Lithium-ion Battery Dispersant Market by Dispersant Type (Block Copolymers, Naphthalene Sulfonates, Lignosulfonates), End-Use (Consumer Electronics, Electric Vehicles, Military, Industrial), Formulation Type, and Region - Global Forecast to 2029

December 2024 | 157 pages | ID: L5453D75821EEN
MarketsandMarkets

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The global lithium-ion battery dispersant market is projected to grow from USD 0.91 billion in 2024 to USD 1.70 billion by 2029, at a CAGR of 13.2% during the forecast period. The growth of the global lithium-ion battery dispersant market is fueled by increasing government programs and funding designed to support new battery technology, especially those in developing countries, are also increasing use of dispersants as the demand for lithium-ion battery is increased. A growing need for batteries in consumer electronics and other sector is boosting the market.

“Naphthalene sulfonates segment, by dispersant type, is estimated to account for the second largest share during the forecast period.”

The naphthalene sulfonates segment is projected to secure the second-largest share during the forecast period. One of the growth factors for the lithium-ion battery dispersant is using naphthalene sulfonate, as these are good dispersing agents, economically viable, and resistant to extreme conditions. Such dispersants disperse agglomeration within electrode materials, resulting in uniform slurry composition and increasing the performance of the battery. Practicability in all types of battery chemistries, in fields such as electric vehicles and industrial energy systems.

“By end-use, industrial segment accounted for the second largest share during the forecast period.”

The industrial segment by end-use is expected to have the second-largest share of the lithium-ion battery dispersant market. The growth is driven due to the industrial area has a higher usage of lithium-ion batteries in automation, robots, and heavy machines, which needs strong energy storage for continuous working. This is also aided by dispersants through uniform electrode materials as well as connectivity enhancement along with the working of the battery at higher utilization levels. Higher usage of lithium-ion batteries in industrial automation and advanced manufacturing has brought new scopes for growth in the dispersant market.

“Europe region is estimated to account for the second largest share during the forecast period.”

Europe is the second-largest region in the lithium-ion battery dispersant market, as the lithium-ion battery dispersant market growth in Europe is driven by its focus on the adoption of renewable energy and electrification. Government initiatives such as the European Green Deal, as well as significant investments in charging infrastructure for EVs, increase the demand for high-performance lithium-ion batteries. Specialized dispersants play a vital role in increasing battery efficiency and lifespan while adhering to the stringent quality and sustainability standards in Europe. That focus on innovation and clean energy solutions is leading regional expansion.

Profile break-up of primary participants for the report:
  • By Company Type: Tier 1 – 65%, Tier 2 – 20%, and Tier 3 – 15%
  • By Designation: Director Level– 30%, C-Level– 25%, and Others – 45%
  • By Region: North America – 20%, Europe – 15%, Asia Pacific – 55%, and Rest of World– 10%
LG Chem (South Korea), Evonik Industries AG (Germany), Kao Corporation (Japan), Huntsman International LLC (US), and Ashland (US) are some of the major players operating in the lithium-ion battery dispersant market.

Research Coverage:

The report defines, segments, and projects the lithium-ion battery dispersant market based on dispersant type, formulation type, end-use, and region. It provides detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and challenges. It strategically profiles, lithium-ion battery dispersant manufacturers and comprehensively analyses their market shares and core competencies as well as tracks and analyzes competitive developments, such as expansions, and agreements, undertaken by them in the market.

Reasons to Buy the Report:

The report is expected to help the market leaders/new entrants in the market by providing them the closest approximations of revenue numbers of the lithium-ion battery dispersant market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses, and make suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
  • Analysis of key drivers (Increase in demand for LFP and NMC chemistry type lithium-ion battery in plug-in vehicles, Growing need for automation and lithium-ion battery operated material handling equipment in industries, Development of smart devices and other industrial goods using lithium-ion batteries, and Growing adoption of lithium-ion batteries in renewable energy storage), restraints (Safety issues related to storage and transportation of spent batteries), opportunities (Declining prices of lithium-ion batteries increase adopting rate in new applications, and Growing number of R&D initiatives by manufacturers for improvements in Li-ion batteries), and challenges (Overheating of lithium-ion batteries) influencing the growth of the lithium-ion battery dispersant market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities in the lithium-ion battery dispersant market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the lithium-ion battery dispersant market across varied regions.
  • Market Diversification: Exhaustive information about various types, untapped geographies, new products, recent developments, and investments in the lithium-ion battery dispersant market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players such as LG Chem (South Korea), Evonik Industries AG (Germany), Kao Corporation (Japan), Huntsman International LLC (US), and Ashland (US), and others in the lithium-ion battery dispersant market.
1 INTRODUCTION

