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Global Lithium-Ion Battery Separator Market InsightFebruary 10, 2022 Comments
The lithium-ion battery separator is forecast to crazy increase over the next few years. According to the WK-chem Research “Global Lithium-Ion Battery Separator Professional Survey Report 2022, Forecast to 2027”, The global demand for lithium-ion battery separator is driven by population growth and industrialization, along with increasing demand for electric vehicles and massive advancements in battery technology. The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 14.78% base on WK-chem Research regression analysis model.
From current market conditions, current separators, either in commercial use or in development, have not yet met the high stability and lifetime performance standards required to maintain battery technical efficiency and reliability. This is expected to open up a plethora of options for the market under consideration, said Amy, Senior analyst, Chemical & Material Market Research Center in WK-chem Research. Raw material price volatility and intense market competition are expected to affect manufacturers’ profit margins. Manufacturers of lithium-ion battery separators are expected to expand their geographic reach to attract customers in niche markets and reduce their reliance on third-party suppliers.
Government restrictions on carbon emissions in the automotive and industrial sectors are causing a shift toward lithium-ion batteries, which is fueling the growth of the Lithium-Ion Battery Separator Market. An increase in the use of electronics such as smartphones and tablets are fueling the global demand for lithium-ion battery separators. Automobile manufacturers are focusing their efforts on creating electric drivetrains and plug-in hybrid electric vehicles, such as battery electric vehicles and hybrid electric vehicles, which are fueling the growth of the Lithium-Ion Battery Separator Market.
The demand for better separator design has increased significantly as battery technology has advanced, and this is one of the key drivers driving the market growth. Current separators, whether in use or development, have yet to meet the high stability and lifespan performance standards required to keep battery technology efficient and reliable. This is expected to provide a slew of new possibilities for the market in question. Electric vehicles are becoming more popular as governments throughout the world raise their support, costs fall, and range improves. To stimulate growth, many countries around the world are investing in EV charging station infrastructure.
The separators melt when the heat resistance of the separators is low, leading the battery to shut down. Furthermore, safety concerns about the use of polyolefin separators are expected to hinder the global Lithium-Ion Battery Separator Market. Leading manufacturers are enhancing membrane porosity by using composite materials in separators to circumvent these restrictions, increasing the battery’s safety and reliability.
This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Lithium-Ion Battery Separator companies that include Celgard, Dreamweaver, Entek, Evonik, SK Innovation, Toray, Asahi Kasei, UBE Industries, Sumitomo Chem, Mitsubishi Chemical, Teijin, W-SCOPE, Semcorp, Senior Technology Material, Jinhui Hi-Tech, Zhongke Science & Technology, Cangzhou Mingzhu, Sinoma Science & Technology, ZIMT, Tianfeng Material, DG Membrane Tech (SOJO Group), Newmi-Tech, Hongtu LIBS Tech, Gellec, Zhenghua Separator, Huiqiang New Energy.
Segmentation of Lithium-Ion Battery Separator Market:
Based on Material, the market is segmented into nylon, polyethylene (pe), polypropylene (pp), and others. Lithium-ion batteries in electric vehicles frequently use polypropylene separators. Polypropylene is one of the most versatile polymers available, and it can be used as a fiber or a plastic in a wide range of applications. As the global need for more environmentally friendly transportation grows, the automobile industry is expected to develop. Electric vehicles are becoming increasingly popular and commercially viable. As a result of the increased acceptability and awareness of electric vehicles, the Lithium-Ion Battery Separator Market is predicted to rise.
Based on application, the market is segmented into industrial, consumer electronics, automotive, and others. In terms of end-use industries, the automotive segment is predicted to lead the Lithium-Ion Battery Separator Market during the forecast period. Improvements in battery cell chemistry have resulted in lighter battery packs as a result of technological breakthroughs. As a result, the use and demand for suitable battery separators in a variety of automotive applications have been influenced dramatically.
Lithium-Ion Battery Separator Market: Regional Analysis
In terms of geography, the global lithium-ion battery separator market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. Asia Pacific dominates the global lithium-ion battery supply chain market. Countries in the region are major supporters of the global lithium-ion battery supply chain, with China, Japan and South Korea leading the way. Countries such as Australia, India and Vietnam are not far behind. It is estimated that a large portion of the Asia-Pacific population lives without electricity and relies on traditional fuels such as kerosene and diesel for their lighting and mobile phone charging needs. The adoption of lithium-ion battery-integrated energy storage solutions is likely to increase due to the technological advantages associated with it and the falling price of lithium-ion batteries. This, in turn, is expected to create substantial opportunities for lithium-ion battery separator manufacturers in the near future. The demand for lithium-ion batteries in the region is expected to grow rapidly owing to the growth of new energy vehicles (NEVs) and ESSs for on-grid and off-grid applications. Hence, based on the above factors, Asia Pacific is expected to dominate the lithium-ion battery separator market during the forecast period.
Largest share area：Asia Pacific
Largest share country：China
Product Type(by Material)：Nylon, Polyethylene (PE), Polypropylene (PP), and Others
Application：Industrial, Consumer Electronics, Automotive, and Others
Leading Company：UBE Industries, Evonik, Toray, Asahi Kasei, Teijin