Battery Coating

Battery Coating Market Outlook

The global battery coating market is projected to reach a value of approximately $7.5 billion by 2035, with a compound annual growth rate (CAGR) of around 12.5% from 2025 to 2035. This growth can be attributed to the increasing demand for efficient energy storage solutions across various sectors, particularly in consumer electronics and electric vehicles. The rising adoption of advanced battery technologies that improve energy density and longevity is also pushing the demand for specialized battery coatings. Furthermore, stringent regulations regarding battery safety and performance are prompting manufacturers to invest in high-quality coating solutions. As sustainability becomes a priority, the market for eco-friendly coating materials is gaining momentum, which is expected to enhance the battery coating market's growth.

Growth Factor of the Market

The growth of the battery coating market is primarily driven by the escalating need for energy-efficient batteries due to the global transition towards greener energy sources. As industries shift from fossil fuels to renewable energy, the demand for advanced battery technologies, which require specialized coatings, is surging. Additionally, the automotive sector is witnessing a dramatic rise in electric vehicle (EV) production, necessitating the development of batteries with higher performance and safety standards. Innovations in battery chemistry, such as the rise of solid-state batteries, further require advanced coating solutions to maximize efficiency and lifespan. The consumer electronics sector also plays a significant role, with the proliferation of smartphones, tablets, and wearable devices contributing to a growing need for high-performance batteries. The increasing investment from governments and private sectors into energy storage solutions is also expected to boost the demand for battery coatings in the coming years.

Key Highlights of the Market

• Projected market growth from $3.2 billion in 2025 to $7.5 billion by 2035.
• CAGR of approximately 12.5% during the forecast period.
• Liquid coating segment anticipated to dominate the market share.
• Strong demand from the electric vehicle sector driving innovation in battery technologies.
• Increasing focus on sustainability and eco-friendly materials in battery production.

By Product Type

Liquid Coating:

Liquid coatings are one of the most widely used types in the battery coating market due to their ability to provide a uniform and effective protective layer on battery cells. They are particularly favored for their ease of application and can be tailored to meet specific performance requirements, such as thermal stability and conductivity. Liquid coatings often incorporate various additives to enhance their properties, making them suitable for a wide range of applications, including consumer electronics and automotive batteries. As manufacturers increasingly seek to optimize battery life and performance, the demand for liquid coatings is expected to grow steadily, supported by continuous advancements in formulation technologies.

Solid Coating:

Solid coatings have gained traction in the battery coating market due to their robustness and superior protective qualities. Unlike liquid coatings, solid coatings provide a more durable shell around battery components, which can enhance the overall safety and performance of batteries, particularly in high-stress environments such as automotive and aerospace applications. The solid coating technology often incorporates polymers or ceramics that can withstand extreme temperatures and prevent short circuits. As the market moves toward higher energy densities and safety standards in battery production, the solid coating segment is anticipated to expand, driven by innovations in material science and engineering.

Powder Coating:

Powder coatings are gaining popularity in the battery coating market due to their environmentally friendly properties and ability to provide a thick protective layer. This type of coating is applied as a dry powder and then cured under heat, resulting in a durable finish that is resistant to scratching, chipping, and corrosion. Powder coatings are particularly appealing for industrial applications where durability is crucial. As demand for battery longevity and performance rises, powder coatings are becoming a viable option for manufacturers looking to enhance their products while meeting regulatory standards for emissions and sustainability.

Nano Coating:

Nano coatings represent a cutting-edge technology in the battery coating market, characterized by their ability to provide high levels of protection and functionality at a microscopic scale. These coatings can enhance properties such as thermal conductivity, corrosion resistance, and even self-healing capabilities. The integration of nanomaterials into battery coatings can lead to significant improvements in the performance and lifespan of batteries, particularly in demanding applications such as electric vehicles and renewable energy storage. As research and development in nanotechnology continue to advance, the adoption of nano coatings in the battery industry is expected to increase, fostering innovations that meet the growing energy demands of modern society.

