From GlobeNewswire: 2025-06-16 09:45:00

The Lithium-ion Battery Binders Market was valued at USD 2.29 billion in 2024, set to reach USD 8.51 billion by 2032, with a CAGR of 17.85%. Growing demand is driven by EV adoption, energy storage needs, and federal investments in domestic binder manufacturing. Key players include Solvay, BASF, and others. The U.S. market alone is worth USD 333.9 million.

Cathode binders dominated the market in 2024 with a 54.1% share, driven by demand for higher energy density batteries in EVs and electronics. PVDF material held a 39.5% share, favored for its chemical resistance and adhesion properties. Electric vehicles led applications with a 47.6% share, supported by global EV adoption. Asia Pacific led in regional market share at 48.2%, driven by battery production in China, Japan, and South Korea.

Recent developments include BASF expanding U.S. production of Licity anode binders for EV batteries. SNS Insider offers detailed research reports on the Lithium-ion Battery Binders Market to help clients navigate changing market conditions.



Read more at GlobeNewswire: Lithium-ion Battery Binders Market to Reach USD 8.51