Binders for Lithium Ion Rechargeable Batteries

Binders for Lithium Ion Rechargeable Batteries Market Outlook

The global binders for lithium-ion rechargeable batteries market is anticipated to reach approximately USD 3.2 billion by 2035, growing at a compound annual growth rate (CAGR) of around 8.5% during the forecast period from 2025 to 2035. This growth is primarily driven by the increasing demand for lithium-ion batteries across various sectors, including consumer electronics, electric vehicles, and renewable energy storage systems. Additionally, the growing emphasis on sustainable energy solutions and the shift towards electric mobility are propelling the need for high-performance battery components, including binders. As the market continues to mature, innovations in binder technologies, particularly in enhancing battery efficiency, performance, and longevity, will also play a critical role in market expansion. Furthermore, government incentives and initiatives promoting electric vehicle adoption globally are contributing significantly to the market's robust growth outlook.

Growth Factor of the Market

The binders for lithium-ion rechargeable batteries market is experiencing significant growth due to several pivotal factors. First and foremost, the rapid expansion of the electric vehicle (EV) market has escalated the demand for high-capacity batteries, which rely heavily on advanced binders to ensure structural integrity and optimal performance. Technological advancements in battery chemistry are leading to the development of new binder materials that enhance energy density and cycle stability, which are crucial for the competitive landscape. Additionally, the increasing adoption of renewable energy storage solutions is further driving the market, as grid storage systems require efficient and durable batteries. Furthermore, the rising urbanization and the need for a transition to cleaner energy sources are fostering investments in battery technologies, consequently boosting the demand for effective binders. The ongoing research and development initiatives aimed at improving binder formulations and their compatibility with new battery materials are also expected to provide a solid foundation for future growth.

Key Highlights of the Market

• The market is projected to grow at a robust CAGR of 8.5% from 2025 to 2035.
• Electric vehicles are expected to be the leading application segment, driving binder demand.
• Asia Pacific is anticipated to dominate the market due to its extensive manufacturing capabilities.
• Innovations in binder materials, such as CMC and PVDF, are set to enhance battery performance.
• Online distribution channels are witnessing significant growth, making products more accessible.

By Product Type

PVDF Binders:

Polyvinylidene fluoride (PVDF) binders are widely used in lithium-ion batteries due to their excellent chemical stability and high-temperature resistance. They act as a critical component in ensuring the adhesion of active materials to the current collectors, thus enhancing battery performance and durability. PVDF binders contribute significantly to the overall electrical conductivity of the battery, which is essential for high-efficiency energy storage applications. As the demand for batteries that can operate under extreme conditions increases, the market for PVDF binders is expected to grow steadily. Manufacturers continue to innovate formulations to improve the performance of PVDF binders, making them suitable for advanced battery technologies, particularly in electric vehicles and energy storage systems.

CMC Binders:

Carboxymethyl cellulose (CMC) binders are gaining traction in the lithium-ion battery market due to their environmentally friendly nature and cost-effectiveness. CMC binders provide excellent adhesion properties while being primarily water-soluble, which reduces the reliance on organic solvents during battery manufacturing. This characteristic not only decreases production costs but also aligns with the growing push towards sustainable manufacturing practices. The demand for CMC binders is particularly high in applications focusing on energy efficiency and eco-friendly solutions, making them a preferred choice for manufacturers. As battery technologies evolve, CMC binders are expected to play a crucial role in the development of next-generation lithium-ion batteries.

SBR Binders:

Styrene-butadiene rubber (SBR) binders are increasingly being utilized in lithium-ion battery production due to their superior elasticity and mechanical strength. These binders are particularly effective in enhancing the structural integrity of battery electrodes, thereby improving cycle life and overall performance. SBR binders are often used in conjunction with other binder types to maximize performance benefits. As the demand for high-performance batteries grows, particularly in electric vehicles and high-capacity storage systems, SBR binders are expected to witness a notable increase in demand. Their compatibility with various electrode materials and ability to enhance battery output make them a key component in modern battery technology.

