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Polyethylene Battery Separator Market Size, Share, Industry, Forecast and outlook (2023-2030)

Published: 2023 April 17
SKU : MA282
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180 pages
Report Summary
Table of Content

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, 2023-2030

 

Polyethylene Battery Separators Market Overview

The Global Polyethylene Battery Separators Market is expected to grow at a high CAGR during the forecasting period (2023-2030). 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

Metrics

Details

Market CAGR

High

Segments Covered

By Battery Type, By Application, and By Region

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.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

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.

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FAQ’s
What is the Polyethylene Battery Separators Market growth?
The market is growing at a high CAGR.
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.
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