The Market Reports

Synopsis

 The global market for Lithium Battery Nickel Plated Steel Strips was estimated to be worth US$ 392 million in 2024 and is forecast to a readjusted size of US$ 1933 million by 2031 with a CAGR of 24.2% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Lithium Battery Nickel Plated Steel Strips cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Nickel plating is a metal finishing process in which a thin layer of nickel is applied over steel sheet. Nickel plated steel strips are designed to make further processing more efficient and cost-effective. Cold rolling, electroplating with nickel and diffusion annealing provide excellent deep drawing capability and corrosion resistance. Nickel plated steel strips is widely used in battery field. In recent years, the fast development of cylindrical battery industry, especially cylindrical lithium battery used in EVs, stimulating the demand of nickel plated steel strips.

Fast Increasing Demand: As battery manufacturers are expanding their capacity largely, especially the cylinder lithium battery for EVs, while nickel plated strips are the important raw materials of cylinder lithium battery cans, demand of nickel plated strips will increase fast in the coming years.

More Capacity Released: Supported by promising demand for cylindrical lithium batteries, nickel plated strip manufacturers are actively expanding production capacity, particularly in China, where they are expected to capture a larger market share.

Intensified Competition: Competition between existed manufacturers and new entrants will be intensified in the coming years.

This report aims to provide a comprehensive presentation of the global market for Lithium Battery Nickel Plated Steel Strips, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Lithium Battery Nickel Plated Steel Strips by region & country, by Type, and by Application.

The Lithium Battery Nickel Plated Steel Strips market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lithium Battery Nickel Plated Steel Strips.

Market Segmentation
By Company

• Toyo Kohan
• Nippon Steel
• Tata Steel
• TCC Steel
• Zhongshan Sanmei
• EAST-NINESKY
• Nonfemet
• Yongsheng New Material
• Changde Liyuan New Materials

Segment by Type

• Nickel Pre-Plating
• Nickel Post-Plating

Segment by Application

• Lithium Battery Cans
• Lithium Battery Covers
• Lithium Battery Connector Strips

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.