Water Based Battery Binders

Water Based Battery Binders Market Outlook

The global water-based battery binders market is projected to reach USD 1.5 billion by 2035, exhibiting a compound annual growth rate (CAGR) of 8.5% during the forecast period from 2025 to 2035. This growth can be attributed to the increasing demand for sustainable and eco-friendly materials in battery manufacturing, driven by the rapid expansion of electric vehicle (EV) markets and the rising need for energy storage solutions. Factors such as stringent environmental regulations aimed at reducing hazardous materials in battery production and advancements in water-based binder technology are further propelling market expansion. Additionally, the growing focus on performance enhancements in battery efficiency and lifecycle is expected to create lucrative opportunities for the water-based battery binders market. As industries shift towards greener alternatives, the demand for water-based solutions is anticipated to surge, leading to enhanced market dynamics.

Growth Factor of the Market

The water-based battery binders market is experiencing significant growth due to various pivotal factors. A major driver is the increasing adoption of electric vehicles, which requires efficient battery systems for optimal performance. The transition from fossil fuels to electric energy not only promotes the use of electric vehicles but also enhances the demand for energy storage systems, thereby pushing manufacturers to seek environmentally friendly binder solutions. Moreover, the rising consumer awareness regarding sustainability and the environmental impact of traditional solvents used in battery production is further catalyzing this trend. Additionally, advancements in material science have led to the development of innovative water-based binders, resulting in improved battery performance, longer life cycles, and reduced production costs. The push for cleaner technology in both consumer electronics and renewable energy sectors is also likely to reinforce the demand for water-based binders, making it a focal point in battery innovations.

Key Highlights of the Market

• The global water-based battery binders market is expected to grow at a CAGR of 8.5% from 2025 to 2035.
• Electric vehicles are the primary application driving market growth.
• North America is anticipated to hold a significant market share, fueled by advanced technological adoption.
• Polyacrylic acid is emerging as the leading product type in the water-based battery binders segment.
• Strong demand for renewable energy storage solutions is shaping market dynamics.

By Product Type

Polyacrylic Acid:

Polyacrylic acid is one of the most prominent types of water-based battery binders, widely adopted due to its excellent adhesive properties and compatibility with various electrode materials. Its high molecular weight and functional groups contribute to enhanced mechanical strength and electrochemical performance in batteries, making it particularly suitable for lithium-ion applications. The increasing shift towards lightweight and efficient battery systems has further amplified the demand for polyacrylic acid in the market. This product type is also favored for its hydrophilicity, which aids in the dispersion of active materials in the aqueous medium during battery manufacturing. As manufacturers strive for improved battery performance and sustainability, polyacrylic acid is likely to maintain its position as a market leader.

Polyvinyl Alcohol:

Polyvinyl alcohol (PVA) is gaining traction in the water-based battery binders market due to its excellent film-forming abilities and chemical stability. PVA's unique properties, such as high tensile strength and flexibility, make it an ideal candidate for both anode and cathode applications across various battery types. Its compatibility with other materials enhances the overall battery performance, while its water solubility allows for easy processing during manufacturing. Additionally, the growing trend towards using renewable and non-toxic materials in battery production is driving increased adoption of PVA. With ongoing research aimed at enhancing its performance and durability, PVA is poised to become a key player in the water-based battery binder segment.

Sodium Carboxymethyl Cellulose:

Sodium carboxymethyl cellulose (CMC) is increasingly recognized for its role as a water-based binder in various battery applications. Its ability to provide excellent viscosity control and thickening properties makes CMC highly effective in enhancing the adhesion of active materials to current collectors. This product type not only ensures uniform dispersion of active materials but also contributes to improved electrochemical performance and cycling stability of batteries. The natural origin of CMC aligns well with the growing demand for environmentally friendly materials, positioning it favorably in the market. As the battery industry continues to evolve, CMC is expected to witness heightened interest for its functionality, sustainability, and effectiveness.

