Lithium-Ion Battery Separator Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Lithium Ion Battery Separator Market Share & Industry Growth and It is Segmented by Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Report Offers the Market Size and Forecasts in Terms of Revenue (in USD) for all the Above Segments.

Lithium-Ion Battery Separator Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Lithium Ion Battery Separator Market Size

Lithium-ion Battery Separator Market Summary
Study Period 2020 - 2030
Market Size (2025) USD 6.37 Billion
Market Size (2030) USD 14.34 Billion
CAGR (2025 - 2030) 17.60 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Lithium-ion Battery Separator Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Lithium-ion Battery Separator Market Analysis

The Lithium-ion Battery Separator Market size is estimated at USD 6.37 billion in 2025, and is expected to reach USD 14.34 billion by 2030, at a CAGR of 17.6% during the forecast period (2025-2030).

• Over the medium term, factors such as declining lithium-ion battery prices and the increasing adoption of electric vehicles are expected to drive the market.

• On the other hand, the demand-supply mismatch of raw materials is expected to restrain the market growth during the forecast period.

• Moreover, advancements in battery technology have dramatically increased the demand for improvements in separator design. Current separators, either in commercial usage or under the development stage, have yet to meet the high stability and lifespan performance standards necessary to prevent deterioration in the efficiency and reliability of battery technologies. This will likely create immense opportunities for the market studied during the forecast period.

• The Asia-Pacific is expected to be the largest and fastest-growing market during the forecast period, with most of the demand coming from countries like China, Japan, etc.

Lithium-ion Battery Separator Industry Overview

The lithium-ion battery separator market is semi-fragmented. Some of the major players operating in this market include (in no particular order) Asahi Kasei Corp., Toray Industries Inc., Sumitomo Chemical Co. Ltd, SK Innovation Co. Ltd, and Ube Industries Ltd, among others.

Lithium Ion Battery Separator Market Leaders

  1. Asahi Kasei Corp.

  2. Toray Industries Inc.

  3. Sumitomo Chemical Co. Ltd

  4. SK Innovation Co. Ltd

  5. Ube Industries Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Lithium-ion Battery Separator Market Concentration
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Lithium-ion Battery Separator Market News

  • April 2024: Asahi Kasei announced the build for the base film manufacturing and coating of the Hipore wet-process lithium-ion battery separator. The plant will open in Ontario, Canada. Further, the company expects investments through the receipt of financial support from the federal government of Canada and the provincial government of Ontario.
  • May 2023: SK IE Technology (SKIET) announced that the company had reached an agreement with the Chinese battery manufacturer - Sunwoda to supply separators for electric car batteries. Under the agreement, initially, the supply of battery separators would be limited to China and later extended to Europe.

Lithium Ion Battery Separator Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, till 2029
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Declining Lithium-ion Battery Prices
    • 4.5.1.2 The Increasing Adoption of Electric Vehicles
    • 4.5.2 Restraints
    • 4.5.2.1 The Demand-Supply Mismatch of Raw Materials
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitute Products and Services
    • 4.7.5 Intensity of Competitive Rivalry
  • 4.8 Investment Analysis

5. MARKET SEGMENTATION

  • 5.1 By Geography
    • 5.1.1 North America
    • 5.1.1.1 United States
    • 5.1.1.2 Canada
    • 5.1.1.3 Mexico
    • 5.1.1.4 Rest of North America
    • 5.1.2 Europe
    • 5.1.2.1 United Kingdom
    • 5.1.2.2 France
    • 5.1.2.3 Russia
    • 5.1.2.4 Spain
    • 5.1.2.5 Germany
    • 5.1.2.6 NORDIC
    • 5.1.2.7 Italy
    • 5.1.2.8 Rest of Europe
    • 5.1.3 Asia-Pacific
    • 5.1.3.1 India
    • 5.1.3.2 China
    • 5.1.3.3 Japan
    • 5.1.3.4 Malaysia
    • 5.1.3.5 Indonesia
    • 5.1.3.6 Australia
    • 5.1.3.7 Thailand
    • 5.1.3.8 Vietnam
    • 5.1.3.9 Rest of Asia-Pacific
    • 5.1.4 South America
    • 5.1.4.1 Brazil
    • 5.1.4.2 Argentina
    • 5.1.4.3 Colombia
    • 5.1.4.4 Rest of South America
    • 5.1.5 Middle East and Africa
    • 5.1.5.1 United Arab Emirates
    • 5.1.5.2 Saudi Arabia
    • 5.1.5.3 Qatar
    • 5.1.5.4 Nigeria
    • 5.1.5.5 Egypt
    • 5.1.5.6 South Africa
    • 5.1.5.7 Rest of Middle East and Africa
    • 5.1.6

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Asahi Kasei Corp.
    • 6.3.2 Toray Industries Inc.
    • 6.3.3 Sumitomo Chemical Co. Ltd
    • 6.3.4 Entek International LLC
    • 6.3.5 SK Innovation Co. Ltd
    • 6.3.6 Ube Industries Ltd
    • 6.3.7 Mitsubishi Paper Mills Ltd
    • 6.3.8 Dreamweaver International
    • 6.3.9 W-SCOPE CORPORATION
  • *List Not Exhaustive
  • 6.4 Market Ranking/Share (%) Analysis
  • 6.5 List of Other Prominent Companies

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Technological Advancement for the Improvements in Separator Design
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Lithium-ion Battery Separator Industry Segmentation

The battery separator works as a membrane between the anode and cathode. It is a key component within the lithium-ion battery cell. In lithium-ion batteries, separators create a barrier to prevent the short circuit between the cathode and anode.

The market is segmented by geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The report also covers the market size and forecasts for the lithium-ion battery separator market across major regions. The report offers the market size and forecasts in terms of revenue in USD for all the above segments.

By Geography North America United States
Canada
Mexico
Rest of North America
Europe United Kingdom
France
Russia
Spain
Germany
NORDIC
Italy
Rest of Europe
Asia-Pacific India
China
Japan
Malaysia
Indonesia
Australia
Thailand
Vietnam
Rest of Asia-Pacific
South America Brazil
Argentina
Colombia
Rest of South America
Middle East and Africa United Arab Emirates
Saudi Arabia
Qatar
Nigeria
Egypt
South Africa
Rest of Middle East and Africa
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Lithium Ion Battery Separator Market Research FAQs

How big is the Lithium-ion Battery Separator Market?

The Lithium-ion Battery Separator Market size is expected to reach USD 6.37 billion in 2025 and grow at a CAGR of 17.60% to reach USD 14.34 billion by 2030.

What is the current Lithium-ion Battery Separator Market size?

In 2025, the Lithium-ion Battery Separator Market size is expected to reach USD 6.37 billion.

Who are the key players in Lithium-ion Battery Separator Market?

Asahi Kasei Corp., Toray Industries Inc., Sumitomo Chemical Co. Ltd, SK Innovation Co. Ltd and Ube Industries Ltd. are the major companies operating in the Lithium-ion Battery Separator Market.

Which is the fastest growing region in Lithium-ion Battery Separator Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Lithium-ion Battery Separator Market?

In 2025, the Asia Pacific accounts for the largest market share in Lithium-ion Battery Separator Market.

What years does this Lithium-ion Battery Separator Market cover, and what was the market size in 2024?

In 2024, the Lithium-ion Battery Separator Market size was estimated at USD 5.25 billion. The report covers the Lithium-ion Battery Separator Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Lithium-ion Battery Separator Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Lithium Ion Battery Separator Industry Report

Statistics for the 2025 Lithium-ion Battery Separator market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Lithium-ion Battery Separator analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.