The Global Battery Coating Market was valued at USD 358 million in 2023 and is projected to reach USD 852 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 12.8% during the forecast period (2024–2030). This robust growth is primarily driven by the exponential demand for electric vehicles (EVs), the rapid expansion of renewable energy storage systems, and stringent safety and performance requirements for lithium-ion batteries.

As the global energy transition accelerates, the role of advanced materials in enhancing battery efficiency, lifespan, and safety becomes paramount. Battery coatings are critical components that protect electrodes and separators, improve conductivity, and prevent thermal runaway. In this blog, we profile the Top 10 Companies in the Battery Coating Industry—a diverse mix of chemical giants, specialty materials producers, and innovation leaders shaping the future of energy storage.

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🔟 1. Arkema SA

Headquarters: Colombes, France
Key Offering: Kynar® PVDF (Polyvinylidene Fluoride) binders and coatings

Arkema is a global leader in high-performance materials, particularly known for its Kynar® PVDF resins, which are the industry standard for lithium-ion battery electrode binders and separator coatings. Their materials provide excellent chemical resistance, adhesion, and thermal stability, which are crucial for battery performance and safety.

Innovation & Expansion Initiatives:

• Major capacity expansion for PVDF production in Asia and Europe to meet soaring EV demand.

• Development of bio-circular and recycled-content PVDF grades to support sustainable battery value chains.

• Strategic partnerships with major battery manufacturers and automotive OEMs.

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9️⃣ 2. Solvay SA

Headquarters: Brussels, Belgium
Key Offering: Solef® PVDF, specialty polymers for separators and electrodes

Solvay is another European chemical powerhouse with a significant presence in the battery materials space. Its Solef® PVDF is widely used for binding active materials in electrodes and for coating battery separators, enhancing safety by improving thermal shutdown properties.

Innovation & Expansion Initiatives:

• Investing over €300 million to increase PVDF capacity in Europe and the United States by 2025.

• Pioneering research into next-generation binders and solid-state battery electrolytes.

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8️⃣ 3. Mitsubishi Paper Mills Limited

Headquarters: Tokyo, Japan
Key Offering: Ceramic-coated separators (Hipore™)

Mitsubishi Paper Mills is a key supplier of high-quality battery separators. The company specializes in producing porous polyethylene (PE) films coated with ceramic particles (such as alumina), which significantly enhance the thermal stability and safety of lithium-ion batteries by preventing internal short circuits.

Innovation & Expansion Initiatives:

• Continuous advancement in ceramic coating technologies for ultra-thin, high-strength separators.

• Expanding production capacity to serve the growing Asian EV battery market.

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7️⃣ 4. Ube Industries, Ltd.

Headquarters: Tokyo, Japan
Key Offering: Polyimide (PI) coatings, separator films

Ube Industries is renowned for its expertise in polyimide and other high-performance polymers. Its polyimide coatings offer exceptional thermal resistance (withstanding temperatures above 400°C), making them ideal for high-energy-density batteries where thermal management is critical.

Innovation & Expansion Initiatives:

• Development of advanced polyimide-based materials for next-generation solid-state batteries.

• Focusing on coatings that enable faster charging and longer cycle life.

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6️⃣ 5. Tanaka Chemical Corporation

Headquarters: Fukui, Japan
Key Offering: Conductive coatings, cathode material precursors

Tanaka Chemical Corporation is a specialist in inorganic chemicals for the battery industry. The company produces conductive coatings and additives, such as carbon coatings for cathodes, which improve the electrical conductivity and rate capability of lithium-ion batteries.

Innovation & Expansion Initiatives:

• R&D focused on optimizing coating processes for high-nickel NMC and lithium iron phosphate (LFP) cathodes.

• Collaborations with Japanese and South Korean battery cell manufacturers.

