2024 application market research and prospect development forecast in the downstream segments of the aluminum-plastic film industry

1. The domestic substitution of the aluminum-plastic film industry is accelerating

Aluminum-plastic film is mainly used in the cell packaging of pouch lithium batteries, which have strict requirements in barrier, depth, puncture resistance, electrolyte resistance and insulation, etc., and has been widely used in the production of pouch lithium battery cells such as power, 3C digital, energy storage, etc. Compared with cylindrical lithium batteries and prismatic lithium batteries, aluminum plastic film is lighter as the outer packaging material, and the pouch lithium battery adopts the lamination process to make the battery structure more compact, and the capacity of pouch lithium battery is 40-50% higher than that of steel shell battery capacity and 20-30% higher than that of aluminum shell battery under the same specification size, which is the key material for the development of lithium battery towards lightweight and small size.

Overall, the aluminum-plastic film industry is still in the development stage, with global shipments of soft-pack lithium batteries reaching 171.4GWh in 2022, a year-on-year increase of more than 20%.

As a major producer and marketing of lithium batteries, the independent production of lithium battery materials is very important to the mainland: the four core lithium battery raw materials of cathode, anode, separator and electrolyte reached more than 90% of the independent production ratio in 2017, basically completing the independent production;

In recent years, with the increasing demand for independent production of aluminum-plastic film, more and more domestic enterprises have begun to lay out the aluminum-plastic film industry, and gradually made progress and breakthroughs in aluminum-plastic film technology. Under the huge pressure of cost reduction, pouch battery manufacturers have begun to try to produce self-produced aluminum-plastic film products with greater price advantages.

The demand scale of the mainland aluminum-plastic film industry

2024 application market research and prospect development forecast in the downstream segments of the aluminum-plastic film industry

2. Application prospects of downstream market segments of the aluminum-plastic film industry

Aluminum-plastic film accompanied by pouch lithium batteries is widely used in consumer electronics, new energy vehicles, military, medical, power tools and other industries. Since 2020, the mainland has actively introduced a number of policies to stimulate consumption, the domestic demand market has grown steadily, and the demand for lithium battery market has increased rapidly. According to the data, China's lithium battery shipments will be 886GWh in 2023, a year-on-year increase of 35%. The downstream market of lithium batteries can be further subdivided into 3C digital, power and energy storage fields. Specifically, the penetration rate of pouch lithium batteries in the 3C digital field is the highest, and the market is already in a period of flat growth, the penetration rate of the power field has increased significantly, and the market is in an explosive period, and the penetration rate of the energy storage field is low, and the market is in the early stage of development.

(1) 3C digital field

Pouch batteries were mainly used in the 3C digital field at the beginning, and with the rapid development of the internal integration process of digital batteries, the penetration rate has been at a high level. With the increasing demand for high battery life and portability in consumer electronics, downstream battery manufacturers have put forward higher requirements for battery capacity, design flexibility and cycle life, and it is expected that the penetration rate of pouch batteries in the smartphone, tablet and smart wearable device markets will continue to increase.

Data shows that in 2022, the global shipments of small pouch lithium-ion batteries will be 5.63 billion, a year-on-year decrease of 8.9%, and the shipments of small pouch lithium-ion batteries will decline year-on-year for the first time in recent years. However, due to the sharp rise in raw material prices, the price increase of small pouch lithium-ion batteries has driven the market size of the entire small pouch lithium battery industry to increase slightly year-on-year. With the continuous expansion of consumer lithium-ion battery application scenarios and the acceleration of product technology update and iteration, the consumer lithium-ion battery market will resume stable growth.

1) Smartphones

The penetration rate of traditional consumer electronics products has remained high in recent years, the market tends to be saturated, and the growth rate of shipments has slowed down or declined slightly. Global smartphone shipments in 2023 will be 1.17 billion units.

