North American Lithium Ion Battery Binder Market 2025-2025

Description

List of Tables

North America Lithium-Ion Battery Binder Market Size, Share & Trends Analysis Report by Binder (Cathode Binder, Anode Binder), by End-User Industry (Consumer Electronics, Automobile, Aerospace & Defense, Others), Forecast Period (2026-2035)

Industry Overview

North America lithium-ion battery binder market was valued at $567.6 million in 2025 and is projected to reach $2,589.1 million by 2035, growing at a CAGR of 16.4% during the forecast period (2026-2035). The North America lithium-ion battery binder market is expanding as regional industries emphasize higher energy storage efficiency and material durability. Growing investment in electric mobility and grid-scale storage systems has amplified the need for reliable binder solutions. Manufacturers are focusing on developing customized formulations that enhance electrode performance and cycle life. The shift toward sustainable production methods, including solvent-free and eco-friendly binders, is further accelerating market acceptance. Collaborative efforts between chemical producers and battery cell developers are improving material compatibility and performance consistency.

Market Dynamics

Expansion of Advanced Binder Technologies

The North American lithium-ion battery binder market is witnessing notable growth as manufacturers shift toward high-performance polymer binders. This trend is driven by the need for improved adhesion, mechanical strength, and chemical stability in modern batteries. Companies are investing in R&D to enhance binder compatibility with silicon- and graphite-based anodes. The adoption of water-based binders is also rising due to environmental regulations. These innovations are strengthening supply chains and reducing dependency on imported materials. Overall, technological advancement remains a central driver of market expansion.

Integration with the Domestic Battery Manufacturing Ecosystem

The rapid development of battery production facilities across the US and Canada is fueling demand for local binder suppliers. Strategic collaborations between chemical producers and cell manufacturers are becoming common to ensure a stable raw material supply. This shift supports regional energy security and promotes industrial self-reliance. Government incentives for electric vehicles and energy storage projects further encourage localized production. As a result, the binder market is aligning closely with the broader North American electrification strategy.

Market Segmentation

Based on the type, the market is segmented into cathode binder and anode binder.
Based on the end-user industry, the market is segmented into consumer electronics, automobiles, aerospace & defense, and others.

Anode Binders Segment to Lead the Market with the Largest Share

The growing use of high-capacity anode materials has increased the importance of specialized binders in the North American market. Advanced anode binders enhance particle cohesion and maintain electrode integrity under high cycling conditions. Their role in improving energy density and battery lifespan has led to greater adoption among EV and storage manufacturers. Local suppliers are expanding production to meet this evolving demand. The trend reflects a broader movement toward sustainable and efficient energy storage solutions. Continuous innovation in binder formulations is expected to sustain this momentum.

Automobile: A Key Segment in Market Growth

The accelerating shift toward electric vehicles is significantly boosting the demand for lithium-ion battery binders across North America. Automakers are investing in regional cell production to support cleaner mobility goals. Binders play a critical role in maintaining electrode stability, directly influencing vehicle range and performance. The integration of advanced materials ensures reliability under diverse operating conditions. With several EV gigafactories under construction, the market is positioned for steady growth. This automotive transformation is reinforcing North America's role in the global battery supply chain.

Regional Outlook

North America lithium-ion battery binder market is further divided by countries, including the US and Canada.

US Dominates the Market with Major Share

The US lithium-ion battery binder sector is expanding owing to increasing investments in domestic battery manufacturing. Rising demand from electric vehicles and renewable energy storage systems is strengthening production activity. Local companies are focusing on developing sustainable, water-based binders to meet regulatory expectations. Strategic partnerships between polymer producers and battery firms are enhancing supply security. The market also benefits from federal incentives supporting clean energy initiatives.

Market Players Outlook

The major companies operating in the North America lithium-ion battery binder market include Arkema S.A., BASF SE, DuPont de Nemours, Inc., Kureha Corporation, and Solvay S.A., among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.

Recent Developments

In April 2024, AM Batteries, in the field of lithium-ion dry-electrode technologies, announced it will be working with Tokyo-based Zeon Corporation (Zeon) to develop dry battery electrode (DBE) manufacturing with an innovative and novel binder. Through its investment arm, Zeon Ventures, Zeon invested in AM Batteries in December 2022. As part of this deal, Zeon worked closely with AM Batteries to support the commercialization of the company's electrode manufacturing solution for lithium-ion batteries.

The Report Covers:

Market value data analysis of 2025 and forecast to 2035.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the North America lithium-ion battery binder market. Based on the availability of data, information related to new products and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.

Product Code: OMR2023726

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
North America Lithium-Ion Battery Binder Market Sales Analysis - Type | End-User Industry | ($ Million)
North America Lithium-Ion Battery Binder Market Sales Performance of Top Countries
1.1. Research Methodology
Primary Research Approach
Secondary Research Approach
1.2. Market Snapshot

2. Market Overview and Insights

2.1. Scope of the Study
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key North America Lithium-Ion Battery Binder Industry Trends
- 2.2.2. Market Recommendations

3. Market Determinants

3.1. Market Drivers
- 3.1.1. Drivers For North America Lithium-Ion Battery Binder Market: Impact Analysis
3.2. Market Pain Points and Challenges
- 3.2.1. Restraints For North America Lithium-Ion Battery Binder Market: Impact Analysis
3.3. Market Opportunities

