Lithium-Ion Battery Separator Market Outlook to 2028

Lithium-ion batteries seem to be seen everywhere these days. They power most of the devices that we carry around with us, such as Consumer Gadgets, Cell phones, Laptops, MP3 Players, Digital cameras, etc. Lithium batteries are among the most energetic rechargeable batteries available today because of their excellent energy-to-weight ratio. They get their name from lithium ions that move from the cathode to the anode during discharge and cathode during recharging.

The increasing market for Li-ion batteries has increased the demand for li-ion battery separators to improve properties, performance, durability & safety at an acceptable cost. The Li-ion Battery separator is a separator that electrically insulates between cathode and anode to prevent an electric short circuit between the anode and cathode and also helps to reduce the heat.

Drivers:

• The increasing adoption of electric vehicles is expected to drive the Lithium-ion battery separator Market
• Increasing product demand in consumer electronics
• Strict environmental restrictions to reduce carbon emissions from transportation and energy generation
• The rising population and digitalization are increasing the demand for consumer electronics

Lithium-ion Battery separators separate cathode (negative electrode) and anode (positive electrode) materials within a cell mechanically. These separators prevent short circuits between the battery's internal components. It also allows for maximum ionic conductivity during charging or discharging. Lithium-ion battery separators are designed to shut down the batteries in the event of overheating or short circuits because they are porous, chemically, and electrochemically stable to the electrolyte and electrode materials in a battery.

Electric vehicles have been growing in popularity, and the shift towards the manufacturing of EVs has been increasing the demand for lithium-ion batteries, which has, in turn, raised the need for lithium-ion separators. In recent years, the development of energy-storage devices with high energy and power densities has increased enormously. Thus, Lithium-ion batteries are one of the most promising solutions for these storage systems. Thereby, it upsurges the use of lithium-ion battery separators and provides a positive environment for the market to grow.

Lithium-ion Battery Separator Opportunities:

• The rapid increase in research and development of separators to increase the safety of Li-ion batteries
• Advancements of Li-Ion batteries in energy storage systems

Lithium-ion batteries Separator Challenges:

• Issues associated with raw materials, transportation, and quality
• Concerns Associated with Safety and Disposal of battery materials

Lithium-ion batteries Separator Restraints:

• Increasing Lithium metal prices have increased the demand for other Battery technologies
• Governments promote advanced battery technologies such as sodium batteries, flow batteries, etc

Lithium-ion Battery Separator Recent Developments:

• In March 2021, SK IE Technology Co. Ltd, a subsidiary of SK Innovation, has decided to build two new Polish plants for separators in Poland
• In March 2021, Asahi Kasei, a manufacturer of lithium-ion battery separators, plans to increase its production capacity of Li-ion battery separators at its plant in Miyazaki, Japan. ​
• In January 2022, Entek Manufacturing announced the acquisition of long-time business partner Adaptive Engineering & Fabrication (AEF)

The automotive sector holds a significant share of the lithium-ion battery separator market due to increasing EV demand. Electric vehicles (EVs) have become an essential part of the automotive sector due to environmental concerns and government norms. For instance, in 2018, Volvo announced selling hybrid or EVs. BMW, Daimler, and Volkswagen had announced EV sales targets of 15-25% by 2025. Also, as per global EV Outlook 2021, electric vehicles have increased by 140% in 2021 compared to 2020. Thus, lithium-ion batteries find implementation in electric vehicles using battery separators to improve the safety and life cycle. Thereby, the specific advantage of the battery separator lies in the capability of contributing to the more excellent safety of batteries owing to its distinct structure of aramid, thereby promoting its use for the electric vehicle.

Regional Market Analysis:

The global Li-ion Battery Separator market report is segmented based on geography into North America, including the United States, Mexico, Canada, and the Rest of North America; Europe, including Germany, France, United Kingdom (UK), Spain, and the Rest of Europe; Asia Pacific (APAC) including China, India, Japan, South Korea, Australia, Indonesia, and Rest of APAC; South America including Brazil and Rest of South America; and the Middle East and Africa including Saudi Arabia, Nigeria, South Africa, and other countries.

Asia-Pacific is expected to be the leading region in the Li-ion battery Separator market during the forecast period, followed by Europe, North America, the Middle East, and South America.

Asia Pacific:

The Asia Pacific region has countries that have both developing and established battery separator markets. For instance, countries such as China, South Korea, Japan, India, Australia, and others have an established Lithium-ion Battery Separator Market.

The Asia Pacific is expected to be the largest region for Lithium-ion Battery Separators during the forecast period. With increasing Electric Vehicles and renewable energy generation, the Lithium-ion Battery Separator Market demand will rise, especially in China and India and Southeast Asia, such as Korea, Japan, and Australia.

APAC holds a significant share of the lithium-ion battery separator market due to an increased electric vehicle investment in consumer electronics, smart grids, and others. The evolution of smart grid systems in developing countries such as China, India, and others has been emerging enormously due to realizing the need for large-scale power consumption.

Publisher's lithium-ion battery separator Market report provides insights into the current market demand environment and prognosis.

The study offers a thorough examination of the many factors that impact the development of lithium-ion battery separators. The study also comprehensively analyses the lithium-ion battery separator Market by segmenting it based on region (Asia Pacific, North America, Europe, South America, Middle East, Africa), based on technology (Polyethylene, Polypropylene, and others).

The report also discusses current and future market possibilities, trends, advancements, the Covid 19 impact, the Ukraine and Russian War impact on the lithium-ion battery separator Market, essential developments, regions, and segments poised for the fastest growing competitive landscape. Further, the lithium-ion battery separator Battery market size, and demand forecast, growth rates will also be provided in the report.


This product will be delivered within 5-7 business days.