1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
  1.3.1 MARKETS COVERED AND REGIONAL SCOPE
  1.3.2 INCLUSIONS AND EXCLUSIONS
  1.3.3 YEARS CONSIDERED
  1.3.4 CURRENCY CONSIDERED
1.4 LIMITATIONS
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA
  2.1.1 SECONDARY DATA
    2.1.1.1 Key data from secondary sources
  2.1.2 PRIMARY DATA
    2.1.2.1 Key data from primary sources
    2.1.2.2 Breakdown of interviews with experts
2.2 DEMAND-SIDE MATRIX
2.3 MARKET SIZE ESTIMATION
  2.3.1 BOTTOM-UP APPROACH
  2.3.2 TOP-DOWN APPROACH
    2.3.2.1 Calculations for supply-side analysis
2.4 GROWTH FORECAST
2.5 DATA TRIANGULATION
  2.5.1 RESEARCH ASSUMPTIONS
  2.5.2 RESEARCH LIMITATIONS
  2.5.3 RISK ASSESSMENT

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

4.1 ATTRACTIVE OPPORTUNITIES IN LITHIUM-ION BATTERY DISPERSANTS MARKET
4.2 LITHIUM-ION BATTERY DISPERSANTS MARKET, BY REGION
4.3 LITHIUM-ION BATTERY DISPERSANTS MARKET, BY MAJOR COUNTRY

5 MARKET OVERVIEW

5.1 INTRODUCTION
5.2 MARKET DYNAMICS
  5.2.1 DRIVERS
    5.2.1.1 Increasing demand for LFP and NMC chemistry type lithium-ion batteries in plug-in vehicles
    5.2.1.2 Growing need for automation and lithium-ion battery-operated material handling equipment in industries
    5.2.1.3 Development of smart devices and other industrial goods using lithium-ion batteries
    5.2.1.4 Growing adoption in renewable energy storage
  5.2.2 RESTRAINTS
    5.2.2.1 Safety issues related to storage and transportation of spent batteries
  5.2.3 OPPORTUNITIES
    5.2.3.1 Declining prices of lithium-ion batteries
    5.2.3.2 Growing number of R&D initiatives by manufacturers for improvements in Li-ion batteries
  5.2.4 CHALLENGES
    5.2.4.1 Overheating of lithium-ion batteries

6 INDUSTRY TRENDS

6.1 GLOBAL MACROECONOMIC OUTLOOK
  6.1.1 GDP
  6.1.2 RISING ADOPTION OF ELECTRIC VEHICLES
6.2 VALUE CHAIN ANALYSIS
6.3 ECOSYSTEM ANALYSIS
6.4 PORTER’S FIVE FORCES ANALYSIS
  6.4.1 BARGAINING POWER OF SUPPLIERS
  6.4.2 BARGAINING POWER OF BUYERS
  6.4.3 THREAT OF NEW ENTRANTS
  6.4.4 THREAT OF SUBSTITUTES
  6.4.5 INTENSITY OF COMPETITIVE RIVALRY
6.5 KEY STAKEHOLDERS AND BUYING CRITERIA
  6.5.1 KEY STAKEHOLDERS IN BUYING PROCESS
  6.5.2 BUYING CRITERIA
6.6 PRICING ANALYSIS
  6.6.1 AVERAGE SELLING PRICE OF LITHIUM-ION BATTERY DISPERSANTS,
BY DISPERSANT TYPE
  6.6.2 AVERAGE SELLING PRICE OF LITHIUM-ION BATTERY DISPERSANTS,
BY REGION
  6.6.3 AVERAGE SELLING PRICE OF LITHIUM-ION BATTERY DISPERSANTS,
BY COMPANY
6.7 TARIFF AND REGULATORY LANDSCAPE
  6.7.1 TARIFF DATA
  6.7.2 REGULATORY LANDSCAPE
    6.7.2.1 Regulatory bodies, government agencies, and other organizations
6.8 KEY CONFERENCES & EVENTS, 2024–2025
6.9 PATENT ANALYSIS
  6.9.1 METHODOLOGY
  6.9.2 MAJOR PATENTS
6.10 TECHNOLOGY ANALYSIS
  6.10.1 KEY TECHNOLOGY
    6.10.1.1 Dispersant synthesis and stabilization technology
  6.10.2 ADJACENT TECHNOLOGY
    6.10.2.1 Solid-state battery technology
  6.10.3 COMPLEMENTARY TECHNOLOGY
    6.10.3.1 High-nickel cathodes
6.11 TRADE ANALYSIS
  6.11.1 IMPORT SCENARIO (HS CODE 850650)
  6.11.2 EXPORT SCENARIO (HS CODE 850650)
6.12 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
6.13 IMPACT OF GENERATIVE AI ON LITHIUM-ION BATTERY DISPERSANTS MARKET
  6.13.1 INTRODUCTION
  6.13.2 OVERVIEW OF IMPACT OF GENERATIVE AI ON LITHIUM-ION BATTERY DISPERSANTS MARKET

