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Battery Coating Market Report Scope & Overview:

The Battery Coating Market Size was valued at USD 0.36 billion in 2022, and expected to reach USD 1.08 billion by 2030, and grow at a CAGR of 14.5% over the forecast period 2023-2030. Battery coating is a key component of the lithium-ion battery manufacturing process. It's a thin-film deposition technique used in the electrochemical sector to improve automotive and vehicle performance. Atomic layer depositions, plasma-enhanced chemical vapour deposition, and chemical vapour deposition are some of the methods utilised in battery coating. For isolating the substrates, such as the anode, cathode, and separator, certain materials are coated on them, which combine to produce the layered electrode. Ceramic, alumina, oxides, and carbons are some of the materials used in battery coatings.

Battery Coating Market Revenue Analysis

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Market Dynamics:

Drivers:

  • EV, HEV, and PHEV production is at an all-time high

Restraints:

  • The high cost of coating technologies

  • Rising the cost of the battery material

Opportunity:

  • Technological advances and Innovations

Challenge:

  • It's likely that solid electrolytes will be used

Impact of COVID-19:

The global battery coating market has been impacted by the epidemic. During the initial wave of the COVID-19 epidemic, demand for electrical and electronic items fell. Lithium-ion batteries are commonly used in cell phones, laptop computers, and inverters, and can be used immediately after charging. As demand for electronic goods fell, so did demand for lithium-ion batteries, resulting in a drop in lithium-ion battery costs in the global market, which is projected to have an impact on future market growth. Due to low demand in the electronic industry, certain electronic products businesses have suspended the release and manufacture of new models as a result of the COVID-19 pandemic.

Market Segment:

By Type

  • Atomic Layer Deposition (ALD)

  • Plasma Enhanced Chemical Vapor Deposition (PECVD)

  • Chemical Vapor Deposition (CVD)

  • Dry Powder Coating

  • Physical Vapor Deposition (PVD)

By Battery Component

  • Electrode Coating

  • Separator Coating

  • Battery Pack Coatin

By Battery Type

  • Lithium-Ion Battery

  • Lead-Acid Battery

  • Nickel-Cadmium Battery

  • Graphene Battery

By Material Type

  • Polyvinylidene Fluoride (PVDF)

  • Ceramic

  • Alumina

  • Oxide

  • Carbon

  • Polyurethane (PU)

  • Epoxy

  • Others

Battery Coating Market Segmentation Analysis

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Regional Analysis:

Because of the growing number of severe environmental regulations, as well as the prevalence of renewable energy and electric vehicles in the region, Europe dominates the battery coating industry. Due to rising levels of investment in the renewable sector and rising demand for consumer electronics and smart gadgets in the region, the Asia-Pacific region is predicted to have the fastest growth rate. Individual market affecting factors and changes in regulation in the domestic market are also discussed in the country portion of the research, which have an impact on the market's current and future trends. Some of the primary pointers utilised to anticipate the market situation for particular countries include consumption quantities, production sites and volumes, import export analysis, price trend analysis, Analysis of the downstream and upstream value chains, as well as the cost of raw materials The influence of domestic tariffs, as well as the presence and availability of global brands, as well as the challenges they face due to strong or scarce competition from local and domestic brands and trade routes, are all taken into account when offering forecast analysis of nation data.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Key Players:

Tanaka Chemical Corporation, KEYENCE CORPORATION, APV Engineered Coatings, Solvay, Asahi Kasei Corporation, SK innovation, Arkem SA, Axalta Coating Systems Ltd, Nano Solutions, Durr, Ube industries Ltd, and other players.

Tanaka Chemical Corporation-Company Financial Analysis

Battery Coating Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 0.36 Billion
Market Size by 2030 US$ 1.08 Billion
CAGR CAGR of 14.5% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Atomic Layer Deposition (ALD), Plasma Enhanced Chemical Vapor Deposition (PECVD), Chemical Vapor Deposition (CVD), Dry Powder Coating, Physical Vapor Deposition (PVD))
• By Battery Component (Electrode Coating, Separator Coating, Battery Pack Coating)
• By Battery Type, Lithium-Ion Battery, Lead-Acid Battery, Nickel-Cadmium Battery, Graphene Battery)
• By Material Type (Polyvinylidene Fluoride (PVDF), Ceramic, Alumina, Oxide, Carbon, Polyurethane (PU), Epoxy, Others),
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Tanaka Chemical Corporation, KEYENCE CORPORATION, APV Engineered Coatings, Solvay, Asahi Kasei Corporation, SK innovation, Arkem SA, Axalta Coating Systems Ltd, Nano Solutions, Durr, Ube industries Ltd, and other players.
DRIVERS • EV, HEV, and PHEV production is at an all-time high.
Restraints • The high cost of coating technologies
• Rising the cost of the battery material

Frequently Asked Questions

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans: Electrode Coating, Separator Coating and Battery Pack Coating are the sub-segments of by Battery Component segment are the sub-segments of by Battery Component segment.

Ans: The high cost of coating technologies and Rising the cost of the battery material are the restraints for Battery Coating Market.

Ans: Battery coating is a key component of the lithium-ion secondary battery manufacturing process. It's a thin-film deposition technique used in the electrochemical sector to improve automotive and vehicle performance.

Ans: Battery Coating Market Size was valued at USD 0.32 billion in 2021, and expected to reach USD 0.85 billion by 2028, and grow at a CAGR of 14.5 % over the forecast period 2022-2028.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value Chain Analysis

 

6. Porter’s 5 forces model

7.  PEST Analysis

8. Battery Coating Market Segment, By Type

8.1 Atomic Layer Deposition (ALD)

8.2 Plasma Enhanced Chemical Vapor Deposition (PECVD)

8.3 Chemical Vapor Deposition (CVD)

8.4 Dry Powder Coating

8.5 Physical Vapor Deposition (PVD)

9. Battery Coating Market Segment, By Battery Component

9.1 Electrode Coating

9.2 Separator Coating

9.3 Battery Pack Coating

10. 10.1 Battery Coating Market Segment, By Battery Type

10.2 Lithium-Ion Battery

10.3 Lead-Acid Battery

10.4 Nickel-Cadmium Battery

10.5 Graphene Battery

11. Battery Coating Market Segment, By Material Type

11.1 Polyvinylidene Fluoride (PVDF)

11.2 Ceramic

111-.3 Alumina

11.4 Oxide

11.5 Carbon

11.6 Polyurethane (PU)

11.7 Epoxy

11.8 Others

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

13. Company Profile

13.1 Tanaka Chemical Corporation

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 KEYENCE CORPORATION

13.3 APV Engineered Coatings

13.4 Solvay

13.5 Asahi Kasei Corporation

13.6 SK innovation

13.7 Arkem SA

13.8 Axalta Coating Systems Ltd

13.9 Nano Solutions

13.12 Durr

13.11 Ube industries Ltd

14.Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

15. Conclusion

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

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Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

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Data Bank Validation

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