North America Battery Separator Market size surpassed USD 1,120 million in 2020 and is estimated to witness over 16% CAGR between 2021 and 2027. The robust growth of the consumer electronics industry and accelerating demand from the automotive sector will propel the market revenue.
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Battery separators are polymeric membranes placed between the cathode and anode of the battery to prevent short circuits. Additionally, the membrane is moisturized with an electrolyte that behaves as a catalyst to move ions. Battery separators can be manufactured from a range of materials, including polymer, rubber, wood, cellulose, and cork, among others. However, separators made of polyolefins are highly desirable for several industrial verticals, especially in the consumer electronics sector owing to superior mechanical properties and low cost.
The escalating demand for the product from automotive and consumer industries will significantly contribute to the market expansion. One of the key factors bolstering the demand for battery separators is the higher rate of adoption of electric vehicles. The increasing production of EVs is substantially boosting the usage of battery separators. Also, the rising penetration of microgrids and wet separators in the automobile sector is likely to drive the growth of the market.
Furthermore, the growing need for the energy storage system and constant developments in the electronics segment will fuel the market demand. However, stringent regulations associated with the use of polymeric materials may present challenges to the industry participants. On the other hand, the ongoing pandemic caused by the outbreak of COVID-19 disease is hampering the industry growth. A decline in the production of automobiles and alleviated consumer buying power led to the downfall of the automotive industry, which, in turn, negatively impacted the battery separatorindustry. Nevertheless, the augment of coronavirus vaccines and several government initiatives to lift off the plummeted economy is anticipated to create a new set of opportunities for the product demand.
North American Market, By Material
The polyethylene separators segment held over 40% market share in 2020 and is predicted to register a growth of over 16.2% till 2027. These separators exhibit excellent chemical stability and mechanical properties allowing them to shut down the circuit if the core temperature rises above 130oC. These traits make polyethylene separators an ideal product for several industrial sectors including consumer electronics. Moreover, Polypropylene is also a key product of this market segment and is projected to account for more than 28% of the industry share in terms of value through 2027. It is one of the highly preferred polyolefin-based battery separators in both the automotive and consumer electronics industry.
North American Market, By Battery
The lithium-ion battery segment generated 482.7 million market revenue in 2020 and is expected to expand at a CAGR of 16.2% from 2021 to 2027. Lithium-ion batteries prove to be a highly efficient power storage system and thus find wide applications in vehicles and numerous consumer electronics products. North America is one of the early adopters of electric vehicles and is home to some of the major manufacturers in this segment. Therefore, the increasing production of electric and hybrid vehicles is anticipated to substantially drive product consumption and aid the market size expansion. Additionally, the other battery segment, including nickel-metal hydride, nickel-cadmium battery, and others shall account for around 25% share by 2027.
North American Market, By End-user
Among the end-use sectors, the automotive segment dominated 50% North America battery separator market share in 2020 and is set to observe around 16.3% growth rate during the forecast period. The segment growth is underpinned by factors, such as robust demand for lithium-ion batteries from the automotive industry in conjunction with the shifting preference of consumers towards electric vehicles owing primarily due to the rising concern over greenhouse gas emissions.
Moreover, technological advancements have led to the development of lighter lithium-ion batteries in recent years. The growing need for vehicle weight reduction in order to improve fuel efficiency and to mitigate carbon emission makes the technologically advanced li-ion batteries a desirable choice for vehicle manufacturers.
Competitive Industry Landscape
Some of the key manufacturers of battery separators operating in the North American region include Asahi Kesai, Celgard, LLC, Toray Industries, Inc., UBE Industries Ltd., Sumitomo Corporation. Freudenberg, Entek International, Bernard Dumas, and others.