The global battery
coating market is foreseen to grow by 15.7%, from USD 288.65 Million in 2021 to
USD 926.91 Million in 2029. Reducing prices of batteries to support demand for
cost-effective EVs, faster charging speed to enable plug and charge use of EVs,
rising petroleum prices increase demand for EVs due to lower electricity cost
is to drive the market for the upcoming forecast period. However, high initial
investments for installing EV fast charging infrastructure, insufficient EV
charging infrastructure to slow EV adoption remains one factor hindering the
market growth over the anticipated period.
Market Definition
What Is Battery coating?
A key technology in producing lithium-ion secondary
batteries is a battery coating (LiBs). The positive electrode (anode), a
negative electrode (cathode), and a separator for isolating them are all made
of specific materials that are placed on the substrate to create the layered
electrode (layered element).
Market Overview
The
battery coating market search study helps to thoroughly understand the
current trend in the market competitive analysis of the players in the emerging
market. Moreover, the DRO in the battery coating market offers valuable
perspicuity and a current scenario for making the right decision. The research
study covers the eminent players in the market with a detailed analysis of the
company and a financial overview containing their net sales, business mix and
geographical reach It mainly focuses on the key developments of the
products/services offered by the company in recent years. Besides, we at Zettabyte
have the expertise to analyses the global Battery coating market player's
competitive landscape helping the client comprehend their specific strategic
growth approaches.
Battery coating
market study by "Zettabyte Analytics" offers details about the market
scope, market segmentation, technological advancement in the battery coating market
and highlights the optimistic, competitive landscape and trends enduring over
the years.
Major players in
the battery coating market include Akzo Nobel N.V., Alcolor, Alteo, Apv
Engineered Coatings, Arkema Sa, Asahi Kasei Corporation, Ashland Global
Holdings Inc., Axalta Coating Systems, Ltd., Beneq, Dürr Group, Forge Nano
Inc., Gujarat Fluorochemicals Limited, Mitsubishi Paper Mills Ltd., Nano One
Materials Corp., Nei Corporation, Nexeon Limited, Ppg Industries, Inc., Pulron,
Samco Inc., Shandong Hengyi New Material Technology Co., Ltd, Sk Innovation
Co., Ltd., Solvay Sa, Tanaka Chemical Corporation, Targray Technology
International Inc., Ube Industries Ltd., Unifrax, Wright Coating Technologies,
Xiamen Acey New Energy Technology Co., Ltd.
COVID-19 Impact on Global Battery
Coating Market
The global impact
of COVID-19 has lost millions of lives with a massive cost to the healthcare
system. Moreover, the treatment cost for patients with COVID-19 has also had a
financial impact globally. the impact of COVID-19 on the Battery coating market
has forced the companies to change their sourcing, pricing, and promotion
strategies. the Battery coating market players are seen focusing more on
optimizing the e-commerce networks with the rising innovations in the digital
sector, which are creating new business models for the semiconductor & electronics
industry player.
Research Scope
The report
provides market value for the base year 2021 and a yearly forecast from 2022 to
2029 in revenue (USD Million/ Billion). the market for each segment is present
in North America, Europe, Asia Pacific, Latin America, Middle East &
Africa, and the regional basis for the forecast mentioned above.
Key End User
dynamics, regulatory scenarios, major material dynamics and battery coating
market future markets are analyzed to understand their impact on demand for the
forecast period. growth rates have been estimated using correlation, regression
and time-series analysis.
Market Segmentation
For the purpose
of this report, the global Battery coating market segmented on the basis of technology
type, battery component, battery type, material type, end user, and region:
Technology type Outlook:
On the basis of
technology type, the market is segmented into Atomic Layer Deposition (ALD),
Plasma Enhanced Chemical Vapor Deposition (PECVD), Chemical Vapor Deposition
(CVD), Dry Powder Coating, Physical Vapor Deposition (PVD).
Battery Component Outlook:
On the basis of
battery component, the market is segmented into electrode coating, separator
coating, battery pack coating.
Battery Type Outlook:
On the basis of
battery type, the market is segmented into lithium-ion battery, lead-acid
battery, nickel-cadmium battery, graphene battery.
Figure 1 Battery Coating Market By Battery
Type (Market Size And Forecast By Value - USD Million, 2021 & 2029)