Global Silicon Anode Material Battery Market, By Raw Material (Silicon Isotopes, Silicon Compounds), Battery Application (Pure Anode Silicon Battery, Silicon X Battery), End-Users (Electronics, Energy and Power, Automotive, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Silicon Anode Material Battery Market
Data Bridge Market Research analyses the silicon anode material battery market will exhibit a CAGR of 43.9% for the forecast period of 2021-2028.
Silicon anode battery is referred as an extension of lithium ion (Li-ion) batteries. Silicon anodes with silicon nanotubes or other coating processes are used in these batteries. Silicon increases battery lifetime and provides high energy storage due to its high ability to store potential. It can store up to ten times more energy than traditional lithium-ion batteries graphite anodes.
The surge in the adoption rate of lithium ion battery among electronic consumers and silicon's high energy storage capacity are the major factors driving market growth. Furthermore, rise in the number of R&D initiatives by manufacturers for the enhancement of lithium ion batteries will enhance the growth rate of silicon anode material battery market. Also, high energy density compared to other battery chemistries and excellent features associated with silicon based anode resulting in improved lithium ion batteries will positively impact the market growth rate.
Moreover, the rise in the demand of electric vehicles and low production of graphite will create beneficial opportunities for the growth of the market.
However, high manufacturing cost associated with silicon batteries and volumetric expansion of silicon-anode when lithium is introduced in the batteries will act as restraints for the growth of silicon anode material battery market. Poor life cycle of silicon materials and capacity loss and low efficiency due to mechanical failure will further challenge the growth of the market.
This silicon anode material battery market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on silicon anode material battery market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Silicon Anode Material Battery Market Scope and Market Size
The silicon anode material battery market is segmented on the basis of raw material, battery application and end-users. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of raw material, the silicon anode material battery market is segmented into silicon isotopes and silicon compounds. The silicon compounds segment has been further sub-segmented into silicon dioxide (SILICA), silicon oxide, silicon carbide (SIC), silicon monoxide and others
- On the basis of battery application, the market is segmented into pure anode silicon battery and silicon X battery.
- On the basis of end-users, the market is bifurcated into electronics, energy and power, automotive and others.
Silicon Anode Material Battery Market Country Level Analysis
The silicon anode material battery market is analysed and market size, volume information is provided by country, raw material, battery application and end-users as referenced above.
The countries covered in the silicon anode material battery market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the silicon anode material battery market and will continue to flourish its trend of dominance due to the growing demand of advanced batteries and technological advancement involved in consumer electronics and wearable devices industries. Europe is expected to grow during the forecast period of 2021-2028 due to the rise in the investments in R&D for battery production and well-established automotive sector in this region.
The country section of the silicon anode material battery market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Silicon Anode Material Battery Market Share Analysis
The silicon anode material battery market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to silicon anode material battery market.
The major players covered in the silicon anode material battery market report are Targray Technology International Inc., ORANGE POWER, Elkem ASA, Shin-Etsu Chemical Co., Ltd., JSR Corporation, Albemarle Corporation, Orange Power Ltd., BTR New Energy Material Ltd., NEXEON LTD, NANOTEK INSTRUMENTS, California Lithium Battery, Applied Material Solutions, Inc., Zeptor Corporation, OneD Material, Inc., Edgetech Industries LLC., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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