Polyacrylamide:

Polyacrylamide has emerged as an important water-based binder due to its excellent mechanical properties and ability to enhance the conductivity of battery electrodes. This product type provides strong bonding capabilities and is particularly beneficial in lithium-ion batteries, where layering of materials is essential for performance. Polyacrylamide's versatility allows for its use in both anode and cathode applications, making it an attractive choice for manufacturers looking to optimize battery design. Furthermore, as battery technologies evolve towards higher capacity and longer-lasting solutions, polyacrylamide's role in improving energy density and stability is likely to become increasingly significant. This positions it as a key contender in the water-based battery binders market.

Others:

The "Others" segment encompasses various innovative water-based binder materials that are gaining traction in the battery manufacturing sector. These alternative binders are being developed to address specific performance criteria and sustainability goals, catering to niche applications in batteries beyond the conventional options. As research and development in material science continue to advance, new binders that potentially offer superior properties such as increased flexibility, improved adhesion, and enhanced electrochemical stability are being explored. The inclusion of these novel materials in the market signifies a shift towards a more diverse product landscape, providing manufacturers with a wider range of options to meet the evolving demands of battery technology.

By Application

Lithium-Ion Batteries:

Lithium-ion batteries are the leading application segment for water-based battery binders, primarily due to their widespread use in consumer electronics, electric vehicles, and renewable energy storage systems. As the demand for high-performance batteries continues to rise, manufacturers are increasingly adopting water-based binders to enhance the properties of lithium-ion batteries. These binders not only facilitate the production process but also improve the overall electrochemical performance and lifespan of the batteries. The shift towards eco-friendly manufacturing practices further reinforces the preference for water-based solutions in this segment. With advancements in lithium-ion technology, the role of water-based binders is expected to expand, driving innovation and efficiency in battery applications.

Lead-Acid Batteries:

Lead-acid batteries, a traditional and widely used energy storage solution, are also incorporating water-based battery binders to enhance their performance. The introduction of these binders contributes to improved adhesion between the active materials and the electrodes, resulting in better cycling stability and efficiency. Water-based binders in lead-acid batteries help reduce the use of harmful solvents, aligning with the industry's sustainability goals. Moreover, as the demand for lead-acid batteries remains robust in sectors such as automotive and backup power systems, the adoption of environmentally friendly binders is anticipated to grow, positively impacting the overall market.

Nickel Batteries:

Nickel batteries, including nickel-metal hydride (NiMH) and nickel-cadmium (NiCd), are increasingly utilizing water-based binders to enhance their performance characteristics. The use of these binders in nickel batteries is driven by the need for improved adhesion and electrochemical stability, which are crucial for battery efficiency and longevity. As the market for nickel batteries continues to evolve, particularly in hybrid vehicles and renewable energy applications, the role of water-based binders is expected to gain prominence. Additionally, the growing focus on sustainability and the reduction of hazardous materials in manufacturing processes are further encouraging the integration of water-based binders in this application segment.

Others:

The "Others" segment includes various emerging applications of water-based battery binders outside the conventional categories. These applications span newer battery technologies and innovative energy storage systems that are being developed to meet specific industry needs. As the energy landscape evolves, there is a significant push toward research and exploration of alternative battery chemistries and configurations that utilize water-based binders for enhanced performance. This segment holds potential for growth as advancements in material science foster the development of new battery technologies, ultimately leading to increased adoption of water-based solutions in diverse applications.

By Distribution Channel

Online Stores:

Online stores have become a significant distribution channel for water-based battery binders, providing manufacturers with a global reach and consumers with convenient access to products. The rise of e-commerce platforms has transformed the way consumers and businesses procure battery materials, allowing for easy comparison of products and prices. With the growing trend of online shopping, manufacturers are leveraging this channel to expand their market presence and cater to a wider audience. Additionally, online stores often offer extensive product information, customer reviews, and support, facilitating informed purchasing decisions. The increasing reliance on digital platforms for purchasing materials is likely to continue shaping the distribution landscape of water-based battery binders.

