Global Lithium ion battery binder Market 2026-2035

Description

List of Tables

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

Lithium-ion battery binder market was valued at $2,604.1 million in 2024 and is projected to reach $13,927.5 million by 2035, growing at a CAGR of 18.3% during the forecast period (2026-2035). The global lithium-ion battery binder market is witnessing steady growth as demand for high-performance battery materials continues to rise. Manufacturers are increasingly focusing on innovative binder formulations that improve electrode stability and enhance overall battery efficiency. Advanced binders are enabling longer cycle life, better charge retention, and safer operation across diverse applications. The expansion of electric vehicles, portable electronics, and energy storage systems is further fueling the need for reliable binder solutions. Companies investing in research and development are introducing materials tailored to meet evolving performance standards.

Market Dynamics

Rising Demand for High-Performance Anode Binders

The global lithium-ion battery binder market is witnessing growth driven by the increasing adoption of advanced anode binders, which enhance battery stability and capacity retention. Companies like Zeon Corporation are developing styrene-butadiene rubber (SBR) binders that improve the durability of graphite anodes, ensuring consistent energy output. These binders help mitigate mechanical stress during charge-discharge cycles, which is critical for long-lasting batteries. Additionally, innovations in water-based binders are gaining attention for their environmental benefits. As electric vehicle and consumer electronics applications expand, the demand for high-quality anode binders continues to rise.

Integration of Binder Technology in Automotive Applications

Automotive applications are increasingly influencing the growth of the lithium-ion battery binder market due to the rising electric vehicle production globally. Arkema SA has introduced polyvinylidene fluoride (PVDF) binders tailored for cathode materials in automotive batteries, enhancing energy density and thermal stability. These binders ensure that large-format batteries can operate safely under rigorous conditions. Automakers are seeking reliable solutions to extend battery life and performance, which has increased investment in advanced binder technologies. With governments promoting electric mobility, the automotive sector is becoming a key driver for binder innovation. Consequently, binder manufacturers are aligning their R&D efforts to meet the stringent requirements of EV battery applications.

Market Segmentation

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

Anode Binders Segment to Lead the Market with the Largest Share

The demand for lithium-ion battery binders is increasing as manufacturers seek high-performance solutions for anodes, which are critical for improving battery lifespan and capacity. Companies like JSR Corporation are producing advanced latex-based binders that enhance the structural integrity of silicon and graphite anodes, reducing degradation during repeated charge-discharge cycles. These innovative binders help maintain consistent energy density while addressing mechanical stress issues in electrodes. Rising use of portable electronics and renewable energy storage devices is further driving interest in efficient anode materials. The continuous research in binder chemistry is enabling higher energy retention and safer battery operation. As a result, the market for specialized anode binders is witnessing steady expansion globally.

Automobile: A Key Segment in Market Growth

The automotive sector is a key driver of growth in the lithium-ion battery binder market, particularly with the rapid rise of electric vehicles. Companies such as Arkema SA are supplying polyvinylidene fluoride (PVDF) binders that enhance cathode performance and thermal stability in automotive batteries. These binders enable batteries to deliver higher energy density while ensuring long-term reliability under demanding operating conditions. As global EV adoption accelerates, automakers are increasingly relying on high-quality binders to meet performance and safety standards. Moreover, the push for sustainable mobility solutions has prompted investments in advanced battery materials. Consequently, automotive applications are significantly contributing to the expansion of the binder market worldwide.

Regional Outlook

The global lithium-ion battery binder market is further divided by geography, including North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).

Growing Electric Vehicle Adoption And Renewable Energy Storage Projects in North America

In North America, the lithium-ion battery binder market is expanding as electric vehicle adoption and renewable energy storage projects increase. Guoxuan Hi-Tech Co., Ltd. has collaborated with U.S.-based battery manufacturers to supply advanced PVDF and SBR binders for both automotive and industrial applications. These binders enhance electrode adhesion and battery efficiency, catering to the region's demand for high-performance energy storage. Increasing investments in EV infrastructure and battery gigafactories are driving consistent demand for binder materials. Additionally, North American manufacturers are emphasizing sustainable and eco-friendly binder solutions, which aligns with regional regulatory standards. As a result, binder suppliers are experiencing heightened opportunities in this market.

