The cathode and anode are the building blocks of the battery and are separated by a separator from the two terminals. The separator is moisture with electrolyte and provides a catalyst for ion motion from cathode to anode at load and back when discharged.
While particles are moved freely between the anodes, the separator is an electrically conductive insulator.
Market Dynamics
The demand for electric vehicles throughout the world is driving the batteries market, which will in turn fuel global battery separators demand in the sector. Moreover, the demand for consumer electronics is leading to global growth on the market of the world's battery separators because of growing per-capita income and the customer buying power. Furthermore, technical development in lithium-ion batteries has improved battery production, which in this projected period is expected to boost the growth of the global market for battery separators.
Segment Analysis by Region
The Asia-Pacific market for battery separators was the largest market of 43% (value) and fastest growing in 2019 and is projected to continue to dominate over the forecast period. Over the projected period, rising demand for consumer electronics and electric vehicles would lead the growth of the regional market. The second largest battery separator market in 2019 was North America. Factors expected to drive the growth of battery separators market in the area are strong emphasis on science, production and stable growth of the electronics and automotive industries. In 2019, Europe surpassed America's market size due to the extreme rise in automobile and transportation sectors that are consequently increasing in the region's demand for battery separators, with Germany being the forerunner in demand generation. The battery separator demand growth in 2019 was influenced by sluggish economic development in Latin America. Modest growth is anticipated in the area during the projected period as a result of the increasing industrial development in Brazil, Mexico and Venezuela. Middle East and Africa is projected to grow in a continuous manner owing to the rising demand for smartphones and other consumer electronic goods in the region.
Report coverage
Market |
Global Battery Separators Market |
Analysis Period |
2016 – 2027 |
Base Year |
2019 |
Forecast Data |
2020 – 2027 |
Market Stratification |
Technology , End-User, and Geography |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Key Industry Players
Some of the key players in the global battery separator market are Asahi Kasei Corporation, Toray Industries, Inc, Sumitomo Chemical Co., SK Innovation Co., Ltd, Freudenberg Performance Material, Cangzhou Mingzhu Plastic Co., Ltd, W-Scope Corporation, Ube Industries, Ltd, Entek, Dow DuPont, Mitsubishi Chemical Corporation, Dreamweaver International, Bernard Dumas, Eaton, Teijin Limited, and others.
Market Segmentation
Market By Product Type
Lead Acid
Li-ion
Market By End User
Automotive
Consumer Electronics
Industrial
Market By Region
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
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