QYR Market Research Global Silicon Monoxide market research | Page 4

QYResearch
The market is majorly driven by the increasing demand from
anode material of lithium ion batteries, Silicon (Si)-based
materials have the highest capacity among the investigated
anode materials and have been recognized as one of the
most promising materials for lithium-ion batteries. Moreover,
the market is growing due to the increasing industrialization
and urbanization in developing economies.
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