The Global Nickel-plated Steel Sheet in Batteries Market was valued at USD 1.52 Billion in 2023 and is projected to reach USD 2.45 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period (2024–2030). This robust growth is fueled by the exponential demand for lithium-ion batteries in electric vehicles (EVs), consumer electronics, and grid energy storage systems, where nickel-plated steel serves as a critical component for battery casings, tabs, and terminals.

As the global push for electrification accelerates, the underlying materials that ensure battery safety, conductivity, and longevity are gaining strategic importance. In this blog, we profile the Top 10 Companies in the Nickel-plated Steel Sheet for Batteries Industry—specialized steel producers and advanced material suppliers that are foundational to the modern energy storage ecosystem.

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Nickel-plated Steel Sheet in Batteries Market – View in Detailed Research Report

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🔟 1. NIPPON STEEL Corporation

Headquarters: Tokyo, Japan
Key Offering: High-performance nickel-plated steel strips for battery cans and cases

NIPPON STEEL is a global leader in advanced steel products, including specialized nickel-plated steel sheets designed for the battery industry. Their materials are known for excellent corrosion resistance, weldability, and formability, making them ideal for the demanding environments inside power batteries.

Innovation & Market Focus:

• Development of ultra-thin, high-strength nickel-plated steel for lightweight battery packs

• Strategic partnerships with major automotive and battery manufacturers in Asia, Europe, and North America

• Investment in R&D for next-generation plating technologies to enhance conductivity and reduce costs

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9️⃣ 2. Toyo Kohan Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Tin-free steel (TFS) and nickel-plated steel for battery containers

Toyo Kohan specializes in surface-treated steel products and is a key supplier of materials for battery cans, particularly for alkaline and lithium primary batteries. Their expertise in precise plating control ensures consistent quality for high-volume battery production.

Innovation & Market Focus:

• Leading supplier for the global consumer battery market

• Focus on improving material purity and surface smoothness to prevent internal short circuits

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8️⃣ 3. Tata Steel Limited

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

Tata Steel’s expanding portfolio includes value-added steel products tailored for the energy sector. Their nickel-plated steel is used in various battery applications, supporting India’s growing EV and renewable energy storage markets.

Innovation & Market Focus:

• Leveraging domestic production to serve the rapidly growing South Asian battery market

• Investment in sustainable manufacturing processes for green steel production

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7️⃣ 4. TCC Steel

Headquarters: Seoul, South Korea
Key Offering: Precision nickel-plated steel strips for secondary batteries

TCC Steel is a prominent South Korean manufacturer specializing in cold-rolled steel products, including those with nickel coatings for the electronics and battery industries. They are a critical link in the supply chain for South Korea’s world-leading battery makers.

Innovation & Market Focus:

• Close collaboration with Korean battery giants (LG Energy Solution, Samsung SDI, SK On)

• Focus on high-precision, defect-free surfaces essential for laser welding in battery assembly

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

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6️⃣ 5. Zhongshan Sanmei

Headquarters: Zhongshan, Guangdong, China
Key Offering: Nickel-plated steel strips for lithium battery cases and caps

Zhongshan Sanmei is a major Chinese supplier of electroplated steel strips, serving a significant portion of the domestic battery manufacturing industry. Their cost-competitive products are widely used in consumer electronics and small power tool batteries.

Innovation & Market Focus:

• Dominant presence in the world’s largest battery production region

• Scaling production capacity to meet soaring demand from Chinese EV and ESS manufacturers

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5️⃣ 6. Jiangsu Jiutian

Headquarters: Yancheng, Jiangsu, China
Key Offering: Nickel-plated steel for alkaline and lithium battery shells

Jiangsu Jiutian is another key Chinese player focused on providing specialized metal materials for the battery sector. The company has built a strong reputation for reliability and is integral to the supply chains of numerous battery pack assemblers.

Innovation & Market Focus:

• Expanding product range to include higher-grade materials for power batteries

• Investment in automated plating lines to improve efficiency and consistency

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4️⃣ 7. Hunan TOYO-LEED

Headquarters: Changsha, Hunan, China
Key Offering: Precision nickel-plated steel sheets

Hunan TOYO-LEED is a specialized manufacturer with advanced technology in precision plating. Their products are used in high-end battery applications where stringent dimensional tolerances and surface quality are paramount.

Innovation & Market Focus:

• Focus on niche, high-value market segments

• Strong R&D capabilities in coating adhesion and corrosion performance

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3️⃣ 8. Yongsheng New Material

Headquarters: Suzhou, Jiangsu, China
Key Offering: Customized nickel-plated steel for various battery components

Yongsheng New Material provides tailored solutions for battery manufacturers, offering different nickel coating thicknesses and steel base specifications to meet specific performance requirements for conductivity and structural integrity.

Innovation & Market Focus:

• Flexible manufacturing approach for custom orders

• Serving a diverse client base from small electronic device makers to large automotive suppliers

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2️⃣ 9. ThyssenKrupp Materials NA (e.g., CoreSmart®)

Headquarters: Essen, Germany (Global Operations)
Key Offering: Engineered nickel-plated steel solutions for battery systems

While not exclusively a battery material supplier, ThyssenKrupp’s materials services division provides advanced metallic materials, including nickel-plated steels, to the North American and European battery and automotive industries, often as part of larger component solutions.

Innovation & Market Focus:

• Integration of materials into full battery component assemblies

• Focus on supplying the nascent but fast-growing North American EV battery cell manufacturing sector

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1️⃣ 10. POSCO

Headquarters: Pohang, South Korea
Key Offering: WP® (World Premium) steel products, including coated steels for batteries

POSCO, one of the world’s largest steelmakers, produces a wide range of high-value steel products. Their advanced coated steels are used in battery applications, leveraging their massive R&D capabilities and integrated production process to ensure material performance.

Innovation & Market Focus:

• Development of proprietary steel alloys optimized for battery use

• Strategic focus on becoming a key material supplier for the global green energy transition

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Nickel-plated Steel Sheet in Batteries Market – View in Detailed Research Report

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🔋 Outlook: The Future of Nickel-plated Steel is Integrated and High-Performance

The nickel-plated steel sheet market is evolving from a standard commodity to a highly engineered component critical to battery safety and efficiency. As battery energy density increases and costs are driven down, the performance requirements for casing materials become more stringent.

📈 Key Trends Shaping the Market:

• Demand for Thinner Gauges: Battery manufacturers are pushing for thinner, lighter steel sheets to maximize energy density per unit volume and weight, especially in EVs.

• Enhanced Corrosion Resistance: Requirements for longer battery warranties (8-10+ years for EVs) are driving the need for plating technologies that can withstand harsh internal chemistries over extended periods.

• Supply Chain Localization: Major battery production hubs in North America and Europe are fostering local supply chains for critical materials like nickel-plated steel to reduce dependency on Asian imports.

• Integration with Cell-to-Pack Technologies: New battery designs that eliminate module structures place greater structural and safety demands on the battery casing material, requiring stronger and more reliable nickel-plated steel.

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

The companies profiled are not merely suppliers of a raw material; they are enablers of the global transition to electrified transportation and grid-scale renewable energy storage. Their continued innovation in material science will be a cornerstone of the clean energy future.