4. Competitive Landscape

4.1. Competitive Dashboard - North America Lithium-Ion Battery Binder Market Revenue and Share by Manufacturers
Lithium-Ion Battery Binder Product Comparison Analysis
Top Market Player Ranking Matrix
4.2. Key Company Analysis
- 4.2.1. Arkema S.A.
  - 4.2.1.1. Overview
  - 4.2.1.2. Product Portfolio
  - 4.2.1.3. Financial Analysis
  - 4.2.1.4. SWOT Analysis
  - 4.2.1.5. Business Strategy
- 4.2.2. BASF SE
  - 4.2.2.1. Overview
  - 4.2.2.2. Product Portfolio
  - 4.2.2.3. Financial Analysis
  - 4.2.2.4. SWOT Analysis
  - 4.2.2.5. Business Strategy
- 4.2.3. DuPont de Nemours, Inc.
  - 4.2.3.1. Overview
  - 4.2.3.2. Product Portfolio
  - 4.2.3.3. Financial Analysis
  - 4.2.3.4. SWOT Analysis
  - 4.2.3.5. Business Strategy
- 4.2.4. Kureha Corporation
  - 4.2.4.1. Overview
  - 4.2.4.2. Product Portfolio
  - 4.2.4.3. Financial Analysis
  - 4.2.4.4. SWOT Analysis
  - 4.2.4.5. Business Strategy
- 4.2.5. Solvay S.A.
  - 4.2.5.1. Overview
  - 4.2.5.2. Product Portfolio
  - 4.2.5.3. Financial Analysis
  - 4.2.5.4. SWOT Analysis
  - 4.2.5.5. Business Strategy
4.3. Top Winning Strategies by Market Players
- 4.3.1. Merger and Acquisition
- 4.3.2. Product Launch
- 4.3.3. Partnership And Collaboration

5. North America Lithium-Ion Battery Binder Market Sales Analysis by Type ($ Million)

5.1. Cathode Binders
5.2. Anode Binders

6. North America Lithium-Ion Battery Binder Market Sales Analysis by End-User Industry ($ Million)

6.1. Consumer Electronics
6.2. Automobile
6.3. Aerospace & Defense
6.4. Other

7. Regional Analysis

7.1. North America Lithium-Ion Battery Binder Market Sales Analysis - Type | End-User Industry | Country ($ Million)
Macroeconomic Factors for North America
- 7.1.1. US
- 7.1.2. Canada

8. Company Profiles

8.1. APV Engineered Coatings LLC
- 8.1.1. Quick Facts
- 8.1.2. Company Overview
- 8.1.3. Product Portfolio
- 8.1.4. Business Strategies
8.2. Arkema S.A.
- 8.2.1. Quick Facts
- 8.2.2. Company Overview
- 8.2.3. Product Portfolio
- 8.2.4. Business Strategies
8.3. Ashland Global Holdings Inc.
- 8.3.1. Quick Facts
- 8.3.2. Company Overview
- 8.3.3. Product Portfolio
- 8.3.4. Business Strategies
8.4. BASF SE
- 8.4.1. Quick Facts
- 8.4.2. Company Overview
- 8.4.3. Product Portfolio
- 8.4.4. Business Strategies
8.5. Daikin Industries Ltd.
- 8.5.1. Quick Facts
- 8.5.2. Company Overview
- 8.5.3. Product Portfolio
- 8.5.4. Business Strategies
8.6. Dow Inc.
- 8.6.1. Quick Facts
- 8.6.2. Company Overview
- 8.6.3. Product Portfolio
- 8.6.4. Business Strategies
8.7. DuPont de Nemours, Inc.
- 8.7.1. Quick Facts
- 8.7.2. Company Overview
- 8.7.3. Product Portfolio
- 8.7.4. Business Strategies
8.8. JSR Corporation
- 8.8.1. Quick Facts
- 8.8.2. Company Overview
- 8.8.3. Product Portfolio
- 8.8.4. Business Strategies
8.9. Kuraray Co., Ltd.
- 8.9.1. Quick Facts
- 8.9.2. Company Overview
- 8.9.3. Product Portfolio
- 8.9.4. Business Strategies
8.10. Kureha Corporation
- 8.10.1. Quick Facts
- 8.10.2. Company Overview
- 8.10.3. Product Portfolio
- 8.10.4. Business Strategies
8.11. LG Chem Ltd.
- 8.11.1. Quick Facts
- 8.11.2. Company Overview
- 8.11.3. Product Portfolio
- 8.11.4. Business Strategies
8.12. Mitsui Chemicals, Inc.
- 8.12.1. Quick Facts
- 8.12.2. Company Overview
- 8.12.3. Product Portfolio
- 8.12.4. Business Strategies
8.13. Solvay S.A.
- 8.13.1. Quick Facts
- 8.13.2. Company Overview
- 8.13.3. Product Portfolio
- 8.13.4. Business Strategies
8.14. Synthomer PLC
- 8.14.1. Quick Facts
- 8.14.2. Company Overview
- 8.14.3. Product Portfolio
- 8.14.4. Business Strategies
8.15. Targray Technology International Inc.
- 8.15.1. Quick Facts
- 8.15.2. Company Overview
- 8.15.3. Product Portfolio
- 8.15.4. Business Strategies
8.16. The Lubrizol Corporation
- 8.16.1. Quick Facts
- 8.16.2. Company Overview
- 8.16.3. Product Portfolio
- 8.16.4. Business Strategies
8.17. Topsoe A/S
- 8.17.1. Quick Facts
- 8.17.2. Company Overview
- 8.17.3. Product Portfolio
- 8.17.4. Business Strategies
8.18. Trinseo PLC
- 8.18.1. Quick Facts
- 8.18.2. Company Overview
- 8.18.3. Product Portfolio
- 8.18.4. Business Strategies
8.19. Ube Industries Ltd.
- 8.19.1. Quick Facts
- 8.19.2. Company Overview
- 8.19.3. Product Portfolio
- 8.19.4. Business Strategies
8.20. Zeon Corporation
- 8.20.1. Quick Facts
- 8.20.2. Company Overview
- 8.20.3. Product Portfolio
- 8.20.4. Business Strategies