Lithium Ion Battery Separator Market Introduction and Overview
According to SPER Market Research, the Global Lithium Ion Battery Separator Market is estimated to reach USD 26.87 billion by 2033 with a CAGR of 16.48%.
The report includes an in-depth analysis of the Global Lithium Ion Battery Separator Market, including market size and trends, product mix, Applications, and supplier analysis. A battery separator is a polymeric membrane that separates the negatively charged cathode from the positively charged anode, preventing an electrical short circuit. The partition functions as a catalyst to accelerate the transfer of ions between two electrodes and is composed of a wet microporous membrane. Ions therefore travel forward during battery charging and backward during battery discharging. The Lithium Ion Battery Separator is used to turn off the battery's mechanism when an abnormally high level of heat is generated inside the battery cell. The performance and lifespan of lithium-ion batteries are increased by these polymer films, ceramic materials, and nonwoven fibre separators. In order to stop electric conduction during the ionic conductive process, the battery separator is necessary. It is widely utilized throughout numerous industries, including consumer electronics, transportation, and so on.
- The U.S. Department of Energy and Solvay have finalized an agreement in December 2023 to construct a plant in Augusta, GA for the production of battery-grade PVDF, which is utilized in electric car batteries as a separator coating and lithium-ion binder. The building is anticipated to open for business in 2026. With this deal, Solvay's position in the battery separator industry will grow considerably.
- In January 2022: ENTEK purchased AEF, a major provider of material handling systems. Building both extrusion and material handling equipment, ENTEK extended its production capabilities in its recently constructed plant in Henderson, NV, delivering the essential space and resources to support the expansion of the united firms.
- In March 2021: Asahi Kasei Corporation increased the capacity of its Mizayaki plant's Li-ion battery (LIB) separator manufacture to meet escalating demand for electric vehicles.
Market Opportunities and Challenges
The consistent rise in the demand for smart devices is one of the main factors propelling the industry along. Thanks to technology developments, such as enhanced network connectivity and user experience, the use of smart devices, such as smartphones, tablets, and smart wearables, has been continuously increasing. The internet's explosive growth, combined with customers' rising disposable incomes and purchasing power, have further sped up the adoption of these devices. Intelligent devices are powered by lithium-ion batteries, which offer a low rate of discharge and a high energy density. Because more and more sophisticated gadgets are being used, it is therefore expected that the market for lithium-ion battery separators would increase dramatically during the course of the projection. Further influencing the cost of manufacturing EVs is the declining cost of lithium-ion batteries. The market for electric vehicles is expected to grow rapidly. Consequently, there will likely be an increase in demand for lithium-ion battery separators.
Numerous obstacles and limitations confront the lithium-ion battery separator industry. Costs of manufacturing and profit margins are impacted by price volatility for raw materials. Battery failure is a difficulty in terms of ensuring safety and thermal stability. Steady innovation and uniqueness are necessary in a competitive environment. Sustainable methods are required in order to address environmental concerns about battery recycling and disposal. Operating difficulties are caused by limits in the supply chain and manufacturing capacity. Furthermore, carrying Lithium-ion batteries is a natural challenge. It may be challenging to carry lithium-ion batteries because they are prohibited from being carried on many planes and subject to shipping restrictions. It follows that this might impede market expansion.
Market Competitive Landscape
The fragmented and competitive Lithium Ion Battery Separator market is home to several noteworthy companies. A handful of the leading businesses in the industry are Asahi Kasei Group, Entek International LLC, Targray Technology International Inc, Freudenberg & Co KG, Mitsubishi Plastics Inc, TEIJIN Limited, Porous Power Technologies LLC, UBE Industries Ltd, W-Scope Corporation, SK Innovation Co Ltd, Celgard LLC, Sumitomo Chemical Company Limited, ENTEK, and Natrion.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Material, By Thickness, By Technology, By End User
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| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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| Companies Covered | Asahi Kasei Group, Entek International LLC, Targray Technology International Inc, Freudenberg & Co KG, Mitsubishi Plastics Inc, TEIJIN Limited, Porous Power Technologies LLC, UBE Industries Ltd, W-Scope Corporation, SK Innovation Co Ltd, Celgard LLC, Sumitomo Chemical Company Limited, ENTEK, Natrion.
|
COVID-19 Impact on Global Lithium Ion Battery Separator Market
The COVID-19 epidemic affected the Li-ion battery supply chain as well as the market for battery separators. For example, in the first quarter of 2020, China experienced a 39% decline in monthly EV sales. Over the past ten years, lithium-ion battery prices have dropped significantly. This price decline, along with the growing popularity of electric vehicles, will be the main drivers of market demand for the duration of the projection. On the other hand, it is predicted that over the anticipated time, market expansion will be constrained by the mismatch between raw material supply and demand.
