LIB Anode – The Functional Core Out for Massive Reformation
A recent study by Fact.MR foretells the global LIB anode market to record an expansion rate of ~ 10% over the forecast period, 2019–2027. Currently, the global LIB anode market is predominantly concentrated in China and Japan, collectively accounting for ~ 60% share. The global LIB anode industry continues to gain remunerative opportunities across developed as well as developing economies, on the backdrop of increasing investments, product innovations, and several R&D activities taken up by the key manufacturers.
Rapid climate changes and concerns over environmental & energy security problems have been compelling automakers to develop low- and zero-emission vehicles, which is likely to play an essential role in the promising future scenario of e-mobility. In the view growing focus towards environmental sustainability and continuous innovations in the materials, the demand for LIB anodes will continue to witness promising growth in the years ahead, for its significant advantage in the reduction of CO2 emissions. Moreover, recent developments within the active anode ingredients marked with several cost optimization techniques have created a positive impact on the adoption rate of anode materials for manufacturing LIB batteries.
The global market for LIB anode is estimated to record a significant growth rate in legacy regions including East Asia, Europe and North America, due to expanding production capacities of potential manufacturers in these regions. Over the years, the global market for LIB anode has witnessed several collaboration and partnerships between the material manufacturers and end users, such as battery manufacturers, automakers and others. Key industry giants including -
- Hitachi Chemicals
- Nippon Chemical
- Betray New Energy Materials
- Sumitomo Chemicals
hold the leading share in the global LIB anode market, and are likely to attract more end users in the near future, owing to their significant brand positioning across the globe.
A LIB battery is a rechargeable battery where the LIBs travel from the anode to the cathode during charging and discharging. These batteries are the most popular type of rechargeable batteries used in portable electronics, due to its high energy density, low self-discharge capabilities, and a tiny memory effect. In recent years, rechargeable LIB batteries with a graphite anode and lithium transistor metal oxide cathode are being developed rapidly, and are widely implemented in several portable electronic devices. Moreover, the rapid penetration of 5G communication, robotics, and electric vehicles will propel the demand for LIB anode for its highly efficient properties.
Growing Implementation of Rechargeable Batteries in Consumer Electronics and EVs to Push the Market on Northward Trajectory
An embrace of R&D activities is underway to implement anode ingredients within LIB batteries. Rise in the demand for LIB anode is likely to be influenced by the improving purchasing power of individuals across developing economies coupled with growing penetration of energy efficient appliances. Consumer electronics sales rebounded from the global economic downturn since 2010 and have been growing since. Consequently, the demand of consumer electronics from households is set to accelerate, given easier access to credit and rising disposable income. In addition, the need for high power and energy density will continue to generate demand for reliable and safe batteries for the several industries including consumer electronics and automotive.
The global automotive industry is likely to witness steady growth over the next coming years. However, the growing global economy and sustainability drive have urged the market to shift to higher efficient and large energy storage materials and batteries. Considering the expanding middle-class population, coupled with increasing disposable income in emerging economies, the automotive production is expected to witness further growth. Thus, potential market opportunities lie ahead of LIB anode manufacturers.
Battery Material Developers are Turing to Novel Anode Materials
Several startups and established material firms have realized the true potential of anode, as it can hold roughly ten times the number of electrons as graphite, leading to LIB batteries with 30% –40% higher energy density, as anode absorbs a large number of LIBs during charging. After several years of research and development, material developers are turning into anode materials for the utilization in LIB batteries. Continuous innovations and capacity expansion remain a trending point among key manufacturing companies in the LIB anode market.
Over the last two-three years, key companies have strategically announced the expansion of their production capacities and innovations in their battery materials segment via new plant establishments, the introduction of new product line, and increasing investments in anode materials for LIB batteries. Anode material developers being well aware about the large market potential are developing ways to implement anode in portable devices, electric cars and grid energy storage. Such factors are expected to drive the global LIB anode market during the forecast period of 2019 to 2027.