Specialty Stores:

Specialty stores play a crucial role in the distribution of water-based battery binders, particularly for businesses and consumers seeking expert advice and high-quality products. These stores often focus on niche markets, providing a curated selection of battery materials and solutions tailored to specific applications. The knowledgeable staff in specialty stores can assist customers in selecting the appropriate binders for their needs, enhancing customer satisfaction and loyalty. As industries increasingly seek reliable and specialized products, the demand for specialty stores that offer water-based binders is expected to rise, fostering growth within this segment. Furthermore, these stores often build strong relationships with manufacturers, ensuring a consistent supply of innovative products.

Department Stores:

Department stores, while not the primary distribution channel for water-based battery binders, contribute to market accessibility for consumers and small businesses. These stores offer a wide range of products, including battery materials, which can be beneficial for those seeking one-stop shopping solutions. The presence of water-based binders in department stores can increase consumer awareness and facilitate entry into new markets. As the demand for eco-friendly products grows, department stores may expand their offerings to include more specialized items, including water-based battery binders, aligning with consumer trends and preferences. This segment may not be as significant as online or specialty stores but can still play a supportive role in the overall distribution strategy.

Others:

The "Others" distribution channel segment encompasses various alternative methods for distributing water-based battery binders, including direct sales from manufacturers, wholesalers, and distributors. These channels often cater to industries that require bulk purchases or specific formulations tailored to unique applications. Direct sales allow manufacturers to establish strong relationships with customers, ensuring that they understand their needs and provide tailored solutions. Wholesalers and distributors can also enhance market reach by supplying products to smaller retailers and businesses. As the market for water-based binders continues to grow, the diversity in distribution channels will enable manufacturers to effectively reach consumers and businesses across various sectors.

By Ingredient Type

Anode Binders:

Anode binders are a critical component in the construction of battery electrodes, providing essential adhesion and structural integrity. Water-based anode binders are gaining popularity due to their environmentally friendly properties and ability to enhance battery performance. These binders help ensure that active materials remain securely attached to the current collectors, which is vital for efficient energy storage and discharge. The use of water-based anode binders aligns with the industry’s push towards sustainable manufacturing practices, minimizing the reliance on hazardous solvents. As the demand for high-performance lithium-ion batteries increases, particularly in electric vehicles, water-based anode binders will play a key role in supporting advancements in battery technology.

Cathode Binders:

Cathode binders are integral to the performance of battery systems, influencing the efficiency and longevity of energy storage solutions. The adoption of water-based cathode binders is rising, driven by the need for effective adhesion between the cathode materials and the current collectors. These binders not only contribute to the overall performance of batteries but also facilitate improved cycling stability and electrochemical characteristics. With the ongoing developments in cathode materials, the demand for water-based binders that can enhance performance while adhering to strict environmental regulations is expected to grow. This segment is particularly vital as innovations in battery chemistries continue to emerge.

Electrolyte Binders:

Electrolyte binders serve a crucial role in ensuring the stability and performance of batteries by providing a medium for ion transport. Water-based electrolyte binders are gaining traction in the battery industry due to their ability to enhance the ionic conductivity while minimizing environmental impact. These binders help maintain the integrity of the electrolyte solution, which is essential for efficient battery operation. As the demand for high-capacity and long-lasting battery systems increases, the importance of effective electrolyte binders cannot be overstated. Manufacturers are increasingly looking towards water-based solutions that not only improve functionality but also comply with sustainability goals.

Separator Binders:

Separator binders are essential for maintaining the integrity of battery cells by preventing short circuits and ensuring efficient ion flow. Water-based separator binders are increasingly recognized for their ability to enhance the mechanical strength and stability of separators. These binders contribute to improved safety and performance of battery systems, addressing key concerns in battery technology. The shift towards safer and more efficient batteries is driving the demand for innovative separator binders that utilize water-based formulations. As manufacturers focus on enhancing battery safety and performance, the segment of water-based separator binders is likely to experience significant growth.

Others:

The "Others" ingredient type segment includes various alternative binder formulations that do not fit into the conventional categories. These innovative materials are being explored for their potential to enhance battery performance, longevity, and sustainability. As research continues in material science, manufacturers are discovering new combinations and formulations that meet specific industry needs. These alternative binders can provide unique properties such as improved electrical conductivity, greater thermal stability, and enhanced adhesion to various electrode materials. The diversification of binder ingredients reflects the ongoing evolution of battery technology and the increasing demand for customized solutions in the market.

