Battery Separator Market Share | Global Industry Trends, Size, Growth, Opportunity and Forecast
Market Overview:
The global battery
separator market has been segmented by material, battery type, application, and
region.
By material, the
global Battery
Separator Market Share has been segmented into
polyethylene, polypropylene, nylon, ceramic, polyvinylidene fluoride, and
others. Among these, the polyethylene and polypropylene segments collectively
dominated the global market in 2018 due to large-scale use of polyolefin in the
recent past. However, the ceramic coating segment is projected to grow at the
highest CAGR during the forecast period.
Based on battery type,
the global battery separator market has been divided into lithium-ion (Li-ion),
lead acid, nickel-cadmium (Ni-Cd), nickel metal hydride, and others. The market
for the lithium-ion battery is growing at a fast pace in recent days due to its
superior performance efficiency. The Li-ion battery segment thus is expected to
hold the largest share of the global market, in terms of both value and volume,
during the forecast period.
On the basis of
application, the global battery separator market share has been categorized
into consumer electronics, automotive, industrial, and others. The consumer
electronics segment was the largest market for battery separators in 2018.
However, the development and adoption of electric vehicles across the world at
fast pace due to various government initiatives is expected to increase the
demand for battery separators in the automotive segment during the review
period.
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Regional Analysis
The global battery
separator market share has been studied with respect to five regions, namely
Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia-Pacific held the largest market share in 2018 and is expected to register
the highest CAGR during the forecast period. North America accounted for the
second-largest market share in 2018, followed by Europe. The Middle East &
African and Latin American markets are expected to witness healthy growth
during the forecast period.
Competitive Analysis
Some of the key players
operating in the global battery separator market are Toray Industries, Inc
(Japan), Sumitomo Chemical Co., Ltd (Japan), Asahi Kasei Corporation (Japan),
SK Innovation Co., Ltd (South Korea), Freudenberg Performance Materials (US),
Entek (US), Dreamweaver International (US), W-Scope Corporation (Japan), Ube
Industries, Ltd (Japan), Bernard Dumas (France), DowDuPont (US), Mitsubishi
Chemical Corporation (Japan), Eaton (Ireland), Teijin Limited (Japan), and
Cangzhou Mingzhu Plastic Co., Ltd (China).
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