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ABI Research: 16B ride-hailing trips completed globally in 2017, 24B expected in 2018; 70% in Asia

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A recent mobility study by ABI Research on regional ride-hailing markets found that 16 billion ride-hailing trips were completed worldwide in 2017. In the report, ABI Research analyzed the number of ride-hailing trips completed by users in different regions and evaluated market shares for each region.

Asia 199
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IDTechEX: solid-state battery market will grow to $8B by 2031

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A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. Lithium-ion battery manufacturing has been dominated by East Asia, with Japan, China, and South Korea playing a significant role.

Market 418
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EIA projects nearly 50% increase in world energy usage by 2050, led by growth in Asia

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EIA projects most of this growth will come from regions where the consumption of energy is driven by strong economic growth, particularly in non-OECD Asia. EIA’s annual long-term assessment of world energy markets includes a Reference case and four core side cases, which use different assumptions for the projections in each case.

Asia 220
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GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

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According to GlobalData, the global EV market is expected to grow at a substantial CAGR of 15.6% through to 2022, driven by the growing popularity of EVs across countries in Asia-Pacific (APAC) and Europe. In 2017, 1.1 The largest increase will be in China, which is expected to boost its EV sales from 579,000 in 2017 to 1.5

Global 284
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EIA: Global trade in liquefied natural gas grew by 4.5% in 2021

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Bcf/d, over the past five years (2017–21). Among LNG-importing regions in 2021, only Asia and Latin America increased annual imports: Asia by 2.4 Bcf/d, accounting for 57% of the increase in Asia’s LNG imports. Bcf/d) between 2017 and 2021 as a result of nuclear units coming back online. Bcf/d in Australia, and 1.7

Global 259
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BioAmber and CJ CheilJedang plan JV for bio-succinic acid production in Asia

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Under the terms of the agreement, BioAmber and CJCJ plan to establish a joint venture in China to produce up to 36,000 metric tons of bio-succinic acid annually and commercialize the output in Asia. The goal is to competitively produce bio-succinic acid in China and quickly penetrate the world’s largest succinic acid market.

Asia 150
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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

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Consumption of lithium in rechargeable batteries by end use, 2012-2017, kt LCE. Roskill is an international metals and minerals market research firm. In 2012, East Asia accounted for 60% of total global consumption with Europe accounting for a further 24% and North America 9%. Batteries Forecasts Market Background Materials'

Market 296