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Battery Binders Market Share

Report ID: GMI6368
Published Date: Aug 2023
Report Format: PDF

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Battery Binders Industry Leaders

Some prominent players in the battery binders market include:

DuPont
BASF SE
Asahi Kasei Corporation
Daikin Industries
Arkema
Zeon Corporation
Targray
Solvay S.A
Mitsubishi Chemical Corporation
The Lubrizol Corporation
SYNTHOMER PLC
Industrial Summit Technology Corp
LG Chem
Trinseo S.A.

These players concentrate on strategic partnerships, new product launches, and commercialization efforts for market growth. Furthermore, they make huge investments in research & development to launch advanced products and gain maximum market revenue.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for battery binders was USD 1.6 billion in 2022 and will observe 16.7% CAGR from 2023-2032 due to the significant developments in battery technologies to cater to uses in various applications, ranging from smartphones to electric vehicles.

Battery binders industry size from the electric vehicles segment is estimated to hold 32% share by the end of 2032 owing to the growing focus of researchers and battery manufacturers on exploring new binder materials.

North America battery binders market size recorded USD 0.6 billion in 2022 and is set to foresee significant traction through 2032 due to the rising adoption of EVs and the rapid advances in battery technologies.

Some prominent players in the battery binders industry include DuPont, BASF SE, Asahi Kasei Corporation, Daikin Industries, Ltd., Arkema, Zeon Corporation, Targray, Solvay S.A., Mitsubishi Chemical Corporation, The Lubrizol Corporation, SYNTHOMER PLC, LG Chem, and Trinseo S.A.