Obvious takeaways from this Report
- Increased adoption of consumption technology will have a positive impact on market growth.
- Cathode connectors account for the largest share of connection type in the market.
- 61% of market growth comes from APAC China and Japan holds the largest proportion of the country.
- The market is highly competitive and crowded with retailers using innovative strategies to continue to maintain and expand their customer base.
- COVID-19 pandemics are expected to have a neutral & market impact.
Check out ToC’s 120-page Technavio research report on “Binder Market for Lithium-Ion Batteries by Type (cathode connectors and anode connectors), Application (power battery, energy storage battery, digital battery, and others) , Geography (APAC, North America, Europe, South America, and MEA) and Vendor Projections, 2021 – 2025 “
https://www.technavio.com/report/binder-market-for-lithium-ion-batteries-market-industry-analysis
Connection market for lithium-ion batteries: an analysis of drivers and trends
Consumption technology has become very popular among sports enthusiasts and athletes as it helps to improve their performance. This has led to a number of affordable device manufacturers to mobilize consistent R&D efforts to introduce lighter products such as flat-cell lithium-ion micro-batteries. Moreover, the greater need for reliable batteries for providing accurate and continuous records of critical information is more likely to offer very significant growth opportunities to the connectivity market for lithium-ion batteries.
The advent of today’s technologies including IoT and cloud-based storage has increased the acceptance of consumer electronic products. In addition, factors such as economic growth, increased literacy rate, and consumer purchasing power have accelerated sales of smart gadgets and consumer electronics. With an increase in sales of these products, there will be a huge demand for raw materials such as lithium-ion batteries in the coming years. This, in turn, is likely to drive the connection market growth for these batteries over the expected period.
Download PDF of Drivers, Restrictions, and Opportunities for Connectivity Market for Lithium-Ion Batteries,
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Binding market for lithium-ion batteries: a separation analysis
This market research report breaks down the global connector market for lithium-ion batteries by type (cathode connectors and anode connectors), application (power battery, energy storage battery, digital battery, and others) , geography (APAC, North America, Europe, South America, and MEA).
The type of cathode fasteners held the largest market share in 2020. Cathode fasteners dry quickly and help to increase the size of product. In addition, their cost-effectiveness and minimal environmental impact make them an operational choice for end users. These benefits are largely dependent on this part continuing with the maximum share over the expected period.
In terms of geographical analysis, 61% of the market growth will come from APAC in the forecast period. Increased sales of electric vehicles (EVs) and rising R&D initiatives in the manufacturing industry in China and Japan they are the main reasons for the highest growth rate in the region.
Connection market for lithium-ion batteries: a vendor analysis
The connection market for lithium-ion batteries is very competitive and full. Several market players try to deliver positive results by differentiating them either based on quality or service. Vendors use a variety of organic and inorganic growth strategies to survive market competition. This report classifies key market players as key players, real play and business focus to offer effective investment opportunities and allow futures to make informed decisions. Key connector players for lithium-ion batteries include:
- APV Engineered Coats Inc.
- Arkema SA
- Ashland Global Holdings Inc.
- BASF SE
- DuPont de Nemours Inc.
- Corp. JSR.
- Kureha Corp.
- Solvay SA
- Targray Technology International Inc.
- Corp. Zeon Corp.
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Find more research reports on Materials Industry by Technavio
- Lithium-Ion Battery Separation Market by Demand and Geography 2021-2025 – The market size of lithium-ion battery separator is growing by USD 2.11 billion in 2021-2025, growing at a CAGR of 11.05% over the expected period.
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Connection Market for Lithium-Ion Battery 2021-2025: Key Highlights
- CAGR of the market in the projected period 2021-2025
- Details of factors that will help connect market growth for lithium-ion batteries in the next five years
- Measurement of bond market size for lithium-ion batteries and its contribution to the parent market
- Predict future trends and changes in consumer behavior
- Growth of the bond market for lithium-ion batteries
- Analysis of the competitive market landscape and detailed information on vendors
- Complete details of factors that challenge the growth of market sellers
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