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Battery Additives Market to Reach $3.9 Billion, Globally, by 2033 at 8.5% CAGR: Allied Market Research

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The global battery additive market is propelled by rise in technological advancements in battery manufacturing process. Growing R&D efforts focus on improving battery performance and efficiency by using various innovative battery additives such as fluoroethylene carbonate (FEC), carbon black, vinylene carbonate (VC), and others. These additives can enhance the electrochemical properties of batteries, leading to better charge retention, faster charging times, and increased energy density. For instance, additives such as lithium salts, conductive polymers, and nanomaterials have shown significant promise in enhancing battery performance. This factor may augment the growth of the battery additives market.
WILMINGTON, Del., Aug. 8, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Battery Additives Market by Type (Electrolyte additive, Conductive additive, Cathode additives, Anode additives and Others), and Application (Lead-acid batteries, Graphene batteries, Lithium-ion batteries and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033″. According to the report, the battery additives market was valued at $1.7 billion in 2023, and is estimated to reach $3.9 billion by 2033, growing at a CAGR of 8.5% from 2024 to 2033.
Prime determinants of growth 
The global battery additives market is driven by rising trends towards renewable energy storage. The increasing reliance on renewable energy sources such as solar and wind power necessitates effective energy storage solutions. Battery storage systems are essential for stabilizing the grid and ensuring a consistent power supply. Additives that enhance the performance and durability of these storage batteries are vital. These help in managing the intermittent nature of renewable energy and ensuring a stable energy supply. Additionally, the proliferation of consumer electronics, including smartphones, laptops, and wearable devices, drives the demand for high-performance batteries. Additives that enhance battery capacity, reduce charging times, and extend battery life are crucial in meeting consumer expectations. The need for efficient battery additives continues to grow with the increasing reliance on portable devices. However, acts and regulations led by several government agencies such as the U.S, Toxic Substances Control Act (TSCA), European Union (EU), Battery Directive Act, and others may restrain the growth of the battery additives market during the forecast period.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/5337
Report coverage & details:

Report Coverage

Details

Forecast Period

2024–2033

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Base Year

2023

Market Size in 2023

$1.7 billion

Market Size in 2033

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$3.9 billion

CAGR

8.5 %

No. of Pages in Report

350

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Segments covered

Type, Application, and Region.

Drivers 

Surge in demand from automotive sector
Rise in demand from portable electronics sectors
Rapid shift towards renewable energy storage applications

Opportunities

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Technological Advancements

Restraints

Regulatory Framework 

The electrolyte additive segment to maintain its lead position during the forecast period.
The demand for electrolyte additives in batteries is growing due to their crucial role in enhancing battery performance, safety, and longevity. Electrolyte additives improve the stability of the electrochemical environment, prevent dendrite formation, and enhance the overall efficiency of lithium-ion batteries. This results in better charge retention, faster charging times, and extended battery life, which are essential for high-demand applications like electric vehicles, renewable energy storage, and consumer electronics. Additionally, there is an increase in importance of advanced electrolyte additives in meeting these stringent performance and safety standards, as environmental regulations tighten and the need for sustainable energy solutions increases.
The lithium-ion batteries segment to maintain its lead position during the forecast period.
The demand for battery additives in lithium-ion battery applications is increasing due to their ability to significantly enhance battery performance, safety, and lifespan. Additives improve the stability of the electrolyte, prevent the formation of dendrites, and enhance thermal stability, which is crucial for preventing overheating and potential fires. These improvements lead to higher energy density, faster charging, and longer cycle life, which are essential for the growing markets of electric vehicles, portable electronics, and renewable energy storage. Additionally, the role of additives in optimizing and ensuring the reliability of lithium-ion batteries becomes increasingly vital, as technological advancements push the limits of battery capabilities, driving their demand further.
Procure Complete Report (350 Pages PDF with Insights, Charts, Tables, and Figures) @ https://www.alliedmarketresearch.com/checkout-final/battery-additives-market
Asia-Pacific to maintain its dominance by 2033
The demand for battery additives in the Asia-Pacific region is increasing due to rapid industrialization, urbanization, and the growing adoption of electric vehicles (EVs) and renewable energy solutions. Countries like China, Japan, and South Korea are major hubs for battery manufacturing and innovation, driving the need for high-performance additives to enhance battery efficiency, safety, and lifespan. Additionally, supportive government policies, substantial investments in renewable energy projects, and the expansion of consumer electronics markets further fuel this demand. The region’s focus on sustainable energy solutions and the presence of leading battery manufacturers contribute to the burgeoning market for advanced battery additives.
Leading Market Players: –

BASF SE
Ascend Performance Materials
ALTANA
Harsha Industries
Arkema
Cabot
3M
Imerys S.A.
Hammond Group, Inc.
SGL Carbon