PAA Binders:

Polyacrylic acid (PAA) binders are emerging as a viable alternative in the lithium-ion battery market, offering excellent adhesion and stability properties. Their ability to form strong electrochemical connections between active materials and current collectors is vital in ensuring high energy density and long cycle life. PAA binders can significantly improve the overall performance of lithium-ion batteries, making them suitable for various applications ranging from consumer electronics to electric vehicles. The growing focus on enhancing battery performance and sustainability is expected to drive the adoption of PAA binders in the coming years, as manufacturers seek to optimize battery efficiency and lifespan.

PEO Binders:

Polyethylene oxide (PEO) binders are known for their unique ionic conductivity, making them particularly advantageous in the development of solid-state batteries. With the increasing demand for batteries with higher safety profiles and energy densities, PEO binders are becoming a focal point for research and development. Their ability to facilitate lithium-ion conduction while providing structural support is essential for the advancement of next-generation battery technologies. As the market for solid-state batteries grows, driven by the automotive and energy storage sectors, the demand for PEO binders is expected to rise significantly. Manufacturers are actively exploring innovative formulations and processing techniques to enhance the performance and application scope of PEO binders.

By Application

Consumer Electronics:

The consumer electronics segment is one of the largest markets for lithium-ion batteries, with binders playing a crucial role in enhancing battery performance. As devices such as smartphones, laptops, and tablets continue to evolve, there is a growing demand for batteries that offer longer lifespans, faster charging times, and higher energy densities. Binders, especially those with excellent adhesion and stability, are essential in meeting these requirements. The increasing trends of miniaturization and high-performance electronics further drive the need for advanced binders in lithium-ion batteries. As consumer preferences shift towards devices with enhanced functionality and efficiency, the binder market within the consumer electronics sector is expected to expand significantly in the coming years.

Electric Vehicles:

The electric vehicle (EV) segment represents one of the most significant growth opportunities for the binders for lithium-ion batteries market. With the global push towards reducing carbon emissions and promoting sustainable transportation, the demand for high-capacity batteries is surging. Binders are critical in ensuring the structural integrity and performance of batteries used in EVs, which require exceptional energy density and long cycle life. The ongoing advancements in battery technology, including the shift towards higher voltage and higher capacity formats, are also influencing binder formulations. As automakers ramp up production and introduce new electric models, the binders market is poised to witness substantial growth driven by the electric vehicle sector.

Energy Storage Systems:

Energy storage systems are becoming increasingly important in managing renewable energy sources like solar and wind. Lithium-ion batteries, supported by effective binders, are integral to these systems for storing excess energy and ensuring a stable power supply. The demand for binders in energy storage applications is expected to rise as more countries adopt renewable energy solutions and seek to enhance grid stability. Binders that can support large-scale battery systems while maintaining performance will be crucial as the market evolves. The growth of energy storage systems is anticipated to offer significant opportunities for binder manufacturers, resulting in an expanded application scope.

Industrial:

The industrial application of lithium-ion batteries is steadily gaining traction, fueled by the need for high-capacity energy solutions in various sectors, including manufacturing and logistics. Binders play a vital role in the performance of batteries used in industrial applications, where durability and reliability are paramount. The increasing automation and electrification of industrial processes are driving the demand for advanced battery systems, which in turn boosts the need for effective binders. As industries transition towards more sustainable operations, the demand for reliable energy solutions is expected to grow, providing further impetus for binder manufacturers to innovate and develop specialized products for industrial-use batteries.

Others:

The 'Others' category encompasses a diverse range of applications for lithium-ion batteries, including aerospace, military, and telecommunications. Each of these sectors has unique requirements for battery performance and longevity, creating opportunities for specialized binder formulations. The increasing reliance on portable and reliable power sources in these areas drives the need for high-performance batteries, necessitating advanced binders that can meet stringent specifications. As the landscape of technological advancements continues to evolve, the demand for tailored binder solutions within this segment is expected to grow, contributing to the overall expansion of the binders for lithium-ion batteries market.

By Distribution Channel

Online Stores:

Online stores have emerged as a significant distribution channel for binders used in lithium-ion batteries, providing manufacturers with a platform to reach a broader audience. The convenience of online shopping, coupled with the ability to compare products and prices, has led to increased sales through digital channels. The trend towards e-commerce is further accelerated by the growing adoption of technology and digitalization in various sectors. As consumers increasingly prefer online shopping, manufacturers are optimizing their online presence to attract customers and streamline the purchasing process. This channel is expected to continue to grow, enabling greater accessibility and convenience for customers seeking binder products for lithium-ion batteries.

