The Battery Coating research report explains the competitive hierarchy of this global Battery Coating market by analyzing key strategies of companies operating in the market and their impact analysis. Here, the competitive landscape is because of market suppliers, numerous sales channels, and revenue share. Moreover, the report offers an overview of the market’s determined vendors and the major market players. It also highlights the market value, growth rate, and key players operating the Battery Coating market.
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The battery coating market is projected to grow from USD 329 million in 2022 to USD 658 million by 2027, at a CAGR of 14.9% from 2022 to 2027. Battery Coating Market by Battery Component (Electrode Coating, Separator Coating, Battery Pack Coating), Material Type (PVDF, Ceramic, Alumina, Oxide, Carbon), and Region (Asia Pacific, North America, Europe, ROW) – Global Forecast to 2027.
The report provides a comprehensive analysis of company profiles listed below:
- Solvay SA (Belgium)
- Arkema SA (France)
- PPG Industries Inc. (US)
- Asahi Kasei Corporation (Japan)
- Mitsubishi Paper Mills Ltd (Japan)
- Ube Industries Ltd. (Japan)
- Tanaka Chemical Corporation (Japan)
- SK Innovation Co. Ltd (South Korea)
- Dürr Group (Germany)
- Ashland Global Holdings Inc (US)
- Axalta Coating Systems Ltd (US)
- APV Engineered Coatings (US)
- Samco Inc (Japan)
- Unifrax (US)
- Targray Technology International Inc (US)
“The electrode coating in component type segment is projected to register the highest CAGR during the forecast period.”
Based on battery component, the electrode coating 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 graphene battery in battery type segment is projected to register the highest CAGR during the forecast period.”
Based on battery type, the graphene battery is projected to register the highest CAGR during the forecast period. A graphene battery is light, durable, and suitable for high-capacity energy storage, as well as shorter charging times. The battery life is negatively linked to the amount of carbon that is coated on the material or added to electrodes to achieve conductivity. However, graphene adds conductivity without the requirement of the amount of carbon which is used in conventional batteries.
“The alumina in material type segment is projected to register the highest CAGR during the forecast period.”
Based on material type, the alumina 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 alumina material type segment to grow.
“The battery coating market in Asia Pacific is projected to witness the highest CAGR during the forecast period.”
Asia Pacific region is projected to register the highest CAGR in the battery coating market from 2022 to 2027. In recent years, the region has emerged as a hub for automobile production. Recent infrastructural developments and industrialization activities in the emerging nations of this region have opened new avenues and opportunities for OEMs.
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Competitive Landscape of Battery Coating Market:
2 Key Player Strategies
3 Revenue Analysis
3.1 Revenue Analysis Of Top Players In Battery Coating Market
4 Market Share Analysis: Battery Coating
5 Competitive Landscape Mapping, 2021
5.2 Emerging Leaders
6 Competitive Benchmarking
6.1 Strength Of Product Portfolio
6.2 Business Strategy Excellence
7 Sme Matrix, 2021
7.1 Progressive Companies
7.2 Dynamic Companies
7.3 Responsive Companies
7.4 Starting Blocks
8 Key Market Developments