Poland Metal Li-based Battery Casing Market Size & Outlook
Poland metal li-based battery casing market, 2018-2030 (US$M)
Related Markets
Poland metal li-based battery casing market highlights
- The Poland metal li-based battery casing market generated a revenue of USD 148.3 million in 2023 and is expected to reach USD 708.8 million by 2030.
- The Poland market is expected to grow at a CAGR of 25% from 2024 to 2030.
- In terms of segment, rechargeable was the largest revenue generating type in 2023.
- Rechargeable is the most lucrative type segment registering the fastest growth during the forecast period.
Metal li-based battery casing market data book summary
| Market revenue in 2023 | USD 148.3 million |
| Market revenue in 2030 | USD 708.8 million |
| Growth rate | 25% (CAGR from 2023 to 2030) |
| Largest segment | Rechargeable |
| Fastest growing segment | Rechargeable |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Primary, Rechargeable |
| Key market players worldwide | Constellium SE Class A, Gestamp Automocion, GF Casting Solutions, Granges AB, Magna International Inc, MINTH Group, NeMaK, Norsk Hydro ASA, Novelis UK, Targray, Thyssenkrupp AG, UACJ |
Other key industry trends
- In terms of revenue, Poland accounted for 3.3% of the global metal li-based battery casing market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany metal li-based battery casing market is projected to lead the regional market in terms of revenue in 2030.
- Poland is the fastest growing regional market in Europe and is projected to reach USD 708.8 million by 2030.
Rechargeable was the largest segment with a revenue share of 89.48% in 2023. Horizon Databook has segmented the Poland metal li-based battery casing market based on primary, rechargeable covering the revenue growth of each sub-segment from 2018 to 2030.
Poland's automotive sector is one of the largest in Central and Eastern Europe, contributing significantly to the nation's economy. Despite facing broader economic challenges in 2023, such as rising inflation and a GDP growth forecast of 0.5%, the sector has been resilient.
By 2024, the GDP growth rate is expected to improve to 2.7%. Poland has emerged as a regional hub for automotive production, especially EVs and battery manufacturing. Companies like LG Energy Solution have invested heavily in battery production facilities in Poland.
Positioning the country as a strategic player in the European EV supply chain. The expansion of these facilities has spurred demand for metal lithium-based battery casings, essential for manufacturing EV batteries.
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Metal Li-based Battery Casing Market Scope
Metal Li-based Battery Casing Market Companies
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Poland metal li-based battery casing market size, by type, 2018-2030 (US$M)
Poland Metal Li-based Battery Casing Market Outlook Share, 2023 & 2030 (US$M)
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