Ceramic Coating:

Ceramic coatings are highlighted for their exceptional thermal stability and mechanical strength, making them a preferred choice in high-performance battery applications. They provide a protective layer that can withstand extreme temperatures and harsh environmental conditions, thereby enhancing battery safety and performance. Ceramic coatings can also improve the electrochemical properties of battery materials, which is crucial for applications in aerospace and automotive sectors. The increasing focus on battery safety and performance standards is likely to drive the demand for ceramic coatings, as manufacturers seek to ensure that their products can operate reliably under a range of conditions.

By Application

Consumer Electronics:

The consumer electronics sector is one of the largest applications for battery coatings, driven by the growing demand for portable devices such as smartphones, tablets, and laptops. As technology advances, consumers are seeking longer-lasting and more efficient batteries, which necessitates the development of high-performance coatings that can enhance energy density and longevity. Battery manufacturers are increasingly investing in coating technologies to meet these demands, focusing on formulations that can provide better thermal management and protection against wear and tear. As the trend towards more sophisticated consumer electronics continues, the need for innovative battery coatings is expected to grow significantly.

Automotive:

In the automotive sector, the demand for advanced battery coatings is surging due to the rapid proliferation of electric vehicles (EVs) and hybrid vehicles. Battery performance and safety are critical for automotive applications, and manufacturers are focusing on coatings that enhance energy storage capabilities while ensuring safety features are in place to prevent battery failures. This application segment is particularly driving advancements in solid-state and lithium-ion battery technologies, pushing for the development of coatings that can withstand higher voltages and temperatures. The automotive industry's shift towards electrification is a significant factor propelling the growth of battery coatings within this segment.

Energy Storage:

Energy storage applications, particularly in renewable energy technologies like solar and wind, are becoming increasingly crucial in the battery coating market. As more organizations invest in large-scale battery storage systems, the need for durable and efficient battery coatings that enhance performance and lifespan becomes evident. These systems require coatings that can endure multiple charge and discharge cycles while maintaining efficiency. Innovations in coating technologies are essential to meet the rigorous demands of energy storage applications, and the market is witnessing significant investments aimed at optimizing battery performance in this segment, driven by the global push towards sustainable energy solutions.

Medical Devices:

The medical devices sector presents a unique opportunity for battery coatings, as the demand for portable and reliable medical equipment continues to rise. Batteries in medical devices must meet stringent safety and performance standards, necessitating specialized coatings that offer protection against moisture and corrosion. As healthcare technology advances, battery manufacturers are focusing on developing coatings that can enhance battery life and reliability in critical medical applications. Innovations in biocompatible materials are also paving the way for new opportunities in this sector, ensuring that medical devices can operate safely and effectively in a range of environments.

Aerospace:

The aerospace industry requires high-performance battery coatings that can withstand extreme conditions, making it a niche but vital application segment. Batteries used in aerospace applications must provide reliable power while being lightweight and capable of functioning in high-stress environments. The demand for coatings that enhance safety features, thermal stability, and energy density is driving innovations in this sector. As the aerospace market increasingly moves towards electrification and the use of advanced battery technologies, the need for specialized coating solutions is expected to grow, presenting significant opportunities for manufacturers focusing on this application.

By Technology

Roll-to-Roll Coating:

Roll-to-roll coating technology is gaining traction in the battery coating market due to its ability to produce coatings at high speeds and with consistent quality. This technique allows manufacturers to apply coatings to flexible substrates, which is crucial for the production of next-generation batteries that require lightweight and flexible solutions. The efficiency of roll-to-roll processes makes them ideal for mass production, significantly reducing manufacturing costs. As demand for flexible electronics and batteries increases, roll-to-roll coating technology is expected to play a pivotal role in the market, enabling manufacturers to meet the scalability and efficiency requirements of modern battery production.

Spray Coating:

Spray coating technology offers versatility in applying coatings to complex geometries and surfaces, making it an attractive option for various battery applications. This method allows for precise control over coating thickness and uniformity, which is essential for ensuring optimal battery performance. Spray coatings can be tailored to meet specific requirements, such as thermal management and moisture resistance. As manufacturers continue to explore innovative coating solutions, spray coating technology is likely to see increased adoption in applications ranging from consumer electronics to automotive batteries, driven by the need for customized performance enhancements.

