Lithium Battery Aluminium Plastic Film Market Size, Share, Growth, and Industry Analysis, By Type (88μm, 113μm, 152μm and others), By Application (3C Digital Battery, Automotive Battery and others), Regional Insights, and Forecast from 2023 to 2030

Updated On: 13 November 2023

Lithium Battery Aluminium Plastic Film Market REPORT OVERVIEW

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Lithium Battery Aluminium Plastic Film Market Size is expected to grow from 1307.8 million in 2022 to USD 4228.1 million by 2028 at a Compound Annual Growth (CAGR) of 21.6% from 2022 to 2028.

The invention pertains to the field of lithium battery aluminium plastic film, and more specifically to a lithium battery aluminium plastic film for flexible packaging and a method of producing such. A protective layer, a first adhesive layer, a single-sided glazed aluminium layer, a Decrement anticorrosion coating, a second adhesive layer, and a heat-sealing barrier layer are piled up sequentially to produce the lithium battery aluminium plastic film. The following is an aluminium-plastic film preparation method: 1) coating one Decrement anticorrosion coating on an aluminium foil; 2) compositing the coating aluminium foil with the protective layer and the heat-sealing layer via an adhesive; and 3) roasting under specific conditions to prepare the novel aluminium-plastic film for the flexible package.

Aluminium Plastic Film for Lithium-ion Battery is a multi-layer film with high barrier qualities composed mostly of plastic films (PET/PE/PP) and aluminium foil. It performs well in terms of oxygen resistance, moisture resistance, grease resistance, and light protection. Aluminium Plastic Film for Lithium-ion Battery can be used to protect lithium cobalt oxide batteries, nickel manganese cobalt batteries, and lithium iron phosphate batteries from external environmental influences.

COVID-19 Impact: Lockdown Negatively Impacted Market Growth

The Lithium Battery Aluminium Plastic Film market was one of several affected by the financial crisis during COVID-19. To halt the spread of the coronavirus epidemic, state officials implemented a state-wide lockdown, disrupting the flow of raw materials, labour, and industrial cycles. One of the primary causes for the drop in demand is the pandemic's impact on the tourist sector. Even after the limitations have been relaxed, some remain hesitant to travel because of the corona virus sickness. This is a crucial factor in diminishing market demand.  Furthermore, the epidemic has a detrimental influence on the enterprise's business activities, which impacts the market as a whole. This has had an effect on the industry.

LATEST TRENDS

"Launch Of New Products, Mergers, And Acquisitions To Stimulate Market Expansion"

The most popular type of lithium-ion battery separator is the Rolls Type. The polymer film, core layer, and protective layer are the three layers. These layers' overall thickness ranges from 15 to 30 micrometres. In these separators, two rolls are produced, one containing an anode and the other containing cathode material, with an electrolyte in between to assist in charging the device. The laminated premade type is made of aluminium foil and plastic film. Preformed pouches are utilised in lithium-ion battery packs because they provide superior safety and performance than typical roll-type alternatives. These varieties offer additional advantages such as low cost, flexibility, and large capacity, which has contributed to their popularity. Thus, the process of developing new launches, mergers, and acquisitions is a major trend that is creating opportunities for the industry to flourish. The market's overall expansion is primarily the result of these recent changes.

Lithium Battery Aluminium Plastic Film Market SEGMENTATION

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• By Type

The market is divided into categories based on type, 88μm, 113μm, 152μm and others.

• By Application

The market is divided into segments by Application 3C Digital Battery, Automotive Battery and other categories based on application.

DRIVING FACTORS

"Increased Technological Advancements that Boost the Market"

The spike in demand for lightweight, efficient, and small batteries is driving the worldwide aluminium plastic film market. When compared to lithium polymer batteries, aluminium-plastic film batteries have higher conductivity and better stability. The LiCoO battery sector is likely to dominate the market throughout the forecast period due to its widespread usage in mobile devices such as smartphones and tablets, as well as its ability to provide long-lasting power supply sources. Consequently, during the predicted period, increased product dependence will support industry growth. As a result, the market will benefit from growth and increased technological advancements. It will help the chemicals and advanced materials sector flourish and accelerate the Lithium Battery Aluminium Plastic Film market growth.

"Growing Awareness Of Safety Issues Among Citizens Leads To Market Expansion"

Lithium battery development is currently rapid; consumer demand for lithium batteries is increasing; in fact, in life, we frequently hear events such as battery explosion, leakage, and useful life that is too short, so battery safety and life-span have become topics that consumers pay close attention to on a daily basis. Because it can produce hydrofluoric acid during the normal impulse electricity process of the battery, it is a strong corrosive substance, causing battery external packing internal layer to be damaged by corrosion, the packing of slowly corroding whole battery causes a series of safety problems, severely reducing the useful life of the battery. In this instance, the exterior packing-aluminium plastic film of the unique appointment of battery core must be improved to the fullest degree possible in order to ensure the use Safety and Service Life of lithium battery. Together, these elements are encouraging market expansion, which is raising business revenues. As a result, the market will grow thanks to the growing awareness of safety issues among citizens.

RESTRAINING FACTORS

"Infrastructure and Product Customization Will Prevent Market Expansion"

Energy storage systems that are efficient and dependable are critical for our modern life. Excellent-performance lithium-ion batteries (LIBs) are extensively employed in portable gadgets and electric vehicles (EVs), but frequent fires and explosions limit their future and more widespread usage. This leads to Restraining the market of lithium battery aluminium plastic film. Thus, the process of developing new advancements in the technological features is a major trend that is creating opportunity for the industry to flourish. The market's overall expansion is primarily the result of these recent changes.

Lithium Battery Aluminium Plastic Film Market REGIONAL INSIGHTS

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"The Market is Globally Dominated by North America"

Since this area is the largest user of the product, the market for Lithium Battery Aluminium Plastic Film in North America has profited from the region's expanding industrial development and several driving factors that have boosted the potential sectors. The increasing demand for products in the 3C Digital Battery, Automotive Battery and other industries is one of the important factors driving the Lithium Battery Aluminium Plastic Film Market Share. Rapid urbanisation trends will further strengthen the market as a whole.

KEY INDUSTRY PLAYERS

"Leading Manufacturers to Boost Product Demand"

The analysis covers data on market participants and their positions within the industry. Through appropriate research, mergers, technological development, expanding production facilities, and collaboration, data is being gathered and made available. Information on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more is provided in the study on materials. 

List of Market Players Profiled

• Dai Nippon Printing (Japan)
• Showa Denko (Japan)
• Youlchon Chemical (South Korea)
• SELEN Science & Technology (China)
• Zijiang New Material (China)
• Daoming Optics (China)
• Crown Material (U.S.A.)
• Suda Huicheng (China)
• FSPG Hi-tech (China)
• Guangdong andelie new material (China)
• PUTAILAI (China)

REPORT COVERAGE

The study goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including existing and potential market leaders. A considerable market expansion is anticipated as a result of several important factors. In order to provide market insights, the research additionally analyses elements that are probably to boost Lithium Battery Aluminium Plastic Film Market share. The report makes forecasts for market expansion during the projected time period. The objective of the regional study is to explain why one region dominates the worldwide market. There are a lot of issues that have all been carefully considered that prevent the industry from growing. The research also contains a market strategic analysis. It includes thorough market information.