Battery Coating Market size was valued at US$ 212.75 Mn in 2021 and the total revenue is expected to grow at 12.2 % through 2021 to 2029, reaching nearly US$ 534.33 Mn. The global Battery Coating market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Battery Coating report also provides trends by market segments, technology, and investment with a competitive landscape.To know about the Research Methodology :- Request Free Sample Report
Battery Coating Market Overview:
Battery coating is a technology for thin film deposition which is used in battery to enhance the electrochemical performance of cathode and anode powder. Battery coating enhances life, decreases the process of degradation, and improves the battery's protection and operational quality. Without adversely affecting the battery life, it helps produce increased voltages. The market growth is driven by the high production of electric vehicles (EVs), hybrid electric vehicles (HEVs), and plug-in hybrid electric vehicles (PHEVs) and the growing demand for smart devices and other consumer electronics.Battery Coating Market Dynamics:
Increase in need for high-performance batteries, rising demand of the product thanks to high production of electric vehicles, increasing preferences towards the usages of smart devices, rising number of applications in automobile and renewable energy sectors, increasing prevalence of stringent environmental norms, rising usages of the product to increase durability, decreases degradation mechanism and improves the safety and working efficiency of the battery are some of the major factors which likely to enhance the growth of the battery coating market during the forecast period 2021-2029 On the other hand, increasing use of batteries in energy storage devices along with the rising number of innovation and technological advances in battery materials further contribute by generating massive opportunities that lead to the battery coating market growth in the above-mentioned projected timeframe. High cost of technology along with the technology trend for solid electrolytes are likely to act as a market restraints factor for the battery coating market growth during the forecast period.Battery Coating Market Segment Analysis:
By Battery Component, the automotive lead acid batteries market is bifurcated into electrode coating, separator coating, and battery pack coating. The separator coating segment held the largest share in 2021, growing use of lithium-ion batteries, which require separator coatings for use in electric vehicles across the globe. Separator coating is majorly required in lithium-ion batteries that go into EVs. Separator coating lowers the shrinkage of the separators in batteries, thus enhancing the battery life cycle. The high production of EVs is the major driver for the growth of the separator coating segment in the battery coating market. By Material Type, the market is bifurcated into PVDF, ceramic, alumina, oxide, carbon, and others. The PVDF segment accounted for the largest share of the battery coating market in 2021. PVDF is a semi-crystalline polymer with low hardness and electrochemical stability which makes it a suitable material for separator coater battery components. In comparison to traditional separators, the porous PVDF-coated separator displays a higher porosity (56%), a better liquid electrolyte uptake (200%), and electrochemical stability under 5V. These characteristics are responsible for the high adoption of PVDF for separator coating. The surge in demand for separator coatings from the lithium-ion battery end-use industry is generating huge demand for the PVDF segment. The PVDF segment is expected to account for the largest share of the market over the forecast period. Recent Development: In November 2019, Solvay SA announced the expansion of its SOLEF polyvinylidene fluoride (PVDF) capacity in China to meet the booming demand in lithium batteries. The company will be more than doubling its production capacity of high-performance polymer SOLEF PVDF at its production site in Changshu, China. PVDF is used as a coating material for battery separators as well as binders for battery electrodes.Battery Coating Market Regional Insights:
The Asia Pacific is expected to dominating the Battery Coating Market The Asia Pacific is expected to be the fastest-growing region of the battery coating market during the forecast period. The rising demand for new energy storage applications in vehicles, grid-connected energy storage, and consumer gadgets is expected to increase the need for more sustainable batteries, thereby driving the growth of the battery coating market. Massive economic expansion and the flourishing electronics and electric vehicle industries in some Asia Pacific countries, includes China, Japan, and South Korea, are responsible for the markets high growth rate in the region. Currently, China is the largest market for battery coating in the Asia Pacific region. Europe dominates the battery coating market thanks to the increasing number of stringent environmental rules along with the prevalence of renewable energy and electric vehicles in the region. The objective of the report is to present a comprehensive analysis of the Global Battery Coating market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. Porter, svor, pestel analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Battery Coating market dynamics, structure by analyzing the market segments and project the Global Battery Coating market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Battery Coating market make the report investor’s guide.Battery Coating Market Scope: Inquire before buying
Global Battery Coating Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 212.75 Mn. Forecast Period 2022 to 2029 CAGR: 12.2% Market Size in 2029: US $ 534.33 Mn. Segments Covered: by Battery Component • Electrode Coating • Separator Coating • Battery Pack Coating by Material Type • PVDF • Ceramic • Alumina • Oxide • Carbon • Others Battery Coating Market, by Region
• North America • Europe • Asia Pacific • Middle East and Africa • South AmericaBattery Coating Market Key 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. (Canada) • Alteo Group (France) • Nano One Materials Corp. (Canada) • SAMCO Inc. (Japan) • Nexeon Limited (UK) • ALD NanoSolutions, Inc. (US) • Forge Nano Inc. (US) • Beneq Group (Finland) • Others Frequently Asked Questions: 1. Which region has the largest share in Global Battery Coating Market? Ans: Asia Pacific region held the highest share in 2021. 2. What is the growth rate of Global Battery Coating Market? Ans: The Global Battery Coating Market is growing at a CAGR of 12.2% during forecasting period 2022-2029. 