Binder Market for Lithium-Ion Batteries by Type, Application, and Geography - Forecast and Analysis 2021-2025

  • Published: Mar 2021
  • Pages: 120
  • SKU: IRTNTR70323
Technavio

The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The binder market size for lithium-ion batteries has the potential to grow by USD 1.45 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 23.70%. 

This report provides a detailed analysis of the market by type (cathode binders and anode binders), application (power battery, energy storage battery, digital battery, and others), geography (APAC, North America, Europe, South America, and MEA), and key vendors. 

Market Overview

Binder-Market-For-Lithium-Ion-Batteries-Market-Size-2020-2025

Browse TOC and LoE with selected illustrations and example pages of Binder Market for Lithium-Ion Batteries

 Request a FREE sample now!

Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • APV Engineered Coatings Inc.
  • Arkema SA
  • Ashland Global Holdings Inc.
  • BASF SE
  • DuPont de Nemours Inc.
  • JSR Corp.
  • Kureha Corp.
  • Solvay SA
  • Targray Technology International Inc.
  • Zeon Corp.

 

The binder market for lithium-ion batteries is fragmented and the vendors are deploying growth strategies such as product differentiation to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as rising demand for smart devices to achieve growth opportunities. However, factors such as presence of several substitutes for lithium-ion batteries will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the binder market forecast for lithium-ion batteries report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This binder market analysis for lithium-ion batteries report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Binder Market for Lithium-Ion Batteries: Key Drivers and Trends

  • With the advent of latest technologies such as IoT and cloud-based storage, the adoption of consumer electronic products has increased significantly. 
  • Consumers have increased their dependence on electronic products such as cellular phones, computers, laptops, and other electronic devices to manage their documents and messages.
  • Advances in wireless telecommunications technology have increased the penetration of smartphones and other smart devices in developing regions such as APAC, MEA, and South America. 
  • Other factors such as economic growth, increasing literacy rate, and the rising purchasing power of consumers have also increased the demand for smartphones and other electronic devices. 
  • The rise in sales of smart devices and consumer electronic products will increase the demand for lithium-ion batteries during the forecast period. 
  • Major binder market trends for lithium-ion batteries such as the rising adoption of wearable technology will also drive market growth. 
  • Wearable technology is gaining popularity among athletes and sports enthusiasts as it helps in improving their performance.
  • Consistent R&D efforts and improvements in technology have made wearable devices lighter.
  • This has necessitated the need for reliable batteries to provide precise and continuous records of vital information.
  • Many lithium-ion battery manufacturers are introducing new lighter products such as flat lithium-ion cell micro batteries to capitalize on the trend. 
  • The increasing adoption of wearable technology is expected to have a positive impact on the global lithium-ion battery market. 

 

Grab your Free Sample now to unlock further information on other key market drivers

Binder Market for Lithium-Ion Batteries: Segmentation by Geography

Binder-Market-For-Lithium-Ion-Batteries-Market-Share-by-Region-2020-2025

For more insights on the market share of various regions Request for a FREE sample now!

61% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for binder for lithium-ion batteries in APAC. Market growth in this region will be slower than the growth of the market in Soth America.

The increasing R&D activities to enhance the available technologies and promote EV sales is one of the prime factors that will facilitate the binder market for lithium-ion batteries growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Binder Market for Lithium-Ion Batteries: Segmentation by Type

Binder-Market-For-Lithium-Ion-Batteries-Market-Share-by-Type-2020-2025

Request for a FREE sample and Get more information on the market contribution of various segments

End-users prefer cathode binders because of their cost-effectiveness and less environmental impact. They dry rapidly and help in increasing production volume. Such advantages offered by cathode binders is leading to an increase in their demand. Therefore, the growth of the market segment is expected to be significant during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the binder market size for lithium-ion batteries.

 

Event-Tickets-Market-Report

Request for a FREE sample

Binder Market for Lithium-Ion Batteries: 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 binder market growth for lithium-ion batteries during the next five years
  • Precise estimation of the binder market size for lithium-ion batteries and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the binder industry for lithium-ion batteries across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of binder market for lithium-ion batteries vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Binder Market For Lithium-Ion Batteries Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 24%

Market growth 2021-2025

$ 1.45 billion

Market structure

Fragmented

YoY growth (%)

18.71

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 61%

Key consumer countries

China, US, South Korea (Republic of Korea), Japan, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

APV Engineered Coatings Inc., Arkema SA, Ashland Global Holdings Inc., BASF SE, DuPont de Nemours Inc., JSR Corp., Kureha Corp., Solvay SA, Targray Technology International Inc., and Zeon Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Read More Read Less

Executive Summary

    Market Landscape

    • Market ecosystem
    • COVID-19 impact on materials sector
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Power battery - Market size and forecast 2020-2025
    • Energy storage battery - Market size and forecast 2020-2025
    • Digital battery - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Application

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Cathode binders - Market size and forecast 2020-2025
    • Anode binders - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • APV Engineered Coatings Inc.
      • Arkema SA
      • Ashland Global Holdings Inc.
      • BASF SE
      • DuPont de Nemours Inc.
      • JSR Corp.
      • Kureha Corp.
      • Solvay SA
      • Targray Technology International Inc.
      • Zeon Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The binder market for lithium-ion batteries market growth will increase by $1456.59 million during 2020-2025.
      The binder market for lithium-ion batteries market is expected to grow at a CAGR of 23.70% during 2020-2025.
      Technavio has segmented the binder market for lithium-ion batteries market by type (Cathode binders and Anode binders) ,application (Power battery, Energy storage battery, Digital battery, and Others) , and geographic (APAC, North America, Europe, South America, and MEA).
      APV Engineered Coatings Inc., Arkema SA, Ashland Global Holdings Inc., BASF SE, DuPont de Nemours Inc., JSR Corp., Kureha Corp., Solvay SA, Targray Technology International Inc., Zeon Corp. are a few of the key vendors in the binder market for lithium-ion batteries market.
      APAC will register the highest growth rate of 60.90% among the other regions. Therefore, the binder market for lithium-ion batteries market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • China
      • US
      • South Korea (Republic of Korea)
      • Japan
      • Germany
      The key factors driving the binder market for lithium-ion batteries market growth are:
      • Shift of automotive industry towards EV
      • Growing adoption of lithium-ion battery in energy storage
      The binder market for lithium-ion batteries market vendors should focus on grabbing business opportunities from the cathode binders segment as it accounted for the largest market share in the base year.
      Safe and Secure SSL Encrypted
      Technavio

      Single User:

      2500 USD

      Technavio Get the report (PDF) sent to your email within minutes.

      Subscribe & Save

      Get lifetime access to our
      Technavio Insights

      Want to customize this report?

      This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

      We offer $1000 worth of FREE customization at the time of purchase
      Technavio
      Enquire Before Buying
      1. Home
      2. Materials
      3. Published Report
      17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>