Frost & Sullivan: Li-ion battery materials market to reach $51.60B by 2027 from $18.75B in 2020; 15.6% CAGR
Green Car Congress
SEPTEMBER 12, 2021
Frost & Sullivan projects that the global Li-ion battery materials market will reach $51.60 billion in 2020 at a 15.6% China leads the demand and supply of all of the key battery materials, accounting for more than 85% of the total global supply of cathode materials, anode materials, electrolytes, and separators.
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