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 However, Europe is expected to witness an aggressive expansion in its Li-ion battery and materials manufacturing capacity. It is slated to account for nearly a third of the global Li-ion battery manufacturing capacity by 2027.
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