Dry Coating:

Dry coating technology, which involves the application of dry powders instead of liquid solutions, is becoming increasingly relevant in the battery coating market. This method reduces the risk of solvent-related environmental impacts and offers a more sustainable alternative to traditional liquid coatings. Dry coatings can provide excellent adhesion and durability, making them suitable for various battery applications, including high-performance and safety-critical devices. As environmental regulations become more stringent, the adoption of dry coating technologies is expected to rise, driven by manufacturers' need to comply with sustainability standards while enhancing battery performance.

Vacuum Coating:

Vacuum coating technology is recognized for its ability to create thin, uniform layers that offer superior protection for battery components. This method is particularly beneficial for applications where precise control over coating thickness is required, such as in lithium-ion and solid-state batteries. Vacuum coatings can enhance battery performance by improving thermal management and preventing corrosion, thereby extending battery life. The increasing focus on high-performance batteries in sectors like automotive and aerospace is likely to drive demand for vacuum coating technologies, as manufacturers seek solutions that meet the rigorous demands of these applications.

Extrusion Coating:

Extrusion coating technology is also making its mark in the battery coating market, offering capabilities for applying coatings in a continuous process. This technology is particularly beneficial for high-volume production, allowing for the efficient application of coatings to various battery components. Extrusion coating can provide excellent adhesion and uniformity, which are critical for ensuring reliable battery performance. As manufacturers aim to streamline production processes and enhance product quality, extrusion coating technology is likely to gain traction, supporting the ongoing growth of the battery coating market.

By Material Type

Lithium-ion Batteries:

Lithium-ion batteries are the predominant type of battery in the market, and their associated coatings are crucial for optimizing performance and safety. Coatings for lithium-ion batteries are designed to improve thermal stability, enhance energy density, and prevent degradation over time. As these batteries are widely used in consumer electronics and electric vehicles, the demand for innovative coating solutions that can enhance their longevity and performance is significant. With the increasing focus on electric mobility and renewable energy storage, specialized coatings for lithium-ion batteries are expected to see robust growth in the coming years.

Lead-acid Batteries:

Lead-acid batteries, while being one of the oldest battery technologies, still hold a significant share of the market due to their widespread use in automotive applications and backup power systems. Coatings for lead-acid batteries are essential for improving their performance by enhancing corrosion resistance and reducing sulfate build-up. With the growing demand for reliable power sources in various applications, manufacturers are increasingly focusing on developing advanced coatings that can maximize the efficiency and lifespan of lead-acid batteries. This segment is expected to remain relevant, particularly in traditional automotive and industrial applications.

Nickel-based Batteries:

Nickel-based batteries, such as nickel-metal hydride (NiMH), are gaining recognition in the battery coating market for their robust performance and environmental advantages. Coatings for these batteries are tailored to enhance their energy capacity and discharge rates, making them suitable for hybrid electric vehicles and portable electronics. As the demand for greener energy solutions rises, manufacturers are focusing on developing coatings that can improve the overall efficiency of nickel-based batteries. Innovations in this segment will likely continue to drive growth, as these batteries offer a viable alternative to traditional lithium-ion solutions in specific applications.

Sodium-ion Batteries:

Sodium-ion batteries are emerging as a promising alternative to lithium-ion batteries, driven by the need for more sustainable and abundant materials. Coatings for sodium-ion batteries are being developed to enhance their performance and efficiency, particularly in energy storage applications. As research advances and the adoption of sodium-ion technology increases, coatings designed specifically for sodium-ion batteries will play a crucial role in ensuring their competitiveness in the market. This segment is expected to witness significant growth as the demand for cost-effective and eco-friendly battery solutions continues to rise.

