Authored By: Sarah
19 Jan 2021

Lithium-Ion Battery Separator Market Size to Grow by $ 2.11 bn through 2021-2025  

Technavio research projects the lithium-ion battery separator market to grow by $ 2.11 bn, accelerating at a CAGR of about 11% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report

Lithium-Ion Battery Separator Market: Key Market Driver

One of the primary factors that will trigger the growth of the lithium-ion battery separator market size is steady demand growth of smart devices. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Lithium-Ion Battery Separator Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Lithium-Ion Battery Separator Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Asahi Kasei Corp., Entek International LLC, Mitsubishi Electric Corp., SK Innovation Co. Ltd., Sumitomo Chemical Co. Ltd., TDK Corp., Teijin Ltd., Thermo Fisher Scientific Inc., Toray Industries Inc., and Ube Industries Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

Technavio has been monitoring the Global Lithium-Ion Battery (LIB) Separator Market and it is expected to grow by USD 2.11 billion progressing at a CAGR of about 11% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. View Free Sample Report

Lithium-Ion Battery Separator Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Key Trends to impact market growth

The high uptake rate of wet separator impacts the lithium-ion battery separators market since it is comparatively thinner and stronger than the dry separator and is predominately used in consumer electronics. Thus, the high uptake rate of wet separator and steady growth of smart devices is driving the LIB separator market growth.

Top Driver to Boost the Demand for LIB Separators

The steady growth of smart devices will drive the lithium-ion battery separator market as smart devices use lithium-ion batteries as the power source due to their high energy density and low discharge rate. The lithium-ion battery separator serves as a fuse in a lithium-ion battery, as it shuts down the pores in the event of overheating through a melting process. With the continuous growth of the consumer electronics market, the demand for lithium-ion batteries will rise, which will drive the lithium-ion battery separator market.

Vendor Analysis: Asahi Kasei Corp., Entek International LLC, Mitsubishi Electric Corp. are key growth contributors

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Asahi Kasei Corp., Entek International LLC, Mitsubishi Electric Corp., SK Innovation Co. Ltd., Sumitomo Chemical Co. Ltd., TDK Corp., Teijin Ltd., Thermo Fisher Scientific Inc., Toray Industries Inc., and Ube Industries Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report 

Lithium-Ion Battery Separator Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive Lithium-Ion Battery Separator Market growth during the next five years
  • Precise estimation of the Lithium-Ion Battery Separator Market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the lithium-ion battery separator industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of Lithium-Ion Battery Separator Market vendors
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