Global Battery Separator Market, By Battery Type (Li-Ion, Lead Acid, Others), Material Type (Polypropylene, Polyethylene, Others), End User (Automotive, Industrial, Consumer Electronics, Others) - Industry Trends and Forecast to 2030.
Battery Separator Market Analysis and Size
Consumer electronic gadgets have largely gained popularity, and as a result, they are highly demand across the globe. The consumer electronics sector is, however, the primary consumer of lithium-ion batteries. Moreover, electric vehicles (EVs) sales have increased and they are also becoming the largest consumers of lithium-ion batteries in recent years. Consequently, the surge in demand for consumer electronics as well as electric vehicles (EVs) will further boost the global battery separator market which drives the market in the forecast period of 2023 to 2030. Also, Advances in consumer electronic gadgets is significantly contributing to the market’s growth.
Data Bridge Market Research analyses that the global battery separator market was valued at USD 5.28 billion in 2022, is expected to reach USD 13.55 billion by 2030, registering a CAGR of 13.87% during the forecast period of 2023-2030. In 2023, “Li-ion” of battery type segment will dominate the market as Li-ion batteries have become the preferred choice for various applications due to their high energy density, long cycle life, and relatively low self-discharge rates. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Battery Separator Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Battery Type (Li-Ion, Lead Acid, Others), Material Type (Polypropylene, Polyethylene, Others), End User (Automotive, Industrial, Consumer Electronics, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Toray Industry Inc., (Japan), Asahi Kasei Corporation (Japan), SK Innovation Co. Ltd., (South Korea), Freudenberg SE (Germany), ENTEK International LLC (U.S.), Hollingsworth & Vose (U.S.), AMER-SIL (Luxembourg), B&F Technology (U.S.), W-Scope Corporation (Japan), Ube Corporation (Japan), Sumitomo Chemical Co. Ltd., (Japan), Dreamweaver International (U.S.), and Bernard Dumas (France), Electrovaya (Canada), DuPont (U.S.), Eaton (Ireland), Targray (Canada), TEIJIN LIMITED (Japan)
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Market Opportunities
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Market Definition
Battery separators separate anode (positive electrode) and cathode (negative electrode) materials within a cell mechanically. These barriers prevent short-circuits between the battery's internal components while also allowing for maximum ionic conductivity during charging or discharging. Separators have a porous structure and are chemically and electrochemically stable to the electrolyte and electrode materials in a battery. The separator is designed to shut down the batteries in the event of an overheating or short circuit.
Global Battery Separator Market Dynamics
Drivers
- High Demand across End Users
Increasing demand for separators in a variety of industries, including consumer electronics and automotive, will drive market demand during the forecast period of 2023 to 2030. Furthermore, the growing adoption of wet separators and micro grids in the automotive industry is expected to drive the battery separators market share. The increasing use of electronic vehicles will increase demand for lithium-ion batteries, which will drive the use of battery separators. In line with this, the increasing demand for EVs is acting as a key determinant favoring the growth of the battery separator market over forecast period of 2023 to 2030. Moreover, the rapid increase in demand for highly efficient batteries in various end-use industries is positively impacting the growth of the global battery separator market.
- Growing Demand for Electric Vehicles (EVs)
The increasing adoption of electric vehicles, driven by environmental concerns and government incentives, has been a significant driver for the battery separator market. EVs rely on large lithium-ion batteries, which require high-performance separators to ensure safety and efficiency.
Opportunity
- Advancements in Battery Technology
The ongoing research and development efforts to improve battery technology have led to the development of advanced lithium-ion batteries. These advanced batteries often require specialized separators that can withstand higher temperatures, provide better thermal stability, and offer improved ion conductivity. Battery manufacturers and material suppliers have been investing in research and development to create innovative separator materials and manufacturing processes. These advancements aim to enhance battery performance, safety, and cost-effectiveness.
Restraints/Challenges
- Competition from Alternative Technologies
The emerging battery technologies, such as solid-state batteries, have the potential to disrupt the dominance of lithium-ion batteries. These alternative technologies may require different separator solutions, impacting the traditional separator market. In a competitive market, differentiating separator products can be challenging. Manufacturers need to invest in research and development to create innovative separator solutions that stand out in terms of performance and safety.
- Regulatory Challenges and Economic Downturns
Battery manufacturers must comply with a range of regulations and safety standards. Meeting these standards can be challenging and may require significant investments in research, testing, and quality control.
This global battery separator market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global battery separator market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In January 2022, Entek Manufacturing, a well-known manufacturer of lead and lithium-ion battery separators, has acquired Adaptive Engineering & Fabrication, a manufacturer of material handling equipment. This acquisition will allow the rebranded company, Entek Adaptive, to emerge as the most recent product line for all material handling businesses. Adaptive will be in charge of developing, installing, and selling material handling equipment, with support from Entek's project management and engineering team
- In March 2021, Asahi Kasei, a global leader in the production of LIB separators, intends to increase the production capacity of Hipore Li-ion battery separators at its plant in Miyazaki, Japan. With wet-process manufacturing plants in Japan (Moriyama, Shiga, and Hyuga, Miyazaki) and dry-process manufacturing plants in the U.S., the company has been proactively focusing on expanding its LIB separator business (North Carolina)
Global Battery Separator Market Scope
The global battery separator market is segmented on the basis of battery type, material type and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Battery Type
- Li-Ion
- Lead Acid
- Others
Material Type
- Polypropylene
- Polyethylene
- Others
End-User
- Automotive
- Industrial
- Consumer Electronics
- Others
Global Battery Separator Market Regional Analysis/Insights
The global battery separator market is analyzed and market size insights and trends are battery type, material type and end-user as referenced above.
The countries covered in the global battery separator market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
Asia-Pacific dominates the global battery separator market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2023-2030. The market growth over this region is attributed to the presence of a huge automotive industry coupled with the increasing penetration of consumer electronics within the region.
Europe is estimated to show lucrative growth and become the fastest-growing region in the global battery separator market over the forecast period of 2023-2030, due to the strong consumer electronics demand coupled with the presence of stringent regulations, which has boosted the use of electric vehicles within the region.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Battery Separator Market Share Analysis
The global battery separator market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the global battery separator market.
Some of the major players operating in the global battery separator market are:
- Toray Industry Inc., (Japan)
- Asahi Kasei Corporation (Japan)
- SK Innovation Co. Ltd., (South Korea)
- Freudenberg SE (Germany)
- ENTEK International LLC (U.S.)
- Hollingsworth & Vose (U.S.)
- AMER-SIL (Luxembourg)
- B&F Technology (U.S.)
- W-Scope Corporation (Japan)
- Ube Corporation (Japan)
- Sumitomo Chemical Co. Ltd., (Japan)
- Dreamweaver International (U.S.)
- Bernard Dumas (France)
- Electrovaya (Canada)
- DuPont (U.S.)
- Eaton (Ireland)
- Targray (Canada)
- TEIJIN LIMITED (Japan)
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