Global Lithium Ion Battery Anode Market
Global Lithium-Ion Battery Anode Market, By Materials (Active Anode Materials, Anode Binders), By Battery Products (Cell, Battery Pack), By End-Use (Automotive, Non-Automotive), By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA) Trend Analysis, Competitive Market Share & Forecast, 2017-2027
- Published Date: September 2021
- Report ID: BWC2196
- Available Format: PDF
- Page: 191
Report Overview
Global lithium-ion battery anode market is growing at a high CAGR because of the increasing usage of lithium-ion batteries in the renewable energy sector. Additionally, the market is being driven by the growing need for battery-operated material-handling equipment in the industrial sector.
Global Lithium-Ion Battery Anode Market- Industry Trends & Forecast Report 2027
Global lithium-ion battery anode market was worth USD 7.1 billion in 2020 and is further projected to reach USD 24.8 billion by the year 2027, growing at a CAGR of 19.6% in the forecast period. The growing demand for lithium-ion batteries in electric vehicles and other industrial applications is significantly propelling the demand for lithium-ion battery anode. Also, the establishment of new plants by battery vendors will contribute to the growth of the lithium-ion battery anode market during the forecast period.
Source: BlueWeave Consulting
Global Lithium-Ion Battery Anode Market- Overview
Lithium-ion batteries, often known as Li-ion batteries, are rechargeable batteries.These batteries are composed ofan anode, cathode, separator, electrolyte, and two current collectors. Each component of a lithium-ion battery plays an essential role in its operation.The anode and cathode store the lithium. The anode part (or negative electrode) of the lithium batteries is made up of graphite, coated on copper foil. Lithium is generally used as anode material as itisan excellent reducing agent and highly electropositive, which means the higher voltage is obtained depending upon the cathode used.
Global Lithium-Ion Battery Anode Market Forecast and Trends
Growth Drivers
Increasing Electric Vehicle Production and Penetration
Electric vehicles use lithium-ion batteries as a source of power. The growing production of electric vehicles to meet the increasing demand in various parts of the worldsignificantly propels the demand for lithium-ion battery anode. Across the United States alone, electric cars have increased from one million in 2018 to 18 million by 2025.Lithium-ion batteries are prominently used in electric vehicles because of their high power-to-weight ratio, high energy efficiency, and goodhigh-temperature performance. As a result of the rising use of lithium-ion batteries in electric vehicles, the demand for anodes is expected to rise. It is one of the essential components of the lithium-ion battery.
Advancements in Lithium-Ion Battery Anode
Lithium-ion battery manufacturers are investing heavily in research and development activities to improve the energy capacity and density of the lithium-ion battery anode. For instance, the shift from natural or synthetic graphite to silicon for manufacturing lithium-ion anodes is opening new growth prospects for the market. The latest research conducted by the Okinawa Institute of Science and Technology Graduate University (OIST) has identified a specific component, silicon, that strengthens the anode in lithium-ion batteries. Such advancements are expected to boost the market in the forecast period.
Restraints
Slower Demand for Lithium-Ion Batteries
The demand for lithium-ion batteries is witnessing slower demand in the market due to the disadvantages associated with them. Lithium-ion batteries are designed to last only two to three years from the manufacturer, increasing the cost of frequent replacements. This type of battery is also susceptible to high temperatures as lithium is a highly unstable chemical. Aviation and safety experts have also expressed concern over the increasing number of fire incidents caused by malfunctioning Li-ion batteries in devices carried by passengers on airlines. Although lithium-ion batteries are rechargeable, they cannot be charged again once they have been depleted. Such limitations of lithium-ion batteries also restrict the global lithium-ion battery anode market.
Impact of COVID-19 on Global Lithium-Ion Battery Anode Market
The unprecedented outbreak of the COVID-19-induced pandemic significantly affected the global lithium-ion battery anode market. The manufacturing and production operation of batteries were temporarily halted due to the nationwide lockdowns imposed by several countries to check the spread of the deadly coronavirus. This resulted in severe losses to the lithium-ion battery anode manufacturers. The prevalent shortage of chips in the post-COVID-19 period is also obstructing the production of consumer electronics which is hampering the market growth. Because of this setback, the market is expected to take some time to recover and reach its pre-COVID levels.