Specialty Stores:

Specialty stores play a crucial role in the distribution of binders for lithium-ion batteries, particularly for customers seeking expert advice and specific product recommendations. These stores often cater to niche markets and provide a wide range of products tailored to various applications, making them a preferred choice for professionals and businesses. The knowledgeable staff in specialty stores can offer insights into the best binder options based on individual needs, enhancing customer satisfaction. As the demand for specialized products increases, the role of specialty stores in the supply chain is expected to remain significant, providing a reliable source for high-quality binders and related materials.

Direct Sales:

Direct sales represent an important distribution channel for binder manufacturers, allowing them to establish a direct relationship with their customers. This channel enables manufacturers to provide tailored solutions and support services to clients, enhancing customer loyalty and satisfaction. Direct sales often include bulk purchasing options, which can be beneficial for businesses looking to secure consistent supplies of binders. As competition intensifies in the binders market, manufacturers are likely to focus on strengthening their direct sales strategies to enhance their market presence and improve customer engagement. This distribution approach is expected to play a significant role in the overall growth of the binders for lithium-ion batteries market.

Others:

Other distribution channels for binders in lithium-ion batteries include wholesalers and manufacturers' representatives, which facilitate the movement of products from producers to end-users. These channels often operate in conjunction with online and specialty stores to ensure that products reach the market effectively. The 'Others' category encompasses various forms of distribution that may not fit traditional models but are essential for market accessibility. As manufacturers expand their distribution networks, the significance of these alternative channels in the supply chain is likely to increase, driving overall market growth and improving product availability for customers.

By Ingredient Type

Graphite:

Graphite is a critical ingredient in the production of lithium-ion batteries, serving as the primary anode material. It provides excellent electrical conductivity and energy storage capabilities, making it essential for high-performance battery systems. The demand for graphite in the binders market is expected to rise significantly as manufacturers seek to improve battery efficiency and longevity. With an increasing focus on electric vehicles and renewable energy storage, the importance of high-quality graphite in battery formulations cannot be overstated. As the market evolves, innovations aimed at enhancing graphite performance and sustainability will further support the growth of binders that utilize this ingredient.

Lithium Cobalt Oxide:

Lithium cobalt oxide (LCO) is another key ingredient used in lithium-ion batteries, particularly in consumer electronics due to its high energy density. The incorporation of LCO contributes to the overall performance of lithium-ion batteries, allowing for miniaturization and enhanced functionality in devices. As the demand for portable electronics continues to grow, the need for effective binders that can accommodate LCO and maintain battery stability is essential. Manufacturers are consistently seeking ways to optimize binder formulations to improve compatibility with LCO, ensuring that batteries can meet the increasing performance demands of modern applications.

Lithium Iron Phosphate:

Lithium iron phosphate (LFP) is recognized for its thermal stability and safety, making it a popular choice for various applications, including electric vehicles and energy storage systems. The growing emphasis on safety and environmental impact is driving the demand for LFP-based batteries, subsequently boosting the need for specialized binders that enhance performance. Binders tailored for LFP batteries must ensure strong adhesion properties while supporting efficient energy transfer. As the LFP market expands, manufacturers are likely to invest in developing innovative binder solutions to meet the specific needs of this ingredient type, further solidifying its role in the binders market.

Lithium Nickel Manganese Cobalt Oxide:

Lithium nickel manganese cobalt oxide (NMC) is increasingly utilized in lithium-ion batteries, especially in automotive applications due to its balanced performance and energy density. The versatility of NMC allows for tailoring battery characteristics to meet specific application requirements, which underscores the importance of compatible binder materials. Manufacturers are focusing on developing binders that can enhance the performance of NMC batteries, ensuring durability and efficiency. As the automotive industry shifts towards electric vehicles and requires more advanced battery solutions, the demand for binders compatible with NMC is expected to grow, making it a significant contributor to market dynamics.

