Global Lithium-Ion Battery Polyimid? (PI) Binders Market Size was valued at USD 207.6 Mn in 2024 and is predicted to reach USD 761.1 Mn by 2034 at a 14.2% CAGR during the forecast period for 2025-2034.
High-performance polymer materials called lithium-ion battery polyimide (PI) binders are used in battery electrodes to improve mechanical stability, thermal resistance, and chemical durability. During charging-discharge cycles, these binders ensure the structural integrity of electrodes by providing superior adhesion and flexibility. In contrast to conventional PVDF binders, PI binders have exceptional electrochemical stability, which makes them perfect for next-generation high-energy-density batteries. Applications for lithium-ion battery PI binders are used in a variety of industries, including electronics, electric vehicles (EVs), energy storage systems (ESS), and aerospace. The use of PI binders is being driven by the growing need for high-energy-density, long-cycle-life batteries in consumer electronics, electric vehicles (EVs), and energy storage systems (ESS).
Additionally, the demand for advanced battery materials is being driven by the EV sector's rapid growth, which is being driven by strict emission regulations and government incentives. Furthermore, the use of PI binders is being accelerated by safety concerns related to lithium-ion batteries, especially in high-temperature and high-voltage applications. Their superior heat resistance increases battery reliability by lowering the possibility of thermal runaway. As a result of tighter regulations and rising consumer demands for durable, safe batteries, manufacturers are incorporating PI binders to increase overall battery stability.
Additionally, as environmental concerns grow, manufacturers of batteries are concentrating on sustainable materials and production techniques. Global sustainability goals are aligned with PI binders because of their improved recyclability and minimal VOC emissions. In order to support more advanced battery technologies, this trend is driving investigations into environmentally friendly binding methods. However, when compared to conventional binders like PVDF, the cost of producing polyimide binders is high since it requires advanced polymer synthesis. Costly materials and complicated processing requirements restrict its widespread use.
Some of the Major Key Players in the Lithium-Ion Battery Polyimid? (PI) Binders Market are:
The lithium-ion battery polyimid? (PI) binders market is segmented based on product, battery type, application, and end-user. Based on product, the market is segmented into PI-OH (Hydroxy-functionaliz?d PI), copolyimid? bind?rs, fluorinat?d polyimid? bind?rs, PI-COOH (Carboxyl-functionaliz?d PI), Nano-polyimid? bind?rs, high-t?mp?ratur? r?sistant polyimid? bind?rs, and oth?rs. By battery type, the market is segmented into lithium iron phosphat?, lithium nick?l cobalt aluminum oxid?, silicon-bas?d lithium-ion, lithium cobalt oxid?, lithium nick?l mangan?s? cobalt oxid?, lithium mangan?s? oxid?, graphit?-bas?d lithium-ion, and oth?rs. By application, the market is segmented into anod? bind?rs and cathod? bind?rs. By end-user, the market is segmented into consum?r el?ctronics (smartphon?s, w?arabl?s, laptops & tabl?ts, smart hom? d?vic?s, oth?rs), en?rgy storag? syst?ms (ESS) (r?sid?ntial en?rgy storag?, grid-scal? storag?, comm?rcial & industrial (C&I) Storag?), a?rospac? & d?f?ns? (sat?llit?s, unmann?d a?rial v?hicl?s (UAVs), military equipm?nt, oth?rs), el?ctric v?hicl?s (evs) (batt?ry el?ctric v?hicl?s (BEVS), plug-in hybrid el?ctric v?hicl?s (PHEVS), hybrid el?ctric v?hicl?s (HEVS)), m?dical d?vic?s (portabl? m?dical equipm?nt, implantabl? d?vic?s, oth?rs), and oth?rs.
The lithium cobalt oxid? segment is expected to hold a major global market share in 2024. One of the most commonly used varieties of lithium-ion batteries is the lithium cobalt oxide (LCO) battery, due to its high energy density. Among other devices, digital cameras, laptops, tablets, and smartphones mostly use it as a power source. The high energy content of lithium cobalt oxide batteries makes them ideal for usage in consumer devices. Their poor power density, low thermal stability, and short lifespan (two to three years) render them unsuitable for the majority of other uses. It is anticipated that the increasing use of lithium cobalt oxide in consumer electronics will drive demand for lithium-ion battery polyimide (PI) binders.
The cathode binders segment is anticipated to accommodate the largest revenue share during the forecast period. This is because PI binders are essential for improving adhesion, thermal stability, and chemical resistance in high-energy cathode materials, especially for lithium nickel cobalt oxide and lithium nickel cobalt aluminum oxide batteries used in electric vehicles.
Asia Pacific lithium-ion battery polyimid? (PI) binders market is expected to register the highest market share in revenue in the near future fueled by the robust consumer electronics demand, the rapid growth of electric vehicle (EV) production, and large-scale battery manufacturing in South Korea, Japan, and China. The need for sophisticated lithium-ion battery polyimide (PI) binders has increased dramatically as a result of China's electric vehicle industry's rapid growth, which government incentives and a strong emphasis on renewable energy have aided. In addition, Europe is projected to grow rapidly in the global Lithium-Ion Battery Polyimid? (PI) Binders market.
