Lithium-Ion Battery Separator (Lithium Battery Separator) Market Outlook, Competitive Landscape, Industry Analysis and Forecasts 2023-2028
IMARC Group has recently released a new research study “Lithium-Ion Battery Separator (Lithium 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.
Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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What is a Lithium-Ion Battery Separator Market?
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.
What are the major market drivers in the Lithium-Ion Battery Separator (Lithium 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 Major Key Players in 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
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Report Segmentation:
The report has been segmented the market into following categories
Breakup by Material:
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Polypropylene (PP)
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Polyethylene (PE)
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Nylon
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Others
Breakup by Thickness:
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16µm
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20µm
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25µm
Breakup by End User:
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Industrial
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Consumer Electronics
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Automotive
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Others
By Geography:
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North America (United States, Canada)
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Europe (Germany, France, United Kingdom, Italy, Spain, Others)
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Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
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Latin America (Brazil, Mexico, Others)
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Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
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Market Performance (2017-2022)
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Market Outlook (2023- 2028)
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Porter’s Five Forces Analysis
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Market Drivers and Success Factors
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SWOT Analysis
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Value Chain
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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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