Product Code: PM2483
The global battery coating market size is expected to reach USD 995.5 million by 2030, according to a new study by Polaris Market Research. The report "Battery Coating Market Share, Size, Trends, Industry Analysis Report, By Component; By Material; By Battery Type (Lithium-Ion, Lead-acid, Graphene, Nickle-Cadmium); By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The electrode segment is projected to be the fastest-growing segment registering the highest growth during the forecast period. The growth is credited to the increase in demand for electrodes in lithium-ion batteries to enhance the performance and safety of the batteries.
Asia-Pacific is estimated to be the fastest-growing region for the market. The region's significant growth rate is due to substantial economic expansion and thriving electronics and electric vehicle sectors in Asia Pacific countries, such as China, Japan, and South Korea.
Leading players in the market are Arkema SA, APV Engineered Coatings, Axalta Coating Systems Ltd, Durr Group, Asahi Kasei Corporation, Nano One Materials Corp, Nexeon Limited, UBE Industries Limited, PPG Industries, SK Innovation Co., Ltd., Tanaka Chemical Corporation, Solvay SA, Targray Technology International Inc, Mitsubishi Paper Mills Ltd, and Unifrax.
The high adoption of electric vehicles, hybrid electric vehicles, and plug-in hybrid electric vehicles is driving the demand for electronics and smart devices, thus boosting the growth of the industry. The increased demand for high-capacity batteries is expected to spur technological improvements in materials.
Battery Coating Market Report Highlights
The graphene segment is expected to grow considerably in the industry over the forecast period. The growth is driven by the increase in demand for various end-use industries like consumer electronics, automotive, industrial, and power. Graphene is suitable for high-capacity energy storage while offering high conductivity with less carbon than conventional batteries.
The PVDF by material type is predicted to be the fastest-growing segment of the market. PVDF plays a significant role in powering batteries, mainly lithium-ion batteries used in electric vehicles. This increase in PVDF use in coatings is driving the industry.
The Asia Pacific region is expected to register the highest revenue in the industry. An increase in the demand for new energy storage applications in vehicles and grid-connected energy storage facilities and increased need for consumer gadgets are factors expected to contribute to the rise in demand for sustainable batteries, thus driving the growth of the industry. The presence of major lithium-ion users such as Samsung, Panasonic, and Sony in the region is driving the demand for the industry.
Polaris Market Research has segmented the battery coating market report based on component, material type, battery type, and region:
Battery Coatings, Component Outlook (Revenue - USD Million, 2018 - 2030)
Electrode
Battery Pack
Separator
Battery Coatings, Material Type Outlook (Revenue - USD Million, 2018 - 2030)
Carbon
Alumina
PVDF (Polyvinylidene Fluoride)
Ceramic
Oxide
Others
Battery Coatings, Battery Type Outlook (Revenue - USD Million, 2018 - 2030)
Lithium-Ion
Lead-acid
Graphene
Nickle-Cadmium
Battery Coatings, Regional Outlook (Revenue - USD Million, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Battery Coating Market Insights
- 4.1. Battery Coating - Industry Snapshot
- 4.2. Battery Coating Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growing demand for smart devices
- 4.2.1.2. Rising demand for EVs and HEVs
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High cost of technology
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Battery Coating Market Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Battery Coating Market, by Component
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 5.3. Electrode
- 5.3.1. Global Battery Coating Market, by Electrode, by Region, 2018 - 2030 (USD Million)
- 5.4. Battery Pack
- 5.4.1. Global Battery Coating Market, by Battery Pack, by Region, 2018 - 2030 (USD Million)
- 5.5. Separator
- 5.5.1. Global Battery Coating Market, by Separator, by Region, 2018 - 2030 (USD Million)
6. Global Battery Coating Market, by Material
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 6.3. Carbon
- 6.3.1. Global Battery Coating Market, by Carbon, by Region, 2018 - 2030 (USD Million)
- 6.4. Alumina
- 6.4.1. Global Battery Coating Market, by Alumina, by Region, 2018 - 2030 (USD Million)
- 6.5. PVDF (Polyvinylidene Fluoride)
- 6.5.1. Global Battery Coating Market, by PVDF (Polyvinylidene Fluoride), by Region, 2018 - 2030 (USD Million)
- 6.6. Ceramic
- 6.6.1. Global Battery Coating Market, by Ceramic, by Region, 2018 - 2030 (USD Million)
- 6.7. Oxide
- 6.7.1. Global Battery Coating Market, by Oxide, by Region, 2018 - 2030 (USD Million)
- 6.8. Others
- 6.8.1. Global Other Battery Coating Market, by Region, 2018 - 2030 (USD Million)
7. Global Battery Coating Market, by Battery Type
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 7.3. Lithium-Ion
- 7.3.1. Global Battery Coating Market, by Lithium-Ion, by Region, 2018 - 2030 (USD Million)
- 7.4. Lead-acid
- 7.4.1. Global Battery Coating Market, by Lead-acid, by Region, 2018 - 2030 (USD Million)
- 7.5. Graphene
- 7.5.1. Global Battery Coating Market, by Graphene, by Region, 2018 - 2030 (USD Million)
- 7.6. Nickle-Cadmium
- 7.6.1. Global Battery Coating Market, by Nickle-Cadmium, by Region, 2018 - 2030 (USD Million)
8. Global Battery Coating Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Battery Coating Market Assessment, By Geography, 2018 - 2030 (USD Million)
- 8.3. Battery Coating Market - North America
- 8.3.1. North America: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.3.2. North America: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.3.3. North America: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.3.4. Battery Coating Market - U.S.
