According to the recent study the battery coating market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 14% to 16% from 2023 to 2028. Growth in this market is primarily driven by rising adoption of smart devices & other consumer electronics and increasing production of electric vehicle, hybrid vehicles, & plug-in hybrid electric vehicles.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in battery coating market by technology type (ALD, PECVD, CVD, dry powder coating, and PVD), battery component (electrode coating, separator coating, and battery pack coating), battery type (lithium-ion battery, lead-acid battery, nickel-cadmium battery, and graphene battery), material type (PVDF, ceramic, alumina, oxide, carbon, polyurethane, epoxy, and others), end use industry (oil and gas, renewable energy, automobiles, electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Graphene battery market is expected to remain the largest segment during the forecast period.”
Based on battery type, the battery coating market is segmented into lithium-ion battery, lead-acid battery, nickel-cadmium battery, and graphene battery. Lucintel forecasts that the graphene battery market is expected to remain the largest segment due to increasing demand in various end use industries such as consumer electronics, automotive, and power.
“Within the battery coating market, the polyvinylidene Fluoride (PVDF) segment is expected to remain the largest material type”
Based on material type the polyvinylidene Fluoride (PVDF) segment is expected to witness the highest growth over the forecast period due to rising usage of PVDF in battery coatings, especially for lithium-ion batteries that are used in electric vehicles.
“Asia pacific will dominate the battery coating market in near future”
Asia Pacific is expected to remain the fastest growing region over the forecast period due to growing production of automobiles and existence of leading battery manufacturing companies
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Major players of battery coating market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Solvay SA, Arkema SA, PPG Industries, Asahi Kasei, Mitsubishi Paper Mills, Ube Industries, Tanaka Chemical, SK Innovation, Dürr Group, Ashland Global, Axalta Coating Systems are among the major battery coating providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/battery-coating-market.aspx or [email protected]