The European Union's strict environmental laws and aggressive carbon emission reduction targets are driving investments in high-performance binders and other cutting-edge battery technology. France and Germany are spending money on research and development to produce binders that support the region's ecological goals while simultaneously enhancing battery performance. With its emphasis on green technologies, Europe is establishing itself as a global leader in the transition to cleaner energy sources.
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Report Attribute |
Specifications |
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Market Size Value In 2024 |
USD 207.6 Mn |
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Revenue Forecast In 2034 |
USD 761.1 Mn |
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Growth Rate CAGR |
CAGR of 14.2% from 2025 to 2034 |
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Quantitative Units |
Representation of revenue in US$ Mn and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Product, By Battery Type, By Application, By End-user and By Region |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
Solvay S.A., Asahi Kasei Corporation, 3M Company, Sumitomo Chemical Co., Ltd., Daikin Industries Ltd., Arkema S.A., Wacker Chemie AG, JSR Corporation, UBE Corporation, BASF SE, DuPont, Mitsubishi Chemical Company, Shin-Etsu Chemical Co., Ltd., Evonik, and others. |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Lithium-ion Battery Polyimid? (PI) Binders Market Snapshot
Chapter 4. Global Lithium-ion Battery Polyimid? (PI) Binders Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Porter's Five Forces Analysis
4.7. Incremental Opportunity Analysis (US$ MN), 2024-2034
4.8. Competitive Landscape & Market Share Analysis, By Key Player (2023)
4.9. Use/impact of AI on Lithium-ion Battery Polyimid? (PI) Binders Market Industry Trends
4.10. Global Lithium-ion Battery Polyimid? (PI) Binders Market Penetration & Growth Prospect Mapping (US$ Mn), 2021-2034
Chapter 5. Lithium-ion Battery Polyimid? (PI) Binders Market Segmentation 1: By Product Typ?, Estimates & Trend Analysis
5.1. Market Share by Product Typ?, 2024 & 2034
5.2. Market Size Revenue (US$ Million) & Forecasts and Trend Analyses, 2021 to 2034 for the following Product Typ?:
5.2.1. PI-OH (Hydroxy-functionaliz?d PI)
5.2.2. PI-COOH (Carboxyl-functionaliz?d PI)
5.2.3. Nano-Polyimid? Bind?rs
5.2.4. Copolyimid? Bind?rs
5.2.5. Fluorinat?d Polyimid? Bind?rs
5.2.6. High-T?mp?ratur? R?sistant Polyimid? Bind?rs
5.2.7. Oth?rs
Chapter 6. Lithium-ion Battery Polyimid? (PI) Binders Market Segmentation 2: By Batt?ry Typ?, Estimates & Trend Analysis
6.1. Market Share by Batt?ry Typ?, 2024 & 2034
6.2. Market Size Revenue (US$ Million) & Forecasts and Trend Analyses, 2021 to 2034 for the following Batt?ry Typ?:
6.2.1. Lithium Iron Phosphat?
6.2.2. Lithium Nick?l Mangan?s? Cobalt Oxid?
6.2.3. Lithium Cobalt Oxid?
6.2.4. Lithium Mangan?s? Oxid?
6.2.5. Lithium Nick?l Cobalt Aluminum Oxid?
6.2.6. Silicon-bas?d Lithium-ion
6.2.7. Graphit?-bas?d Lithium-ion
6.2.8. Oth?rs
Chapter 7. Lithium-ion Battery Polyimid? (PI) Binders Market Segmentation 3: By Application, Estimates & Trend Analysis
7.1. Market Share by Application, 2024 & 2034
7.2. Market Size Revenue (US$ Million) & Forecasts and Trend Analyses, 2021 to 2034 for the following Application:
7.2.1. Anod? Bind?rs
7.2.2. Cathod? Bind?rs
Chapter 8. Lithium-ion Battery Polyimid? (PI) Binders Market Segmentation 3: By End User, Estimates & Trend Analysis
