Silicon Anode for Li ion Battery Sales Market Research Report 2021-2028
The silicon anode market has grown significantly from $8.4 billion in 2016 to $10.6 billion in 2021 with a CAGR of 5% from 2016 to 2021. The global silicon anode market is driven by the demand for lithium-ion batteries, which is increasing due to their benefits such as high energy density, safety, and low maintenance costs, among others. Moreover, technological advancements are providing new opportunities for companies operating in this industry about materials science and device engineering.
Silicon anode for the lithium battery market is a technology that has been developed to replace the traditional graphite electrode. Silicon has emerged as one of the most promising materials in energy storage devices because it can store up to four times more charge than carbon-based electrodes and also offers significant potential cost reductions when used instead of expensive cobalt or nickel-based materials.
On the basis of types, the market is segmented into SiO/C and Si/C.
SiO/C
SiO/C is the silicon oxide or carbon coating on anodes to increase battery performance. It can significantly reduce internal resistance and improve charge capacity, cycle life, energy density, and discharge power of Li-ion batteries. It can also decrease side reactions and optimize the electrode structure. It also has the advantages of not containing graphite, allowing for a decrease in costs and ease of synthesis.
Si/C
Si/C is also known as silicon carbide which is an electrical insulator material, meaning it does not conduct electricity. Silicon carbide can be used to produce semiconductors such as transistors and diodes with a purity of 99% or greater. SiO/C has been the traditional choice for silicon anode in lithium-ion battery applications. SiO/C has been studied as a possible alternative to the graphite anode in Li-ion batteries because of its ability to store higher charges and deliver more power, but it has yet to be utilized commercially due to either manufacturing limitations or safety concerns.
On the basis of application, the market is segmented into Automotive, Consumer Electronics.
Automotive, Consumer Electronics
The use of the Global Silicon Anode for Li-ion Battery Market in Consumer Electronics is expected to grow rapidly owing to factors such as growing disposable income and demand for electronic goods by consumers. Moreover, with advancements in technology being made at a high pace, each consumer is gradually buying devices that have a longer life span. This has led to an increased demand for Global Silicon Anode for Li-ion Battery Market in the Consumer Electronics industry, which will drive growth during the forecast period.
On the basis of region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America.
The North America Silicon Anode for Li-ion Battery Market is accounted to be the largest market in terms of revenue, owing to its predominance to high adoption by automotive manufacturers. The region comprises key markets such as Mexico and Canada which have large-scale investments in lithium battery manufacturing facilities.
Growth factors of Global Silicon Anode for Li-ion Battery Market
The major growth factors of the global silicon anode for the lithium-ion battery market are increasing demand from automotive and consumer electronics applications, the vast availability of raw materials required to manufacture SiO/C and Li metal as well as increased research on novel energy storage. The key restraining factors include the high cost associated with manufacturing silicon-based anodes due to expensive raw materials such as silicon and CNTs, which are required to manufacture the anode.
Dataintelo published a new report titled “Silicon Anode for Li ion Battery Sales Market research report which is segmented by Types (SiO/C, Si/C), By Applications (Automotive, Consumer Electronics, Others), By Players/Companies BTR, Hitachi Chemical, Shanshan Corporation, Shin-Etsu Chemical, Jiangxi Zichen Technology, Materion, OSAKA Titanium Technologies”.
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Silicon Anode for Li ion Battery Sales Market Report Segments:
The market is segmented by Type SiO/C, Si/C and By Application Automotive, Consumer Electronics, Others.
Some of the companies that are profiled in this report are:
BTR
Hitachi Chemical
Shanshan Corporation
Shin-Etsu Chemical
Jiangxi Zichen Technology
Materion
OSAKA Titanium Technologies
Silicon Anode for Li ion Battery Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Silicon Anode for Li ion Battery Sales Market
Overview of the regional outlook of the Silicon Anode for Li ion Battery Sales Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
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Highlights of The Silicon Anode for Li ion Battery Sales Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of Silicon Anode for Li ion Battery Sales Market.
Historical data and forecast.
Estimations for the forecast period 2028.
Developments and trends in the market.
By Type:
SiO/C
Si/C
By Application:
Automotive
Consumer Electronics
Others
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Silicon Anode for Li ion Battery Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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Reasons to Purchase the Silicon Anode for Li ion Battery Sales Market Report:
The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
