Market Overview:
The global battery coating market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for batteries from the consumer electronics and power industry sectors. In terms of type, the PVDF segment is expected to lead the market during the forecast period, owing to its properties such as high thermal stability and chemical resistance. In terms of application, the consumer electronics sector is expected to lead the market duringthe forecast period, owingtoits growing demand for portable devices such as smartphones and laptops.
Product Definition:
A battery coating is a type of film that is applied to the surface of a battery in order to protect it from corrosion. This film can also improve the performance and lifespan of the battery.
PVDF:
Polyvinylidene difluoride (PVDF) is a synthetic non-woven fabric, which is produced from carbon-rich polymer and fluorine. PVDF has the ability to adsorb large amount of water vapor and can be used as an electrolyte in wet batteries. It also provides excellent mechanical strength, thermal stability, gas barrier properties along with high conductivity for battery electrodes.
Ceramic:
Ceramic is a solid material that is resistant to thermal shock, has low electrical conductivity, and can be made extremely thin. Ceramics are used in various end-use industries including automotive & transportation, electronics & semiconductors, energy generation and power distribution among others. Battery coating includes the process of applying ceramic particles on a battery surface to improve its properties such as thermal management (heat dissipation), mechanical integrity (harder impact) and electrical performance among others.
Application Insights:
The consumer electronics segment accounted for the largest revenue share in 2017 and is anticipated to maintain its dominance over the forecast period. The growth can be attributed to increasing demand for smartphones across the globe. Moreover, technological advancements such as curved displays are expected to drive product demand further.
Power industry is another significant application segment where battery coatings are used on large scale basis owing to properties such as high insulation resistance and low thermal conductivity which enhance heat dissipation from batteries. These coatings also prevent corrosion caused by direct contact of metal parts with sulfuric acid solution during discharging or charging of batteries in power plants or marine environment respectively. Increasing investments in renewable energy sector coupled with growing concerns regarding environmental pollution are expected fuel the demand for solar cells & panels which will further boost consumption of solar products thereby supporting market growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing demand for consumer electronics in China, India, South Korea, and Taiwan. The growing manufacturing sector in these countries will drive product demand over the forecast period.
North America was valued at USD X billion in 2017 as it accounts for nearly 15% of global battery production capacity which will boost industry growth over the coming years due to rising demand from electric vehicles and power storage systems applications regionally as well as globally. Moreover, presence of key manufacturers such as Exide Industries; Johnson Controls; Odyssey Technology Group; Newell Brands Inc.; State Bank Of India (SBI); Mahindra & Mahindra Ltd.; HDFC Bank Ltd.; ICICI Bank Ltd.
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 battery coatings, as they play a crucial role in extending the life of batteries.
- Growing popularity of energy storage systems: Energy storage systems are becoming increasingly popular due to their ability to store energy from renewable sources and provide backup power during outages. This is expected to drive the growth of the battery coating market in the coming years.
- Rising investment in R&D: Battery coatings are witnessing rapid technological advancements, with companies investing heavily in R&D activities to develop new and innovative products. This is likely to boost the growth of this market in future years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Battery Coating Market Research Report
By Type
PVDF, Ceramic, Alumina, Oxide, Carbon, Others
By Application
Consumer Electronics, Power Industry, Others
By Companies
APV Engineered Coatings, Arkema, Solvay, Mitsubishi, Ube Industries Ltd., Tanaka Chemical Corporation, Asahi Kasei Corporation, SK innovation Co., Ltd., Unifrax, NEI Corporation, Targray Technology International Inc., Alteo Group, Nano One Materials Corp., SAMCO Inc., Nexeon Limited, ALD NanoSolutions, Inc., Forge Nano Inc, Beneq Group
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
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Battery Coating Market Report Segments:
The global Battery Coating market is segmented on the basis of:
Types
PVDF, Ceramic, Alumina, Oxide, Carbon, Others
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
Consumer Electronics, Power Industry, 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:
- APV Engineered Coatings
- Arkema
- Solvay
- Mitsubishi
- Ube Industries Ltd.
