Next-Generation Anode Materials Market worth US$ 10.6 Billion by 2034 with a CAGR of 12.9%

The rising need for high energy density batteries (lithium-ion batteries) is the main driving factor for the growth of the next generation anode material market. Additionally, the demand for the for silicon-based anode materials has been increased due to its properties such as abundant nature of silicon, non- toxic nature, and low cost which is another factor for the growth of the target market. For instance, according to United States Department of the Interior, silicon is the 2nd largest available material on the earth's crust after oxygen accounting for approximately 28% of the total elements available in the earth's crust. Moreover, the increasing demand for fast charging batteries is the fueling factor for the growth of the global market.Next-generation anode materials market was valued at US$ 3.5 Billion in 2024 and is projected to grow at a CAGR of 12.9% to reach US$ 10.6 Billion by 2034.

The report "Next-Generation Anode Materials Market, By Material Type (Silicon/Silicon Oxide Blend, Lithium Titanium Oxide, Silicon-Carbon Composite, Silicon-Graphene, and Others), and Region - Forecast to 2034"

Key Highlights:

• In 2018, a new tool was manufactured by the Amprius, Inc. company in partnership with Meyer Burger (Netherlands) B.V. which deals with processes and deposition systems.

Key Market Insights from the report:        

Next-Generation Anode Materials Market was valued at US$ 3.5 Billion in 2024 and is projected to grow at a CAGR of 12.9% to reach US$ 10.6 Billion by 2034.The market report has been segmented based on material type and region.

• By material type, the next-generation anode materials market is segmented into silicon/silicon oxide blend, lithium titanium oxide, silicon-carbon composite, silicon-graphene, and others
• By Region, The Asia- Pacific region is expected to dominate the global market over the forecast period due to increasing urbanization which is leading to significant investments in the lithium-ion battery application in many countries of the Asia Pacific region.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on " Next-Generation Anode Materials Market”, By Material Type (Silicon/Silicon Oxide Blend, Lithium Titanium Oxide, Silicon-Carbon Composite, Silicon-Graphene, and Others), and by Region – global forecast till 2034

The prominent player operating in the next-generation anode materials market includes Altair Nanotechnologies, Inc. Amprius, Inc., BTR New Energy Material Ltd., California Lithium Battery, Medtronic PLC, Enevate Corporation, Enovix, Hitachi Chemical Co. Ltd., LeydenJar Technologies BV, and NanoGraf Corporation

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