South Africa Lithium-ion Battery Binders Market Size & Outlook

The lithium-ion battery binders market in South Africa is expected to reach a projected revenue of US$ 17.8 million by 2030. A compound annual growth rate of 18.4% is expected of South Africa lithium-ion battery binders market from 2025 to 2030.
Revenue, 2024 (US$M)
$6.9
Forecast, 2030 (US$M)
$17.8
CAGR, 2025 - 2030
18.4%
Report Coverage
South Africa

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South Africa lithium-ion battery binders market, 2018-2030 (US$M)

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South Africa lithium-ion battery binders market highlights

  • The South Africa lithium-ion battery binders market generated a revenue of USD 6.9 million in 2024 and is expected to reach USD 17.8 million by 2030.
  • The South Africa market is expected to grow at a CAGR of 17.2% from 2025 to 2030.
  • In terms of segment, cathode binders was the largest revenue generating type in 2024.
  • Cathode Binders is the most lucrative type segment registering the fastest growth during the forecast period.

Lithium-ion battery binders market data book summary

Market revenue in 2024USD 6.9 million
Market revenue in 2030USD 17.8 million
Growth rate17.2% (CAGR from 2025 to 2030)
Largest segmentCathode binders
Fastest growing segmentCathode Binders
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCathode Binders, Anode Binders
Key market players worldwideArkema SA, Ashland Inc, Basf SE, Daikin Industries Ltd, DuPont de Nemours Inc, ENEOS Holdings Inc, Kureha Corp, LG Chem, Resonac Holdings Corp, Solvay SA, Synthomer PLC, Toray Industries Inc, Trinseo PLC, Zeon Corp

Other key industry trends

  • In terms of revenue, South Africa accounted for 0.3% of the global lithium-ion battery binders market in 2024.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, Saudi Arabia lithium-ion battery binders market is projected to lead the regional market in terms of revenue in 2030.
  • UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 46.7 million by 2030.

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Lithium-ion Battery Binders Market Companies

Name Profile # Employees HQ Website
Kureha Corp View profile 4594 3-3-2, Nihonbashi-Hamacho, Chuo-ku, Tokyo, Japan, 103-8552 http://www.kureha.co.jp
ENEOS Holdings Inc View profile 57625 1-2 Otemachi 1-chome, Chiyoda-ku, Tokyo, Japan https://www.hd.eneos.co.jp
Zeon Corp View profile 4722 Shin Marunouchi Center Building, 1-6-2 Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8246 http://www.zeon.co.jp
Synthomer PLC View profile 4215 45 Pall Mall, London, United Kingdom, SW1Y 5JG https://www.synthomer.com
Daikin Industries Ltd View profile 107127 Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, Japan, 530-8323 http://www.daikin.com
Resonac Holdings Corp View profile 23840 1-9-1, Higashi-Shimbashi, Tokyo Shiodome Building, Minato-ku, Tokyo, Japan, 105-7325 https://www.resonac.com
Solvay SA View profile 9000 Rue De Ransbeek, 310, Brussels, Belgium, B-1120 https://www.solvay.com
LG Chem View profile 10001+ Seoul, Seoul-t'ukpyolsi, South Korea, Asia https://www.lgchem.com
Ashland Inc View profile 3800 8145 Blazer Drive, Wilmington, DE, United States, 19808 http://www.ashland.com
Toray Industries Inc View profile 48682 Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 http://www.toray.co.jp
DuPont de Nemours Inc View profile 24000 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 https://www.dupont.com
Arkema SA View profile 11039 420 rue d’Estienne d’Orves, Colombes, France, 92700 https://www.arkema.com
Trinseo PLC View profile 3100 440 East Swedesford Road, Suite 301, Wayne, PA, United States, 19087 https://www.trinseo.com
Basf SE View profile 111855 Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 https://www.basf.com

South Africa lithium-ion battery binders market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lithium-ion battery binders market will help companies and investors design strategic landscapes.


Cathode binders was the largest segment with a revenue share of 53.62% in 2024. Horizon Databook has segmented the South Africa lithium-ion battery binders market based on cathode binders, anode binders covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa lithium-ion battery binders market , including forecasts for subscribers. This country databook contains high-level insights into South Africa lithium-ion battery binders market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Africa lithium-ion battery binders market size, by type, 2018-2030 (US$M)

South Africa Lithium-ion Battery Binders Market Outlook Share, 2024 & 2030 (US$M)

South Africa lithium-ion battery binders market size, by type, 2018-2030 (US$M)

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