According
to CCM, the battery separator industry in China is showing an incredible growth
in this period, best of all the wet process separator industry. This trend will
lead very likely to a domination of this industry in the whole separator
industry in the near future.
Source: Baidu
Digital
electronic products take a huge part of the daily life of almost everyone
nowadays. Also, alternative energy experiences a high level of demand
throughout the world. These developments lead to the fast-growing Lithium-Ion
battery market, especially in China, because it is used a lot in the high-end
digital market as well as in the power battery market. Related to the growing
Li-ion battery market, the whole separator industry is seeing an increasing
demand worldwide, leading to a fast increase of this industry. According to
CCM, the total output of Li-ion battery separators worldwide reached around
1.72 billion square meter in the year 2016. Looking back at 2010, the
output was on a low level around 500 million square meter.
China’s
manufacturers are benefitting strongly from the fast growth of the industry,
exceeding the output of battery separators every year once more. The market of
China’s Li-ion battery separator market achieved a growth of about 33% in 2016,
compared to the previous year. The share of wet process separators was around
42% in 2016, almost gaining half of the total share. More than half of the
share for wet process separators is expected to be realized until 2018, according
to CCM.
What’s
more, the superior production of wet processor separators in comparison to dry
processor separators worldwide can also be seen in the number and market share
of the leading manufacturers in China. The four leading manufacturers of
battery separators have a market share of over 55%, of whom three belong to the
business of wet processor separators, while one is focusing on the dry
processor separators.
According
to CCM, China’s Li-ion battery separator industry will experience a huge change
in the new future, preferring the usage of wet process separators for
production instead of dry process separators. The market furthermore will be
mainly determined by a growth of the power market, high-end digital market as
well as the trading.
The
demand of wet process separators in China is mainly driven by the growing
alternative energy vehicle industry. However, even the process separator industry
is rising largely, the demand of those products can’t be met yet by China’s
producers. The main reasons for the short supply, according to CCM, are high
barriers in technologies, a long production line, and uncertainties in the
capacity attainment. This all results in a fairly long time for a capacity expansion
of Chinese manufacturers.
What’s
more, the huge market demand for separators is very likely to increase global
capacity. This may bring quantity increases and related price collapses. The
global demand for Li-ion was almost 2 billion square meter in 2016, which represents a growth rate of
about 33% from 2013 to 2016.
About CCM:
CCM
is the leading market intelligence provider for China’s agriculture, chemicals,
food & ingredients and life science markets.
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