By Region

The regional analysis of the water-based battery binders market showcases varying dynamics and growth potential across different geographical areas. North America is expected to dominate the market, with a projected revenue of approximately USD 600 million by 2035, driven by the region's strong focus on electric vehicles and advanced battery technologies. The presence of key manufacturers and substantial investments in research and development further bolster market growth in North America. The growth rate in this region is anticipated to be around 9% CAGR, particularly due to the increasing demand for eco-friendly materials and the transition towards renewable energy storage solutions.

In the Asia Pacific region, the market for water-based battery binders is also poised for significant growth, driven by the rising demand for electric vehicles and smartphone applications. The total market size in this region is expected to reach around USD 500 million by 2035. Major countries such as China, Japan, and South Korea are leading the charge with substantial investments in battery technology and manufacturing capabilities. The CAGR for the Asia Pacific region is forecasted at around 8% during the same period, as regional manufacturers increasingly adopt sustainable production practices and enhance their product offerings to capitalize on the growing demand.

Opportunities

The water-based battery binders market is ripe with opportunities, particularly in the context of the global shift towards green energy solutions. As electric vehicles continue to gain traction, manufacturers are increasingly seeking sustainable alternatives to traditional solvent-based binders, which presents a lucrative opportunity for the expansion of water-based binders. The development of advanced battery chemistries, such as solid-state batteries and next-generation lithium-ion technologies, further reinforces the growth potential for water-based solutions. With government policies emphasizing environmental sustainability and the reduction of harmful emissions, there is a clear market trajectory favoring eco-friendly materials. Additionally, ongoing research and innovation in battery technology provide pathways for new product development and differentiation in a competitive landscape.

Furthermore, the increasing consumer awareness regarding the environmental impact of battery production is driving demand for sustainable materials. This shift is encouraging manufacturers to invest in research and development to create more efficient, high-performance water-based binders that cater to the evolving needs of the battery industry. Collaborations between manufacturers and research institutions are expected to yield innovative solutions that can improve the overall performance of batteries while adhering to stringent environmental regulations. As industries across various sectors seek to adopt greener practices, the water-based battery binders market is positioned to capitalize on these trends, paving the way for substantial growth and innovation.

Threats

While the water-based battery binders market presents ample opportunities, it also faces potential threats that could hinder growth. One significant challenge is the competition from traditional solvent-based binders, which are well-established in the market and often offer lower production costs. Manufacturers may be reluctant to switch to water-based solutions due to concerns about performance and reliability, particularly in high-demand applications such as electric vehicles and energy storage systems. Additionally, the ongoing volatility in raw material prices can impact the cost-effectiveness of water-based binders, creating challenges for manufacturers looking to maintain profitability while transitioning to sustainable alternatives. Economic fluctuations and regulatory changes can also pose threats to the water-based battery binders market, as companies must adapt to evolving market conditions.

Moreover, there is a risk associated with the scalability of production processes for water-based binders. As manufacturers transition to these materials, they may encounter challenges related to production efficiency and quality control. Ensuring consistent performance and quality while scaling up production can be a daunting task for companies, particularly if they lack experience in handling water-based technologies. Additionally, stringent regulatory frameworks governing battery manufacturing can pose hurdles for new entrants and existing players alike, necessitating investment in compliance measures. Therefore, addressing these threats will be crucial for the sustained growth and success of the water-based battery binders market.

Competitor Outlook

• 3M Company
• SABIC
• Arkema S.A.
• H.B. Fuller Company
• Yancheng Jiangshan Chemical Co., Ltd.
• LG Chem Ltd.
• Asahi Kasei Corporation
• Dow Chemical Company
• Mitsubishi Chemical Corporation
• Shin-Etsu Chemical Co., Ltd.
• Solvay S.A.
• Wacker Chemie AG
• BASF SE
• GFS Chemicals, Inc.
• Eastman Chemical Company

The competitive landscape of the water-based battery binders market is characterized by a mix of established players and emerging companies striving to make their mark. Major companies such as 3M, BASF, and Dow Chemical are leveraging their extensive research capabilities and product portfolios to innovate and enhance their offerings in the realm of water-based binders. These companies are not only focusing on expanding their product lines but are also investing in sustainability initiatives to align with global trends towards eco-friendly solutions. As competition intensifies, these established players are likely to pursue strategic partnerships and collaborations to bolster their market position and drive technological advancements.