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5️⃣ 6. Asahi Kasei Corporation

Headquarters: Tokyo, Japan
Key Offering: Hipore™ polyethylene separators, Celgard® ceramic-coated separators

Following its acquisition of Celgard, Asahi Kasei has become a dominant global force in battery separators. The company offers a comprehensive portfolio of dry-process and wet-process separators, many with proprietary ceramic and other advanced coatings for enhanced safety.

Innovation & Expansion Initiatives:

• Massive investments to triple its separator membrane capacity by 2025 to meet global EV demand.

• Innovation in coating technologies for high-voltage and fast-charging battery applications.

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4️⃣ 7. SK innovation Co., Ltd.

Headquarters: Seoul, South Korea
Key Offering: LiBS (Lithium-ion Battery Separator) with ceramic coatings

SK innovation, a leading South Korean conglomerate, is a major battery manufacturer and a key supplier of wet-process lithium-ion battery separators. Its separators are known for their high uniformity and can be coated with ceramics or other functional materials to improve thermal stability and adhesion.

Innovation & Expansion Initiatives:

• Aggressive global expansion of separator production facilities in Poland, China, and the U.S.

• Developing ultra-thin coatings to maximize energy density without compromising safety.

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3️⃣ 8. APV Engineered Coatings

Headquarters: Akron, Ohio, USA
Key Offering: Custom-engineered coatings for battery packs and components

APV Engineered Coatings is a specialty chemical company focusing on custom-formulated coatings for various industrial applications, including thermal management, dielectric insulation, and environmental protection for battery packs and modules.

Innovation & Expansion Initiatives:

• Specialization in thermally conductive coatings that help dissipate heat from battery packs.

• Developing flame-retardant coatings to enhance the safety of battery systems.

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2️⃣ 9. NEI Corporation

Headquarters: Somerset, New Jersey, USA
Key Offering: NANOMYTE® series of functional nano-coatings for electrodes

NEI Corporation develops and manufactures advanced materials, including proprietary nanoscale coatings for battery electrodes. Their NANOMYTE® coatings are designed to improve cycle life, power density, and safety by forming protective layers on electrode particles.

Innovation & Expansion Initiatives:

• Focus on aqueous-based, environmentally friendly coating formulations.

• R&D on coatings for silicon-anode batteries to manage volume expansion issues.

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1️⃣ 10. Nano One Materials Corp.

Headquarters: Vancouver, Canada
Key Offering: One-pot process for coated single-crystal cathode materials

Nano One is an innovative technology company with a unique patented process for producing low-cost, high-performance cathode materials. Their process allows for the integration of protective coatings directly onto cathode particles during synthesis, resulting in superior durability and performance.

Innovation & Expansion Initiatives:

• Strategic partnerships with major automotive and cathode producers to commercialize its technology.

• Pioneering the development of coated cathode materials for next-generation, cobalt-free batteries.

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🌍 Outlook: The Future of Battery Coating Is More Functional and Integrated

The battery coating market is undergoing a significant transformation, evolving from simple protective layers to highly engineered, multi-functional components that are integral to battery performance. As energy density targets rise and safety regulations tighten, the innovation in coating chemistry and application techniques is accelerating.

📈 Key Trends Shaping the Market:

• Shift to High-Energy-Density Chemistries: Coatings for high-nickel NMC and silicon-based anodes are critical for managing instability and extending cycle life.

• Solid-State Battery Development: Coatings will play a vital role as an interfacial layer between solid electrolytes and electrodes to ensure stable performance.

• Sustainability and Supply Chain Localization: Growing demand for bio-based binders and recyclable materials, alongside regional production to secure supply chains in North America and Europe.

• Advanced Application Techniques: Adoption of atomic layer deposition (ALD) and other precision coating methods for ultra-thin, conformal layers.

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Battery Coating Market – View in Detailed Research Report

The companies profiled above are not just supplying materials; they are enabling the next wave of energy storage innovation, making electric vehicles more practical, renewable energy more reliable, and electronic devices more powerful.