The Global Nickel-plated Steel Sheet in Batteries Market was valued at USD 2.45 Billion in 2023 and is projected to reach USD 4.19 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.9% during the forecast period (2024–2030). This robust growth is primarily driven by the exponential expansion of the electric vehicle (EV) sector, increasing demand for high-performance consumer electronics, and the global push towards energy storage solutions.

Nickel-plated steel sheet is an essential component in battery manufacturing, serving as a current collector and housing material due to its excellent conductivity, corrosion resistance, and mechanical strength. As the battery industry pivots towards higher energy densities and longer life cycles, the manufacturers of this specialized material are at the forefront of innovation. This blog profiles the Top 10 Companies in the Nickel-plated Steel Sheet in Batteries Industry—leaders in material science and electroplating technology that are powering the future of energy storage.

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🔟 1. NIPPON STEEL Corporation

Headquarters: Tokyo, Japan
Key Offering: High-grade nickel-plated steel strips for lithium-ion and alkaline batteries

NIPPON STEEL is a global leader in steel production and a key supplier of advanced materials for the battery industry. The company’s nickel-plated steel sheets are renowned for their superior surface quality, consistent plating thickness, and excellent formability, making them ideal for demanding battery applications.

Innovation and Production Capacity:

• Proprietary plating technologies ensuring minimal defects and high adhesion

• Significant investment in R&D for next-generation battery materials

• Global production facilities supporting a resilient supply chain

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9️⃣ 2. Toyo Kohan Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Precision nickel-plated steel sheets for power batteries and consumer electronics

Toyo Kohan specializes in high-precision steel products, with a strong focus on materials for the electronics sector. Their nickel-plated steel sheets are engineered to meet the stringent requirements of battery manufacturers, particularly for lithium-ion cells used in EVs and portable devices.

Innovation and Production Capacity:

• Expertise in ultra-thin plating and surface treatment technologies

• Strong partnerships with leading Japanese and South Korean battery makers

Download FREE Sample Report: Nickel-plated Steel Sheet in Batteries Market – View in Detailed Research Report

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8️⃣ 3. Tata Steel Limited

Headquarters: Mumbai, India
Key Offering: Nickel-plated steel for automotive and industrial batteries

Tata Steel is one of the world’s top steel producers and has a growing presence in the value-added products segment. The company supplies nickel-plated steel sheets to battery manufacturers, leveraging its extensive metallurgical expertise and large-scale production capabilities.

Innovation and Production Capacity:

• Focus on developing cost-effective solutions for the burgeoning Asian battery market

• Investment in sustainable manufacturing processes

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7️⃣ 4. TCC Steel Corporation

Headquarters: Seoul, South Korea
Key Offering: Specialty nickel-plated and coated steel products for batteries

TCC Steel is a prominent South Korean manufacturer specializing in coated steel products. The company’s nickel-plated steel sheets are critical components for the domestic battery industry, which is a global leader in lithium-ion technology.

Innovation and Production Capacity:

• Advanced continuous plating lines for high-volume production

• Close collaboration with South Korea’s major battery cell producers (LG Energy Solution, Samsung SDI, SK On)

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6️⃣ 5. Zhongshan Sanmei Chemical & Electronics Co., Ltd.

Headquarters: Zhongshan, Guangdong, China
Key Offering: Nickel-plated steel strips for various battery types

Zhongshan Sanmei is a key Chinese player in the electroplating and materials industry. The company supplies a significant portion of the nickel-plated steel used in China’s vast battery manufacturing ecosystem, which serves both domestic and international markets.

Innovation and Production Capacity:

• Competitive pricing and flexible production capacity

• Strategic location within China’s primary industrial and battery manufacturing hubs

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5️⃣ 6. Jiangsu Jiutian New Material Co., Ltd.