Emerging players in the water-based battery binders market are also making strides by developing innovative products tailored to meet specific application needs. Companies like Yancheng Jiangshan Chemical and Arkema S.A. are focusing on research and development efforts to create high-performance binders that cater to the growing demand for electric vehicle batteries and renewable energy solutions. These companies are actively exploring new formulations and materials that can enhance battery performance while minimizing environmental impact. As the market evolves, the differentiation of products based on performance characteristics and sustainability will become a key competitive factor, driving companies to innovate continuously.

Key companies such as LG Chem and Mitsubishi Chemical are also prioritizing the development of sustainable binder solutions to address the increasing regulatory pressures surrounding environmental sustainability. By investing in cutting-edge technologies, these firms are striving to enhance their competitive edge in a rapidly changing market landscape. The presence of diverse competitors emphasizes the dynamic nature of the water-based battery binders market, where companies must remain agile and responsive to emerging trends and consumer needs. As the demand for more efficient and environmentally friendly battery solutions continues to rise, the competitive landscape is expected to evolve, fostering further innovation and market growth.

• 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 3M Company
    • 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 Arkema S.A.
    • 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 Solvay 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 GFS Chemicals, Inc.
    • 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 H.B. Fuller Company
    • 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 Dow Chemical Company
    • 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 Asahi Kasei Corporation
    • 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 Shin-Etsu 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 Mitsubishi Chemical Corporation
    • 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 Yancheng Jiangshan Chemical Co., Ltd.
    • 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 Water Based Battery Binders Market, By Application
    • 6.1.1 Lithium-Ion Batteries
    • 6.1.2 Lead-Acid Batteries
    • 6.1.3 Nickel Batteries
    • 6.1.4 Others
  • 6.2 Water Based Battery Binders Market, By Product Type
    • 6.2.1 Polyacrylic Acid
    • 6.2.2 Polyvinyl Alcohol
    • 6.2.3 Sodium Carboxymethyl Cellulose
    • 6.2.4 Polyacrylamide
    • 6.2.5 Others
  • 6.3 Water Based Battery Binders Market, By Ingredient Type
    • 6.3.1 Anode Binders
    • 6.3.2 Cathode Binders
    • 6.3.3 Electrolyte Binders
    • 6.3.4 Separator Binders
    • 6.3.5 Others
  • 6.4 Water Based Battery Binders Market, By Distribution Channel
    • 6.4.1 Online Stores
    • 6.4.2 Specialty Stores
    • 6.4.3 Department Stores
    • 6.4.4 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 Water Based Battery Binders 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 Water Based Battery Binders market is categorized based on

By Product Type

• Polyacrylic Acid
• Polyvinyl Alcohol
• Sodium Carboxymethyl Cellulose
• Polyacrylamide
• Others

By Application

• Lithium-Ion Batteries
• Lead-Acid Batteries
• Nickel Batteries
• Others

By Distribution Channel

• Online Stores
• Specialty Stores
• Department Stores
• Others

By Ingredient Type

• Anode Binders
• Cathode Binders
• Electrolyte Binders
• Separator Binders
• Others

By Region

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

Key Players

• 3M Company
• SABIC
• Arkema S.A.
• H.B. Fuller Company
• Yancheng Jiangshan Chemical Co., Ltd.
• LG Chem Ltd.
• Asahi Kasei Corporation
• Dow Chemical Company
• Mitsubishi Chemical Corporation
• Shin-Etsu Chemical Co., Ltd.
• Solvay S.A.
• Wacker Chemie AG
• BASF SE
• GFS Chemicals, Inc.
• Eastman Chemical Company