Global Binder Market for Lithium-ion Batteries 2024-2028

Global Binder Market for Lithium-ion Batteries 2024-2028

Global Binder For Lithium-Ion Batteries Market 2024-2028

The binder for lithium-ion batteries market is forecasted to grow by USD 7311.7 mn during 2023-2028, accelerating at a CAGR of 34.28% during the forecast period. The report on the binder for lithium-ion batteries market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by shift of automotive industry toward EV, rising demand for smart devices, and increased government support for EVs.

Technavio's binder for lithium-ion batteries market is segmented as below:

• By Type
• Cathode binders
• Anode binders
• By Application
• Power battery
• Energy storage battery
• Digital battery
• Others
• By Geographical Landscape
• APAC
• North America
• Europe
• South America
• Middle East and Africa

This study identifies the growing adoption of lithium-ion batteries in energy storage as one of the prime reasons driving the binder for lithium-ion batteries market growth during the next few years. Also, rising adoption of wearable technology and declining prices of lithium-ion batteries will lead to sizable demand in the market.

The report on the binder for lithium-ion batteries market covers the following areas:

• Binder for lithium-ion batteries market sizing
• Binder for lithium-ion batteries market forecast
• Binder for lithium-ion batteries market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading binder for lithium-ion batteries market vendors that include APV Engineered Coatings LLC, Arkema Group., Ashland Inc., BASF SE, Daikin Industries Ltd., DuPont de Nemours Inc., FUJIAN BLUE OCEAN Co. Ltd., FUJIFILM Corp., JSR Corp., Kureha Corp., MTI Corp., NANOGRAFI Co. Inc., Sichuan Indigo Technology Co., Ltd., Sinochem Group Co. Ltd., Solvay SA, Suzhou Crystal Clear Chemical Co. Ltd, Targray Technology International Inc., Ube Corp., AOT Battery Equipment Technology Co. Ltd., and Zeon Corp.. Also, the binder for lithium-ion batteries market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.