- Tanaka Chemical Corporation
- Asahi Kasei Corporation
- SK innovation Co., Ltd.
- Unifrax
- NEI Corporation
- Targray Technology International Inc.
- Alteo Group
- Nano One Materials Corp.
- SAMCO Inc.
- Nexeon Limited
- ALD NanoSolutions, Inc.
- Forge Nano Inc
- Beneq Group
Highlights of The Battery Coating 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:
- PVDF
- Ceramic
- Alumina
- Oxide
- Carbon
- Others
- By Application:
- Consumer Electronics
- Power Industry
- 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 Battery Coating 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Battery coating is a process that coats the anode and cathode of a battery with a protective layer. This layer helps to prevent the battery from corroding, which can cause it to fail.
Some of the major companies in the battery coating market are APV Engineered Coatings, Arkema, Solvay, Mitsubishi, Ube Industries Ltd., Tanaka Chemical Corporation, Asahi Kasei Corporation, SK innovation Co., Ltd., Unifrax, NEI Corporation, Targray Technology International Inc., Alteo Group, Nano One Materials Corp., SAMCO Inc., Nexeon Limited, ALD NanoSolutions, Inc., Forge Nano Inc, Beneq Group.
The battery coating market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Battery Coating Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Battery Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Battery Coating Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Battery Coating Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Battery Coating Market Size & Forecast, 2018-2028
4.5.1 Battery Coating Market Size and Y-o-Y Growth
4.5.2 Battery Coating Market Absolute $ Opportunity
Chapter 5 Global Battery Coating Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Battery Coating Market Size Forecast by Type
5.2.1 PVDF
5.2.2 Ceramic
5.2.3 Alumina
5.2.4 Oxide
5.2.5 Carbon
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Battery Coating Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Battery Coating Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Power Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Battery Coating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Battery Coating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Battery Coating Analysis and Forecast
9.1 Introduction
9.2 North America Battery Coating Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Battery Coating Market Size Forecast by Type
9.6.1 PVDF
9.6.2 Ceramic
9.6.3 Alumina
9.6.4 Oxide
9.6.5 Carbon
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Battery Coating Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Power Industry
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Battery Coating Analysis and Forecast
10.1 Introduction
10.2 Europe Battery Coating Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Battery Coating Market Size Forecast by Type
10.6.1 PVDF
10.6.2 Ceramic
10.6.3 Alumina
10.6.4 Oxide
10.6.5 Carbon
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Battery Coating Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Power Industry
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Battery Coating Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Battery Coating Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Battery Coating Market Size Forecast by Type
11.6.1 PVDF
11.6.2 Ceramic
11.6.3 Alumina
11.6.4 Oxide
11.6.5 Carbon
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Battery Coating Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Power Industry
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Battery Coating Analysis and Forecast
12.1 Introduction
12.2 Latin America Battery Coating Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Battery Coating Market Size Forecast by Type
12.6.1 PVDF
12.6.2 Ceramic
12.6.3 Alumina
12.6.4 Oxide
12.6.5 Carbon
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Battery Coating Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Power Industry
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Battery Coating Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Battery Coating Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Battery Coating Market Size Forecast by Type
13.6.1 PVDF
13.6.2 Ceramic
13.6.3 Alumina
13.6.4 Oxide
13.6.5 Carbon
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Battery Coating Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Power Industry
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Battery Coating Market: Competitive Dashboard
14.2 Global Battery Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 APV Engineered Coatings
14.3.2 Arkema
14.3.3 Solvay
14.3.4 Mitsubishi
14.3.5 Ube Industries Ltd.
14.3.6 Tanaka Chemical Corporation
14.3.7 Asahi Kasei Corporation
14.3.8 SK innovation Co., Ltd.
14.3.9 Unifrax
14.3.10 NEI Corporation
14.3.11 Targray Technology International Inc.
14.3.12 Alteo Group
14.3.13 Nano One Materials Corp.
14.3.14 SAMCO Inc.
14.3.15 Nexeon Limited
14.3.16 ALD NanoSolutions, Inc.
14.3.17 Forge Nano Inc
14.3.18 Beneq Group
