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Global Next-Generation Anode Materials Market Analysis Report

Global Next-Generation Anode Materials Market certainly grow at a CAGR of 17% during 2021-26. The factors such as soaring companies spending in R&D of new‐gen rechargeable battery systems, rapid evolution in consumer electronics and transportation industries, an escalating number of silicone anode start-ups are factors promising lucrative growth of the market.

Moreover, the augmenting need for fast charging and high energy density batteries, a growing partnership among battery materials developers for the set-up of battery anode plant, and burgeoning advancements in cell technology & existing li-ion battery systems likely to propel the market share of Global Next-Generation Anode Material market.

Based on Product, Silicon- Graphene acquired a significant market share in 2019 due to escalating investment by giant players in the large-scale manufacturing process of silicon-graphene for lithium-ion batteries and augmenting storage demand.

Silicon/ Silicon Oxide Blend dominated the market due to the surging government subsidies to propel the electric vehicle market is soaring the percentage of silicon in EV batteries. The growing need for electric vehicles & e-bikes and escalating deployment of silicon oxides in high-energy lithium-ion batteries (LIBs) as it is environmentally friendly is further promulgating the market growth.

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Europe witnessed robust growth in 2019. Germany and France dominated the region due to the propelling presence of giant EV automakers, the set-up of lithium-ion battery module production plants by automotive OEMs, and the introduction of disruptive anode material in Li-ion batteries.

North America acquired the highest market share in 2019. The US dominated the North American region. The rising commercialization of lithium-ion batteries, significant rising production of silicon anodes by the battery manufacturer, and high adoption of electric vehicles in the country are the factors strongly contributing to the market growth.

Asia-pacific can exhibits the fastest growth over the forecast period during 2021-26. India and China accounted for the majority market share due to the rising number of start-ups for developing cells with high energy & power density, increasing investment by the government to promote electric vehicles, and hiking demand for lithium-ion batteries for power tools.

The primary industry leaders in the Global Next-Generation Anode Materials market are Enovix, NanoGraf Corporation, SC Technologies, Sila Nanotechnologies Inc., NEXEON LTD., LeydenJar Technologies BV, Amprius, Inc., BTR New Energy Material Ltd., Shanshan Technology, OneD Material, LLC, pH Matter LLC, Altair Nanotechnologies, Inc., HITACHI CHEMICAL CO. LTD., California Lithium Battery, Enevate Corporation, Talga Resources Ltd., etc.

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