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Global Battery Separator Market – Industry Trends and Forecast to 2029

  • Chemical and Materials
  • Upcoming Report
  • May 2022
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220
  • Chemical and Materials
  • Upcoming Report
  • May 2022
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Battery Separator Market, By Battery Type (Li-Ion, Lead Acid, Others), Material Type (Polypropylene, Polyethylene, Others), End User (Automotive, Industrial, Consumer Electronics, Others) – Industry Trends and Forecast to 2029

Battery Separator Market

Market Analysis and Size

The consumer electronic gadgets have largely gained popularity, and as a result, they are highly demanded across the globe. The consumer electronics sector is, however, the primary consumer of lithium-ion batteries. Moreover, electric vehicles (EVs) sales have increased and they are also becoming the largest consumers of lithium-ion batteries in recent years. Consequently, the surge in demand for consumer electronics as well as the electric vehicles (EVs) will further boost the battery separator market.

Global battery separator market was valued at USD 4.53 billion in 2021 and is expected to reach USD 12.81 billion by 2029, registering a CAGR of 13.87% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

By Battery Type (Li-Ion, Lead Acid, Others), Material Type (Polypropylene, Polyethylene, Others), End User (Automotive, Industrial, Consumer Electronics, Others)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Market Players Covered

Toray Industry Inc., (Japan), Asahi Kasei Corporation (Japan), SK Innovation Co. Ltd., (South Korea), Freudenberg SE (Germany), ENTEK International LLC (U.S.), Hollingsworth & Vose (U.S.), AMER-SIL (Luxembourg), B&F Technology (U.S.), W-Scope Corporation (Japan), Ube Corporation (Japan), Sumitomo Chemical Co. Ltd., (Japan), Dreamweaver International (U.S.), and Bernard Dumas (France), Electrovaya (Canada), DuPont (U.S.), Eaton (Ireland), Targray (Canada), TEIJIN LIMITED (Japan)

Market Opportunities

  • Rapid increase in research and development of new materials
  • Advancements in Li-Ion batteries 

Market Definition

Battery separators separate anode (positive electrode) and cathode (negative electrode) materials within a cell mechanically. These barriers prevent short-circuits between the battery's internal components while also allowing for maximum ionic conductivity during charging or discharging. Separators have a porous structure and are chemically and electrochemically stable to the electrolyte and electrode materials in a battery. The separator is designed to shut down the batteries in the event of an overheating or short circuit.

Battery Separator Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

  • High Demand Across End Users

Increasing demand for separators in a variety of industries, including consumer electronics and automotive, will drive market demand during the forecast period. Furthermore, the growing adoption of wet separators and micro grids in the automotive industry is expected to drive the battery separators market share throughout the assessment period. The increasing use of electronic vehicles will increase demand for lithium-ion batteries, which will drive the use of battery separators. In line with this, the increasing demand for EVs is acting as a key determinant favoring the growth of the battery separator market over forecast period. Moreover, the rapid increase in demand for highly efficient batteries in various end-use industries is positively impacting the growth of the battery separator market.

Furthermore, the growing need to improve battery security and consistency without sacrificing performance or cost is fueling the growth of the battery separator market. The growing awareness of EV and HEV, is encouraging manufacturers to include battery-powered vehicles is projected to bolster the growth of the market.

Opportunities

  • Advancements and Research and Development Activities

Furthermore, the advancements in Li-Ion batteries extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the rapid increase in research and development of new materials for battery separators will further expand the future growth of the battery separator market.

Restraints/Challenges

  • Issues Associated with Raw Material, Transportation and Quality

The mismatch between demand and supply in the battery separator industry, particularly with regard to raw materials and transportation issues, is regarded as one of the major restraints on battery separator market growth. Moreover, the manufacturers face challenges such as maintaining consistency in the quality of materials used in battery separators. It is also difficult to maintain the separators' low heat resistance. Such factors are regarded as major restraints on the growth of the battery separator market.

  • Concerns Associated with Safety and Disposal

The batteries are made of chemicals, they corrode, contaminating groundwater and potentially causing highly dangerous landfill fires. As a result, battery safety concerns and improper disposal could have negative environmental consequences, and these negative consequences may eventually contribute to global warming. This factor poses as major challenges for the battery separator market's growth.

