Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Aluminum laminated film is an aluminum foil or resin film composite material, which offers higher flexibility in molding, better heat dissipation, and it is light weight compared to metallic cans. These aluminum laminated film is widely used as packaging material for lithium-ion batteries. Lithium ion batteries are categorized into cylindrical cell, button cell, prismatic cell, and pouch cell according to their shape and packaging. Aluminum laminated film is used for packaging of the pouch cells. The aluminum laminated film consists of a nylon layer, an aluminum layer, and a sealing layer in order from outside to inside. The nylon layer is used to form an aesthetically pleasing shape and to prevent oxygen & moisture from entering inside the battery. The main function of aluminum foil is to further prevent entry of oxygen and moisture in the air, and also serve as a skeleton for supporting outer shape of aluminum laminated film. The sealing layer offer heat sealing adhesion between two layers of aluminum laminated film, while protecting the aluminum layer from corrosive action of electrolyte.

The global aluminum laminated film market is estimated to reach US$ 88.7 million by the end of 2027, exhibiting a CAGR of 15.0% over the forecast period, owing to increasing demand for e-scooter from micro-mobility companies. Aluminum laminated film is used for packaging of lithium-ion batteries, which finds application in consumer electronics, e-bikes & e-scooters, power tools, and electric vehicle batteries.

With increasing demand for various micromobility channel for short-distance travel, micro-mobility companies have started providing various micro mode of transportations such as e-bikes and e-scooters. These vehicles provide the convenience of pickup and drop-off anywhere, and are cost-efficient. There has been significant growth in the adoption of these micro-mobility mode of transportation in the recent years. Various e-scooter mobility startups have emerged in developed countries such as the U.S. and Germany in the recent years. For instance, in September 2017, Bird Rides Inc., an e-scooter micromobility company, was established in the U.S. In a period of two years, the company expanded its shared electric scooters business in over 100 cities in the U.S., Europe, and the Middle East. Moreover, the company completed 10 million rides in its first year of operation. The aforementioned factors are expected to drive demand for e-scooters from micromobility companies, thereby driving the market growth.

However, swelling or bulging occurs in pouch lithium-ion batteries, in which laminated aluminum foil is used. Swelling is a result of gas generation during charging and discharging. The pressure from swelling can crack a battery cover, and in some cases break the display and electronic circuit board. These factors are expected to hamper demand pouch lithium-ion batteries, which can further hamper market growth of aluminum laminated film over the forecast period. Moreover, to prevent swelling, battery manufacturers add excess film to create a gas bag outside the cell. During the first charge, gases escape into gasbag, which is then cut off, and the pack is resealed as part of the finishing process. 

The global aluminum laminated film market was valued at US$ 28.9 million in 2019 and is expected to exhibit a CAGR of 15.0%, in terms of revenue over the forecast period (2020-2027).

Figure 1. Global Aluminum Laminated Film Market Share (%) in terms of Value, By Region, in 2019

Aluminum Laminated Film  | Coherent Market Insights

Among regions, Asia Pacific accounted for the largest market share in 2019, owing to increasing demand for consumer electronics products across the region. For instance, according to the India Brand Equity Foundation, the India consumer electronics market was valued at US$ 10.93 billion in 2019 and is expected to reach US$ 21.18 billion by 2025.

Moreover, prominent players operating in the aluminum laminated film are focused on adopting strategies such as product development to strengthen their position in the global market. For instance, in 2015, Showa Denko K.K. developed its new aluminum laminated films with electro conductivity, which can be used for packaging of lithium ion batteries and a new technology to apply these laminates to ultra-thin lithium ion batteries. The company gave electro conductivity to aluminum laminated films by surfacing one side of them with cathode or anode metal layer. The new laminates eliminates the necessity to deposit tab-leads on cathode and anode, which results in downsizing and weight reduction of lithium ion batteries.   

Figure 2. Global Aluminum Laminated Film Market – Opportunity Analysis

Aluminum Laminated Film  | Coherent Market Insights

Major players operating in the global aluminum laminated film market include Showa Denko K.K., Avocet Steel Strip Ltd., T&T Enertechno Co., Ltd., Daoming Optics and Chemical Co., Ltd., Nanografi Co. Inc., AME Energy Company, Dai Nippon Printing Co., Ltd., Selen Science & Technology Co., Ltd., Targray Technology International, and Gelon LIB Group

Aluminum laminated film is an aluminum foil or resin film composite material, which offers higher flexibility in molding, better heat dissipation, and it is light weight compared to metallic cans. These aluminum laminated film is widely used as packaging material for lithium-ion batteries, which finds application in consumer electronics, e-bikes & e-scooters, power tools, and electric vehicle batteries.

Market Dynamics

The global aluminum laminated film market growth is expected to be driven by increasing demand for energy storage systems from power generation sector. Energy storage system uses a group of batteries such as lithium ion batteries to store electrical energy. Players operating in energy storage systems are focusing on new product launches, which is expected to drive demand for aluminum laminated film. For instance, in July 2019, Tesla, Inc., launched its new utility-scale energy storage system “Megapack”, an alternative to natural gas power plants.

