Press release
Battery Packaging Material Market 2021 Analysis By Global Manufacturers: Owens-Illinois, Ball Corporation, Nefab, Crown Holding, Rogers Corporation, Fedex, United Parcel Service (UPS), Amcor, Zarges, DHL, Umicore
Battery Packaging Material Market Report provides detailed analysis of Growth Factors of the market as well as it gives an analysis of the Market size, Latest trends, SWOT Analysis by Regions and Forecasted market research data until 2026. The Battery Packaging Material market report has studied key opportunities in the market and influencing factors which are useful to the business. The report also maps the qualitative and quantitative impact of various market factors like macro-economic indicators, PPP, Epidemiological data, Insurance scenario and patent and IP information, Government Policies and business regulations along market attractiveness as per segments.Battery packaging material market size was over USD 8.8 billion in 2019 and Expected to Grow at a 4.9% CAGR throughout the forecast (2021-2025).
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Battery Packaging Material Market: Owens-Illinois, Ball Corporation, Nefab, Crown Holding, Rogers Corporation, Fedex, United Parcel Service (UPS), Amcor, Zarges, DHL, Umicore and others.
Industry News and Updates:
Ball Corporation to Present at 2021 Deutsche Bank Global Basic Materials Conference
WESTMINSTER, Colo., June 2, 2021 -- Ball Corporation (NYSE: BLL), one of the world's leading suppliers of aluminum packaging and aerospace technologies, will speak to the investment community at the 2021 Deutsche Bank Global Basic Materials Conference, on Wednesday, June 9, 2021.
Ball Corporation supplies innovative, sustainable aluminum packaging solutions for beverage, personal care and household products customers, as well as aerospace and other technologies and services primarily for the U.S. government. Ball Corporation and its subsidiaries employ 21,500 people worldwide and reported 2020 net sales of $11.8 billion
Crown Becomes First Metal Packaging Manufacturer to Activate Renewable Power in 100% of its U.S. and Canadian Beverage Can Plants
YARDLEY, Pa., Nov. 20, 2020 -- Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) is now operating all 14 of its beverage can plants in the U.S. and Canada on renewable energy. It is the first metal packaging manufacturer to achieve this milestone, which is the result of a 15-year wind power Virtual Power Purchase Agreement (VPPA) with Longroad Energy. With the VPPA in effect and all of Crown's manufacturing facilities in the U.K. already completing a similar transition, 27.5% of the Company's global operations are now using renewable electricity.
This accelerated usage of alternative power sources serves as a major step in Crown's plan to employ 60% renewable electricity by 2030, 90% by 2040 and 100% by 2050—targets established in Crown's Twentyby30 initiative, a comprehensive sustainability program that addresses climate issues among other areas of urgent global concern. The action also supports Crown's Twentyby30 goal to decrease Scope 2 greenhouse gas (GHG) emissions within its global operations, targeting a 50% combined reduction in absolute Scope 1 (fuel) and Scope 2 (electricity) emissions. The transition reflects Crown's commitment to the RE100, which is led by The Climate Group and CDP and focuses on accelerating the transition to zero carbon grids at global scale.
Relying on a Texas-based wind farm, the VPPA generates more than 440,000 MWhs of electricity, helping prevent over 310,000 metric tons of carbon emissions each year—the equivalent to taking at least 67,000 passenger vehicles off the road for one year. The renewable power offsets 100% of the energy usage within Crown's U.S. and Canadian beverage plants, which account for over 20% of the Company's global Scope 2 greenhouse gas emissions.
Global Battery Packaging Material Market Split by Product Type and Applications:
On the basis of Types, the market is segmented into:
Cardboard
Wood
Foams
Plastics
On the basis of Application, the market is segmented into:
Lead Acid
Nickel Metal Hydride
Lithium-Ion
Nickel Cadmium
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Regional analysis:
This report covers South America, North America, Europe, Asia Pacific (APAC), Africa and The Middle East, taking into account the clear evidence of where the market is fully examined, typical market examples, blocks and open access roads for power generation. With a huge population, Asia Pacific has revenues in the picture year, and dominates the Battery Packaging Material market share, at any given time. Continuous GDP reform; Institutional progress per capita is becoming urbanized in the metropolitan area. This expanded revenue has led to indulging in top private and unrealistic usage models in the Battery Packaging Material market deployed in the region. While an important piece of the Battery Packaging Material market center around the global expansion of business, territories such as the Middle East and Africa will grow steadily. Big market development will take place in Latin America because of the small expansion producers' attempts at profits. In Europe, a lethargic improvement is expected due to mood-oriented rules and early stages.
Find Out:
Battery Packaging Material market: Where are the opportunities? What does the future look like for Battery Packaging Material? What will be the market size in the next 5 years?
Battery Packaging Material Market trends: What is driving the market? Where are the key players? What are their strategies? What is holding the market behind? Where is the industry heading for in the short and long-term? How are new developments expected to change the market?
Technology: How are new technologies shaping the Battery Packaging Material market?
What are the new revenue channels which companies can explore for growth?
For More Information On This Report, Please Visit: https://www.marketinsightsreports.com/reports/03202705043/2020-2025-global-battery-packaging-material-market-report-production-and-consumption-professional-analysis-impact-of-covid-19?source=Openpr&Mode=XXV
Due to the onset of COVID-19 pandemic, several economies across the world have experienced harsh economic downturn. The industrialists across North America, Europe, Asia Pacific, Latin America and Middle East and Africa were facing problems due to changing preferences of the customers and demand fluctuation. The market research report covers pre-Covid-19 data for the Battery Packaging Material market in years 2018 and 2020. Further, the report also covers forecast Covid-19 data from 2021 to 2026, which provides future outlook of the market for the manufacturers and suppliers.
Browse Related Reports:
Lithium Ion Battery Packaging Solutions Market:
https://www.marketinsightsreports.com/reports/05222921662/global-lithium-ion-battery-packaging-solutions-market-2021-by-company-regions-type-and-application-forecast-to-2026?source=Openpr&Mode=XXV
Automotive Power Module Packaging Market:
https://www.marketinsightsreports.com/reports/07043038546/global-automotive-power-module-packaging-market-size-status-and-forecast-2021-2027?source=Openpr&Mode=XXV
MEMS Packaging Market: The global MEMS Packaging market size is projected to reach US$ 85640 million by 2027, from US$ 42380 million in 2020, at a CAGR of 10.1% during 2021-2027.
https://www.marketinsightsreports.com/reports/07043038299/global-mems-packaging-market-size-status-and-forecast-2021-2027?source=Openpr&Mode=XXV
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If you have any questions about any of our “Battery Packaging Material market report” or would like to schedule a personalized free demo of Battery Packaging Material market report, please do not hesitate to contact me at irfan@marketinsightsreports.com.
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Irfan Tamboli
Head of Sales Operations
Market Insights Reports
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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