By Type (cathode binders and anode binders), Application (power battery, energy storage battery, digital battery, and others), and Geography
World Trade Evaluation, Dimension, Share, Development, Tendencies, and Forecast, 2021-2025
NEW YORK, Feb. 12, 2022 /PRNewswire/ — The Binder Market Share for Lithium-Ion Batteries is anticipated to extend by USD 1.45 billion from 2020 to 2025, at an accelerated CAGR of 24%, in line with the latest market research by Technavio.
Segmentation by Sort (In-Scope/Out-of-Scope)
The binder market share development for lithium-ion batteries by the cathode binders section shall be vital in the course of the forecast interval. The adoption of hydrophilic cathode binders is growing quickly as a consequence of their cost-effectiveness and fewer environmental influence. The lithium-ion battery business is transferring from polyvinylidene fluoride binders to hydrophilic binders because of the excessive value and environmental considerations associated to polyvinylidene fluoride.
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Furthermore, the report additionally supplies Worth Chain Evaluation which helps corporations achieve a aggressive benefit available in the market. The Worth Chain of the Binder Marketplace for Lithium-Ion Batteries contains the next core elements:
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Inputs
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Operations
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Advertising and marketing and gross sales
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Service
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Assist actions
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Innovation
Highlights-
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Segmentation- The report extensively covers market segmentation by Sort (cathode binders and anode binders), Utility (energy battery, power storage battery, digital battery, and others), and Geography (APAC, North America, Europe, South America, and MEA).
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Key Firms- APV Engineered Coatings Inc., Arkema SA, Ashland World Holdings Inc., BASF SE, DuPont de Nemours Inc., JSR Corp., Kureha Corp., Solvay SA, Targray Expertise Worldwide Inc., and Zeon Corp. amongst others.
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Driver- Shift of the automotive business towards EV to drive the market.
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Problem– Presence of a number of substitutes for lithium-ion batteries to hamper the market development
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Vendor Insights-
The binder marketplace for lithium-ion batteries is fragmented and the distributors are deploying natural and inorganic development methods to compete available in the market.
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APV Engineered Coatings Inc.- The corporate affords Lithium-ion batteries having a various vary of solvents with excessive efficiency binders, resembling N-Methyl 2-Pyrrolidone (NMP) and Polyvinylidene Fluoride (PVDF).
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BASF SE- The corporate affords merchandise resembling 2680 Licity, 2688 Licity sequence of battery binders.
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DuPont de Nemours Inc.- The corporate affords merchandise resembling Texturecel Sodium carboxymethyl cellulose (Sodium CMC) as anode graphite binder.
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Study Extra about Key Driver & Problem of the Market-
The target of transferring towards a sustainable ecosystem within the automotive business has led to a spurt in demand for EVs and HEVs. Stringent laws are being imposed, which guarantee compliance with the Paris Settlement on Local weather Change. EVs are essentially the most appropriate approach of decreasing the carbon footprint. They’re thought of a inexperienced resolution for the decarbonization of the transportation sector. On common, EVs launch half the quantity of greenhouse gases (GHGs) launched by typical automobiles. The sale of EVs has been growing steadily since 2012. To advertise their gross sales additional, governments of a number of international locations resembling China and the US are framing goals and providing incentives within the type of financial and non-monetary advantages. This may lead to elevated confidence amongst producers and different stakeholders in future coverage frameworks and funding mobilization. The rise within the gross sales of EVs will increase the demand for lithium-ion batteries, thereby driving the expansion of the binder marketplace for lithium-ion batteries.
Lithium-ion batteries are extensively utilized in automotive, client electronics, and power storage functions, primarily owing to their light-weight function and excessive power storage capability. Nevertheless, quite a few lithium-ion battery substitutes can be found available in the market, which is more likely to hamper the market development. These batteries have functions in nearly all main end-user industries, resembling automotive, client electronics, and power storage. A number of different battery applied sciences are being developed to be used within the automotive section, resembling solid-state and sodium batteries. Furthermore, vital analysis and growth actions are underway to develop solid-state batteries as they’ve a excessive power density and are safer than lithium-ion batteries. Due to this fact, value disadvantages and the supply of quite a few substitutes have an effect on the adoption of lithium-ion batteries, thereby hampering the expansion of the binder marketplace for lithium-ion batteries.
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Fatty Amines Market by Utility and Geography – Forecast and Evaluation 2021-2025: The fatty amines market has the potential to develop by USD 904.10 million throughout 2021-2025, and the market’s development momentum will speed up at a CAGR of 6.60%. To get extra in depth analysis insights: Obtain Free Pattern Report
Polymer Binder Market by Utility and Geography – World Forecast: The worldwide polymer binders market dimension will develop by USD 14.21 billion at a CAGR of just about 8%. To get extra in depth analysis insights: Obtain Newest Free Pattern Report
Binder Marketplace for Lithium-Ion Batteries Scope |
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Report Protection |
Particulars |
Web page quantity |
120 |
Base yr |
2020 |
Forecast interval |
2021-2025 |
Development momentum & CAGR |
Speed up at a CAGR of 24% |
Market development 2021-2025 |
$ 1.45 billion |
Market construction |
Fragmented |
YoY development (%) |
18.71 |
Regional evaluation |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 61% |
Key client international locations |
China, US, South Korea (Republic of Korea), Japan, and Germany |
Aggressive panorama |
Main corporations, aggressive methods, client engagement scope |
Firms profiled |
APV Engineered Coatings Inc., Arkema SA, Ashland World Holdings Inc., BASF SE, DuPont de Nemours Inc., JSR Corp., Kureha Corp., Solvay SA, Targray Expertise Worldwide Inc., and Zeon Corp. |
Market Dynamics |
Guardian market evaluation, Market development inducers and obstacles, Quick-growing and slow-growing section evaluation, COVID-19 influence and future client dynamics, market situation evaluation for the forecast interval, |
Customization preview |
If our report has not included the information that you’re in search of, you possibly can attain out to our analysts and get segments personalized. |
Desk of Contents
Government Abstract
Market Panorama
Market Sizing
5 Forces Evaluation
Market Segmentation by Utility
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Market segments
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Comparability by Utility
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Energy battery – Market dimension and forecast 2020-2025
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Power storage battery – Market dimension and forecast 2020-2025
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Digital battery – Market dimension and forecast 2020-2025
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Others – Market dimension and forecast 2020-2025
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Market alternative by Utility
Market Segmentation by Sort
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Market segments
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Comparability by Sort
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Cathode binders – Market dimension and forecast 2020-2025
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Anode binders – Market dimension and forecast 2020-2025
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Market alternative by Sort
Buyer panorama
Geographic Panorama
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Geographic segmentation
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Geographic comparability
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APAC – Market dimension and forecast 2020-2025
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North America – Market dimension and forecast 2020-2025
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Europe – Market dimension and forecast 2020-2025
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South America – Market dimension and forecast 2020-2025
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MEA – Market dimension and forecast 2020-2025
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Key main international locations
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Market alternative by geography
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Market drivers
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Market challenges
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Market traits
Vendor Panorama
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Overview
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Vendor panorama
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Panorama disruption
Vendor Evaluation
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Distributors coated
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Market positioning of distributors
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APV Engineered Coatings Inc.
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Arkema SA
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Ashland World Holdings Inc.
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BASF SE
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DuPont de Nemours Inc.
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JSR Corp.
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Kureha Corp.
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Solvay SA
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Targray Expertise Worldwide Inc.
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Zeon Corp.
Appendix
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SOURCE Technavio