Wilmington, Delaware, United States,, Nov. 30, 2022 (GLOBE NEWSWIRE) — Transparency Market Research Inc. – In 2021, the Minerals Market for Lithium Batteries size stood at US$ 14.3 Bn. The global market is anticipated to expand at 15.2% CAGR during the forecast period, from 2022 to 2031. It is estimated that by 2031, the market is expected to touch a value of US$ 58.4 Bn. The demand for minerals required to make lithium batteries is largely driven by the widespread use of lithium batteries in medical devices, electronics, and automotive industries. The automotive industry is likely to account for a considerable Minerals Market for Lithium Batteries share during the forecast period.
Minerals Market for Lithium Batteries analysis elucidates that manufacturers of batteries are concentrating on the production of lithium battery minerals that provide more power, have better power…
Minerals Market for Lithium Batteries to Rise at 15.2% CAGR
