Battery Separators Market Is Expected To Grow At A CAGR Of Around 13% In Terms Of Value During The Forecast Period 2027 | TechSci Research
According to TechSci Research , Global battery separators market is expected to grow at a CAGR of around 13% in terms of value during the forecast period. The global battery separators market is driven by surging production of consumer electronic gadgets. Moreover, growing awareness and implementation of strict regulations pertaining to the environmental safety is positively impacting the growth of market during the forecast period. The global battery separators market is segmented based on type, material, end use industry, company, and region. Based on type, the market can be categorized into lithium-ion battery separator and lead-acid battery separator. Out of which, the lithium-ion battery separator segment dominated the market in 2021 and the segment is expected to maintain its dominance during the forecast period as well, which can be attributed to its utilization in electric hybrid vehicles. Based on end use industry, the automotive segment is projected to lead the b...