Top 10 Companies in the Global Pure Nickel Strip for Lithium Battery Market (2026): Market Leaders Powering Global Industry

MARKET INSIGHTS

Global pure nickel strip for lithium battery market size was valued at USD 562.4 million in 2024. The market is projected to grow from USD 621.8 million in 2025 to USD 1.12 billion by 2034, exhibiting a CAGR of 7.6% during the forecast period.

Pure nickel strips are critical conductive materials used in lithium‑ion battery manufacturing, primarily serving as current collectors and connectors. These high‑purity nickel materials (typically 99%-99.98% purity) offer excellent electrical conductivity, corrosion resistance, and weldability – making them ideal for battery tabs, connectors, and cathodes in electric vehicles, consumer electronics, and energy storage systems.

The market growth is driven by the booming electric vehicle industry, with Global EV sales projected to reach 45 million units annually by 2030, creating massive demand for battery components. However, supply chain constraints for high‑grade nickel and fluctuating raw material prices present challenges. Recent developments include AMETEK’s 2024 expansion of its specialty metals production capacity in Pennsylvania to meet growing battery industry demands, while Chinese manufacturers like Jiangsu Jiangneng are introducing ultra‑thin (0.05 mm) nickel strips for next‑generation battery designs.

Global Pure Nickel Strip for Lithium Battery Market – View in Detailed Research Report

Top 10 Companies in the Global Pure Nickel Strip for Lithium Battery Market

10️⃣ 1. AMETEK

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Precision‑rolled pure nickel strips (99.98% purity) for battery tabs and connectors

AMETEK is a leading specialty metals manufacturer with a robust R&D pipeline focused on high‑purity nickel solutions for the battery sector. Their Pennsylvania facility has recently expanded capacity to meet the surge in EV battery demand, ensuring reliable supply to major OEMs.

Sustainability Initiatives:

• Carbon‑neutral production targets for 2035
• Investment in hydrometallurgical recycling of nickel from spent batteries
• Partnerships with EV manufacturers to reduce overall supply chain emissions

9️⃣ 2. Ulbrich

Headquarters: Villach, Austria
Key Offering: Ultra‑thin pure nickel strips (0.1‑0.15 mm) for high‑energy‑density batteries

Ulbrich specializes in advanced nickel strip technology, delivering high‑purity materials with superior weldability and corrosion resistance. Their European operations support both automotive and industrial battery producers.

Sustainability Initiatives:

• Zero‑waste manufacturing processes
• Renewable energy integration across production sites
• Collaboration with battery recyclers to close the material loop

8️⃣ 3. Shanghai Metal Corporation

Headquarters: Shanghai, China
Key Offering: High‑purity nickel strips (99.96%–99.98%) for battery tabs and connectors

Shanghai Metal Corporation dominates the Asia‑Pacific market with large‑scale rolling mills and close proximity to battery fabs. Their cost‑efficient production model supports rapid scaling for EV battery packs.

Sustainability Initiatives:

• Implementation of carbon‑capture technology in refining
• Investment in local recycling plants to recover nickel from spent cells
• Compliance with China’s stringent environmental regulations

7️⃣ 4. Jiangsu Jiangneng New Material Technology

Headquarters: Nanjing, China
Key Offering: Ultra‑thin (0.05 mm) nickel strips for next‑generation solid‑state batteries

Jiangneng is a pioneer in ultra‑thin nickel strip technology, enabling higher energy density and improved safety in solid‑state battery designs.

Sustainability Initiatives:

• Adoption of green electrolytes in nickel production
• Partnerships with battery manufacturers to reduce overall lifecycle emissions
• Investment in research on alternative alloying elements

6️⃣ 5. Shijiazhuang Chengyuan Alloy Material

Headquarters: Shijiazhuang, China
Key Offering: Ultra‑high‑purity nickel strips (99.98%) for premium EV battery tabs

Chengyuan focuses on niche high‑purity products, serving high‑performance battery segments and enabling extended cycle life.

