Composite Battery Enclosure Market Share Analysis: Top Companies & Trends 2032 https://dataintelo.com/report/composite-battery-enclosure-market The global Composite Battery Enclosure Market is witnessing significant growth, driven by the increasing adoption of electric vehicles (EVs) and the need for lightweight, durable, and high-performance battery enclosures. As industries strive for enhanced energy efficiency and sustainability, composite materials are gaining traction over conventional metal enclosures due to their superior strength-to-weight ratio and resistance to corrosion. According to DataIntelo’s latest market research report, the global market size for composite battery enclosures is projected to grow from USD 1.6 billion in 2023 to USD 5.8 billion by 2032, reflecting a robust CAGR of 15.3% during the forecast period. The growing investment in renewable energy storage and the rapid expansion of the EV sector are expected to drive market growth further.