Technology

Global Battery Separator Market Dominated by U.S., China, Germany, and U.K., Accounting for Over 85% Market Share

Published

5 months ago

July 26, 2024

BCC Research provides essential insights into current and future developments in the battery separators sector, covering key players, technological advancements, and market dynamics. This report helps stakeholders navigate and capitalize on opportunities in this critical industry.

BOSTON, July 26, 2024 /PRNewswire/ — “According to the latest BCC Research study, the demand for “Battery Separators: Global Markets” is expected to grow from $8.1 billion in 2024 and is projected to reach $19.0 billion by the end of 2029, at a compound annual growth rate (CAGR) of 18.6% during the forecast period of 2024 to 2029.”

A comprehensive market report on battery separators provides an in-depth analysis of the global market, segmented by battery type, separator type, separator material type, separator manufacturing technology, and end users. It delves into the technological advancements, regulatory landscapes, and current market status of leading players, while also examining market dynamics and prevailing industry trends. The report includes a detailed patent analysis and explores the latest ESG developments within the industry, highlighting emerging technologies and the significant impact of the Russia–Ukraine war on market conditions for battery separators, excluding next-generation advanced batteries. Additionally, it offers a thorough regional analysis covering North America, Europe, Asia-Pacific, and the Rest of the World, including South America, the Middle East, and Africa. Market values are reported in millions of U.S. dollars, with 2023 as the base year and 2024 as the estimated year, projecting forecasts for the subsequent five years through 2029. All market values are presented in nominal terms. Concluding the report, detailed company profiles of the top manufacturers in the global market provide strategic insights and a comprehensive overview of the competitive landscape, making this report an invaluable resource for understanding the current and future state of the battery separators market.

The battery separators study is essential because the growing demand for batteries, particularly in areas such as renewable energy storage and electric vehicles, has outpaced local suppliers’ ability to supply separators. The ongoing advancement of technology in battery design and production methods may encourage enterprises to pursue specialty separators that are difficult to obtain domestically. Purchasing separators from countries with lower manufacturing costs might result in lower prices compared to domestic equivalents, potentially leading to significant cost savings.

Please click here for more details on “The Global Market for Battery Separators Report.”

The following factors drive the global market for battery separators:

Increasing Adoption of Lithium-ion Batteries in Renewable Energy Sector: Lithium-ion batteries are increasingly used in renewable energy systems due to their high energy density, long lifespan, and efficient energy storage capabilities. As the demand for clean energy sources rises, these batteries are becoming essential for solar power storage, wind energy, and grid stabilization. Battery separators play a crucial role in ensuring these batteries’ safety and optimal performance by mechanically separating the anode and cathode.

Increasing Sales of Electric Vehicles (EVs): Electric vehicles (EVs) significantly rely on lithium-ion batteries, making them a major market for battery separators. As EV adoption increases, so does the demand for separators to enhance battery safety, performance, and longevity. These separators prevent short circuits, maintain ionic conductivity, and protect against thermal runaway, which is vital for the success of EVs.

Consumer Electronics Industry Support: Battery separators are crucial components in consumer electronics like smartphones, laptops, and wearables. As the consumer electronics industry seeks improved battery performance, the demand for separators grows. These separators ensure efficient energy transfer and prevent overheating or fires, which is essential as devices become more power-hungry.

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Report Synopsis

Report Metrics

Details

Base year considered

2023

Forecast Period considered

2024-2029

Base year market size

$7.2 billion

Market Size Forecast

$19.0 billion

Growth rate

CAGR of 18.6% for the forecast period of 2024-2029

Segment Covered

Battery Type, Separator Type, Separator Material Type, Separator Manufacturing Technology, End Users, and Region

Regions covered

North America, Europe, Asia-Pacific, and Rest of the World (RoW)

Countries covered

China, India, Japan, South Korea, the U.S., Canada, Mexico, Germany, U.K, and France

Key Market Drivers

• Increasing Adoption of Lithium-ion Batteries in Renewable Energy Sector.

• Increasing Sales of Electric Vehicles will Spur the Demand for Battery Separators.

