Battery Separators Market Size, Industry Trends, Demand and Future Opportunities and Forecast Period


Posted May 20, 2024 by Jameslin

Battery Separators Market Size, Strategic Analysis, Growth Drivers, Industry Trends, Demand and Future Opportunities and Forecast Period

 
Battery separators market are expected to reach a global market valuation of USD 16.2 billion in 2032, with a compound annual growth rate (CAGR) of 16.4% from 2024 to 2032. The market was valued at roughly USD 5.3 billion in 2023. Rechargeable batteries require battery separators as a necessary part to prevent short circuits and to facilitate ion flow throughout effective cycles of charging and discharging. The market is increasing and sustainable because it is in line with many different industries.
Important parts consisting of polymeric membranes that act as insulators between the positive and negative electrodes are called battery separators. Battery separators are positioned to allow ion flow while charging and discharging while preventing electrical short circuiting. The electrolyte works as a catalyst to increase the flow of ions between electrodes when it moistens the membrane.

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GROWTH DRIVERS
Battery separators are essential components of lithium-ion batteries because they offer both performance and safety. Due to government laws aimed at lowering carbon emissions and environmental concerns, there has been a substantial movement towards electric mobility, which has contributed to market growth. The Economic Times reports that 14 million electric automobiles were sold, setting a new record. The IEA stated that growth projections for 2024 build on a record-breaking year. Sales of electric vehicles are expected to continue growing and surpass 17 million units globally by 2024, making up more than one in every five vehicles sold.
With 7.4 billion people on the planet and over 6.7 billion smartphone subscriptions globally, Statista estimates that the global smartphone penetration rate will be 69% in 2023. One of the main drivers of the market is the global government efforts, such as the Technology Mission Programme on Water, Clean Energy, Electric Vehicle Initiative, Fossil to Clean, and others that aim to reduce reliance on fossil fuels and promote clean energy.
MARKET SEGMENTATION:
· By Type–
• Coated separator
• non-coated separator
· By Battery Type-
• Lithium-Ion
• Lead-Acid
• others
· By Material –
• Polyethylene
• polypropylene
• others
· By Thickness-
• 5 μm - 10 μm
• 10 μm - 20 μm
• above 20 μm
· By Technology-
• Wet Battery
• Separator
• Dry Battery Separator
· By End-Use Industry –
• Consumer Electronics
• Automotive
• Industrial
• others
· By Region-
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America

Global Key Players:
· Asahi Kasei Corporation
· Ahlstrom
· ENTEK
· Mitsubishi Paper Mills
· Hollingsworth and Vose
· Nanografi Nano technology
· SK ie TechnologyCo., Ltd.
· TORAY INDUSTRIES, INC.
· UBE Corporation
· Bernard Dumas
· W-SCOPE COPORATION
· Microtex Energy Private Limited
· Sinoma Science and Technoloy Co., Ltd
· TEIJIN LIMITED

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

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Issued By James
Country United States
Categories Electronics , Energy , Manufacturing
Tags battery separators market , battery separators market size , battery separators market share , battery separators market news
Last Updated May 20, 2024