배터리 바인더 시장 : 유형별, 배터리 유형별, 재료별, 용도별, 분야별, 지역별 - 세계 예측(-2030년)

Battery Binders Market by Type, Battery Type, Material, Application, Sector, and Geography -Global Forecast to 2031

The research report titled 'Battery Binders Market by Type, Battery Type, Material, Application, Sector, and Geography-Global Forecast to 2031' from Meticulous Research(R) provides an in-depth analysis of the battery binders market in five major geographies and focuses on the current market trends, market sizes, market shares, recent developments, and forecasts to 2031.

The battery binders market is projected to reach $7.0 billion by 2031, at a CAGR of 8.7% from 2024 to 2031.

The growth of this market is driven by the surge in demand for multitasking battery binders and the rising adoption of electric vehicles. However, the growing demand for solid-state lithium-ion batteries may restrain the market's growth.

Technological advancements in battery binders and the development of EV charging infrastructure are expected to offer significant growth opportunities for the stakeholders in the battery binders market. However, underdeveloped infrastructure for electric vehicles is expected to pose challenges to the growth of the battery binders market.

The global battery binders market is segmented by type (anode binder, cathode binder), battery type (lithium-ion batteries, nickel-cadmium [Ni-Cd] batteries, nickel-metal hydride [Ni-MH] batteries, sodium-sulfur [Na-S] batteries, redox flow batteries [RFB], other battery types {lead-acid [PbA] batteries, and flow batteries}), material (polyvinylidene fluoride (PVDF), carboxymethyl cellulose (CMC), polymethyl methacrylate (PMMA), styrene-butadiene copolymer (SBR), other materials [materials for functional layer, and sealant for battery applications], application (electric vehicles, consumer electronics, energy storage systems, industrial devices. other applications [medical devices, & marine devices]), sector (automotive, electronics, energy & utilities, consumer goods, aerospace, marine, medical, other sectors [telecommunications and data centers]). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on type, the global battery binders market is segmented into anode binder and cathode binder. In 2024, the anode binder segment is expected to account for the larger share of the global battery binders market. The large market share of this segment is attributed to the growing demand for anode binders for better battery performance and the presence of industry-leading anode binder manufacturers. Moreover, this segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the growing demand for anode binders for lithium-ion batteries due to its significant demand in consumer electronics, electric vehicles, and energy storage systems applications.

Based on battery type, the global battery binders market is segmented into lithium-ion batteries, nickel-cadmium (Ni-Cd) batteries, nickel-metal hydride (Ni-MH) batteries, sodium-sulfur (Na-S) Batteries, redox flow batteries (RFB), and other battery types. In 2024, the lithium-ion batteries segment is expected to account for the largest share of the global battery binders market. The large market share of this segment is attributed to the increasing need for battery binders to hold the active material particles together in lithium-ion batteries and the rising demand for binders for battery cell construction and delivering a range of benefits, from safety enhancements and energy density to capacity. Moreover, the lithium-ion batteries segment is projected to register the highest CAGR during the forecast period.

Based on material, the global battery binders market is segmented into polyvinylidene fluoride, carboxymethyl cellulose, polymethyl methacrylate, styrene-butadiene copolymer, and other materials. In 2024, the polyvinylidene fluoride segment is expected to account for the largest share of the global battery binders market. The large market share of this segment is attributed to the growing demand for PVDF for lithium-ion battery applications, efforts by companies to develop high-performance PVDF resins and flexible copolymers, and the rising demand for electrodes for use in lithium-ion and lithium-metal polymer batteries and as a separator coating. PVDF plays an important role in powering batteries, particularly lithium-ion batteries, due to its high thermal and electrochemical stability and excellent adhesion between electrode films and collectors.

However, the styrene-butadiene copolymer segment is projected to register the highest CAGR during the forecast period. This segment's growth is driven by the increasing demand for water-based binders used in preparing anode electrodes for lithium-ion batteries, as well as the rising demand for styrene-butadiene copolymers due to their excellent adhesion and effective aging-retardant properties. Additionally, these copolymers offer high flexibility, strong binding force, and superior heat resistance, resulting in their increased adoption.

Based on application, the global battery binders market is segmented into electric vehicles, consumer electronics, energy storage systems, industrial devices, and other applications. In 2024, the energy storage systems segment is expected to account for the largest share of the global battery binders market. This segment's large market share can be attributed to the increasing demand for renewable energy generation, the rising need for lithium-ion batteries for electricity storage, and the growing application of lithium-ion batteries in grid-level energy storage systems.

However, the electric vehicles segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the rising consumer preference for shared mobility, declining costs of high-capacity batteries, and significant investments by EV manufacturers in developing battery binders. Furthermore, supportive government policies and investments aimed at deploying public charging infrastructure, coupled with the benefits offered by electric vehicles, are expected to drive the demand for battery binders for EV batteries.

Based on sector, the global battery binders market is segmented into automotive, electronics, energy & utilities, consumer goods, aerospace, marine, medical, and other sectors. In 2024, the energy & utilities segment is expected to account for the largest share of the global battery binders market. The large market share of this segment is attributed to the growing need to build grid-level energy storage systems for power generation, the increasing popularity of portable energy storage solutions, and the growing need to implement energy storage systems with high energy density.

