Binder Market for Lithium-Ion Batteries by Type, Application, and Geography - Global Forecast and Analysis 2019-2023

Global Binder Market for Lithium-ion Batteries:

About this market

Technavio’s binder market for lithium-ion batteries market analysis considers sales from both cathode binders and anode binders. Our analysis also considers the sales of binder market for lithium-ion batteries in APAC, Europe, North America, South America, and MEA. In 2018, the cathode binders segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as less environmental impact and cost-effectiveness will play a significant role in the cathode binders’ segment to maintain its market position. Also, our global binder market for lithium-ion batteries market report looks at factors such as increasing demand for electric and hybrid vehicles, adoption of sustainable and non-combustible energy sources, and significant growth of consumer electronics industry. However, presence of several substitutes for lithium-ion batteries, safety concerns related to lithium-ion batteries, and development of binder-free electrodes for lithium-ion batteries may hamper the growth of the binder market for lithium-ion batteries industry over the forecast period.

Global Binder Market for Lithium-ion Batteries: Overview

Significant growth of the consumer electronics industry

With the advent of new technologies such as IoT and cloud-based storage, there is a significant increase in the adoption of consumer electronic products. Advances in wireless telecommunication technology have increased the penetration of smartphones and other smart devices. The increasing literacy rate, economic growth, and rising purchasing power of consumers have increased the demand for electronic devices. Therefore, the rise in the number of sales of smart devices and consumer electronic products will lead to the expansion of the global binder market for lithium-ion batteries market at a CAGR of almost 22% during the forecast period.

Rising adoption of wearable technology

Wearable technology includes smart gadgets and devices that can be combined into clothing or worn as an accessory. Wearables are becoming lighter and smaller with the improvements in technology. Hence, the amount of energy provided by batteries must be adapted accordingly. Reliable batteries are essential for wearable devices that generate precise and continuous records of vital data. This, in turn, creates demand for lithium-ion batteries, leading the vendors of lithium-ion batteries to introduce new products in smart wearables. Thus, the availability and adoption of lithium-ion batteries in smart wearables is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global binder market for lithium-ion batteries market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of a few major players, the global binder market for lithium-ion batteries market is concentrated. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of few leading binder market for lithium-ion batteries manufacturers. These vendors include APV Engineered Coatings Inc., Arkema SA, Ashland Global Holdings Inc., DuPont de Nemours Inc., JSR Corp., Kureha Corp., Solvay SA, Targray Technology International Inc., Ube Industries Ltd., Zeon Corp.

Also, the binder market for lithium-ion batteries market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Product offerings of vendors
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global battery market
      • Table Segments of global battery market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by type
    • Table Type - Market share 2018-2023 (%)
    • Comparison by type
      • Table Comparison by type
    • Cathode binders - Market size and forecast 2018-2023
      • Table Cathode binders - Market size and forecast 2018-2023 ($ millions)
      • Table Cathode binders - Year-over-year growth 2019-2023 (%)
    • Anode binders - Market size and forecast 2018-2023
      • Table Anode binders - Market size and forecast 2018-2023 ($ millions)
      • Table Anode binders - Year-over-year growth 2019-2023 (%)
    • Market opportunity by type
      • Table Market opportunity by type
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Power battery - Market size and forecast 2018-2023
      • Table Power battery - Market size and forecast 2018-2023 ($ millions)
      • Table Power battery - Year-over-year growth 2019-2023 (%)
    • Energy storage battery - Market size and forecast 2018- 2023
      • Table Energy storage battery - Market size and forecast 2018-2023 ($ millions)
      • Table Energy storage battery - Year-over-year growth 2019-2023 (%)
    • Digital battery - Market size and forecast 2018-2023
      • Table Digital battery - Market size and forecast 2018-2023 ($ millions)
      • Table Digital battery - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table GHG emissions by transportation sector in the US 2017 (%)
      • Table Global energy-related carbon dioxide emissions 2010-2016 (billion metric tons)
      • Table Global renewable investments 2000-2016 ($ billions)
      • Table Smartphones – Market size and forecast 2017-2022 (million units)
      • Table Tablets – Market size and forecast 2017-2022 (million units)
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Growing adoption of lithium-ion battery in energy storage
    • Rising adoption of wearable technology
    • Declining prices of lithium-ion batteries
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • APV Engineered Coatings Inc.
      • Table APV Engineered Coatings Inc. - Vendor overview
      • Table APV Engineered Coatings Inc. - Product segments
      • Table APV Engineered Coatings Inc. - Organizational developments
      • Table APV Engineered Coatings Inc. - Key offerings
    • Arkema SA
      • Table Arkema SA - Vendor overview
      • Table Arkema SA - Business segments
      • Table Arkema SA - Organizational developments
      • Table Arkema SA - Geographic focus
      • Table Arkema SA - Segment focus
      • Table Arkema SA - Key offerings
    • Ashland Global Holdings Inc.
      • Table Ashland Global Holdings Inc. - Vendor overview
      • Table Ashland Global Holdings Inc. - Business segments
      • Table Ashland Global Holdings Inc. - Organizational developments
      • Table Ashland Global Holdings Inc. - Geographic focus
      • Table Ashland Global Holdings Inc. - Segment focus
      • Table Ashland Global Holdings Inc. - Key offerings
    • DuPont de Nemours Inc.
      • Table DuPont de Nemours Inc. - Vendor overview
      • Table DuPont de Nemours Inc. - Business segments
      • Table DuPont de Nemours Inc. - Organizational developments
      • Table DuPont de Nemours Inc. - Geographic focus
      • Table DuPont de Nemours Inc. - Segment focus
      • Table DuPont de Nemours Inc. - Key offerings
    • JSR Corp.
      • Table JSR Corp. - Vendor overview
      • Table JSR Corp. - Business segments
      • Table JSR Corp. - Organizational developments
      • Table JSR Corp. - Geographic focus
      • Table JSR Corp. - Segment focus
      • Table JSR Corp. - Key offerings
    • Kureha Corp.
      • Table Kureha Corp. - Vendor overview
      • Table Kureha Corp. - Business segments
      • Table Kureha Corp. - Organizational developments
      • Table Kureha Corp. - Geographic focus
      • Table Kureha Corp. - Segment focus
      • Table Kureha Corp. - Key offerings
    • Solvay SA
      • Table Solvay SA - Vendor overview
      • Table Solvay SA - Business segments
      • Table Solvay SA - Organizational developments
      • Table Solvay SA - Geographic focus
      • Table Solvay SA - Segment focus
      • Table Solvay SA - Key offerings
    • Targray Technology International Inc.
      • Table Targray Technology International Inc. - Vendor overview
      • Table Targray Technology International Inc. - Product segments
      • Table Targray Technology International Inc. - Organizational developments
      • Table Targray Technology International Inc. - Key offerings
    • Ube Industries Ltd.
      • Table Ube Industries Ltd. - Vendor overview
      • Table Ube Industries Ltd. - Business segments
      • Table Ube Industries Ltd. - Organizational developments
      • Table Ube Industries Ltd. - Geographic focus
      • Table Ube Industries Ltd. - Segment focus
      • Table Ube Industries Ltd. - Key offerings
    • Zeon Corp.
      • Table Zeon Corp. - Vendor overview
      • Table Zeon Corp. - Business segments
      • Table Zeon Corp. - Organizational developments
      • Table Zeon Corp. - Geographic focus
      • Table Zeon Corp. - Segment focus
      • Table Zeon Corp. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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