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 exceptional growth is being driven by the surging global demand for electric vehicles (EVs), the expansion of consumer electronics, and the critical role these strips play as high-performance current collectors in lithium-ion and NiCd/NiMH batteries.

As the world accelerates its transition to electrification and renewable energy storage, the demand for advanced battery materials is skyrocketing. Nickel-plated steel strips are fundamental components, providing the essential conductivity, corrosion resistance, and structural integrity required for efficient and durable batteries. In this blog, we profile the Top 10 Companies in the Nickel Plated Steel Strips for Battery Industry—specialist steel producers and material scientists who are foundational to the future of energy storage.

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Nickel Plated Steel Strips for Battery Market – View in Detailed Research Report

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🔟 1. Toyo Kohan Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: High-precision nickel-plated steel strips, Electrolytic Tinplate, TFS (Tin Free Steel)

Toyo Kohan is a leading global manufacturer of specialty steel sheets, renowned for its high-quality nickel-plated steel strips used extensively in lithium-ion battery cans and caps. The company’s advanced plating technologies ensure uniform coating thickness and superior performance, making it a preferred supplier for major battery manufacturers worldwide.

Innovation and Market Focus:

• Pioneer in surface-treated steel products for over 80 years

• Strong R&D focus on enhancing conductivity and corrosion resistance for next-gen batteries

• Strategic partnerships with automotive and electronics giants

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9️⃣ 2. Nippon Steel Corporation

Headquarters: Tokyo, Japan
Key Offering: Nickel-plated steel strips, Electrical steel, High-tensile strength steel

As one of the world’s largest steel producers, Nippon Steel leverages its immense material science expertise to produce premium nickel-plated steel strips. These products are critical for battery applications requiring high reliability and long life cycles, particularly in the automotive sector.

Innovation and Market Focus:

• Integrated production from raw steel to finished plated products

• Developing ultra-thin, high-strength strips for battery miniaturization

• Global supply chain supporting EV battery gigafactories

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8️⃣ 3. Tata Steel Limited

Headquarters: Mumbai, India
Key Offering: Nickel-plated strips, Coated steel products, Automotive-grade steel

Tata Steel is a key player in the Asian market, supplying nickel-plated steel strips to a growing domestic and international battery industry. The company is strategically expanding its capabilities to meet the explosive demand from India’s burgeoning EV market and renewable energy sector.

Innovation and Market Focus:

• Investing in advanced coating lines for precision plating

• Focus on cost-competitive solutions for mass-market EVs

• Commitment to sustainable manufacturing processes

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7️⃣ 4. TCC Steel

Headquarters: Seoul, South Korea
Key Offering: Nickel pre-plated and post-plated steel strips, Specialty coated steels

TCC Steel is a prominent South Korean manufacturer specializing in coated steel products. Its nickel-plated strips are essential for the country’s robust electronics and battery supply chain, serving leading tech and automotive companies known for their high-quality standards.

Innovation and Market Focus:

• Advanced quality control systems ensuring defect-free strips

• Tailored solutions for prismatic and cylindrical battery cells

• Expanding production capacity to capitalize on EV growth

Download FREE Sample Report:
Nickel Plated Steel Strips for Battery 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 battery shells, Precision stamped components

Zhongshan Sanmei is a major Chinese supplier focused on the battery materials market. The company provides nickel-plated strips that are crucial for manufacturing battery cans and tabs, benefiting from China’s dominant position in global battery production.

Innovation and Market Focus:

• Cost-effective manufacturing for high-volume battery production

• Close collaboration with domestic battery cell manufacturers

• Rapid scaling of production to meet domestic and export demand

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5️⃣ 6. EAST-NINESKY

Headquarters: China
Key Offering: Nickel-plated steel strips, Battery connection components

EAST-NINESKY specializes in materials for the new energy industry, including high-performance nickel-plated steel strips. The company is an integral part of the supply chain for various battery types, supporting the rapid electrification of transportation and energy storage systems.

Innovation and Market Focus:

• Focus on innovative plating formulations for enhanced battery life

• Supplying components for battery packs and modules

• Adapting products for evolving battery design standards

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4️⃣ 7. Nonfemet

Headquarters: China
Key Offering: Nickel products, Nickel-plated materials, Non-ferrous metal processing

As a significant player in China’s non-ferrous metals sector, Nonfemet brings its expertise in nickel processing to the battery materials market. The company produces nickel-plated steel strips that meet the stringent requirements of advanced battery technologies.

Innovation and Market Focus:

• Leveraging vertical integration from nickel sourcing to plating

• Developing strips for high-energy-density battery applications

• Contributing to the circular economy through material recycling initiatives

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3️⃣ 8. Yongsheng New Material

Headquarters: China
Key Offering: New energy materials, Nickel-plated strips, Composite materials

Yongsheng New Material is focused on supplying advanced materials for the new energy sector. Its nickel-plated steel strips are designed to improve the efficiency and safety of battery systems, catering to the needs of top-tier battery makers.

Innovation and Market Focus:

• R&D investment in material science for improved conductivity

• Customizable strip specifications for diverse battery architectures

• Expanding market presence in Southeast Asia and Europe

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2️⃣ 9. Changde Liyuan New Materials

Headquarters: Changde, Hunan, China
Key Offering: Nickel-plated steel strips, Battery substrate materials

Changde Liyuan New Materials is a specialized manufacturer contributing to the battery component supply chain. The company’s products are essential for creating reliable electrical connections within battery cells, a critical factor for overall performance and safety.

Innovation and Market Focus:

• Precision engineering for consistent plating quality

• Serving niche markets with high-performance requirements

• Focus on reducing material waste in the manufacturing process

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1️⃣ 10. Other Leading Global and Regional Players

Market Presence: Europe, North America, Asia-Pacific
Key Offering: Specialized nickel-plated strips, Custom alloy development

Beyond the top listed companies, the market includes a diverse ecosystem of other significant players. These include specialized metallurgical firms in Europe and North America, as well as emerging manufacturers in other parts of Asia. These companies often focus on high-value, customized solutions for specific battery chemistries or advanced applications like aerospace and medical devices.

Collective Market Role:

• Driving innovation in alternative plating technologies and alloys

• Providing supply chain resilience through geographic diversification

• Catering to specialized segments with unique performance requirements

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 energy transition. As battery technology evolves toward higher energy densities, faster charging, and greater sustainability, the materials used for current collectors must keep pace.

📈 Key Trends Shaping the Market:

• Exponential growth in EV production fueling demand for battery materials

• R&D into thinner, stronger strips to increase battery energy density

• Increasing emphasis on supply chain sustainability and nickel sourcing ethics

• Advanced plating techniques to minimize resistance and enhance battery life

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

The companies profiled above are not just supplying a commodity—they are enabling the electrification of transport and the growth of renewable energy storage, providing the essential materials that power a cleaner future.