Asia-Pacific Region Dominates the Market with Major Share

The Asia-Pacific lithium-ion battery binder market is growing rapidly due to increased battery manufacturing and electric vehicle adoption. Companies such as JSR Corporation are supplying latex-based binders optimized for high-capacity anodes to major battery producers in China, Japan, and South Korea. These binders support enhanced battery life and performance, addressing the region's demand for portable electronics and EVs. Investments in large-scale battery production facilities are creating opportunities for binder suppliers to expand their footprint. Moreover, government initiatives promoting clean energy are further accelerating market growth. The region's strategic focus on research and development ensures continuous advancements in binder materials.

Market Players Outlook

The major companies operating in the global lithium-ion battery binder market include Arkema SA, JSR Corporation, Kureha Corporation, Suzhou Crystal Clear Chemical, and Zeon Corporation, among others. Market players are leveraging partnerships, collaborations, mergers and acquisitions strategies for business expansion and innovative product development to maintain their market positioning.

Recent Developments

In March 2025, BASF expanded its manufacturing capabilities in the United States to include the production of Licity anode binders, aimed at supporting the rapidly evolving lithium-ion battery industry. Thanks to this new production capability, BASF now offers its Licity portfolio globally across all regions. BASF anticipates access to local supply of raw materials as well as global availability to remain top issues of concern for battery manufacturers and OEMS in the years ahead.
In April 2023, Arkema extended its suite of advanced Inside The Cell solutions for current and next-generation batteries. As a global innovation leader in Kynar PVDF electrode binders and separator coatings, Arkema now extends its offer with the launch of its Incellion range of sustainable waterborne acrylic solutions for high-capacity anodes, cathode primers, and ceramic-coated separators.

The Report Covers:

Market value data analysis of 2024 and forecast to 2035.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global 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: OMR2023724

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Global Lithium-Ion Battery Binder Market Sales Analysis - Type | End-User Industry | ($ Million)
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 Lithium-Ion Battery Binder Market Trends
- 2.2.2. Market Recommendations
2.3. Porter's Five Forces Analysis for the Lithium-Ion Battery Binder Market
- 2.3.1. Competitive Rivalry
- 2.3.2. Threat of New Entrants
- 2.3.3. Bargaining Power of Suppliers
- 2.3.4. Bargaining Power of Buyers
- 2.3.5. Threat of Substitutes

3. Market Determinants

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

4. Competitive Landscape

4.1. Competitive Dashboard - 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. JSR Corporation
  - 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. Kureha Corporation
  - 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. Suzhou Crystal Clear Chemical
  - 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. Altenergy Power System, Inc.
  - 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. Global Lithium-Ion Battery Binder Market Sales Analysis by Type ($ Million)

5.1. Cathode Binders
5.2. Anode Binders

6. Global 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 American Lithium-Ion Battery Binder Market Sales Analysis - Type | End-User Industry | Country ($ Million)
Macroeconomic Factors for North America
- 7.1.1. United States
- 7.1.2. Canada
7.2. European Lithium-Ion Battery Binder Market Sales Analysis - Type | End-User Industry | Country ($ Million)
Macroeconomic Factors for Europe
- 7.2.1. UK
- 7.2.2. Germany
- 7.2.3. Italy
- 7.2.4. Spain
- 7.2.5. France
- 7.2.6. Russia
- 7.2.7. Rest of Europe
7.3. Asia-Pacific Lithium-Ion Battery Binder Market Sales Analysis - Type | End-User Industry | Country ($ Million)
Macroeconomic Factors for Asia-Pacific
- 7.3.1. China
- 7.3.2. Japan
- 7.3.3. South Korea
- 7.3.4. India
- 7.3.5. Australia & New Zealand
- 7.3.6. ASEAN Countries (Thailand, Indonesia, Vietnam, Singapore, And Other)
- 7.3.7. Rest of Asia-Pacific
7.4. Rest of the World Lithium-Ion Battery Binder Market Sales Analysis - Type | End-User Industry | Country ($ Million)
Macroeconomic Factors for Rest of the World
- 7.4.1. Latin America
- 7.4.2. Middle East and Africa

