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Battery Additives Market

: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025

Global Battery Additives Market: By Type (Conductive Additive, Porous Additive and Nucleating Additive), By Application (Lead Acid and Li-ion) and Geography

 

Global Battery Additives Market

 

Global Battery Additives Market Report Description:

Global battery additives market report gives comprehensive outlook on battery additives across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global battery additives market gives historical, current, and future market sizes (US$ Mn) on the basis of type, application and region. This report studies global battery additives market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global battery additives market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global battery additives products.

 

Global Battery Additives Market:

The global battery additives market estimated to be valued USe $ 1.7 Bn in 2018 and poised to grow at significant CAGR of 9.4% over 2019-2025.Some of the key factors fuelling the market growth include increasing investments in renewable energy, growing demand for li-ion batteries in consumer electronics applications, rising demand for li-ion batteries in consumer electronics applications, high demand for Li-Ion batteries in consumer electronics applications, advancements in battery technology and the penetration of battery additives in the end-use industries and initiatives taken by governments to promote the use of alternative fuel vehicles. However, stringent safety issues related to batteries and regulations and safety issues related to lead acid batteries are some major factors hindering the market growth. Further, technological advancements provides huge growth opportunity for the market growth.

 

Increasing Demand in Water Treatment are fueling the Market Growth

 Lithium-ion batteries seem to be all the rage. That is commonly because of the varied places that the battery can be deployed. From a small smartphone battery to large sophisticated batteries used in electric automobiles, lithium-ion batteries have found a lot of takers. Recent improvements in consumer electronics technologies. Owing to the many remarkable properties of Li-ion batteries such as high energy density, consumer electronics manufacturers prefer these over other batteries. The high demand for consumer electronics is a result of the changing lifestyle, expanding middle-class population, and a shift to smart electronic devices. This, in turn, is expected to drive the demand for lithium-ion batteries. Moreover, increasing awareness among consumers towards clean energy is driving demand for energy storage systems, which is likely to positively influence lithium ion batteries.

 

Asia Pacific Accounts for Larger Market Revenue Share in Global Battery Additives Market

Asia Pacific accounted for larger revenue share in global battery additives market with considerable CAGR. The growth in this region is due to rising demand for battery additives is high in developing economies such as India and China. High demand in portable devices and electric vehicles applications and growing population are other factors responsible for market growth. North America held substantial market share during estimated period as there is a huge growth in automotive industry and rise in the calendar life batteries. U.S is the major is the major contributor for the growth of the market in the region.

 

Competition Assessment

Key player’s profiles in the global battery additives market include:

  • Cabot Corporation (US)
  • 3M (US)
  • IMERYS (France)
  • Orion Engineered Carbons (Luxembourg)
  • Hammond Group (US)
  • SGL Carbon (Germany)
  • Borregaard (Norway)
  • HOPAX (Taiwan)
  • PENOX (Germany)
  • ALTANA (Germany)

 

Global battery additives market is surging owing to frequent acquisitions and launchings by the market players. For Instance, In February 2016, Cabot Corporation launched a new conductive additive, LITX 300, for Li-ion battery applications. This new additive is easy to disperse as well as incorporate in the Li-ion battery manufacturing process. It also improves conductivity, flexibility, and shelf life of Li-ion batteries.

 

Key Findings of the Report:

 

  • Global battery additives market expanding at significant CAGR over 2019 to 2025 due to increasing investments in renewable energy
  • Based on type, conductive additive segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global Battery Additives market

 

Detailed Segmentation

 

By Type                     

  • Conductive Additive
  • Porous Additive
  • Nucleating Additive

 

By Application                       

  • Lead Acid
  • Portable Devices
  • Electric Vehicles
  • Industrial
  • Others
  • Liion

By Geography

 

North America

  • US
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

 

Key Features of the Report:

 

  • The report provides granular level information about the market size, regional market share, historic market (2014-2018) and forecast (2019-2025)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

    

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