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Lithium-Ion Battery Dispersant Market | Key players operating in the market include Ashland, Kao Corp, LG Chem, Toyocolor, The Lubrizol Corp

01-04-2023 12:58 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

Lithium-Ion Battery Dispersant Market, Lithium-Ion Battery Dispersant

Lithium-Ion Battery Dispersant Market, Lithium-Ion Battery Dispersant

According to recent market research the "Lithium-Ion Battery Dispersant Market by Type (Block Co-Polymers, Naphthalene Sulfonates, Lignosulfonates, Others), End-Use (Consumer Electronics, Military, Electric Vehicles, Industrial, Others) and Region - Global Forecast to 2027", is estimated to grow from USD 735 million in 2022 to USD 1,285 million by 2027, at a CAGR of 11.8% during the forecast period. Development of smart devices and other industrial goods using lithium-ion battery is driving the growth of lithium-ion battery dispersant market.

Browse 124 market data Tables and 40 Figures spread through 126 Pages and in-depth TOC on "Lithium-Ion Battery Dispersant Market - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/lithium-ion-battery-dispersant-market-170323612.html

The Block Co-polymer segment is expected to hold the largest share of the lithium-ion battery dispersant market, during the forecast period

The block co-polymer segment is expected to lead the lithium-ion battery dispersant market during the forecast period by value. Block co-polymers are effective for dispersing pigments in organic liquids. They are used to form pigment dispersions that are used in a variety of solvent-borne coating compositions. Such pigment dispersions are widely used in lithium-ion batteries. Thus, growth in lithium-ion batteries will drive the market for the segment.

Among end-use, electric vehicle is the largest segment in the lithium-ion battery dispersant market

The electric vehicle segment is expected to lead the lithium-ion battery dispersant market during the forecast period by value. A significant portion of the population in countries such as China and Germany are shifting towards electric vehicles, creating the market for lithium-ion batteries. Thus, growth in lithium-ion batteries will bolster the demand for lithium-ion battery dispersant.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=170323612

The market size of lithium-ion battery dispersant is estimated to grow from USD 735 million in 2022 to USD 1,285 million by 2027, at a CAGR of 11.8% during the forecast period. The lithium-ion battery dispersant market has been growing at a moderate pace over the past five years, owing to rapid technological advancements and expansion in the electric vehicle sector. Key players in the lithium-ion battery dispersant market include. Ashland (US), Kao Corporation (Japan), LG Chem (South Korea), Toyocolor Co., Ltd. (Japan), The Lubrizol Corporation (US), Croda International PLC (UK), Borregaard AS (Norway).

Substantial investments have been made in the past few years by the key players to address the growing demand for lithium-ion battery dispersant. These players have been focusing on product launches to cater to the increasing demand for lithium-ion battery dispersant in the market.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=170323612

LG Chem is one of the largest manufacturers and distributors of lithium-ion battery dispersant. LG Chem is one of the leading chemical manufacturing companies and offers its products under five product segments-petrochemicals, energy solutions, advanced materials, life sciences, and common & others. Along with lithium-ion battery dispersant, the company also offers various kinds of IT materials such as polarizers, automotive materials for LCD photoresists, OLED materials, battery materials and others, as well as reverse osmosis (RO) membrane. The dispersant offered by the company is specially focused on applications such as automobile batteries which is the growing market for lithium-ion battery. The company has more than 20 subsidiaries. It has a regional presence in Asia Pacific, Europe, and North America.

Ashland is one of the major players which provide specialty materials to cater to a wide range of applications, including architectural coatings, construction, energy, food & beverage, nutraceuticals, personal care, and the pharmaceutical industry. The company offers its products under four segments-life sciences, personal care & household, specialty additives, and intermediates & solvents. Ashland sells the dispersant used for lithium-ion batteries under the Soteras brand. Ashland offers lithium-ion battery dispersant for a water-based slurry of lithium-ion battery electrode preparation, which is used both for anode and cathode preparation. The company has R&D centers and a regional presence in North America, Europe, and Asia Pacific.

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