Market Overview:
The global binders for lithium ion batteries market is expected to grow at a CAGR of 6.5% during the forecast period 2018-2030. The anode binder segment is projected to be the fastest growing segment in the global binders for lithium ion batteries market, by type, during the forecast period. This can be attributed to increasing demand for electric vehicles and portable electronic devices across the globe. The cathode binder segment is projected to hold second largest share in terms of value in 2030.
Product Definition:
Binders are substances that hold the particles of active material in a battery together. Without binders, the battery would not work because the individual particles would not be able to make contact with each other.
Anode Binder:
Anode binder is a chemical used to bind the anode in lithium-ion batteries. The primary function of anode binders is to prevent the formation of metallic particles and improve battery performance by increasing cycle life, decreasing self-discharge rate, and improving thermal stability. Anodes are made from various materials such as graphite, carbon black (charcoal), natural fibers (flax), ceramics or metals such as lithium cobalt oxide or lithiated graphite.
Cathode Binder:
Cathode binders are used in lithium-ion batteries to prevent the particles from flying around and causing a risk to the operator. The binding property of cathode binders is utilized in various applications including transportation, power generation, telecom sector, consumer electronics industry and others.
The global cathode binder market size was valued at USD 856.1 million in 2016.
Application Insights:
The power battery segment held the largest share of 63.0% in 2018 and is expected to witness significant growth over the forecast period owing to increasing demand for electric vehicles across various regions, including North America and Europe. The digital battery segment is anticipated to exhibit a CAGR of XX% from 2019 to 2030 in terms of revenue on account of growing demand for energy storage systems across various regions, including Asia Pacific and Middle East & Africa.
The others application segment includes industrial batteries as well as UPS (uninterruptible power supply) batteries, which are used in numerous applications such as medical equipment or computers that require a constant supply of electricity without any failure caused due to loss or absence of electricity source.
Regional Analysis:
Asia Pacific was the largest regional market in 2018 and is expected to maintain its position during the forecast period. The region has been witnessing a growing demand for electric vehicles, which is likely to boost product demand over the coming years. In addition, rising disposable income levels coupled with an increasing population are expected to fuel industry growth over the next eight years.
The European market also held a significant share of global revenue in 2018 owing to high consumer awareness regarding environmental effects of battery consumption as well as technological advancements associated with lithium-ion batteries. Moreover, presence of major companies such as SANY Group; Exide; and Johnson Controls has led Europe being at par with North America in terms of technology adoption rate among other regions globally.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This will lead to an increase in the demand for lithium ion batteries, which in turn will drive the growth of the binder market for lithium ion batteries.
- Growing investments in renewable energy: Governments and private investors are increasingly investing in renewable energy sources such as solar and wind power. This is expected to result in a surge in demand for lithium ion batteries, thereby driving the growth of the binder market for lithium ion batteries.
- Rising consumer awareness about environment-friendly options: There has been a rise in consumer awareness about environment-friendly options such as electric vehicles and renewable energy sources over the past few years. This is likely to lead to an increase in demand for lithium ion batteries, propellingthe growth ofthe binder marketforlithiumionbatteriesin themarketplace .
Scope Of The Report
Report Attributes
Report Details
Report Title
Binders for Lithium Ion Batteries Market Research Report
By Type
Anode Binder, Cathode Binder, Anode was the largest segment of Binders for Lithium Ion Batteries, with a market share approximately of 63% in 2018.
By Application
Power Battery, Energy Storage Battery, Digital Battery, Others
By Companies
ZEON, Solvay, Suzhou Crystal Clear Chemical, Kureha, Chengdu Indigo Power Sources, JRS, Arkema, BOBS-TECH, NIPPON A&L, Shanghai 3F New Materials
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Binders for Lithium Ion Batteries Market Report Segments:
The global Binders for Lithium Ion Batteries market is segmented on the basis of:
Types
Anode Binder, Cathode Binder, Anode was the largest segment of Binders for Lithium Ion Batteries, with a market share approximately of 63% in 2018.
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Battery, Energy Storage Battery, Digital Battery, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ZEON
- Solvay
- Suzhou Crystal Clear Chemical
- Kureha
- Chengdu Indigo Power Sources
- JRS
- Arkema
- BOBS-TECH
- NIPPON A&L
- Shanghai 3F New Materials
Highlights of The Binders for Lithium Ion Batteries Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Anode Binder
- Cathode Binder
- Anode was the largest segment of Binders for Lithium Ion Batteries, with a market share approximately of 63% in 2018.
- By Application:
- Power Battery
- Energy Storage Battery
- Digital Battery
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Binders for Lithium Ion Batteries Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Binders are a type of material that is used to help keep the cells in a lithium ion battery together. This helps to prevent the cells from becoming damaged and also helps to improve the overall performance of the battery.
Some of the major players in the binders for lithium ion batteries market are ZEON, Solvay, Suzhou Crystal Clear Chemical, Kureha, Chengdu Indigo Power Sources, JRS, Arkema, BOBS-TECH, NIPPON A&L, Shanghai 3F New Materials.
