Binder-free Electrode Market Reflect Impressive Growth Rate to During 2031

𝘽𝙞𝙣𝙙𝙚𝙧-𝙛𝙧𝙚𝙚 𝙀𝙡𝙚𝙘𝙩𝙧𝙤𝙙𝙚 𝙈𝙖𝙧𝙠𝙚𝙩 𝙊𝙪𝙩𝙡𝙤𝙤𝙠 2031
The global binder-free electrode market is expected to reach valuation of US$ 119.9 Mn by 2024
It is estimated to grow at a CAGR of 18% from 2025 to 2031
The global binder-free electrode market is projected to reach value of US$ 381.9 Mn by the end of 2031

𝐑𝐞𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 - https://www.transparencymarketresearch.com/binder-free-electrode-market.html

𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 𝐨𝐟 𝐁𝐢𝐧𝐝𝐞𝐫-𝐟𝐫𝐞𝐞 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐝𝐞 𝐌𝐚𝐫𝐤𝐞𝐭
Lithium-ion batteries (LIB) have been widely used as energy supply and storage systems in electronics, electric vehicles, and utility grids. However, there is a growing need to increase the energy density of LIB. As a result, development of new electrode materials with high energy density is important. Binder-free electrode is a promising electrode for addressing some of the issues associated with lithium-ion batteries. Firstly, the interface issue of the binder and active materials can be resolved by fixing the active material directly to the conductive substrate. Secondly, the large volume expansion of active materials can be accommodated by the porosity of the binder-free electrode. Third, the ion and electron conductivity can be enhanced by the close contact between the conductive substrate and the active material. As a result, binder-free electrode exhibits excellent electrochemical performances.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=84824

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐢𝐧 𝐏𝐫𝐞𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝐨𝐟 𝐍𝐨𝐧-𝐇𝐚𝐳𝐚𝐫𝐝𝐨𝐮𝐬 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐝𝐞 𝐟𝐨𝐫 𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭𝐚𝐥 𝐒𝐚𝐟𝐞𝐭𝐲 𝐭𝐨 𝐃𝐫𝐢𝐯𝐞 𝐁𝐢𝐧𝐝𝐞𝐫-𝐟𝐫𝐞𝐞 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐝𝐞 𝐌𝐚𝐫𝐤𝐞𝐭
Traditional electrodes with binders contain hazardous solvents that have a negative impact on the environment. Environmental concerns have largely driven the development of renewable energy and new environmentally-friendly energy storage systems. Batteries are regarded as important energy storage systems due to the intermittent nature of renewable energy sources. Lithium-ion batteries (LIBs) have attracted considerable interest due to their high energy and power density, high cell voltage, wide operating temperature range, and long cycle life. Increase in demand for LIBs with higher capacity and smaller size is expected to lead to the development of active materials with high specific capacity and reduction of inactive materials. The traditional binder is being replaced with a conductive substrate that serves as a binder-free electrode to reduce inactive materials, where active materials can be anchored on special adhesion sites of conductive substrates. Active materials firmly adhere on the conductive substrate, which highly improves the electron conductivity. Therefore, energy density can be largely improved.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=84824

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐨𝐟 𝐆𝐥𝐨𝐛𝐚𝐥 𝐁𝐢𝐧𝐝𝐞𝐫-𝐟𝐫𝐞𝐞 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐝𝐞 𝐌𝐚𝐫𝐤𝐞𝐭
In terms of value, Asia Pacific is expected to account for 73.2% share of the global binder-free electrode market by 2024. This trend is expected to continue during the forecast period. Asia Pacific is anticipated to offer immense opportunities for binder-free electrodes during the forecast period, due to the rise in usage of binder-free electrodes in various end-use industries such as automotive and transportation, consumer electronics, energy storage system, aerospace and defense, and industrial. North America is expected to hold 12.5% share of the global binder-free electrode market by 2024, owing to the high demand for energy storage systems such as lithium-ion batteries, sodium-ion batteries, and potassium-ion batteries in the region.

𝐌𝐚𝐤𝐞 𝐚𝐧 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=84824

𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐆𝐥𝐨𝐛𝐚𝐥 𝐁𝐢𝐧𝐝𝐞𝐫-𝐟𝐫𝐞𝐞 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐝𝐞 𝐌𝐚𝐫𝐤𝐞𝐭
The global binder-free electrode market is consolidated, with a small number of large-scale vendors controlling majority of the share. Most of the firms are investing substantially in comprehensive research and development activities, primarily to develop environmentally-friendly products. Expansion of product portfolios and mergers & acquisitions are the key strategies adopted by key players. Leading producers of binder-free electrode across the globe include Graphite India Limited, SGL Carbon, Tokai Carbon, HEG India, and Nippon Carbon Japan.
Each of these players has been profiled in the binder-free electrode market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭

Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

This release was published on openPR.