Binders are a type of material used in batteries to hold the active materials together, forming a stable and functional battery electrode. Binders are typically made from polymeric materials and are used to obtain good mechanical adhesion, descent conductivity, and excellent overall performance. For their commercial development, this review shows the proportion of cathode/anode binders in different battery costs. In addition, aqueous binders have the tendency to gradually replace PVDF binders in the future by taking advantage of their low cost and create considerable output value. In application, as a new binder under the silicon-based anode, polyacrylic acid (PAA) has important advantages in enterprise product development.