2) Tablets

In 2020 and 2021, tablet shipments will pick up significantly, reaching 164 million units and 168 million units, respectively, which is due to the demand for online office and online education, driving the release of upstream tablet shipments. Due to the habit of using online office and online courses is expected to be partially retained in the future, it is expected that tablet shipments are expected to remain stable in the later period. Tablet shipments in 2022 were 163 million units. For the full year of 2023, the global tablet market shipped about 137 million units.

3) Smart wearables

Although the traditional consumer electronics industry has entered a period of steady growth, emerging 3C products represented by drones, smart wearable devices, wireless Bluetooth speakers, entertainment robots, etc., have brought new vitality to the growth of the industry. The expansion of the emerging electronic product market will drive the growth of demand for high-end lithium batteries, and the application of aluminum plastic film in this field can be expected to grow in the future.

(2) Power field

1) The penetration rate of soft-pack power batteries has increased

In 2023, the cumulative sales of new energy vehicles in the world will be 13.74 million, a year-on-year increase of 36%, and the installed capacity of power batteries will be about 707.2GWh, a year-on-year increase of 42%. The specific rankings are as follows:

Global power battery TOP10 share

The power battery industry takes innovation as the driving force for development, and a variety of technical paths coexist in the industry. As the current technical routes are still in the development stage, they can adapt to different application scenarios, there is no absolute superiority and disadvantage, in order to improve their market competitiveness, power battery manufacturers often carry out different types of power battery research and development, production and sales at the same time. Compared with overseas markets, the penetration rate of pouch cells in the domestic market is low, which is mainly affected by cost and production technology. With the continuous advancement of independent production in the aluminum-plastic film industry in recent years, the cost of independent production of aluminum-plastic film can be further reduced, thereby reducing the cost of domestic pouch batteries and increasing their market share.

(2) On the demand side, the new energy vehicle industry is booming

The "New Energy Vehicle Industry Development Plan (2021-2035)" proposes that by 2030, new energy vehicles will form a competitive advantage in the market, with sales accounting for 40% of the total vehicle sales in that year, and 70% of the sales of conditionally autonomous intelligent networked vehicles. Driven by favorable policies, new energy vehicles in mainland China have entered the growth period from the "cultivation period", and the production and sales volume have been rising. In FY 2023, Continental's automobile production and sales will be 30.161 million units and 30.094 million units, respectively, an increase of 11.6% and 12% year-on-year, respectively.

The Ministry of Industry and Information Technology, the National Development and Reform Commission, and the Ministry of Science and Technology jointly issued the "Medium and Long-term Development Plan for the Automobile Industry", which requires the mainland's new energy vehicle industry: by 2025, the specific energy of the power battery system of new energy vehicles should reach 350Wh/kg. At this stage, the average system specific energy of the mainstream mass production of pouch power batteries has reached 260Wh/kg, which is higher than that of cylindrical batteries and prismatic batteries, and has become one of the product systems that is most expected to meet the energy density requirements of national power batteries in the existing battery material technology. At present, a number of mainstream electric vehicle companies in China have also begun to deploy soft-pack power battery models, including Dongfeng, BAIC New Energy, BYD, etc. The demand for pouch lithium batteries is on the rise, so the application of aluminum plastic film in the field of power batteries will be further deepened in the future.

(3) Technological innovation increases the application scenarios of pouch cells

According to the packaging method and shape of the battery, it can be divided into pouch battery, prismatic battery, cylindrical battery, etc., and according to the type of cathode material, it can be mainly divided into ternary material battery, lithium iron phosphate battery, etc. At present, the power battery industry at home and abroad is in the stage of coexistence of a variety of technical routes, and the mainstream application technologies mainly include ternary pouch batteries and lithium iron phosphate prismatic batteries. Since 2020, lithium iron phosphate batteries have been significantly improved in terms of energy density through the development of CTP and other technologies, and their lower cost has been superimposed, so the market share has gradually expanded, and many domestic hot-selling models use lithium iron phosphate batteries, such as BYD "Han" EV, BYD DM-i model, Tesla Model3/Y, Wuling miniEV, etc.

