Lead Acid Battery Separator Market Detailed In Recent Development To Grow At A Steady Growth Rate By 2024-2031 | Asahi Kasei Corporation, Entek International LLC, Bernard Dumas, Daramic (Part of Asahi Kasei Corporation)

Lead Acid Battery Separator Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the Lead Acid Battery Separator market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research data from various companies, including their benefits, gross margins, and strategic decisions in the global market, all conveyed through tables, charts, and infographics.

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What is the projected growth rate (CAGR) of the Global Lead Acid Battery Separator market from 2024 to 2031, and what is the market value expected to change by 2031?

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.

What is Lead Acid Battery Separator Market?

A lead-acid battery separator is a porous barrier placed between the positive and negative plates in a lead-acid battery. Its primary function is to prevent direct contact between the plates while allowing the free flow of electrolyte, which is essential for the electrochemical reactions that generate electricity. The separator plays a crucial role in enhancing the battery's performance, lifespan, and safety by preventing short circuits, minimizing self-discharge, and accommodating the expansion and contraction of the plates during operation. Common materials used for separators include microporous polyethylene and glass fiber.

Rising Circular Economy Initiatives
Circular economy initiatives are progressively influencing the lead-acid battery separator market. These initiatives aim to enhance the value of products and materials by extending their lifespan, minimizing waste, and encouraging recycling and reuse. By fostering a more sustainable approach, these practices contribute to resource conservation and reduce the environmental impact associated with lead-acid battery production and disposal.

Key Players:

Profiles of some of the major players in the global Lead Acid Battery Separator market, which include:

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.

Industry Development:

On October 31, 2023, Asahi Kasei announced an investment in new equipment for coating Hipore lithium-ion battery (LIB) separators. The company will establish new coating lines at its LIB separator plants located 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. Under this partnership, LG Chem will invest approximately $375 million in Toray Industries Hungary Kft. (THU), a wholly-owned subsidiary dedicated to producing and selling battery separator film. This collaboration will result in the formation of a new entity, LG Toray Hungary Battery Separator Kft. (LTHS), with both Toray and LG Chem holding a 50% stake.

On September 12, 2023, KORE Power, Inc. announced that it would integrate ENTEK lithium separators from Terre Haute, Indiana, into its Arizona KOREPlex battery cells. The agreement stipulates that KORE will begin purchasing separators for its NMC and LFP battery cells from ENTEK once the Indiana facility becomes operational in 2025. ENTEK is expected to supply separators for KOREPlex's initial 7 GWh capacity, with the potential for a second phase that could significantly increase supply.

The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Lead Acid Battery Separator market.

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Market Segments:

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.

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

Regional Break out:

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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