The Global Nickel Plated Steel Strips for Battery Market was valued at US$ 492 Million in 2025 and is projected to reach US$ 2,118 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 23.5% during the forecast period (2026–2034). This remarkable growth is being propelled by the exponential demand for electric vehicles (EVs), the rapid expansion of renewable energy storage systems, and the increasing consumption of high-performance consumer electronics requiring advanced lithium-ion batteries.

As the global energy transition accelerates, the spotlight is on the specialized material suppliers who form the backbone of modern battery manufacturing. These components are critical for ensuring battery efficiency, longevity, and safety. In this blog, we profile the Top 10 Companies in the Nickel Plated Steel Strips for Battery Industry—a mix of established steel giants and specialized material innovators shaping the future of energy storage.

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🔟 1. Toyo Kohan Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: High-precision Nickel Plated Steel Strips for Battery Current Collectors

Toyo Kohan is a globally recognized leader in the production of sophisticated metal materials, with a particularly strong position in nickel-plated steel strips for lithium-ion batteries. The company’s products are renowned for their exceptional surface quality, uniform plating thickness, and superior electrical conductivity, making them a preferred choice for leading battery manufacturers worldwide.

Key Strengths & Innovations:

• Pioneer in thin-gauge, high-strength nickel-plated strips

• Advanced plating technologies ensuring minimal defects

• Strong R&D focus on next-generation battery materials

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9️⃣ 2. Nippon Steel Corporation

Headquarters: Tokyo, Japan
Key Offering: Wide range of nickel-plated steel products for automotive and battery applications

As one of the world’s largest steel producers, Nippon Steel leverages its immense manufacturing scale and metallurgical expertise to supply high-quality nickel-plated steel strips to the burgeoning battery market. The company is deeply integrated into the EV supply chain, providing materials that meet the stringent demands of automotive-grade battery packs.

Key Strengths & Innovations:

• Mass production capability to support global EV rollout

• Proprietary corrosion-resistant coating formulations

• Strategic partnerships with major automotive OEMs

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8️⃣ 3. Tata Steel Limited

Headquarters: Mumbai, India
Key Offering: Nickel-plated strips for consumer electronics and emerging EV markets

Tata Steel is a key player in the Asian market, supplying nickel-plated steel strips tailored for both high-volume consumer electronics and the rapidly growing electric vehicle sector in India and Southeast Asia. The company is investing significantly in expanding its value-added product portfolio to capture a larger share of the battery materials market.

Key Strengths & Innovations:

• Cost-competitive manufacturing for price-sensitive markets

• Focus on developing sustainable and recyclable material solutions

• Growing capacity dedicated to battery component materials

Download FREE Sample Report: Nickel Plated Steel Strips for Battery Market – View in Detailed Research Report

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7️⃣ 4. TCC Steel

Headquarters: Seoul, South Korea
Key Offering: Specialty nickel-plated steel strips for premium battery applications

TCC Steel is a prominent South Korean manufacturer specializing in high-value steel products. The company’s nickel-plated strips are engineered for advanced battery systems, particularly those requiring high power density and long cycle life, serving a cluster of leading battery makers in South Korea’s robust tech ecosystem.

Key Strengths & Innovations:

• Expertise in ultra-thin gauge strips for compact battery designs

• Strong technical support and customization for battery clients

• Quality certifications aligned with global automotive standards

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6️⃣ 5. Zhongshan Sanmei

Headquarters: Zhongshan, Guangdong, China
Key Offering: Cost-effective nickel-plated steel strips for mass-market batteries

Zhongshan Sanmei is a significant Chinese supplier catering to the vast domestic battery manufacturing industry. The company provides reliable nickel-plated steel strips that balance performance with affordability, supporting the production of batteries for everything from e-mopeds and power tools to energy storage systems.