Global Lithium-Ion Battery Anode Market - By Materials
Based on materials, the global lithium-ion battery anode market is segmented into active anode materials and anode binders. The active anode materials segment accounts for the largest market share. This segment is further divided into natural graphite, synthetic graphite, silicon, li-compounds & li-metal. Graphite is commonly used as the active material in negative electrodes mainly because it can reversibly place lithium-ion between its many layers. However, silicon material is emerging as an effective alternative to graphite anodes because of its high theoretical capacity and low discharge.
Global Lithium-Ion Battery Anode Market - By Battery Products
Based on battery products, the global lithium-ion battery anode market is segmented into cell and battery packs. The cells segmentholds the largest market share because of the availability of a wide range of lithium-ion cells of different shapes and sizes. Li-ion cells, as opposed to entire batteries, are available in four shapes: small cylindrical (especially in older laptop batteries), large cylindrical (durable body with large threaded terminals), rigid plastic case with large threaded terminals (example, EV traction packs), and flat or pouch (found in smartphones/new laptops).
Global Lithium-Ion Battery Anode Market - Regional Insights
Geographically, the global lithium-ion battery anode market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. The Asia-Pacific region accounts for the largest market share because of the flourishing consumer electronic manufacturing industry which fuels the demand for lithium-ion battery anode. Emerging economies like China, India, Japan, Australia, etc., hold great growth potential in the production of lithium-ion battery anodes because of rapid industrialization. However, North America and Europe also cover substantial shares in the market.
Competitive Landscape
The leading players in the global lithium-ion battery anode market are Panasonic Corporation, XALT Energy, Tesla, Amperex Technology Limited, Samsung SDI Co., Ltd., A123 Systems LLC, LG Chem., Shenzhen BAK Technology Co., Saft Groupe S.A., TotalEnergies, CALB USA Inc., Lithium Energy Japan, Tianjin Lishen Battery Co., Ltd, Shenzhen A&S Power Technology Co., Ltd., LITHIUMWERKS, GlobTek, Inc., BYD Company Ltd., VARTA AG., Toshiba Corporation, and other prominent players.
The market is highly fragmented with the presence of several industry participants and yet consolidated with the penetration of global giants such as Panasonic, Tesla, Toshiba, etc. The manufacturers are significantly investing in R&D activities to improve their products and expand their production capacities to meet the market’s growing demand. Furthermore, the adoption of competitive strategies like mergers, acquisitions, partnerships, collaborations, etc., is also very prominent in this market.
Recent Developments
- In September 2021, Sila, Inc., a US-based materials company, announced to have developed silicon-based particles that can replace the graphite in anodes and hold more of the lithium-ions that carry the current in the battery.
- In September 2021, Redwood Materials, a company started by former Tesla co-founder JB Straubel, announced its plan ofinvesting USD 1 billion towards expanding its business in producing critical battery materials such as cathode and anode foils.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical data – 2017-2020 Base Year – 2020 Forecast – 2021 – 2027 |
Facts Covered |
Revenue in USD Billion |
Market Coverage |
U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia |
Product Service/Segmentation |
By Materials, By Battery Products, By End-Use, By Region |
Key Players |
Panasonic Corporation, XALT Energy, Tesla, Amperex Technology Limited, Samsung SDI Co., Ltd., A123 Systems LLC, LG Chem., Shenzhen BAK Technology Co., Saft Groupe S.A., TotalEnergies, CALB USA Inc., Lithium Energy Japan, Tianjin Lishen Battery Co., Ltd, Shenzhen A&S Power Technology Co., Ltd., LITHIUM WERKS, GlobTek, Inc., BYD Company Ltd., VARTA AG., Toshiba Corporation, and other prominent players. |
