during the forecast period. The market for lithium-ion battery dispersants has witnessed moderate growth over the past five years, driven by rapid technological advancements and the expansion of consumer electronics and electric vehicles industry, resulting in an increase demand for lithium-ion batteries.
New York, July 22. 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Lithium-Ion Battery Dispersants Market by Type, End Use and Region – Global Forecast to 2027” – https://www. reportlinker.com/p06309036/?utm_source=GNW
Naphthalene sulfonate is the fastest growing segment of the lithium-ion battery dispersant market by dispersant type
The lithium-ion battery dispersant market by dispersant type is segmented into block copolymers, naphthalene sulfonate, lignosulfonates and others. Naphthalene sulfonate dispersant type is expected to grow at the fastest rate due to factors such as growing demand for consumer electronics in developing countries such as India and China, which will increase the demand for lithium batteries -ion, thereby creating the market for lithium-ion batteries. dispersing.
By end use, electric vehicle segment is expected to account for the largest market share during the forecast period
By end use, the electric vehicle segment was the largest in the lithium-ion battery dispersant market, in 2021, by value. Factors such as energy saving, pollution reduction, and consumer adoption of electric vehicles are expected to propel the electric vehicle segment.
Heavy reliance on petrol and diesel as fuel and rising prices in countries like India and Germany have forced people to turn to electric vehicles. The use of lithium-ion battery in the automotive sector is expected to drive the market in the future.
Asia-Pacific was the fastest growing region for lithium-ion battery dispersant market in 2021
Asia-Pacific is one of the largest lithium-ion battery dispersant markets, in terms of value. Asia-Pacific is the market leader in lithium-ion battery dispersants, and this dominance is also expected to continue during the forecast period.
The key countries in the Asia-Pacific lithium-ion battery dispersant market are China, Japan, South Korea and India, which led the region’s overall market by value in 2021. The growing demand of electric vehicles in emerging Asia-Pacific is expected to drive the growth of the lithium-ion battery dispersant market in the region.
Breakdown of the profile of the main participants in the report:
• By type of business: Level 1: 65%, Level 2: 20% and Level 3: 15%
• By designation: C level – 25%, director level – 30% and other – 45%
• By region: Asia-Pacific – 45%, North America – 20%, Europe – 27%, Rest of the world – 8%
Leading companies in lithium ion battery dispersant market are Ashland (US), Kao Corporation (Japan), LG Chem (South Korea), Toyocolor Co., Ltd. (Japan), The Lubrizol Corporation (United States), Croda International PLC (United Kingdom), Borregaard AS (Norway).
The report defines, segments and projects the lithium-ion battery dispersant market based on dispersant type, end-use and region. It provides detailed information on major factors influencing market growth such as drivers, restraints, opportunities, and challenges. .
It analyzes competitive developments that include product launches, undertaken by market players.
Reasons to buy the report:
The report is expected to assist market leaders/new market entrants by providing the closest approximations to the revenue figures of the Lithium Ion Battery Dispersants market and its segments. This report is also expected to help stakeholders to better understand the competitive landscape of the market, gain insights to improve their businesses’ position and develop appropriate go-to-market strategies.
It also allows stakeholders to understand the pulse of the market and provides insights into key market drivers, restraints, challenges, and opportunities.
Read the full report: https://www.reportlinker.com/p06309036/?utm_source=GNW
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