Sandy, Utah, USA, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Lithium-Ion Battery Separator Market Size, Trends and Insights By Material (Polyethylene (PE), Nylon, Polypropylene (PP), Others), By Temperature (10 °C – 25 °C, 130 °C – 135 °C), By End-user (Automotive, Industrial, Consumer Electronics, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” in its research database.
“According to the latest research study, the demand for global Lithium Ion Battery Separator Market size & share was valued at approximately USD 5.5 Billion in 2021 and is expected to reach USD 6.70 billion in 2022and is expected to reach a value of around USD 15.5 Billion by 2030, at a compound annual growth rate (CAGR) of about 17% during the forecast period 2022 to 2030.”
CMI’s research report offers a 360-degree view of the Lithium Ion battery Separator market’s drivers and restraints, coupled with their impact on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Lithium-Ion Battery Separator market.
Click Here to Access a Free Sample Report of the Global Lithium Ion Battery Separator Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=20094
Lithium Ion Battery Separator Market: Overview
A battery separator is a polymeric membrane that separates the negatively charged cathode from the positively charged anode to prevent an electrical short circuit. The partition, a wet microporous membrane, acts as a catalyst to quicken the transfer of ions between two electrodes. As a result, ions move backward when the battery is discharged and forward when the battery is being charged. When an extraordinary amount of heat is produced inside the battery cell, the Lithium Ion Battery Separator is utilized to shut off the battery’s mechanism.
These polymer films, ceramic materials, and nonwoven fibre separators extend the life and performance of lithium-ion batteries. The battery separator is essential to prevent electric conduction during the ionic conductive process. It is extensively used in many industries, such as consumer electronics, transportation, etc. Manufacturers of electric vehicles (EVs) are expanding into a sizable market for these batteries. Lithium-ion batteries are primarily used in electric cars.
Key questions answered in this report:
- What is the size of the Lithium Ion Battery Separator market and what is its expected growth rate?
- What are the primary driving factors that push the Lithium Ion Battery Separator market forward?
- What are the Lithium Ion Battery Separator Industry's top companies?
- What are the different categories that the Lithium Ion Battery Separator Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Lithium Ion Battery Separator market sample report and company profiles?
Click Here to Access a Free Sample Report of the Global Lithium Ion Battery Separator Market @ https://www.custommarketinsights.com/report/lithium-ion-battery-separator-market/
Growth Factors
The falling price of Lithium-Ion batteries impacts the cost of manufacturing EVs. It is anticipated that the electric vehicle market will expand quickly. As a result, the need for lithium-ion battery separators is expected to grow. Better separator design has become increasingly necessary as battery technology has advanced. The high stability and lifespan performance standards required to prevent battery Technology from degrading, whether in production or research, still need to be met by current separators.
One of the key drivers of the market’s growth is the steadily increasing demand for smart gadgets. The usage of smart devices like smartphones, smart wearables, and tablets has risen steadily thanks to technological advancements, including improved network connectivity and improved user experience. Along with this, the adoption of such devices has been accelerated by the rapid expansion of the internet and consumers’ increasing disposable incomes and purchasing power. Lithium-ion batteries, which have a high energy density and a low discharge rate, are the power source for smart gadgets. Therefore, the demand for lithium-ion battery separators is anticipated to grow significantly throughout the forecast due to the increasing adoption of intelligent devices.
(A free sample of the Lithium Ion Battery Separator report is available upon request; please contact us for more information.)
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(Please note that the sample of the Lithium Ion Battery Separator report has been modified to include the COVID-19 impact study prior to delivery.)
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Segmental Overview
The market for Lithium-Ion Battery Separator is segmented into the battery, temperature, and end-user industries. Based on the end-use industries, the automotive segment held a market share of more than 40% in the global battery separators market and registered a respectable CAGR of over 15% through 2030. The automotive industry’s growing need for lithium-ion batteries and the widespread use of electronic vehicles are expected to lead to significant growth in the global market for battery separators.
Lithium-ion batteries now weigh significantly less due to recent technological advancements, making them more appealing for electric vehicle applications. The other market sector, which in 2022 had a market share of more than 2%, is expected to grow at a CAGR of more than 10.1%. Consumer electronics, telecommunication, and other industries are included in the other segment.
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Regional Overview
Asia-Pacific dominated the world market for the li-ion battery supply chain as of 2021. China, Japan, and South Korea are the primary promoters of the world’s supply chain for lithium-ion batteries in the region. Following the leading nations, nations like Australia, India, and Vietnam also have ambitions to establish li-ion battery manufacturing plants shortly.
According to estimates, a sizeable portion of the population in the Asia-Pacific region lacks access to electricity and relies on traditional fuels like kerosene and diesel for their lighting and mobile phone charging needs. Due to the technical advantages, it offers, and the falling cost of lithium-ion batteries, the use of integrated energy storage solutions is predicted to increase. In turn, this is anticipated to generate a sizable number of prospects for the makers of li-ion battery separators shortly.
