The Report Includes:
- Outlining details of technological advances and emerging opportunities in graphite production and its applications in lithium-ion batteries (anode materials)
- Analyses of global market trends with data from 2018 to 2019, and projections of compound annual growth rates (CAGRs) through 2024
- Assessment of the emerging market for graphite and other lithium battery anode materials on the basis of material and technology types
- Discussion of the opportunities and challenges for graphite and similar carbon compounds, along with alternative carbon compounds (graphite replacements) in lithium batteries
Sony commercialized lithium-ion batteries in the 1990s. Today, after decades of development, lithium-ion batteries have grown into a huge industry, reaching a global output of 200 gigawatt-hour (GWh) in 2018. The lithium-ion battery was first used mostly for consumer electronics such as laptops and mobile phones. But motive batteries, a battery type that powers a motor to drive an electric vehicle (EV), boomed in the past decade and now dominates the market. Motive batteries took 53% of the whole lithium-ion battery market, with 106 GWh produced in 2018, compared to the output of 1.1 GWh in 2011, accounting for only 2.4% of the world’s total lithium-ion battery output of 46.6 GWh. The steady growth will continue, and motive power applications will continue to be the primary driving engine to the global lithium-ion battery market.
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Companies Mentioned
- Sony