The pouch battery cell uses aluminum-plastic film as the packaging material, which is easy to be punctured in extreme situations, so it is necessary to add a metal protective layer to give more protection in the battery pack link, resulting in low group efficiency. In January 2021, BYD (002594. SZ) released the DM-i super hybrid special power blade battery, which applies aluminum plastic film to lithium iron phosphate batteries, and the technology specifically adopts the innovative structural design of "coil core soft aluminum packaging + blade duralumin shell", the winding method can improve the volume utilization rate, and the secondary sealing can improve safety. Based on this technological innovation, the good development momentum of lithium iron phosphate batteries will drive the sustained and rapid development of the aluminum-plastic film industry, and the continuous innovation of downstream lithium battery manufacturers at the technical level can increase the application scenarios of aluminum-plastic film while improving the energy density and comprehensive performance of the battery.

3. Energy storage

Energy storage is an important part of the mainland's strategic emerging industries, and in recent years, the acceleration of relevant incentive policies has paved the way for the development of the energy storage industry and promoted the industry to enter the stage of large-scale development. In March 2016, "the development of energy storage and distributed energy" was included in the top 100 projects of the mainland's "13th Five-Year Plan", and energy storage entered the national development plan for the first time. Since then, in the "13th Five-Year Plan for the Development of National Strategic Emerging Industries", "Made in China 2025 - Energy Equipment Implementation Plan", "Energy Technology Revolution and Innovation Action Plan (2016-2030)", "National Innovation-Driven Development Strategy Outline" and other major national development strategies and plans issued by the State Council and various ministries and commissions over the years, tasks and goals such as "accelerating the development of efficient energy storage", "overcoming key technologies for energy storage" and "actively promoting the research and development and application of energy storage technology" have been clearly proposed.

Energy storage plays an important role in regulating the peak of electricity consumption and improving electricity efficiency, and plays an important role in promoting the transformation of the energy structure to low-carbon. Energy storage methods mainly include physical energy storage and chemical energy storage, about 90% of which are pumped storage in physical energy storage, but such technologies are greatly limited by geographical factors, while electrochemical energy storage has the characteristics of not being limited by geographical factors and strong rapid response ability, which is being deployed on a large scale and is expected to gradually become the mainstream energy storage method. According to the "Guiding Opinions on Accelerating the Development of New Energy Storage" issued by the National Development and Reform Commission and the National Energy Administration, the installed capacity of new energy storage in China will reach more than 30GW in 2025, and the new energy storage will be transformed from the initial stage of commercialization to large-scale in the next five years, and the comprehensive market-oriented development of new energy storage will be realized by 2030. At present, electrochemical energy storage is widely used in lead-acid batteries, flow batteries, lithium batteries, and sodium-sulfur batteries. Among them, lithium batteries have a high energy density, up to 200-500Wh/L, and have the characteristics of long cycle life and green environmental protection, so they have strong advantages in various electrochemical energy storage technologies.

For more industry information, please refer to the "2024-2030 Aluminum-plastic Film Industry Chain Subdivision Product Research and Prospect Research and Forecast Report" of PwC Consulting, and PwC Consulting also provides special market research projects, industrial research reports, industrial chain consulting, project feasibility study reports, specialized and special new small giant certification, market share reports, 15th Five-Year Plan, post-project evaluation reports, BP business plans, industrial maps, industrial planning, blue white papers, national manufacturing single champion enterprise certification, IPO fundraising feasibility study, IPO working paper consulting and other services.

Table of Contents:

Chapter 1 2018-2023 China aluminum-plastic film industry chain research

Section 1 Analysis of the upstream and downstream industrial chain of China's aluminum-plastic film industry

1. Introduction to the principle of the industrial chain model

2. Analysis of the industrial chain structure of the aluminum-plastic film industry

Section 2 Upstream Industry Development and Prospect Forecast of China's Aluminum-plastic Film Industry

1. Introduction of the main upstream products

2. Analysis of the supply situation of major upstream industries

3. Supply forecast and analysis of major upstream industries from 2024 to 2030

Fourth, the price analysis of major upstream industries

5. Price forecast and analysis of major upstream industries from 2024 to 2030

Section 3 Development and prospect forecast of downstream industries of China's aluminum-plastic film industry

