Polyethylene Battery Separator Market
Global Polyethylene Battery Separators Market is segmented By Battery Type (Lead Acid, Lithium-Ion), By Application (Automotive, Industrial, Consumer Electronics, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029
Polyethylene Battery Separators Market Overview:
The Global Polyethylene Battery Separators Market is expected to grow at a high CAGR during the forecasting period (2022-2029).
A battery separator is used for the isolation of the anode and cathode in the electrolyte while allowing ion exchange between them. These materials are mandatorily used in lithium-ion, lead-acid batteries, and other specialty energy storage devices and are required in both disposable and rechargeable batteries. Polyolefin with zero conductivity is generally used as a battery separator. The low cost, superior chemical stability, and mechanical characteristics made polyethylene the widely used battery separator in various applications.
Polyethylene Battery Separators Market Scope and Summary
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Metrics |
Details |
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Market CAGR |
High |
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Segments Covered |
By Battery Type, By Application, and By Region |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights. |
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Fastest Growing Region |
Asia Pacific |
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Largest Market Share |
North America |
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Polyethylene Battery Separators Market Dynamics and Trends
The rapid growth in the electric vehicles market is the major driver for the polyethylene battery separators market. The initiatives towards sustainable transportation are resulting in significant growth of electric mobility across the globe. The production and sale of electrically chargeable vehicles (ECVs) are on the rise, particularly in China, Europe, and the U.S. According to the Edison Electric Institute, EV sales in the U.S. increased by 40% over 2017 and the total number of EVs on U.S. roads reached 890,000. Polyethylene battery separators are considered the preferred choice owing to their high chemical stability over their counterparts. Global battery separators are focusing on increasing their production facilities to meet the growing demand from EV manufacturers. For instance, Japan-based battery materials manufacturer Toray Industries, Inc. has commissioned the establishment of a production facility for electric vehicle battery separators in Hungary.
By geography, the Asia Pacific region is estimated to experience a growth of over 7% in terms of PE battery separator sales value during the forecast period. The growth can be majorly attributable to the rising production of ECVs in China
Polyethylene Battery Separators Market Companies and Competitive Landscape
The global polyethylene battery separators market is highly competitive owing to low product differentiation and its potential for use in most battery applications. Companies such as Asahi Kasei Corporation, Toray Industries, Inc., and Entek International LLC are leading in the market due to customer loyalty and brand reputation. Most of the market players are focusing on the expansion of production capacity owing to lucrative growth opportunities in the market
In August 2015, Asahi Kasei acquired Polypore International, Inc., a U.S.-based manufacturer of microporous membranes and battery separators. Polypore is the holding group of Celgard, LLC, and Daramic, LLC. and has reported net sales of $450 million and $87 million respectively in Lithium-ion and Lead-acid battery separators in 2014. Asahi Kasei emerged as the global leader in the polyethylene battery separators market with this acquisition
Other key players in the global polyethylene battery separators market include SK Innovation Co, The Freudenberg Group, Sumitomo Chemical Co., Ltd., DreamWeaver International, Inc., and Ube Industries, Ltd.
Frequently Asked Questions
What is the Polyethylene Battery Separators Market growth?
The market is growing at a high CAGR.
What is the Polyethylene Battery Separators Market size in 2021?
The Market size was valued at USD YY million in 2021.
Who are the key players in Polyethylene Battery Separators Market?
Major Players are SK Innovation Co, The Freudenberg Group, Sumitomo Chemical Co., Ltd., DreamWeaver International, Inc., and Ube Industries, Ltd.