Market News
Global Aluminum Laminated Film Market: Recent Developments
- In 2020, Showa Denko has launched a new aluminum-laminate film product. SPALF is a laminated composite film made up of resin films and aluminum foil that are primarily used in the packaging of pouch-type LIBs. Due to its insulation performance and plasticity, SPALF has a large global market share. Pouch-type LIBs have exceptional shaping flexibility and are used in a wide range of small devices, including smartphones and tablets. Furthermore, pouch-type LIBs have begun to be widely used in large-sized equipment, including EVs, in recent years.
- In 2020, Showa Denko has developed a new product to add to the SPALFTM aluminum laminate film lineup, which is used as packaging material for pouch-type lithium-ion batteries (LIBs), and has decided to install equipment to mass-produce the new product. This new product is designed for large-sized LIBs, which are primarily used in automobiles. The new manufacturing equipment is set to go into service.