What is the battery packaging material market?

The battery packaging material market refers to the market for materials used to house and protect batteries. It is segmented based on various batteries, including lithium ion, lead acid, nickel cadmium, and nickel metal hydride. Among the battery type segment, lithium ion is the fastest growing segment due to its increasing demand in electric vehicles and solar energy.

Who makes battery packaging material?

Several organizations manufacture battery packaging material, including Ball Corporation, Amcor, Crown Holding, Owens-Illinois, Reynolds Group, International Paper Company, and DS Smith.

What are the different types of battery packaging?

Our solutions include cans, cases, lids, tabs, rolls, and laminated films (aluminum – and polypropylene-based). The cylindrical cell continues to be one of the most widely used packaging styles for primary and secondary batteries. The advantages to using this cell format are manufacturing convenience and mechanical stability.

What Li-ion battery packaging materials does Targray offer?

Targray supplies customizable Lithium-ion Battery packaging materials for the 3 primary geometric battery configurations - cylindrical, prismatic and pouch cell. Our li-ion cell packaging solutions include high-performance tabs, tapes (films), cases, cans and lids.

What packaging technologies are used in lithium-ion batteries?

With the widespread deployment of Lithium-ion batteries to power numerous applications over the course of the last decade, three primary packaging technologies have evolved as the most prevalent in the Lithium-ion battery industry: Cylindrical, Prismatic, and Pouch-based.

Which battery companies dominate the global lithium ion battery packaging material market?

LG Chem and SK Energy, as significant players in the global lithium ion battery market, represent 20% of the market. This creates a larger opportunity for the growth of the battery packaging material market in the overall Asia Pacific region.