The Global Silicon Anode Materials for Li-ion Battery Market was valued at USD 497.8 Million in 2023 and is projected to reach USD 2.5 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 28.5% during the forecast period (2023–2030). This explosive growth is being driven by the escalating demand for higher energy density batteries in electric vehicles, consumer electronics, and grid storage, coupled with significant advancements in material science that are overcoming silicon’s historical challenges with volume expansion.

As the global push for electrification intensifies, the performance of lithium-ion batteries has become a critical bottleneck. Silicon anode materials, capable of holding up to ten times more lithium than traditional graphite, are at the forefront of breaking this barrier. In this blog, we profile the Top 10 Companies in the Silicon Anode Materials Industry—a dynamic mix of established chemical giants, innovative startups, and specialized material suppliers who are engineering the future of energy storage.

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🔟 1. BTR New Material Group

Headquarters: Shenzhen, China
Key Offering: Silicon-Carbon Composite Anode Materials, Graphite Anodes

BTR New Material Group is a global leader in lithium-ion battery anode materials, with one of the largest production capacities worldwide. The company has heavily invested in research and development of silicon-carbon (Si-C) composites, which blend silicon’s high capacity with carbon’s structural stability. BTR supplies major battery manufacturers across Asia, Europe, and North America.

Innovation Focus:

• Pioneering high-capacity Si-Ox (Silicon Oxide) and Si-C composite technologies
• Mass-production capabilities for automotive-grade silicon anode materials
• Strategic partnerships with global EV and battery cell producers

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9️⃣ 2. Shin-Etsu Chemical

Headquarters: Tokyo, Japan
Key Offering: High-Purity Silicon Metal, Silicon Nanomaterials for Anodes

Shin-Etsu Chemical, a world-leading manufacturer of silicon-based products, leverages its expertise in high-purity silicon to develop advanced anode materials. The company focuses on controlling the morphology and particle size of silicon to mitigate expansion issues, targeting applications in premium consumer electronics and electric vehicles.

Innovation Focus:

• Proprietary processes for producing nano-structured silicon powders
• Focus on material purity and consistency for long cycle life
• Integration with its vast semiconductor and silicone product portfolio

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8️⃣ 3. Group14 Technologies

Headquarters: Woodinville, Washington, USA
Key Offering: SCC55™ Silicon Carbon Composite

Group14 Technologies is a prominent US-based innovator that has developed a proprietary silicon-carbon composite scaffold. Its SCC55™ material is designed to deliver a significant increase in energy density while maintaining the mechanical integrity needed for long battery life. The company has attracted substantial investment from major automotive and chemical companies.

Innovation Focus:

• Patented carbon scaffold technology that encapsulates silicon particles
• Building one of the world’s largest commercial-scale silicon anode factories
• Strong focus on the electric vehicle market with tier-1 automotive partners

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7️⃣ 4. Posco Chemical

Headquarters: Pohang, South Korea
Key Offering: Silicon-based Anode Materials, Graphite, Cathode Materials

Posco Chemical, a subsidiary of the South Korean steel giant Posco, is a key player in the global battery materials market. The company is rapidly scaling its production of silicon anode materials to meet the surging demand from the EV sector, leveraging its strong relationships with Korean battery majors like LG Energy Solution, SK On, and Samsung SDI.

Innovation Focus:

• Developing silicon anode materials with enhanced adhesion and conductivity
• Vertical integration strategy from raw materials to finished anode products
• Aggressive capacity expansion plans in South Korea and North America

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Silicon Anode Materials for Li-ion Battery Market – View in Detailed Research Report

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6️⃣ 5. Nexeon Ltd.

Headquarters: Abingdon, Oxfordshire, UK
Key Offering: Structured Silicon Anode Materials

Nexeon is a UK-based technology company that has developed a unique, proprietary method for structuring silicon at the micron-scale to create high-performance anode materials. Their approach allows for better management of silicon expansion, leading to batteries with higher energy density and improved cycle life.

