Report Overview

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

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

1. Research Framework
   1. Research Objective
   2. Type Overview
   3. Key Market Segments
2. Research Methodology
   1. Qualitative Research
   2. Methodology
   3. Regional Split of Primary & Secondary Research
   4. Secondary Research
   5. Primary Research
      1. Breakdown of Primary Research Respondents, By Region
      2. Breakdown of Primary Research Respondents, By Industry Participants
   6. Market Size Estimation
   7. Assumptions for the Study
   8. Market Breakdown & Data Triangulation
3. Executive Summary
4. Industry Insight and Growth Strategy
   1. Value Chain Analysis
   2. DROC Analysis
      1. Market Drivers
         1. Increasing Electric Vehicle Production And Penetration
         2. Advancements In Lithium-Ion Battery Anode
      2. Market Restraints
         1. Slower Demand For Lithium-Ion Batteries
      3. Market Challenges
         1. Negative Influence of the COVID-19 Pandemic
      4. Market Opportunity
         1. Expanding Production Capacity Of Lithium-Ion Batteries
         2. Increasing R&D Activities In Lithium-Ion Batteries
   3. Recent Developments
   4. Porter’s Five Forces Analysis
      1. Bargaining Power of Buyers
      2. Bargaining Power of Suppliers
      3. Intensity of Rivalry
      4. Threat of New Entrants
      5. Threat of Substitutes
5. Global Lithium-Ion Battery Anode Market Overview
   1. Market Size & Forecast by Value, 2017-2027
   2. Market Size and Forecast, By Segment
      1. By Materials
         1. Active Anode Materials
            1. Natural Graphite
            2. Synthetic Graphite
            3. Silicon
            4. Li-Compounds & Li-Metal
         2. Anode Binders
      2. By Battery Products
         1. Cell
         2. Battery Pack
      3. By End-Use
         1. Automotive
         2. Non-Automotive
            1. Energy Storage
            2. Aerospace
            3. Marine
            4. Others
      4. By Region
         1. North America
         2. Europe
         3. Asia-Pacific
         4. Latin America
         5. Middle East & Africa
6. North America Lithium-Ion Battery Anode Market Overview
   1. Market Size and Forecast
      1. By Value (USDBillion), 2020-2027
   2. Market Share and Forecast
      1. By Materials
      2. By Battery Products
      3. By End-Use
      4. By Country
         1. U.S.
         2. Canada
7. Europe Lithium-Ion Battery Anode Market Overview
   1. Market Size and Forecast
      1. By Value (USDBillion), 2020-2027
   2. Market Share and Forecast
      1. By Materials
      2. By Battery Products
      3. By End-Use
      4. By Country
         1. Germany
         2. U.K.
         3. Russia
         4. France
         5. Italy
         6. Spain
         7. Rest of Europe
8. APAC Lithium-Ion Battery Anode Market Overview
   1. Market Size and Forecast
      1. By Value (USDBillion), 2020-2027
   2. Market Share and Forecast
      1. By Materials
      2. By Battery Products
      3. By End-Use
      4. By Country
         1. China
         2. India
         3. Japan
         4. South Korea
         5. Rest of APAC
9. LATAM Lithium-Ion Battery Anode Market Overview
   1. Market Size and Forecast
      1. By Value (USDBillion), 2020-2027
   2. Market Share and Forecast
      1. By Materials
      2. By Battery Products
      3. By End-Use
      4. By Country
         1. Mexico
         2. Brazil
         3. Rest of LATAM
10. MEA Lithium-Ion Battery Anode Market Overview
    1. Market Size and Forecast
       1. By Value (USDBillion), 2020-2027
    2. Market Share and Forecast
    3. By Materials
    4. By Battery Products
    5. By End-Use
    6. By Country
       1. Saudi Arabia
       2. UAE
       3. South Africa
       4. Rest of MEA
11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis (2020)
    3. Competitive Benchmarking ByOperating Parameters
12. Impact of COVID-19 on Global Lithium-Ion Battery Anode Market
13. Company Profiles (Company Overview, Financial Matrix, KeyType landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
    1. Panasonic Corporation
    2. XALT Energy
    3. Tesla
    4. Amperex Technology Limited
    5. Samsung SDI Co.,Ltd.
    6. A123 Systems LLC
    7. LG Chem.
    8. Shenzhen BAK Technology Co.
    9. Saft Groupe S.A.
    10. TotalEnergies
    11. CALB USA Inc.
    12. Lithium Energy Japan
    13. Tianjin Lishen Battery Co., Ltd
    14. Shenzhen A&S Power Technology Co., Ltd.
    15. LITHIUMWERKS
    16. GlobTek, Inc.
    17. BYD Company Ltd.
    18. VARTA AG.
    19. Toshiba Corporation
    20. Other Prominent Players
14. 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