Battery Packaging Material Market Size, Growth Factor with Key Drivers Analysis till 2026 - PowerPoint PPT Presentation

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Battery Packaging Material Market Size, Growth Factor with Key Drivers Analysis till 2026

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Global Market Insights Inc., forecasts that global battery packaging material market size will be worth more than US$11.3 billion by 2026. – PowerPoint PPT presentation

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Title: Battery Packaging Material Market Size, Growth Factor with Key Drivers Analysis till 2026


1
Battery Packaging Material Market 2021 and
Growth Rate, Growth Drivers, Trend and
Technologies with Forecast to 2026
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2
Global Market Scenario of Battery Packaging
Material Industry
  • Global Market Insights Inc., forecasts that
    global battery packaging material market size
    will be worth more than US11.3 billion by 2026.
  • Majority of the battery demand today is driven by
    consumer electronics and automotive starter
    batteries. However, advanced, high-power
    applications such as electric vehicles (EV) and
    renewable energy storage systems are anticipated
    to make a considerable impact in the near future.
    Battery packaging materials help the battery
    adapt to specific needs of an applications based
    on temperature, form factor, sealing and charge
    monitoring.
  • Wood, foam, cardboard, and different types of
    plastics are typically used as battery packaging
    materials. Flourishing consumer electronics and
    automotive sectors are likely to propel the
    demand for these materials. Manufacturers are
    aiming to design reliable, efficient, and
    cost-effective packaging materials while ensuring
    compliance with regulatory standards.
  • With mounting environmental concerns and
    tightening government regulations, more and more
    people are switching to EVs and HEVs. According
    to the International Energy Agencys (IEA) Global
    EV Outlook 2019, the global EV fleet had
    surpassed 5 million in 2018, with China
    accounting for almost 50 of global EV sales,
    followed by the U.S. and Europe.

2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Continue-
  • The regulatory landscape for batteries
  • Li-ion batteries are technically classified as
    hazardous goods as they can be extremely
    dangerous. These batteries are prominently used
    in e-bikes, smartphones, and even in electric
    vehicles. However, increased use means increased
    risk. While the shipping of brand-new batteries
    is safe, returning used or damaged batteries for
    recycling, repair or disposal can be dangerous.
  • For shipping li-ion batteries, certain
    manufacturers and suppliers need to comply with
    certain safety regulations. The legal
    requirements of li-ion battery packaging have
    been set out by the United Nations under the code
    UN3480 code. These regulations specify which
    materials can be used and what type of packaging
    is suitable for li-ion batteries. The presence of
    a strong regulatory framework to ensure safety
    during shipping and transportation will certainly
    influence the growth of battery packaging
    material manufacturers.

2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4
Request for sample copy of this research report_at_
https//www.gminsights.com/request-sample/detail/
4602
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
360 Industry Analysis
  • Proliferation of lithium-ion batteries
  • Since their introduction, li-ion batteries have
    gradually dominated the energy storage systems
    industry. The technology finds applications in
    electronic gadgets like smartphones, tablets, and
    laptops along with smart wearables and a range of
    kitchen and home appliances. Li-ion batteries are
    being regarded as an imminent option for the
    rapidly growing electric vehicles space.
    Advantages such as high energy density, low
    self-discharge rate and long service life makes
    them a suitable option in electric and hybrid
    vehicles.
  • EV makers are currently focusing on minimizing
    battery and component costs, indicating a
    significant upsurge in the adoption of electric
    cars in the upcoming years. APAC battery
    packaging materials market is slated to witness
    notable growth in the future on account of a
    automotive and consumer electronics demand.
  •  

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com/roc/4602
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6
  • Competitive Analysis
  • Many players are also play significant role in
    packaging of other industry products such as
    food, pharmaceuticals etc. Major players try to
    leverage their market position through
    acquisitions and mergers. Small scale
    manufacturers are also growing in emerging
    countries, posing a serious challenge to the top
    players. Some of the key players in the battery
    packaging material industry are Nefab, Fedex,
    DHL, Rogers Corporation, United Parcel Service
    (UPS), Umicore and Zarges.

2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
7
Latest Research Report On Battery Packaging
Material Market_at_ https//www.gminsights.com/indust
ry-analysis/battery-packaging-material-market
Request for sample of this research report_at_
https//www.gminsights.com/request-sample/detail/
4602 Request for customization
https//www.gminsights.com/roc/4602
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
8
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
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