Market Overview:
The global lithium ion battery binders market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles and energy storage systems. The anode binder segment is projected to hold the largest share of the global lithium ion battery binders market in 2018, followed by cathode binder and digital battery segments. Asia Pacific is expected to be the fastest-growing region in terms of revenue during the forecast period, owing to rising demand for electric vehicles and energy storage systems in countries such as China and Japan.
Product Definition:
Lithium ion battery binders are chemicals that are used to keep the individual lithium ion cells in a battery pack together. Without binders, the cells would be prone to coming apart and shorting out.
Anode Binder:
Anode binder is a chemical used to bind the anode in lithium ion battery. The primary function of anode binder is to prevent the formation of metallic lithium and protect it from undergoing oxidation. Anode binders are primarily added during the production process, however, some commercial batteries use pre-added anodes.
Cathode Binder:
Cathode binder is a chemical used to prevent the migration of lithium ions in anode and cathode interiors. It also helps in increasing the overall capacity of battery by binding the particles together. The most commonly used cathode binders are graphite, cationic polymer, and silica gel among others.
Application Insights:
Power battery was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. The power batteries include LIB, Li-ion, and Li-polymer batteries used in various consumer electronics products such as smartphones, laptops, tablets etc. These are rechargeable batteries that are used in many portable electronic devices across the globe.
The energy storage battery segment is expected to register a CAGR of XX% from 2018 to 2030 owing to increasing renewable energy production capacities coupled with rising demand for clean electricity generation solutions across industrial applications worldwide. Lithium ion energy storage systems have been gaining traction as an alternative solution for peak demand power generation due to their ability to deliver cost-effective & long-lasting performance benefits over other technologies such as lead acid or gel cell technology among others globally (Siegfried et al., 2016).
Regional Analysis:
The Asia Pacific region is expected to witness the highest CAGR of XX% from 2018 to 2030 owing to increasing demand for electronic devices in developing countries such as China and India. Furthermore, growing adoption of electric vehicles in countries such as Japan and South Korea is also anticipated to drive the market growth over the forecast period.
In 2016, Europe was one of the largest consumers for industrial Li-Ion batteries on account with high energy density offered by these batteries which makes them suitable replacements for Lead Acid or Ni-Cd batteries used in commercial applications including UPSs (Uninterrupted Power Supply) & Standby Power Systems (SPS). However, high manufacturing cost associated with these products may limit their application scope in major markets including North America and Asia Pacific regions.
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 lithium ion battery binders market.
- 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 propelling the growth of the lithum ion battery binders market.
- Rising awareness about environmental benefits of electric vehicles: There is a growing awareness among consumers about the environmental benefits of electric vehicles over traditional petrol or diesel-powered cars. This is likely to boost sales of electric vehicles, leading to an increase in demand for lithium ion batteries and subsequently boosting growth prospects of lithum ion battery binders market players .
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium Ion Battery Binders Market Research Report
By Type
Anode Binder, Cathode Binder
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Lithium Ion Battery Binders Market Report Segments:
The global Lithium Ion Battery Binders market is segmented on the basis of:
Types
Anode Binder, Cathode Binder
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 Lithium Ion Battery Binders 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
- 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 Lithium Ion Battery Binders 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?
Lithium ion battery binders are a type of adhesive that is used to secure and hold together the cells in a lithium ion battery. They are also known as cellophane tape, heat-shrink tubing, or shrink wrap.
Some of the major players in the lithium ion battery binders 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 lithium ion battery binders 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 Lithium Ion Battery Binders 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 Lithium Ion Battery Binders Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lithium Ion Battery Binders 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 Lithium Ion Battery Binders 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 Lithium Ion Battery Binders Market Size & Forecast, 2018-2028
4.5.1 Lithium Ion Battery Binders Market Size and Y-o-Y Growth
4.5.2 Lithium Ion Battery Binders Market Absolute $ Opportunity
Chapter 5 Global Lithium Ion Battery Binders 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 Lithium Ion Battery Binders Market Size Forecast by Type
5.2.1 Anode Binder
5.2.2 Cathode Binder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lithium Ion Battery Binders 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 Lithium Ion Battery Binders Market Size Forecast by Applications
6.2.1 Power Battery
6.2.2 Energy Storage Battery
6.2.3 Digital Battery
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lithium Ion Battery Binders 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 Lithium Ion Battery Binders 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 Lithium Ion Battery Binders Analysis and Forecast
9.1 Introduction
9.2 North America Lithium Ion Battery Binders 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 Lithium Ion Battery Binders Market Size Forecast by Type
9.6.1 Anode Binder
9.6.2 Cathode Binder
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 Lithium Ion Battery Binders Market Size Forecast by Applications
9.10.1 Power Battery
9.10.2 Energy Storage Battery
9.10.3 Digital Battery
9.10.4 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 Lithium Ion Battery Binders Analysis and Forecast
10.1 Introduction
10.2 Europe Lithium Ion Battery Binders 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 Lithium Ion Battery Binders Market Size Forecast by Type
10.6.1 Anode Binder
10.6.2 Cathode Binder
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 Lithium Ion Battery Binders Market Size Forecast by Applications
10.10.1 Power Battery
10.10.2 Energy Storage Battery
10.10.3 Digital Battery
10.10.4 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 Lithium Ion Battery Binders Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lithium Ion Battery Binders 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 Lithium Ion Battery Binders Market Size Forecast by Type
11.6.1 Anode Binder
11.6.2 Cathode Binder
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 Lithium Ion Battery Binders Market Size Forecast by Applications
11.10.1 Power Battery
11.10.2 Energy Storage Battery
11.10.3 Digital Battery
11.10.4 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 Lithium Ion Battery Binders Analysis and Forecast
12.1 Introduction
12.2 Latin America Lithium Ion Battery Binders 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 Lithium Ion Battery Binders Market Size Forecast by Type
12.6.1 Anode Binder
12.6.2 Cathode Binder
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 Lithium Ion Battery Binders Market Size Forecast by Applications
12.10.1 Power Battery
12.10.2 Energy Storage Battery
12.10.3 Digital Battery
12.10.4 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) Lithium Ion Battery Binders Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lithium Ion Battery Binders 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) Lithium Ion Battery Binders Market Size Forecast by Type
13.6.1 Anode Binder
13.6.2 Cathode Binder
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) Lithium Ion Battery Binders Market Size Forecast by Applications
13.10.1 Power Battery
13.10.2 Energy Storage Battery
13.10.3 Digital Battery
13.10.4 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 Lithium Ion Battery Binders Market: Competitive Dashboard
14.2 Global Lithium Ion Battery Binders Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ZEON
14.3.2 Solvay
14.3.3 Suzhou Crystal Clear Chemical
14.3.4 Kureha
14.3.5 Chengdu Indigo Power Sources
14.3.6 JRS
14.3.7 Arkema
14.3.8 BOBS-TECH
14.3.9 NIPPON A&L
14.3.10 Shanghai 3F New Materials
