The battery separator market is expected to reach $ 5.75 billion in 2023, from $ 3.68 billion in 2018 to a CAGR of 12.78%.
Much effort has gone into the development of battery separators for lithium-ion batteries for high-power, high-energy applications, from portable electronics to large-scale energy storage for power grids. The separator plays a key role in the construction of the battery as it serves as a physical barrier to avoid electronic contact between the two electrodes and at the same time serves as an electrolyte reservoir facilitating ionic conduction.
The Battery Separator Market is expected to reach $ 5.75 billion in 2023, from $ 3.68 billion in 2018 to a CAGR of 12.78%. The separators are generally porous membranes that are placed between an anode and a cathode electrode of the battery. The main function of a separator is to prevent electrical short circuits by keeping two electrodes separate. The increase in population and industrialization, the increasing demand for electric vehicles and the many advances in battery technology are leading to the consumption of battery separators worldwide.
Market Drivers and Restraints:
Strict government regulations on reducing carbon emissions, the propensity of automakers to produce electric vehicles, and the growing demand for smartphones due to rapid urbanization are the main drivers of demand spacers. , Besides, increasing industrialization and increased reliance on technology are driving demand for consumer electronics products, and continued development in these areas has further increased the adoption of compact batteries. This, in turn, should fuel the demand for battery separators. However, the low thermal resistance of the battery separator materials and several reported cases of battery failure could reduce the consumption of battery separators.
Market profile:
The market for battery separators by type is segmented into an acid lead, Li-ion and others. It is expected that the lead-acid battery separator segment will be an essential contributor to the market growth due to its low cost and broad applicability. The segment of lithium-ion battery separators is expected to grow at a high CAGR during the forecast period. Lithium-ion batteries are generally used in electric vehicles and hybrid vehicles. The market based on the end-use industry has been divided between automotive, consumer electronics, industry, etc. The automotive sector is expected to have one of the most significant shares in the battery separator market. Technological advances have resulted in better battery cell chemistry, which has reduced the weight of battery packs, resulting in an increasing demand for battery separators suitable for various automotive applications.
By region (North America, South America, Europe, Asia Pacific, Middle East, and Africa)
Key players:
Toray Industry (Japan), Asahi Kasei (Japan), SK Innovation (South Korea), Freudenberg (Germany), Entek International (United States), W-Scope Industries (Japan) , Ube Industries (Japan), Sumitomo Chemical (Japan), Dreamweaver International (United States) and Bernard Dumas (France).
Important target group:
Suppliers of raw materials.
Manufacturing technology providers.
Vendors, distributors, and suppliers of battery separators.
Manufacturers in the end-use industries.
Associations of regional manufacturers and battery associations.
Government and regional organizations and research organizations
Investment Research Companies
Manufacturers of battery separators.
Key points:
Analysis and prediction of the battery separator market, by volume and value. In-depth study and analysis of market factors, limitations, and opportunities that influence the market growth of battery separators.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 lithium-ion
5.1.3 lead acid
5.1.4 others
5.1.5 Y-o-Y Growth Analysis, By Type
5.1.6 Market Attractiveness Analysis, By Type
5.1.7 Market Share Analysis, By Type
5.2 end-use industry
5.2.1 Introduction
5.2.2 automotive
5.2.3 consumer electronics
5.2.4 industrial
5.2.5 Y-o-Y Growth Analysis, By end-use industry
5.2.6 Market Attractiveness Analysis, By end-use industry
5.2.7 Market Share Analysis, By end-use industry
5.3 material
5.3.1 Introduction
5.3.2 polypropylene
5.3.3 polyethylene
5.3.4 others
5.3.5 Y-o-Y Growth Analysis, By Material
5.3.6 Market Attractiveness Analysis, By Material
5.3.7 Market Share Analysis, By Material
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By end-use industry
6.1.3.4 By Material
6.1.3.5 By Indication
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By end-use industry
6.1.4.4 By Material
6.1.4.5 By Indication
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By end-use industry
6.1.5.4 By Material
6.1.5.5 By Indication
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Athersys
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Toray Industry
8.3 Asahi Kasei
8.4 SK Innovation
8.5 Freudenberg
8.6 Entek International
8.7 W-Scope Industries
8.8 Ube Industries
8.9 Sumitomo Chemical
8.10 Dreamweaver International
8.11 Bernard Dumas
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
