Growing Adoption of Lithium-Ion Battery in Consumer Electronics and High Energy Storage Capacity of Silicon are Expected to Drive Global Silicon Anode Material Battery Market, in the forecast period of 2019 to 2026

Drivers: Global Silicon Anode Material Battery Market

GROWING ADOPTION OF LITHIUM-ION BATTERY IN CONSUMER ELECTRONICS

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Lithium ion batteries are being extensively penetrated in the electronics industry, especially in smartphones due to their various positive traits, such as high energy density, long shelf life, low maintenance and they are user-replaceable. The lithium-ion battery market is set to witness a strong growth over the coming years due to established place in power and energy densities for mobile applications, such as pacemakers, digital cameras, PDAs and smartphones, watches, calculators, laser pointers, remote car locks, thermometers among other electronic devices.

For an instance, iPhone manufacturers use lithium-ion (Li-ion) batteries, for the better energy storage capacity and enhanced performance.

HIGH ENERGY STORAGE CAPACITY OF SILICON

Silicon has the enormous storage capacity which makes it potentially decisive advantageous over the materials used in commercially available lithium-ion batteries. Silicon demonstrates much larger energy density than graphite that a ton of silicon is capable of storing enough energy to power approximately 28 houses for a day. Use of silicon anode battery enhances the potential of the battery by storing such vast amount of energy, which drives the commercialization of silicon in lithium ion batteries. For an instance, the high energy storage helps automobile manufacturers to increase electric range of vehicles with less number of batteries.

For an instance, current requirements in smartphones, such as playing high graphic resolution games along with ROM/RAM utilization, video streaming and other operations reduce the battery performance, which can be increased by ten times by replacing graphite with silicon.

Such enormous energy storage capacity of silicon enhances the potential of the battery which is expected to drive the growth of silicon anodes in lithium-ion batteries

Restraint

HIGH INITIAL INVESTMENT COST FOR DATA CENTER CONSTRUCTION

The increasing number of businesses across the world has increased the demand for data centres for managing the data that is generated on the daily basis. The increasing installation of servers tends to increase the organization infrastructure cost for setting up the whole architecture. As a result, server manufacturers are developing high-density cabinets that will help organizations to efficiently manage those servers.  For setting up the entire infrastructure, the organisation has to invest heavily at initial stage. Due to this, small enterprises do not have budget for the construction of data centre to manage these servers separately, as these small enterprises has limited budget that restrict them to spend on data center construction.

For instance, the cost of per square foot for data center construction is between USD1, 300 and USD 2,000 and this includes construction, infrastructure, computer servers and others.

Hence, high initial cost to construction data center for storing data and managing server is hampering the overall growth of the data center construction market globally.

Opportunity

LOW PRODUCTION OF GRAPHITE

Due to exploitation of natural resources, graphite production is coupled with strict regulations, which results into short supply of graphite. Silicon has emerged as the best alternative for graphite especially for batteries because the availability of graphite is limited as per the requirement. For an instance, a large electric vehicle battery requires about 25Kg of the graphite for the lithium-ion anode, which could cause short supply of graphite in terms of consumption and price.

Production of anode-grade graphite is expensive and also its process includes creation of waste, whereas, silicon is the second most abundant element on the earth, which makes it a cost-effective resource. For an instance, China has steadily been forcing the graphite producers to close in response to rising pollution; this may cause the rise in prices of batteries. The rapidly growing demand for lithium-ion batteries has augmented a substitute resource, silicon.

Challenge

VOLUMETRIC EXPANSION OF SILICON ANODE

Li–ion batteries are the rechargeable batteries for energy storing purpose. In Li-ion batteries, silicon is a best material for fabricating next-generation Li-ion batteries because silicon has the potential to increase longer cycle life of batteries and has higher energy density to help meet the high requirements of electric vehicle. Also, the diffusion of lithium plays one of the dominant roles in lithiation of amorphous silicon, thereby hampering the overall growth. For instance, large volumetric expansion up to 400% of silicon anodes causes degradation of silicon particles and destruction of the SEI (solid-electrolyte interphase). In addition to it, this issue can create drastic capacity fade and can damage the electrodes in the batteries which hinder the commercial application of silicon anodes in lithium ion batteries.

Hence, volumetric expansion of silicon anode can be considered as one of the restraining factors for the China, Japan and Korea silicon anode material battery market.

Market Trends

The global silicon anode battery material market is segmented into three notable segments which are raw material, battery application and end-users.

  • On the basis of raw material, the market segmented into silicon compounds and silicon isotopes. Silicon compounds segment is sub-segmented into silicon dioxide (silica), silicon oxide, silicon monoxide, silicon carbide (SIC) and others. Silicon isotopes segment is sub-segmented into 28SI, 29SI and 30SI
  • On the basis of battery application, the market is segmented into pure anode silicon battery and siliconX Battery
  • On the basis of end-users, the market is segmented into automotive, electronics, energy and power and others

Major Players: Global Silicon Anode Material Battery Market

Some of the prominent participants operating in this market are Targray Group, Elkem ASA, Shin-Etsu Chemical Co., Ltd., JSR Corporation, Albemarle Corporation, Orange Power Ltd., BTR New Energy Material Ltd., NEXEON LTD, California Lithium Battery, Nanotek Instruments, Zeptor Corporation, OneD Material, LLC, Edgetech Industries LLC, and Applied Material Solutions among others.