CMC and SBR Negative Electrode Binder Market Revenue was valued at USD 1.2 Billion in 2024 and is estimated to reach USD 3.5 Billion by 2033, growing at a CAGR of 12.6% from 2026 to 2033.
In 2022, the global CMC and SBR negative electrode binder market was valued at approximately USD 1.5 billion, with a projected growth to USD 2.8 billion by 2030, reflecting a compound annual growth rate (CAGR) of 8.5% from 2024 to 2030. The Asia Pacific region led the market, contributing 45% to the total revenue, driven by the increasing adoption of electric vehicles (EVs) and energy storage systems. North America accounted for 25%, while Europe held a 20% share. Latin America and the Middle East & Africa each contributed 5% to the market revenue.The markets growth is primarily fueled by the rising demand for lithium ion batteries in applications such as EVs, consumer electronics, and renewable energy storage. In 2023, power batteries represented the largest application segment, accounting for 50% of the market share, followed by energy storage batteries at 30%, consumer batteries at 15%, and other applications at 5%. The energy storage battery segment is anticipated to experience the fastest growth during the forecast period, driven by the global shift towards renewable energy solutions. Opportunities in this market include the development of sustainable and high performance binders, with companies focusing on enhancing binder efficiency and reducing environmental impact to meet the evolving demands of the battery industry.
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Zeon Corporation
JSR
BASF SE
Daicel Corporation
Nouryon
Nippon A&L Inc
Chengdu Yindile Material Technology Group Co.
Ltd
Shenzhen Yi Te Technology Co.
Ltd
Crystal Clear Electronic Material Co.
ltd
Jinband Power Source Co.
Ltd
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global CMC and SBR Negative Electrode Binder Market
Carboxymethyl Cellulose (CMC)
Styrenebutadiene Rubber (SBR)
Hybrid Binders
Lead-Acid Batteries
Lithium-Ion Batteries
Nickel-Metal Hydride (NiMH) Batteries
Automotive
Consumer Electronics
Renewable Energy Storage
Industrial Applications
Aqueous Binders
Non-Aqueous Binders
Electrochemically Active Binders
Adhesion Strength
Thermal Stability
Electrical Conductivity
Viscosity
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global CMC and SBR Negative Electrode Binder Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global CMC and SBR Negative Electrode Binder Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global CMC and SBR Negative Electrode Binder Market, By Type
6. Global CMC and SBR Negative Electrode Binder Market, By Application
7. Global CMC and SBR Negative Electrode Binder Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global CMC and SBR Negative Electrode Binder Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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