Global Silicon-based Battery Anode Material Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Silicon-based Battery Anode Material Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Silicon-based anode materials are considered as the first choice for the next generation of high capacity lithium ion batteries due to their high theoretical specific capacity.

Market Overview:

The latest research study on the global Silicon-based Battery Anode Material market finds that the global Silicon-based Battery Anode Material market reached a value of USD 778.35 million in 2022. It’s expected that the market will achieve USD 13153.71 million by 2028, exhibiting a CAGR of 60.19% during the forecast period.

Demand for lithium-ion batteries has increased

The end applications of silicon carbon anode materials include power battery, consumer battery and energy storage battery market.

In terms of power batteries, with the increasingly prominent global energy crisis and environmental pollution problems, it has become a broad consensus to develop low-carbon and environment-friendly new energy vehicles. The new energy vehicle industry has replaced consumer electronics as the largest terminal market of lithium battery silicon carbon anode material industry.

In terms of consumer batteries, after the golden period of development of traditional 3C products, the growth rate of smart phones slowed down, but the application of built-in batteries and flexible polymer batteries in mainstream terminal phones promoted the demand for high-performance anode materials. At the same time, emerging industries such as VR glasses, drones and wearable devices increased the demand for consumer lithium batteries, and the demand for silicon-carbon anode materials, which is the main research and development trend of lithium battery materials, will also show an upward trend.

High cost of silicon-based anode materials

Compared with graphite anode material, the preparation process of silicon-based anode material is complex, and there is some difficulty in large-scale production. Besides, different processes are different, and the product has not reached standardization at present, leading to its high price. For example, nanometer silicon powder is often used in the preparation process of silicon-based anode materials. Its production has high requirements on equipment, requiring large capital investment and high energy consumption in the production process, thus pushing up the price of silicon-based materials.

The production technology is not mature

The preparation process of the battery and the matching of the main and auxiliary materials have a great influence on the performance of silicon-based materials. In recent years, although some battery enterprises have made some technological breakthroughs in the application of silicon-based materials, the overall technology is not mature enough. The development of silicon-based electrolyte, the application of pre-lithium technology, the selection of binder and other work need to be carried out jointly by battery and anode material manufacturers in order to accelerate the industrial application of silicon-based anode materials.

Region Overview:

In 2022, the share of the Silicon-based Battery Anode Material market in China stood at 71.89%.

Company Overview:

BTR is one of the major players operating in the Silicon-based Battery Anode Material market, holding a share of 29.69% in 2022.

BTR

BTR New Energy Material Ltd is a new energy materials r & D and manufacturer leading by technological innovation, featuring leading technology, perfect product and industrial chain layout, equal emphasis on international and domestic mainstream customers, with lithium ion battery anode materials and positive materials as the core products, and outstanding position in the industry.

Guoxuan High-Tech

Guoxuan High-tech is the first national enterprise in China's power battery industry to enter the capital market. It has business segments of new energy vehicle power battery, energy storage, power transmission and distribution equipment, etc. Its subsidiaries include Hefei Guoxuan High-tech Power Energy Co.,Ltd., General Institute of Industry and Research, Capital Center and Dongyuan Electric Appliance.

Segmentation Overview:

By type, Silicon Oxide segment accounted for the largest share of market in 2022.

Silicon Oxide

Silicon-carbon composites use silicon with high specific capacity as the main active body and carbon with small volume effect and good cycle stability as the carrier to synthesize a new type of silicon/carbon composites, which can effectively avoid the pulverization of silicon due to excessive volume expansion in the process of charge and discharge. However, silicon-carbon composites also have some disadvantages, such as poor safety and rate performance. When the current density is slightly higher, the capacity decreases obviously.

Silicon Oxide

Compared with silicon/carbon composites, silicon oxide composites have smaller volume effect and more stable cycling performance, and are widely used in various types of cells such as steel shell, soft shell and square aluminum shell.

Application Overview:

By application, the Power Battery segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Silicon-based Battery Anode Material market covered in Chapter 3:

Jiangxi Zhengtuo New Energy Technology Co.,Ltd
BTR New Energy Material Ltd
Shin-Etsu Chemical Co.
Guoxuan High-Tech
Shanghai Putailai New Energy Technology Co.,Ltd
Ningbo Shanshan Co.,Ltd.
Daejoo

In Chapter 4 and Chapter 14.2, on the basis of types, the Silicon-based Battery Anode Material market from 2018 to 2029 is primarily split into:

Silicon Carbon
Silicon Oxide
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Silicon-based Battery Anode Material market from 2018 to 2029 covers:

Power Battery
Consumer Electronics Battery
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)