Batteries are more essential components of the portable to electrical vehicles appliances, the battery coating are use for safety and durability of the battery. The precision coatings include extended battery life and greater safety, especially in extreme situations such as high temperature operation, fast cycling rates and overvoltage conditions. Lithium ion battery has wide end use industry applications. these battery have different components such as ,electrode, separator and packing. The coatings on cathode and anode powders protect against the most common degradation mechanisms found in Li-ion batteries, including transition metal dissolution, electrode-electrolyte interactions and active material instability.
There are different types of materials used for coating purpose. Each material has its own physical and chemical properties. PVDF (Polyvinylidene Fluoride) plays an important role in powering batteries, particularly, the lithium-ion batteries. This is due to its high level thermal and electrochemical stability as well as its excellent adhesion between electrode films and collectors. Ceramics coating use as separator with high temperature stability. Alumina coating layer applied on lithium-ion batteries for the protection of lithium. Numerous oxide materials have been employed as coating layers to stabilize the battery surface.
The battery coating market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global battery coating market is growing at a fast pace and increasing its geographical footprint rapidly. The global battery coating market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.
The growth is comparatively higher in Asia Pacific and US region due battery material manufacturers, cell fabricators, and battery manufacturer increases in the region. The major growth driver for battery coating market globally is high production of EVs, HEVs, and PHEVs and the growing demand for smart devices and other consumer electronics.
The high coating cost is the major impediments to the expansion of global battery coating market.
Battery coating enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East and Africa, and South America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of battery coating market globally. The companies that lead global Battery coating market are APV Engineered Coatings, NEI Corporation, Arkema, Mitsubishi, Ube Industries Ltd. Solvay, SK innovation Co., Ltd., Tanaka Chemical Corporation, Unifrax Asahi Kasei Corporation, ALD NanoSolutions, Inc., Beneq Group, Forge Nano Inc, Targray Technology International Inc., SAMCO Inc., Nano One Materials Corp., Nexeon Limited and Alteo Group.
Research Methodology
The research process includes the market segmentation of the global battery coating market, identifying the growth determinants of every market segment and market forecasts. The primary source from the supply side includes industry experts, CEOs, vice president, directors, and key executives of various industry players. The primary source from demand side includes marketing manager and experts from various application industries. Market Krystal held more than 40 interviews for this study, details of which are mentioned:
By company type:
Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
By geography:
North America (40%), Asia (35%), Europe (25%)
By designation:
Top level (40%), Operation level (20%), Mid-level (40%)
Contents of the report:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook