Enjoy complimentary customisation on priority with our Enterprise License!
The binder for lithium-ion batteries market size is forecast to increase by USD 7.31 billion at a CAGR of 34.28% between 2023 and 2028. The global binder market for lithium-ion batteries is experiencing significant growth due to several key trends and factors. The automotive industry's shift towards electric vehicles (EVs) is one of the primary drivers, as lithium-ion batteries are the preferred choice for powering these vehicles. Additionally, the growing adoption of lithium-ion batteries in energy storage applications, such as renewable energy systems and grid storage, is also fueling market growth. However, the presence of substitutes for lithium-ion batteries, such as lead-acid and nickel-cadmium batteries, poses a challenge to market growth. Despite this, the market is expected to continue expanding due to advancements in battery technology, increasing demand for sustainable energy solutions, and government initiatives to reduce carbon emissions.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.