Report Overview

Vietnam Lithium-Ion Battery Coating Equipment Market – Industry Trends & Forecast Report, 2031

Vietnam Lithium-Ion Battery Coating Equipment Market size was estimated at USD 5.37 million in 2024. During the forecast period from 2025 to 2031, Vietnam Lithium-Ion Battery Coating Equipment Market size is projected to grow at a CAGR of 19.69% reaching a value of USD 18.9 million by 2031. The growth of Vietnam Lithium-Ion Battery Coating Equipment Market is propelled by rising electric vehicle adoption, expansion of renewable energy storage, and government support for clean energy initiatives. Increasing demand for high-performance batteries in consumer electronics and industrial applications further fuels growth. Technological advancements in coating precision and automation enhance production efficiency and quality. Additionally, Vietnam’s strategic push toward local battery manufacturing and foreign investments in energy infrastructure contribute to the market’s rapid development and long-term potential.

Source: BlueWeave Consulting

Lithium-Ion Battery Coating Equipment – Overview

Lithium-ion battery coating equipment is essential for applying uniform, high-performance coatings to battery electrodes and separators. These coatings enhance conductivity, thermal stability, and overall battery efficiency. The equipment includes technologies like slot die, gravure, and dip coating systems, tailored for precision and scalability. As demand for electric vehicles, consumer electronics, and energy storage systems grows, advanced coating solutions are critical for improving battery performance, safety, and lifecycle. Innovations in automation and material science further drive market evolution.

Vietnam Lithium-Ion Battery Coating Equipment Market 

Growth Drivers

Rising Demand for Electric Vehicles (EVs)

The surging demand for electric vehicles (EVs) is a major growth driver for lithium-ion battery coating equipment. As governments push for cleaner transportation and consumers shift toward sustainable mobility, EV production is accelerating. This trend increases the need for high-performance lithium-ion batteries, which rely on precise coating technologies to enhance efficiency, safety, and longevity. Manufacturers are investing in advanced coating equipment to meet quality standards and scale production, fueling market expansion across the automotive and energy sectors.

Challenges

High Initial Investment Costs

High initial investments required for advanced machinery and infrastructure could be a major restraint for the growth of Vietnam Lithium-Ion Battery Coating Equipment Market. These escalating costs include precision coating systems, cleanroom facilities, and automation technologies, which can be prohibitive for small and mid-sized manufacturers. Additionally, the need for skilled technicians and ongoing maintenance adds to operational expenses. This financial barrier may slow market entry and expansion, particularly in emerging economies with limited access to capital and technical expertise.

Impact of Escalating Geopolitical Tensions on Vietnam Lithium-Ion Battery Coating Equipment Market 

Intensifying geopolitical tensions among countries, particularly between China and United States, across the major regions could impact the growth of Vietnam Lithium-Ion Battery Coating Equipment Market by disrupting global supply chains and increasing raw material costs. Trade restrictions, prohibitive tariffs, and regional conflicts hinder the import of specialized machinery and components, delaying production timelines. Uncertainties in international relations also affect foreign direct investments (FDIs) and technology transfers that are critical to the growth of Vietnam Lithium-Ion Battery Coating Equipment Market. To mitigate growth risks, manufacturers are exploring local sourcing and strategic partnerships, but overall market expansion may face headwinds due to prolonged instability and economic unpredictability.

Vietnam Lithium-Ion Battery Coating Equipment Market 

Segmental Coverage

Vietnam Lithium-Ion Battery Coating Equipment Market – By Type

Vietnam Lithium-Ion Battery Coating Equipment Market by type is divided into Slot Die Coating, Gravure Coating, and Dip Coating segments. The slot die coating segment holds the largest share of Vietnam Lithium-Ion Battery Coating Equipment Market by type. The segment’s market dominance stems from high precision, scalability, and efficiency in electrode coating processes, making it ideal for mass production of lithium-ion batteries. Slot die technology ensures uniform thickness and minimal material waste, which is critical for electric vehicles and energy storage applications. Its widespread adoption across giga factories further reinforces its market leadership.

Source: BlueWeave Consulting

Vietnam Lithium-Ion Battery Coating Equipment Market – By Coating type

Based on coating type, Vietnam Lithium-Ion Battery Coating Equipment Market is divided into Cathode Coating, Anode Coating, and Separator Coating segments. The cathode coating segment emerges as the largest coating type in Vietnam Lithium-Ion Battery Coating Equipment Market. The segment’s leadership position in the market is due to its critical role in determining battery capacity, energy density, and overall performance. Cathode materials require precise and uniform coating to ensure optimal electrochemical behaviour, especially in electric vehicles and energy storage systems. The growing demand for high-performance batteries drives investment in cathode coating technologies, solidifying its lead in the market.

Vietnam Lithium-Ion Battery Coating Equipment Market – By Application

On the basis of application, Vietnam Lithium-Ion Battery Coating Equipment Market is divided into Consumer Electronics, Electric Vehicles (EVs), and Energy Storage Systems segments. The electric vehicles (EVs) segment represents the largest application in Vietnam Lithium-Ion Battery Coating Equipment Market. This is driven by Vietnam’s growing commitment to sustainable transportation, rising EV adoption, and supportive government policies. The demand for high-performance lithium-ion batteries in EVs necessitates advanced coating technologies to ensure efficiency, safety, and durability. As automotive manufacturers scale up production, EVs continue to dominate the market, outpacing other application segments in growth and investment.

