Global AGM Battery Separator
Market Report
2024
Global AGM Battery Separator Market size is USD 19256.3 million in 2024. The rising demand for agm batteries is expected to boost the sales to USD 35201.26972 Million by 2031 with a Compound Annual Growth Rate (CAGR) of 9.00% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global AGM Battery Separator market size is USD 19256.3 million in 2024. It will expand at a compound annual growth rate (CAGR) of 9.00% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global AGM Battery Separator Market Sales Revenue 2024 | $ 19256.3 Million |
Global AGM Battery Separator Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9% |
North America AGM Battery Separator Sales Revenue 2024 | $ 7702.52 Million |
North America AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.2% |
United States AGM Battery Separator Sales Revenue 2024 | $ 6077.29 Million |
United States AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7% |
Canada AGM Battery Separator Sales Revenue 2024 | $ 924.3 Million |
Canada AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8% |
Mexico AGM Battery Separator Sales Revenue 2024 | $ 700.93 Million |
Mexico AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.7% |
Europe AGM Battery Separator Sales Revenue 2024 | $ 5776.89 Million |
Europe AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.5% |
United Kingdom AGM Battery Separator Sales Revenue 2024 | $ 970.52 Million |
United Kingdom AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.3% |
France AGM Battery Separator Sales Revenue 2024 | $ 531.47 Million |
France AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.7% |
Germany AGM Battery Separator Sales Revenue 2024 | $ 1143.82 Million |
Germany AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.7% |
Italy AGM Battery Separator Sales Revenue 2024 | $ 496.81 Million |
Italy AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.9% |
Russia AGM Battery Separator Sales Revenue 2024 | $ 895.42 Million |
Russia AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.5% |
Spain AGM Battery Separator Sales Revenue 2024 | $ 473.7 Million |
Spain AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.6% |
Rest of Europe AGM Battery Separator Sales Revenue 2024 | $ 895.42 Million |
Rest of Europe AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.2% |
Asia Pacific AGM Battery Separator Sales Revenue 2024 | $ 4428.95 Million |
Asia Pacific AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 11% |
China AGM Battery Separator Sales Revenue 2024 | $ 1993.03 Million |
China AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.5% |
Japan AGM Battery Separator Sales Revenue 2024 | $ 611.19 Million |
Japan AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.5% |
Korea AGM Battery Separator Sales Revenue 2024 | $ 442.89 Million |
Korea AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.1% |
India AGM Battery Separator Sales Revenue 2024 | $ 531.47 Million |
India AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 12.8% |
Australia AGM Battery Separator Sales Revenue 2024 | $ 230.31 Million |
Australia AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.7% |
Rest of APAC AGM Battery Separator Sales Revenue 2024 | $ 314.46 Million |
Rest of APAC AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.8% |
South America AGM Battery Separator Sales Revenue 2024 | $ 962.82 Million |
South America AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.4% |
Brazil AGM Battery Separator Sales Revenue 2024 | $ 412.08 Million |
Brazil AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9% |
Argentina AGM Battery Separator Sales Revenue 2024 | $ 161.75 Million |
Argentina AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.3% |
Colombia AGM Battery Separator Sales Revenue 2024 | $ 85.69 Million |
Colombia AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.2% |
Peru AGM Battery Separator Sales Revenue 2024 | $ 78.95 Million |
Peru AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.6% |
Chile AGM Battery Separator Sales Revenue 2024 | $ 69.32 Million |
Chile AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.7% |
Rest of South America AGM Battery Separator Sales Revenue 2024 | $ 155.01 Million |
Rest of South America AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.5% |
Middle East and Africa AGM Battery Separator Sales Revenue 2024 | $ 385.13 Million |
Middle East and Africa AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.7% |
Turkey AGM Battery Separator Sales Revenue 2024 | $ 33.12 Million |
Turkey AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.2% |
Nigeria AGM Battery Separator Sales Revenue 2024 | $ 40.44 Million |
Nigeria AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.8% |
Egypt AGM Battery Separator Sales Revenue 2024 | $ 40.44 Million |
Egypt AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9% |
South Africa AGM Battery Separator Sales Revenue 2024 | $ 60.85 Million |
South Africa AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.7% |
GCC Countries AGM Battery Separator Sales Revenue 2024 | $ 164.83 Million |
GCC Countries AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.5% |
Rest of MEA AGM Battery Separator Sales Revenue 2024 | $ 45.44 Million |
Rest of MEA AGM Battery Separator Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.7% |
Market Drivers:
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Market Restrains:
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Market Trends:
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Market Split by Product |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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AGM Battery Separator Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The AGM (Absorbent Glass Mat) battery separator market refers to the global industry section targeted at generating separators used in AGM batteries. These batteries hire a mat of glass fibers to preserve the electrolyte in the region, imparting advantages like stronger protection, spill resistance, and decreased preservation in comparison to standard lead-acid batteries. AGM battery separators are crucial additives that permit efficient operation by stopping short circuits while making an allowance for green ion shipping. Key programs consist of automotive (in particular for Startup structures), renewable electricity garages, and industrial backup energy. The marketplace's increase is driven by using growing demand for dependable, excessive-performance batteries across diverse sectors, coupled with technological advancements aimed toward improving efficiency and environmental sustainability.
