Battery Separator Market Future Growth Analysis, Business Demand and Opportunities to 2030
Author : Shubham Autade | Published On : 15 Mar 2022
The Global Battery Separator Market is likely to grow at a CAGR 6.14% during the forecast period., reveals the new Market Research Future (MRFR) report. A battery separator, simply put, offers a barrier amid the cathode (positive) and the anode (negative), while allowing the lithium ions exchange from one end to another. It is vital for a battery as its properties and structure impact the performance of the battery, which includes the safety, cycle life, power density, and energy of the battery.
Numerous factors are adding to the global Battery Separator Market growth. Such factors, according to the recent MRFR report, include technological advances in lithium-ion batteries, consumers increasing purchasing power, demand for consumer electronics owing to rising per-capita income, and growing demand for electric cars worldwide for environmental concerns. Additional factors adding to the global battery separator market growth include the prevalent use of electronic equipment, wireless electrical equipment, digital cameras, cell phones, and laptops and increasing use in the energy storage device.
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On the contrary, safety concerns related to the usage of polyolefin separators may limit the battery separator market growth over the forecast period.
Cangzhou Mingzhu Plastic Co.
Teijin Limited (Japan)
Mitsubishi Chemical Corporation (Japan)
Bernard Dumas (France)
W-Scope Corporation (Japan)
Dreamweaver International (US)
Freudenberg Performance Materials (US)
SK Innovation Co.
Ltd (South Korea)
Asahi Kasei Corporation (Japan)
Sumitomo Chemical Co.
and Toray Industries
The MRFR report provides an inclusive segmental analysis of the global battery separator market based on application, battery type, and material.
By material, the battery separator market is segmented into polyvinylidene fluoride, ceramic, nylon, polypropylene, polyethylene, and others. Of these, polyethylene & polypropylene will both lead the market over the forecast period for their large-scale use. Meanwhile, the ceramic coating will grow at the highest CAGR.
By battery type, the battery separator market is segmented into nickel-metal hydride, nickel-cadmium, lead-acid, lithium-ion, and others. Of these, lithium-ion is likely to dominate the market over the forecast period for its superior performance efficiency.
By application, the battery separator market is segmented into industrial, automotive, consumer electronics, and others. Of these, consumer electronics will have a major share in the market over the forecast period.
By region, the global battery separator market covers the growth opportunities and recent trends across Europe, North America, the Middle East & Africa (MEA), Latin America, and the Asia Pacific (APAC). Of these, the APAC region will spearhead the market over the forecast period for the burgeoning demand for electric vehicles and consumer electronics.
The global battery separator market in North America is predicted to hold the second-largest share over the forecast period for the increasing emphasis on R&D and the rapidly growing automotive and electronics industry.
The battery separator market in Europe is predicted to have healthy growth over the forecast period for the growing auto and transportation industry that in turn is boosting the demand for battery separators. Germany is a major contributor in the region.
The battery separator market in Latin America will have moderate growth over the forecast period for the growing industrialization in Venezuela, Mexico, and Brazil.
The battery separator market in the MEA is predicted to have steady growth over the forecast period for the burgeoning demand for smartphones as well as other consumer electronic products.
February 2020: Nippon Shokubai Co., Ltd has created a new rechargeable zinc battery. It has been made by combining activated carbon along with zinc anode and zinc battery separator.
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