![]() On the whole, the price of artificial graphite has dipped slightly faster than that of natural graphite. The price of anode materials has kept falling since 2017Q4. The drop in the proportion of natural graphite was mainly because mainstream battery companies purchased mixed materials of natural and artificial graphite in 2020, which reduced the procurement of pure natural graphite to a certain extent. Affected by the replacement of main domestic cylindrical battery models for shipment and the suspended upgrade of the high nickel system for square power batteries, other anode materials represented by silicon-based anode materials failed to achieve the expected growth with a declining market share. From the perspective of product structure, the market share of artificial graphite further increased to 84% in 2020. Driven by the demand from new energy vehicles and energy storage batteries, China's production of anode materials is expected to register a high CAGR of 30-35% in upcoming years, and then reach 295 kilotons in 2026.Īt present, the most widely used anode materials are still natural graphite and artificial graphite. ![]() Japanese enterprises are in a leading position technologically while China boasts obvious cost advantages in anode materials production because of abundant graphite mineral resources.įrom 2016 to 2020, China's anode material shipments jumped year by year, hitting 365,000 tons in 2020 with the growth rate exceeding expectations, mainly thanks to the substantial growth in the demand for lithium batteries in various fields around the world. 04, 2022 (GLOBE NEWSWIRE) - The "Global and China Lithium-ion Battery Anode Material Industry Report,2021-2026" report has been added to 's offering.Ĭurrently, global lithium battery anode materials industry is concentrated in China and Japan, which occupy more than 95% of anode materials sales worldwide.
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