Source: BlueWeave Consulting

Competitive Landscape

Major companies operating in Vietnam Lithium-Ion Battery Coating Equipment Market include Duerr AG, Golden Milky Way, Haoneng Technology, Hirano Tecseed, Hitachi High-Technologies, Komatsu NTC Ltd, Naura Technology, PNT, Putailai, Schuler AG,  Wuxi Lead, and Yinghe Technology. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

• In 2024 – VinFast’s VinES expanded its electrode coating lines from 5 GWh to 8 GWh in Hà Tĩnh, Vietnam.

• In 2025 - LG Energy Solution announced that its pilot coating line (0.5 GWh) in Hải Phòng, Vietnam, became operational.

Scope of the Report

By Type

• Slot Die Coating

• Gravure Coating

• Dip Coating

By Coating Type

• Cathode Coating

• Anode Coating

• Separator Coating

By Application

• Consumer Electronics

• Electric Vehicles (EVs)

• Energy Storage Systems

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Vietnam Lithium-Ion Battery Coating Equipment Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Rising Demand for Electric Vehicles (EVs)
         2. Government Support for Clean Energy Initiatives
         3. Expansion of Energy Storage Systems       
      2. Restraints
         1. High Initial Investment Costs
         2. Limited Technical Expertise and Skilled Workforce
         3. Supply Chain Disruptions
      3. Opportunities
         1. Localization of Battery Manufacturing
         2. Technological Advancements in Coating Equipment  
      4. Challenges
         1. Intense Regional Competition
         2. Regulatory and Environmental Compliance Issues 
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Vietnam Lithium-Ion Battery Coating Equipment Market: Marketing Strategies
5. Vietnam Lithium-Ion Battery Coating Equipment Market: Pricing Analysis
6. Vietnam Lithium-Ion Battery Coating Equipment Market Overview
   1. Market Size & Forecast, 2019–2031
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
         1. Slot Die Coating
         2. Gravure Coating
         3. Dip Coating
      2. By Coating Type
         1. Cathode Coating
         2. Anode Coating
         3. Separator Coating
      3. By Application
         1. Consumer Electronics
         2. Electric Vehicles (EVs)
         3. Energy Storage Systems
7. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. Vietnam Lithium-Ion Battery Coating Equipment Market, Market Share Analysis, 2024
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
8. Impact of Escalating Geopolitical Tensions on Vietnam Lithium-Ion Battery Coating Equipment Market
9. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
   1. Duerr AG
   2. Golden Milky Way
   3. Haoneng Technology
   4. Hirano Tecseed
   5. Hitachi High-Technologies
   6. Komatsu NTC Ltd
   7. Naura Technology
   8. PNT
   9. Putailai
   10. Schuler AG
   11. Wuxi Lead
   12. Yinghe Technology
   13. Othe Prominent Players 
10. Key Strategic Recommendations
11. Research Methodology
    1. Qualitative Research
       1.  Primary & Secondary Research
    2.  Quantitative Research
    3.  Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

List of Figures

Figure 1        Vietnam Lithium-Ion Battery Coating Equipment Market Segmentation

Figure 2        Vietnam Lithium-Ion Battery Coating Equipment Market Value Chain Analysis

Figure 3        Company Market Share Analysis, 2024

Figure 4        Vietnam Lithium-Ion Battery Coating Equipment Market Size, By Value (USD Million), 2019–2031

Figure 5        Vietnam Lithium-Ion Battery Coating Equipment Market Share, By Type, By Value, 2019–2031

Figure 6        Vietnam Lithium-Ion Battery Coating Equipment Market Share, By Coating Type, By Value, 2019–2031

Figure 7        Vietnam Lithium-Ion Battery Coating Equipment Market Share, By Application, By Value, 2019–2031

List of Tables

Table 1         Vietnam Lithium-Ion Battery Coating Equipment Market Size, By Value (USD Million), 2019–2031

Table 2         Vietnam Lithium-Ion Battery Coating Equipment Market Size, By Type, By Value, 2019–2031

Table 3         Vietnam Lithium-Ion Battery Coating Equipment Market Size, By Coating Type, By Value, 2019–2031

Table 4         Vietnam Lithium-Ion Battery Coating Equipment Market Size, By Application, By Value, 2019–2031

Table 5         Vietnam Lithium-Ion Battery Coating Equipment Market Size, By Value, 2019–2031

Table 6 Duerr AG Company Overview

Table 7 Duerr AG Financial Overview

Table 8 Golden Milky Way Company Overview

Table 9 Golden Milky Way Financial Overview

Table 10 Haoneng Technology Company Overview

Table 11 Haoneng Technology Financial Overview

Table 12 Hirano Tecseed Company Overview

Table 13 Hirano Tecseed Financial Overview

Table 14 Hitachi High-Technologies Company Overview

Table 15 Hitachi High-Technologies Financial Overview

Table 16 Komatsu NTC Ltd Company Overview

Table 17 Komatsu NTC Ltd Financial Overview

Table 18 Naura Technology Company Overview

Table 19 Naura Technology Financial Overview

Table 20 PNT Company Overview

Table 21 PNT Financial Overview

Table 22 Putailai Company Overview

Table 23 Putailai Financial Overview

Table 24 Schuler AG Company Overview

Table 25 Schuler AG Financial Overview

Table 26 Wuxi Lead Company Overview

Table 27 Wuxi Lead Financial Overview

Table 28 Yinghe Technology Company Overview

Table 29 Yinghe Technology Financial Overview