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The lithium-ion battery (lib) separator market size is valued to increase by USD 2.97 billion, at a CAGR of 11.53% from 2023 to 2028. Rising demand for smart devices will drive the lithium-ion battery (lib) separator market.
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In the realm of lithium-ion battery (LIB) technology, separator manufacturers prioritize innovation to address key challenges and enhance performance. Electrolyte leakage prevention is a critical concern, with microporous separators demonstrating a 30% reduction in leakage compared to traditional separators. Porosity measurement techniques and thermal stability testing are essential for optimizing separator design, leading to a 15% improvement in battery efficiency. Separator failure mechanisms, such as degradation modes and flammability rating, are meticulously investigated to ensure safety and compliance. Separator materials, porosity control, and dimensional stability are crucial factors in achieving high voltage compatibility and fast charging performance. Ionic conductivity testing, tensile strength testing, and surface treatment are integral to separator manufacturing processes, ensuring low temperature performance and mechanical strength. Cell capacity retention and rate capability testing are vital indicators of separator quality, directly impacting battery longevity and efficiency.
The surge in consumer preference for smart devices serves as the primary catalyst for market growth.
The uptake rate for wet separators in the automotive industry is experiencing significant growth. This emerging market trend underscores the increasing demand for advanced filtration technologies in the sector.
The inefficiency of separators in ensuring safety is a significant challenge that hinders growth in the industry. This issue necessitates continuous research and innovation to improve separator technology and maintain regulatory compliance.
The lithium-ion battery (lib) separator industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The automotive segment is estimated to witness significant growth during the forecast period.
The market is witnessing continuous evolution due to advancements in electrolyte leakage prevention and porosity measurement techniques. Thermal stability testing and understanding separator failure mechanisms are crucial in enhancing microporous separator design for improved fast charging performance and high voltage compatibility. Lithium-ion battery safety is a significant concern, driving research into electrolyte wettability and separator degradation modes. Separator manufacturing processes incorporate porosity control, wetting characteristics testing, and separator flammability rating to ensure safety and longevity. Separator materials are engineered for optimal ionic conductivity, tensile strength, and dimensional stability, with low temperature performance and burst strength testing integral to their development.
Separator coating technology and surface treatment are essential for enhancing electrochemical impedance and mechanical strength, contributing to cell capacity retention and rate capability. The Lithium-ion battery separator market is projected to grow significantly, with a recent study reporting a 20% increase in the demand for high-performance separators in the automotive industry.
The Automotive segment was valued at USD 1.92 billion in 2018 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 55% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market is experiencing significant growth, with APAC leading the global landscape in 2023. APAC's dominance is due to its role as the primary manufacturing hub for Electric Vehicles (EVs) and consumer electronics. Major automotive producers, including Toyota Motor, MITSUBISHI MOTORS, and Honda Motor, are based in South Asian countries. The automotive segment of the LIB separator market is heavily influenced by the adoption of EVs, driven by collective efforts from governments and manufacturers to address environmental concerns and reduce dependency on fossil fuel-operated vehicles. The separator market's reliance on automotive applications is expected to continue, with the region's EV market projected to expand at an impressive rate.
For instance, China's EV market share is projected to reach 40% of the global market by 2030. The underlying dynamics of the LIB separator market are shaped by these trends and the increasing demand for more efficient and cost-effective energy storage solutions.
Customer Landscape of Lithium-Ion Battery (LIB) Separator Industry
Companies are implementing various strategies, such as strategic alliances, lithium-ion battery (lib) separator market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Asahi Kasei Corp. - This company specializes in the production and supply of advanced lithium-ion battery separators, including Celgard's dry-process separators. Their separators contribute to enhancing battery performance and longevity in various applications. With a focus on innovation and quality, the company caters to the global market, providing solutions for diverse industries.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Lithium-Ion Battery (LIB) Separator Market insights. See full methodology.
Market Scope |
|
Report Coverage |
Details |
Page number |
178 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 11.53% |
Market growth 2024-2028 |
USD 2971.4 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
10.45 |
Key countries |
China, US, Germany, Japan, and India |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
"Leverage Technavio's unparalleled research methodology and expert analysis for accurate, actionable market intelligence."
The market is a critical component of the global LIB industry, with separators playing an essential role in ensuring battery performance and safety. Polyethylene and polypropylene are common separator materials, each with unique performance characteristics. Polyethylene separators offer good electrolyte absorption and wettability, while polypropylene separators exhibit superior dimensional stability at high temperatures. Manufacturing techniques for polypropylene separators have evolved, enabling improved thermal stability and better control over pore size distribution. Ceramic-coated separators further enhance thermal stability, preventing electrolyte leakage and ensuring compliance with stringent safety regulations. Separators with microporous structures have gained popularity due to their superior electrolyte absorption and improved wettability effect on cell performance. However, separator degradation analysis reveals the need for effective strategies to prevent failure mechanisms such as shrinkage, swelling, and electrolyte leakage. High-voltage compatible battery separator materials are in high demand for advanced battery designs, requiring optimization of the separator manufacturing process to ensure cost efficiency and high power density applications. Improving thermal stability of battery separators through advanced design and coating technologies is a key focus area for separator manufacturers. Comparatively, low-temperature performance of separators is gaining importance in the automotive sector, necessitating the development of separators with improved electrolyte wettability and cost optimization strategies. In the race for high energy density batteries, advanced separator designs are being explored to meet the evolving demands of the LIB market.
What is the expected growth of the Lithium-Ion Battery (LIB) Separator Market between 2024 and 2028?
USD 2.97 billion, at a CAGR of 11.53%
What segmentation does the market report cover?
The report is segmented by Application (Automotive and Non-automotive), Material (Polyethylene, Polypropylene, Nylon, and Others), and Geography (APAC, Europe, North America, Middle East and Africa, and South America)
Which regions are analyzed in the report?
APAC, Europe, North America, Middle East and Africa, and South America
What are the key growth drivers and market challenges?
Rising demand for smart devices, Safety concerns due to inefficiency of separators
Who are the major players in the Lithium-Ion Battery (LIB) Separator Market?
Asahi Kasei Corp., BenQ Materials Corp., Coperion GmbH, Entek International LLC, LG Chem Ltd., Mitsubishi Paper Mills Ltd., MOD PLAST INDUSTRIES, Semcorp., SK Innovation Co. Ltd., Solvay SA, Sumitomo Chemical Co. Ltd., Targray Technology International Inc., TDK Corp., Teijin Ltd., Thermo Fisher Scientific Inc., Toray Industries Inc., Ube Corp., W-SCOPE Corp., Xiamen Lith Machine Ltd., and Yasui Seiki Co. Ltd.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Material
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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