Others:

The 'Others' category encompasses a range of supplementary ingredients used in lithium-ion batteries, which also require effective binders for optimal performance. These ingredients may include various polymer materials and additives that improve battery characteristics, such as cycle life, thermal stability, and energy density. As battery technologies continue to evolve, the need for advanced binder formulations that work well with these diverse ingredients will become increasingly important. The growing focus on innovation in battery chemistry is likely to drive the demand for specialized binders that can support a wide array of ingredient types, contributing to the overall growth of the binders market.

By Region

The Asia Pacific region is projected to dominate the binders for lithium-ion batteries market, accounting for approximately 45% of the global market share by 2035. This dominance can be attributed to the presence of major battery manufacturers and the rapid growth of the electric vehicle industry in countries such as China, Japan, and South Korea. The region's robust manufacturing capabilities and increasing investments in battery technology are driving demand for high-performance binders. Moreover, the growing emphasis on renewable energy storage solutions in Asia Pacific is further propelling the market for lithium-ion batteries, ensuring that binders remain a critical component in the region's energy landscape. With a projected CAGR of 9% during the forecast period, the Asia Pacific region is set to lead the market.

North America and Europe are also significant markets for binders in lithium-ion batteries, driven by the growing demand for electric vehicles and energy storage systems. North America is expected to account for approximately 25% of the global market share, with the United States leading in battery research and development initiatives. Meanwhile, Europe is projected to capture around 20% of the market share as countries within the region incentivize electric mobility and sustainable energy solutions. The collaborative efforts between governments and manufacturers in both regions to enhance battery technologies will likely foster further growth, establishing these regions as key players in the binders for lithium-ion batteries market.

Opportunities

The binders for lithium-ion rechargeable batteries market presents numerous opportunities, particularly in the realm of innovation and sustainability. As the demand for electric vehicles and renewable energy solutions rises, there is a significant need for advanced binder formulations that enhance battery performance and longevity. Manufacturers have the opportunity to invest in research and development to create eco-friendly binder materials that align with the growing emphasis on sustainability. By focusing on biodegradable or water-soluble binders, companies can tap into the increasing consumer demand for environmentally responsible products. Additionally, as battery technologies evolve, the potential for high-performance binders that cater to specialized applications, such as solid-state batteries, opens up new avenues for growth and expansion.

Furthermore, the global shift toward electrification and energy efficiency presents a plethora of opportunities for binder manufacturers. The integration of binders in various sectors, including consumer electronics, automotive, and energy storage systems, drives the need for tailored solutions that address specific performance requirements. As industries continue to adopt lithium-ion batteries for their operations, there is an increasing demand for binders that can enhance energy efficiency and reduce overall production costs. Companies that can position themselves strategically to meet these demands, through innovative product offerings and strong distribution channels, stand to gain a significant competitive advantage in the thriving binders market.

Threats

While the binders for lithium-ion rechargeable batteries market is poised for growth, several threats could impact its trajectory. One of the primary concerns is the volatility of raw material prices, which can significantly affect production costs and profit margins. The dependence on specific materials for binder formulations makes manufacturers vulnerable to fluctuations in supply and demand dynamics. This uncertainty can hinder long-term planning and investment in new technologies, posing challenges for companies aiming to remain competitive in the market. Additionally, the increasing focus on recycling and sustainability may lead to regulatory challenges that require manufacturers to adapt their processes and materials, potentially increasing operational complexities.

Moreover, the rapid evolution of battery technologies presents a threat to existing binder solutions. As research and development efforts yield new battery chemistries and designs, traditional binders may become obsolete or less effective. This dynamic forces manufacturers to constantly innovate and adapt, which can strain resources and impact profitability. Additionally, the presence of alternative energy storage technologies, such as solid-state batteries, could disrupt the market for lithium-ion batteries, prompting manufacturers to pivot their strategies. The ability to anticipate and respond to these evolving trends will be critical for maintaining a competitive edge in the binders market.

