Lithium-Ion Battery Separator Market Growth Rate, Top Companies, Global Trends & Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Lithium-Ion Battery Separator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global Lithium-Ion Battery Separator market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big Is The Lithium-Ion Battery Separator Market?

The global lithium-ion battery separator market size reached US$ 6.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 11.5 Billion by 2028, exhibiting a growth rate (CAGR) of 10.3% during 2023-2028.

What are Lithium-Ion Battery Separator?

A lithium-ion battery separator refers to a thin and porous membrane that physically separates the anode and cathode to avoid electrical short circuits. It is generally moisturized by an electrolyte that acts as a catalyst for moving ions inside the battery. A lithium-ion battery separator usually focuses on providing a barrier between two electrodes while facilitating ion transport in the cell. It is commonly manufactured by utilizing ceramic materials, non-woven fibers, polymer films, etc., that exhibit excellent mechanical properties, offer high chemical stability, are cost-effective, etc. Consequently, a lithium-ion battery separator finds wide-ranging applications in numerous sectors, such as automotive, consumer electronics, industrial, etc., across the globe.

What Are The Growth Prospects And Trends In The Lithium-Ion Battery Separator Industry?

The inflating need for minimizing carbon emission levels is primarily driving the lithium-ion battery separator market. Furthermore, the widespread adoption of electric vehicles (EVs) and the expanding automotive industry are also stimulating the market growth. Apart from this, lithium-ion battery separators are important for safety in the event of a runaway reaction, as their pores are specifically designed to melt closed from the heat generated and collapse the battery before it ignites, which is positively influencing the global market. Moreover, the rising utilization of these separators, as they provide better resistance, strength, chemical permeability, safety toward electronic short circuits, etc., is acting as another significant growth-inducing factor. Besides this, the escalating demand for smartphones and tablets is also bolstering the market growth. Additionally, the development of product variants layered with polyolefins and ceramic oxides that are stable and aid in reducing shrinkage and particle penetration is projected to fuel the lithium-ion battery separator market in the coming years.

What Is Included In Market Segmentation?

The report has segmented the market into the following categories:

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Material:

• Polypropylene (PP)
• Polyethylene (PE)
• Nylon
• Others

Breakup by Thickness:

• 16µm
• 20µm
• 25µm

Breakup by End User:

• Industrial
• Consumer Electronics
• Automotive
• Others 

Market Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Who Are The Key Players Operating In The Industry?

The report covers the major market players including: 

• Asahi Kasei Corporation
• Beijing SOJO Electric Co. Ltd.
• Cangzhou Mingzhu Plastic Co. Ltd.
• ENTEK International LLC
• Mitsubishi Paper Mills Limited (Oji Paper Co. Ltd.)
• Shanghai Energy New Materials Technology Co. Ltd.
• SK Innovation Co. Ltd.
• Sumitomo Chemical Co. Ltd.
• Teijin Limited
• Toray Industries Inc.
• UBE Corporation
• and W-SCOPE Corporation.

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