3. What is scope of the Global Battery Coating market report? Ans: Global Battery Coating Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Battery Coating market? Ans: The important key players in the Global Battery Coating Market are – 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. (Canada), Alteo Group (France), Nano One Materials Corp. (Canada), SAMCO Inc. (Japan), Nexeon Limited (UK), ALD NanoSolutions, Inc. (US), Forge Nano Inc. (US), Beneq Group (Finland), and Others 5. What is the study period of this market? Ans: The Global Battery Coating Market is studied from 2021 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Battery Coating Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Battery Coating Market 3.4. Geographical Snapshot of the Battery Coating Market, By Manufacturer share 4. Global Battery Coating Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Battery Components 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Battery Coating Market 5. Supply Side and Demand Side Indicators 6. Global Battery Coating Market Analysis and Forecast, 2021-2029 6.1. Global Battery Coating Market Size & Y-o-Y Growth Analysis. 7. Global Battery Coating Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 7.1.1. Electrode Coating 7.1.2. Separator Coating 7.1.3. Battery Pack Coating 7.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 7.2.1. PVDF 7.2.2. Ceramic 7.2.3. Alumina 7.2.4. Oxide 7.2.5. Carbon 7.2.6. Others 8. Global Battery Coating Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Battery Coating Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 9.1.1. Electrode Coating 9.1.2. Separator Coating 9.1.3. Battery Pack Coating 9.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 9.2.1. PVDF 9.2.2. Ceramic 9.2.3. Alumina 9.2.4. Oxide 9.2.5. Carbon 9.2.6. Others 10. North America Battery Coating Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Battery Coating Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 11.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 12. Canada Battery Coating Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 12.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 13. Mexico Battery Coating Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 13.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 14. Europe Battery Coating Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 14.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 15. Europe Battery Coating Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Battery Coating Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 16.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 17. France Battery Coating Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 17.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 18. Germany Battery Coating Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 18.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 19. Italy Battery Coating Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 19.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 20. Spain Battery Coating Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 20.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 21. Sweden Battery Coating Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 21.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 22. CIS Countries Battery Coating Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 22.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 23. Rest of Europe Battery Coating Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 23.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 24. Asia Pacific Battery Coating Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 24.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 25. Asia Pacific Battery Coating Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Battery Coating Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 26.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 27. India Battery Coating Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 27.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 28. Japan Battery Coating Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 28.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 29. South Korea Battery Coating Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 29.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 30. Australia Battery Coating Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 30.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 31. ASEAN Battery Coating Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 31.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 32. Rest of Asia Pacific Battery Coating Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 32.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 33. Middle East Africa Battery Coating Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 33.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 34. Middle East Africa Battery Coating Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Battery Coating Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 35.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 36. GCC Countries Battery Coating Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 36.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 37. Egypt Battery Coating Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 37.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 38. Nigeria Battery Coating Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 38.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 39. Rest of ME&A Battery Coating Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 39.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 40. South America Battery Coating Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 40.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 41. South America Battery Coating Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Battery Coating Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 42.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 43. Argentina Battery Coating Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 43.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 44. Rest of South America Battery Coating Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Battery Component, 2021-2029 44.2. Market Size (Value) Estimates & Forecast By Material Type, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Battery Coating Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Material Types and R&D Investment 45.2.2. New Battery Component Launches and Battery Component Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Danaher Corporation 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Battery Component Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. APV Engineered Coatings (US) 45.3.3. Arkema SA (France) 45.3.4. Solvay SA (Belgium) 45.3.5. Mitsubishi Paper Mills Ltd. (Japan) 45.3.6. Ube Industries Ltd. (Japan) 45.3.7. Tanaka Chemical Corporation (Japan) 45.3.8. Asahi Kasei Corporation (Japan) 45.3.9. SK innovation Co., Ltd. (South Korea) 45.3.10. Unifrax (US) 45.3.11. NEI Corporation (US) 45.3.12. Targray Technology International Inc. (Canada) 45.3.13. Alteo Group (France) 45.3.14. Nano One Materials Corp. (Canada) 45.3.15. SAMCO Inc. (Japan) 45.3.16. Nexeon Limited (UK) 45.3.17. ALD NanoSolutions, Inc. (US) 45.3.18. Forge Nano Inc. (US) 45.3.19. Beneq Group (Finland) 45.3.20. Other Key Players 46. Primary Key Insights