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Global Metal Li-based Battery Casing Market to Skyrocket: 18.0% CAGR Expected to Reach 4,057.21 million by 2034

11-07-2024 11:35 AM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

Global Metal Li-based Battery Casing Market to Skyrocket: 18.0%

๐Œ๐ž๐ญ๐š๐ฅ ๐‹๐ข-๐›๐š๐ฌ๐ž๐ ๐๐š๐ญ๐ญ๐ž๐ซ๐ฒ ๐‚๐š๐ฌ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ

The metal Li-based battery casing market size was valued at USD 780.14 million in 2024. It is projected to grow to USD 4,057.21 million by 2034, exhibiting a compound annual growth rate (CAGR) of 18.0% from 2025 to 2034.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:

A casing for batteries made from metal based on lithium is called a metal Li-based battery casing. Primary batteries with metallic lithium as an anode are known as lithium metal batteries. The name purposely alludes to the metal in order to differentiate it from lithium-ion batteries, which utilize lithiated metal oxides as the cathode material. While the majority of lithium metal batteries are not rechargeable, there are ongoing efforts to develop rechargeable lithium metal batteries as well.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/metal-li-based-battery-casing-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

โ— Metal Li-based enclosures offer better protection than plastic options, guaranteeing the battery's safety and functionality in different situations. This, in turn, boosts the demand for the casing type.
โ— The progress in battery safety technologies and increased regulatory compliance are expected to drive the global market for metal lithium-based battery casings in the future. An increasing demand for battery enclosures that can endure harsh environments is emerging alongside advancements in safety technology.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

In this extremely competitive market, major rivals constantly innovate and differentiate their products in an effort to take the lead in the market. Here is the list of the leading companies operating in the metal Li-based battery casing market:
โ€ข Constellium
โ€ข Gestamp Automociรณn, S.A.
โ€ข GF Casting Solutions
โ€ข Grรคnges
โ€ข Magna International Inc.
โ€ข MINTH GROUP
โ€ข Nemak
โ€ข UACJ Corporation
โ€ข thyssenkrupp AG
โ€ข Targray Technology International Inc.
โ€ข Novelis
โ€ข Norsk Hydro ASA

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/metal-li-based-battery-casing-market/inquire-before-buying

๐Œ๐ž๐ญ๐š๐ฅ ๐‹๐ข-๐๐š๐ฌ๐ž๐ ๐๐š๐ญ๐ญ๐ž๐ซ๐ฒ ๐‚๐š๐ฌ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข Based on type, the metal Li-based battery casing market for the rechargeable segment is expected to experience substantial growth during the forecast period due to the increasing focus on sustainability and the shift toward electric vehicles (EVs).
โ€ข The primary segment dominated the market in 2024 owing to the widespread adoption of portable devices requiring compact, high-performance energy sources.
โ€ข In the global market, Asia Pacific held the largest revenue share in 2024 due to the rapid growth of the consumer electronics and automotive sectors.
โ€ข The metal Li-based battery casing market in North America is estimated to record a significant CAGR in the coming years owing to the increasing investments in energy storage solutions and advancements in electric vehicle technology.

๐†๐ž๐จ๐ ๐ซ๐š๐ฉ๐ก๐ข๐œ๐š๐ฅ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

โ€ข North America (U.S., Canada)
โ€ข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โ€ข Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
โ€ข Latin America (Brazil, Mexico, Argentina)
โ€ข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐“๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:
https://www.polarismarketresearch.com/industry-analysis/metal-li-based-battery-casing-market

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The metal Li-based battery casing market is mainly segmented based on the type, application, and region. Based on type analysis, in 2024, the primary segment held the largest market share because of the widespread use of gadgets that need small, efficient power sources.

Moreover, according to the application analysis, in 2024, the automotive segment led the global market due to the growing popularity of electric vehicles (EVs) and the need for advanced batteries.

Polaris Market Research has segmented the metal Li-based battery casing market report based on type, application, and region:

๐๐ฒ ๐“๐ฒ๐ฉ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž, ๐”๐’๐ƒ ๐Œ๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ’)
โ€ข Primary
โ€ข Rechargeable

๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž, ๐”๐’๐ƒ ๐Œ๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ’)
โ€ข Automotive
โ€ข Consumer Electronics
โ€ข Industrial
โ€ข Energy Storage Solutions

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Transcritical CO2 Systems for Commercial and Industrial Refrigeration Market: https://www.polarismarketresearch.com/industry-analysis/transcritical-co2-systems-for-commercial-and-industrial-refrigeration-market

Metal Li-based Battery Casing Market:
https://www.polarismarketresearch.com/industry-analysis/metal-li-based-battery-casing-market

Methyl Methacrylate Market: https://www.polarismarketresearch.com/industry-analysis/methyl-methacrylate-market

EVA Solar Films Market: https://www.polarismarketresearch.com/industry-analysis/eva-solar-films-market

Europe Glass Grade Silica Sand Market:
https://www.polarismarketresearch.com/industry-analysis/europe-glass-grade-silica-sand-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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