8. Company Profiles

8.1. Arkema SA
- 8.1.1. Quick Facts
- 8.1.2. Company Overview
- 8.1.3. Product Portfolio
- 8.1.4. Business Strategies
8.2. BOBS-TECH
- 8.2.1. Quick Facts
- 8.2.2. Company Overview
- 8.2.3. Product Portfolio
- 8.2.4. Business Strategies
8.3. BYD Co., Ltd.
- 8.3.1. Quick Facts
- 8.3.2. Company Overview
- 8.3.3. Product Portfolio
- 8.3.4. Business Strategies
8.4. CALB Group Co., Ltd.
- 8.4.1. Quick Facts
- 8.4.2. Company Overview
- 8.4.3. Product Portfolio
- 8.4.4. Business Strategies
8.5. Chengdu Indigo Power Sources
- 8.5.1. Quick Facts
- 8.5.2. Company Overview
- 8.5.3. Product Portfolio
- 8.5.4. Business Strategies
8.6. EVE Energy Co., Ltd.
- 8.6.1. Quick Facts
- 8.6.2. Company Overview
- 8.6.3. Product Portfolio
- 8.6.4. Business Strategies
8.7. Guangdong Dynavolt Renewable Energy Technology Co., Ltd.
- 8.7.1. Quick Facts
- 8.7.2. Company Overview
- 8.7.3. Product Portfolio
- 8.7.4. Business Strategies
8.8. Guoxuan Hi-Tech Co., Ltd.
- 8.8.1. Quick Facts
- 8.8.2. Company Overview
- 8.8.3. Product Portfolio
- 8.8.4. Business Strategies
8.9. JSR Corporation
- 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. Leclanche S.A.
- 8.11.1. Quick Facts
- 8.11.2. Company Overview
- 8.11.3. Product Portfolio
- 8.11.4. Business Strategies
8.12. LG Energy Solution
- 8.12.1. Quick Facts
- 8.12.2. Company Overview
- 8.12.3. Product Portfolio
- 8.12.4. Business Strategies
8.13. Nippon A&L
- 8.13.1. Quick Facts
- 8.13.2. Company Overview
- 8.13.3. Product Portfolio
- 8.13.4. Business Strategies
8.14. Ronbay Technology
- 8.14.1. Quick Facts
- 8.14.2. Company Overview
- 8.14.3. Product Portfolio
- 8.14.4. Business Strategies
8.15. Shanghai 3F New Materials
- 8.15.1. Quick Facts
- 8.15.2. Company Overview
- 8.15.3. Product Portfolio
- 8.15.4. Business Strategies
8.16. Solvay
- 8.16.1. Quick Facts
- 8.16.2. Company Overview
- 8.16.3. Product Portfolio
- 8.16.4. Business Strategies
8.17. Suzhou Crystal Clear Chemical
- 8.17.1. Quick Facts
- 8.17.2. Company Overview
- 8.17.3. Product Portfolio
- 8.17.4. Business Strategies
8.18. Tianjin Lishen Battery Co., Ltd.
- 8.18.1. Quick Facts
- 8.18.2. Company Overview
- 8.18.3. Product Portfolio
- 8.18.4. Business Strategies
8.19. Zeon Corporation
- 8.19.1. Quick Facts
- 8.19.2. Company Overview
- 8.19.3. Product Portfolio
- 8.19.4. Business Strategies
8.20. AEconversion GmbH & Co. KG
- 8.20.1. Quick Facts
- 8.20.2. Company Overview
- 8.20.3. Product Portfolio
- 8.20.4. Business Strategies