7 LITHIUM-ION BATTERY DISPERSANTS MARKET, BY FORMULATION TYPE

7.1 INTRODUCTION
7.2 WATER-BASED DISPERSANTS
  7.2.1 GROWING ENVIRONMENTAL CONCERNS AND SUSTAINABILITY
TO DRIVE DEMAND
7.3 SOLVENT-BASED DISPERSANTS
  7.3.1 SUPERIOR DISPERSION PROPERTIES TO SUPPORT MARKET GROWTH
7.4 FUNCTIONALITY-ENHANCED DISPERSANTS
  7.4.1 GROWING DEMAND FOR HIGH-PERFORMANCE, LONG-LASTING,
AND SAFE BATTERIES TO DRIVE MARKET

8 LITHIUM-ION BATTERY DISPERSANTS MARKET, BY DISPERSANT TYPE

8.1 INTRODUCTION
8.2 BLOCK COPOLYMERS
  8.2.1 INCREASING PRODUCTION OF ELECTRIC VEHICLES TO DRIVE MARKET
8.3 NAPHTHALENE SULFONATES
  8.3.1 RISING DEMAND FOR CONSUMER ELECTRONICS TO BOOST
MARKET GROWTH
8.4 LIGNOSULFONATES
  8.4.1 SUSTAINABLE ALTERNATIVE TO SYNTHETIC POLYMER AND EFFECTIVE
SLURRY STABILIZATION TO PROPEL MARKET
8.5 OTHER DISPERSANT TYPES

9 LITHIUM-ION BATTERY DISPERSANTS MARKET, BY END USE

9.1 INTRODUCTION
9.2 CONSUMER ELECTRONICS
  9.2.1 INCREASING DEMAND FOR CONSUMER ELECTRONICS TO PROPEL MARKET
9.3 MILITARY
  9.3.1 GROWING APPLICATION IN MILITARY EQUIPMENT TO BOOST
MARKET GROWTH
9.4 ELECTRIC VEHICLES
  9.4.1 RISING DEMAND FOR ELECTRIC VEHICLES TO PROPEL MARKET
9.5 INDUSTRIAL
  9.5.1 GROWING INDUSTRIALIZATION TO DRIVE MARKET
9.6 OTHER END USES

10 LITHIUM-ION BATTERY DISPERSANTS MARKET, BY REGION

10.1 INTRODUCTION
10.2 NORTH AMERICA
  10.2.1 US
    10.2.1.1 Government incentives to drive market
  10.2.2 CANADA
    10.2.2.1 Strong manufacturing base to drive demand
  10.2.3 MEXICO
    10.2.3.1 Rising EV adoption to drive growth
10.3 EUROPE
  10.3.1 GERMANY
    10.3.1.1 Strong automotive industry to support market growth
  10.3.2 FRANCE
    10.3.2.1 Technological advancements to propel market
  10.3.3 REST OF EUROPE
10.4 ASIA PACIFIC
  10.4.1 CHINA
    10.4.1.1 Growing production and sales of EVs to drive market
  10.4.2 JAPAN
    10.4.2.1 Presence of key lithium-ion battery manufacturers to drive demand
  10.4.3 SOUTH KOREA
    10.4.3.1 Government initiatives aimed at increasing production of electric vehicles to propel market
  10.4.4 REST OF ASIA PACIFIC
10.5 REST OF THE WORLD
  10.5.1 MIDDLE EAST & AFRICA
    10.5.1.1 Shift toward electric vehicles to drive market
  10.5.2 SOUTH AMERICA
    10.5.2.1 Government spending on military expenditure and electric vehicle infrastructure to boost market growth

