Market Overview:
The global water based battery binders market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and batteries across the globe. In addition, the growing awareness about environment-friendly products is also propelling the growth of this market. The water based anode binder segment is expected to dominate the global water based battery binders market during the forecast period from 2018 to 2030. This segment accounted for a major share of the global water based battery binders market in 2017 and is projected to grow at a high CAGR during the forecast period. The growth in this segment can be attributed to its properties such as low toxicity, non-flammability, and biodegradability which make it an ideal choice for use in batteries.
Product Definition:
Water based battery binders are important because they keep the acid in the battery from spilling out.
Water Based Anode Binder:
Water-based anode binders are used to increase the strength of water-based paints and coatings. They also help in increasing the viscosity of coating, which is helpful for higher performance. The most commonly used binder is a polymer resin that contains hydroxyl groups.
Water Based Cathode Binder:
Water-based cathode binders are used in water-based battery binders market. These products have a high viscosity and low surface tension, which allows them to fill the interstices of a wide range of substrates including plastics, rubbers, and textiles. They can be utilized as adhesives or as an alternative to solvent-based coatings for various applications such as metalizing plastic films or rubber tires.
Application Insights:
The others segment held the largest market share in 2017 and is expected to expand at a steady CAGR over the forecast period. Other water based binders include hydrolysis resistant resins, crosslinking agents, polyurethanes and silicones among others. The rising demand for energy storage devices across various end-use industries including automotive, consumer electronics & appliances etc., is anticipated to drive growth over the coming years.
The Li-ion battery segment is estimated to register a higher CAGR during the forecast period owing to its high rate of adoption in portable electronics applications such as smartphones and laptops among other consumer products such as power banks and wearable devices. Rapid urbanization coupled with increasing disposable income has led to an increase in demand for electric vehicles which are also likely to propel product demand from 2018 till 2030 on account of growing automotive industry globally.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for portable devices and rising industrialization in the region. The growth can be attributed to various factors such as rapid urbanization, technological advancements, and high energy requirements of electronic products.
The Asia Pacific was followed by Europe which accounted for over 25% of the total revenue share in 2017 owing to stringent regulations regarding VOC emissions coupled with rising environmental concerns about waste disposal practices that hinder battery performance. Water based binder technology offers superior results when compared with solvent-based binders due its eco-friendly attributes thus promoting product adoption across this region.
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 would lead to an increase in the demand for water based battery binders, as they are used in the manufacturing of batteries for electric vehicles.
- Growing awareness about environment-friendly products: There is a growing awareness among consumers about the need to use environment-friendly products. This is driving the demand for water based battery binders, as they are non-toxic and biodegradable.
- Rising investments in renewable energy: Renewable energy sources such as solar and wind power are gaining popularity due to their environmental friendliness and cost effectiveness. This is leading to an increase in investments in these technologies, which will drive the growth of the water based battery binders market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Water Based Battery Binders Market Research Report
By Type
Water Based Anode Binder, Water Based Cathode Binder
By Application
Li-ion Battery, NI-MH Battery, Others
By Companies
JSR Micro, MTI Corporation, Zeon, Solvay, GreenLion, Ashland, IElectrolyte, Bobstech, Sumitomo Seika, MSE Supplies LLC, Eternal Materials Co.,Ltd
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
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Water Based Battery Binders Market Report Segments:
The global Water Based Battery Binders market is segmented on the basis of:
Types
Water Based Anode Binder, Water Based 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
Li-ion Battery, NI-MH 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:
- JSR Micro
- MTI Corporation
- Zeon
- Solvay
- GreenLion
- Ashland
- IElectrolyte
- Bobstech
- Sumitomo Seika
- MSE Supplies LLC
- Eternal Materials Co.,Ltd
Highlights of The Water Based 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:
- Water Based Anode Binder
- Water Based Cathode Binder
- By Application:
- Li-ion Battery
- NI-MH 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 Water Based 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?
Water Based Battery Binders are a type of adhesive that is made from water and an adhesive. They are commonly used to keep batteries together while they are being transported or stored.
Some of the major players in the water based battery binders market are JSR Micro, MTI Corporation, Zeon, Solvay, GreenLion, Ashland, IElectrolyte, Bobstech, Sumitomo Seika, MSE Supplies LLC, Eternal Materials Co.,Ltd.
The water based battery binders market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Water Based 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 Water Based Battery Binders Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Water Based 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 Water Based 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 Water Based Battery Binders Market Size & Forecast, 2020-2028
4.5.1 Water Based Battery Binders Market Size and Y-o-Y Growth
4.5.2 Water Based Battery Binders Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Water Based Anode Binder
5.2.2 Water Based Cathode Binder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Li-ion Battery
6.2.2 NI-MH Battery
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Water Based 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 Water Based 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Water Based Anode Binder
9.6.2 Water Based 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 Market Size Forecast by Applications
9.10.1 Li-ion Battery
9.10.2 NI-MH Battery
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Water Based Anode Binder
10.6.2 Water Based 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 Market Size Forecast by Applications
10.10.1 Li-ion Battery
10.10.2 NI-MH Battery
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Water Based Anode Binder
11.6.2 Water Based 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 Market Size Forecast by Applications
11.10.1 Li-ion Battery
11.10.2 NI-MH Battery
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Water Based Anode Binder
12.6.2 Water Based 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 Market Size Forecast by Applications
12.10.1 Li-ion Battery
12.10.2 NI-MH Battery
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Water Based Anode Binder
13.6.2 Water Based 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) Market Size Forecast by Applications
13.10.1 Li-ion Battery
13.10.2 NI-MH Battery
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 Water Based Battery Binders Market: Competitive Dashboard
14.2 Global Water Based Battery Binders Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JSR Micro
14.3.2 MTI Corporation
14.3.3 Zeon
14.3.4 Solvay
14.3.5 GreenLion
14.3.6 Ashland
14.3.7 IElectrolyte
14.3.8 Bobstech
14.3.9 Sumitomo Seika
14.3.10 MSE Supplies LLC
14.3.11 Eternal Materials Co.,Ltd
