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Chinese Producer Dominates Global Mesocarbon Microbeads Market

Author: QYResearch  |   Published Date: 2022-05-12   |   Views: 42



MCMB (mesocarbon microbeads) synthetic graphite is prepared from petroleum pitch or coal tar. MCMB is one of the promising carbon anode materials for Li-ion batteries. MCMB has high specific capacity and a spherical morphology, which is beneficial for high packing density of the anode. The low surface area of MCMB can minimize the unfavorable side reactions during the charge-discharge process.

 

Global Mesocarbon Microbeads market competition is intense. BTR New Material Group, Shanshan Group, China Steel Chemical, Baotailong New Materials, Nippon Carbon Co., Ltd., JFE Chemical are the leaders of the industry, and hold key technologies, with high-end customers. They are also the main international exporters. Among those manufacturers, BTR New Material Group holds dominant place in the industry. The company owns more than 45% sales share globally. Apart from the company, some producers in China are dedicated to expanding their Mesocarbon Microbeads business. The market is estimated to grow fast in the coming few years.

 

Global Mesocarbon Microbeads market was valued at US$ 177.74 million in 2021 and it is expected to reach US$ 347.47 million by the end of 2028, growing at a CAGR of 10.74% during 2022-2028. The growing demand for electric vehicles along with high demand for lithium-ion batteries for industrial applications is driving the market growth. Moreover, strategies such as agreements and plant expansions undertaken by several prominent players in the lithium-ion battery anode industry are further fueling the lithium-ion battery anode industry growth across the globe.

 

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