Published Date: 2021-04-07
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North American Battery Separator Market size is anticipated to reach USD 3.1 billion by 2027, according to a latest forecast report by Graphical Research. The surging production of electric vehicles and the rising adoption of battery-operated smart electronic devices will propel the market demand.
Battery separators play a crucial role in the battery’s electronic circuit by exhibiting superior characteristics, such as strength, chemical permeability, resistance, and safeguard against short circuits. These separators are extensively used in several kinds of EVs, including battery-operated electric vehicles, plug-in vehicles, and hybrids, among others.
Initiatives taken by several governments to alleviate the usage of fossil fuels are encouraging consumers to adopt electric vehicles. This, in turn, is resulting in the increasing production of EVs in recent years. According to a report published by Edison Electric Institute and the Institute for Electric Innovation (IEI), over 1 million vehicles were running on the roads of the United States, which is supposed to reach up to 18 million by 2030. The rapid surge in the sales of electric vehicles is certain to create a positive outlook for the market growth.
On the other hand, the outbreak of COVID-19 disease has severely disrupted the battery separator market growth. The United States, which logged the highest number of patients and deaths, experienced a significant drop in the market revenue. The government imposed lockdowns and interrupted market supply chain are among the key factors which resulted in the downfall of the market.
Browse detailed statistical insights from the report, “North America Battery Separator Market Size By Battery (Lead Acid, Lithium-ion), By Material (Ceramic, Polypropylene, Polyethylene, Nylon), By End-user (Consumer Electronics, Automotive, Power Storage, Industrial), Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2021 – 2027” along with the table of contents (ToC) @
https://www.graphicalresearch.com/industry-insights/1749/north-america-battery-separator-market
The lithium-ion segment dominated over 40% of the market share in 2020. In recent times, batteries made out of lithium-ion are the most efficient and find heavy usage in electric vehicles and portable electronic devices. Additionally, these batteries are gaining popularity for aerospace and military applications.
The polyethylene (PE) segment held over 39% industry share in 2020 in terms of volume. The growing demand for the product is owing to the excellent mechanical and chemical properties of the material. In a situation like rising temperature, the pores of polyethylene-based separators melt down and shut down the battery to prevent damages sustained through a short circuit. For instance, when the temperature starts reaching 130 degrees Celsius, the separator stops functioning and the transportation of ions ceases.
Based on end-user, the automotive segment is estimated to exhibit a CAGR of over 16.3% from 2021 to 2027. The demand for battery separators is underpinned by the rising production of several types of electric vehicles. North America has witnessed substantial growth in the adoption of EVs in recent years and is projected to showcase a tremendous growth in the number of on-road electric vehicles in coming years.
Some of the key players operating in the market include Asahi Kesai, Celgard, LLC, Toray Industries, Inc., UBE Industries Ltd., Sumitomo Corporation. Freudenberg, Entek International, Bernard Dumas, and others.
The North American battery separator market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2016 to 2027 for the following segments:
North America Market, By Battery
North America Market, By Material
North America Market, By End-user
The above information has been provided for the following countries:
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