Top 25 Companies in Nickel Plated Steel Strips for Battery Market in the World in 2025: Market Research Report (2024–2035).
RELEASE DATE: Oct 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Nickel Plated Steel Strips for Battery Market Size is projected To Grow from USD 1.2 Billion in 2024 to USD 3.12 Billion by 2035, at a CAGR of 9.07 % during the forecast period 2025–2035. Future opportunities in the Nickel Plated Steel Strips for Battery market include rising EV adoption, demand for high-capacity batteries, advanced energy storage solutions, lightweight designs, renewable energy integration, and expanding consumer electronics applications.
Introduction
The Nickel Plated Steel Strips for Battery Market Size is witnessing significant growth driven by the rapid expansion of electric vehicles (EVs), energy storage systems, and consumer electronics. Nickel-plated steel strips offer excellent corrosion resistance, electrical conductivity, and mechanical strength, making them ideal for battery applications such as lithium-ion and nickel-metal hydride cells. Increasing demand for high-capacity, long-life batteries in EVs, renewable energy storage, and portable devices is fueling market adoption. Technological advancements in plating processes, lightweight battery components, and enhanced performance characteristics are further driving growth. The market presents substantial opportunities for innovation, investment, and long-term expansion across multiple battery-dependent industries.
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Nickel Plated Steel Strips for Battery Market Size & Statistics
- The Market Size for Nickel Plated Steel Strips for Battery Was Estimated to be Worth USD 1.2 Billion in 2024.
- The Market Size is Going to Expand at a CAGR of 9.07 % Between 2025 and 2035.
- The Global Nickel Plated Steel Strips for Battery Market Size is Anticipated to Reach USD 3.12 Billion by 2035.
- Asia Pacific is expected to generate the highest demand during the forecast period in The Nickel Plated Steel Strips for Battery Market.
- North America is expected to grow the fastest during the forecast period in The Nickel Plated Steel Strips for Battery Market.
Regional growth and demand
North America is expected to grow the fastest during the forecast period in the Nickel Plated Steel Strips for Battery market. North America is expected to grow fastest due to strong investments in electric vehicle production, advanced battery manufacturing technologies, government incentives for clean energy, increasing adoption of EVs, and the presence of leading battery and automotive manufacturers driving demand.
Asia Pacific is expected to generate the highest demand during the forecast period in the Nickel Plated Steel Strips for Battery market. This growth is primarily driven by rapid industrialization, urbanization, and the expansion of electric vehicle (EV) and consumer electronics manufacturing in countries such as China, Japan, India, and South Korea. These nations are major hubs for battery production, with a significant increase in electric vehicle (EV) production and a robust supply chain supporting the demand for nickel-plated steel strips.
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Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the Nickel Plated Steel Strips for Battery market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 5 Trends in Nickel Plated Steel Strips for Battery Market
1. Growing Adoption in Electric Vehicles (EVs)
The rapid expansion of the EV market is driving strong demand for nickel-plated steel strips, which are essential for lithium-ion battery electrodes and connectors. Automotive manufacturers are prioritizing lightweight, durable, and highly conductive materials to improve battery efficiency, lifespan, and safety. As EV production scales up globally, especially in North America, Europe, and Asia Pacific, nickel-plated steel strips are increasingly preferred for their corrosion resistance, mechanical strength, and excellent electrical conductivity. The trend is further reinforced by government incentives for EV adoption and stricter regulations on emissions and energy efficiency.
2. Advancements in Battery Technologies
Innovation in battery chemistries and design, including high-capacity lithium-ion, solid-state, and nickel-rich batteries, is boosting the demand for high-quality nickel-plated steel strips. These strips provide stability, corrosion resistance, and efficient current conduction for next-generation energy storage solutions. Manufacturers are developing strips with precise coating thickness, uniform nickel plating, and improved adhesion to enhance performance in compact and high-energy-density battery packs. As consumer electronics, EVs, and renewable energy storage systems require advanced batteries, the adoption of specialized nickel-plated steel strips is expected to rise, supporting improved energy efficiency and longer battery life.
3. Focus on Lightweighting and Efficiency
Nickel-plated steel strips are increasingly used in batteries to reduce weight while maintaining strength and conductivity. Lightweighting is a key priority in EVs, portable electronics, and renewable energy storage, as it directly impacts energy efficiency, range, and performance. Manufacturers are optimizing strip thickness, coating processes, and alloy compositions to achieve higher performance with minimal material usage. This trend is further driven by global sustainability goals and the push for energy-efficient devices. Lightweight, durable nickel-plated steel strips enable manufacturers to design compact, high-performance batteries while reducing production costs and improving overall device reliability.
4. Expansion in Renewable Energy Storage Applications
The growth of solar, wind, and other renewable energy projects is fueling demand for battery storage systems, which require nickel-plated steel strips for electrodes and connectors. These strips provide mechanical stability, corrosion resistance, and high conductivity for long-lasting energy storage. Grid-scale and residential energy storage solutions are increasingly adopting lithium-ion and nickel-rich battery technologies, creating opportunities for high-quality nickel-plated steel suppliers. As governments and industries focus on sustainable energy solutions, the trend of integrating nickel-plated steel strips into renewable energy storage applications is expected to expand rapidly, supporting reliable and efficient energy storage infrastructure.
