#GlobalSupplyChain #Sustainability

The Booming Li‑Ion Pouch Battery Market

1. Market Size & Growth

• The global Li‑Ion pouch battery market is valued at approximately US $69 billion in 2024, projected to nearly $, at a CAGR of around 9.7% dataintelo.com+6factmr.com+6linkedin.com+6.
  
  

• Other forecasts suggest a leap from (2032), at a 10% CAGR linkedin.com+1fairfieldmarketresearch.com+1.
  
  

2. Key Drivers

• EV boom: Rising electric vehicle adoption is a major catalyst, as pouch cells offer high energy density and flexibility ft.com+3linkedin.com+3theaustralian.com.au+3.
  
  

• Portable electronics: Smartphones, tablets, wearables benefit from pouch batteries’ lightweight and design versatility fairfieldmarketresearch.com.
  
  

• Renewable storage: Stationary energy storage systems increasingly favor pouch configurations.
  
  

• Tech innovation: Improvements in chemistry (NMC, LFP), safety, and recyclability also fuel market momentum linkedin.com.
  
  

3. Regional Snapshot

• Asia-Pacific dominates, driving ~54%+ of global share, with East Asia (China, Japan, Korea) leading (~30% share) .
  
  

• South Asia & Pacific (including India) grows fastest—~10% CAGR marketsandmarkets.com+2factmr.com+2globenewswire.com+2.
  
  

• Regions like North America and Europe also see rising adoption, especially via EV and renewable infrastructure sectors linkedin.com+3ft.com+3ft.com+3.
  
  

4. Chemistry Trends & Segment Focus

• Key cell chemistries: NMC, LFP, LCO, LMO, and LTO wsj.com+6linkedin.com+6ft.com+6.
  
  

• LFP is gaining attention due to cost efficiency and safety, especially in EVs ft.com.
  
  

• Segment share estimates:
  
  

• LFP: ~32.9% (2024)
  
  

• Lithium Iron Phosphate considered highest by 2034 (~31.6%) linkedin.com+2factmr.com+2fairfieldmarketresearch.com+2.
  
  

5. Competitive Landscape

• Leading manufacturers include LG Chem, Murata, CATL, Farasis, EVE Energy, Envision, and Gotion linkedin.com.
  
  

• Key strategies: regional plant expansion (e.g., Samsung SDI, LG in Europe & North America), partnerships with auto OEMs theaustralian.com.au+14marketresearchfuture.com+14ft.com+14.
  
  

• Notable development: GM is investing heavily in North American LFP/pouch cell capacity to outcompete Chinese dominance investopedia.com+2ft.com+2reports.valuates.com+2.
  
  

6. Challenges & Opportunities

• Supply chain risks: Volatility in metals (lithium, cobalt, nickel) with periodic oversupply or shortages reuters.com.
  
  

• Regulatory shifts: Emissions targets and battery recycling mandates in Europe and North America pushing adoption .
  
  

• Innovation upside: Advancements in solid-state and ceramic-supported pouch formats could boost performance and safety wsj.com.
  
  

7. Outlook

• Sustained demand driven by EVs, renewables, and electronics.
  
  

• Increased regionalization of supply chain, especially outside China.
  
  

• Chemistry diversification—with LFP and NMC leading the transition.
  
  

• Potential disruption from next-gen tech (solid-state, cell‑to‑pack).
  
  

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