Lithium Ion Battery Separator Market Report Scope
| Feature of the Report | Details |
| Market Size in 2021 | USD 5.5 Billion |
| Projected Market Size in 2030 | USD 15.5 Billion |
| Market Size in 2022 | USD 6.70 billion |
| CAGR Growth Rate | 17% CAGR |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Prominent Players | Celgard, Entek, Dreamweaver, Evonik, SK Innovation, Asahi Kasei, Toray, UBE Industries, Mitsubishi Chemical, Sumitomo Chem, Teijin, W-SCOPE, Senior Technology Material, Semcorp, Jinhui Hi-Tech, Zhongke Science & Technology, Cangzhou Mingzhu, ZIMT, Sinoma Science & Technology, and Others |
| Key Segment | By Material, Temperature, End-user, and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Lithium Ion Battery Separator market Key Players Insights
The competitive landscape for the Lithium Ion Battery Separator market includes information from competitors. The company’s financials, revenue generated, market potential, investment in R&D, new market initiatives, production sites and facilities, global presence, production capacities, product launch, company strengths and weaknesses, product width and breadth, and application dominance are among the details that are included. The above points are limited to the companies’ system in package (SIP) market-related focus.
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Browse the full “Lithium-Ion Battery Separator Market Size, Trends and Insights By Material (Polyethylene (PE), Nylon, Polypropylene (PP), Others), By Temperature (10 °C – 25 °C, 130 °C – 135 °C), By End-user (Automotive, Industrial, Consumer Electronics, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” Report at https://www.custommarketinsights.com/report/lithium-ion-battery-separator-market/
Lithium Ion Battery Separator market Prominent Players
- Celgard
- Entek
- Dreamweaver
- Evonik
- SK Innovation
- Asahi Kasei
- Toray
- UBE Industries
- Mitsubishi Chemical
- Sumitomo Chem
- Teijin
- W-SCOPE
- Senior Technology Material
- Semcorp
- Jinhui Hi-Tech
- Zhongke Science & Technology
- Cangzhou Mingzhu
- ZIMT
- Sinoma Science & Technology
The global Lithium Ion Battery Separator market is segmented as follows:
By Material
- Polyethylene (PE)
- Nylon
- Polypropylene (PP)
- Others
By Temperature
- 10 °C – 25 °C
- 130 °C – 135 °C
By End-user
- Automotive
- Industrial
- Consumer Electronics
- Others
On the basis of Geography
North America
- The U.S.
- Canada
- Mexico
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Key Insights:
- As per the analysis shared by our research analyst, the Lithium-Ion Battery Separator market is estimated to grow annually at a CAGR of around 17% over the forecast period (2022-2030).
- In terms of revenue, the Lithium-Ion Battery Separator market size was valued at around USD 5.5 billion in 2021 and is projected to reach USD 15.5 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- Based on material segmentation, the Polyethylene (PE) segment was predicted to show maximum market share in 2021.
- Based on end-user segmentation, the automotive segment was the top revenue-generating category in 2021.
- Based on geography/region, the Asia Pacific region was the leading revenue generator in 2021.
Click Here to Get a Free Sample Report of the Global Lithium Ion Battery Separator Market @ https://www.custommarketinsights.com/report/lithium-ion-battery-separator-market/
Recent Development
- September 2022: To accelerate the growth of the European market, China’s Senior Technology Material plans to boost production at its EV battery separator facilities in Sweden. The lithium-ion battery parts capacity will increase, and Senior Tech will invest CNY872 million (USD122 million) in land and factories in Sweden.
- April 2022: The US Department of Energy’s requirement for a resilient and sustainable domestic US lithium battery supply chain has been met by ENTEK’s commitment to a transformational expansion of its US lithium-ion battery separator footprint. With further growth through 2027, ENTEK will have produced 1.4 billion square meters of lithium-ion separators, having finished its first significant increase of that sector’s output in the US by 2025. When this initial expansion is completed, 1.4 million electric vehicles will be able to be powered by the separator material it produces.
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This Lithium Ion Battery Separator Market Research/Analysis Report Contains Answers to the following Questions.
- Which Manufacturing Technology is used for Lithium Ion Battery Separator? What Developments Are Going on in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Lithium Ion Battery Separator Market? What are Their Company Profile, Their Product Information, and Contact Information?
- What Was the Global Market Status of the Lithium Ion Battery Separator Market? What Was the Capacity, Production Value, Cost and PROFIT of the Lithium Ion Battery Separator Market?
- What Is the Current Market Status of the Lithium Ion Battery Separator Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Lithium Ion Battery Separator Market by Considering Applications and Types?
- What Are Projections of the Global Lithium Ion Battery Separator Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Lithium Ion Battery Separator Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact on Lithium Ion Battery Separator Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are the Market Dynamics of the Lithium Ion Battery Separator Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Lithium Ion Battery Separator Industry?
Directly Purchase a copy of the Lithium Ion Battery Separator report [220+ Pages] @ https://www.custommarketinsights.com/report/lithium-ion-battery-separator-market/
Reasons to Purchase Lithium Ion Battery Separator Market Report
- Lithium Ion Battery Separator Market Report provides qualitative and quantitative market analysis based on segmentation involving economic and non-economic factors.
- Lithium Ion Battery Separator Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Lithium Ion Battery Separator Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Lithium Ion Battery Separator Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.
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Reasons for the Research Report
- The study provides a thorough overview of the global Lithium Ion Battery Separator market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Lithium Ion Battery Separator market analysis.
- The competitive environment of current and potential participants in the Lithium Ion Battery Separator market is covered in the report, as well as those companies' strategic product development ambitions.
- According to the component, application, and Industry Vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Lithium Ion Battery Separator market should find this report useful. The research will be useful to all market participants in the Lithium Ion Battery Separator Industry.
- Managers in the Lithium Ion Battery Separator sector are interested in publishing up-to-date and projected data about the worldwide Lithium Ion Battery Separator market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Lithium Ion Battery Separator products' market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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