Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2025NEW YORK, Feb. 12, 2022 /PRNewswire/ — The Binder Market Share for Lithium-Ion Batteries is expected to increase by USD 1.45 billion from 2020 to 2025, at an accelerated CAGR of 24%, according to the recent market study by Technavio.Attractive Opportunities in Binder Market for Lithium-Ion Batteries by Type, Application, and Geography – Forecast and Analysis 2021-2025Segmentation by Type (In-Scope/Out-of-Scope)The binder market share growth for lithium-ion batteries by the cathode binders segment will be significant during the forecast period. The adoption of hydrophilic cathode binders is increasing rapidly due to their cost-effectiveness and less environmental impact. The lithium-ion battery industry is moving from polyvinylidene fluoride binders to hydrophilic binders due to the high cost and…