Key Target Audience:
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
Our in-depth analysis of the Lithium Ion Battery Separator Market includes the following segments:
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By Type: |
Microporous
Ceramic-coated
Composite
|
|
By Material: |
Polypropylene (PP)
Polyethylene (PE)
Nylon
|
|
By Thickness: |
16µm
20µm
25µm
|
|
By Technology: |
Dry Processing
Wet Processing
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|
By End User: |
Automotive
Consumer Electronics
Industrial
Others
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Key Topics Covered in the Report:
- Global Lithium Ion Battery Separator Market Size (FY’2024-FY’2033)
- Overview of Global Lithium Ion Battery Separator Market
- Segmentation of Global Lithium Ion Battery Separator Market By Type (Microporous, Ceramic-coated, Composite)
- Segmentation of Global Lithium Ion Battery Separator Market By Material (Polypropylene, Polyethylene, Nylon, Others)
- Segmentation of Global Lithium Ion Battery Separator Market By Thickness (16µm, 20µm, 25µm)
- Segmentation of Global Lithium Ion Battery Separator Market By Technology (Wet Processing, Dry Processing)
- Segmentation of Global Lithium Ion Battery Separator Market By End User (Automotive, Consumer Electronics, Industrial, Others)
- Statistical Snap of Global Lithium Ion Battery Separator Market
- Expansion Analysis of Global Lithium Ion Battery Separator Market
- Problems and Obstacles in Global Lithium Ion Battery Separator Market
- Competitive Landscape in the Global Lithium Ion Battery Separator Market
- Impact of COVID-19 and Demonetization on Global Lithium Ion Battery Separator Market
- Details on Current Investment in Global Lithium Ion Battery Separator Market
- Competitive Analysis of Global Lithium Ion Battery Separator Market
- Prominent Players in the Global Lithium Ion Battery Separator Market
- SWOT Analysis of Global Lithium Ion Battery Separator Market
- Global Lithium Ion Battery Separator Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Lithium Ion Battery Separator Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Lithium Ion Battery Separator Market Manufacturing Base Distribution, Sales Area, Ingredients
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Lithium Ion Battery Separator Market
7. Global Lithium Ion Battery Separator Market, By Type (USD Million) 2020-2033
7.1. Global Lithium Ion Battery Separator Market Size, Share and Forecast, By Type, 2020-2026
7.2. Global Lithium Ion Battery Separator Market Size, Share and Forecast, By Type, 2027-2033
7.3. Microporous
7.4. Ceramic-coated
7.5. Composite
8. Global Lithium Ion Battery Separator Market, By Material (USD Million) 2020-2033
8.1. Global Lithium Ion Battery Separator Market Size, Share and Forecast, By Material, 2020-2026
8.2. Global Lithium Ion Battery Separator Market Size, Share and Forecast, By Material, 2027-2033
8.3. Polypropylene (PP)
8.4. Polyethylene (PE)
8.5. Nylon
8.6. Others
9. Global Lithium Ion Battery Separator Market, By Thickness (USD Million) 2020-2033
9.1. Global Lithium Ion Battery Separator Market Size, Share and Forecast, By
Thickness, 2020-2026
9.2. Global Lithium Ion Battery Separator Market Size, Share and Forecast, By
Thickness, 2027-2033
9.3. 16µm
9.4. 20µm
9.5. 25µm
10. Global Lithium Ion Battery Separator Market, By Technology (USD Million) 2020-2033
10.1. Global Lithium Ion Battery Separator Market Size, Share and Forecast, By Technology, 2020-2026
