North America Battery Separator Market Size to Cross USD 3.1 Billion by 2027

By 2027, North America battery separator market size might transcend $3.1 billion. The high chemical stability, greater thickness & strength, precise porosity, and superior thermal stability and shutdown of high- performance battery separators have been catering to the need of multiple industry applications. The production of electric vehicles (EVs) and hybrid electric vehicles (HEVs) is surging continuously, thanks to the customer focus on sustainable transport solutions, alongside the government mandates that seek to minimize carbon footprint.

While the COVID-19 pandemic has had an adverse impact on the automotive industry, the end of the pandemic is likely to usher in significant growth. Automakers in North America are foraying into online retail to cope with the COVID-19 restrictions and this will generate a growing need for battery separators.
 
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From the automotive applications, North America battery separator market share is growing at a steady pace, with a CAGR of 16.3% expected between 2021 and 2027. Although the showrooms remain closed, several automakers and dealers have been adopting marketing strategies to enhance online sales of EVs and HEVs.
 
The growing concerns regarding the risk of COVID-19 contagion associated with Lyft and Uber ride sharing and mass transit have been driving customers toward car ownership. The greater preference for safety while commuting in one’s own vehicle is thus instrumental in generating higher demand across North America battery separator market forecast.

 
Battery separators are required in battery-operated smart devices such as battery-powered wireless lighting. Everyday homes are likely to become smarter within the next decade, thanks to the adoption of Internet of Things (IoT). The next-generation portable IoT devices require highly reliable separators, owing to which North America battery separator market outlook has been advancing fast.
 
As such, IoT devices generally leverage a lithium-ion battery separator that also doubles as a fuse. The lithium-ion battery segment in North America battery separator industry outlook was estimated at $482.7 million during 2020. Being an ideal power storage system, the widespread deployment of these batteries across automotive and consumer electronics verticals has been pushing segmental growth at a promising 16.2% CAGR through the forecast timeframe.
 
In terms of material, North America battery separator industry share is projected to gain substantially from the polyethylene battery separators. Polyethylene exhibits superior chemical and mechanical properties. The segment accounted for more than 39% share of the total industry during 2020.
 
When overheated, the pores of polyethylene-based battery separators shut down the battery in the event of a short-circuit, preventing damages. For example, when the temperature exceeds 130 degrees Celsius, the battery separator ceases functioning, halting the transportation of ions.
 
 
UBE Industries Ltd., Asahi Kesai, Freudenberg, Celgard, LLC, Entek International, Sumitomo Corporation, and Toray Industries are some leading battery separator manufacturers and suppliers in North America.
 
Table of Contents (ToC) of the report:

Chapter 1   Methodology & Scope
1.1    Research Methodology
1.2    Market estimation & forecast parameters
1.3    List of Data sources
1.3.1    Primary
1.3.2    Secondary

Chapter 2   Executive Summary
2.1    North America Battery Separator market snapshot

Chapter 3   North America Battery Separator Industry Insights
3.1    Industry coverage
3.2    Industry size and forecast, 2016 – 2026
3.3    Industry ecosystem analysis
3.3.1    Vendor matrix
3.4    Future trends
3.4.1    Innovation Landscape
3.5    Raw material analysis
3.6    Regulatory norms & directives
3.7    Drivers & restraints
3.7.1    Drivers
3.7.2    Restraints
3.8    Application growth mapping
3.9    Industry analysis: Porter’s
3.10    Competitive benchmarking
3.10.1    Strategy dashboard
3.11    PEST analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.graphicalresearch.com/table-of-content/1749/north-america-battery-separator-market
 
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Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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