Tab Leads and Tab Seal Film Market by Material (Aluminum, Copper, Nickel, Polyamide, End User (Consumer Electronics, Electric Vehicles, Military, Industrial) and Region (North America, Europe, APAC, Rest of World) - Global Forecast to 2027
Description
Tab Leads and Tab Seal Film Market by Material (Aluminum, Copper, Nickel, Polyamide, End User (Consumer Electronics, Electric Vehicles, Military, Industrial) and Region (North America, Europe, APAC, Rest of World) - Global Forecast to 2027
The market size of tab leads and tab seal film is projected to grow from USD 318 million in 2022 to USD 600 million by 2027, at a CAGR of 13.6% during the forecast period. The tab leads and tab seal film market growth is estimated to be majorly driven by growing economies of Asia Pacific region.
“Nickel segment is expected to be the second-largest raw material in the tab leads and tab seal film market, in terms of value in 2022”
Nickel is used to manufacture pouch batteries and their parts as nickel enhances the energy density of a battery. Nickel is one of the essential materials in making tab leads. Hence, the growing demand for pouch batteries in this application will drive the demand for nickel in the production of tab leads.
“Industrial segment is expected to be the second-largest end user in the tab leads and tab seal film market, in terms of value in 2022”
In the industrial segment, pouch lithium-ion batteries are used in the power, medical, and aerospace sector. These batteries are used in the energy storage system in the power sector. According to International Energy Agency, globally, 5 GW of storage capacity were added in 2020. Thus, growth in energy storage will create demand for tab leads and tab seal film market.
“Europe is expected is expected to be the second-largest region in the tab leads and tab seal film market, in terms of value in 2022”
The European governments are providing significant incentives to promote electric vehicles. Europe has set an ambitious goal of reducing 80% of CO2 emissions by 2050 and has created a roadmap for the same. Hence, with an increase in demand for electric vehicles, there will be a boost in demand for tab leads and tab seal film market.
Profile break-up of primary participants for the report:
By Company Type: Tier 1 – 65%, Tier 2 – 15%, and Tier 3 – 20%
By Designation: C-level Executives – 25%, Directors – 30%, and Managers – 45%
By Region: North America – 20%, Europe – 27%, Asia Pacific – 45%, Rest of World – 8%
Sumitomo Electric Industries (Japan), MISUZU Holding (China), SAMA (South Korea), Yujin Technology (South Korea), NEPES (South Korea), Nitto Denko Corporation (Japan) are some of the key players in the tab leads & tab seal film market. These players have adopted strategies such as joint ventures, and expansions to enhance their business revenue and market share.
Research Coverage:
The report defines, segments, and projects the tab leads and tab seal film market based on material, end user, and region. It provides detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and challenges. It strategically profiles, Tab leads and tab seal film manufacturers and comprehensively analyzes their market shares and core competencies as well as tracks and analyzes competitive developments, such as expansions, acquisitions, and product launches, undertaken by them in the market.
Reasons to Buy the Report:
The report is expected to help the market leaders/new entrants in the market by providing them the closest approximations of revenue numbers of the tab leads and tab seal film market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses, and make suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.
The market size of tab leads and tab seal film is projected to grow from USD 318 million in 2022 to USD 600 million by 2027, at a CAGR of 13.6% during the forecast period. The tab leads and tab seal film market growth is estimated to be majorly driven by growing economies of Asia Pacific region.
“Nickel segment is expected to be the second-largest raw material in the tab leads and tab seal film market, in terms of value in 2022”
Nickel is used to manufacture pouch batteries and their parts as nickel enhances the energy density of a battery. Nickel is one of the essential materials in making tab leads. Hence, the growing demand for pouch batteries in this application will drive the demand for nickel in the production of tab leads.
