According to the latest report by IMARC Group, titled “Lithium-Ion Battery Separator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the global lithium-ion battery separator market share.The report also includes competitor and regional analysis, and contemporary advancements in the market.
Lithium-ion battery separator refers to thin and porous membranes that physically separate the cathode and anode to prevent electrical short circuits. In terms of materials, they can be categorized into polypropylene (PP), polyethylene (PE), nylon, etc. These lithium-ion battery separator variants are moisturized by an electrolyte that acts as a catalyst for the movement of ions inside the battery. They mainly focus on providing a barrier between two electrodes and facilitating ion transport in the cell. Lithium-Ion battery separator products are manufactured using non-woven fibers, polymer films, and ceramic materials that have excellent mechanical properties, improved chemical stability, and are extremely cost-effective. Consequently, they find extensive applications across several sectors, such as automotive, industrial, and consumer electronic industries, etc.,
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Industry Trends Drivers
The expanding adoption of electric vehicles (EVs) across the globe and the increasing usage of smartphones, laptops, and other consumer electric products are among the key factors driving the lithium-ion battery separator market. Additionally, the launch of lithium-ion batteries layered with polyolefins and ceramic oxides that are safe and stable and aid in reducing shrinkage and particle penetration is acting as another significant growth-inducing factor.
Moreover, the growing product demand, owing to its various advantages, which include enhanced resistance, chemical permeability, strength, and safety toward electronic short circuits, is also positively influencing the global market. Apart from this, the rising investments in research and development (RD) activities by leading market players to make advancements and improvements in separator design for ensuring higher stability and lifespan performance standards are expected to bolster the lithium-ion battery separator market over the forecasted period.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Asahi Kasei Corporation, Beijing SOJO Electric Co. Ltd., Cangzhou Mingzhu Plastic Co. Ltd., ENTEK International LLC, Mitsubishi Paper Mills Limited (Oji Paper Co. Ltd.), Shanghai Energy New Materials Technology Co. Ltd., SK Innovation Co. Ltd., Sumitomo Chemical Co. Ltd., Teijin Limited, Toray Industries Inc., UBE Corporation and W-SCOPE Corporation.
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Material:
- Polypropylene (PP)
- Polyethylene (PE)
- Nylon
- Others
Breakup by Thickness:
- 16µm
- 20µm
- 25µm
Breakup by End User:
- Industrial
- Consumer Electronics
- Automotive
- Others
Regional Insights:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.
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