IMARC Group has recently released a new research study “Lithium-Ion Battery Separator Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What are the growth prospects of the lithium-ion battery separator Industry?
The global lithium-Ion battery separator market size reached US$ 6.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 11.5 Billion by 2028, exhibiting a growth rate (CAGR) of 10.3% during 2023-2028.
what is a lithium-ion battery separator ?
A lithium-ion battery separator is a thin, porous membrane that prevents electrical short circuits by physically separating the anode and cathode. It is moisturized by an electrolyte that acts as a catalyst for the passage of ions inside the battery. It primarily focuses on facilitating ion transport in the cell while providing a barrier between two electrodes. It is manufactured from non-woven fibers, polymer films, and ceramic materials that offer chemical stability, excellent mechanical properties, and cost-effectiveness. As a result, lithium-ion battery separator finds extensive applications in industrial, automotive, and consumer electronics sectors across the globe.
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What are the key factors driving in the lithium-ion battery separator Market?
The global lithium-ion battery separator market is primarily driven by the rising adoption of electric vehicles (EVs). Moreover, the development of stable and safe lithium-ion batteries coated with polyolefins and ceramic oxides to prevent shrinkage and particle penetration is positively influencing the market growth. Additionally, the rising product demand due to its higher resistance to electrical short circuits, strength, chemical permeability, and safety is another major growth-inducing factor.
Besides this, the implementation of numerous favorable government initiatives to reduce carbon emissions has catalyzed market growth. Furthermore, the escalating demand for consumer electronics, such as smartphones, tablets, and laptops, is contributing to market growth. Other factors, including ongoing research and development (R&D) activities, miniaturization of lithium-ion batteries, improvements in separator design, and rapid growth in the automotive industry, are also anticipated to drive the market further.
Who are the key players/companies in the global lithium-ion battery separator market?
Asahi Kasei Corporation, Beijing SOJO Electric Co. Ltd., Cangzhou Mingzhu Plastic Co. Ltd., ENTEK International LLC, Mitsubishi Paper Mills Limited (Oji Paper Co. Ltd.), Shanghai Energy New Materials Technology Co. Ltd., SK Innovation Co. Ltd., Sumitomo Chemical Co. Ltd., Teijin Limited, Toray Industries Inc., UBE Corporation and W-SCOPE Corporation
| Lithium-Ion Battery Separator Market Report Scope | |
| Report Coverage | Details |
| Market size value in 2022 | US$ 6.3 Billion |
| Market forecast in 2028 | US$ 11.5 Billion |
| Growth Rate | CAGR of 10.3% from 2023 to 2028 |
| Base year for estimation | 2022 |
| Historical data | 2017-2022 |
| Forecast period | 2023-2028 |
| Report coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, And Trends |
| Segments covered | Material, Thickness and End User |
| Regional scope | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Key companies profiled | Asahi Kasei Corporation, Beijing SOJO Electric Co. Ltd., Cangzhou Mingzhu Plastic Co. Ltd., ENTEK International LLC, Mitsubishi Paper Mills Limited (Oji Paper Co. Ltd.), Shanghai Energy New Materials Technology Co. Ltd., SK Innovation Co. Ltd., Sumitomo Chemical Co. Ltd., Teijin Limited, Toray Industries Inc., UBE Corporation and W-SCOPE Corporation. |
| Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Material:
- Polypropylene (PP)
- Polyethylene (PE)
- Nylon
- Others
Breakup by Thickness:
- 16µm
- 20µm
- 25µm
Breakup by End User:
- Industrial
- Consumer Electronics
- Automotive
- Others
By Geography:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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