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Global Battery Separators Market size was valued at USD 4.5 billion in 2021 and is poised to grow from USD 5.3 billion in 2022 to USD 16.2 billion by 2030, growing at a CAGR of 16.4% in the forecast period (2023-2030).

Some of the key players are Ahlstrom-Munksjö, 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. 'Asahi Kasei Corporation', 'Toray Industries, Inc.', 'Sumitomo Chemical Co., Ltd.', 'SK Innovation Co., Ltd.', 'Celgard LLC', 'UBE Industries, Ltd.', 'W-Scope Corporation', 'Dreamweaver International, Inc.', 'Mitsubishi Chemical Corporation', 'Entek International LLC', 'Freudenberg Performance Materials', 'Jinhui Hi-Tech (H.K.) Limited', 'Foshan Jinhui Hi-Tech Optoelectronic Material Co., Ltd.', 'Teijin Limited', 'Wuxi Shengda Plastic Co., Ltd.', 'Xingda International Holdings Limited', 'Zhongke Science and Technology Co., Ltd.', 'Henan Yiteng New Energy Technology Co., Ltd.', 'Tongling Jingdun Technology Co., Ltd.', 'Suzhou GreenPower New Energy Materials Co., Ltd.'

High demand across end users

The Japanese automaker, Toyota, is attempting to retake the lead from the Chinese, who currently dominate Li-ion battery packs, with Shanghai Energy ousting Japan's Asahi Kasei in the battery separator material market and Contemporary Amperex Technology Co. Ltd., a company with its headquarters in Nigde, China, as the world's largest supplier of lithium-ion batteries. This year, Toyota will introduce a prototype of its EV that will be the first to be sold using a solid-state battery.

Asia-Pacific is expected to be the dominant the global battery separators market due to the enormous demand for battery materials in emerging nations such as China and India. The need for battery separators in EV batteries is expected to rise as a result of governments in Europe beginning to provide subsidies for the production of electric vehicles. Recently, this area has developed into a centre for the manufacture of automobiles, creating new paths and chances for the OEM market.

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Global Battery Separators Market

Product ID: SQSG20D2011