Lead Acid Battery Separator Market: What Represents The Key Growth Factors? 2024-2031 Porter's Five Forces Analysis - Asahi Kasei Corporation, Entek International LLC, Bernard Dumas, Daramic (Part of Asahi Kasei Corporation)

DataM Intelligence has released a new research report on the Lead Acid Battery Separator market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.

The Global Lead Acid Battery Separator Market reached US$ 2.9 billion in 2023 and is expected to reach US$ 5.2 billion by 2031, growing with a CAGR of 8.4% during the forecast period 2024-2031.

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A lead acid battery separator is a critical component within lead acid batteries that electrically isolates the positive and negative plates while allowing ionic transport between them. Typically made from materials such as polyethylene, polypropylene, or fiberglass, these separators prevent short circuits and enhance the battery's performance by maintaining proper spacing between the electrodes. Additionally, separators contribute to the overall efficiency, lifespan, and safety of lead acid batteries by minimizing the risk of physical contact between the plates and controlling electrolyte flow.

List of the Key Players in the Lead Acid Battery Separator Market:

Asahi Kasei Corporation, Entek International LLC, Bernard Dumas, Daramic (Part of Asahi Kasei Corporation), USEON Technology Limited, MICROPOROUS, LLC, Hollingsworth ＆ Vose, AMER-SIL, Sebang Industrial Co., LTD, Qidong Hengyi Power Supply Co., Ltd.

Key Developments:

On October 31, 2023, Asahi Kasei announced its investment in new equipment for coating Hipore lithium-ion battery (LIB) separators. The company plans to establish new coating lines at its LIB separator facilities in the U.S., Japan, and South Korea, with operations expected to commence in the first half of fiscal year 2026.

On October 27, 2021, Toray Industries, Inc. revealed a joint venture agreement with LG Chem, Ltd., in which LG Chem will invest approximately $375 million in Toray Industries Hungary Kft. (THU), a wholly-owned subsidiary focused on the production and sales of battery separator film. This partnership will result in the formation of a new entity, LG Toray Hungary Battery Separator Kft. (LTHS), with both Toray and LG Chem holding equal stakes.

On September 12, 2023, KORE Power, Inc. announced its plans to integrate ENTEK lithium separators from Terre Haute, Indiana, into its Arizona-based KOREPlex battery cells. The agreement entails KORE sourcing separators for NMC and LFP battery cells from ENTEK, starting when the Indiana facility becomes operational in 2025. ENTEK is set to provide separators for the initial 7 GWh capacity of KOREPlex, with options for a potential second phase that could significantly increase supply.

Research Process:

Both primary and secondary data sources have been used in the global Lead Acid Battery Separator Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Segment Covered in the Lead Acid Battery Separator Market:

By Material: Polyethylene, Polypropylene, Absorber Glass Mat (AGM), Others

By Thickness: Below 20 micrometers (µm), 20 µm to 50 µm, 50 µm to 100 µm, Above 100 µm

By Layer: Single-Layer, Multilayer, Microporous, Others

By Technology: Dry, Wet

By Application: Industrial, Electronics, Automotive, Others

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Regional Analysis:

➣ North America (US, Canada, Mexico)

➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)

➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)

➣ South America (Brazil, Argentina, Rest of South America)

➣ Middle East and Africa

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Lead Acid Battery Separator market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Lead Acid Battery Separator Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Lead Acid Battery Separator market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Lead Acid Battery Separator Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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The Research Report Offers Answers To The Following Questions:

☛ What is the expected growth rate of the global market for the forecast period?

☛ What are the key driving factors that are responsible to shape the fate of the Lead Acid Battery Separator market during the forecast period?

☛ What will be the overall size of the market during the analysis period?

☛ What are the prominent market trends which influence the development of the Lead Acid Battery Separator market across various regions?

☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?

☛ What are the challenges and threats that are likely to act as a barrier to the growth of the Lead Acid Battery Separator market?

☛ What are the major opportunities that the companies can get to attain success in the world?

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