exhibits a strong commitment to environmental sustainability and has been a frontier in the adoption of clean energy technologies, including advanced battery systems and battery anode materials. Europe's strategic initiatives, such as the European Battery Alliance, aim to secure the supply chain for battery components and foster innovation in battery technologies, influencing the use and development of novel battery anode materials. The APAC region acts as a manufacturing base for EV and battery components, thereby fuelling the production of battery anode materials. APAC nations such as South Korea, China, and India are involved in research initiatives to develop innovative battery anode materials suited for energy storage systems. Furthermore, the demand for cost-effective, compact, and miniaturized electronic device components stimulates the need for battery anode materials.
Market Segmentation & Coverage:
This research report categorizes the Battery Anode Materials Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Material, market is studied across Active Anode Materials, Anode Binders, and Anode Foils. The Active Anode Materials is further studied across Li-Compounds & Metal, Natural Graphite, Silicon, and Synthetic Graphite. The Anode Binders is further studied across Polyvinylidene Fluoride and Styrene Butadiene Copolymer. The Anode Foils is further studied across Aluminium Foils and Copper Foil. The Active Anode Materials commanded largest market share of 42.65% in 2023, followed by Anode Binders.
Based on Battery Product, market is studied across Battery Pack and Cell. The Battery Pack commanded largest market share of 62.77% in 2023, followed by Cell.
Based on End-Use, market is studied across Automotive and Non-Automotive. The Non-Automotive is further studied across Aerospace, Energy Storage, and Marine. The Non-Automotive commanded largest market share of 62.12% in 2023, followed by Automotive.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 40.94% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Battery Anode Materials Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Battery Anode Materials Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Battery Anode Materials Market, highlighting leading vendors and their innovative profiles. These include Amprius Technologies, Inc., Anovion Technologies, BASF SE, BTR New Material Group Co., Ltd., Daejoo Electronic Materials Co., Ltd., E-magy, Enevate Corporation, Epsilon Advanced Materials Pvt. Ltd., Gotion High-tech Co., Ltd., Himadri Speciality Chemicals Ltd., Hunan Kingi Technology Co., Ltd., JFE Chemical Corporation, Kanthal AB, Kuraray Co., Ltd., Kureha Corporation, Mitsubishi Chemical Corporation, NEI Corporation, NEO Battery Materials Ltd., Nexeon Ltd., Ningbo Shanshan Co., Ltd., Nippon Carbon Co., Ltd., POSCO Chemical Co., Ltd., Resonac Holdings Corporation, SGL Carbon SE, Shin-Etsu Chemical Co., Ltd., Sila Nanotechnologies Inc., Sumitomo Chemical Co., Ltd., Talga Group, Targray Technology International Inc., Tokai Carbon Co., Ltd. by Cabot Corporation, and Vianode.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Battery Anode Materials Market, by Material
7. Battery Anode Materials Market, by Battery Product
8. Battery Anode Materials Market, by End-Use
9. Americas Battery Anode Materials Market
10. Asia-Pacific Battery Anode Materials Market
11. Europe, Middle East & Africa Battery Anode Materials Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Battery Anode Materials Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Battery Anode Materials Market?
3. What is the competitive strategic window for opportunities in the Battery Anode Materials Market?
4. What are the technology trends and regulatory frameworks in the Battery Anode Materials Market?
5. What is the market share of the leading vendors in the Battery Anode Materials Market?
6. What modes and strategic moves are considered suitable for entering the Battery Anode Materials Market?
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