The growing demand for AGM (Absorbent Glass Mat) batteries is driven by their advanced advantages over traditional flooded lead-acid batteries. AGM batteries require lower renovation, offer stronger protection functions consisting of decreased hazard of acid spills, and offer better resistance to vibration harm. These traits cause them to be extraordinarily sought-after throughout numerous programs, inclusive of the automotive, marine, and renewable power sectors. As industries prioritize efficiency, reliability, and protection, AGM batteries are rising as the favored preference, ensuring a steady surge of their adoption globally.
The automobile industry's evolution towards extra fuel performance and reduced emissions is bolstering the demand for AGM (Absorbent Glass Mat) batteries, in particular, because of their compatibility with the Start-Stop era in current automobiles. This era robotically shuts off the engine while the car is stationary, maintaining gas and lowering emissions at some point of idle intervals. AGM batteries excel in this function due to their short-start capabilities and durability beneath frequent price-discharge cycles. As automakers globally accentuate efforts to fulfill stringent environmental policies and client calls for eco-friendly vehicles rise, the AGM battery market is poised for a great boom. This fashion underscores AGM batteries' pivotal function in advancing automotive technology that prioritizes efficiency and sustainability.
Despite their benefits, AGM (Absorbent Glass Mat) batteries come across stiff opposition from lithium-ion batteries, mainly inside the electric automobile (EV) region. Lithium-ion batteries boast better strength density, bearing in mind greater variety consistent with price and doubtlessly longer lifespans in comparison to AGM batteries. These characteristics make lithium-ion batteries a preferred desire for plenty of EV producers aiming to maximize variety and performance. Additionally, ongoing advancements in lithium-ion technology maintain power-down expenses and enhance performance; in addition, tough AGM batteries in various packages wherein electricity density and longevity are vital factors. However, AGM batteries continue to discover robust footholds in applications requiring decreased protection, improved safety capabilities, and value-effective answers outside of high-overall performance EV segments.
The AGM (Absorbent Glass Mat) battery separator marketplace experienced various influences from the COVID-19 pandemic. Initially, disruptions in delivery chains and production operations slowed the manufacturing and distribution of AGM batteries, affecting the market growth. However, as industries tailored to far-off work and digital solutions, demand for AGM batteries in essential sectors such as healthcare equipment, telecommunications, and standby energy systems remained solid or maybe extended. The pandemic highlighted the significance of dependable electricity solutions, boosting interest in AGM batteries for their durability, low renovation necessities, and safety features. Looking ahead, healing in car and business sectors put up-pandemic is predicted to pressure renewed growth inside the AGM battery separator marketplace, supported by means of ongoing improvements in technology and increasing emphasis on sustainable strength answers.
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The competitive landscape of the AGM Battery Separator market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized AGM Battery Separator companies, and emerging start-ups aiming to disrupt the market with innovative solutions.
Top Companies Market Share in AGM Battery Separator Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. North America is rising as a massive boom region for the AGM (Absorbent Glass Mat) battery separator marketplace. The vicinity's increasing adoption of AGM batteries in car programs pushed through stringent emission rules and rising demand for gas-efficient vehicles, is contributing to marketplace enlargement. Additionally, the boom in renewable strength installations and business packages further fuels the call for AGM battery separators in North America.
Europe stands out as the fastest-growing region in the AGM Battery Separator market due to several compelling reasons. ? Europe is experiencing a robust boom within the AGM (Absorbent Glass Mat) battery separator market. The vicinity's stringent environmental rules and emphasis on sustainable power answers are using the demand for AGM batteries in the car, renewable strength, and commercial sectors. Increasing adoption of Start-Stop generation in vehicles and increase in renewable power installations are key elements propelling the market forward in Europe.
