Battery Coating Market is projected to grow from USD 169 million in 2020 to USD 301 million by 2027, at a CAGR of 12% from 2021 to 2027.
The market growth is driven by high production of electric vehicles (EVs), hybrid electric vehicles (HEVs) and plug-in hybrid electric vehicles (PHEVs), as well as increasing demand for smart devices and other household appliances. PVDF (polyvinylidene fluoride) is a semi-crystalline polymer with low hardness and low electrochemical stability, making it a suitable material for coating separators. Compared to conventional separators, porous PVDF coated separators exhibit higher porosity (56%), better liquid electrolyte absorption (200%), and electrochemical stability at 5V.
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Key Market Players
APV Engineered Coatings (US), Arkema SA (France), Solvay SA (Belgium), Mitsubishi Paper Mills Ltd. (Japan), Ube Industries Ltd. (Japan), Tanaka Chemical Corporation (Japan), Asahi Kasei Corporation (Japan), SK innovation Co., Ltd. (South Korea), Unifrax (US), NEI Corporation (US), Targray Technology International Inc.
Based on material type, the battery coating market has been segmented into:
- PVDF
- Ceramic
- Alumina
- Oxide
- Carbon
- Others (PDA, metal, phosphate, fluoride, silicate)
Based on battery component
- Electrode Coating
- Separator Coating
- Battery Pack Coating
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Scope of the Report
The research study analyzes the global Battery Coating industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Battery Coating Market Report
1. What was the Battery Coating Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Battery Coating Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Battery Coating Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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