Key Strengths & Innovations:

• Strategic location within China’s major industrial hubs

• Rapid response to high-volume orders

• Continuous process optimization for cost efficiency

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5️⃣ 6. EAST-NINESKY

Headquarters: China
Key Offering: Nickel Pre-plated and Post-plated Steel Strips

EAST-NINESKY has carved out a niche as a specialized provider of both nickel pre-plated and post-plated steel strips. This flexibility allows them to serve diverse customer requirements, from standard battery designs to more specialized applications needing specific plating characteristics.

Key Strengths & Innovations:

• Dual expertise in both primary plating processes

• Agile manufacturing for specialized and custom orders

• Growing export footprint in international markets

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4️⃣ 7. Nonfemet (China Nonferrous Metals)

Headquarters: Beijing, China
Key Offering: Nickel-plated strips with a focus on raw material integration

As a major state-owned enterprise involved in nonferrous metals, Nonfemet possesses a unique advantage in raw material sourcing. This vertical integration helps stabilize supply chains for nickel, a critical raw material, allowing them to offer competitive and consistent nickel-plated steel strips to the battery industry.

Key Strengths & Innovations:

• Vertical integration from nickel sourcing to finished product

• Strong backing and large-scale operational capacity

• Focus on supplying China’s strategic new energy industries

Download FREE Sample Report: Nickel Plated Steel Strips for Battery Market – View in Detailed Research Report

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3️⃣ 8. Yongsheng New Material

Headquarters: China
Key Offering: Innovative surface-treated nickel-plated strips

Yongsheng New Material focuses on technological innovation in surface treatment processes. Their nickel-plated steel strips are designed to offer enhanced adhesion for electrode materials and improved resistance to electrolyte corrosion, which are critical factors for extending battery lifespan and performance.

Key Strengths & Innovations:

• Proprietary surface treatment technologies

• R&D-driven approach to material performance enhancement

• Collaborative development projects with battery makers

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2️⃣ 9. Changde Liyuan New Materials

Headquarters: Changde, Hunan, China
Key Offering: Nickel-plated strips for niche and high-performance applications

Changde Liyuan New Materials specializes in serving niche segments of the battery market that require specific material properties. Their expertise lies in tailoring the characteristics of the nickel-plated strips to meet unique performance criteria for specialized battery designs.

Key Strengths & Innovations:

• Specialization in custom and high-specification products

• Ability to handle small-batch, high-value production runs

• Technical capability to solve complex material challenges

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1️⃣ 10. Other Key Regional Players

Overview: A dynamic landscape of emerging suppliers

Beyond the leading global players, the market includes a vibrant ecosystem of regional suppliers and new entrants, particularly within Asia. These companies are crucial for meeting localized demand, offering logistical advantages, and fostering competition, which drives innovation and cost-effectiveness across the industry.

Market Role & Characteristics:

• Serve domestic and regional battery manufacturing clusters

• Often more agile and responsive to local market needs

• Contribute to the overall resilience and diversity of the supply chain

Get Full Report Here: Nickel Plated Steel Strips for Battery Market – View in Detailed Research Report

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🔋 Outlook: The Future of Battery Materials Is High-Performance and Sustainable

The nickel-plated steel strips market is at the heart of the global shift towards electrification. While current demand is overwhelmingly driven by lithium-ion technology, the industry is already investing in material science to support the next generation of batteries, including solid-state and other advanced chemistries.

📈 Key Trends Shaping the Market:

• Intensifying demand from EV manufacturers seeking higher energy density and faster charging capabilities

• Growing requirements for strips used in large-scale grid energy storage systems (ESS)

• Increased focus on supply chain sustainability and the use of recycled nickel and steel

• R&D into alternative plating materials and composite strips to reduce cost and weight

Get Full Report Here: Nickel Plated Steel Strips for Battery Market – View in Detailed Research Report

The companies listed above are not only supplying a critical battery component—they are enabling the clean energy transition that is reshaping global transportation and power systems.