What new opportunities are there for HPA?
- A major growth area for HPA is in the production of separators for lithium Ion batteries. As these batteries are enlarged in size and capacity with corresponding increase in density to meet the ever-expanding demand for electric vehicles, the benefits of HPA in temperature control and safety are expected to drive demand far beyond current levels
|End Product||Current Share||Growth Potential|
|Lithium Ion batteries||>10%||very high|
|Sapphire glass for displays||>10%||high|
|Aerospace and other||>10%||good|
Volume of lithium-ion battery separator used in one EV is said to be 100,000X more than that used in one smartphone.”–W-Scope (Japanese manufacturer of separation membranes)