10.2. Global Lithium Ion Battery Separator Market Size, Share and Forecast, By Technology, 2027-2033
10.3. Dry Processing
10.4. Wet Processing
11. Global Lithium Ion Battery Separator Market, By End User (USD Million) 2020-2033
11.1. Global Lithium Ion Battery Separator Market Size, Share and Forecast, By End User, 2020-2026
11.2. Global Lithium Ion Battery Separator Market Size, Share and Forecast, By End User, 2027-2033
11.3. Automotive
11.4. Consumer Electronics
11.5. Industrial
11.6. Others
12. Global Lithium Ion Battery Separator Market, Forecast, 2020-2033 (USD Million)
12.1. Global Lithium Ion Battery Separator Market Size and Market Share
13. Global Lithium Ion Battery Separator Market, By Region, 2020-2033 (USD Million)
13.1. Global Lithium Ion Battery Separator Market Size and Market Share, By Region (2020-2026)
13.2. Global Lithium Ion Battery Separator Market Size and Market Share, By Region (2027-2033)
13.3. Asia-Pacific
13.3.1. Australia
13.3.2. China
13.3.3. India
13.3.4. Japan
13.3.5. South Korea
13.3.6. Rest of Asia-Pacific
13.4. Europe
13.4.1. France
13.4.2. Germany
13.4.3. Italy
13.4.4. Spain
13.4.5. United Kingdom
13.4.6. Rest of Europe
13.5. Middle East and Africa
13.5.1. Kingdom of Saudi Arabia
13.5.2. United Arab Emirates
13.5.3. Qatar
13.5.4. South Africa
13.5.5. Egypt
13.5.6. Morocco
13.5.7. Nigeria
13.5.8. Rest of Middle-East and Africa
13.6. North America
13.6.1. Canada
13.6.2. Mexico
13.6.3. United States
13.7. Latin America
13.7.1. Argentina
13.7.2. Brazil
13.7.3. Rest of Latin America
14. Company Profile
14.1. Asahi Kasei Group
14.1.1. Company details
14.1.2. Financial outlook
14.1.3. Product summary
14.1.4. Recent developments
14.2. Entek International LLC
14.2.1. Company details
14.2.2. Financial outlook
14.2.3. Product summary
14.2.4. Recent developments
14.3. Targray Technology International Inc.
14.3.1. Company details
14.3.2. Financial outlook
14.3.3. Product summary
14.3.4. Recent developments
14.4. Freudenberg & Co. KG
14.4.1. Company details
14.4.2. Financial outlook
14.4.3. Product summary
14.4.4. Recent developments
14.5. Mitsubishi Plastics Inc.
14.5.1. Company details
14.5.2. Financial outlook
14.5.3. Product summary
14.5.4. Recent developments
14.6. TEIJIN Limited
14.6.1. Company details
14.6.2. Financial outlook
14.6.3. Product summary
14.6.4. Recent developments
14.7. Porous Power Technologies LLC
14.7.1. Company details
14.7.2. Financial outlook
14.7.3. Product summary
14.7.4. Recent developments
14.8. UBE Industries Ltd
14.8.1. Company details
14.8.2. Financial outlook
14.8.3. Product summary
14.8.4. Recent developments
14.9. W-Scope Corporation
14.9.1. Company details
14.9.2. Financial outlook
14.9.3. Product summary
14.9.4. Recent developments
14.10. SK Innovation Co Ltd
14.10.1. Company details
14.10.2. Financial outlook
14.10.3. Product summary
14.10.4. Recent developments
14.11. Celgard LLC
14.11.1. Company details
14.11.2. Financial outlook
14.11.3. Product summary
14.11.4. Recent developments
14.12. Sumitomo Chemical Company Limited
14.12.1. Company details
14.12.2. Financial outlook
14.12.3. Product summary
14.12.4. Recent developments
14.13. ENTEK
14.13.1. Company details
14.13.2. Financial outlook
14.13.3. Product summary
14.13.4. Recent developments
14.14. Natrion
14.14.1. Company details
14.14.2. Financial outlook
14.14.3. Product summary
14.14.4. Recent developments
14.15. Others
15. List of Abbreviations
16. Reference Links
17. Conclusion
18. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
