Ceramic Coated Separator Market Size, Share, Growth, and Industry Analysis by Type (Polyolefin Separator, Polyester Non-Woven) By Application (Consumer Electronics, Power Battery, Industry and Energy Storage), Regional Insights, and Forecast To 2031

Updated On: 01 April 2024

Ceramic Coated Separator Market Report Overview

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The global ceramic coated separator market size was USD 1608.6 million in 2021 and is expected to be USD 15355.15 million in 2031, exhibiting a CAGR of 25.3% during the forecast period.

As a result of the surge in demand for consumer electronics and electric cars, the market for ceramic coated separators will expand significantly in the forthcoming years. The enormous demand for consumer electronics products stems from their broad appeal. However, the consumer electronics sector is the primary market for lithium-ion batteries. Furthermore, the number of electric vehicle (EV) sales has increased, and in recent years, EVs have become the leading consumers of lithium-ion batteries.

Strict environmental regulations have augmented ceramic coated separator market share dramatically in recent years. Global demand for battery separators is being driven by growing population and industrialization, as well as rising demand for electric mobility and other battery-related technical breakthroughs. Additionally, the popularity of electric vehicles (EVs) has grown recently, and they are now the main users of lithium-ion batteries. As a result of the increase in demand for electronic goods and electric cars, the market for ceramic coated separators will expand significantly.

COVID-19 Impact: Pandemic-related Disruptions Impacted Market Dynamics

The global COVID-19 pandemic has been unprecedented and staggering, with of ceramic coated separator experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the ceramic coated separator market growth and demand returning to pre-pandemic levels once the pandemic is over.

The worldwide economy and all global industries have been negatively influenced by COVID-19. Global supply chain disruptions are the result of lockdowns being implemented and the temporary suspension of local and international travel. Due to the sharp drop in product demand, economies all around the world have suffered. The pandemic-related lack of raw materials has curtailed output across many industries. Many companies have been compelled to close their production facilities as a result. When determining the pandemic's overall effects, the length of the viral spread continues to be a crucial consideration. Therefore, COVID-19 is having an impact on the ceramic coated separator market. As a result, the predicted annual market growth rate experienced a decrease during the COVID-19 pandemic.

LATEST TRENDS

"Acquisitions and New Product Launches by Market Players to Augment Growth"

The market for ceramic coated separators is booming, with exponential demand across a range of end-use applications. To meet the growing demand, market players are making active efforts by ramping up their production capacities. For instance, in March 2021, Asahi Kasei stated that it will boost the capacity of its factory in Miyazaki, Japan, to produce Hipore Li-Ion battery separators. Companies are also adopting strategies such as acquisitions to strengthen their market position. Citing an instance, in January 2022, material handling equipment maker Adaptive Engineering & Fabrication was acquired by Entek Manufacturing. Active efforts by market players will strengthen the ceramic coated separator market outlook in the coming years. 

Ceramic Coated Separator Market Segmentation

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• By type

Depending on material ceramic coated separator uses type like polyolefin separator, polyester non-woven. The polyester non-woven segment will capture the maximum market share through 2028.

• By Application

The market is divided into consumer electronics, power battery, industry and energy storage based on application. the consumer electronics segment will hold the dominant market share over 2022-2028.

DRIVING FACTORS

"High Demand Across Key End-use Industries to Foster Market Development"

Separator demand will be driven by increased demand in a wide variety of industries, notably consumer electronics and automotive, throughout the forecasted period. The rising usage of wet separators and micro grids in the automobile industry is also expected to improve the market share for battery separators. A growth in lithium-ion battery demand driven on by the rising popularity of electronic automobiles will boost the demand for ceramic coated separator. As a result, one of the key factors driving the growth of the battery separator market is the increasing demand for electric vehicles (EVs). Due to growing public awareness of EVs and HEVs, manufacturers are being encouraged to build battery-powered vehicles, which are raising demand. Due to the fast increase in the demand for extremely effective batteries across a range of end-use industries, the market for ceramic coated separator is also growing. Another element boosting the ceramic coated separator market expansion is the increased need to improve battery reliability and consistency without sacrificing performance or cost.