Competitor Outlook

• BASF SE
• Asahi Kasei Corporation
• Solvay SA
• Arkema S.A.
• Shin-Etsu Chemical Co., Ltd.
• LG Chem Ltd.
• 3M Company
• DuPont de Nemours, Inc.
• Toray Industries, Inc.
• Mitsubishi Chemical Corporation
• Wacker Chemie AG
• SABIC
• Hitachi Chemical Co., Ltd.
• Huntsman Corporation
• Eastman Chemical Company

The competitive landscape of the binders for lithium-ion rechargeable batteries market is characterized by an array of established players and emerging companies vying for market share. Leading manufacturers such as BASF SE and Asahi Kasei Corporation leverage their extensive research and development capabilities to introduce innovative binder solutions that meet the evolving demands of the battery sector. These companies focus on enhancing product performance and sustainability while establishing strong distribution networks to reach a broad customer base. Additionally, collaborations and partnerships within the industry are becoming increasingly common, enabling companies to combine expertise and resources to develop advanced binder technologies that push the boundaries of battery performance.

Emerging players in the binders market are also making their mark by specializing in niche applications and offering tailored solutions. These companies often capitalize on market gaps by introducing innovative products that cater to specific customer needs. For instance, companies focused on eco-friendly binder formulations are attracting environmentally conscious consumers and businesses, providing them with a competitive edge in the market. Furthermore, the shift towards electric vehicles and renewable energy storage solutions is creating opportunities for new entrants to establish themselves by providing cutting-edge binder technologies that enhance battery performance.

Companies such as LG Chem Ltd. and Mitsubishi Chemical Corporation are actively investing in research and development to enhance their product offerings. These manufacturers prioritize innovation as a key driver of growth, focusing on the development of advanced binder materials that improve battery performance and sustainability. For instance, LG Chem has been known to develop innovative binder formulations that cater to the high-capacity battery market, which is essential for electric vehicle applications. Meanwhile, Mitsubishi Chemical is exploring next-generation binder materials that can enhance the thermal stability and overall performance of lithium-ion batteries, ensuring that their products remain at the forefront of market trends. The emphasis on technological advancements will continue to shape the competitive landscape, driving both established and emerging players to innovate and adapt in this dynamic market environment.

• 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 Solvay SA
    • 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 3M Company
    • 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 Arkema 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 LG Chem Ltd.
    • 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 Wacker Chemie AG
    • 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 Huntsman 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 Toray Industries, Inc.
    • 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 Asahi Kasei Corporation
    • 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 DuPont de Nemours, Inc.
    • 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 Eastman Chemical Company
    • 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 Hitachi Chemical Co., Ltd.
    • 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 Shin-Etsu Chemical 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 Mitsubishi Chemical Corporation
    • 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 Binders for Lithium Ion Rechargeable Batteries Market, By Application
    • 6.1.1 Consumer Electronics
    • 6.1.2 Electric Vehicles
    • 6.1.3 Energy Storage Systems
    • 6.1.4 Industrial
    • 6.1.5 Others
  • 6.2 Binders for Lithium Ion Rechargeable Batteries Market, By Ingredient Type
    • 6.2.1 Graphite
    • 6.2.2 Lithium Cobalt Oxide
    • 6.2.3 Lithium Iron Phosphate
    • 6.2.4 Lithium Nickel Manganese Cobalt Oxide
    • 6.2.5 Others
  • 6.3 Binders for Lithium Ion Rechargeable Batteries Market, By Distribution Channel
    • 6.3.1 Online Stores
    • 6.3.2 Specialty Stores
    • 6.3.3 Direct Sales
    • 6.3.4 Others

• 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 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Binders for Lithium Ion Rechargeable Batteries Market by Region

• 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 Binders for Lithium Ion Rechargeable Batteries market is categorized based on

By Application

• Consumer Electronics
• Electric Vehicles
• Energy Storage Systems
• Industrial
• Others

By Distribution Channel

• Online Stores
• Specialty Stores
• Direct Sales
• Others

By Ingredient Type

• Graphite
• Lithium Cobalt Oxide
• Lithium Iron Phosphate
• Lithium Nickel Manganese Cobalt Oxide
• Others

By Region

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

Key Players

• BASF SE
• Asahi Kasei Corporation
• Solvay SA
• Arkema S.A.
• Shin-Etsu Chemical Co., Ltd.
• LG Chem Ltd.
• 3M Company
• DuPont de Nemours, Inc.
• Toray Industries, Inc.
• Mitsubishi Chemical Corporation
• Wacker Chemie AG
• SABIC
• Hitachi Chemical Co., Ltd.
• Huntsman Corporation
• Eastman Chemical Company