Dublin, March 26, 2020 (GLOBE NEWSWIRE) -- The "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" report has been added to ResearchAndMarkets.com's offering.
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 high production of EVs, HEVs, and PHEVs and the growing demand for smart devices and other consumer electronics are expected to drive the battery coating market. High coating technology costs, however, act as a restraint for the growth of this market.
The electrode coating segment is projected to register the highest CAGR during the forecast period.
Based on the battery component, the electrode coating segment of the market is projected to register the highest CAGR during the forecast period. This projected growth is attributed to the increase in demand for electrode coating in lithium-ion batteries for high performance and safety of the batteries. There is an increase in demand for more sustainable batteries, especially in EVs, smart devices, and energy storage systems. This demand will, in return, drive the growth of the electrode coating segment of the battery coating market.
The oxide segment is projected to register the highest CAGR during the forecast period.
Based on material type, the oxides segment of the market is projected to grow at the highest rate during the forecast period. Continuous innovation and technological advances in battery materials will lead to the rapid adoption of electrode and separator coatings in the battery material industry. This rapid adoption, in turn, provides an opportunity for the oxide material type segment to grow. Oxides are used to coat the electrode materials of lithium-ion batteries to enhance the performance, life cycle, and safety of the batteries.
The battery coating market in Europe is projected to witness the highest CAGR during the forecast period.
Europe is projected to register the highest CAGR in the battery coating market from 2020 to 2025. The market is expected to witness growth in Europe in the coming years, owing to economic growth and increasing presence of battery material manufacturers, cell fabricators, and battery manufacturers in the region, especially in France, Germany, and Belgium. For instance, leading market players, such as Arkema SA (France) and Solvay SA (Belgium), are based in the region.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Battery Coating Market
4.2 Battery Coating Market, By Region
4.3 Asia Pacific Battery Coating Market, By Material Type & Country
4.4 Battery Coating Market, By Major Countries
5 Market Overview
5.1 Market Dynamics
184.108.40.206 High Production of EVS, HEVS, and PHEVS
220.127.116.11 Growing Demand for Smart Devices and Other Consumer Electronics
18.104.22.168 High Technology Cost
22.214.171.124 Innovation and Technological Advances in Battery Materials
126.96.36.199 Use of Batteries in Energy Storage Devices
188.8.131.52 Technical Trend for Solid Electrolytes
5.2 Porter's Five Forces Analysis
5.2.1 Threat of New Entrants
5.2.2 Threat of Substitutes
5.2.3 Bargaining Power of Buyers
5.2.4 Bargaining Power of Suppliers
5.2.5 Intensity of Competitive Rivalry
5.3 Economic Indicators
5.3.1 Industry Outlook
5.3.2 Electric Vehicles
6 Battery Coating Market, By Technology Type
6.2 Atomic Layer Deposition (ALD)
6.3 Plasma Enhanced Chemical Vapor Deposition (PECVD)
6.4 Chemical Vapor Deposition (CVD)
7 Battery Coating Market, By Battery Component
7.2 Electrode Coating
7.3 Separator Coating
7.4 Battery Pack Coating
8 Battery Coating Market, By Material Type
8.2 PVDF (Polyvinylidene Fluoride)
9 Regional Analysis
9.2 Asia Pacific
9.2.2 South Korea
9.2.5 Rest of Asia Pacific
9.3.4 Rest of Europe
9.4 North America
9.4.2 Rest of North America
9.5 Rest of the World (RoW)
10 Competitive Landscape
10.2 Competitive Landscape Mapping
10.2.1 Visionary Leaders
10.2.3 Dynamic Differentiators
10.2.4 Emerging Companies
10.3 Competitive Benchmarking
10.3.1 Strength of Product Portfolio
10.3.2 Business Strategy Excellence
10.5 Competitive Situations & Trends
10.5.2 Product Developments
10.5.6 Joint Ventures
10.6 Market Share Analysis
11 Company Profiles
11.1 APV Engineered Coatings
11.2 Arkema SA
11.3 Solvay SA
11.4 Mitsubishi Paper Mills Ltd.
11.5 UBE Industries Ltd.
11.6 Tanaka Chemical Corporation
11.7 Asahi Kasei Corporation
11.8 SK Innovation Co., Ltd.
11.10 Targray Technology International Inc.
11.11 Nei Corporation
11.12 Alteo Group
11.13 Nexeon Limited
11.14 Nano One Materials Corp.
11.15 Samco Inc.
11.16 Beneq Group
11.17 Forge Nano Inc.
11.18 ALD Nanosolutions, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/a94ddb
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900