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Battery Separators Market is Expected to Garner $19.8 Billion by 2027, Says Global Market Insights Inc.


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SELBYVILLE, Del., March 4, 2021 /PRNewswire/ Based on Global Market Insights Inc. s report, the Battery Separators Market size was estimated at $6.6 billion in 2020 and is slated to surpass
$19.8 billion by 2027, registering a
CAGR of 16.1% from 2021 to 2027. The report provides a comprehensive analysis of the top winning strategies, wavering industry trends, drivers & opportunities, top investment avenues, competitive scenarios, market estimations & size.
Global Market Insights Inc.
Battery separators are extensively used in the consumer electrical and automotive industry. Lithium ion batteries are widely used in the automotive and consumer electronics industry owing to their excellent mechanical properties. Moreover, the decline in lithium battery manufacturing cost in the recent times is anticipated to further propel the demand for polyolefin separators in the coming years. ....

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Worldwide Battery Separators Industry to 2026 - Major Players Include Toray Industry, Asahi Kasei & SK Innovation Among Others


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ResearchAndMarkets.com s offering.
The Global Battery Separators Market is expected to grow at a CAGR of around 13% in terms of value during the forecast period. The Global Battery Separators Market is driven by surging production of consumer electronic gadgets. Moreover, growing awareness and implementation of strict regulations pertaining to the environmental safety is positively impacting the growth of market during the forecast period.
The Global Battery Separators Market is segmented based on type, material, end-use industry, company, and region. Based on type, the market can be categorized into lithium-ion battery separator and lead-acid battery separator. Out of which, the lithium-ion battery separator segment dominated the market in 2020 and the segment is expected to maintain its dominance during the forecast period as well, which can be attributed to its utilization in electric hybrid vehicles. ....

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