Elastic Battery Binders Market Exclusive insight on Transformation 2031

𝐄𝐥𝐚𝐬𝐭𝐢𝐜 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐁𝐢𝐧𝐝𝐞𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝟐𝟎𝟑𝟏

• The global elastic battery binders market was valued over US$ 0.4 Bn in 2021
• It is estimated to grow at a CAGR of 17.1% from 2022 to 2031
• The global elastic battery binders market is expected to cross US$ 2.1 Bn by the end of 2031

𝐕𝐢𝐞𝐰 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/elastic-battery-binders-market.html

𝐀𝐧𝐚𝐥𝐲𝐬𝐭𝐬' 𝐕𝐢𝐞𝐰𝐩𝐨𝐢𝐧𝐭 𝐨𝐧 𝐆𝐥𝐨𝐛𝐚𝐥 𝐄𝐥𝐚𝐬𝐭𝐢𝐜 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐁𝐢𝐧𝐝𝐞𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐜𝐞𝐧𝐚𝐫𝐢𝐨

Polymer binders play a crucial role in maintaining mechanical integrity of electrodes in batteries such as lithium-ion and sodium-ion. Conventional polymer binders lack elasticity. They are not suitable for high-performance silicon anodes in lithium-ion batteries featuring high volume change during cycling. Therefore, manufacturers are focusing on new and highly elastic battery binders for various purposes such as overcoming stress dissipation of silicon anodes during the charge-discharge cycle in lithium-ion batteries. The market is estimated to witness growth, owing to the numerous uses of elastic battery binders. For instance, polyurethane (PU) is used as hybrid aqueous elastic binder. PU exhibits higher elasticity, tensile strength, and adhesion compared to common aqueous binders due to its segmented structure with hard and soft domains. Hence, highly elastic battery binders can be used to improve electrochemical performance in terms of cyclic stability and rate capability of electrodes in lithium-ion and sodium-ion batteries. The automotive and transportation end-use segment is estimated to dominate the global elastic battery binders market during the forecast period due to the increase in demand for elastic battery binders in electric vehicles. Therefore, manufacturers need to tap incremental opportunities in elastic battery binders for its numerous uses in batteries such as lithium-ion and sodium-ion.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=84840

𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 𝐨𝐟 𝐆𝐥𝐨𝐛𝐚𝐥 𝐄𝐥𝐚𝐬𝐭𝐢𝐜 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐁𝐢𝐧𝐝𝐞𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

Polymer binder materials are key components of electrochemical energy storage devices. The demand for high-energy density devices is increasing across the globe. Therefore, innovative new polymer binder materials that build on the fundamental understanding of physical phenomena and structure-property relationships would be required to enable high-capacity next-generation battery chemistries. For instance, lithium-ion batteries have become one of the key choices for energy supply in portable electronic products. However, new high-performance anodes are needed to replace conventional carbon-based anodes considering the increase in energy output. Silicon anode is regarded as a promising candidate due to its high theoretical capacity. However, silicon anode suffers drastic capacity loss and short cycle life due to volumetric change accompanied by the lithiation/delithiation process. Elastic binders have a significant impact on the electrochemical performance of silicon-based anodes that lithiate with vast volume expansion.
Elastic battery binders are used in various end-use segments such as automotive and transportation, consumer electronics, energy storage system, aerospace and defense, and industrial.

𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=84840

𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐆𝐥𝐨𝐛𝐚𝐥 𝐄𝐥𝐚𝐬𝐭𝐢𝐜 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐁𝐢𝐧𝐝𝐞𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

Leading producers of elastic battery binders across the globe include Gelon LIB Group, Fairmont Industries, BASF, The Lubrizol Corporation, and Arkema. The market was highly competitive in 2021, owing to the presence of various small- and medium-scale manufacturers. Asia Pacific is the major region of the global elastic battery binders market due to the presence of many small manufacturers. China and India are the key exporters of elastic battery binders across the globe. Most of the manufacturers of elastic battery binders have integrated operations to save upon production and operation costs, and thus increase their revenue.

Each of these players has been profiled in the elastic battery binders market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=84840

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

Rohit Bhisey
Transparency Market Research Inc.
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