June 06, 2022 08:30 ET | Source: Transparency Market Research Transparency Market Research
Albany, New York, UNITED STATES
Wilmington, Delaware, United States, June 06, 2022 (GLOBE NEWSWIRE) -- The growth of the global market for gel polymer electrolytes is generating lucrative avenues for battery manufacturers increasingly in hydrogen fuel cells and lithium-ion (Li-ion) cells. Rising adoption of these battery technologies in automotive industry and the electrolytes in supercapacitors has reinforced growth prospects for gel polymer electrolytes market. An in-depth business intelligence study by authors at TMR forecasts that the valuation is projected to advance at CAGR of 6.8% during 2022–2031.
Growing development of develop non-flammable batteries especially to cater to renewable energy sector is catalyzing growth opportunities in gel polymer electrolytes market. Many gel polymer electrolytes market manufacturers have shown massive interest in polyvinyl alcohol (PVA) gel electrolytes. These are characterized with a remarkable depth of recharge and support many charging-discharging cycles in batteries where they are used.
Polyvinylidene fluoride (PVDF)-based gel polymer electrolytes are another lucrative product category that is expected to generate enormous revenues to companies. Other gel electrolytes types include polymethyl methacrylate (PMMA) based-products in the gel polymer electrolytes market. An enormous demand for Li-ion batteries in electric vehicles has spurred the commercialization of such products in polymer electrolytes market.
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Key Findings of Gel Polymer Electrolytes Market
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Gel Polymer Electrolytes Market: Key Drivers
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Gel Polymer Electrolytes Market: Regional Growth Dynamics
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Gel Polymer Electrolytes Market: Key Players
Some of the key players in the gel polymer electrolytes market are VESTOLIT GmbH & Co. KG, Vinythai Public Co., Ltd, SEKISUI CHEMICAL CO., LTD, Nippon Shokubai Co. Ltd, Arkema, 3M, GVS Filter technology, Solvay, LG Chem, and Ashland Global.
Gel Polymer Electrolytes Market: Segmentation
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