Market Overview:
The global battery caps market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for batteries in telecom & data communication, industrial equipment, grid-level energy storage, and other applications. In terms of type, the plastic segment is expected to lead the global battery caps market during the forecast period. This can be attributed to its properties such as light weight and resistance against corrosion. In terms of application, the telecom & data communication segment is expected to lead the global battery caps market during the forecast period.
Product Definition:
Battery caps are important because they keep the acid in the battery and also keep out water and other contaminants.
Plastic:
Plastic is a versatile material, which can be molded into various shapes and sizes. It has been used in making caps for batteries since the past century. The growth factor of plastic in battery caps market is driven by factors such as low cost, high mechanical strength, durability and flexibility among others.
Rubber:
Rubber is a material that exhibits elasticity and has the ability to deform permanently when stretched. The two major types of rubber include natural and synthetic. Natural rubber or latex is obtained from the sap of Rubber tree while synthetic type is manufactured by chemical synthesis. They are used in battery caps for protection against leakage, short circuits, overcharging & undercharging, high/low temperature conditions as well as for providing an insulation barrier to prevent heat loss from inside the battery pack to outside environment.
Application Insights:
The grid-level energy storage segment is projected to witness significant growth over the forecast period owing to the growing need for managing and minimizing power system volatility. The increasing number of renewable energy projects, particularly in North America and Europe, are expected to drive demand for batteries in grid-level energy storage applications.
Telecom & data communication application is estimated to be one of the prominent segments with a revenue share of around 24% by 2030. Rapidly expanding telecom sector in Asia Pacific coupled with rising demand for data communication services is anticipated fuel product demand over the forecast period.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for batteries in various applications including UPS, telecom & data communication, and industrial equipment. Increasing penetration of renewable energy technologies such as solar and wind power in countries such as China and India are expected to drive product demand across grid-level energy storage systems application segment over the next eight years.
The European battery cap industry is projected to witness moderate growth owing to stringent government regulations regarding pollution levels coupled with high manufacturing standards associated with caps used across major industries including automotive, aerospace & defense, computing & electronics among others. North America region accounted for a revenue share of 22% in 2017 owing to growing technological advancements along with increased focus on developing alternative sources of renewable energy that would reduce reliance on conventional fossil fuel based electricity generation plants leading toward reducing carbon footprint thereby driving product adoption across several end-use segments over the forecast period.
Growth Factors:
- Increasing demand for electric vehicles
- Growing demand from the renewable energy sector
- Rising concerns over climate change and air pollution
- Stringent government regulations on emissions and fuel economy standards
- Advances in battery technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Battery Caps Market Research Report
By Type
Plastic, Rubber, Others
By Application
Telecom & Data Communication, Uninterruptible Power Supply (UPS), Industrial Equipment, Grid-Level Energy Storage, Others
By Companies
JK Ceraplast, Doyle Shamrock, Flow Systems，Inc, Battery Caps, Gem Manufacturing, Wilmington Instrument Co., Battery Watering Technologies, The National Die Co., Knight Manufacturing Co., ITW Highland, JK Ceraplast, Demsey Mfg.Co.，Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Battery Caps Market Report Segments:
The global Battery Caps market is segmented on the basis of:
Types
Plastic, Rubber, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Telecom & Data Communication, Uninterruptible Power Supply (UPS), Industrial Equipment, Grid-Level Energy Storage, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- JK Ceraplast
- Doyle Shamrock
- Flow Systems，Inc
- Battery Caps
- Gem Manufacturing
- Wilmington Instrument Co.
- Battery Watering Technologies
- The National Die Co.
- Knight Manufacturing Co.
- ITW Highland
- JK Ceraplast
- Demsey Mfg.Co.，Inc
Highlights of The Battery Caps Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plastic
- Rubber
- Others
- By Application:
- Telecom & Data Communication
- Uninterruptible Power Supply (UPS)
- Industrial Equipment
- Grid-Level Energy Storage
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Battery Caps Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Battery caps are a type of safety device that is used on batteries to help prevent them from being discharged and causing a fire.
Some of the major companies in the battery caps market are JK Ceraplast, Doyle Shamrock, Flow Systems，Inc, Battery Caps, Gem Manufacturing, Wilmington Instrument Co., Battery Watering Technologies, The National Die Co., Knight Manufacturing Co., ITW Highland, JK Ceraplast, Demsey Mfg.Co.，Inc.
The battery caps market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Battery Caps Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Battery Caps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Battery Caps Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Battery Caps Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Battery Caps Market Size & Forecast, 2020-2028
4.5.1 Battery Caps Market Size and Y-o-Y Growth
4.5.2 Battery Caps Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Plastic
5.2.2 Rubber
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Telecom & Data Communication
6.2.2 Uninterruptible Power Supply (UPS)
6.2.3 Industrial Equipment
6.2.4 Grid-Level Energy Storage
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Battery Caps Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Battery Caps Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Plastic
9.6.2 Rubber
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Telecom & Data Communication
9.10.2 Uninterruptible Power Supply (UPS)
9.10.3 Industrial Equipment
9.10.4 Grid-Level Energy Storage
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Plastic
10.6.2 Rubber
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Telecom & Data Communication
10.10.2 Uninterruptible Power Supply (UPS)
10.10.3 Industrial Equipment
10.10.4 Grid-Level Energy Storage
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Plastic
11.6.2 Rubber
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Telecom & Data Communication
11.10.2 Uninterruptible Power Supply (UPS)
11.10.3 Industrial Equipment
11.10.4 Grid-Level Energy Storage
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Plastic
12.6.2 Rubber
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Telecom & Data Communication
12.10.2 Uninterruptible Power Supply (UPS)
12.10.3 Industrial Equipment
12.10.4 Grid-Level Energy Storage
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Plastic
13.6.2 Rubber
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Telecom & Data Communication
13.10.2 Uninterruptible Power Supply (UPS)
13.10.3 Industrial Equipment
13.10.4 Grid-Level Energy Storage
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Battery Caps Market: Competitive Dashboard
14.2 Global Battery Caps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JK Ceraplast
14.3.2 Doyle Shamrock
14.3.3 Flow Systems，Inc
14.3.4 Battery Caps
14.3.5 Gem Manufacturing
14.3.6 Wilmington Instrument Co.
14.3.7 Battery Watering Technologies
14.3.8 The National Die Co.
14.3.9 Knight Manufacturing Co.
14.3.10 ITW Highland
14.3.11 JK Ceraplast
14.3.12 Demsey Mfg.Co.，Inc