The global LIB anode market is envisioned to observe an impressive rise in the forecast period, 2019-2027, according to a new Fact.MR study. The study propounds key trends that are currently shaping the growth of the global LIB anode market. This newly published and insightful report sheds light on key dynamics, which are expected to transform the future for the global LIB anode market, in turn creating lucrative avenues for prominent companies, as well as emerging players, associated with the development of the global LIB anode market.
The global LIB anode market study is an intricate market intelligence on key revenue growth determinants, challenges, industry trends and opportunities, which will eventually influence the growth trajectory for the global LIB anode market. The report initially imparts an overview of the global LIB anode market, considering current and future battery materials industry prospects, to unveil attractive facets pertaining to the adoption of LIB anode across key regional markets.
An in-depth assessment on few of the LIB anode providers offered in the report enables the readers to gain detailed insights that have been derived from the global LIB anode business performance across the regional markets incorporated in the report. A list of key companies operating in the global LIB anode market provided in the report adds to the credibility of this exhaustive research study.
Global LIB Anode Market: Report Summary and Scope
The study offers a detailed intelligence on different factors influencing the demand, sales, and revenue generation within the global LIB anode market. The opportunity analysis included in the report is beneficial for the readers to understand better opportunities in the global LIB anode industries, which will in turn, trigger adoption of LIB anode strategies. An elaborate cost structure analysis provides the report with innate completeness, and study offered on the cost structure involves all the regional markets incorporated.
Detailed forecast on the global LIB anode market has also been offered by analysts, who have developed market forecast concerning likely, conservative and optimistic market scenario. Analysis and assessment of price point by region and different application of LIB anode have been included in this study. The study also exerts details on aspects that impact pricing strategies of the manufacturers within the global LIB anode market. Segmentation of the global LIB anode market has been provided in the form of a taxonomy table in the report.
Based on anode composition, the global LIB anode market is segmented into:
- Natural Spherical Graphite
- Synthetic Graphite
- Amorphous Graphite
- Lithium Titanate (LTO)
Based on cell type, the global LIB anode market is segmented into:
- Polymer (Pouch)
Based on end use application, the global LIB anode market is segmented into:
- Medical Devices
- Consumer Electronics
- Industrial & Energy Storage
Based on region, the global LIB anode market is segmented into:
- North America
- Latin America
- East Asia
- South Asia and Oceania
- Middle East & Africa (MEA)
Global LIB Anode Market: Analysis on Market Size Evaluation
Current and future prospects for the global LIB anode market, containing current, as well as future, projected values forecast, price index and analysis on region-wise demand trends have been incorporated in the report. Assessment offered on the factors mentioned above is comprehensive, and dedicated weighted chapters have been delivered on the same.
Market valuation at global and regional scale for the global LIB anode market is offered in terms of “US$ Mn” & Volume (Tons). A Y-o-Y growth comparison on the key LIB anode market segments, along with the market attractiveness assessment quantifies insights delivered in the report. Metrics mentioned above are also tracked based on LIB anode administering across several regions where the product witnesses consistent demand.
Global LIB Anode market: Scrutinized Assessment on Regional Segments
Weighted chapters have included in the report on the global LIB anode market, which imparts forecast on the regional markets. These chapters illuminate the regional macros (business, economic and political environment outlook), that are expected to have a significant impact on the growth on the global LIB anode market in the near future.
Country-specific assessment on demand for LIB anode have also been provided for each regional market, along with the market size valuation and forecast, price point assessment, price index and impact analysis of key regional and country-wise dynamics. Y-o-Y growth projection has also been offered on all regional markets incorporated in the report.
Global LIB Anode market: In-depth Analysis on Competitive Landscape
The report concludes with a weighted chapter on the competition landscape on the global LIB anode market, which profiles key companies contributing to the market expansion. Up-to-date and essential data, as well as knowledge, related to the market players, which has been delivered with the help of a dashboard view. Market share comparison and analysis of these market players offered in the report enables the report readers to devise strategic steps forward for their businesses.
Company profiles have been incorporated in the report, which exerts details such as development of the global LIB anode market, along with a comprehensive SWOT analysis on each player identified together with the company strategies identification and analysis. The intensity mapping of the market players operating in the global LIB anode market provides readers with actionable intelligence, which helps in understanding the current market status and prospects determining competition levels in the global LIB anode market.
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