Headquarters: Nanjing, Jiangsu, China
Key Offering: Nickel-plated steel sheets for consumer electronics and energy storage batteries

Jiangsu Jiutian is a specialized manufacturer of new materials, with a strong focus on products for the新能源 (new energy) sector. The company has been expanding its production capacity for nickel-plated steel to meet the surging demand from battery producers.

Innovation and Production Capacity:

• Rapid scaling of production to cater to the booming EV market

• Investment in automation to improve product consistency and yield

Download FREE Sample Report: Nickel-plated Steel Sheet in Batteries Market – View in Detailed Research Report

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4️⃣ 7. Hunan TOYO-LEED New Materials Co., Ltd.

Headquarters: Changsha, Hunan, China
Key Offering: High-performance nickel-plated steel for power batteries

Hunan TOYO-LEED is a joint venture that leverages advanced Japanese technology for material production. The company specializes in high-end nickel-plated steel sheets that meet the demanding specifications for automotive-grade lithium-ion batteries.

Innovation and Production Capacity:

• Access to proprietary plating and quality control technologies

• Focus on the premium segment of the battery market

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3️⃣ 8. Yongsheng New Material Technology Co., Ltd.

Headquarters: Suzhou, Jiangsu, China
Key Offering: Customized nickel-plated steel solutions for specialized battery applications

Yongsheng New Material is a technology-driven company that provides tailored material solutions. They work closely with battery manufacturers to develop nickel-plated steel sheets with specific characteristics for niche applications, including high-power and high-safety batteries.

Innovation and Production Capacity:

• Strong R&D capabilities for custom material development

• Agile manufacturing processes for low-volume, high-margin products

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2️⃣ 9. POSCO

Headquarters: Pohang, South Korea
Key Offering: Wide range of plated steel products, including nickel-plated sheets for batteries

While POSCO is a steelmaking giant, its advanced materials division is increasingly focused on products for the future mobility and energy sectors. The company’s expertise in coating technologies positions it as a significant potential supplier to the global battery industry.

Innovation and Production Capacity:

• Massive integrated steel production allows for control over base material quality

• Strategic initiatives to expand into high-growth battery material markets

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1️⃣ 10. ThyssenKrupp AG

Headquarters: Essen, Germany
Key Offering: Specialty steels and plated products for European battery gigafactories

ThyssenKrupp is a major European industrial group with a strong materials division. As Europe rapidly builds its local battery production capacity, ThyssenKrupp is poised to be a key supplier of nickel-plated steel sheets, benefiting from its proximity to upcoming gigafactories.

Innovation and Production Capacity:

• Strong presence in the European automotive and industrial sectors

• Investment in developing sustainable and circular material solutions

Get Full Report Here: Nickel-plated Steel Sheet in Batteries Market – View in Detailed Research Report

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🔋 Outlook: The Future of Nickel-plated Steel Sheet in Batteries is High-Performance and Sustainable

The nickel-plated steel sheet market is intrinsically linked to the fortunes of the global battery industry. As batteries become more powerful, cheaper, and more widespread, the demand for high-quality, reliable current collector and casing materials will continue to surge.

📈 Key Trends Shaping the Market:

• Electric Vehicle Proliferation: The single largest growth driver, with EV production forecasts requiring a massive increase in battery cell output.

• Advancements in Battery Technology: Solid-state batteries and new cell designs may require specialized material properties, driving innovation in plating technologies.

• Supply Chain Localization: Regions like North America and Europe are building local battery supply chains to reduce dependence on Asia, creating opportunities for regional material suppliers.

• Sustainability and Recycling: Increased focus on the recyclability of battery components, including nickel-plated steel, is prompting the development of more sustainable production methods and closed-loop systems.

The companies profiled above are not just suppliers; they are critical enablers of the global energy transition. Their ability to innovate and scale production will directly impact the cost, performance, and availability of the batteries that power our electric vehicles, store renewable energy, and run our portable electronics.

Get Full Report Here: Nickel-plated Steel Sheet in Batteries Market – View in Detailed Research Report