Battery Raw Materials Market Share, Rising Demand And Forecast To 2025 : Grand View Research Inc.
San Francisco, 11 December 2019: The Report Battery Raw Materials Market Analysis Report By Li-Ion Battery Material (Cathode, Anode, Separator), By Lead Acid Battery Material, By Application, By Region, And Segment Forecasts, 2018 – 2025 The global battery raw materials market size is expected to reach USD 68.57 billion by 2025 at a 7.4% CAGR during the forecast period, according to a new report by Grand View Research, Inc. The industry is anticipated to grow on account of technological advancements and innovations in batteries used in external power generating systems. Battery manufacturers lay greater emphasis on sourcing materials with mining and processing of raw materials undertaken by major companies operating in the market. The industry is characterized by presence of stringent regulatory framework with regulations imposed on mining, processing, assembling, packaging, shipping, and waste disposal. Rechargeable lithium ion batteries are...