ALUMINUM LAMINATED FILM MARKET ANALYSIS

Market Challenges And Opportunities

Global Aluminum Laminated Film Market: Market Restraints

High Cost of Raw Material  

The unstable raw material prices are also expected to impede the growth of the aluminum foil market during the target period. However, a lack of proper recycling processes may pose additional challenges to the growth of the aluminum film market in the near future.

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 for pouch lithium-ion batteries, which can further hamper the 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 the gasbag, which is then cut off, and the pack is resealed as part of the finishing process.

Restraints

• High Cost of Raw Material

Market Drivers