Top Emerging Trends in the Global Lithium-sulfur Battery Market | Technavio

LONDON–(BUSINESS WIRE)–#Energy–TechnavioÔÇÖs latest market research report on the global
lithium-sulfur battery market provides an analysis of the most
important trends expected to impact the market outlook from 2018-2022. Technavio
defines an emerging trend as a factor that has the potential to
significantly impact the market and contribute to its growth or decline.

According to Technavio market research analysts, the global
lithium-sulfur battery market will grow at a CAGR of over 71% during
the forecast period. Lead pollution and stringent laws is a major factor
driving the marketÔÇÖs growth.

Lead-acid batteries accounted for a major part of the total production
of lead in 2016. The standard arrangement of lead-acid batteries
includes lead plates that are placed in sulfuric acid inside a plastic
casting. Recycling of Li-S batteries decreases the number of disposable
batteries as solid waste. However, the battery cells contain a
significant amount of lead oxide toxins, which are harmful to the
environment. Lead-acid batteries become unusable and are considered
hazardous waste when they stop yielding efficiency. Earlier, the
recycling of lead-acid batteries was carried out in highly populated
areas with limited pollution checks, which affected the environment.

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In this report, Technavio highlights the use of nanotechnology in
batteries as one of the key emerging trends in the global lithium-sulfur
battery market:

Use of nanotechnology in batteries

The global nanotechnology-enabled battery market is expected to grow
during the forecast period. However, nanotechnology-enabled batteries
are still new and developing. The implementation of nanotechnology in
battery production and development is expected to improve the
compatibility of power supplies. The increasing adoption of EVs, plug-in
hybrid EVs, and hybrid EVs and the growing focus on renewable energy is
expected to drive growth in the market.

ÔÇ£In 2015, to improve energy efficiency, players that manufacture Li-S
batteries tried developing nanostructured electrodes and electrolytes in
batteries. When compared to traditional Li-ion batteries, Li-S
nanotechnology-enabled batteries are expected to deliver an energy
density that is at least three times higher. Researchers have proposed a
battery configuration that consists of a silicon carbon composite anode
and nanostructured lithium sulfide-carbon composite cathode,ÔÇØ says a
senior analyst at Technavio for research on energy
storage.

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Global lithium-sulfur battery market
segmentation

This market research report segments the global
lithium-sulfur battery market into the following end-users,
including aviation and automotive and key regions, including the
Americas, APAC, and EMEA.

The aviation segment held the largest market share in 2017, accounting
for nearly 99% of the market. The market share for this end-user is
expected to decrease nearly 9% by 2022. The fastest growing end-user is
automotive, which will account for nearly 5% of the total market share
by 2022.

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