Global Battery Packaging Market: Awareness in safely packing the batteries and a
Posted by rohan on November 5th, 2019
Battery Packaging Market Recent developments:
A research was conducted recently for the innovative modeling approach for Li-ion Battery packs considering intrinsic cell unbalances & packaging agents. Cells are connected in series and parallel, and packaging elements, such as busbars are composed in a battery pack.
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Battery Packaging Market Overview:
In 2018, the Global Battery Packaging Market was .649 billion. It is estimated to be around .78 billion in 2023 with a current CAGR of 12.45%.
Report segmented as:
One of the leading manufacturers of battery packing material is Rogers Corporation (USA). In eliminating leaks during temperature cycling of an automotive battery power pack, BISCO HT-800 has proved to be a more effective solution than the EPDM material. It is structured out of silicone with a compact cellular structure for perfect sealing vibration reduction.
The battery packs for safe storage & transport of batteries without defect is manufactured by Zarges Group (Germany). One such product is K 470 battery box. It is a high – quality container made of aluminum & is used as Lithium batteries storage.
Among all these, the fastest growing market in the Asia Pacific region. It is growing at a high pace due to the availability of raw materials, cheap labor, a large number of battery manufacturers such as Panasonic, Samsung, GS Yuasa, Exide, and LG & area for industrial setup.
Key Market Players:
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The Scope of the Report:
The report offers detail insights about the Battery Packaging Market, its growth, its future estimation, usage and the materials used in the making of it. Information about the key geographical segments and key market players is also present in the world.
Further, the performance of the market at the regional and country-level is assessed, and the prospects with high growth potential are identified and debated. Mergers and collaborations of the market players are provided in the company along with the overview of the competitive and internal works of the company. It allows the investors to get an idea of their investments with the expectation of good returns.
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About the Authorrohan
Joined: September 20th, 2017
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