11 COMPETITIVE LANDSCAPE

11.1 INTRODUCTION
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
11.3 REVENUE ANALYSIS
11.4 MARKET SHARE ANALYSIS
  11.4.1 MARKET SHARE OF KEY PLAYERS
11.5 BRAND/PRODUCT COMPARISON
11.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
  11.6.1 STARS
  11.6.2 EMERGING LEADERS
  11.6.3 PERVASIVE PLAYERS
  11.6.4 PARTICIPANTS
  11.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
    11.6.5.1 Company footprint
    11.6.5.2 End-use footprint
    11.6.5.3 Dispersant type footprint
    11.6.5.4 Region footprint
11.7 VALUATION AND FINANCIAL METRICS
11.8 COMPETITIVE SCENARIO
  11.8.1 DEALS
  11.8.2 EXPANSIONS

12 COMPANY PROFILES

12.1 KEY PLAYERS
  12.1.1 ASHLAND
    12.1.1.1 Business overview
    12.1.1.2 Products/Solutions/Services offered
    12.1.1.3 MnM view
      12.1.1.3.1 Key strengths
      12.1.1.3.2 Strategic choices
      12.1.1.3.3 Weaknesses and competitive threats
  12.1.2 LG CHEM
    12.1.2.1 Business overview
    12.1.2.2 Products/Solutions/Services offered
    12.1.2.3 MnM view
      12.1.2.3.1 Key strengths
      12.1.2.3.2 Strategic choices
      12.1.2.3.3 Weaknesses and competitive threats
  12.1.3 HUNTSMAN INTERNATIONAL LLC
    12.1.3.1 Business overview
    12.1.3.2 Products/Solutions/Services offered
    12.1.3.3 MnM view
      12.1.3.3.1 Key strengths
      12.1.3.3.2 Strategic choices
      12.1.3.3.3 Weaknesses and competitive threats
  12.1.4 EVONIK INDUSTRIES AG
    12.1.4.1 Business overview
    12.1.4.2 Products/Solutions/Services offered
    12.1.4.3 MnM view
      12.1.4.3.1 Key strengths
      12.1.4.3.2 Strategic choices
      12.1.4.3.3 Weaknesses and competitive threats
  12.1.5 KAO CORPORATION
    12.1.5.1 Business overview
    12.1.5.2 Products/Solutions/Services offered
    12.1.5.3 MnM view
      12.1.5.3.1 Key strengths
      12.1.5.3.2 Strategic choices
      12.1.5.3.3 Weaknesses and competitive threats
  12.1.6 BORREGAARD AS
    12.1.6.1 Business overview
    12.1.6.2 Products/Solutions/Services offered
  12.1.7 THE LUBRIZOL CORPORATION
    12.1.7.1 Business overview
    12.1.7.2 Products/Solutions/Services offered
  12.1.8 CARGILL
    12.1.8.1 Business overview
    12.1.8.2 Products/Solutions/Services offered
  12.1.9 ARTIENCE CO., LTD.
    12.1.9.1 Business overview
    12.1.9.2 Products/Solutions/Services offered
    12.1.9.3 Recent developments
      12.1.9.3.1 Deals
      12.1.9.3.2 Expansions

13 ADJACENT AND RELATED MARKETS

13.1 INTRODUCTION
13.2 LIMITATIONS
13.3 INTERCONNECTED MARKETS
13.4 LITHIUM-ION BATTERY ANODE MARKET
  13.4.1 MARKET DEFINITION
  13.4.2 MARKET OVERVIEW
  13.4.3 LITHIUM-ION BATTERY ANODE MARKET, BY END USE
13.5 AUTOMOTIVE
  13.5.1 RISING DEMAND FOR EVS TO BOOST MARKET
13.6 NON-AUTOMOTIVE
  13.6.1 ENERGY STORAGE
    13.6.1.1 Increasing infrastructure to enhance demand
  13.6.2 AEROSPACE
    13.6.2.1 Growing demand from leading players in aircraft industry
to drive market
  13.6.3 MARINE
    13.6.3.1 Provision of significant reductions in cost of fuel, maintenance,
and emission in electric and hybrid ships to drive market
  13.6.4 OTHER END USES

14 APPENDIX

14.1 DISCUSSION GUIDE
14.2 CUSTOMIZATION OPTIONS
14.3 RELATED REPORTS
14.4 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.5 AUTHOR DETAILS


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