Global Battery Materials Market Size, Share, Forecast 2021 – 2030
The Global Battery Materials Market is expected to reach USD 105.9 Billion by 2030, at a CAGR of 9.1% during the forecast period 2022 to 2030. To address climate change, the world is rapidly transitioning to electric vehicles. As a result of the potential for electric car fleet and battery chemistry innovations, in addition to second-use and recycling of electric vehicle batteries, future demand for key battery materials is experiencing exponential growth.