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Early impacts of COVID-19 on Battery Coating Market - Exclusive Report by MarketsandMarkets™

 



(IT-NEWSWIRE.COM, April 15, 2020 ) The report "Battery Coating Market by Battery Component (Electrode Coating, Separator Coating, Battery Pack Coating), Material Type (PVDF, Ceramic, Alumina, Oxide, Carbon, Others), and Region (Asia Pacific, North America, Europe, Row) - Global Forecast to 2025" The battery coating market is projected to grow from USD 169 million in 2020 to USD 301 million by 2025, at a CAGR of 12.2% from 2020 to 2025. The market growth is driven by the high production of EVs, HEVs, and PHEVs and the growing demand for smart devices and other consumer electronics.

Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=24757097

The separator coating segment accounted for the largest market share in 2019

By battery component, the separator coating segment accounted for the largest share of the battery coating market in 2019. Separator coating lowers the shrinkage of the separators in batteries, thus enhancing the battery life cycle. The rising demand from the lithium-ion battery end-use industry is expected to drive the market for separator coating during the forecast period.

The PVDF segment accounted for the largest market share in 2019

By material type, the PVDF segment accounted for the largest share of the battery coating market in 2019. PVDF (polyvinylidene fluoride) is a good organic coating choice for traditional polyolefin separators due to its special functional group structure. The growth of this segment is in-sync with the growth of the separator coating battery component segment of the battery coating market. Two of the key players in the battery coating market, Arkema SA (France) and Solvay SA (Belgium), are also the leading providers of PVDF for battery coating.

Don't miss out on business opportunities in Battery Coating Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=24757097

Browse in-depth TOC on "Battery Coating Market”
81 - Market Data Tables
37 - Figures
128 - Pages

The Asia Pacific region accounted for the largest market share in 2019

Asia Pacific dominated the battery coating market in 2019. Counties in this region, such as China, Japan, and South Korea, are home to major battery material manufacturers, cell fabricators, and battery manufacturers, which are the consumers of battery coatings. Battery coatings are majorly used in batteries manufactured for electric vehicles (EVs). The high production of EVs is, therefore, a major growth driver for the battery coating market in the Asia Pacific region.

APV Engineered Coatings (US), Arkema SA (France), Solvay SA (Belgium), Mitsubishi Paper Mills Ltd. (Japan), Ube Industries Ltd. (Japan), Tanaka Chemical Corporation (Japan), Asahi Kasei Corporation (Japan), SK innovation Co., Ltd. (South Korea), Unifrax (US), NEI Corporation (US), Targray Technology International Inc. (Canada), Alteo Group (France), Nano One Materials Corp. (Canada), SAMCO Inc. (Japan), Nexeon Limited (UK), ALD NanoSolutions, Inc. (US), Forge Nano Inc. (US), and Beneq Group (Finland) are some of the leading players in the battery coating market.

Get This Report @ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=24757097

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


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Mr. Sanjay Gupta

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