• Consumer Electronics Industry is Providing Bilateral Support to the Battery Separators Market.

Key Interesting Facts About the global market for battery separators:

In 2023, battery manufacturing reached 2.5 TWh, with 780 GWh of capacity added compared to 2022.

The capacity added in 2023 was over 25% higher than in 2022 (International Energy Agency).

Global sales of electric cars in 2023 neared 14 million, accounting for 18% of all vehicles sold, up from 14% in 2022.

Electric car sales in 2023 saw a 35% year-on-year increase, with 3.5 million more cars sold compared to 2022 (International Energy Agency).

The U.S., China, Germany, and the U.K. dominate the market for battery separators, making up more than 85% of the global market.

The global market for battery separators report includes in-depth data and analysis addressing the following important queries:

What is the projected market size and growth rate of the market?
– The global battery separators market was valued at $7.2 billion in 2023 and will reach $18.9 billion by 2029 with a CAGR of 18.6%.

What are the key factors driving the growth of the market?
– Increasing Adoption of Lithium-ion Batteries in Renewable Energy Sector. Increasing Sales of Electric Vehicles will Spur the Demand for Battery Separators. Consumer Electronics Industry is Providing Bilateral Support to the Battery Separator Market.

What segments are covered in the market?
– The battery separators market is segmented based on battery type, separator type, material, technology, end-user, and region.

Which segment will dominate the market by the end of 2029 by Battery Type?
– The lithium-ion battery segment will dominate the market by 2029.

Which region has the highest market share in the market?
– Asia-Pacific holds the highest share of the global market.

Some of the Key Market Players Are:

AHLSTROMASAHI KASEI CORP.BERNARD DUMASENTEK INTERNATIONAL LLC.FREUDENBERG PERFORMANCE MATERIALS GMBH & CO. KGHOLLINGSWORTH & VOSEMITSUBISHI PAPER MILLS LTD.SENIOR LLC.SINOMA SCIENCE & TECHNOLOGY CO. LTD.SK IE TECHNOLOGY CO. LTD.SUMITOMO CHEMICAL CO. LTD.TEIJIN LTD.TORAY BATTERY SEPARATOR FILM KOREA LTD.UBE CORP.W-SCOPE CORP.YUNNAN ENERGY NEW MATERIAL CO. LTD. (SEMCORP)

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Global Electrical Vehicle Battery Market: This report analyzes the global electric vehicle battery market, using 2022 as the base year and providing estimates from 2023 to 2028. It includes insights on market drivers and opportunities, considering factors like COVID-19 and the Russia–Ukraine war. The report covers battery type, propulsion, vehicle type, method, battery capacity, battery form, and material type, offering both qualitative and quantitative data. It estimates each segment’s market size and CAGR. Additionally, it profiles significant electric vehicle battery players, their strategies, and the 2022 competitive landscape.

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About BCC Research

BCC Research provides objective, unbiased measurement and assessment of market opportunities with detailed market research reports. Our experienced industry analysts’ goal is to help you make informed business decisions, free of noise and hype.

For media inquiries, email press@bccresearch.com or visit our media page for access to our market research library.

Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher.

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Technology

Rovshan Rasulov, Founder and CEO of Rgand, Joins the Forbes Business Council

Published

2 hours ago

January 1, 2025

Rovshan Rasulov, Founder and CEO of Rgand, an expert in technological entrepreneurship specializing in building and strategically scaling trading and logistics platforms across industries, has been invited to join the Forbes Business Council, one of the world’s premier communities for business leaders.

MIAMI, Jan. 1, 2025 /PRNewswire-PRWeb/ — Rovshan Rasulov, Founder and CEO of Rgand, an expert in technological entrepreneurship specializing in building and strategically scaling trading and logistics platforms across industries, has been invited to join the Forbes Business Council, one of the world’s premier communities for business leaders.

“It’s a tremendous honor to join the Forbes Business Council,” said Rovshan Rasulov. “This recognition motivates me and my team to continue delivering cutting-edge solutions to our clients and driving innovation in the industry.”

