Posted By Coherent Market Insights
Posted on October 8, 2021
The global aluminum laminated film market is estimated to reach US$ 88.7 million by the end of 2027, exhibiting a CAGR of 15.0% over the forecast period.
Aluminum laminated film is an aluminum foil or resin film composite material, which offers higher flexibility in molding, better heat dissipation, and it is light weight compared to metallic cans. These aluminum laminated film is widely used as packaging material for lithium-ion batteries. Lithium ion batteries are categorized into cylindrical cell, button cell, prismatic cell, and pouch cell according to their shape and packaging. Aluminum laminated film is used for packaging of the pouch cells.
The research report studies the Aluminum Laminated Film Market using different methodologies and analyzers to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market.
Top Key Players in Aluminum Laminated Film market: Showa Denko K.K., Avocet Steel Strip Ltd., T&T Enertechno Co., Ltd., Daoming Optics and Chemical Co., Ltd., Nanografi Co. Inc., AME Energy Company, Dai Nippon Printing Co., Ltd., Selen Science & Technology Co., Ltd., Targray Technology International, and Gelon LIB Group
Regional Analysis:
The market research report on the global Aluminum Laminated Film market offers complete analysis across various regions around the globe. The report contains detailed country-level analysis, market revenue, market value and forecast analysis for the following countries and regions: Geographically, the comprehensive analysis of ingestion, revenue and Market share and growth speed, historical and forecast (2021-2027) of these regions are covered.
Key Trends and Analysis of the Global Aluminum Laminated Film Market:
Players operating in the aluminum laminated film market are focusing on adopting various growth strategies such as product development, in order to expand their market presence. For instance, in March 2020, Show Denko K.K. launched a new series of SPALF aluminum laminated films for packaging of large scale lithium-ion batteries. SPALF is a laminated composite film that consists of resins and aluminum foil, which is used as a packaging material for pouch type lithium-ion batteries.
Key Takeaways of the Market:
Among regions, North America is expected to be the fastest growing region in the global aluminum laminated film market over the forecast period. This is attributed to increasing demand for energy storage systems from power generation sector. Energy storage system uses a group of batteries such as lithium ion batteries to store electrical energy. This is expected to drive demand for aluminum laminated film over the forecast period. Moreover, players operating in energy storage systems market are focusing on business expansion, in order to meet the increasing demand for electricity, which is expected to drive the market growth.
For instance, on 2nd April 2020, Sinexcel ( provider of battery energy storage solutions) announced commissioning of a 72MWh (Megawatt-hour) pair of lithium iron phosphate battery energy storage projects in Illinois and West Virginia in U.S. to provide frequency regulation services to the PJM Interconnection (coordinates movement of electricity through Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and the District of Columbia) service area.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
The post Aluminum Laminated Film market to Surpass US$ 88.7 million by 2027 – Coherent Market Insights appeared first on Gatorledger.
