Lithium-Ion Battery Dispersant Market Size, Growth, Opportunities, Regional Graph, Segmentation, Top Players and Forecast to 2027

Lithium-Ion Battery Dispersant Market Size, Growth, Opportunities, Regional Graph, Segmentation, Top Players and Forecast to 2027

February 26
16:00 2024
Lithium-Ion Battery Dispersant Market Size, Growth, Opportunities, Regional Graph, Segmentation, Top Players and Forecast to 2027
Browse 124 market data Tables and 40 Figures spread through 126 Pages and in-depth TOC on “Lithium-Ion Battery Dispersant Market”
Lithium-Ion Battery Dispersant Market by Type (Block Co-Polymers, Naphthalene Sulfonates, Lignosulfonates, Others), End-Use (Consumer Electronics, Military, Electric Vehicles, Industrial, Others) and Region – Global Forecast to 2027

The global lithium-ion battery dispersant market size is estimated to grow from USD 735 million in 2022 to USD 1,285 million by 2027, at a CAGR of 11.8% during the forecast period. The lithium-ion battery dispersant market has been growing at a moderate pace over the past five years, owing to rapid technological advancements and expansion in the electric vehicle sector. Key players in the lithium-ion battery dispersant market include. Ashland (US), Kao Corporation (Japan), LG Chem (South Korea), Toyocolor Co., Ltd. (Japan), The Lubrizol Corporation (US), Croda International PLC (UK), Borregaard AS (Norway). 

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Substantial investments have been made in the past few years by the key players to address the growing demand for lithium-ion battery dispersant. These players have been focusing on product launches to cater to the increasing demand for lithium-ion battery dispersant in the market.

LG Chem is one of the largest manufacturers and distributors of lithium-ion battery dispersant. LG Chem is one of the leading chemical manufacturing companies and offers its products under five product segments—petrochemicals, energy solutions, advanced materials, life sciences, and common & others. Along with lithium-ion battery dispersant, the company also offers various kinds of IT materials such as polarizers, automotive materials for LCD photoresists, OLED materials, battery materials and others, as well as reverse osmosis (RO) membrane. The dispersant offered by the company is specially focused on applications such as automobile batteries which is the growing market for lithium-ion battery. The company has more than 20 subsidiaries. It has a regional presence in Asia Pacific, Europe, and North America.

Ashland is one of the major players which provide specialty materials to cater to a wide range of applications, including architectural coatings, construction, energy, food & beverage, nutraceuticals, personal care, and the pharmaceutical industry. The company offers its products under four segments—life sciences, personal care & household, specialty additives, and intermediates & solvents. Ashland sells the dispersant used for lithium-ion batteries under the Soteras brand. Ashland offers lithium-ion battery dispersant for a water-based slurry of lithium-ion battery electrode preparation, which is used both for anode and cathode preparation. The company has R&D centers and a regional presence in North America, Europe, and Asia Pacific.

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During the forecast period, the Asia Pacific region is projected to spearhead the lithium-ion battery dispersant market in terms of value. This surge in demand is primarily attributed to the rapid growth experienced in emerging economies within the region, rendering Asia Pacific highly attractive to lithium-ion battery manufacturers. The market is further propelled by the presence of prominent electronic manufacturers in the area, including Panasonic Corp. and Sony Corp. in Japan, as well as Samsung SDI Co., Ltd. and LG Electronics Inc. in South Korea, thus fueling the need for lithium-ion battery dispersants in Asia Pacific.

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