Rovshan is widely recognized as the visionary behind the Rgand Marketplace, Sample Box Marathon, and Direct Trade Foundation, pioneering technologies that redefine sales strategies. In 2023, he was honored with an award for his groundbreaking innovations in sales technology.

The Forbes Council selection committee recognized Rovshan for his exceptional business achievements and his impactful contributions to the industry. His membership highlights his professionalism, leadership, and commitment to excellence throughout his career.

About Rgand

Rgand is an online wholesale marketplace that connects food producers directly with U.S. restaurants, eliminating middlemen such as wholesalers and distributors.

The platform offers services like Rgand Prime Fulfillment, which provides integrated warehousing and same-day fulfillment solutions for businesses on the Rgand Marketplace. The innovative Sample Box Marathon enables producers to streamline their entry into the restaurant industry supply chain by delivering curated sample boxes directly to potential buyers.

In September 2024, Rgand announced a $100 million accelerator program to support global suppliers entering the U.S. market.

About Forbes Councils

Forbes Councils is a collective of invitation-only communities that bring together exceptional business leaders, connecting them with the resources, insights, and networks needed to thrive and achieve their goals.

Media Contact

Rgand LLC, Rgand LLC, 1 (754) 226-6700, company@rgand.com, https://www.rgand.com/

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SOURCE Rgand LLC

Technology

Ushering 2025 in a New High: OneOdio Studio Max 1 Breakthrough and OpenRock X Forbidden City Edition at CES 2025

Published

5 hours ago

January 1, 2025

HONG KONG, Jan. 1, 2025 /PRNewswire/ — OneOdio, a professional DJ headphone brand with a decade of expertise, together with its dynamic sports sub-brand, OpenRock, is gearing up to dazzle attendees at CES 2025 (Jan. 7-10). Visit Booth #31106, South Hall 1, to explore how these two brands are setting a new standard for audio innovation, presenting their cutting-edge products to the world’s largest technology stage.

OneOdio and ShowStoppers at CES 2025

This year, OneOdio is taking its CES 2025 presence to new heights. In addition to showcasing its latest innovations at the booth, the brand will shine at the exclusive ShowStoppers event on January 7, 2025, from 6:00 PM to 10:00 PM PST at Booths #D07 & D09. This high-energy media reception connects top tech companies with over 1,000 leading journalists and industry influencers.

Introducing the Unmatched Studio Max 1: The Best of CES 2025

A centerpiece of OneOdio’s display at CES 2025 will be its latest flagship headphone, the Studio Max 1. Co-branded with Italian DJ Arianna, who has already performed with it in two major European events, this model redefines professional audio, with its most important features outlined below.

Rapid WiLL+ Connection Technology: Super 20ms ultra-low latency, seamless audio
LDAC & Dual Hi-Res Certification: Studio-grade sound, capturing every detail in high-resolution clarity.
4-in-1 Functionality: Switch between Wireless DJ, Bluetooth, Wired Monitoring, and Wired DJ modes for maximum versatility.

With other features like Dual-Mic ENC Noise Reduction and 120-hour battery life, Studio Max 1 keeps DJs fully focused on their performance, lasting for days without recharging. All of these advantages have been recognized by Gadgety Awards and AndroidHeadlines Technology Awards, with it earning the prestigious title of The Best of CES 2025, underscoring its exceptional innovation and performance in the audio technology world.

OpenRock X: Award-Winning Design with Sports in Mind

OpenRock X, OpenRock’s flagship model, was honored with the Good Design Award 2024, a prestigious accolade from Japan that has celebrated excellence in design since 1957. Its innovative adjustable ear-hook design ensures a secure, non-slip fit, making it the ideal companion for sports lovers.

Main Features of OpenRock X – Forbidden City Limited

Taking its innovations further, OpenRock has also presented the Forbidden City Limited version of the OpenRock X. This unique edition blends cultural artistry with superior engineering, making it a standout product in both aesthetics and performance. The version will be showed at CES 2025.

