Battery Packaging Market

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Battery Packaging Market To Reach USD 53.04
Billion By 2026
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Market Size USD 20.63 Billion in 2018, Market
Growth - CAGR of 12.4, Market Trends
Advancement in battery packaging structures.
Market Summary
The global battery packaging market is forecast
to reach USD 53.04 Billion by 2026, according to
a new report by Reports and Data. Battery
Packaging includes a variety of products, such as
plastics, metals, and cardboards, among various
other products.

• Further key findings from the report suggest
• Lithium-Ion held the largest market share of
  57.9 in the year 2018. Due to higher efficiency
  and higher energy density in a compact size,
  lithium-ion batteries are favorable choices for
  various end-users such as automotive, energy
  storage, and consumer electronics industries.
• Leading battery manufacturers have shown interest
  in investing in new regions. For instance,
  Samsung SDI completed the construction of its new
  lithium-ion battery plant in Hungary. This will
  increase the demand for cell pack packaging.
  Similar investments are being undertaken by other
  battery manufacturers such as Tesla, SK
  Innovation, and LG.

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Market Summary
Key Players
Nefab Group, United Parcel Service Inc., DHL,
Zarges Group, Heitkamp Thumann Group, FedEx,
Rogers Corporation, DS Smith, Smurfit Kappa, and
Umicore, among others.
Segmentation
Type Of Battery Outlook (Volume, Kilo Tons
Revenue, USD Billion 2016-2026) Lithium-Ion Lead-
Acid Material Outlook (Volume, Kilo Tons
Revenue, USD Billion 2016-2026) Metals Plastics C
ardboards Type Of Packaging Outlook (Volume,
Kilo Tons Revenue, USD Billion
2016-2026) Corrugated Blister Others
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Market Summary
Regional Outlook for Animal Health Market
analyses the following geographies North
America (United States, Canada, and
Mexico) Europe (Germany, France, UK, Russia, and
Italy) Asia-Pacific (China, Japan, Korea, India,
and Southeast Asia) South America (Brazil,
Argentina, Colombia, etc.) Middle East and
Africa (Saudi Arabia, UAE, Egypt, Nigeria, and
South Africa)
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The report emphasizes the following key
questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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