1. Structure diagram of downstream application fields

2. Analysis of the application fields of downstream market segments

1. Market analysis of aluminum-plastic film for 3C digital field

(1) The status quo of industry development

(2) The scale of demand

(3) Demand outlook forecast

2. Analysis of the market of aluminum-plastic film for the power industry

(1) The status quo of industry development

(2) The scale of demand

(3) Demand outlook forecast

3. Market analysis of aluminum-plastic film for energy storage industry

(1) The status quo of industry development

(2) The scale of demand

(3) Demand outlook forecast

4. Market analysis of aluminum-plastic film for other industries

(1) The status quo of industry development

(2) The scale of demand

(3) Demand outlook forecast

Chapter 2 Analysis of the market development status of the global aluminum-plastic film industry

Section 1 Analysis of the development scale and current situation of the global aluminum-plastic film industry

Section 2 Global aluminum-plastic film industry market competition and regional distribution

Section 3 Regional Market Analysis of Asian Aluminum-plastic Film Industry

1. Analysis of the market status of Asian aluminum-plastic film industry

2. Analysis of the market size of Asia's aluminum-plastic film industry

3. Forecast and analysis of the prospects of Asia's aluminum-plastic film industry from 2024 to 2030

Section 4 Regional Market Analysis of North American Aluminum-plastic Film Industry

1. Analysis of the market status of the North American aluminum-plastic film industry

2. Analysis of the market size of the North American aluminum-plastic film industry

3. Forecast and analysis of the prospects of the North American aluminum-plastic film industry from 2024 to 2030

Section 5 Regional Market Analysis of European Aluminum-plastic Film Industry

1. Analysis of the market status of the European aluminum-plastic film industry

2. Analysis of the market size of the European aluminum-plastic film industry

3. Forecast and analysis of the prospects of the European aluminum-plastic film industry from 2024 to 2030

Section 6 Analysis of Other Regions

Section 7 2024-2030 Global Aluminum-plastic Film Industry Scale and Trend Forecast

Chapter 3 Environmental Analysis of the Development of China's Aluminum-plastic Film Industry

Section 1 Analysis and Forecast of China's Macroeconomic Environment

1. Analysis of domestic economic development

2. Forecast of economic trends

Section 2 Analysis of the policy environment of China's aluminum-plastic film industry

1. Analysis of the industry regulatory system

2. Major laws, regulations, policies and development plans

3. Analysis of the impact of national policies on the development of the industry

Section 3 Analysis of the social environment development of China's aluminum-plastic film industry

1. Analysis of the development status of the industry

2. Analysis of the development of the social environment of the aluminum-plastic film industry

3. The impact of the social environment on the industry

Section 4 Analysis of the technical environment of China's aluminum-plastic film industry

1. Analysis of the current situation and characteristics of industry technology

2. Prediction of industry technology development trends

Chapter 4 2018-2023 operation of China's aluminum-plastic film industry

Section 1 Analysis of the development factors of China's aluminum-plastic film industry

1. Analysis of favorable factors in the aluminum-plastic film industry

2. Analysis of unfavorable factors in the aluminum-plastic film industry

Section 2 Analysis of the market size of China's aluminum-plastic film industry

Section 3 Analysis of the supply situation of China's aluminum-plastic film industry

Section 4 Analysis of the demand of China's aluminum-plastic film industry

Section 5 Analysis of the balance of supply and demand in China's aluminum-plastic film industry

Section 6 Analysis of the development trend of China's aluminum-plastic film industry

Section 7 Analysis of the main entry barriers of China's aluminum-plastic film industry

Section 8 The development status and prospects of China's aluminum-plastic film industry market segments

Chapter 5 Monitoring of the operation data of China's aluminum-plastic film industry

Section 1 Analysis of the overall scale of China's aluminum-plastic film industry

Section 2 Analysis of production, sales and cost of China's aluminum-plastic film industry

