Feb 13, 2018   SOURCE: BusinessWire

Global Battery Separators Market 2018-2022 - CAGR Expected to Grow by 12.5% - ResearchAndMarkets.com

The "Battery Separators Market by Battery Type (Lead Acid, Li-ion), End-use Industry (Automotive, Consumer Electronics, Industrial, Others), Material (Polyethylene. Polypropylene), and Region (APAC, EU, NA, MEA, and SA) - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

The global battery separator market is estimated to reach USD 5.13 Billion by 2022, at a CAGR of 12.5% from 2017 to 2022.

The battery separator market has witnessed significant growth in recent years, owing to stringent regulations related to environment. Increasing population and industrialization, coupled with the increasing demand for electrically-operated vehicles and various advances done in the battery technology are driving the consumption of battery separators around the world.

The main types of battery separators considered in the report are lead acid, Li-ion, and others. Owing to its low cost and wide applicability, the lead acid battery separator segment led the market in 2016, in terms of value. However, the Li-ion battery separator segment is expected to grow at a higher rate owing to its high cost and potential to be used in EVs. Li-ion batteries are widely used in electric vehicles and hybrid vehicles.

On the basis of end-use industry, the automotive segment is projected to lead the battery separator market during the forecast period. Advancements in technology have led to improvements in battery cell chemistry, subsequently reducing the weight of battery packs. Hence, this has substantially influenced the use and demand for suitable battery separators for various automotive applications.

Market Dynamics

Drivers

  • Increasing Demand for EVs
  • Rising Demand for Smart Electronic Devices
  • Improvement in Li-Ion Batteries

Restraints

  • Safety Issues Related to Usage of Batteries

Opportunities

  • Advances in Innovation and Technology for Battery Materials
  • Use of Batteries in Energy Storage Devices

Challenges

  • Maintaining Uniformity in Quality of Materials
  • Low Heat Resistance of Separators

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Battery Separators Market, by Battery Type

7 Battery Separators Market, by End-Use Industry

8 Battery Separators Market, by Material

9 Battery Separators Market, by Region

10 Competitive Landscape

11 Company Profiles

  • Ahlstrom-Munksj
  • Amer-Sil
  • Asahi Kasei
  • B&F Technology
  • Bernard Dumas
  • Cangzhou Mingzhu Plastic
  • CYG Chinaly New Material
  • Dowdupont
  • Dreamweaver International
  • Eaton
  • Electrovaya
  • Entek International
  • Foshan Jinhui Hi-Tech Optolectronic Material
  • Freudenberg
  • Hollingsworth & Vose
  • JNC Corporation
  • Mitsubishi Plastics
  • Nippon Sheet Glass
  • SK Innovation
  • Sumitomo Chemical
  • Targray Technology International
  • Teijin
  • Toray Industries
  • UBE Industries
  • W-Scope Corporation

For more information about this report visit https://www.researchandmarkets.com/research/p8ngm5/global_battery?w=4