According to a market report by Lucintel, the future of the global battery separator market looks promising with opportunities in in the transportation, consumer electronics, and industrial sectors. The global battery separator market is expected to reach an estimated $15 billion by 2030 from $5 billion in 2023, at a CAGR of 17% from 2023 to 2030. The major drivers for this market are rapid growth in electric vehicle production and rising demand for lithium-ion battery in industrial and power storage applications.
Browse 161
figures/charts and 126 tables in this 277–page report to understand trends,
opportunity and forecast in global battery separator market to 2030 by material
type (polyethylene, polypropylene, and others), by end use industry
(transportation, industrial, consumer electronics, and others), battery type
(lead acid and Li-ion), by technology (dry battery separator and wet battery
separator) and region (North America, Europe, Asia Pacific, and the Rest of the
World).
Lucintel
forecasts that transportation will remain the largest end use industry and it
is also likely to experience the highest growth over the forecast period due to
growing demand for the lithium ion batteries in electric vehicles considering
environment sustainability, declining cost of lithium ion batteries, and lower
cost of electricity as fuel compare to gasoline.
Lithium-ion
will remain the largest application over the forecast period. It is also
expected to witness the highest growth over the forecast period supported by
increasing usage in electric vehicles and power storage applications along with
decreasing price of lithium ion batteries.
Download
sample by clicking on battery separator
market.
Asia
Pacific will remain the largest region by value and volume and it is also
expected to witness the highest growth over the forecast period supported by
growing usage in power storage applications and growing stringency in
government regulation to replace diesel based vehicles with electric vehicles
considering environment pollution.
Semcorp,
Toray Industrie, SK Innovation, Asahi Kasei, Sumitomo Chemical, Entek
International, UBE are the major suppliers in the battery separator market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest Publications
Polymer Lithium-Ion Battery
Market
Next-Generation Advanced Battery Market