"Rising Vehicle Electrification to Transform Market Outlook in Future"

Due to government incentives and rules that in many countries demand for the phase-out of internal combustion engine cars, manufacturers are investing hundreds of millions in electric vehicles. In light of growing crude oil costs, electricity is viewed as a competitive alternative to fuel oil due to the additional advantages of quiet engines and zero local emissions. Laptops, mobile phones, digital cameras, and other comparable equipment, as well as wireless electrical and electronic equipment, are regularly used. For products like mobile phones and portable consumer gadgets, batteries are still the preferred power source. Due to advancements in battery technology and innovation as well as the usage of batteries in energy storage devices, the industry is expanding. Instead of studying lithium-ion batteries with liquid electrolytes, researchers are concentrating on batteries with solid-state electrolytes. Recently, there have been significant advancements achieved in the field of ceramic coated separators and their application in EVs, which will positively influence the market trends.

RESTRAINING FACTORS

"Concerns Associated with Safety and Disposal to Hamper Demand "

Ceramic coated separators are constructed of chemicals, so when they disintegrate, they contaminate groundwater and might cause fires in landfills, both of which are extremely dangerous situations. As a result, problems with battery safety and improper disposal might have a negative impact on the environment and eventually contribute to global warming. The market share for ceramic coated separator faces substantial challenges as a result of this factor. Additionally, bigger ceramic coated separator isn’t profitable. The efficacy of batteries and their ability to store energy is another key hindrance to the overall expansion of the ceramic coated separator industry. These factors may impact the ceramic coated separator market share slightly.

Ceramic Coated Separator Market Regional Insights

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"Asia Pacific to Dominate Owing to Rising Production of Battery Components"

The market for ceramic coated separators is predicted to be dominated by Asia Pacific due to the huge demand for battery components in developing countries like China and India. Governments in Europe are starting to offer subsidies for the manufacturing of electric vehicles, which will increase the need for battery separators in EV batteries. Recently, this region has transformed into a hub for the production of autos, opening up new avenues and opportunities for the OEM industry. To speed the adoption of electric cars, many North American governments have joined together to form the Electric Vehicles Initiative (EVI).

KEY INDUSTRY PLAYERS

"Market Players Focus on New Product Launches to Strengthen Market Position"

Leading players in the market are adopting various strategies to expand their presence in the market. These include R&D investments and launch of new, technologically-advanced products in the market. Some companies are also adopting strategies such as partnerships, mergers, and acquisitions to strengthen their market position.

List of Market Players Profiled

• AsahiKasei (Celgard) (Japan)
• SK Innovation (South Korea)
• UBE-Maxell (Japan)
• W-Scope (Japan)
• Mitsubishi Paper Mills
• Entek (Lebanon)
• Freudenberg (Germany)
• SEMCORP (China)
• Shanghai Putailai New Energy (China)
• Shenzhen Senior Technology (China)
• Sinoma Science & Technology (China)
• Green Zhongke (China)
• Cangzhou Mingzhu (China)
• Yuntianhua Newmi-Tech (China)

REPORT COVERAGE

Analysis shows that the production of electric vehicles has dramatically increased in recent years as a result of increased government efforts to reduce reliance on fossil fuels. Two Asia-Pacific countries that have evolved into hubs for the production of electronic vehicles are China and Japan. The demand for battery separators in these countries is anticipated to increase significantly. Additionally, throughout the course of the anticipated period, product demand will continue to rise as energy storage devices become more widespread and the electronics industry continues to develop. However, it is anticipated that rigorous regulations on the use of polymeric materials and security issues related to the use of batteries in a variety of applications would hinder the market growth of the battery separator market.