Published on : Dec 27, 2019
Rising advancements in technology, especially wearable gadget, and IoT-laden devices, the wet-laid battery separators market promises robust growth. The market is driven by increasing use of wearable in new fields like sports and fitness, medical, defence, among others. The battery separators are key components for electrolyte batteries. These separate the anode and cathode for stabilization of batteries. Additionally, these are also key to passing the ion charge amongst them. The separators play a vital role in our increasing use of smartphones, wearable gadgets, among others.
The wearable device industry is also witnessing new demand emerging from the healthcare services. Wearable devices in hospitals can help identify patients and take out marginal possibilities of errors which can be critical. Additionally, portable devices on body can help doctors monitor blood pressure, heart rates, and provide better quality care. The rise of cloud is expected to drive growth of wearable with data management and AI driven platforms. This is expected to create new opportunities for players in the global wet-laid battery separators market.
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Wet Process Remains Ideal for End-use in Several Applications
The wet process is expected to generate several opportunities for players in the global wet-laid battery separators market. The heating, mixing, extruding, and additive removal steps are key to the creation of wet process. On one hand, these processes are widely used and form stable and cost-effective application. On the other hand, the mixture process allows a homogenous solution which can be heated as well as produce a gel-like solution. The solution is ideal for amorphous polymers as well as crystalline polymers. Both of these are in extremely high-demand in end-use industry applications. Moreover, the use of high-weight molecular-weight polyethylene also drives battery to deliver strong mechanical performance on many fronts. The robust mechanical nature, growing use of polymers in end-applications, and rising demand for wet process are expected to drive significant opportunities for the global wet-laid battery separators market. The growth of Ni/MH batteries and growing application is expected to remain obstacles in the growth of the wet-laid battery separators market. The batteries promise a tremendous growth in electric vehicles. However, wet-laid battery separators remain ideal in use of gadgets like smartphones. Growth of 5G is expected to drive robust opportunities for players. The technology is expected to expand wearable device technology as well as systems like smart city infrastructure.
Asia Pacific to Remain Key to Growth
The global wet-laid battery separators market has witness tremendous growth in regions in North America traditionally. The long-held use of process, the rising demand for gadgets and batteries in the region, and rising disposable income are expected to drive growth in the region. Moreover, use of automation in manufacturing is also expected to increase opportunities for the region in the near future. The wet-laid battery separators market in Asia Pacific is also expected to drive more opportunities for players. Rising manufacturing activity, growing demand for smartphones, wearable gadgets, and rising disposable income are expected to drive more opportunities in the region. The market in Europe is also expected to promise lucrative opportunities for players in the near future.