According to a new market report by Lucintel, the future of the battery separator market looks promising with opportunities in the automotive, consumer electronics, and industrial applications. The battery separator market is expected to grow with a CAGR of 12% from 2019 to 2024. The major drivers for this market are the growing demand for electric vehicles and increasing demand for battery in industrial power storage market.
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In this market, battery separators are used in lead acid and Li-ion battery. Li-ion will remain the largest segment over the forecast period due to the increasing use of Li-ion battery in electric vehicles.
Within the battery separator market, automotive will remain the largest segment due to increasing demand for Li-ion battery for electric vehicles.
APAC will remain the largest region over the forecast period due to increasing demand for batteries in automotive and industrial power storage applications.
Toray Industry, Asahi Kasei, SK Innovation, Freudenberg, Entek International, W-Scope Industries, Ube Industries, Sumitomo Chemical, Dreamweaver International, and Bernard Dumas are among the major manufacturers of battery separators.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the battery separator market by material type, battery type, end use industry, and region. Lucintel has prepared a comprehensive research report titled "Battery Separators Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the battery separator market by material type, battery type, end use industries, and region as follows:
By Battery Type [$M shipment analysis for 2013 – 2024]:
By Material Type [$M shipment analysis for 2013 – 2024]:
Polyphenylene Sulfide(PPS)
Polyphenylene Ether/Oxide(PPE/PPO)
Others
By End-Use Industry [$M shipment analysis for 2013 – 2024]:
Automotive
Consumer Electronics
Industrial
Others
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
The Rest of the World
This 150-page 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 click on this link https://www.lucintel.com/battery-separator-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.