- 8.3.4.1. U.S.: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.3.4.2. U.S.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.3.4.3. U.S.: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.3.5. Battery Coating Market - Canada
- 8.3.5.1. Canada: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.3.5.2. Canada.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.3.5.3. Canada: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.4. Battery Coating Market - Europe
- 8.4.1. Europe: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.4.2. Europe.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.4.3. Europe: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.4.4. Battery Coating Market - UK
- 8.4.4.1. UK: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.4.4.2. UK.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.4.4.3. UK: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.4.5. Battery Coating Market - France
- 8.4.5.1. France: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.4.5.2. France.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.4.5.3. France: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.4.6. Battery Coating Market - Germany
- 8.4.6.1. Germany: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.4.6.2. Germany.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.4.6.3. Germany: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.4.7. Battery Coating Market - Italy
- 8.4.7.1. Italy: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.4.7.2. Italy.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.4.7.3. Italy: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.4.8. Battery Coating Market - Spain
- 8.4.8.1. Spain: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.4.8.2. Spain.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.4.8.3. Spain: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.4.9. Battery Coating Market - Netherlands
- 8.4.9.1. Netherlands: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.4.9.2. Netherlands.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.4.9.3. Netherlands: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.4.10. Battery Coating Market - Russia
- 8.4.10.1. Russia: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.4.10.2. Russia.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.4.10.3. Russia: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.5. Battery Coating Market - Asia Pacific
- 8.5.1. Asia Pacific: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.5.2. Asia Pacific.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.5.3. Asia Pacific: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.5.4. Battery Coating Market - China
- 8.5.4.1. China: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.5.4.2. China.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.5.4.3. China: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.5.5. Battery Coating Market - India
- 8.5.5.1. India: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.5.5.2. India.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.5.5.3. India: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.5.6. Battery Coating Market - Malaysia
- 8.5.6.1. Malaysia: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.5.6.2. Malaysia.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.5.6.3. Malaysia: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.5.7. Battery Coating Market - Japan
- 8.5.7.1. Japan: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.5.7.2. Japan.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.5.7.3. Japan: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.5.8. Battery Coating Market - Indonesia
- 8.5.8.1. Indonesia: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.5.8.2. Indonesia.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.5.8.3. Indonesia: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.5.9. Battery Coating Market - South Korea
- 8.5.9.1. South Korea: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.5.9.2. South Korea.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.5.9.3. South Korea: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.6. Battery Coating Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.6.2. Middle East & Africa.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.6.3. Middle East & Africa: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.6.4. Battery Coating Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.6.4.2. Saudi Arabia.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.6.4.3. Saudi Arabia: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.6.5. Battery Coating Market - UAE
- 8.6.5.1. UAE: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.6.5.2. UAE.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.6.5.3. UAE: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.6.6. Battery Coating Market - Israel
- 8.6.6.1. Israel: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.6.6.2. Israel.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.6.6.3. Israel: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.6.7. Battery Coating Market - South Africa
- 8.6.7.1. South Africa: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.6.7.2. South Africa.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.6.7.3. South Africa: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.7. Battery Coating Market - Latin America
- 8.7.1. Latin America: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.7.2. Latin America.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.7.3. Latin America: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.7.4. Battery Coating Market - Mexico
- 8.7.4.1. Mexico: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.7.4.2. Mexico.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.7.4.3. Mexico: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.7.5. Battery Coating Market - Brazil
- 8.7.5.1. Brazil: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.7.5.2. Brazil.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.7.5.3. Brazil: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
- 8.7.6. Battery Coating Market - Argentina
- 8.7.6.1. Argentina: Battery Coating Market, by Component, 2018 - 2030 (USD Million)
- 8.7.6.2. Argentina.: Battery Coating Market, by Battery Type, 2018 - 2030 (USD Million)
- 8.7.6.3. Argentina: Battery Coating Market, by Material, 2018 - 2030 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. APV Engineered Coatings
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Arkema SA
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Asahi Kasei Corporation
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Axalta Coating Systems Ltd
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Durr Group
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Mitsubishi Paper Mills Ltd
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Nano One Materials Corp
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Nexeon Limited
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. PPG Industries
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. SK Innovation Co., Ltd
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Solvay SA
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Tanaka Chemical Corporation
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Targray Technology International Inc
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. UBE Industries Limited
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development