Metal Li-Based Battery Casing Market Size Worth USD 4,057.21 Million by 2034 | CAGR: 18.0%

Metal Li-Based Battery Casing Market Size Worth USD 4,057.21 Million by 2034 | CAGR: 18.0%


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.

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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 Automoción, S.A.; GF Casting Solutions; Gränges; 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)

  • Primary
  • Rechargeable

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

Metal Li-based Battery Casing Report Scope

Report Attributes

Details

Market Size Value in 2024

USD  780.14 million

Market Size Value in 2025

USD  917.53 million

Revenue Forecast by 2034

USD  4,057.21 million

CAGR

18.0% from 2025 to 2034

Base Year

2024

Historical Data

2020–2023

Forecast Period

2025–2034

Quantitative Units

Revenue in USD million and CAGR from 2025 to 2034

Report Coverage

Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends

Segments Covered

  • By Type
  • By Application

Regional Scope

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Competitive Landscape

  • Metal Li-based Battery Casing Industry Trends Analysis (2024)
  • Company Profiles/Industry participants profiling includes company overview, financial information, product/service benchmarking, and recent developments

Report Format

  • PDF + Excel

Customization

Report customization as per your requirements with respect to countries, regions, and segmentation.

For Specific Research Requirements

Request for Customized Report