Solid-state Batteries:

Solid-state batteries are at the forefront of battery technology innovation, offering substantial advantages over traditional liquid electrolyte batteries. The coatings applied to solid-state batteries are critical for enhancing safety and performance, especially concerning ion conductivity and thermal stability. As researchers explore new materials and formulations, the demand for advanced coatings that can optimize solid-state battery performance is expected to grow. With significant investments being made in solid-state technology, the coatings segment is poised to experience robust growth as these batteries become more widely adopted across various industries, including automotive and renewable energy.

By Region

In the North American region, the battery coating market is expected to grow significantly, driven by the increasing demand for electric vehicles and advancements in battery technology. The market is projected to reach approximately $2 billion by 2035, with a CAGR of around 14% during the forecast period. Key players in the region are investing heavily in R&D to develop innovative coating solutions that enhance battery performance and safety. The automotive sector's transition towards electrification is a significant factor driving the demand for advanced battery coatings in this region.

Europe is another key region in the battery coating market, anticipated to reach a value of about $2.5 billion by 2035. The accelerating shift towards renewable energy sources and electric mobility is propelling the demand for high-performance battery coatings. European manufacturers are focusing on sustainability and eco-friendly coating technologies, aligning with stringent regulations and consumer preferences for greener solutions. As the electric vehicle market continues to expand, the battery coating market in Europe is also expected to flourish, benefiting from the region's commitment to sustainability and innovation.

Opportunities

The battery coating market presents significant opportunities, particularly in the realm of research and development focused on sustainable materials and eco-friendly technologies. As governments and industries around the world intensify their efforts to combat climate change, there is a growing need for energy-efficient battery technologies that minimize environmental impact. Companies that invest in the development of sustainable coating materials, such as biodegradable or recyclable options, could capture a substantial share of the market. Furthermore, the integration of advanced nanotechnology into battery coatings is providing a new avenue for innovation, offering enhanced protection and performance characteristics. This intersection of sustainability and technology is likely to create numerous opportunities for growth in the battery coating market.

Another key opportunity lies in the expansion of electric vehicle infrastructure and energy storage systems. As more countries push towards electrification and renewable energy adoption, the demand for high-performance batteries will rise, consequently increasing the need for effective coatings. Manufacturers that proactively develop tailored coating solutions for specific battery applications, such as fast-charging EV batteries or high-capacity storage systems, will likely find themselves at the forefront of this burgeoning market. Additionally, strategic partnerships with leading electric vehicle manufacturers and renewable energy companies can further enhance market presence and drive innovation in battery coating technologies.

Threats

Despite the promising outlook for the battery coating market, there are several threats that manufacturers must navigate. One of the most significant threats is the rapid pace of technological advancement, which can quickly render existing coating solutions obsolete. As battery technologies evolve, manufacturers may face challenges in keeping up with the demand for new and improved coatings that meet the performance requirements of next-generation batteries. Additionally, the volatility of raw material prices can impact production costs and affect profit margins. Suppliers of coating materials must remain vigilant in sourcing high-quality materials at competitive prices to ensure stability in their operations and pricing strategies.

Regulatory challenges also pose a significant threat to the battery coating market. As environmental concerns continue to rise, stricter regulations related to manufacturing processes and toxic substance usage are being enforced. Compliance with these regulations can increase production costs and necessitate modifications to existing technologies, which can hinder market growth. Companies that are unable to adapt to these regulatory changes may find themselves at a disadvantage, impacting their competitiveness in the market. Therefore, it is imperative for manufacturers to remain proactive in understanding and addressing regulatory requirements while continuously innovating their coating solutions.

Competitor Outlook

• 3M Company
• Asahi Kasei Corporation
• Henkel AG & Co. KGaA
• Daikin Industries, Ltd.
• BASF SE
• Solvay S.A.
• SABIC
• Evonik Industries AG
• Covestro AG
• TOYO Ink SC Holdings Co., Ltd.
• Fujifilm Holdings Corporation
• Praxair Technology, Inc.
• Momentive Performance Materials Inc.
• DuPont de Nemours, Inc.
• Eastman Chemical Company

The competitive landscape of the battery coating market is characterized by a mix of established players and emerging companies striving to innovate and capture market share. Major players such as 3M Company, BASF SE, and Henkel AG & Co. KGaA are investing significantly in research and development to create advanced coating technologies that enhance battery performance, safety, and sustainability. These companies leverage their extensive resources and expertise to develop tailored solutions that cater to specific battery applications across various sectors, including automotive, consumer electronics, and energy storage. The growing trend towards electrification and renewable energy sources presents a lucrative opportunity for these established players to expand their product portfolios and strengthen their market positions.