Prominent players operating in the aluminum laminated film are focused on adopting strategies such as product development to strengthen their position in the global market. For instance, in 2015, Showa Denko K.K. developed its new aluminum laminated films with electro conductivity, which can be used for packaging of lithium ion batteries and a new technology to apply these laminates to ultra-thin lithium ion batteries. The company gave electro conductivity to aluminum laminated films by surfacing one side of them with cathode or anode metal layer. The new laminates eliminates the necessity to deposit tab-leads on cathode and anode which results in downsizing and weight reduction of lithium ion batteries.  

Key features of the study:

  • This report provides in-depth analysis of the global aluminum laminated film market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global aluminum laminated film market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Showa Denko K.K., Avocet Steel Strip Ltd., T&T Enertechno Co., Ltd., Daoming Optics and Chemical Co., Ltd., Nanografi Co. Inc., AME Energy Company, Dai Nippon Printing Co., Ltd., Selen Science & Technology Co., Ltd., Targray Technology International, and Gelon LIB Group
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
  • The global aluminum laminated film market report caters to various stakeholders in this industry including investors, suppliers, aluminum laminated film manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the aluminum laminated film market

Detailed Segmentation:

  • Global Aluminum Laminated Film Market, By Process Type:
    • Thermal Process
    • Dry Process
  • Global Aluminum Laminated Film Market, By Application:
    • Lithium-ion Battery
    • Others
  • Global Aluminum Laminated Film Market, By Region:
    • North America
      • U.S.
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
      • Canada
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
    • Europe
      • U.K.
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
      • Germany
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
      • France
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
      • Italy
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
      • Spain
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
      • Russia
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
      • Rest of Europe
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
    • Asia Pacific
      • China
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
      • India
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
      • Japan
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
      • ASEAN
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
      • Australia
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
      • South Korea
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
      • Rest of Asia Pacific
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
    • Latin America
      • Brazil
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
      • Mexico
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
      • Rest of Latin America
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
    • Middle East
      • GCC
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
      • Israel
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
      • Rest of Middle East
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
    • Africa
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
      • Central Africa
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
      • South Africa
        • By Process Type:
          • Thermal Process
          • Dry Process
        • By Application:
          • Lithium-ion Battery
          • Others
  • Company Profiles
    • Showa Denko K.K.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Avocet Steel Strip Ltd.
    • T&T Enertechno Co., Ltd.
    • Daoming Optics and Chemical Co., Ltd.
    • Nanografi Co. Inc.
    • AME Energy Company
    • Dai Nippon Printing Co., Ltd.
    • Selen Science & Technology Co., Ltd.
    • Targray Technology International
    • Gelon LIB Group

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Process Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Aluminum Laminated Film Market, By Process Type, 2017- 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027
      • Y-o-Y Growth Analysis, 2020 – 2027 (%)
      • Segment Trends
    • Thermal Process
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Dry Process
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
  5. Global Aluminum Laminated Film Market, By Application, 2017 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027
      • Y-o-Y Growth Analysis, 2020 – 2027 (%)
      • Segment Trends
    • Lithium-ion Battery
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
  6. Global Aluminum Laminated Film Market, By Region, 2017- 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027
      • Y-o-Y Growth Analysis, By Region, 2020 – 2027 (%)
    • North America
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • France
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • China
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • India
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
    • Middle East
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • GCC
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Israel
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
    • Africa
      • Market Share Analysis, By Sub-region, 2017 and 2027
      • Y-o-Y Growth Analysis, By Sub-region, 2020 – 2027 (%)
        • North Africa
          • Sub-region Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • Central Africa
          • Sub-region Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
        • South Africa
          • Sub-region Trends
          • Market Size and Forecast, By Process Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million)
  7. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Showa Denko K.K.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Avocet Steel Strip Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • T&T Enertechno Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Daoming Optics and Chemical Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Nanografi Co. Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • AME Energy Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Dai Nippon Printing Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Selen Science & Technology Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Targray Technology International
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Gelon LIB Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 55 market data tables* and 40 figures* on 'Aluminum Laminated Film Market' - Global forecast to 2027

Frequently Asked Questions

The market for aluminum laminated film is estimated to surpass 88.7 million by 2027, exhibiting a CAGR of 15.0% between 2020 and 2027.
Increasing demand of lithium-ion batteries for various electrical application is expected to bolster the market growth of aluminum laminated film in the long-term forecast.
The aluminum laminated film market is expected to exhibit a CAGR of 15.0% during the forecast period (2020-2027).
Major players operating in the global aluminum laminated film market include Showa Denko K.K., Avocet Steel Strip Ltd., T&T Enertechno Co., Ltd., Daoming Optics and Chemical Co., Ltd., Nanografi Co. Inc., AME Energy Company, Dai Nippon Printing Co., Ltd., Selen Science & Technology Co., Ltd., Targray Technology International, and Gelon LIB Group
Asia Pacific is the dominating region in aluminum laminated film market. This is attributed to increasing demand for electrical appliances in the region, owing to changing lifestyle patterns and increasing disposable income of the population.
Swelling or bulging occurs in pouch lithium-ion batteries, in which laminated aluminum foil is used. The pressure from swelling can crack a battery cover, and in some cases break the display and electronic circuit board. These factors are expected to hamper demand pouch lithium-ion batteries, which can further hamper market growth of aluminum laminated film over the forecast period.
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