However, the automotive segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the growing deployments of lithium-ion batteries for electric vehicles, the increasing need for secure battery systems for EV charging, and the rising government initiatives to launch battery binders to support automotive battery production.

Based on geography, the global battery binders market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of the global battery binders market. Asia-Pacific's major market share is attributed to the growing demand for battery binders from the well-established lithium-ion batteries market across China, Japan, India, South Korea, and Australia and the growing need to develop energy storage systems across the region. Furthermore, the rising need for power generation and increasing adoption of electric vehicles, especially in China, Japan, and India, is driving the demand for battery binders.

In recent years, market players have increased investments in the production of water-based anode binders across the Asia-Pacific region, supporting the growth of this market. For instance, in May 2023, BASF (Germany) announced an investment in water-based anode binders to support the lithium-ion battery industry. The new binders will be produced at two existing dispersion plants in Jiangsu and Guangdong, China. In addition to their existing product portfolios, the two plants will produce two innovative anode binders, Licity and Basonal Power, based on modified styrene-butadiene rubber (SBR). The new range of products is expected to come on stream from mid-2023. Such initiatives by major market players are expected to support the growth of this regional market.

However, the market in North America is projected to register the highest CAGR during the forecast period. The presence of well-established battery binders across the U.S., an increase in sales of electric vehicles, and growing investments aimed at promoting the installation of batteries in the renewable energy sector drive the growth of this regional market. Furthermore, companies are increasing their efforts to develop PVDF production facilities for battery materials in the region. For instance, in November 2022, Solvay SA (Belgium) and Orbia (Mexico) announced a joint venture framework agreement to create a partnership for the production of suspension-grade polyvinylidene fluoride (PVDF). Such initiatives from major market players are expected to support the growth of this regional market.

The key players operating in the global battery binders market are Arkema (France), ENEOS Holdings, Inc. (Japan), Zeon Corporation (Japan), BASF Group (Germany), UBE Corporation (Japan), Asahi Kasei Corporation (Japan), Kureha Corporation (Japan), Mitsui Chemicals, Inc. (Japan), Solvay SA (Belgium), Sumitomo Chemical Co., Ltd. (Japan), Toray Industries, Inc. (Japan), Synthomer plc (U.K.), Trinseo PLC (U.S.), Targray Technology International Inc. (Canada), and Sicona Battery Technologies (Australia).

Key Questions Answered in the Report:

• Which are the high-growth market segments in terms of type, battery type, material, application, and sector?
• What is the historical market size for battery binders?
• What are the market forecasts and estimates for 2024-2031?
• What are the major drivers, restraints, opportunities, challenges, and trends in the battery binders market?
• Who are the major players in the battery binders market, and what are their market shares?
• What is the competitive landscape like?
• What are the recent developments in the battery binders market?
• What are the growth strategies adopted by major market players?
• What are the key market trends, and which are the high-growth countries?
• Who are the emerging players in the battery binders market, and how do they compete with the other players?

Scope of the Report:

Battery Binders Market Assessment-by Type

• Anode Binder
• Cathode Binder

Battery Binders Market Assessment-by Battery Type

• Lithium-ion Batteries
• Nickel-cadmium (Ni-Cd) Batteries
• Nickel-metal Hydride (Ni-MH) Batteries
• Sodium-sulfur (Na-S) Batteries
• Redox Flow Batteries (RFB)
• Other Battery Types (Lead-acid (PbA) batteries and Flow batteries)

Battery Binders Market Assessment-by Material

• Polyvinylidene Fluoride (PVDF)
• Carboxymethyl Cellulose (CMC)
• Polymethyl Methacrylate (PMMA)
• Styrene Butadiene Copolymer (SBR)
• Other Materials (Materials for Functional Layer and Sealants for Battery Applications)

Battery Binders Market Assessment-by Application

• Electric Vehicles
• Consumer Electronics
• Energy Storage Systems
• Industrial Devices
• Other Applications (Medical Devices & Marine Devices)

Battery Binders Market Assessment-by Sector

• Automotive
• Electronics
• Energy & Utilities
• Consumer Goods
• Aerospace
• Marine
• Medical
• Other Sectors (Telecommunications and Data Centers)

Battery Binders Market Assessment-by Geography

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Rest of Asia-Pacific
• Latin America
  • Mexico
  • Brazil
  • Rest of Latin America
• Middle East & Africa
  • UAE
  • Israel
  • Rest of Middle East & Africa

TABLE OF CONTENTS

1. Market Definition & Scope

• 1.1 Market Definition
• 1.2 Scope of Study
• 1.3 Global Battery Binders Market Ecosystem
• 1.4 Currency & Limitation
  • 1.4.1 Currency
  • 1.4.2 Limitations
• 1.5 Key Stakeholders

