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Battery demand surges. Lithium batteries account for 10% -30% of e-cigarette costs

by linbin on May 13, 2020
Lithium batteries account for 10% -30% of the cost of lookah glass. Driven by market demand, the lithium battery companies for lookah glass have also ushered in the limelight.

  The deadline for submitting PMTA in the US is coming, and it is expected that there will be a large demand for lookah glass production in the short term.

  According to the US PMTA (Tobacco Premarketing Application) policy, after February 15, 2007, any new tobacco products legally listed in the US must submit an application and be approved by the FDA. After the applicant submits the application, it can continue to sell the product for one year, or until the product is approved or rejected (whichever comes first).
lookah glass
  According to the latest regulations, the deadline for submitting PMTA to the FDA is May 12, 2020.

  As the deadline approaches, the lookah glass brand may actively use short-term policy windows to stock up, and lookah glass manufacturers are also expected to meet mass production needs.

  What is the market size of lookah glass?

  Data show that in 2019, global sales of lookah glass (excluding heating and non-burning) were about 33 billion U.S. dollars, a year-on-year increase of 106.2%, a 14-fold year-on-year increase of 2.2 models. In 2012, it was 1 billion U.S. dollars. Among them, China ranked fifth in the US with $ 1.61 billion in domestic sales in 2019.

  In terms of lookah glass manufacturing, in 2019, the market size of China's lookah glass industry is 787 million U.S. dollars, of which exports are 626 million U.S. dollars. , Over 90% of the global lookah glass products come from China.

  Among them, lithium batteries account for 10% -30% of the cost of lookah glass. Driven by market demand, the lithium battery companies for lookah seahorse coil also ushered in the limelight.

  A few days ago, many lookah glass manufacturers have said that the supply of lookah glass batteries is in short supply, and many companies have a surge in demand for lookah seahorse coil batteries. They are actively looking for sources of supply and even book in advance.

  At present, the companies that participate in the operation of lithium batteries for lookah glass include Penghui batteries, Yiwei lithium energy, smart key technology, Yinghe technology, Yingqu technology, etc.

  The high-tech lithium battery learned in the tenth anniversary tour that the smart key technology is mainly engaged in small flexible packaging polymer batteries. At present, the smart key technology focuses on the Bluetooth headset and lookah glass markets. Han Yanqing, general manager of smart key technology, introduced that its production capacity can reach 100,000 pieces / day. Since the beginning of the year, the demand for batteries for lookah glass has increased significantly.

  Penghui Energy has business cooperation with many lookah glass customers at home and abroad such as Mcwell, Heyuan Technology, etc. At present, lookah bong primary batteries are in mass production, of which the cylinder models are 08570, 08400, 13300 and so on.
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