5. Automation and Advanced Manufacturing Techniques
Automated production lines, precision coating, and high-speed stamping technologies are transforming the manufacturing of nickel-plated steel strips. These advancements ensure consistent quality, uniform nickel layers, and improved mechanical properties, meeting the high standards of EV battery packs and electronics. Smart manufacturing and Industry 4.0 integration allow real-time monitoring, process optimization, and reduced defects, increasing production efficiency and reducing costs. As demand for high-performance battery components grows, manufacturers are investing in automated processes to scale production while maintaining reliability. This trend highlights the convergence of advanced manufacturing, material science, and electronics innovation in the nickel-plated steel strip market.
Top 10 Companies Leading the Nickel Plated Steel Strips for Battery Market
- Toyo Kohan
- NIPPON STEEL
- Tata Steel
- TCC Steel
- Datum Alloys
- Zhongshan Sanmei
- Jiangsu Jiutian
- Nonfemet
- Yongsheng New Material
- Changde Liyuan New Materials
1. Toyo Kohan
Headquarters: Osaka, Japan
Toyo Kohan specializes in high-quality metal plating and finishing solutions, including nickel-plated steel products. The company focuses on producing materials for battery, electronics, and industrial applications. Leveraging advanced electroplating and surface treatment technologies, Toyo Kohan ensures corrosion resistance, uniform thickness, and superior conductivity in its steel strips. Its continuous R&D investments enable innovation in high-performance materials for lithium-ion and next-generation batteries. With strong manufacturing capabilities and quality control, the company serves global markets, meeting stringent standards for energy storage, automotive, and industrial applications, making it a trusted partner in battery materials supply.
2. NIPPON STEEL
Headquarters: Tokyo, Japan
NIPPON STEEL is one of the world’s leading steel producers, offering advanced metal products including nickel-plated steel strips for battery applications. Its expertise spans high-strength steel, coated metals, and innovative alloys used in energy storage, automotive, and electronics industries. The company emphasizes sustainable production practices, advanced R&D, and process optimization to deliver high-quality, corrosion-resistant materials. Its nickel-plated steel products provide excellent conductivity, surface uniformity, and durability for lithium-ion batteries. With a global presence and robust supply chain, NIPPON STEEL caters to evolving energy storage demands while supporting lightweighting, efficiency, and performance improvements across diverse industrial sectors.
3. Tata Steel
Headquarters: Mumbai, India
Tata Steel, a leading global steel manufacturer, produces nickel-plated steel strips tailored for battery and industrial applications. The company focuses on delivering high-quality, durable, and corrosion-resistant materials for lithium-ion batteries, automotive, and energy storage sectors. Tata Steel invests heavily in R&D and advanced metallurgical technologies to optimize surface plating, thickness uniformity, and conductivity. Its integrated manufacturing facilities ensure precision, scalability, and adherence to international quality standards. Tata Steel’s commitment to innovation, sustainability, and customer collaboration allows it to provide high-performance nickel-plated solutions for emerging battery technologies, supporting the growth of electric mobility and renewable energy applications globally.
4. TCC Steel
Headquarters: Shanghai, China
TCC Steel is a prominent manufacturer of specialty coated and plated steel products, including nickel-plated steel strips for batteries. The company focuses on delivering materials that offer superior conductivity, corrosion resistance, and consistent surface quality. Serving industries such as automotive, electronics, and energy storage, TCC Steel leverages advanced electroplating and metallurgical processes to meet stringent performance and safety standards. Its continuous investments in technology and process optimization enable scalable, cost-effective solutions for lithium-ion and next-generation battery applications. With a growing global footprint, TCC Steel supports manufacturers in achieving high-efficiency energy storage solutions and durable, reliable battery performance.
5. Datum Alloys
Headquarters: Gujarat, India
Datum Alloys specializes in high-performance nickel alloys and nickel-plated steel strips for battery applications. The company focuses on producing materials with excellent corrosion resistance, conductivity, and mechanical stability for lithium-ion and other advanced battery technologies. Datum Alloys emphasizes precision engineering, surface treatment innovation, and stringent quality control to deliver consistent, reliable products. Its offerings cater to automotive, electronics, energy storage, and industrial sectors. By investing in research, advanced plating techniques, and sustainable manufacturing practices, Datum Alloys provides scalable solutions to meet the rising global demand for high-performance nickel-plated steel, supporting the growth of next-generation energy storage technologies.
Are you ready to discover more about the Nickel Plated Steel Strips for Battery market?
The report provides an in-depth analysis of the leading companies operating in the global Nickel Plated Steel Strips for Battery market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Toyo Kohan.
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis.
- NIPPON STEEL
- Tata Steel
- TCC Steel
- Datum Alloys
- Zhongshan Sanmei
- Jiangsu Jiutian
- Nonfemet
- Yongsheng New Material
- Changde Liyuan New Materials
Conclusion
The Nickel Plated Steel Strips for Battery Market Size is poised for significant growth, driven by the rapid expansion of electric vehicles, energy storage systems, and consumer electronics. Increasing demand for high-performance, corrosion-resistant, and conductive materials is fueling adoption across lithium-ion and advanced battery technologies. Innovations in plating processes, lightweight designs, and precision manufacturing are enhancing product efficiency, reliability, and durability. Key trends such as EV adoption, renewable energy integration, and automation in production are shaping market dynamics. With strong regional demand, particularly in Asia Pacific and North America, the market presents substantial opportunities for manufacturers, investors, and technology developers globally.
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