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Despite the increasing build up around lithium-ion batteries, which are poised to become the next big thing in battery storage space, demand for lead-acid batteries continues to grow steadily, if not spectacularly.
The 90 year old US firm Daramic is at the centre of this transition, with a big stake in the sector. With its India operations since 2008 where it has two manufacturing plants, the firm is a familiar player to stakeholders in the battery space. It is the largest manufacturer of Polyethylene (PE) separators but also the only manufacturer of phenolic resin-based separators for automotive, industrial and specialty applications in the lead-acid battery industry. Despite a switch in technology from regular to EVs there will still be a demand for lead acid batteries. We don’t see this demand slowing down for us. Perhaps, we may see different specification requirements coming up. But this also, we will meet through separators, while battery manufacturers also, will find ways to meet the demand. Lead acid batteries are here to stay.