Battery Separator Market Demand | Size, Share, Impressive Industry Growth, Analysis Report 2027
Market
Overview:
The global battery separator market demand has been
segmented by material, battery type, application, and region.
By material, the global Battery Separator Market Demand 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 demand are 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 demand 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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