According to study, “Global Battery Packaging Market Size study, by Type of Casing (Cylindrical, Prismatic, Pouch), by Type of Packaging (Corrugated, Blister, Others), by Material (Metal, Plastics, Cardboard, Others) and Regional Forecasts 2018-2025” some of the major companies that are currently working in the global battery packaging market are Nefab Group, DS Smith Plc., Rogers Corporation, United Parcel Service (UPS), Heitkamp & Trumann Group, Umicore, DHL, Ball Corporation, Stora Enso Ingerois Oy, Amcor Rigid Plastics USA, Inc., WestRock Company, Fedex, Zarges Group, Smurfit Kappa Plc., ALL Cell Technologies, Veolia Environnement S.A., Texim Europe, Targray, Manika Moulds, Bemis Company, Inc., Johnson Controls, Tesla, Inc., Mondi Group Plc., Amara Raja Batteries Limited, Graphic Packaging International, Inc., Coveris Holdings S.A. All these key players are focus on customizable packaging solutions for batteries, which depends on size requirement.
Battery packaging means a set of same or different batteries or individual battery cells. Batteries may be configured in a series, parallel or a mixture of both to distribute the desired voltage, power density or capacity. The major benefit of battery packaging is the simplicity with which it can be swapped into or out of a packaging device. Some other benefits include flexibility of their design & implementation that permits the use of cheaper high production batteries or cells.
Based on the type of testing, battery packaging market can be segmented into prismatic, cylindrical and pouch. Based on the type of packaging, the market is segmented into blister packaging, corrugated packaging, strip packaging and others. Based on the material, the market is segmented into plastics, metal and cardboard etc. Plastics include polybutylene terephthalate, polyamide and polypropylene etc. The metals used as a raw material include steel and aluminum etc.Based on the type of battery, the market is segmented into lead-acid battery and lithium-ion battery. Based on the level of packaging, the market is segmented into transportation packaging and cell & pack packaging. In addition, based on the end-users, the market is categorized into automotive industry, consumer electronics industry and robotics industry.
The battery packaging demand is primarily driven by the increasing awareness towards zero emission vehicles, followed by the increasing demand of batteries from the sustainable energy sector, innovation in the battery packaging designs with the favorable government initiatives. Apart from the benefits, the factors hampering the market are low efficiency on sustainable technologies, increasing integration of batteries in electronic devices and the high cost associated with batter packaging etc. In addition, some the major opportunities are the increase in the battery recycling activities and followed by the rise in fuel prices.
Globally, the Asia-pacific holds foremost share of the battery packaging market, due to rise in number of the computerized sectors & the presence of primary battery manufacturers in the region. Moreover it is expected that the North America to hold the largest market share owing to the rising automotive industries & well-developed consumer device industry. It is anticipated that the battery packaging market to develop rapidly due to technological advancement and demand of cleaner and low cost energy source.
To know more, click on the link below:
Global Battery PackagingMarket
Related Reports :
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
