Dublin, April 02, 2021 (GLOBE NEWSWIRE) -- The "Battery Coatings - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Battery Coatings estimated at US$ 165 Million in the year 2020, is projected to reach a revised size of US$ 353.8 Million by 2027, growing at a CAGR of 11.5% over the analysis period 2020-2027.
PVDF, one of the segments analyzed in the report, is projected to record a 12.8% CAGR and reach US$ 129 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Ceramic segment is readjusted to a revised 11.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $48.7 Million, While China is Forecast to Grow at 11% CAGR
The Battery Coatings market in the U.S. is estimated at US$ 48.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$ 61.7 Million by the year 2027 trailing a CAGR of 11% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.2% and 9.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.3% CAGR.
Alumina Segment to Record 10% CAGR
In the global Alumina segment, USA, Canada, Japan, China and Europe will drive the 9.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$ 23.6 Million in the year 2020 will reach a projected size of US$ 45.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$ 41.5 Million by the year 2027.
Select Competitors (Total 45 Featured):
ALD Nanosolutions, Inc.
Apv Engineered Coatings
Asahi Kasei Corporation
Forge Nano Inc.
Mitsubishi Paper Mills Ltd.
Nano One Materials Corp.
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Global Competitor Market Shares
Battery Coatings Competitor Market Share Scenario Worldwide (in %): E
Global Competitor Market Shares by Segment
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Total Companies Profiled: 45
For more information about this report visit https://www.researchandmarkets.com/r/8n2j4i
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