Global Lithium-Ion Battery Separators Market Size will Reach $4470.35 Million in 2023

Global Lithium-Ion Battery Separators Market Overview

According to Global Market Monitor, the global lithium-ion battery separators market size will reach $4470.35 million in 2023 with a CAGR of 9.35% from 2023 to 2028.

Owing to the demand for “green”’ products, lithium-ion batteries have received considerable attention as an energy storage system.Although the separator, which is placed between the anode and the cathode, is not directly involved in electrochemical reactions, its structure and properties play an important role in cell performance. The primary purpose of the separator is to prevent the physical contact of electrodes while serving as the electrolyte reservoir to enable ion transport. 

Lithium-Ion Battery Separators Market Drivers

The lithium battery separator industry has a broad market prospect and huge development potential. At present, the low-end products in the industry have entered the competitive stage. Corporate profits are becoming more and more even and industry integration and market segmentation are about to be completed. In the future, the overall product price of the lithium battery separator industry will further decline, and more product innovations will meet the different needs of downstream industries.The development of the lithium-ion battery separator material industry depends on the market demand for lithium-ion battery, and the sales of the lithium-ion battery is determined by the development of the downstream application market. With the increasing popularity of consumer electronics products such as smartphones and tablet computers, the demand for lithium batteries in this field will further increase. At the same time, with the rise of the concept of environmental protection power, the next ten years will be the golden development period for automotive lithium batteries. The rapid development of the industry will bring huge opportunities to the development of upstream industries, including the separator industry.

Asia Pacific dominates the market.

In 2022, Asia-Pacific dominated the global lithium battery supply chain market. Countries including China, Japan, and South Korea in the region are leading the way. Australia, India, and Vietnam are also following plans to set up lithium battery manufacturing facilities in their countries during the forecast period.

Huiqiang New Energy Recent Development

Huiqiang New Energy is a representative enterprise in the field of dry process separators in China and is a high-tech enterprise focusing on the research and development, production, and sales of high-quality lithium-ion battery separators. Huiqiang New Energy is the first to launch the core products of a super-strong three-layer co-extrusion diaphragm (PP/PP/PP) and intelligent ultra-safe three-layer co-extrusion diaphragm (PP/PE/PP). The former has higher strength, faster liquid absorption, more liquid retention, and better electrical conductivity and the latter one plays a better safety role. There are four manufacturing bases including Henan Zhumadian, Hubei Wuhan, Hubei Xiangyang, and Anhui Chaohu, and two provincial special film R&D centers of the company. The annual production capacity of the four bases is about 2.86 billion square meters, reaching the head position in scale and brand. BYD is the largest customer of Huiqiang New Energy and Contemporary Amperex Technology Co., LimitedCATL ranks the second largest.

Company Name	Huiqiang New Energy
Website	en.hqnem.com
Established Time	2012
Manufacturing Bases	Mainly in China
Sales Region	Worldwide
Headquarters	China
Product Introduction	Focus on the production, sales, and R&D of new products and materials such as three-layer co-extrusion lithium battery film with different materials of PP and PE and the same material of PP, PI film resistant to the high temperature of 350 °C, lithium battery composite film and solid electrolyte film, PVDF coated film and ceramic coated film.