Battery Separator Market Trends | Global Industry Trends, Share, Size, Growth, Opportunity and Forecast
Market Overview:
The
global battery separator market trends has been segmented by material, battery
type, application, and region.
By
material, the global Battery
Separator Market Trends 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 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.
Regional
Analysis
The global battery separator market trends
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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