Westford, USA, Aug. 28, 2023 (GLOBE NEWSWIRE) -- The global Battery Separators market size is expected to reach USD 16.2 billion by 2030 and exhibit a CAGR of 16.4% in the forecast period (2023−2030), according to Skyquest's latest research report. The growing demand for electric vehicles (evs) and hybrid electric vehicles (hevs), increasing adoption of portable electronic devices, rising energy storage needs for renewable sources, advancements in battery technology, expanding consumer electronics industry, government incentives and regulations promoting clean energy solutions, surging demand for high-performance and long-lasting batteries, expanding use of lithium-ion batteries in various applications, continuous research and development efforts in battery materials, and growing focus on improving battery efficiency and safety is fueling the market's growth.
According to SkyQuest's latest global research of the Battery Separators market, increasing demand for thin and lightweight separators, adoption of advanced materials for enhanced thermal stability, rising focus on separator porosity and ion transport properties, development of separators for high-energy-density batteries, integration of separators with safety features, utilization of eco-friendly and sustainable separator materials, exploration of solid-state battery separator technologies, growth of the electric vehicle market driving separator innovation, rising emphasis on recycling and circular economy practices in separator manufacturing, and ongoing research for improved separator designs to support evolving battery chemistries are the trends that aid in the market's growth.
Browse in-depth TOC on "Battery Separators Market"
- Pages - 165
- Tables - 91
- Figures -76
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A battery spectator is a device that is used to monitor the performance of a battery. It can measure a variety of parameters, such as voltage, current, temperature, and state of charge. This information can be used to troubleshoot problems with the battery, optimize its performance, and extend its lifespan.
Prominent Players in Battery Separators Market
- Cadex Electronics
- Eagle Eye Systems
- Fluke Corporation
- Hioki EE Corporation
- Itech Electronics
- Keithley Instruments
- Megger
- Phoenix Contact
- Rohde & Schwarz
- Scientech Instruments
- Sonel
- Testo
- TTI Instruments
- Voltcraft
- Wenzhou Taiyo Electric Co., Ltd.
- Yokogawa Electric Corporation
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Report Scope & Segmentation:
| Attributes | Details |
| Forecast Period | 2023-2030 |
| Market Size in 2022 | 5.3 Billion |
| 2030 Value Projection | 16.2 Billion |
| CAGR | 16.4% |
| Segments Covered |
|
| Regions Covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Polyethylene (PE) and Polypropylene (PP) Demand to Grow Substantially in the Forecast Period
Polyethylene (PE) and Polypropylene (PP) dominated the global online market as they have favourable properties such as good mechanical strength, chemical resistance, and thermal stability. They are well-suited for a variety of battery chemistries and applications.
Electric Vehicles (EVs) are the Leading Application Segment
In terms of application, Electric Vehicles (EVs) are the leading segment as the global shift towards sustainable transportation has led to a significant increase in the adoption of electric vehicles (EVs). As EV production and sales continue to rise, the demand for high-performance batteries and quality separators is also growing.
Asia Pacific is the leading Market Due to Technological Advancements.
Region-wise, Asia Pacific is one of the largest growing markets with a huge emphasis on technological advancements. The region is a global hub for consumer electronics manufacturing and has witnessed remarkable growth in electric vehicle production. Both these industries drive the demand for battery separators.
A recent report thoroughly analyzes the major players operating within the Battery Separators market. This comprehensive evaluation has considered several crucial factors, such as collaborations, mergers, innovative business policies, and strategies, providing invaluable insights into the key trends and breakthroughs in the market. Additionally, the report has carefully scrutinized the market share of the top segments and presented a detailed geographic analysis. Finally, the report has highlighted the major players in the industry and their ongoing endeavours to develop innovative solutions that cater to the ever-increasing demand for Battery Separators.
Key Developments in Battery Separators Market
- Entek Manufacturing, acquired Adaptive Engineering & Fabrication, a manufacturer of material handling equipment. Adaptive will be in charge of developing, installing, and selling material handling equipment, with support from Entek's project management and engineering teams.
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Key Questions Answered in Battery Separators Market Report
- What specific growth drivers will impact the market during the forecast period?
- Can you list the top companies in the market and explain how they have achieved their positions of influence?
- In what ways do regional trends and patterns differ within the global market, and how might these differences shape the market's future growth?
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