Innovation Focus:

• Patent-protected silicon structuring technology
• Focus on both consumer electronics and automotive applications
• Collaborations with global battery manufacturers for product validation and commercialization

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5️⃣ 6. Showa Denko (now Resonac Holdings)

Headquarters: Tokyo, Japan
Key Offering: CARBOTRON® P, Silicon-Composite Anode Materials

Showa Denko (SDK), now part of Resonac Holdings, has a long history in carbon and advanced materials. The company produces CARBOTRON® P, a high-capacity anode material that incorporates silicon, and is actively developing next-generation composites to push the boundaries of battery performance for smartphones and EVs.

Innovation Focus:

• Expertise in carbon-silicon hybridization for optimal performance
• Leveraging chemical processing capabilities to enhance material properties
• Targeting applications requiring ultra-high energy density

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4️⃣ 7. Daejoo Electronic Materials

Headquarters: Siheung, South Korea
Key Offering: Silicon Anode Materials, Graphene, ITO Targets

Daejoo Electronic Materials is a South Korean specialty materials company that has emerged as a significant supplier of silicon anode materials to the domestic battery industry. The company focuses on developing cost-effective and scalable silicon material solutions to complement graphite anodes.

Innovation Focus:

• Development of pre-lithiated silicon materials to improve initial efficiency
• Strong R&D focus on improving the cycling stability of silicon-based anodes
• Strategic positioning within the South Korean battery ecosystem

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3️⃣ 8. Eagle Industry Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Si-C Composites, Porous Silicon Materials

Eagle Industry, traditionally known for mechanical components, has successfully diversified into advanced battery materials. The company utilizes its precision engineering capabilities to create unique porous silicon structures that accommodate volume expansion, making its materials particularly attractive for high-end applications.

Innovation Focus:

• Proprietary processes for creating controlled-porosity silicon
• Focus on material engineering to solve fundamental silicon challenges
• Supplying niche, high-performance markets

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2️⃣ 9. Shanghai Shanshan Technology Co., Ltd.

Headquarters: Shanghai, China
Key Offering: Anode Materials (Graphite, Silicon-Carbon), Cathode Materials

Shanghai Shanshan is one of China’s leading suppliers of lithium-ion battery materials. The company has been actively developing and commercializing silicon-carbon anode materials, leveraging China’s massive battery production scale. It serves a broad customer base across consumer electronics, EVs, and energy storage systems.

Innovation Focus:

• Rapid scaling of silicon-carbon composite production capacity
• Cost-competitive manufacturing processes for mass-market adoption
• Comprehensive product portfolio covering multiple anode technologies

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1️⃣ 10. Amprius Technologies

Headquarters: Fremont, California, USA
Key Offering: Silicon Nanowire Anode Technology

Amprius Technologies is a pioneer in ultra-high energy density lithium-ion batteries, utilizing a 100% silicon nanowire anode. This groundbreaking technology allows for extremely high energy density and power density, making it ideal for premium applications like aviation, aerospace, and advanced telecommunications.

Innovation Focus:

• World’s first and only 100% silicon nanowire anode in commercial production
• Focus on extreme performance segments where energy density is paramount
• Continuous improvement of manufacturing processes for higher volumes and lower costs

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Silicon Anode Materials for Li-ion Battery Market – View in Detailed Research Report

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🔋 Outlook: The Future of Energy Storage is Silicon-Powered

The silicon anode materials market is experiencing a technological renaissance. While graphite remains the dominant anode material today, the industry is rapidly innovating to integrate silicon, recognizing its unparalleled potential to extend the range of electric vehicles and the battery life of electronic devices.

📈 Key Trends Shaping the Market:

• Accelerated adoption of silicon-dominant anodes in next-generation electric vehicle batteries
• Intense R&D focused on overcoming silicon’s volume expansion through novel nanostructures and composite designs
• Strategic partnerships and joint ventures between material suppliers, battery makers, and automakers
• Government incentives and regulations promoting higher energy density and domestically sourced battery materials

The companies listed above are not only supplying critical materials—they’re spearheading the performance revolution in energy storage, paving the way for a more electrified and sustainable future.

Get Full Report Here:
Silicon Anode Materials for Li-ion Battery Market – View in Detailed Research Report