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Want to Access the Statistical Data and Graphs, Key Players’ Strategies: https://www.alliedmarketresearch.com/battery-additives-market/purchase-options
The report provides a detailed analysis of these key players in the global battery additive market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
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SUBBD and Luna PR Join Forces to Shape the Future of AI-Powered Content Creation

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 SUBBD, an AI-powered content creation platform designed to empower digital creators, is proud to announce its strategic partnership with Luna PR, a global marketing and communications agency specialising in web3 and emerging technologies. This collaboration aims to accelerate SUBBD’s mission of empowering digital creators by leveraging advanced AI and blockchain technology.
Luna PR will leverage its extensive web3 expertise to support SUBBD with comprehensive communications strategies, social media management, and targeted marketing campaigns. With a proven track record of over 600 successful projects since 2017 and a presence in four key global cities, Luna PR is uniquely positioned to elevate SUBBD’s brand presence and community engagement.
Maral Nouri, COO of Luna PR, stated: “As content creators ourselves, we understand the importance of staying ahead in today’s fast-paced digital landscape. Our partnership with SUBBD reflects this vision, empowering creators to effortlessly push boundaries and become trendsetters. SUBBD’s transformative platform equips creators with advanced AI tools to stay ahead of the curve, and we’re excited to support this evolution in content creation.”
Gabrielle Taylor, CEO of SUBBD, commented: “Partnering with Luna PR marks a significant step in our journey to transform the content creation industry. Luna PR’s expertise and strategic insights make them the ideal partner as we expand our platform and continue to support creators in maximising their potential through AI-powered solutions.”
SUBBD is transforming content creation with its AI-powered platform, designed to empower digital creators by enhancing autonomy, improving monetisation, and building deeper audience connections. By developing proprietary AI solutions, SUBBD is redefining how content is created, managed and monetised. With features like AI Personal Assistant, AI-driven content creation, blockchain security, and advanced analytics, SUBBD is pushing boundaries to help creators maximise their potential in the digital creator economy.
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[2024 Pujiang Innovation Forum] Highlights of WeStart2024

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As an integral part of the 17th Pujiang Innovation Forum, WeStart2024 was held at Dongjiao State Guest Hotel and Zhangjiang Science Hall, Shanghai from September 7 to 10. Under the theme of “Refactoring & Renewal”, this year’s conference focused on sci-tech entrepreneurship and investment, aiming to create a global entrepreneurship investment platform that bridges projects with capital. This platform leverages capital to bolster sci-tech innovation and economic transformation. The four-day event boasted two main forums, one symposium, 13 roadshow marathons, and multiple industry sharing sessions. Renowned investment agencies like CICC, Zero2IPO, and Shenzhen Capital Group were invited to delve into the innovative investment landscape, exploring avenues for global collaboration, building a new paradigm of entrepreneurship investment, and stimulating new drivers to sci-tech innovation.
Let’s review the highlights.
Shanghai has been fortifying its position as a global sci-tech innovation center by intensifying element concentration, enhancing functions and services, and cultivating a comprehensive sci-tech ecosystem. This has turned Shanghai into a heaven for entrepreneurship and a magnet for investment. WeStart2024 brought together government bodies, experts, scholars, venture firms at home and abroad, sci-tech businesses, and nearly 1,000 audience professionals to discuss entrepreneurship investment and create an ecosystem for sci-tech innovation together through diverse sci-tech innovation stakeholders, transforming this ecosystem from a strategic blueprint into reality.
On September 8, WeStart2024 kicked off with main forums, featuring 13 keynote speeches and two roundtable dialogues. Key sci-tech finance terms such as “patient capital”, “fundraising, investment, management and exit”, “investment in early-stage, small, long-term and hard technologies”, “angel investment”, and “high-quality development of the capital market” were frequently mentioned, becoming the focal point of discussions and highlighting the future development of sci-tech finance. The roundtable dialogues unveiled the latest sci-tech investment opportunities and delved into trends, current statuses, and strategies of sci-tech entrepreneurship investment amidst new situations and transformative environments.
The exhibition hall housed a Start-ups Exhibition Zone, showcasing nearly 20 TOP100 roadshow projects and products and the investment ecosystems and achievements of three to five leading venture firms through the linkage of the Entrepreneur Joint Exhibition Zone, the Investment Institution Zone, and the One-to-One Negotiation Zone. There were boards briefing on typical sci-tech businesses in the fields of biomedicine and AI. Social scenes for entrepreneurship investment were also offered to facilitate direct communication between projects and investors.
WeStartTOP100, a new addition to the Startup in Shanghai International Innovation and Entrepreneurship Competition, was launched in June. It selected 100 projects from over 2,000 global entries for on-site roadshows during the conference. The four-day event featured 13 marathon project roadshows with over 100 projects, focusing on six key areas: three in hard tech—biomedicine, artificial intelligence, and advanced manufacturing—and three in future industries—future information, future materials, and future energy.
A special roadshow for universities was also held, where Shanghai-based universities, including Shanghai Jiao Tong University, ShanghaiTech University, University of Shanghai for Science and Technology, Shanghai University of Engineering Science, Shanghai Ocean University, East China Normal University, Shanghai University, and Shanghai Polytechnic University, displayed high-quality research projects. Focusing on exchanges and investment and financing matchmaking in cutting-edge interdisciplinary areas and core technologies in key fields, this roadshow further propelled the commercialization of S&T outcomes in universities. The special roadshow for Hong Kong University of Science and Technology introduced top-notch innovative projects from Hong Kong universities to Shanghai, fostering a new chapter for sci-tech cooperation between the two cities.
In particular, the conference prioritized global vision and international cooperation. During the international roadshow, high-quality projects from countries and regions like France, Germany, Hungary, Zimbabwe, and Morocco, as well as Hong Kong (China), were selected to compete. This facilitated interaction between domestic and foreign entrepreneurship investment resources and explored new paths for global collaboration. A 365-day “never-ending” global entrepreneurship investment cooperation and matchmaking mechanism was established to effectively link international sci-tech innovation talent, technology, capital, and market, empowering the sound development of sci-tech entrepreneurship investment.
Furthermore, the conference collaborated with leading players in entrepreneurship investment, Shanghai State-owned Capital Investment Co., Ltd. and CICC Capital, to open special roadshows. Leveraging the expertise and resources of investment agencies, these roadshows directly linked both sides of entrepreneurship investment, working with numerous sci-tech players on-site to explore high-quality projects and fully support entrepreneurs.
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Tata Electronics and Tokyo Electron Limited (TEL) Announce Strategic Partnership to Grow Semiconductor Ecosystem in India

