Press Release

SHIN-ETSU CHEMICAL CO., LTD., ELKEM ASA, JSR CORPORATION is dominating the market for Global Silicon Anode Battery Material Market in 2019

Global silicon anode material battery market is expected to reach USD 2,824.31 million by 2026 from USD 157.92 million in 2018, at a CAGR of 43.4% in the forecast period of 2019 to 2026. The years considered for study are as mentioned below.

Access Full Report at https://databridgemarketresearch.com/reports/global-silicon-anode-material-battery-market

The pressure sensors market is a highly concentrated market which includes key players and local players. The market has witnessed increased various strategic developments owing to favourable market scenario. The market has a prominent growth in upcoming years due to growing adoption of lithium-ion battery in consumer electronics, high energy storage capacity of silicon, cost-effective material and upsurge in demand for silicone anode battery in automotive industry. The high global smartphone consumption, high global electric vehicle consumption and low production of graphite is also posing as opportunities for the market.

The market has witness developments in terms of merger and acquisitions or product launches to enhance the product portfolio to meet the rising demand of innovative technology. For instance, In March 2018, Elkem ASA collaborated with Arendals Fossekompani, ReSiTec, and the University of Agder to form a new catapult innovation centre. This new innovation centre is formed to provide access for testing facilities and expertise in the materials technology and to help medium-sized and small businesses in Norway.

Elkem ASA dominated the Silicon anode battery market and accounts for the highest market share in 2018 which is followed by Shin-Etsu Chemical Co., Ltd., JSR Corporation, Albemarle Corporation, NanoGraf Corporation, Targray Group, Orange Power Ltd., BTR New Energy Material Ltd., NEXEON LTD, California Lithium Battery, Nanotek Instruments, Zeptor Corporation, OneD Material, LLC, Edgetech Industries LLC, Applied Material Solutions among others.

Shin-Etsu Chemical Co., Ltd.

Shin-Etsu Chemical Co., Ltd. was founded in 1926 at Tokyo, Japan.  The company focuses on manufacturing and selling of polyvinyl chloride (PVC), semiconductor devices, silicones, and rare earth magnets. The company has more than 20,155 employees. The company’s business segment includes PVC/Chlor-Alkali, Semiconductor Silicon, Silicones, Electronics and Functional Materials, Specialty Chemicals, Processing Trading and Specialized Services. The company holds 20,000 patents and has acquired them from Japan and overseas, including Asia/Oceania, North America, and Europe among other regions.

Shin-Etsu Chemical Co., Ltd. deals in multiple business segments, such as PVC/Chlor-Alkali, semiconductor silicon, silicones, electronics and functional materials, specialty chemicals, processing, trading and specialized services; and the silicon anode material battery market’s focused segment is silicones. But the company offers only one product related to this market which is SiO. It is an anode material for next-generation lithium ion batteries, which have excellent power and high capacity properties and is efficient for electrical conductivity by using Shin-Etsu’s own proprietary method. It has been observed that the market focussed business segment i.e. Silicon business has been increased in financial year 2018 from USD 1,667.26 million to USD 1,974.44 million by 18.42% from the previous year owing to the demand increased for all product lines and applications, and in addition to functional products, sales of general purpose products also expanded worldwide which has increase segment performance.

In July 2018, Shin-Etsu Chemical Co., Ltd.’s subsidiary Shintech Inc. made an announcement for developing new plant in Louisiana, U.S., in order to expand its business for polyvinyl chloride (PVC) from salt.

In June 2017, Shin-Etsu Chemical Co., Ltd. announced to double Shin-Etsu’s Magnetic Materials Vietnam Co., Ltd.’s production capacity for rare earth magnets. The company targeted its production capacity to be 2,200 tons/year by increasing its investment significantly.

The company has its global presence in Europe, Asia-Oceania, North America, and South America. The company’s subsidiaries include Shin-Etsu Handotai Co., Ltd., (Japan), Shin-Etsu Engineering Co., Ltd., (Japan), Shin-Etsu Magnetics Philippines, Inc., (Philippines), Shin-Etsu Singapore Pte Ltd. (Singapore), Shin-Etsu Sdn. Bhd. (Malaysia), and Shin-Etsu Silicones Europe B.V. (Netherlands) among others.

Elkem ASA

Elkem ASA was founded in 1904 at Oslo, Norway.  The company focuses on the supply of silicon-based advanced materials. The company has more than 6,280 employees.  The business segments of the company include silicones, silicon materials, foundry products, carbon and others. In 2018, revenue of the company was USD 3,128.81 Million. The company has made several decisions regarding the expansion of their business across the globe. They have expanded their business in Latin America (Paraguay) by opening its first foundry plant based on charcoal production. The strong equity ratio which has grown from 33% in 2017 to 44% in 2018 has helped the company to expand in other regions with a high pace. It has been observed that fossil Co2 emission by the company has been increased by 30% from year 2017. Strong equity ratio would help the company to strengthen and expand the silicon anode battery sector as the focus of the company is to penetrate in the potential areas.

The company has its global presence in Europe, Africa, Americas, and Asia. The company’s subsidiaries include Bluestar Silicon Material Co. Ltd. (China), Elkem GmbH (Germany), Elkem S.a.r.l. (France), Elkem LTD. (England), Elkem Distribution Center B.V. (Netherlands), Elkem Metal Canada Inc. (Canada) among others.

In December 2018, Elkem Silicones opened a new R&D centre at its Saint-Fons site, in Lyon, France. This new R&D centre is built in order to support its global growth with the development of high value-added silicone specialties.

In August 2018, Elkem ASA opened its new plant for foundry products in Paraguay. The company has expanded its business in Latin America by opening its first plant there.

The company has its global presence in Europe, Africa, Americas, Asia. The company’s subsidiaries include Bluestar Silicon Material Co. Ltd. (China), Elkem GmbH (Germany), Elkem S.a.r.l. (France), Elkem LTD. (England), Elkem Distribution Center B.V. (Netherlands), Elkem Metal Canada Inc. (Canada) among others.

JSR Corporation

The company was founded in 1957 at Tokyo, Japan.  The company focuses on providing petrochemical products and fine chemicals and deals in elastomers business, plastics business, and fine chemicals. The company has more than 7,203 employees. The business segments of the company include Elastomers Business, Plastics Business, Fine Chemicals and Other Products Business. Market focused segment of the company is fine chemicals and other products business. In 2018, revenue of the company was USD 3,839.56 million.

The elastomers business division had generated USD 1,796.14 million of revenue in 2018. The plastic business division generated revenue of USD 474.57 million in 2018.

The revenue generated by the fine chemicals and other products business segment witnessed a growth of 10.56% from 2017 to 2018 due to larger sales volume of lithography materials, CMP materials, cleaning solutions, and packaging materials. Another reason for the increase in the revenue for the segment is due to the completion of the production facilities of EUV resist manufacturing & qualification center N.V. (EUV RMQC) and due to larger sales volume of lithography materials, CMP materials, cleaning solutions, and packaging materials.

The company has huge product portfolio which enables the company not to depend on a particular business segment for the revenue generation. It has been observed that the company has majorly 5 business segments with 12 product categories and 6 application categories. Diversified and effective product portfolio of the company helps it to reduce the business as well as financial risk.

The company has its global presence in Asia-Pacific, Europe, and North America. The company’s subsidiaries include KBI Biopharma Inc. (U.S.), JSR Micro N.V. (Belgium), Elastomix Co., Ltd (Thailand), JSR Micro Kyushu Co.,Ltd. (Japan), J&w Beijing Biotech Co., Ltd. (China) among others.


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