Join Us at CES 2025

Discover how OneOdio and OpenRock are setting new benchmarks in professional and sports audio at CES 2025. Follow us on Facebook and Instagram for the latest updates, and enjoy an exclusive 50% OFF CES discount (code: ATFCUG5N) on the Pro C in champagne gold on Amazon US from January 1–10. Plus, explore other premium audio gear with special CES discounts.

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SOURCE OneOdio

Technology

TESSAN x Rachael Yamagata: Inspiring Charging Moments of Innovation and Connection

Published

5 hours ago

January 1, 2025

NEW YORK, Jan. 1, 2025 /PRNewswire/ — As the new year unfolds, the leading charging solution brand TESSAN proudly announces an inspiring collaboration with the American singer-songwriter Rachael Yamagata. Together, they are embarking on a journey of innovation, encouraging people to discover and engage with the world around them.

Rachael Yamagata has made a significant impact on the global music scene with her soulful and emotionally resonant songs. Her music, characterized by its raw honesty and heartfelt lyrics, has garnered a dedicated international fanbase. Rachael has toured extensively and has a strong following. Her ability to connect deeply with audiences through her music has solidified her place as a beloved and influential artist on the global stage.

For Rachael, a journey represents the balance between planning future destinations and appreciating the present moment. It is a rich tapestry of life, interwoven with new encounters and personal growth. This vision aligns seamlessly with the “connection” concept of TESSAN’s mission, resulting in a strong partnership between TESSAN and Rachael.

Rachael’s experiences as an international traveler have shaped her perspective on the essentials needed for a seamless journey. She emphasizes the importance of efficient packing when traveling, particularly for tours. “You can only take so much because you go on trains, planes, you’re walking through cities, you’re getting cabs, you’re literally changing cities every day,” she shared.

One of Rachael’s main travel challenges is balancing the need to bring essential items without overpacking. TESSAN’s WTA series travel adapter emerges as an indispensable companion to address such challenges during modern travelers’ global exploration. As a user of the WTA series, Rachael finds the series highly appealing due to its excellent connectors, lightweight design, compact size, durability, fast charging capabilities, and ability to charge multiple devices simultaneously.

Weighing only 0.62lb and featuring a compact design, the WTA series fits easily into any luggage. Its classic slider design includes EU, UK, and US plugs, with rotatable pins for sockets in Australia and China, ensuring compatibility worldwide. GaN technology contributes to its lightweight nature and enables faster charging while maintaining a stable temperature, preventing overheating. The WTA series can simultaneously charge multiple devices, including iPhones, Macs, iPads, cameras, and CPAP machines. Built-in safety features, such as double-patented 10A auto-resetting fuses, provide peace of mind when using high-power devices.

As part of the collaboration, TESSAN conducted an exclusive interview with Rachael, capturing the entire process in a documentary. On January 4th, the documentary will premiere on YouTube, offering a glimpse into Rachael’s journey and insights. Through this exchange, TESSAN encourages audiences to ponder “What’s Your Next Journey,” inspiring them to embark on new explorations as a New Year’s resolution.

To support this initiative, TESSAN is launching a series of activities aimed at inspiring users to share the stories in their journeys. Including the sharing of the documentary trailer released on YouTube on January 1st allows participants to enter a prize draw. Then, on January 4th, the TESSAN website will showcase a limited time offer on the WTA series. The excitement will reach its peak on January 8th with a TikTok live event, featuring giveaways of prizes and Rachael Yamagata posters.

This collaboration between TESSAN and Rachael Yamagata is an invitation to explore, connect, and discover new horizons. As the new year begins, it calls for individuals to embark on their own journeys, starting from the comfort of home and reaching out to the world.

About TESSAN

TESSAN, a trusted partner in charging solutions, is committed to enriching experiences both at home and during travel. The brand offers a wide array of products, including multifunctional power strips, travel adapters, wall extenders, and smart home devices. Supported by a robust R&D and production team, TESSAN develops innovative socket products for users across the globe. With the trust of over 20 million users, TESSAN empowers their journeys from home to every destination, promoting environmentally conscious electricity usage.

For more information, visit www.tessan.com or the TESSAN Amazon store, and follow TESSAN on Facebook, Instagram, and YouTube.

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SOURCE TESSAN