Battery coating refers to a technique of thin-film deposition used to enhance and protect the electrochemical performance of cathode and anode powder in the battery. The coating is one of the core technologies in the manufacturing of batteries. The specific material is coated on the substrate function as anode and cathode and separator for isolating them in the battery coating. Battery coatings provide extended battery life, fast cycling (recharging) rates. Battery coating is nowadays a core technology used to increase the life of the battery, increase capacity and increase fast charge acceptance. Apart from this batter coatings are also aimed at reducing wear and tear of battery.This growth is primarily driven by Increasing Use of Battery Powered Electronic Devices Like Smartphones and Laptops and Rapidly Growing Demand for Electric Vehicles.
Globally, a noticeable market trend is evident High R&D Spending on Battery Coating Technology
. Major Vendors, such as APV Engineered Coatings (United States), Arkema SA (France), Mitsubishi Paper Mills Ltd. (Japan), Solvay SA (Belgium), Tanaka Chemical Corporation (Japan), Asahi Kasei Corporation (Japan), NEI Corporation (United States), Targray Technology International Inc. (Quebec), Alteo Group (Canada), Nano One Materials Corp. (Canada) and PPG Industries (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In March 2021, Forge Nano, the leading-edge materials corp. announced development of work on coating graphite anode material from Waxona using Forge Nano’s proprietary Atomic Layer Deposition (ALD) technology which is designed for battery coatings. According to Forge Nano; this ALD technology can be used to apply the atomic-scale coating, which is specifically designed to optimize the performance of anode materials.
- Increasing Use of Battery Powered Electronic Devices Like Smartphones and Laptops
- Rapidly Growing Demand for Electric Vehicles
- High R&D Spending on Battery Coating Technology
- Introduction of NanoBolt Lithium Tungsten Batteries
- High Cost of Manufacturing Units
OpportunitiesIncreasing Use of Batteries in Developing Nations and Growing Demand for Graphene Batteries
ChallengesRapid Pace of Changing Technologies in Battery Coating and Lack of Skilled Workers
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