Advanced Batteries & Energy Storage Research
Dec 11, 2024
Expanding Silicon Anode Battery Market to Exceed US$15B by 2035
Due to the need for higher energy density and faster charging battery technologies, the battery electric car market will be the primary driver behind silicon anode material adoption. Numerous companies, from start-ups to established materials companies and industrials are expanding their capabilities to meet the growing demand for silicon anode material. IDTechEx estimates that silicon anode material production capacity is due to expand 6.5x from 2024 to 2030.