1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
FEATURED COMPANIES
- Asahi Kasei Corp.
- Microporous LLC
- SK innovation Co. Ltd.
- Toray Industries Inc.
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
Global Battery Separator Market: About this market
The battery separator market analysis considers sales from the lithium-ion battery, lead-acid battery, and others. The analysis also considers the sales of battery separator in America, APAC, and EMEA. In 2018, the lithium-ion battery segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as advancements in technology will help the lithium-ion battery segment to maintain its market position. Also, the global battery separator market report looks at factors such as steady growth in demand for consumer electronics, shift towards EVs in the automotive industry, and increasing adoption of microgrids. However, safety concerns related to lithium-ion batteries, drawbacks of lead-acid batteries, and demand-supply disparities in lithium-ion battery component may hamper the growth of the battery separator industry over the forecast period.
Global Battery Separator Market: Overview
Shift toward EVs in the automotive industry
Rising environmental concerns and increasing GHG emissions have led to the use of fossil fuels in the transportation sector. The possible replacement for fossil fuel-powered vehicles is EVs. Countries are planning to replace diesel vehicles with EVs completely. Globally, the government has announced numerous incentives for vehicle owners like free public parking or private parking space, exemption from toll taxes, and free charging from public charging points to promote the adoption of EVs. This will lead to the expansion of the global battery separator market at a CAGR of over 14% during the forecast period.
Decline in lithium-ion battery cost
The cost of lithium-ion batteries declined by about 85% over the past decade because of the increased adoption of battery technology across the automotive industry and cost-effective manufacturing methods employed by vendors. Thus, cost reduction, coupled with enhanced performance of lithium-ion batteries, is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of a few major players, the global battery separator market is concentrated. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of few leading battery separator manufacturers, that include Asahi Kasei Corp., Dreamweaver International Inc., Microporous LLC, SK innovation Co. Ltd., Sumitomo Chemical Co. Ltd., Toray Industries Inc.
Also, the battery separator market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The battery separator market analysis considers sales from the lithium-ion battery, lead-acid battery, and others. The analysis also considers the sales of battery separator in America, APAC, and EMEA. In 2018, the lithium-ion battery segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as advancements in technology will help the lithium-ion battery segment to maintain its market position. Also, the global battery separator market report looks at factors such as steady growth in demand for consumer electronics, shift towards EVs in the automotive industry, and increasing adoption of microgrids. However, safety concerns related to lithium-ion batteries, drawbacks of lead-acid batteries, and demand-supply disparities in lithium-ion battery component may hamper the growth of the battery separator industry over the forecast period.
Global Battery Separator Market: Overview
Shift toward EVs in the automotive industry
Rising environmental concerns and increasing GHG emissions have led to the use of fossil fuels in the transportation sector. The possible replacement for fossil fuel-powered vehicles is EVs. Countries are planning to replace diesel vehicles with EVs completely. Globally, the government has announced numerous incentives for vehicle owners like free public parking or private parking space, exemption from toll taxes, and free charging from public charging points to promote the adoption of EVs. This will lead to the expansion of the global battery separator market at a CAGR of over 14% during the forecast period.
Decline in lithium-ion battery cost
The cost of lithium-ion batteries declined by about 85% over the past decade because of the increased adoption of battery technology across the automotive industry and cost-effective manufacturing methods employed by vendors. Thus, cost reduction, coupled with enhanced performance of lithium-ion batteries, is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of a few major players, the global battery separator market is concentrated. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of few leading battery separator manufacturers, that include Asahi Kasei Corp., Dreamweaver International Inc., Microporous LLC, SK innovation Co. Ltd., Sumitomo Chemical Co. Ltd., Toray Industries Inc.
Also, the battery separator market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Asahi Kasei Corp.
- Microporous LLC
- SK innovation Co. Ltd.
- Toray Industries Inc.
PART 01: EXECUTIVE SUMMARYPART 06: CUSTOMER LANDSCAPE
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 07: GEOGRAPHIC LANDSCAPE
PART 08: MARKET SEGMENTATION BY BATTERY TYPE
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDS
PART 11: VENDOR LANDSCAPE
PART 12: VENDOR ANALYSIS
PART 13: APPENDIX
List of Exhibits
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Asahi Kasei Corp.
- Microporous LLC
- SK innovation Co. Ltd.
- Toray Industries Inc.
The following companies are recognised as the key players in the global battery separator market: Asahi Kasei Corp., Dreamweaver International Inc., Microporous LLC, SK innovation Co. Ltd., Sumitomo Chemical Co. Ltd., Toray Industries Inc.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the decline in lithium-ion battery cost.”
According to the report, one of the major drivers for this market is the shift toward EVs in the automotive industry.
Further, the report states that one of the major factors hindering the growth of this market is the concerns related to lithium-ion batteries.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the decline in lithium-ion battery cost.”
According to the report, one of the major drivers for this market is the shift toward EVs in the automotive industry.
Further, the report states that one of the major factors hindering the growth of this market is the concerns related to lithium-ion batteries.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- Asahi Kasei Corp.
- Dreamweaver International Inc.
- Microporous LLC
- SK innovation Co. Ltd.
- Sumitomo Chemical Co. Ltd.
- Toray Industries Inc.
Note: Product cover images may vary from those shown
