Plastics and Composites in Advanced Energy Storage: Technology Analysis Reveals Growth Prospects
Need for high charge density in advanced batteries driving demand for polymers and composites
Research Overview
Current lithium-ion batteries face challenges such as safety issues, high charging time, and low power density. With the rise in electrification, there is a need for advanced energy storage solutions, especially advanced batteries based on Lithium-ion and other battery chemistries. Materials used to manufacture these batteries are often unable to meet the key requirements of advanced battery solutions.
To meet the performance requirements, R&D efforts target developing next-generation materials such as nanomaterials, nanocomposites, and self-healing materials in advanced batteries. Continued developments focused on various polymers and composites are also aimed at mitigating the challenges faced by current conventional batteries.
Polymers and composites can find potential applications across various advanced battery chemistries, including Li-ion battery, sodium-sulfur battery, magnesium-ion battery, metal-air battery, and solid-state battery. Among these, Lithium polymer batteries and solid-state polymer batteries have gained the significant interest of technology developers, especially due to their potential use in electric vehicles (EVs).
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