The Global Battery Separators Market is projected to grow from USD 6.3 billion in 2023 to USD 13.0 billion by 2028, at a CAGR of 15.7% during the forecast period, as per the recent study by MarketsandMarkets™. The primary function of battery separators is to separate the positive and negative electrodes by utilizing a polymeric membrane positioned between the charged anode and cathode. Widely applied in consumer electronics, industrial settings, and the automotive industry, these separators play a crucial role in battery technology.

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Browse in-depth TOC on “Battery Separators Market”.

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List of Key Players in Battery Separators Market:

Asahi Kasei Corporation (Japan)
ENTEK (US)
Shanghai Energy New Materials Technology Co., Ltd. (China)
SK ie technology (South Korea)
Toray Industries, Inc. (Japan)
UBE Corporation (Japan)
Drivers, Restraints, and Opportunities in Battery Separators Market:

Driver: Increasing adoption of lithium-ion batteries in the renewable sector
Restrain: Proper storage and transportation of batteries
Opportunity: Battery usage in energy storage devices
Challenge: Lack of government support and infrastructure in emerging economies
Key Findings of the Study:

The Lead-acid battery is expected to account for the largest share of the battery separators market, by battery type, during the forecast period, in terms of value.
By end-use, the automotive segment is expected to account for the largest market share during the forecast period in terms of value.
Polyethylene, by material, is expected to account for the largest segment during the forecast period.
Asia Pacific is projected to register the largest market share during the forecast period.
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Based on battery type, the lead-acid segment accounted for the largest share during 2023 to 2028. Lead-acid batteries are widely used in renewable energy like solar and wind power, excellent in high current capacity and starting internal combustion engines. Beyond renewable energy, they are adaptable in automotive and telecommunications, powering vehicles and ensuring reliable communication networks. Their interest emerges from cost-effectiveness, safety features, and recyclability. Surging demand for lead-acid batteries drives market growth, increasingly pivotal in the battery separators market. As technology evolves, these batteries remain adaptable, maintaining relevance in traditional and emerging applications.

Based on material, the polyethylene segment accounted for the largest share, in terms of value, of the overall battery separators market during the forecast period. Polyethylene stands out as a thermoplastic material, offering diverse crystalline structures like high-density polyethylene, low-density polyethylene, and linear low-density polyethylene. These polyethylene separators play a crucial role in manufacturing batteries for consumer electronics and high-power applications. As the demand for consumer electronics and powerful batteries continues to rise, this is further expected to drive the battery separators market.

Based on end-use, the automotive segment accounted for the largest share, in terms of value, of the overall battery separators market during the forecast period. The rise of electric vehicles, powered by lithium-ion batteries, has been a major factor. Lithium-ion batteries are favoured for their efficient energy storage in electric cars. With increasing environmental regulations and norms, the demand for electric vehicles is expected to grow and driving up the need for lithium-ion batteries and, consequently, battery separators. This has resulted in a significant growth in demand for lithium-ion batteries, which in turn has boosted the demand for the battery separators market.

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Based on region, Asia Pacific is the largest market for battery separators, in terms of value, during the forecast period. The region includes both emerging nations like China, Japan, and India. Asia Pacific has become a focus for automobile manufacturing, benefiting from recent infrastructure development and industrialization in its emerging nations. These factors have created new opportunities for Original Equipment Manufacturers (OEMs), contributing to the continued growth of this region for the battery separators market.

Asahi Kasei Corporation.

Asahi Kasei Corporation, a global Japanese chemical company, is a leading manufacturer of lithium-ion and lead-acid battery separators. Operating in four segments, including material and environmental solutions, the company produces separators such as Hinore, Celgard (lithium-ion), and Daramic (lead-acid). These separators are mainly used in automotive, laptops, smartphones, and other consumer electronics applications. With a strong global presence, the company is actively researching expanding production capacity in Europe and US to support local manufacturing and consumption of separators, focusing on the growth of the battery separator industry.

ENTEK

ENTEK is one of the major battery separator manufacturers in the world, producing three separator technologies, such as AGM, PE, and lithium separators. It leverages this wide range of products for energy storage applications worldwide, such as internal combustion and electric automobiles. For a variety of energy storage and other functional membrane applications, ENTEK manufactures a range of microporous membranes and high-performance materials. It also focusses on new technologies and product innovation. The membranes are used in energy storage, filtration, ion-selective barriers, and both hydrophobic and hydrophilic breathable barriers in medical and sports apparel.

The company designs and builds battery separator lines and parts with its in-house engineering, fabrication, and machining resources. ENTEK provides separators for stationery, SLI, start-stop, deep cycle, and power batteries. The company even offers customer solutions for compounding, fiber-plastic composites, bio resins, food packaging, and sheet extrusion. It provides mechanical and design engineering for plant and equipment manufacturing needs. ENTEK machinery and equipment are produced in Lebanon, Oregon. The company delivers high-performance materials worldwide through manufacturing facilities in US, UK, Japan, China, and Indonesia.

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Shanghai Energy New Materials Technology Co., Ltd.

Shanghai Energy New Materials Technology Co., Ltd., also recognized as SEMCORP, is one of the key players in the global market for battery separators. Specializing in the production of wet process separators and coated separators designed for lithium-ion batteries. The company offers ceramic coating, PVDF coating, AFL coating, and high-temperature polymer coatings for high-energy-density chemistries such as the NMC system. The company’s other products are printing packages, packing boxes, liquid wrapping & high-grade wrapping papers, biaxially oriented polypropylene films, and other related products.

SK ie Technology

SK ie technology operates as a subsidiary of SK Innovation, is primarily involved in the production and sale of battery materials. The company offers information material solutions, electronic material solutions, and various products, including battery separators for IT devices, energy storage systems, and electric vehicle (EV) batteries. SK ie technology operates its business through two segments namely LiBS and new business. Within the LiBS segment, the company provides lithium-battery separators. The company has subsidiary manufacturing plants in China and Poland dedicated to producing separators for secondary batteries. The company operates separator production plants in Asia and Europe.

Toray Industries, Inc.

Toray Industries, Inc. is an integrated chemical company that integrates nanotechnology into its processes, leveraging organic synthetic chemistry, polymer chemistry, and biotechnology as core technologies. The company operates through six business segments namely, performance chemicals, life science, environmental engineering, carbon fiber & composite materials, fiber & textile, and others. Toray Industries, Inc. provides battery separators within the performance chemicals segment. In April 2017, Toray completely absorbed its wholly owned consolidated subsidiary, Toray Battery Separator Film Co., Ltd. (Toray BSF), specializing in the production and marketing of lithium-ion secondary batteries. This strategic move aimed to fortify the group's foundation and meet the growing demand in the lithium-ion battery separator business. Operating globally, Toray has a significant presence in Japan, China, North America, Asia Pacific, and Europe.

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UBE Corporation

UBE Corporation is engaged in the manufacturing of a wide range of products utilized in vehicle components, digital appliances, pharmaceuticals, and household goods, in addition to buildings, structures, and other physical infrastructure. The company operates through four business segments, namely polymers & chemicals, specialty products, machinery, and others. The others segment includes purchase and sales, leasing, and control of real estate.

The company's primary line of business is polymers & chemicals, which range from basic chemicals to functionality products in cutting-edge fields and pharmaceuticals. It produces industrial equipment such as conveyors and grinders, as well as molding devices, including die-casting and injection molding machines. Additionally, the company builds steel and bridge structures. UBE offers battery separators under the chemicals segment.