By Materials
- Active Anode Materials
Natural Graphite
Synthetic Graphite
Silicon
Li-Compounds & Li-Metal
- Anode Binders
By Battery Products
- Cell
- Battery Pack
By End-Use
- Automotive
- Non-Automotive
Energy Storage
Aerospace
Marine
Others
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- Research Framework
- Research Objective
- Type Overview
- Key Market Segments
- Research Methodology
- Qualitative Research
- Methodology
- Regional Split of Primary & Secondary Research
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Breakdown of Primary Research Respondents, By Industry Participants
- Market Size Estimation
- Assumptions for the Study
- Market Breakdown & Data Triangulation
- Executive Summary
- Industry Insight and Growth Strategy
- Value Chain Analysis
- DROC Analysis
- Market Drivers
- Increasing Electric Vehicle Production And Penetration
- Advancements In Lithium-Ion Battery Anode
- Market Restraints
- Slower Demand For Lithium-Ion Batteries
- Market Challenges
- Negative Influence of the COVID-19 Pandemic
- Market Opportunity
- Expanding Production Capacity Of Lithium-Ion Batteries
- Increasing R&D Activities In Lithium-Ion Batteries
- Market Drivers
- Recent Developments
- Porter’s Five Forces Analysis
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Intensity of Rivalry
- Threat of New Entrants
- Threat of Substitutes
- Global Lithium-Ion Battery Anode Market Overview
- Market Size & Forecast by Value, 2017-2027
- Market Size and Forecast, By Segment
- By Materials
- Active Anode Materials
- Natural Graphite
- Synthetic Graphite
- Silicon
- Li-Compounds & Li-Metal
- Anode Binders
- Active Anode Materials
- By Battery Products
- Cell
- Battery Pack
- By End-Use
- Automotive
- Non-Automotive
- Energy Storage
- Aerospace
- Marine
- Others
- By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- By Materials
- North America Lithium-Ion Battery Anode Market Overview
- Market Size and Forecast
- By Value (USDBillion), 2020-2027
- Market Share and Forecast
- By Materials
- By Battery Products
- By End-Use
- By Country
- U.S.
- Canada
- Market Size and Forecast
- Europe Lithium-Ion Battery Anode Market Overview
- Market Size and Forecast
- By Value (USDBillion), 2020-2027
- Market Share and Forecast
- By Materials
- By Battery Products
- By End-Use
- By Country
- Germany
- U.K.
- Russia
- France
- Italy
- Spain
- Rest of Europe
- Market Size and Forecast
- APAC Lithium-Ion Battery Anode Market Overview
- Market Size and Forecast
- By Value (USDBillion), 2020-2027
- Market Share and Forecast
- By Materials
- By Battery Products
- By End-Use
- By Country
- China
- India
- Japan
- South Korea
- Rest of APAC
- Market Size and Forecast
- LATAM Lithium-Ion Battery Anode Market Overview
- Market Size and Forecast
- By Value (USDBillion), 2020-2027
- Market Share and Forecast
- By Materials
- By Battery Products
- By End-Use
- By Country
- Mexico
- Brazil
- Rest of LATAM
- Market Size and Forecast
- MEA Lithium-Ion Battery Anode Market Overview
- Market Size and Forecast
- By Value (USDBillion), 2020-2027
- Market Share and Forecast
- By Materials
- By Battery Products
- By End-Use
- By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- Market Size and Forecast
- Competitive Landscape
- List of Key Players and Their Offerings
- Market Share Analysis (2020)
- Competitive Benchmarking ByOperating Parameters
- Impact of COVID-19 on Global Lithium-Ion Battery Anode Market
- Company Profiles (Company Overview, Financial Matrix, KeyType landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
- Panasonic Corporation
- XALT Energy
- Tesla
- Amperex Technology Limited
- Samsung SDI Co.,Ltd.
- A123 Systems LLC
- LG Chem.
- Shenzhen BAK Technology Co.
- Saft Groupe S.A.
- TotalEnergies
- CALB USA Inc.
- Lithium Energy Japan
- Tianjin Lishen Battery Co., Ltd
- Shenzhen A&S Power Technology Co., Ltd.
- LITHIUMWERKS
- GlobTek, Inc.
- BYD Company Ltd.
- VARTA AG.
- Toshiba Corporation
- Other Prominent Players
- Key Strategic Recommendations
List of Figures
Figure 1: Global Lithium-Ion Battery Anode Segmentation
Figure 2: Global Lithium-Ion Battery Anode Market Value Chain Analysis,
Figure 3: Company Market Share Analysis, 2020
Figure 4: Global Lithium-Ion Battery Anode Market Size, By Value (USD Billion), 2020-2027
Figure 5: Global Lithium-Ion Battery Anode Market Share (%), By Materials, By Value, 2020-2027
Figure 6: Global Lithium-Ion Battery Anode Market Share (%), By Battery Products, By Value, 2020-2027
Figure 7: Global Lithium-Ion Battery Anode Market Share (%), By End-Use, By Value, 2020-2027
Figure 8: Global Lithium-Ion Battery Anode Market Share (%), By Region, By Value, 2020-2027
Figure 9: North America Lithium-Ion Battery Anode Market Size, By Value (USD Billion), 2020-2027
Figure 10: North America Lithium-Ion Battery Anode Market Share (%), By Materials, By Value, 2020-2027
Figure 11: North America Lithium-Ion Battery Anode Market Share (%), By Battery Products, By Value, 2020-2027
Figure 12: North America Lithium-Ion Battery Anode Market Share (%), By End-Use, By Value, 2020-2027
Figure 13: North America Lithium-Ion Battery Anode Market Share (%), By Country, By Value, 2020-2027
Figure 14: Europe Lithium-Ion Battery Anode Market Size, By Value (USD Billion), 2020-2027
Figure 15: Europe Lithium-Ion Battery Anode Market Share (%), By Materials, By Value, 2020-2027
Figure 16: Europe Lithium-Ion Battery Anode Market Share (%), By Battery Products, By Value, 2020-2027
Figure 17: Europe Lithium-Ion Battery Anode Market Share (%), By End-Use, By Value, 2020-2027
Figure 18: Europe Lithium-Ion Battery Anode Market Share (%), By Country, By Value, 2020-2027
Figure 19: the Asia-Pacific Lithium-Ion Battery Anode Market Size, By Value (USD Billion), 2020-2027
Figure 20: the Asia-Pacific Lithium-Ion Battery Anode Market Share (%), By Materials, By Value, 2020-2027
Figure 21: the Asia-Pacific Lithium-Ion Battery Anode Market Share (%), By Battery Products, By Value, 2020-2027
Figure 22: the Asia-Pacific Lithium-Ion Battery Anode Market Share (%), By End-Use, By Value, 2020-2027
Figure 23: the Asia-Pacific Lithium-Ion Battery Anode Market Share (%), By Country, By Value, 2020-2027
Figure 24: Latin America Lithium-Ion Battery Anode Market Size, By Value (USD Billion), 2020-2027
Figure 25: Latin America Lithium-Ion Battery Anode Market Share (%), By Materials, By Value, 2020-2027
Figure 26: Latin America Lithium-Ion Battery Anode Market Share (%), By Battery Products, By Value, 2020-2027
Figure 27: Latin America Lithium-Ion Battery Anode Market Share (%), By End-Use, By Value, 2020-2027
Figure 28: Latin America Lithium-Ion Battery Anode Market Share (%), By Country, By Value, 2020-2027
Figure 29: Middle East & Africa Lithium-Ion Battery Anode Market Size, By Value (USD Billion), 2020-2027
Figure 30: Middle East & Africa Lithium-Ion Battery Anode Market Share (%), By Materials, By Value, 2020-2027
Figure 31: Middle East & Africa Lithium-Ion Battery Anode Market Share (%), By Battery Products, By Value, 2020-2027
Figure 32: Middle East & Africa Lithium-Ion Battery Anode Market Share (%), By End-Use, By Value, 2020-2027
Figure 33: Middle East & Africa Lithium-Ion Battery Anode Market Share (%), By Region, By Value, 2020-2027
List of Tables
Table 1: Global Lithium-Ion Battery Anode Market Size, By Materials, By Value, 2020-2027
Table 2: Global Lithium-Ion Battery Anode Market Size, By Battery Products, By Value(USD Billion), 2020-2027
Table 3: Global Lithium-Ion Battery Anode Market Size, By End-Use, By Value(USD Billion), 2020-2027
Table 4: Global Lithium-Ion Battery Anode Market Size, By Region, By Value(USD Billion), 2020-2027
Table 5: North America Lithium-Ion Battery Anode Market Size, By Materials, By Value (USD Billion), 2020-2027
Table 6: North America Lithium-Ion Battery Anode Market Size, By Battery Products, By Value (USD Billion), 2020-2027
Table 7: North America Lithium-Ion Battery Anode Market Size, By End-Use, By Value (USD Billion), 2020-2027