The current report Scope analyzes AGM Battery Separator Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global AGM Battery Separator market size was estimated at USD 19256.3 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 7702.52 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
According to Cognitive Market Research, the global AGM Battery Separator market size was estimated at USD 19256.3 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 5776.89 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.
According to Cognitive Market Research, the global AGM Battery Separator market size was estimated at USD 19256.3 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 4428.95 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.0% from 2024 to 2031.
According to Cognitive Market Research, the global AGM Battery Separator market size was estimated at USD 19256.3 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 962.82 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.
According to Cognitive Market Research, the global AGM Battery Separator market size was estimated at USD 19256.3 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 385.13 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2031.
Global AGM Battery Separator Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing AGM Battery Separator Industry growth. AGM Battery Separator market has been segmented with the help of its Product, Application , and others. AGM Battery Separator market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, 100% Glass stands out as the dominating category. The shift toward 100% glass AGM (Absorbent Glass Mat) battery separators is contributing to the marketplace's boom. These separators provide more advantageous performance and durability in comparison to traditional materials. Their capacity to face up to excessive temperatures and chemical resistance lead them to perfect for annoying packages in automobile, renewable strength storage, and industrial sectors, driving improved adoption and market growth globally.
Reinforced With Synthetic Fiber emerges as the fastest-growing category in the AGM Battery Separator market. The use of AGM (Absorbent Glass Mat) battery separators bolstered with artificial fibers is gaining traction, bolstering market increase. These separators enhance mechanical power and sturdiness, making them appropriate for excessive-overall performance applications in car, renewable power, and business sectors. Their capability to face up to vibration and improve battery existence spans is driving improved adoption, meeting the call for reliable and efficient strength storage solutions.
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According to Cognitive Market Research, the dominating category is Automotive Start-Stop. The increase of AGM (Absorbent Glass Mat) battery separators is intently linked to the expanding automobile Startup generation. AGM batteries excel in this utility due to their potential to address common charge-discharge cycles successfully. As automobile producers increasingly adopt Startup systems to improve gasoline performance and reduce emissions, the call for AGM battery separators continues to push upward, using market growth in this section.
The fastest-growing category in the AGM Battery Separator market is Grid/Renewable Energy Storage. The AGM (Absorbent Glass Mat) battery separator marketplace is expanding with the increase of grid and renewable power storage programs. AGM batteries are favored for their reliability, safety, and efficiency in storing renewable strength and presenting backup power to grids. As the call for sustainable energy answers will increase globally, AGM battery separators play an important position in facilitating green electricity storage, riding marketplace growth in this zone.
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Senior Analyst at Cognitive Market Research
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building. I fulfill data requirements with thorough research and analytics. ME and My research team provide intelligence on industry stats, market structure, company profiles/Competition Analysis, Forecast Mapping, and Recently started providing the COVID-19 Impact Analysis.
Specialties: Industry research, Company analysis, Location Strategy, Tech Research, Change Management, Process Improvement, Peer Group Benchmarking, Startup Ecosystem, Crypto Research, COVID19 Impact Analysis, etc.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
https://www.epa.gov/regulatory-information-sector/construction-sector-naics-23
https://www.usace.army.mil/Missions/Civil-Works/Engineering-and-Construction/
https://www.abs.gov.au/statistics/industry/building-and-construction
https://business.gov.au/planning/industry-information/construction-industry
https://www.usitc.gov/research_and_analysis/tradeshifts/2021/footwear
Disclaimer:
Product | 100% Glass, Reinforced With Synthetic Fiber |
Application | Automotive Start-Stop, Grid/Renewable Energy Storage, Motive Power, UPS & Telecom, Others |
List of Competitors | Nippon Sheet Glass, Hollingsworth & Vose Company, B&F Technology, Microporous, Zaisheng Technology, Bernard Dumas |
This chapter will help you gain GLOBAL Market Analysis of AGM Battery Separator. Further deep in this chapter, you will be able to review Global AGM Battery Separator Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global AGM Battery Separator market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why 100% Glass have a significant impact on AGM Battery Separator market? |
What are the key factors affecting the 100% Glass and Reinforced With Synthetic Fiber of AGM Battery Separator Market? |
What is the CAGR/Growth Rate of Automotive Start-Stop during the forecast period? |
By type, which segment accounted for largest share of the global AGM Battery Separator Market? |
Which region is expected to dominate the global AGM Battery Separator Market within the forecast period? |
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