Battery Pasting Papers Market REPORT OVERVIEW
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global battery pasting papers market size was USD 115.6 million in 2022 and market is projected to touch 173.26 Million by 2031, exhibiting a CAGR of 4.6% during the forecast period.
The process of battery pasting papers is used to make temporary adhesive labels from sheets of paper. The user cuts the desired shape out of the paper, folds it in half, and tapes it to the object. They can peel off the top piece of paper after taping to reveal their adhesive label. In the fabrication of substrate car batteries, second lead-acid batteries, pasting paper is used to coat and protect the active material on the substrate. The battery asting paper should stick to the active material but not between the substrates. Also, when dried, there should be no residue.
COVID-19 Impact: The Pandemic Caused Lockdown Downgraded the Market Growth
Because of the pandemic, the global capacity utilisation rate of lithium-ion batteries reached its lowest point in 2020, dragged down by industrial shutdowns. COVID-19 has been a major constraint on battery pasting papers market growth due to a variety of factors, including end-users decreasing operational expenses, as well as disruptions in spare part availability due to sluggish production activity and transportation problems. Battery suppliers have taken further efforts to ensure that their services are available to end users who have signed long-term contracts with them.
LATEST TRENDS
"The Absorbent Glass Mat Battery Assemblies Benefits Ramped Up the Market Share"
Despite the fact that it is a fairly lightweight material at only 30-35 gm, AGM(Absorbent Glass Mat) battery pasting paper gives structural stability to stacks of plates in battery assemblies. The cleanliness of battery speciality pasting sheets is one of their advantages, as they contain no metals, pollutants, or chemical impurities. They are always clean and unreactive. Because the pasting paper is nonreactive and chemically stable, it will not degrade or have a carbon gassing effect during the battery's life. During manufacture, battery plates must be stacked effectively and with structural integrity; indeed, battery pasting paper aids in the retention of the layers of plates.
Battery Pasting Papers Market SEGMENTATION
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- By Type Analysis
Based on type, the battery pasting papers market is subdivided into cellulose pasting papers, fiberglass pasting papers and others.
The part cellulose pasting papers is the leading of the type segment.
- By Application Analysis
Based on the applications, the battery pasting papers market is subdivided into flooded lead-acid battery, vrla battery and others.
The part flooded lead-acid battery is the leading part of the application segment.
DRIVING FACTORS
"Numerous Industrial and Automotive Application to Raise Up the Market Share"
Pasting paper is an important component of high-quality automotive and industrial batteries. Pasting paper is widely utilised in industrial and automotive settings. Light passenger automobiles, commercial truck batteries, motorcycle batteries, and backup power for UPS, data centres, and communications networks are some of the most popular applications.
In principle, any battery that employs continuous grid pasting technique will necessitate the usage of pasting paper.Battery pasting paper is often required to prevent compression loss and extend battery life.The battery pasting paper keeps the battery's active material structure intact throughout its lifespan. It attaches to the active material components without adhering to the battery's other substrates. This is critical for long-term battery safety and performance, as well as batteries that will be used continuously for extended periods of time. In industrial and automotive applications, a variety of battery pasting paper products improve advanced lead battery processability and performance.
"A Wide Array of Advantages Offered by the Pasting Papers to Ignite the Market Growth"
Pasting sheets are non-reactive to the chemical components found in batteries. The pasting paper functions as a battery separator, increasing the structural and mechanical strength of a lead battery plate assembly. To ensure a long-lasting binding between the suitable components, pasting paper is designed with pores that respond well to lead acid paste.Pasting paper improves cycling while minimising interference with other substrates in the battery assembly. It can also help with high-rate discharge. Electrolytic stratification resistance and electrolyte-filling efficiency can be improved by using pasted paper.
RESTRAINING FACTORS
"The Excessive Charging Explosions to Restrain the Market Growth"
Excessive charging results in electrolysis, which emits hydrogen and oxygen. The term "gassing" refers to this process. If this occurs (for example, due to overcharging), the valve vents the gas and normalises the pressure, emitting a distinctive acid odour. However, valves might fail due to accumulation of dirt and debris, enabling pressure to build up. Internal explosions can occur when hydrogen and oxygen build up. The intensity of the explosion can cause the casing of the battery to burst or the top to fly off, showering acid and casing pieces. The over charging explosions however, can impede the battery pasting papers market growth.
Battery Pasting Papers Market REGIONAL INSIGHTS
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"Asia Pacific to Lead Market Share as Production Demand Fuels Up and Extensive Utilization"
With a market revenue share of more than quarter in 2021, the Asia Pacific region held the top spot. China is a significant market for the global battery pasting papers market, with a value of USD million expected by 2031. Other important markets in Asia Pacific (Japan and South Korea) are expected to develop at a high percentage rate during the next five years. One of the key aspects that is positively affecting the demand for battery pasting papers market share is the rising automotive sector in the Asia Pacific nations like China and India. Due to the growing use of lead acid batteries in light passenger vehicles, commercial truck batteries, motorcycle batteries and backup power for UPS, data centers and the telecommunication network, the market is anticipated to develop moderately over the projected period.
KEY INDUSTRY PLAYERS
"Key Prominent Players to Drive the Market"
The report analyzes different market players in the industry. The information is published after proper research, analysis of trends, key developments, the introduction of new initiatives, and technological developments and innovations.
List of Market Players Profiled
- Glatfelter (U.S.A)
- Trranova Papers (Miquel y Costas Group) (Spain)
- KUKIL PAPER (South Korea)
- Twin Rivers Paper (U.S.A)
- Bernard Dumas (Hokuetsu Group) (France)
- Pelipaper (Turanlar Group) (Istanbul)
- Hollingsworth & Vose (U.S.A)
- Converted Products, Inc (CPI) (U.S.A)
- Yingkou Rijie Group (China)
- Zhejiang Pengyuan (China)
- JiangSu Dali (China)
- Zhejiang Huitong New Material (China).
REPORT COVERAGE
The report examines elements affecting the demand and supply sides and estimates dynamic market forces for the forecast period. The report offers drivers, restraints, and future trends. After evaluating governmental, financial, and technical market factors, the report provides exhaustive PEST and SWOT analysis for regions. The research is subject to alteration if the key players and probable analysis of market dynamics change. The information is an approximate estimate of the factors mentioned, taken into consideration after thorough research.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 115.6 Million in 2022 |
Market Size Value By |
US$ 173.26 Million by 2031 |
Growth Rate |
CAGR of 4.6% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the battery pasting papers market expected to touch by 2031?
The global battery pasting papers market is expected to touch USD 173.26 Million by 2031.
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What CAGR is the battery pasting papers market expected to exhibit by 2031?
The battery pasting papers market is expected to exhibit a CAGR of 4.6% by 2031.
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What are the driving factors of the battery pasting papers market?
Numerous industrial, automotive applications and the wide array of benefits offered by the pasting papers are the driving factors of the battery pasting papers market.
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Which are the top companies operating in the battery pasting papers market?
Glatfelter, Terranova Papers (Miquel y Costas Group), KUKIL PAPER, Twin Rivers Paper, Bernard Dumas (Hokuetsu Group), Pelipaper (Turanlar Group), Hollingsworth & Vose, Converted Products, Inc (CPI), Yingkou Rijie Group, Zhejiang Pengyuan, JiangSu Dali, Shandong Jinkeli, Zhejiang Huitong New Material and others.