Press release
Global Lithium-Ion Battery Binders Market Share & Size, Growth, Industry Trends | Emergen Research
Lithium-Ion Battery Binders Market
Growing Demand for Sustainable Battery Solutions
Lithium-ion battery binders are crucial components in the coatings of battery electrodes, helping to facilitate electrochemical reactions and delivering electrical energy. These binders, though a small part of the battery by weight, play an essential role by holding the active materials together, ensuring proper battery function.
You Can Download Free Sample PDF Copy Of This Report At: https://www.emergenresearch.com/request-sample/2899
Recent advancements, such as the development of water-based processing for binders, have had a significant impact on the market. Water-based solutions like Styrene Butadiene Copolymer (SBR) binders have gained popularity due to their lower production costs, sustainability, and faster drying times. Companies like DIC Corporation have pioneered this movement, introducing products such as WATERSOL-LB, a waterborne anode binder that extends battery life and reduces environmental impact.
Innovations Boosting Market Expansion
The demand for lithium-ion batteries, especially in the EV sector, continues to surge. According to the International Energy Agency, demand for automotive lithium-ion batteries increased by 65% in 2022, largely due to rising EV sales. This demand is driving innovations in battery binders, including the development of more efficient, sustainable binders such as those extracted using supercritical carbon dioxide.
Additionally, governments worldwide are stepping in to support this growing market. In the United States, the Bipartisan Infrastructure Law, passed in 2022, includes initiatives to boost domestic battery production. This includes the development of facilities to meet the rising demand for battery binders, especially for EVs.
Challenges Facing the Lithium-Ion Battery Binders Market
Despite these advancements, the market faces several challenges. The high cost of lithium-ion batteries remains a significant barrier, with prices ranging from USD 400 to USD 500 per kWh, partly due to the costs associated with storage facilities and recycling solvents during production. Additionally, a shortage of raw materials required for binder manufacturing and safety concerns over fire incidents involving defective batteries are constraining market growth.
Market Segmentation Insights
By material, Polyvinylidene Fluoride (PVDF) held the largest revenue share in 2022. PVDF is widely used in lithium-ion batteries due to its excellent adhesion, thermal stability, and corrosion resistance, making it a preferred choice for high-performance batteries across industries like semiconductors, oil and gas, and water filtration.
The Carboxymethyl Cellulose (CMC) segment is expected to see robust growth due to its sustainable properties and application in EV batteries. Companies like Nippon Paper Group are investing heavily in CMC-based additives for battery production, recognizing its value in creating more efficient, longer-lasting batteries.
By type, Anode Binders dominated the market in 2022. Anode binders, especially those that support silicon-based anode materials, are key to improving battery capacity. Innovations such as BASF's Licity 2698 X F binder, which allows for higher silicon content, are helping drive the growth of this segment.
Consumer Electronics Leads, Energy Storage to Grow Fastest
In terms of end-use, consumer electronics accounted for the largest share in 2022, as lithium-ion batteries are essential for the performance and longevity of devices like smartphones and laptops. However, the energy storage segment is expected to grow the fastest during the forecast period. Water-based anode binders, especially Styrene Butadiene Rubber (SBR), are helping boost battery performance and retention capacity, making them ideal for energy storage applications.
Lithium-Ion Battery Binders Top Companies and Competitive Landscape
The global Lithium-Ion Battery Binders Market is fairly fragmented, with many large and medium-sized players accounting for the majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective solutions.
Some major players included in the global Lithium-Ion Battery Binders Market report are:
Solvay
Arkema
LG Electronics
ENEOS Corporation
ZEON CORPORATION
Dow
TOPSOE
DuPont
Asahi Kasei Corporation
KUREHA CORPORATION
Mitsui Chemicals, Inc.
TORAY INDUSTRIES, INC.
Sumitomo Chemical Co., Ltd.
3M
Ashland
JSR Corporation
APV Engineered Coatings
FUJIAN BLUE OCEAN & BLACK STONE TECHNOLOGY CO., LTD.
Bayer AG
BASF SE
Browse Full Report: https://www.emergenresearch.com/industry-report/lithium-ion-battery-binders-market
Lithium-Ion Battery Binders Market Segmentation Analysis
For the purpose of this report, Emergen Research has segmented global Lithium-Ion Battery Binders Market on the basis of Material, Type, Battery Chemistry, End-Use, and Region:
Material Outlook (Revenue, USD Billion; 2019-2032)
Polyvinylidene fluoride
Carboxymethyl cellulose
Polymethyl Methacrylate
Styrene Butadiene Copolymer
Others
Type Outlook (Revenue, USD Billion; 2019-2032)
Anode Binders
Cathode Binders
Battery Chemistry Outlook (Revenue, USD Billion; 2019-2032)
Lithium Iron Phosphate
Lithium Nickel Manganese Cobalt
Lithium Titanate Oxide
Others
End-Use Outlook (Revenue, USD Billion; 2019-2032)
Automotive
Consumer electronics
Industrial
Energy Storage
Others
Request For Customization: https://www.emergenresearch.com/request-for-customization/2899
Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
Lithium-Ion Battery Binders Market Snapshots
Lithium-Ion Battery Binders Market Size: https://www.emergenresearch.com/industry-report/lithium-ion-battery-binders-market/market-size
Lithium-Ion Battery Binders Market Share: https://www.emergenresearch.com/industry-report/lithium-ion-battery-binders-market/market-share
Lithium-Ion Battery Binders Market Trends: https://www.emergenresearch.com/industry-report/lithium-ion-battery-binders-market/market-trends
Lithium-Ion Battery Binders Regional Market Demand: https://www.emergenresearch.com/industry-report/lithium-ion-battery-binders-market/regional-market-demand
Lithium-Ion Battery Binders Market Analysis: https://www.emergenresearch.com/industry-report/lithium-ion-battery-binders-market/market-analysis
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Lithium-Ion Battery Binders Market Share & Size, Growth, Industry Trends | Emergen Research here
News-ID: 3676367 • Views: …
More Releases from Emergen Research
Single Cell Analysis Market Size to Boost USD 15.29 Billion By 2032 | CAGR 17.7% …
The Single cell analysis market size reached USD 3.02 Billion in 2022 and is expected to register a revenue CAGR of 17.7% during the forecast period. The steady market revenue growth of Single Cell Analysis can be attributed to increasing prevalence of cancer, rising investments in stem cell research, rising research and development for complex diseases and high expenditure in disease diagnosis and drug discovery.
