Anode Material Market Sales Predicted to Shoot-Up in Coming Years
The global anode material for automotive lithium-ion (Li-ion) battery market is predicted to generate a revenue of $1,348.6 million by 2030, increasing from $707.2 million in 2019, progressing at a 5.7% CAGR during the forecast period (2020–2030), as per a report by P&S Intelligence. The reducing prices of anode materials and rising sales of electric vehicles are the major driving factors of the market. In terms of type, the market is divided into silicon compound, amorphous carbon, lithium-titanate oxide (LTO), artificial graphite, and natural graphite. Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/anode-material-automotive-lithium-ion-battery-market/report-sample Out of these, the artificial graphite division held the major share of the anode material for automotive Li-ion battery market in 2019, and is predicted to retain its dominance during the forecast period as well. This material has a number of advantages over other anode materials...