IMARC Group has recently released a new research study “Lithium-Ion Battery Separator Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, 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$ 5.67 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 11.32 Billion by 2027, exhibiting a growth rate (CAGR) of 11.70% during 2022-2027.
What is a Lithium-Ion Battery Separator Market ?
Lithium-ion battery separator refers to thin and porous membranes that physically separate the anode and cathode to stop electrical short circuits. In terms of the material type, they can be segmented into polypropylene (PP), polyethylene (PE), and nylon categories.
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These lithium-ion battery separator variants have excellent mechanical properties, efficient chemical stability, and are extremely cost-effective. They focus on offering a barrier between two electrodes while enabling ion transport in the cell.
Consequently, lithium-ion battery separator membranes find extensive utilization across various sectors, such as automotive, industrial, consumer electronics, etc.
What are the major market drivers in the Lithium-Ion Battery Separator Market:
The growing inclination for electric vehicles (EVs) across the globe to minimize carbon emissions and air pollution is among the key factors driving the lithium-ion battery separator market.
In line with this, the implementation of numerous stringent regulations by government bodies aimed at banning the use of internal combustion engine (ICE) vehicles is acting as another significant growth-inducing factor.
In addition to this, the launch of lithium-ion batteries layered with ceramic oxides and polyolefins that are safe, stable, and aid in lowering shrinkage and particle penetration is also positively influencing the market growth.
Moreover, the elevating demand for battery-operated smart electronic devices, which include smartphones, laptops, tablets, etc., especially in the developing countries, is further stimulating the market growth.
Besides this, the inflating investments in research and development (R&D) activities and the escalating advancements and improvements in separator designs that help meet the high stability and lifespan performance standards are expected to propel the lithium-ion battery separator market over the forecasted period.
|Lithium-Ion Battery Separator Market Report Scope|
|Market size value in 2021||US$ 5.67 Billion|
|Market forecast in 2027||US$ 11.32 Billion|
|Growth Rate||CAGR of 11.70% from 2022 to 2027|
|Base year for estimation||2021|
|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.|
The report has been segmented the market into following categories:
Breakup by Material:
- Polypropylene (PP)
- Polyethylene (PE)
Breakup by Thickness:
Breakup by End User:
- Consumer Electronics
- 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)
List of Major Key Players:
The major players in the market are
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.
And W-SCOPE Corporation
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