The binders for lithium ion batteries market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Binders for Lithium Ion Batteries Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Binders for Lithium Ion Batteries Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Binders for Lithium Ion Batteries Market - Supply Chain
4.5. Global Binders for Lithium Ion Batteries Market Forecast
4.5.1. Binders for Lithium Ion Batteries Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Binders for Lithium Ion Batteries Market Size (000 Units) and Y-o-Y Growth
4.5.3. Binders for Lithium Ion Batteries Market Absolute $ Opportunity
5. Global Binders for Lithium Ion Batteries Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Binders for Lithium Ion Batteries Market Size and Volume Forecast by Type
5.3.1. Anode Binder
5.3.2. Cathode Binder
5.3.3. Anode was the largest segment of Binders for Lithium Ion Batteries, with a market share approximately of 63% in 2018.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Binders for Lithium Ion Batteries Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Binders for Lithium Ion Batteries Market Size and Volume Forecast by Application
6.3.1. Power Battery
6.3.2. Energy Storage Battery
6.3.3. Digital Battery
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Binders for Lithium Ion Batteries Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Binders for Lithium Ion Batteries Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Binders for Lithium Ion Batteries Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Binders for Lithium Ion Batteries Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Binders for Lithium Ion Batteries Demand Share Forecast, 2019-2026
9. North America Binders for Lithium Ion Batteries Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Binders for Lithium Ion Batteries Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Binders for Lithium Ion Batteries Market Size and Volume Forecast by Application
9.4.1. Power Battery
9.4.2. Energy Storage Battery
9.4.3. Digital Battery
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Binders for Lithium Ion Batteries Market Size and Volume Forecast by Type
9.7.1. Anode Binder
9.7.2. Cathode Binder
9.7.3. Anode was the largest segment of Binders for Lithium Ion Batteries, with a market share approximately of 63% in 2018.
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Binders for Lithium Ion Batteries Demand Share Forecast, 2019-2026
10. Latin America Binders for Lithium Ion Batteries Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Binders for Lithium Ion Batteries Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Binders for Lithium Ion Batteries Market Size and Volume Forecast by Application
10.4.1. Power Battery
10.4.2. Energy Storage Battery
10.4.3. Digital Battery
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Binders for Lithium Ion Batteries Market Size and Volume Forecast by Type
10.7.1. Anode Binder
10.7.2. Cathode Binder
10.7.3. Anode was the largest segment of Binders for Lithium Ion Batteries, with a market share approximately of 63% in 2018.
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Binders for Lithium Ion Batteries Demand Share Forecast, 2019-2026
11. Europe Binders for Lithium Ion Batteries Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Binders for Lithium Ion Batteries Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Binders for Lithium Ion Batteries Market Size and Volume Forecast by Application
11.4.1. Power Battery
11.4.2. Energy Storage Battery
11.4.3. Digital Battery
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Binders for Lithium Ion Batteries Market Size and Volume Forecast by Type
11.7.1. Anode Binder
11.7.2. Cathode Binder
11.7.3. Anode was the largest segment of Binders for Lithium Ion Batteries, with a market share approximately of 63% in 2018.
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Binders for Lithium Ion Batteries Demand Share, 2019-2026
12. Asia Pacific Binders for Lithium Ion Batteries Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Binders for Lithium Ion Batteries Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Binders for Lithium Ion Batteries Market Size and Volume Forecast by Application
12.4.1. Power Battery
12.4.2. Energy Storage Battery
12.4.3. Digital Battery
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Binders for Lithium Ion Batteries Market Size and Volume Forecast by Type
12.7.1. Anode Binder
12.7.2. Cathode Binder
12.7.3. Anode was the largest segment of Binders for Lithium Ion Batteries, with a market share approximately of 63% in 2018.
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Binders for Lithium Ion Batteries Demand Share, 2019-2026
13. Middle East & Africa Binders for Lithium Ion Batteries Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Binders for Lithium Ion Batteries Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Binders for Lithium Ion Batteries Market Size and Volume Forecast by Application
13.4.1. Power Battery
13.4.2. Energy Storage Battery
13.4.3. Digital Battery
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Binders for Lithium Ion Batteries Market Size and Volume Forecast by Type
13.7.1. Anode Binder
13.7.2. Cathode Binder
13.7.3. Anode was the largest segment of Binders for Lithium Ion Batteries, with a market share approximately of 63% in 2018.
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Binders for Lithium Ion Batteries Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Binders for Lithium Ion Batteries Market: Market Share Analysis
14.2. Binders for Lithium Ion Batteries Distributors and Customers
14.3. Binders for Lithium Ion Batteries Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ZEON
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Solvay
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Suzhou Crystal Clear Chemical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kureha
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Chengdu Indigo Power Sources
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. JRS
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Arkema
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BOBS-TECH
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. NIPPON A&L
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shanghai 3F New Materials
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