The single-cell analysis market is a…
PKU Market: Early Detection and New Therapies Fueling Future Expansion
The global PKU market is poised for significant growth in the coming years, driven by a rise in newborn screening programs, increasing awareness of the condition, and advancements in treatment options.
Market Overview
PKU is a rare genetic disorder affecting the body's ability to process the amino acid phenylalanine. If left untreated, it can lead to intellectual disability, seizures, and other neurological complications. Fortunately, early diagnosis and strict adherence to a special…
Testosterone Replacement Therapy Market Poised for Steady Growth Driven by Aging …
The global testosterone replacement therapy (TRT) market is experiencing significant growth, driven by a confluence of factors. This press release delves into the key trends, drivers, and challenges shaping the market landscape, while offering valuable insights for industry stakeholders.
Market Overview and Trends
The global testosterone replacement therapy market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period. This growth is fueled…
Rotomolding Powder Market Poised for Significant Growth Driven by Rising Demand …
The global rotomolding powder market is anticipated to witness significant growth in the coming years, driven by the increasing demand for durable and lightweight plastic products across various industries. According to a report by Reports and Data, the market is projected to reach USD 37.95 Billion by 2028, reflecting a compound annual growth rate (CAGR) of 8.5%.
Market Overview
Rotomolding powder, also known as polyethylene powder, is a type of plastic resin…
More Releases for Lithium
Lithium Compounds Market To Witness Massive Growth | Competitive Outlook Albemar …
Lithium compounds market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account 20.04 billion by 2027 growing with the CAGR of 20.90% in the above-mentioned forecast period. Huge investments in infrastructure developments is a vital factor driving the growth of lithium compounds market swiftly.
The Lithium Compounds Market research report assesses the ongoing as well as future…
Lithium Compounds Market 2020-2025 Global Analysis & Opportunity Assessment | Li …
The global Lithium Compound market size is projected to reach over USD 9 billion by 2025. Lithium is an alkali metal that is generally present among the soil, human body, animals, and plants. It is a light weight metal with less density when compared to other elements. The lithium compounds, primarily find its application in rechargeable and non-rechargeable batteries. The lithium is primarily used across glass & ceramics, Li-ion batteries,…
Lithium Compounds Market Analysis & Industry Outlook 2019-2025| Livent Corporati …
The global Lithium Compound market size is projected to reach over USD 9 billion by 2025. Lithium is an alkali metal that is generally present among the soil, human body, animals, and plants. It is a light weight metal with less density when compared to other elements. The lithium compounds, primarily find its application in rechargeable and non-rechargeable batteries. The lithium is primarily used across glass & ceramics, Li-ion batteries,…
Lithium Compounds Market Scenario & Industry Outlook 2019-2025| Livent Corporati …
The global lithium compound market size is projected to reach over USD 9 billion by 2025.The report on lithium compound market is aimed to equip report readers with versatile understanding on diverse marketing opportunities that are rampantly available across regional hubs. A thorough assessment and evaluation of these factors are likely to influence incremental growth prospects in the lithium compound market.
Request sample copy of this report at: https://www.adroitmarketresearch.com/contacts/request-sample/1445
Additionally, in this…
Lithium Fluoride Market players Jiangxu Ganfeng Lithium, Harshil Fluoride Brivo …
The developing in the glass, optics and electronic and electrical industries has initiated a high demand for Lithium and related compounds. Lithium and lithium based compounds are one the key substances that have dynamic usage, either as a feedstock or as product. One of the most commercially important compound is Lithium fluoride. Lithium fluoride is an odorless, crystalline lithium salt manufactured by the reaction of lithium hydroxide with hydrogen fluoride.…
Lithium Hydroxide Market | Key Players are FMC Corporation, Sociedad Quimica Min …
Lithium Hydroxide (LiOH) is an inorganic compound that is insoluble in water and partially soluble in ethanol. It is commercially available as a monohydrate (LiOH.H2O) and in anhydrous form, both of which are strong bases. On the basis of purity level, it is also available in battery grade and technical grade. Lithium hydroxide is manufactured by means of a metathesis reaction between calcium hydroxide and lithium carbonate and it finds…