Emerging companies are also making strides in the battery coating market by focusing on niche applications and innovative technologies. Many of these companies are exploring sustainable and eco-friendly coating solutions to meet the increasing demand for greener products. Collaboration and partnerships between established players and startups are becoming common as they seek to combine their strengths and expertise to accelerate innovation in battery coating technologies. The dynamics of the competitive landscape are continuously evolving, with companies striving to differentiate themselves through superior performance, sustainability, and customer-centric solutions.

Notable companies such as Solvay S.A. and DuPont de Nemours, Inc. are leading the charge in developing cutting-edge battery coating materials that align with the industry's shift towards sustainability and high-performance standards. These companies are committed to investing in research to develop coating solutions that not only enhance battery efficiency but also minimize environmental impact. For instance, Solvay's focus on advanced materials and eco-friendly formulations demonstrates its commitment to addressing the environmental challenges facing the battery industry. Such initiatives not only bolster their market presence but also position them as industry leaders in the realm of sustainable battery solutions, contributing to the overall growth and innovation within the battery coating market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 SABIC
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 BASF SE
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 3M Company
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Covestro AG
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Solvay S.A.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Evonik Industries AG
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Henkel AG & Co. KGaA
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Asahi Kasei Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Daikin Industries, Ltd.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 DuPont de Nemours, Inc.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Eastman Chemical Company
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Praxair Technology, Inc.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Fujifilm Holdings Corporation
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 TOYO Ink SC Holdings Co., Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Momentive Performance Materials Inc.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Battery Coating Market, By Technology
    • 6.1.1 Roll-to-Roll Coating
    • 6.1.2 Spray Coating
    • 6.1.3 Dry Coating
    • 6.1.4 Vacuum Coating
    • 6.1.5 Extrusion Coating
  • 6.2 Battery Coating Market, By Application
    • 6.2.1 Consumer Electronics
    • 6.2.2 Automotive
    • 6.2.3 Energy Storage
    • 6.2.4 Medical Devices
    • 6.2.5 Aerospace
  • 6.3 Battery Coating Market, By Product Type
    • 6.3.1 Liquid Coating
    • 6.3.2 Solid Coating
    • 6.3.3 Powder Coating
    • 6.3.4 Nano Coating
    • 6.3.5 Ceramic Coating
  • 6.4 Battery Coating Market, By Material Type
    • 6.4.1 Lithium-ion Batteries
    • 6.4.2 Lead-acid Batteries
    • 6.4.3 Nickel-based Batteries
    • 6.4.4 Sodium-ion Batteries
    • 6.4.5 Solid-state Batteries

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Battery Coating Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Battery Coating market is categorized based on

By Product Type

• Liquid Coating
• Solid Coating
• Powder Coating
• Nano Coating
• Ceramic Coating

By Application

• Consumer Electronics
• Automotive
• Energy Storage
• Medical Devices
• Aerospace

By Technology

• Roll-to-Roll Coating
• Spray Coating
• Dry Coating
• Vacuum Coating
• Extrusion Coating

By Material Type

• Lithium-ion Batteries
• Lead-acid Batteries
• Nickel-based Batteries
• Sodium-ion Batteries
• Solid-state Batteries

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• 3M Company
• Asahi Kasei Corporation
• Henkel AG & Co. KGaA
• Daikin Industries, Ltd.
• BASF SE
• Solvay S.A.
• SABIC
• Evonik Industries AG
• Covestro AG
• TOYO Ink SC Holdings Co., Ltd.
• Fujifilm Holdings Corporation
• Praxair Technology, Inc.
• Momentive Performance Materials Inc.
• DuPont de Nemours, Inc.
• Eastman Chemical Company