Press release
Global Lithium ion battery binder Market Size, Growth Analysis Report, Forecast to 2021-2027
The global lithium ion battery binders market is anticipated to grow at a CAGR of 13.5% during the forecast period (2021-2027). The increasing rate of lithium ion battery production facility expansion is anticipated to create demand for lithium ion battery binders which in turn will drive the market growth. For instance, in April 2021, Lithium-ion battery pack manufacturer Lohum announced its plans to invest up to $0.34 million in the next three years to enhance its capacity with plans to foray into electric four-wheeler battery segment. With this the company’s manufacturing capacity of 300 megawatt-hours per annum, is anticipated to reach "gigawatt-hour scale" to respond to the surge in demand from the electric vehicles segment.(Get 15% Discount on Buying this Report)
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Further, in January 2020, Automotive Electronics Power Private Ltd. (AEPPL), a joint venture between Japanese majors Toshiba, Denso, and Suzuki announced to invest $510 million in the second phase of its lithium-ion battery production facility at Hansalpur, Gujarat. Additionally, in December 2020, Tata Chemicals Ltd. had announced its plans to start building a manufacturing facility for lithium-ion cells in Gujarat seeking incentives under the Production Linked Incentive Scheme (PLI) scheme. Such huge investment in lithium ion battery production facilities is anticipated to drive the market growth.
A Full Report of Global Lithium ion battery binder Market is Available at: https://www.omrglobal.com/industry-reports/lithium-ion-battery-binder-market
Global Lithium Ion Battery Binders Market Report Segment
By Type
Cathode Binder
Anode Binder
By End-User Industry
Consumer Electronics
Automobile
Aerospace & Defense
Others
Global Lithium Ion Battery Binders Market Report Segment by Region
North America
US
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
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