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Tata Electronics today signed a memorandum of understanding with Tokyo Electron Limited (TEL), a leading global supplier of semiconductor equipment and services. The two companies will collaborate to accelerate semiconductor equipment infrastructure for India’s first Fab being built by Tata Electronics in Dholera, Gujarat, and for its assembly and test facility in Jagiroad, Assam.
Through this partnership, Tata Electronics and TEL will also focus on training Tata Electronics’ workforce on TEL equipment and supporting ongoing improvement and R&D initiatives. This collaboration will leverage the strengths of both companies to establish a robust semiconductor manufacturing ecosystem in India.
As previously announced, Tata Electronics is building India’s first Fab in Dholera, Gujarat, with a total investment of INR 91,000 crores (~US$11bn). In addition, another INR 27,000 crores (~US$3bn) will be invested in a greenfield facility in Jagiroad, Assam, for the assembly and testing of semiconductor chips. Together, these facilities will produce semiconductor chips for applications across automotive, mobile devices, artificial intelligence (AI), and other key segments to serve customers globally. As the construction of these facilities progresses, it is critical to grow partnerships across the entire semiconductor ecosystem, spanning process and design technology, as well as equipment suppliers. With this announcement of the partnership with TEL, Tata Electronics has solidified a critical pillar to achieve its execution targets.
Dr Randhir Thakur, Managing Director & CEO, Tata Electronics, said, “We have a bold vision of becoming a leader in electronics manufacturing by offering integrated solutions across the value chain to our global customers. TEL has a history of working closely with its customers, and its expertise in the semiconductor equipment space will help build a dynamic ecosystem to support the timely execution of bringing up our Fab and advanced packaging factories. We are excited about the customer centricity that TEL brings to this partnership.”
Toshiki Kawai, President & CEO of Tokyo Electron Limited, emphasised, “We are delighted to announce our partnership with Tata Electronics, which brings together our combined expertise and resources to strengthen the semiconductor ecosystem in India significantly. This strategic collaboration spans both front-end fabrication and back-end packaging technologies, highlighting our commitment to delivering exceptional support and value to Tata Electronics. By leveraging our collective strengths, we aim to accelerate development and drive innovation across multiple technology nodes. Together, we are poised to set new benchmarks in the industry, fostering a robust and dynamic semiconductor landscape that will benefit all stakeholders.”
TEL is committed to supporting the Indian semiconductor ecosystem. Both the front-end and back-end product groups will provide resources and technology support to bring advanced TEL products to the Indian market. TEL will lead this effort by also offering diversified products for the MAGIC market (MAGIC—Metaverse, Autonomous Mobility, Green Energy, IoT & Information, Communications). TEL will actively explore opportunities to leverage India’s talent to establish an engineering service in India to support its global product development.
The post Tata Electronics and Tokyo Electron Limited (TEL) Announce Strategic Partnership to Grow Semiconductor Ecosystem in India appeared first on HIPTHER Alerts.

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