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Aluminium Sheet for Battery Cooling Plate Market Forecast Driven by EV Thermal Management and Lightweight Design Needs | Valuates Reports
Aluminium Sheet for Battery Cooling Plate Market SizeThe global market for Aluminium Sheet for Battery Cooling Plate was valued at US$ 639 million in the year 2024 and is projected to reach a revised size of US$ 2606 million by 2031, growing at a CAGR of 21.3% during the forecast period.
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The aluminium sheet for battery cooling plate market is experiencing strong market growth, propelled by rapid adoption of electric vehicles (EVs) and the critical need for effective thermal management solutions. As automakers push for lighter, safer, and more efficient battery systems, the market size continues to expand, supported by advances in high-performance alloy blanks and structural integration.
By material type, Aluminium Alloy 5052 currently holds the largest market share due to its blend of corrosion resistance, formability, and favorable thermal conductivity-making it a preferred choice for flexible cooling plate designs. Aluminium Alloy 6061, while holding a smaller share, is the fastest-growing segment, reflecting market trends toward higher strength-to-weight ratios and improved weldability in high-voltage battery environments. The "others" category-covering specialty alloys such as 3000 and 7005 series-is gaining traction for ultra-lightweight and high-heat-flux applications, driven by innovation in cell-level thermal control strategies.
In terms of application, passenger cars dominate the market size, fueled by mass-market EV production and growing thermal safety standards. Commercial vehicles (including buses and light-duty delivery vehicles) represent an emerging growth area, as electrification of fleet vehicles drives demand for robust battery cooling plates to maintain battery longevity under heavy-duty cycles.
Overall, the aluminium sheet for battery cooling plate market forecast indicates sustained market growth, underpinned by continuous innovations in alloy processing, evolving thermal management system designs, and scaling of EV production across global automotive sectors.
by Type
• Aluminum Alloy 5052
• Aluminum Alloy 6061
• Others
by Application
• Passenger Cars
• Commercial Cars
By Company
Norsk Hydro, Shanghai Huafon Aluminium Corporation, Chalco, Constellium, UACJ, Sakai aluminium Corporation, Hindalco Industries, Lotte Aluminum, Henan Mingtai Al.Industrial, Yong Jie New Material
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