In addition to this, if the battery separators are larger, they are not cost-effective. The efficiency of batteries and their ability to store energy are also regarded as a major hurdle for the battery separator industry's overall growth.

This battery separator market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the battery separator market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Battery Separator Market

The recent outbreak of coronavirus had a negative impact on the battery separator market. The pandemic's prolonged lockdown has significantly impacted several industrial sectors. Some of the major issues that have hampered the overall growth of the battery separator industry include logistics, supply chain disruption, declining demand for the oil and gas industries, manufacturing, electronics, and other potential end-user industries. The automotive industry is a major consumer of batteries used in electric vehicles. The emergence of COVID-19 has prompted automakers to halt production in order to prevent the virus from spreading. As a result, demand for batteries has decreased, resulting in less use of battery separators. Furthermore, due to logistical issues, raw materials have not arrived at manufacturing facilities, and finished products have not been delivered to potential customers. These factors influenced the growth of the battery separator market and caused a massive financial setback for the industries.

Recent Development

  • In March 2021, Asahi Kasei, a global leader in the production of LIB separators, intends to increase the production capacity of Hipore Li-ion battery separators at its plant in Miyazaki, Japan. With wet-process manufacturing plants in Japan (Moriyama, Shiga, and Hyuga, Miyazaki) and dry-process manufacturing plants in the United States, the company has been proactively focusing on expanding its LIB separator business (North Carolina).
  • In January 2022, Entek Manufacturing, a well-known manufacturer of lead and lithium-ion battery separators, has acquired Adaptive Engineering & Fabrication, a manufacturer of material handling equipment. This acquisition will allow the rebranded company, Entek Adaptive, to emerge as the most recent product line for all material handling businesses. Adaptive will be in charge of developing, installing, and selling material handling equipment, with support from Entek's project management and engineering teams.

Global Battery Separator Market Scope

The battery separator market is segmented on the basis of battery type, material type and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Battery Type

  • Li-Ion
  • Lead Acid
  • Others

Material Type

End User

  • Automotive
  • Industrial
  • Consumer Electronics
  • Others

Battery Separator Market Regional Analysis/Insights

The battery separator market is analyzed and market size insights and trends are provided by country, battery type, material type and end user as referenced above.

The countries covered in the battery separator market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the presence of a huge automotive industry coupled with the increasing penetration of consumer electronics within the region.

Europe, on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the strong huge consumer electronics demand coupled with the presence of stringent regulations, which has boosted the use of electric vehicles within the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Battery Separator Market Share Analysis

The battery separator market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to battery separator market.

Some of the major players operating in the battery separator market are

  • Toray Industry Inc., (Japan)
  • Asahi Kasei Corporation (Japan)
  • SK Innovation Co. Ltd., (South Korea)
  • Freudenberg SE (Germany)
  • ENTEK International LLC (U.S.)
  • Hollingsworth & Vose (U.S.)
  • AMER-SIL (Luxembourg)
  • B&F Technology (U.S.)
  • W-Scope Corporation (Japan)
  • Ube Corporation (Japan)
  • Sumitomo Chemical Co. Ltd., (Japan)
  • Dreamweaver International (U.S.)
  • Bernard Dumas (France)
  • Electrovaya (Canada)
  • DuPont (U.S.)
  • Eaton (Ireland)
  • Targray (Canada)
  • TEIJIN LIMITED (Japan)


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Frequently Asked Questions

Global Battery separator Market is expected to show a value of USD 12.81 billion by 2029.
The market is estimated to register a CAGR of 13.87% within the forecast period.
This battery separator market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market.
The major players covered in the battery separator market report are TORAY INDUSTRIES, INC., Mitsubishi Chemical Corporation, SK innovation Co., Ltd, Electrovaya, ENTEK, UBE INDUSTRIES, LTD., Sumitomo Chemical Co., Ltd., DuPont, Eaton, Targray, Asahi Kasei Corporation, W-SCOPE CORPORATION, TEIJIN LIMITED, Freudenberg Group, Hollingsworth & Vose, AMER-SIL, B&F Technology Limited, Bernard Dumas, Nippon Sheet Glass Co., Ltd, and JNC Corporation among other domestic and global players.
Asia-Pacific is expected to expand at a significant growth of the over the forecast of 2021 to 2028 due to strong presence of large battery manufacturers and several end-user industries in countries such as Japan, China and India within this particular region.