Sustainability Initiatives:

• Zero‑emission rolling mills
• Recycling of nickel scrap to reduce virgin material use
• Collaboration with local universities for alloy research

5️⃣ 6. Wuxi Chiyue Metal Materials

Headquarters: Wuxi, China
Key Offering: 99.96% purity nickel strips for high‑temperature battery applications

Chiyue’s precision rolling processes deliver consistent strip thicknesses, essential for high‑temperature stability in EV battery packs.

Sustainability Initiatives:

• Use of renewable energy in production
• Water‑recycling systems to reduce water consumption
• Partnerships with battery recyclers to recover nickel

4️⃣ 7. Shanghai Xinbai

Headquarters: Shanghai, China
Key Offering: Custom nickel strips for battery connectors and busbars

Xinbai provides tailored strip solutions, allowing battery designers to optimize cell layout and connectivity.

Sustainability Initiatives:

• Implementation of lean manufacturing to reduce waste
• Use of recycled nickel in strip production
• Collaboration with EV manufacturers to improve supply chain transparency

3️⃣ 8. Yixing Jinhua

Headquarters: Yixing, China
Key Offering: 99.98% purity nickel strips for battery tabs and connectors

Jinhua focuses on high‑performance strips for premium battery applications, ensuring superior conductivity and corrosion resistance.

Sustainability Initiatives:

• Carbon‑neutral manufacturing goal by 2030
• Investment in nickel recycling infrastructure
• Compliance with global environmental standards (REACH, EPA)

2️⃣ 9. Danyang Kaixin Alloy Material

Headquarters: Danyang, China
Key Offering: High‑purity nickel strips for battery tabs and connectors

Kaixin has recently expanded its rolling capacity, positioning itself as a key supplier for the growing EV battery market.

Sustainability Initiatives:

• Energy‑efficient rolling processes
• Recycling of scrap nickel into new strips
• Collaboration with battery manufacturers to reduce overall emissions

1️⃣ 10. Dongguan Sanyu Metal Materials

Headquarters: Dongguan, China
Key Offering: Ultra‑thin nickel strips (0.1‑0.15 mm) for high‑density battery packs

Sanyu’s advanced precision rolling technology supports the latest battery chemistries, enabling higher energy density and improved safety.

Sustainability Initiatives:

• Renewable energy integration in production facilities
• Recycling of nickel scrap to reduce virgin material use
• Partnerships with battery recyclers to close the loop

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🌍 Outlook: The Future of Global Pure Nickel Strip for Lithium Battery Market Is Cleaner and Smarter

The global pure nickel strip market is poised for continued expansion, driven by the accelerating shift to electric mobility and the growing demand for high‑performance battery components. As battery chemistries evolve, the need for ultra‑thin, high‑purity nickel strips will intensify, creating new opportunities for innovation and cost efficiency.

📈 Key Trends Shaping the Market:

• Rapid EV adoption and the push for higher energy density batteries
• Shift towards ultra‑thin (≤0.05 mm) nickel strips for next‑generation solid‑state batteries
• Increasing demand for 99.96%–99.98% purity nickel to reduce internal resistance and improve cycle life
• Expansion of nickel recycling and hydrometallurgical processes to lower raw material costs
• Geographic diversification with Asia‑Pacific maintaining leadership, while North America and Europe accelerate capacity expansion
• Growing emphasis on sustainability, including carbon‑neutral manufacturing and compliance with REACH/EPA regulations

Future Trends

In the coming decade, the market will see significant technological breakthroughs such as:

• Roll‑to‑roll manufacturing innovations that further reduce strip production costs
• Integration of nickel‑based nanostructures to enhance conductivity without compromising flexibility
• Collaborative ecosystems between nickel suppliers, battery OEMs, and recycling firms to create a closed‑loop supply chain
• Strategic investments in Asia‑Pacific manufacturing hubs to meet the surging demand for EV batteries
• Emergence of new alloys that combine nickel with lightweight metals to reduce strip weight while maintaining performance