Statistics on the market scale and output proportion of global anode materials from 2015 to 2022

Anode materials production cost is mainly raw materials such as graphitization process and needle coke. Graphitization accounts for 47.9% of the cost of high-end artificial graphite. As the key process and raw materials for preparing anode materials, graphitization process and needle coke account for more than 85% of the cost of artificial graphite anode materials, while the manufacturing cost and labor cost account for a small proportion. 

Source: In-depth research on the current situation and development trend of China's anode material industry (2022-2029)

Driven by the goal of carbon neutrality, governments all over the world have increased the popularity of new energy vehicles and promoted the electrification of vehicles. New energy vehicles sales have continued to grow. The output of lithium ion batteries has increased year by year, driving the expansion of the anode material market. From 2015 to 2020, global anode materials market scale continued to grow, and the global market scale reached 19.39 billion yuan in 2020.

Source: In-depth research on the current situation and development trend of China's anode material industry (2022-2029)

Data show that in 2021, the global output of anode materials was 882,700 tons, mainly produced by China, South Korea and Japan, among which China's output was up to reach 815,900 tons, accounting for 92%. China is the most major producer of anode materials. Learn more about anode material market reports, welcome to pay attention to us.

Source: In-depth research on the current situation and development trend of China's anode material industry (2022-2029)