“Industrial segment is expected to be the second-largest end user in the tab leads and tab seal film market, in terms of value in 2022”
In the industrial segment, pouch lithium-ion batteries are used in the power, medical, and aerospace sector. These batteries are used in the energy storage system in the power sector. According to International Energy Agency, globally, 5 GW of storage capacity were added in 2020. Thus, growth in energy storage will create demand for tab leads and tab seal film market.
“Europe is expected is expected to be the second-largest region in the tab leads and tab seal film market, in terms of value in 2022”
The European governments are providing significant incentives to promote electric vehicles. Europe has set an ambitious goal of reducing 80% of CO2 emissions by 2050 and has created a roadmap for the same. Hence, with an increase in demand for electric vehicles, there will be a boost in demand for tab leads and tab seal film market.
Profile break-up of primary participants for the report:
By Company Type: Tier 1 – 65%, Tier 2 – 15%, and Tier 3 – 20%
By Designation: C-level Executives – 25%, Directors – 30%, and Managers – 45%
By Region: North America – 20%, Europe – 27%, Asia Pacific – 45%, Rest of World – 8%
Sumitomo Electric Industries (Japan), MISUZU Holding (China), SAMA (South Korea), Yujin Technology (South Korea), NEPES (South Korea), Nitto Denko Corporation (Japan) are some of the key players in the tab leads & tab seal film market. These players have adopted strategies such as joint ventures, and expansions to enhance their business revenue and market share.
Research Coverage:
The report defines, segments, and projects the tab leads and tab seal film market based on material, end user, and region. It provides detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and challenges. It strategically profiles, Tab leads and tab seal film manufacturers and comprehensively analyzes their market shares and core competencies as well as tracks and analyzes competitive developments, such as expansions, acquisitions, and product launches, undertaken by them in the market.
Reasons to Buy the Report:
The report is expected to help the market leaders/new entrants in the market by providing them the closest approximations of revenue numbers of the tab leads and tab seal film market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses, and make suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
143 Pages
- STUDY OBJECTIVES
- MARKET DEFINITION
- MARKET SCOPE
- INCLUSIONS & EXCLUSIONS
- CURRENCY
- RESEARCH LIMITATIONS
- STAKEHOLDERS
- RESEARCH DATA
- MATRIX CONSIDERED FOR DEMAND-SIDE
- MARKET SIZE ESTIMATION
- GROWTH RATE ASSUMPTIONS/GROWTH FORECAST
- DATA TRIANGULATION
- TAB LEADS AND TAB SEAL FILM MARKET
- ATTRACTIVE OPPORTUNITIES IN TAB LEADS AND TAB SEAL FILM MARKET
- TAB LEADS AND TAB SEAL FILM MARKET, BY REGION
- TAB LEADS AND TAB SEAL FILM MARKET, BY MATERIAL
- TAB LEADS AND TAB SEAL FILM MARKET, BY END USER
- INTRODUCTION
- PORTER'S FIVE FORCES ANALYSIS
- VALUE CHAIN
- ECOSYSTEM/MARKET MAP
- REGULATORY LANDSCAPE
- PATENT ANALYSIS
- TRADE DATA
- INTRODUCTION
- TAB LEADS BY MATERIAL
- TAB SEAL FILM BY MATERIAL
- OTHERS
- INTRODUCTION
- CONSUMER ELECTRONICS
- MILITARY
- ELECTRIC VEHICLES
- INDUSTRIAL
- OTHERS
- INTRODUCTION
- NORTH AMERICA
- ASIA PACIFIC
- EUROPE
- REST OF WORLD
- INTRODUCTION
- RANKING OF LEADING PLAYERS, 2022
- COMPANY PRODUCT FOOTPRINT ANALYSIS
- COMPANY EVALUATION QUADRANT
- SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION QUADRANT, 2022
- COMPETITIVE SCENARIO
- INTRODUCTION
- KEY PLAYERS
- OTHER PLAYERS
- DISCUSSION GUIDE
- KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
- AVAILABLE CUSTOMIZATIONS
- RELATED REPORTS
- AUTHOR DETAILS.
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