8.1. Market Share by End User, 2024 & 2034
8.2. Market Size Revenue (US$ Million) & Forecasts and Trend Analyses, 2021 to 2034 for the following End User:
8.2.1. Consum?r El?ctronics
8.2.1.1. Smartphon?s
8.2.1.2. Laptops & Tabl?ts
8.2.1.3. W?arabl?s
8.2.1.4. Smart Hom? D?vic?s
8.2.1.5. Oth?rs
8.2.2. El?ctric V?hicl?s (EVs)
8.2.2.1. Batt?ry El?ctric V?hicl?s (BEVs)
8.2.2.2. Plug-in Hybrid El?ctric V?hicl?s (PHEVs)
8.2.2.3. Hybrid El?ctric V?hicl?s (HEVs)
8.2.3. En?rgy Storag? Syst?ms (ESS)
8.2.3.1. R?sid?ntial En?rgy Storag?
8.2.3.2. Comm?rcial & Industrial (C&I) Storag?
8.2.3.3. Grid-scal? Storag?
8.2.4. A?rospac? & D?f?ns?
8.2.4.1. Sat?llit?s
8.2.4.2. Military Equipm?nt
8.2.4.3. Unmann?d A?rial V?hicl?s (UAVs)
8.2.4.4. Oth?rs
8.2.5. M?dical D?vic?s
8.2.5.1. Implantabl? D?vic?s
8.2.5.2. Portabl? M?dical Equipm?nt
8.2.5.3. Oth?rs
8.2.6. Oth?rs
Chapter 9. Lithium-ion Battery Polyimid? (PI) Binders Market Segmentation 5: Regional Estimates & Trend Analysis
9.1. Global Lithium-ion Battery Polyimid? (PI) Binders Market, Regional Snapshot 2024 & 2034
9.2. North America
9.2.1. North America Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034
9.2.1.1. US
9.2.1.2. Canada
9.2.2. North America Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by Product Typ?, 2021-2034
9.2.3. North America Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by Batt?ry Typ?, 2021-2034
9.2.4. North America Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
9.2.5. North America Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by End User, 2021-2034
9.3. Europe
9.3.1. Europe Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034
9.3.1.1. Germany
9.3.1.2. U.K.
9.3.1.3. France
9.3.1.4. Italy
9.3.1.5. Spain
9.3.1.6. Rest of Europe
9.3.2. Europe Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by Product Typ?, 2021-2034
9.3.3. Europe Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by Batt?ry Typ?, 2021-2034
9.3.4. Europe Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
9.3.5. Europe Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by End User, 2021-2034
9.4. Asia Pacific
9.4.1. Asia Pacific Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034
9.4.1.1. India
9.4.1.2. China
9.4.1.3. Japan
9.4.1.4. Australia
9.4.1.5. South Korea
9.4.1.6. Hong Kong
9.4.1.7. Southeast Asia
9.4.1.8. Rest of Asia Pacific
9.4.2. Asia Pacific Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by Product Typ?, 2021-2034
9.4.3. Asia Pacific Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by Batt?ry Typ?, 2021-2034
9.4.4. Asia Pacific Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
9.4.5. Asia Pacific Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by End User, 2021-2034
9.5. Latin America
9.5.1. Latin America Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034
9.5.1.1. Brazil
9.5.1.2. Mexico
9.5.1.3. Rest of Latin America
9.5.2. Latin America Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by Product Typ?, 2021-2034
9.5.3. Latin America Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by Batt?ry Typ?, 2021-2034
9.5.4. Latin America Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
9.5.5. Latin America Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by End User, 2021-2034
9.6. Middle East & Africa
9.6.1. Middle East & Africa Wind Turbine Rotor Blade Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
9.6.1.1. GCC Countries
9.6.1.2. Israel
9.6.1.3. South Africa
9.6.1.4. Rest of Middle East and Africa
9.6.2. Middle East & Africa Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by Product Typ?, 2021-2034
9.6.3. Middle East & Africa Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by Batt?ry Typ?, 2021-2034
9.6.4. Middle East & Africa Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
9.6.5. Middle East & Africa Lithium-ion Battery Polyimid? (PI) Binders Market Revenue (US$ Million) Estimates and Forecasts by End User, 2021-2034
Chapter 10. Competitive Landscape
10.1. Major Mergers and Acquisitions/Strategic Alliances
10.2. Company Profiles
10.2.1. F. Solvay S.A.
10.2.1.1. Business Overview
10.2.1.2. Key Product Typ?/Service Overview
10.2.1.3. Financial Performance
10.2.1.4. Geographical Presence
10.2.1.5. Recent Developments with Business Strategy
10.2.2. UBE Corporation
10.2.3. Ark?ma S.A.
10.2.4. Wack?r Ch?mi? AG
10.2.5. JSR Corporation
10.2.6. BASF SE
10.2.7. DuPont
10.2.8. Asahi Kas?i Corporation
10.2.9. 3M Company
10.2.10. Sumitomo Ch?mical Co., Ltd.
10.2.11. Daikin Industri?s Ltd.
10.2.12. Mitsubishi Ch?mical Company
10.2.13. Shin-Etsu Ch?mical Co., Ltd.
10.2.14. Evonik
10.2.15. Among Others
Segmentation of Lithium-Ion Battery Polyimid? (PI) Binders Market-
Lithium-Ion Battery Polyimid? (PI) Binders Market-By Product
Lithium-Ion Battery Polyimid? (PI) Binders Market-By Battery Type
Lithium-Ion Battery Polyimid? (PI) Binders Market-By Application
Lithium-Ion Battery Polyimid? (PI) Binders Market-By End-User
Lithium-Ion Battery Polyimid? (PI) Binders Market-By Region
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