1. Analysis of finished products in the industry

2. Analysis of industry sales revenue

3. Analysis of the total asset-liability ratio of the industry

Fourth, the analysis of the profit scale of the industry

5. Analysis of the total output value of the industry

Sixth, the industry cost of sales analysis

7. Analysis of industry sales expenses

8. Analysis of industry management expenses

9. Analysis of industry financial expenses

Section 3 Analysis of financial indicators of China's aluminum-plastic film industry

1. Industry profitability analysis

2. Analysis of the solvency of the industry

3. Analysis of industry operating capabilities

Fourth, the analysis of industry development capabilities

Chapter 6 Analysis of China's aluminum-plastic film market pattern from 2018 to 2023

Section 1 Analysis of the concentration of China's aluminum-plastic film industry

1. Analysis of market concentration in China's aluminum-plastic film industry

2. Analysis of the regional concentration of China's aluminum-plastic film industry

Section 3 Problems and countermeasures in China's aluminum-plastic film industry

Section 4 Analysis of the market competitiveness of Chinese and foreign aluminum-plastic film industry

Section 5 Analysis of the competition pattern of the aluminum-plastic film industry

Chapter 7 Analysis of the price trend of China's aluminum-plastic film industry

Section 1 Analysis of price influencing factors in aluminum-plastic film industry

Section 2 Analysis of the price status of China's aluminum-plastic film industry from 2018 to 2023

Section 3 2024-2030 price trend forecast of China's aluminum-plastic film industry

Chapter 8 Analysis of the regional market status of China's aluminum-plastic film industry from 2018 to 2023

Section 1 Regional market size distribution of China's aluminum-plastic film industry

Section 2 Analysis of the Aluminum Plastic Film Market in East China

1. Overview of East China

2. Analysis of the supply and demand and scale of the aluminum-plastic film market in East China

3. Forecast of the aluminum-plastic film market in East China from 2024 to 2030

Section 3 Market Analysis in Central China

1. Overview of Central China

2. Analysis of the supply and demand and scale of the aluminum-plastic film market in Central China

3. Forecast of the aluminum-plastic film market in Central China from 2024 to 2030

Section 4 Market Analysis in South China

1. Overview of South China

2. Analysis of the supply and demand and scale of the aluminum-plastic film market in South China

3. Forecast of the aluminum-plastic film market in South China from 2024 to 2030

Section 5 Market Analysis in North China

1. Overview of North China

2. Analysis of the supply and demand and scale of the aluminum-plastic film market in North China

3. Forecast of the aluminum-plastic film market in North China from 2024 to 2030

Section 6 Market Analysis in Northeast China

1. Overview of the Northeast region

2. Analysis of the supply and demand and scale of the aluminum-plastic film market in Northeast China

3. Forecast of the aluminum-plastic film market in Northeast China from 2024 to 2030

Section 7 Market Analysis in Northwest China

1. Overview of the Northwest Territories

2. Analysis of the supply and demand and scale of the aluminum-plastic film market in Northwest China

3. Forecast of the aluminum-plastic film market in Northwest China from 2024 to 2030

Section 8 Market Analysis in Southwest China

1. Overview of the Southwest Region

2. Analysis of the supply and demand and scale of the aluminum-plastic film market in southwest China

3. Forecast of the aluminum-plastic film market in Southwest China from 2024 to 2030

Chapter 9 Competition in China's aluminum-plastic film industry from 2018 to 2023

Section 1 Analysis of the competitive structure of China's aluminum-plastic film industry

1. Competition among existing enterprises

2. Analysis of potential entrants

III. Substitute Substitute Weiwei Analysis

Fourth, the bargaining power of suppliers

Fifth, the bargaining power of customers

Section 2 SWOT analysis of China's aluminum-plastic film industry

1. Analysis of industry advantages

2. Analysis of industry disadvantages

3. Industry opportunity analysis

Fourth, industry threat analysis

Chapter 10 Analysis of key enterprises in the aluminum-plastic film industry from 2018 to 2023

Section 1 Enterprise A

First, the company profile

Second, the main products of the enterprise

Third, the main economic indicators of the enterprise