Product Code: PM5154
The global metal Li-based battery casing market size is expected to reach USD 4,057.21 million by 2034, according to a new study by Polaris Market Research. The report "Metal Li-Based Battery Casing Market Size, Share, Trends, Industry Analysis Report: By Type (Primary and Rechargeable), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The metal Li-based battery casing market is emerging in the broader landscape of energy storage and electric vehicle (EV) technology. The metal lithium-based battery casing is gaining attention as global demand for efficient, high-energy batteries continues to rise, particularly with the accelerating shift toward sustainable transportation and renewable energy sources. Metal lithium batteries, characterized by their high energy density and lightweight properties, are particularly attractive for applications in EVs, consumer electronics, and renewable energy systems. The casing of these batteries is vital for ensuring safety, performance, and longevity.
Safety is another critical consideration driving the design and material choice for battery casings. Lithium batteries are known to pose safety risks, including thermal runaway and fire hazards, particularly when damaged or improperly handled. Metal casings provide an additional layer of protection against such incidents, minimizing risks associated with physical damage and ensuring safer operation. Manufacturers are compelled to invest in better casing technologies that enhance performance and comply with industry standards.
The consumer electronics industry is contributing to the growth of the metal lithium-based battery casing market. The need for compact, high-performance batteries has increased as devices become more powerful and portable. Laptops, smartphones, and wearable devices require batteries that deliver higher energy outputs without compromising weight. Here, metal lithium batteries, paired with their robust casings, provide the necessary performance enhancements. This trend is likely to continue as manufacturers push the boundaries of technology to create thinner, lighter, and more efficient devices.
Metal Li-Based Battery Casing Market Report Highlights
Based on type, the metal Li-based battery casing market for the rechargeable segment is expected to experience substantial growth during the forecast period due to the increasing focus on sustainability and the shift toward electric vehicles (EVs).
The primary segment dominated the market in 2024 owing to the widespread adoption of portable devices requiring compact, high-performance energy sources.
In the global market, Asia Pacific held the largest revenue share in 2024 due to the rapid growth of the consumer electronics and automotive sectors.
The metal Li-based battery casing market in North America is estimated to record a significant CAGR in the coming years owing to the increasing investments in energy storage solutions and advancements in electric vehicle technology.
A few global key market players are Constellium; Gestamp Automocion, S.A.; GF Casting Solutions; Granges; Magna International Inc.; MINTH GROUP; Nemak; UACJ Corporation; thyssenkrupp AG; Targray Technology International Inc.; Novelis; and Norsk Hydro ASA.
Polaris Market Research has segmented the metal Li-based battery casing market report based on type, application, and region:
By Type Outlook (Revenue, USD Million, 2020-2034)
By Application Outlook (Revenue, USD Million, 2020-2034)
- Automotive
- Consumer Electronics
- Industrial
- Energy Storage Solutions
By Regional Outlook (Revenue, USD Million, 2020-2034)
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Netherlands
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Malaysia
- South Korea
- Indonesia
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Metal Li-based Battery Casing Market Insights
- 4.1. Metal Li-based Battery Casing Market - Market Snapshot
- 4.2. Metal Li-based Battery Casing Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing adoption of smartphones is driving the market size.
- 4.2.1.2. Advancements in battery safety technologies coupled with growing regulatory compliance are driving the metal li-based battery casing market.
- 4.2.2. Restraints and Challenges
- 4.2.2.1. The high cost of lithium-ion batterers is limiting the adoption of metal li-based battery casing.
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Metal Li-based Battery Casing Market Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Metal Li-based Battery Casing Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 5.3. Primary
- 5.3.1. Global Metal Li-based Battery Casing Market, by Primary, by Region, 2020-2034 (USD Million)
- 5.4. Rechargeable
- 5.4.1. Global Metal Li-based Battery Casing Market, by Rechargeable, by Region, 2020-2034 (USD Million)
6. Global Metal Li-based Battery Casing Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 6.3. Automotive
- 6.3.1. Global Metal Li-based Battery Casing Market, by Automotive, by Region, 2020-2034 (USD Million)
- 6.4. Consumer Electronics
- 6.4.1. Global Metal Li-based Battery Casing Market, by Consumer Electronics, by Region, 2020-2034 (USD Million)
- 6.5. Industrial
- 6.5.1. Global Metal Li-based Battery Casing Market, by Industrial, by Region, 2020-2034 (USD Million)
- 6.6. Energy Storage Solutions
- 6.6.1. Global Metal Li-based Battery Casing Market, by Energy Storage Solutions, by Region, 2020-2034 (USD Million)
7. Global Metal Li-based Battery Casing Market, by Geography
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Metal Li-based Battery Casing Market Assessment, By Geography, 2020-2034 (USD Million)
- 7.3. Metal Li-based Battery Casing Market - North America
- 7.3.1. North America: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.3.2. North America: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.3.3. Metal Li-based Battery Casing Market - U.S.
