Albany, NY -- (SBWIRE) -- 07/10/2018 -- Market Research Hub (MRH) has actively included a new research study focusing on the global market for lithium-ion battery separator. The analysis offers a clear insight about the various regional markets, together with prime applications associated to lithium-ion battery separator. The report is titled "Global Lithium-Ion Battery Separator (Lithium Battery Separator) Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023", which discusses the prime market drivers & opportunities influencing the overall lithium-ion battery separator market.
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Lithium-ion battery separator are basically polypropylene (PP), trilayer PP/PE/PP or polyethylene (PE) electrolytic separator membranes that serve a critical role in separating the cathode from the anode. This separation of charge permits the battery to produce electricity. This product is widely used across consumer electronics, electric power storage, power vehicle and industrial use. Presently, the global market for lithium-ion battery separator is likely to grow at 9.1% CAGR during the next five years. At this pace, the target market is capable of reaching 4050 million US$ in 2023, from a fairly lower mark of 2400 million US$ in 2017.
The later section of the report talks about the lithium-ion battery separator market segmentation in terms of region, manufacturers, type and application. The prime product type mentioned in the report are bilayer lithium-ion battery separator and trilayer lithium-ion battery separator. Geographically, the prime market regions covered in the report are North America, Europe and Asia-Pacific, South America, Middle East and Africa. The production regions are mainly focused at Japan, Korea, USA and China. These particular regions are home to several prominent manufacturers such as, Japan-based Asahi Kasei, South Korea-based SKI, U.S.-based Celgard (Acquired by Asahi Kasei in 2014), Japan-based UBE and Japan-based Toray Tonen.
According to prime research specifics, the capacity of lithium-ion battery separator in the past years has grown rapidly. The three major suppliers of separator in China, namely, Senior Tech, Zhongke Sci & Tech and Jinhui Hi-Tech are the representative recent years. Interestingly, China's lithium-ion battery separator industry is projected to face overcapacity; this overcapacity might soon initiate ruthless competition in the coming years. Some other manufacturers assessed in this report include names like W-SCOPE, Suzhou GreenPower, Tianfeng Material, Newmi-Tech and many more. All this data is quite vital for the investors to draw conclusions regarding future market projections. The presence of tables and figures acts as a supreme add-on to validate the research statistics in an understandable manner.
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