2. Research Methodology

• 2.1 Research Approach
• 2.2 Process of Data Collection & Validation
  • 2.2.1 Secondary Research
  • 2.2.2 Primary Research/Interviews with Key Opinion Leaders of the Industry
• 2.3 Market Sizing and Forecast
  • 2.3.1 Market Size Estimation Approach
  • 2.3.2 Growth Forecast Approach
• 2.4 Assumptions for the Study

3. Executive Summary

• 3.1 Market Analysis, by Type
• 3.2 Market Analysis, by Battery Type
• 3.3 Market Analysis, by Material
• 3.4 Market Analysis, by Application
• 3.5 Market Analysis, by Sector
• 3.6 Market Analysis, by Geography
• 3.7 Competitive Analysis

4. Market Insights

• 4.1 Introduction
• 4.2 Factors Affecting Market Growth
  • 4.2.1 Drivers
    • 4.2.1.1 Surge in Demand for Multitasking Battery Binders
    • 4.2.1.2 Rising Adoption of Electric Vehicles
  • 4.2.2 Restraints
    • 4.2.2.1 Growing Demand for Solid-state Lithium-ion Batteries
  • 4.2.3 Opportunities
    • 4.2.3.1 Technological Advancements in Battery Binders
    • 4.2.3.2 Developing Infrastructure to Charge Electric Vehicles
  • 4.2.4 Challenges
    • 4.2.4.1 Underdeveloped Infrastructure for Electric Vehicles
• 4.3 Porter's Five Forces Analysis

5. Battery Binders Market Assessment-by Type

• 5.1 Overview
• 5.2 Anode Binder
• 5.3 Cathode Binder

6. Battery Binders Market Assessment-by Battery Type

• 6.1 Overview
• 6.2 Lithium-ion Batteries
• 6.3 Nickel-cadmium (Ni-Cd) Batteries
• 6.4 Nickel-metal Hydride (Ni-MH) Batteries
• 6.5 Sodium-sulfur (Na-S) Batteries
• 6.6 Redox Flow Batteries (RFB)
• 6.7 Other Battery Types (Lead-Acid (PbA) Batteries and Flow batteries)

7. Battery Binders Market Assessment-by Material

• 7.1 Overview
• 7.2 Polyvinylidene Fluoride (PVDF)
• 7.3 Carboxymethyl Cellulose (CMC)
• 7.4 Polymethyl Methacrylate (PMMA)
• 7.5 Styrene-butadiene Copolymer (SBR)
• 7.6 Other Materials (Materials for Functional Layer and Sealant for Battery Applications)

8. Battery Binders Market Assessment-by Application

• 8.1 Overview
• 8.2 Electric Vehicles
• 8.3 Consumer Electronics
• 8.4 Energy Storage Systems
• 8.5 Industrial Devices
• 8.6 Other Applications (Medical Devices & Marine Devices)

9. Battery Binders Market Assessment-by Sector

• 9.1 Overview
• 9.2 Automotive
• 9.3 Electronics
• 9.4 Energy & Utilities
• 9.5 Consumer Goods
• 9.6 Aerospace
• 9.7 Marine
• 9.8 Medical
• 9.9 Other Sectors (Telecommunications and Data Centers)

10. Battery Binders Market Assessment-by Geography

• 10.1 Overview
• 10.2 North America
  • 10.2.1 U.S.
  • 10.2.2 Canada
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 U.K.
  • 10.3.3 France
  • 10.3.4 Italy
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia-Pacific
  • 10.4.1 China
  • 10.4.2 Japan
  • 10.4.3 India
  • 10.4.4 South Korea
  • 10.4.5 Singapore
  • 10.4.6 Rest of Asia-Pacific
• 10.5 Latin America
  • 10.5.1 Mexico
  • 10.5.2 Brazil
  • 10.5.3 Rest of Latin America
• 10.6 Middle East & Africa
  • 10.6.1 UAE
  • 10.6.2 Israel
  • 10.6.3 Rest of Middle East & Africa

11. Competitive Analysis

• 11.1 Overview
• 11.2 Key Growth Strategies
• 11.3 Competitive Dashboard
  • 11.3.1 Industry Leader
  • 11.3.2 Market Differentiators
  • 11.3.3 Vanguards
  • 11.3.4 Contemporary Stalwarts
• 11.4 Vendor Market Positioning
• 11.5 Market Share Analysis

12. Company Profiles (Company Overview, Financial Overview, Product Portfolio, Recent Developments, and SWOT Analysis of the Top 5 Companies)

• 12.1 Arkema
• 12.2 ENEOS Holdings, Inc.
• 12.3 Zeon Corporation
• 12.4 BASF Group
• 12.5 UBE Corporation
• 12.6 Asahi Kasei Corporation
• 12.7 Kureha Corporation
• 12.8 Mitsui Chemicals, Inc.
• 12.9 Solvay SA
• 12.10 Sumitomo Chemical Co., Ltd.
• 12.11 Toray Industries, Inc.
• 12.12 Synthomer plc
• 12.13 Trinseo PLC
• 12.14 Targray Technology International Inc.
• 12.15 Sicona Battery Technologies

13. Appendix

• 13.1 Questionnaire
• 13.2 Available Customization