- 7.3.3.1. U.S.: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.3.3.2. U.S.: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.3.4. Metal Li-based Battery Casing Market - Canada
- 7.3.4.1. Canada: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.3.4.2. Canada: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.4. Metal Li-based Battery Casing Market - Europe
- 7.4.1. Europe: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.4.2. Europe: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.4.3. Metal Li-based Battery Casing Market - UK
- 7.4.3.1. UK: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.4.3.2. UK: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.4.4. Metal Li-based Battery Casing Market - France
- 7.4.4.1. France: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.4.4.2. France: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.4.5. Metal Li-based Battery Casing Market - Germany
- 7.4.5.1. Germany: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.4.5.2. Germany: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.4.6. Metal Li-based Battery Casing Market - Italy
- 7.4.6.1. Italy: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.4.6.2. Italy: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.4.7. Metal Li-based Battery Casing Market - Spain
- 7.4.7.1. Spain: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.4.7.2. Spain: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.4.8. Metal Li-based Battery Casing Market - Netherlands
- 7.4.8.1. Netherlands: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.4.8.2. Netherlands: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.4.9. Metal Li-based Battery Casing Market - Russia
- 7.4.9.1. Russia: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.4.9.2. Russia: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.4.10. Metal Li-based Battery Casing Market - Rest of Europe
- 7.4.10.1. Rest of Europe: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.4.10.2. Rest of Europe: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.5. Metal Li-based Battery Casing Market - Asia Pacific
- 7.5.1. Asia Pacific: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.5.2. Asia Pacific: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.5.3. Metal Li-based Battery Casing Market - China
- 7.5.3.1. China: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.5.3.2. China: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.5.4. Metal Li-based Battery Casing Market - India
- 7.5.4.1. India: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.5.4.2. India: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.5.5. Metal Li-based Battery Casing Market - Malaysia
- 7.5.5.1. Malaysia: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.5.5.2. Malaysia: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.5.6. Metal Li-based Battery Casing Market - Japan
- 7.5.6.1. Japan: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.5.6.2. Japan: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.5.7. Metal Li-based Battery Casing Market - Indonesia
- 7.5.7.1. Indonesia: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.5.7.2. Indonesia: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.5.8. Metal Li-based Battery Casing Market - South Korea
- 7.5.8.1. South Korea: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.5.8.2. South Korea: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.5.9. Metal Li-based Battery Casing Market - Australia
- 7.5.9.1. Australia: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.5.9.2. Australia: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.5.10. Metal Li-based Battery Casing Market - Rest of Asia Pacific
- 7.5.10.1. Rest of Asia Pacific: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.5.10.2. Rest of Asia Pacific: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.6. Metal Li-based Battery Casing Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.6.2. Middle East & Africa: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.6.3. Metal Li-based Battery Casing Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.6.3.2. Saudi Arabia: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.6.4. Metal Li-based Battery Casing Market - UAE
- 7.6.4.1. UAE: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.6.4.2. UAE: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.6.5. Metal Li-based Battery Casing Market - Israel
- 7.6.5.1. Israel: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.6.5.2. Israel: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.6.6. Metal Li-based Battery Casing Market - South Africa
- 7.6.6.1. South Africa: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.6.6.2. South Africa: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.6.7. Metal Li-based Battery Casing Market - Rest of Middle East & Africa
- 7.6.7.1. Rest of Middle East & Africa: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.6.7.2. Rest of Middle East & Africa: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.7. Metal Li-based Battery Casing Market - Latin America
- 7.7.1. Latin America: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.7.2. Latin America: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.7.3. Metal Li-based Battery Casing Market - Mexico
- 7.7.3.1. Mexico: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.7.3.2. Mexico: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.7.4. Metal Li-based Battery Casing Market - Brazil
- 7.7.4.1. Brazil: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.7.4.2. Brazil: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.7.5. Metal Li-based Battery Casing Market - Argentina
- 7.7.5.1. Argentina: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.7.5.2. Argentina: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
- 7.7.6. Metal Li-based Battery Casing Market - Rest of Latin America
- 7.7.6.1. Rest of Latin America: Metal Li-based Battery Casing Market, by Type, 2020-2034 (USD Million)
- 7.7.6.2. Rest of Latin America: Metal Li-based Battery Casing Market, by Application, 2020-2034 (USD Million)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Constellium
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Gestamp Automocion, S.A
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. GF Casting Solutions
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Granges
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Magna International Inc.
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. MINTH GROUP
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Nemak
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. UACJ Corporation
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. thyssenkrupp AG
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Targray Technology International Inc.
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. Novelis
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
- 9.12. Norsk Hydro ASA
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development