Market Outlook

According to Future Market Consulting analysis, Global Clad Metals for Batteries Market size was valued at USD 7.83 Billion in 2021 and is projected to reach USD 10.55 Billion by 2028, growing at a CAGR of 4.5 % from 2022 to 2028.

Cladding is a method of bonding dissimilar metals together. It is usually undertaken by sandwiching various elements through a die or compressing and winding plates and strips under high pressure. Metalworkers have used this method over a century. 

Clad metal materials, in the shape of thermostatic bimetals, are extensively used in domestic appliances as well as circuit breakers & batteries used in every industry.  Thermostatic bimetals are made up of two or three distinct metals that are layered together. The elements are designed in such a manner that when burned to a certain temperature, they change shape. Since each element does have a distinct coefficient of expansion, when heated, they expand at various rates, leading them to bend. This shape shift is then used to open a electrical circuit and cut power off.

The metallurgical bond can be created at the atomic level by linking two or more different metals or alloys using our roll bonding technique. Their combined qualities can be customized to nearly any requirement of a product specific design. Co-rolling, bonding, diffusion bonding, co-extrusion, casting, or heavy electroplating, heavy chemical deposition, can all be used to connect clad metals.

Key Players

• Proterial
• Engineered Materials Solutions
• Wickeder Westfalenstahl
• Foshan Tongbao Electrical Precision Alloy
• Mitani Shoji
• Umicore
• Changsung Corp. Ltd.
• Materion Corp.

Segmentation

By Type

• Ni/Cu
• Ni/Cu/Ni
• Cu/Al
• Others

By Application

• Coin Cell Battery
• Pouch Cell
• Cylindrical Cell
• Others

By Region

South America (Brazil, Argentina, Rest of South America);
North America (US, Canada, Mexico);
Europe (UK, Germany, France, Italy, Spain, Rest of Europe);
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific);
Middle East & Africa (GCC, South Africa, Rest of Middle East & Africa);