Battery Separators Market Analysis - Global Industry Size, Share, Trends and Forecast 2020 - 2027

Category : Chemicals and Materials | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC2298

The cathode and anode are the building blocks of the battery and are separated by a separator from the two terminals. The separator is moisture with electrolyte and provides a catalyst for ion motion from cathode to anode at load and back when discharged.

While particles are moved freely between the anodes, the separator is an electrically conductive insulator.

Market Dynamics

The demand for electric vehicles throughout the world is driving the batteries market, which will in turn fuel global battery separators demand in the sector. Moreover, the demand for consumer electronics is leading to global growth on the market of the world's battery separators because of growing per-capita income and the customer buying power. Furthermore, technical development in lithium-ion batteries has improved battery production, which in this projected period is expected to boost the growth of the global market for battery separators.

Segment Analysis by Region

The Asia-Pacific market for battery separators was the largest market of 43% (value) and fastest growing in 2019 and is projected to continue to dominate over the forecast period. Over the projected period, rising demand for consumer electronics and electric vehicles would lead the growth of the regional market. The second largest battery separator market in 2019 was North America. Factors expected to drive the growth of battery separators market in the area are strong emphasis on science, production and stable growth of the electronics and automotive industries. In 2019, Europe surpassed America's market size due to the extreme rise in automobile and transportation sectors that are consequently increasing in the region's demand for battery separators, with Germany being the forerunner in demand generation. The battery separator demand growth in 2019 was influenced by sluggish economic development in Latin America. Modest growth is anticipated in the area during the projected period as a result of the increasing industrial development in Brazil, Mexico and Venezuela. Middle East and Africa is projected to grow in a continuous manner owing to the rising demand for smartphones and other consumer electronic goods in the region.

Report coverage

Market

Global Battery Separators Market

Analysis Period

2016 – 2027

Base Year

2019

Forecast Data

2020 – 2027

Market Stratification

Technology , End-User, and Geography

Regional Scope

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Report Coverage

Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis


Key Industry Players

Some of the key players in the global battery separator market are Asahi Kasei Corporation, Toray Industries, Inc, Sumitomo Chemical Co., SK Innovation Co., Ltd, Freudenberg Performance Material, Cangzhou Mingzhu Plastic Co., Ltd, W-Scope Corporation, Ube Industries, Ltd, Entek, Dow DuPont, Mitsubishi Chemical Corporation, Dreamweaver International, Bernard Dumas, Eaton, Teijin Limited, and others.

Market Segmentation

Market By Product Type

Lead Acid

Li-ion

Market By End User

Automotive

Consumer Electronics

Industrial

Market By Region

North America

  • U.S.
  • Canada

Europe

  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa


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