Battery Separators Market

A battery separator detaches the two terminals, anode and cathode, which are the building blocks of a battery. It is moistened with electrolyte to form a catalyst that promotes the movement of ions from cathode to anode on charge and in reverse on discharge. The battery separator is an isolator with no electrical conductivity even though particles pass openly between the anodes.

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The major factor propelling the growth of the global battery separators market is the growing demand for smartphones, electric vehicles (EVs), and other electrical devices. Governments across the globe are providing subsidies and incentives to phase out the internal combustion engine vehicles. Furthermore, significant investments in the research & development activities for enhancements will acts as a key market driver. For instance, SK Innovation company signed a joint development agreement with PolyPlus Battery Company and announced its investment in the R&D of conductive glass separators owned by PolyPlus. Additionally, manufacturers are focusing on batteries with electrolytes based on solid materials apart from lithium-ion batteries with liquid electrolytes inside the battery. The growth of the e-commerce and logistics industry has significantly increased the number of warehouses for the efficient handling of goods, thus increasing the demand for material handling equipment. These factors are likely to boost the growth of the global battery separators market. Moreover, reducing prices of lithium-ion batteries owing to the improving economies of scale and hassle-free government norms are providing a substantial surge in the growth of the global battery separators market.

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Based on the battery type, the market is segmented into lithium ion (Li-Ion), lead acid, and others. The lithium ion segment is anticipated to grow at a faster CAGR over the forecast period owing to its high usage in electric vehicles (EVs). Growing adoption of electric vehicles in the commercial as well as passenger cars segment globally will surge the demand in the coming years.

Based on the end-use industry, the market is segmented into automotive, industrial, consumer electronics, and others. The automotive segment is projected to grow at a higher CAGR during the forecast period. This is attributed to the technological advancements that have led to the enhancement in battery cell chemistry, subsequently reducing the weight of battery packs. These advancements have significantly influenced the demand and use of appropriate battery separators for several automotive applications.

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Based on the region, Asia-Pacific region is expected to grow at a higher CAGR over the forecast period. Asia-Pacific region has emerged as a hub for automobile manufacturers and OEM market. Growing use of battery separators for different industrial applications along with the growth of the consumer electronics industry will further augment market growth in Asia-Pacific region in the coming years.

Various notable players operating in the market include Toray Industries, Inc., SK Innovation Co. Ltd, Asahi Kasei Corporation, W-Scope Corporation, Freudenberg, Entek, Dreamweaver International, UBE Industries, Ltd., Bernard Dumas, Sumitomo Chemical Co., Ltd., among others. 

Key Developments:

• • In 2020, Toray Industries, Inc. announced that it designed a non-porous separator for lithium-ion batteries, which could raise the capacity by improving the safety of lithium metal anode batteries, especially in drones, electric vehicles, and wearable electronic devices.
  • In 2020, SK Innovation Co. Ltd, Korean energy and chemical firm, announced to expand its production capacity by building a new plant in Poland, which will manufacture lithium-ion battery separators (LiBS) and Ceramic Coated Separators (CCS).

The global battery separators market has been segmented on the basis of battery type, end-use industry, material, and regions. Based on battery type, the market is segmented into lithium ion (Li-Ion), lead acid, and others. Based on end-use industry, the market is segmented into automotive, industrial, consumer electronics, and others. Based on material, the market is segmented into polypropylene, polyethylene, and others. 

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Key questions answered in this research report:

• • At what pace is global battery separators market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in battery separators market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global battery separators market?
  • Which battery type generated maximum revenues in 2019 and identify the most promising battery type during the forecast period?
  • What are the various end-use industry areas of global battery separators market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Battery Separators Market by Battery Type

• • Lithium Ion (Li-Ion)
  • Lead Acid
  • Others

Global Battery Separators Market by End-Use Industry

• • Automotive
  • Consumer Electronics
  • Industrial
  • Others

Global Battery Separators Market by Material

• • Polypropylene
  • Polyethylene
  • Others

Global Battery Separators Market by Region

• • North America Battery Separators Market (Option 1: As a part of the free 25% customization)
    • North America Market by Battery Type
    • North America Market by End-Use Industry
    • North America Market by Material
    • US Market All-Up
    • Canada Market All-Up
  • Europe Battery Separators Market (Option 2: As a part of the free 25% customization)
    • Europe Market by Battery Type
    • Europe Market by End-Use Industry
    • Europe Market by Material
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Battery Separators Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Market by Battery Type
    • Asia-Pacific Market by End-Use Industry
    • Asia-Pacific Market by Material
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Battery Separators Market (Option 4: As a part of the free 25% customization)
    • RoW Market by Battery Type
    • RoW Market by End-Use Industry
    • RoW Market by Material
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Battery Separators (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Toray Industries, Inc.
  • SK Innovation Co. Ltd
  • Asahi Kasei Corporation
  • W-Scope Corporation
  • Freudenberg
  • Entek
  • Dreamweaver International
  • UBE Industries, Ltd.
  • Bernard Dumas
  • Sumitomo Chemical Co., Ltd.