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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Aluminium foil used to create battery workpieces is known as battery foil, whereas aluminium foil used to create different electrical appliance parts is known as electrical foil.
Both types of aluminium foil are referred to as electronic foils. One category of high-tech goods is battery foil, which has a few years to develop at a compound annual growth rate of over 15%.
The Global EV battery Aluminium foil market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
A manufacturing facility in Elizabethtown, Kentucky will be built by LOTTE Chemical and LOTTE Aluminium to make 36,000 tons of cathode foil, a type of ultra-thin aluminium foil that is a key component of EV batteries. One of the four main elements of lithium-ion batteries is cathode foil.
In addition to providing support for the cathode active material, which controls the secondary battery's capacity and voltage, it also acts as an electron conduit. The demand for the substance is expected to rise by an average of 32%, according to company executives.
One of the biggest conglomerates in South Korea, the LOTTE Group, which has more than 90 business divisions and employs more than 80,000 people, includes the subsidiaries LOTTE Aluminium and LOTTE Chemical.
A Swedish aluminium manufacturer named Gränges planned to invest in the Newport location to put in finishing and clean room machinery that will enable business deliveries of foil used in the field of electric vehicles.
By "drawing on the group's global production footprint and capabilities, sustainable solutions, strong aluminium alloy and process know-how," the metals manufacturer claims it will focus on the battery cathode foil market.
In addition to the battery foil investments already under way in Gränges' production facilities in Europe and Asia, the company will support the EV transition in all areas.
Tianshan Aluminumâs battery aluminium foil technical transformation project was officially put into production.
The 20,000-ton technological transformation project for battery aluminium foil that Tianshan Aluminium invested in and built in Jiangyin recently went into production as planned, highlighting the company's significant nodal accomplishments in the extended layout of the new energy battery foil industry chain.
It finished converting and installing three foil rolling mills, as well as upgrading the aluminium foil production line of the former Jiangyin Xinren Aluminium Industry. The production line reached the stage of commissioning with materials in the first quarter of this year.
The performance indicators of the battery foil product rolls attained the highest level in the industry during this time thanks to the company's technical team's and equipment parties' collaborative efforts in overcoming several technical challenges.
The successful completion of this technological transformation project has also resulted in extensive installation, commissioning, and production expertise for the company's upcoming 200,000-ton new project, which will aid in the acceleration of subsequent related production lines.
Currently, 8 foil rolling mills are being installed in the new project, 3 of which have entered the post-installation stage and will soon begin material commissioning. The new project is expected to complete the installation of 16 foil rolling mills.
The business uses integrated, specially designed equipment from both domestic and foreign sources. In order to guarantee the advanced level of goods in terms of plate shape, thickness difference, and surface tension, the core testing and major control links are outfitted with industry-leading technology from Honeywell and Siemens while also ensuring the quick progress of the project.
In order to continually expand its skill pool, the corporation has built a collaborative research and development system with pertinent universities and research organisations. The Jiangyin battery aluminium foil team has so far sent out roughly 40 major operators, in addition to more than 30 middle and senior technicians.
The promotion of product research and development as well as technological advancements has resulted in the company having favourable fundamental conditions for the manufacturing of battery foil in terms of both soft and hard power.
The company will accelerate the certification work for downstream customers once this technical transformation project has been formally launched. Additionally, the company has made contact with the major power battery and energy storage battery manufacturers in the market to encourage organised product trials and factory audits.
The firm is confident in its ability to progressively develop into an industry-leading supplier of large-scale battery aluminium foil by relying on the synergy benefits of upstream and downstream integration, customised professional production equipment, and an experienced technical team.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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