What is the market prospect of aluminum-plastic film in the future

1、 Market size and growth drivers

The demand for soft pack batteries has surged in the fields of new energy vehicles and energy storage, and aluminum-plastic film as the core packaging material has benefited simultaneously. The global shipment volume of aluminum-plastic film will reach 450 million square meters in 2024, and is expected to increase to 760 million square meters by 2025, with a compound growth rate of 25.9%.

The industrialization trend of solid-state batteries (expected by 2027) will further drive demand, and the global market size may reach 21.83 billion yuan by 2030.

The penetration rate of power batteries (such as BYD blade batteries) has increased, coupled with the demand for lightweight consumer electronics, forming a two wheel drive system.

2、Expansion of application areas

Consumer electronics: Domestic technology has met most of the demand, and the penetration rate is rapidly increasing.

Power Battery: Extending from the 3C field to the power field, Foster and other companies have achieved mass supply, with sales increasing by 2876% in 2024.

Emerging scenarios: Solid state battery packaging (adapted by Foster products), aerospace, medical devices and other potential markets are opened up.

3、 Competition pattern of industrial chain

Upstream material localization

Aluminum foil (accounting for 30% of the cost) has sufficient supply, and China's production capacity accounts for 50% of the world's total, ensuring the stability of raw materials.

Technological route differentiation

Dry process: The process is complex but the equipment requirements are low, making it suitable for initial layout.

Thermal process: better high temperature resistance, in line with the high safety requirements of power batteries.

Formation of enterprise echelon

Top tier enterprises (Guangdong Btree New Energy Material Co., Ltd.) rely on production capacity and technological barriers to seize the market, while second tier manufacturers face funding and research and development challenges.

4、 Challenges and Risks

Technical barriers: Aluminum plastic film needs to have both barrier properties and resistance to electrolyte corrosion, and the production process is highly complex.

Raw material fluctuations: The fluctuation of aluminum prices is transmitted to the cost side, compressing the profit margin of enterprises.

5、 Future Trends and Prospects

High performance and lightweight

Improve stamping formability and ductility to meet the requirements of solid-state batteries.

Layout of circular economy

Policy driven research and development of recycled aluminum-plastic film technology to reduce environmental costs.

Global share increase

It is expected that by 2030, the global proportion of Chinese enterprises will exceed 40%, leading the mid-range market.