(MENAFN- PR Newswire) Europe stands out as the world's number two consumer of lithium-ion battery anodes by value. This robust market is fueled by the growing demand for electric vehicles (EVs) within the region.
Government incentives and funding play a crucial role in promoting EV adoption, which in turn, translates to a significant need for lithium-ion batteries and their key component, the anode.
This focus on clean and sustainable transportation solutions positions Europe as a major player in the lithium-ion battery anode market.
Some of the leading players in this market include Ningbo Shanshan Co., Ltd. (China), Jiangxi Zhengtuo New Energy Technology (China), Resonac Holdings Corporation (Japan), POSCO FUTURE M (South Korea), Mitsubishi Chemical Group Corporation (Japan), and SGL Carbon (Germany) among others.
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