In 2012, the anode material market hit KRW 560 billion. Based on shipments, total 46,182 tons were shipped across the world. Along with the growth of the LiB market, the CAGR of the anode material market is expected to be 20.4% for artificial graphite (AG) and 16.9% for natural graphite (NG) between 2011 and 2016. The anode material market is expected to be reach about KRW 900 billion in 2016.
This figure indicates that the demand for anode materials is increasing with an increase in the capacity of cylindrical, prismatic, and polymer (pouch-type) batteries despite the slower-than-expected growth of the xEV/ESS market.
It is forecasted that the growth of the LiB market will have been driven by IT applications by 2016, accounting 66.1% of the entire LiB market. As there is a growing demand for smartphone batteries whose capacity is more than 3,000mAh and many tablets and ultra PCs are adopting high capacity lithium polymer batteries of more than 4,000mA, the demand for anode materials is considerably increasing too.
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