Table 8: North America Lithium-Ion Battery Anode Market Size, By Country, By Value (USD Billion), 2020-2027
Table 9: Europe Lithium-Ion Battery Anode Market Size, By Materials, By Value (USD Billion), 2020-2027
Table 10: Europe Lithium-Ion Battery Anode Market Size, By Battery Products, By Value (USD Billion), 2020-2027
Table 11: Europe Lithium-Ion Battery Anode Market Size, By End-Use, By Value (USD Billion), 2020-2027
Table 12: Europe Lithium-Ion Battery Anode Market Size, By Country, By Value (USD Billion), 2020-2027
Table 13: the Asia-Pacific Lithium-Ion Battery Anode Market Size, By Materials, By Value (USD Billion), 2020-2027
Table 14: the Asia-Pacific Lithium-Ion Battery Anode Market Size, By Battery Products, By Value (USD Billion), 2020-2027
Table 15: the Asia-Pacific Lithium-Ion Battery Anode Market Size, By End-Use, By Value (USD Billion), 2020-2027
Table 16: the Asia-Pacific Lithium-Ion Battery Anode Market Size, By Country, By Value (USD Billion), 2020-2027
Table 17: Latin America Lithium-Ion Battery Anode Market Size, By Materials, By Value (USD Billion), 2020-2027
Table 18: Latin America Lithium-Ion Battery Anode Market Size, By Battery Products, By Value (USD Billion), 2020-2027
Table 19: Latin America Lithium-Ion Battery Anode Market Size, By End-Use, By Value (USD Billion), 2020-2027
Table 20: Latin America Lithium-Ion Battery Anode Market Size, By Country, By Value (USD Billion), 2020-2027
Table 21: The Middle-East & Africa Lithium-Ion Battery Anode Market Size, By Materials, By Value (USD Billion), 2020-2027
Table 22: The Middle-East & Africa Lithium-Ion Battery Anode Market Size, By Battery Products, By Value (USD Billion), 2020-2027
Table 23: The Middle-East & Africa Lithium-Ion Battery Anode Market Size, By End-Use, By Value (USD Billion), 2020-2027
Table 24: The Middle-East & Africa Lithium-Ion Battery Anode Market Size, By Country, By Value (USD Billion), 2020-2027
Table 25: Panasonic Corporation Financial Analysis
Table 26: Panasonic Corporation Business Overview
Table 27: XALT Energy Financial Analysis
Table 28: XALT EnergyBusiness Overview
Table 29: Tesla Corporation Financial Analysis
Table 30: Tesla Corporation Business Overview
Table 31: Amperex Technology Limited Financial Analysis
Table 32: Amperex Technology Limited Business Overview
Table 33: Samsung SDI Co.,Ltd. Financial Analysis
Table 34: Samsung SDI Co.,Ltd. Business Overview
Table 35: A123 Systems LLC Financial Analysis
Table 36: A123 Systems LLC Business Overview
Table 37: LG Chem. Financial Analysis
Table 38: LG Chem. Business Overview
Table 39: Shenzhen BAK Technology Co. Financial Analysis
Table 40:Shenzhen BAK Technology Co. Business Overview
Table 41: Saft Groupe S.A.Financial Analysis
Table 42: Saft Groupe S.A.Business Overview
Table 43: Total EnergiesFinancial Analysis
Table 44: Total Energies Business Overview
Table 45: CALB USA Inc.Financial Analysis
Table 46: CALB USA Inc. Financial Analysis
Table 47: Lithium Energy Japan Financial Analysis
Table 48: Lithium Energy Japan Business Overview
Table 49:Tianjin Lishen Battery Co., Ltd Financial Analysis
Table 50:Tianjin Lishen Battery Co., Ltd Business Overview
Table 51:Shenzhen A&S Power Technology Co., Ltd. Financial Analysis
Table 52:Shenzhen A&S Power Technology Co., Ltd. Business Overview
Table 53:LITHIUMWERKS Financial Analysis
Table 54:LITHIUMWERKS Business Overview
Table 55:GlobTek, Inc. Financial Analysis
Table 56:GlobTek, Inc. Business Overview
Table 57:BYD Company Ltd. Financial Analysis
Table 58:BYD Company Ltd. Business Overview
Table 59:VARTA AG. Financial Analysis
Table 60:VARTA AG. Business Overview
Table 61:Toshiba Corporation Financial Analysis
Table 62:Toshiba Corporation Business Overview
Market Segmentation
By Materials
- Active Anode Materials
Natural Graphite
Synthetic Graphite
Silicon
Li-Compounds & Li-Metal
- Anode Binders
By Battery Products
- Cell
- Battery Pack
By End-Use
- Automotive
- Non-Automotive
Energy Storage
Aerospace
Marine
Others
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
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