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Worldwide Battery Metals Industry to 2027 – Opportunity Analysis and Forecast – ResearchAndMarkets.com - Vimarsana News

Worldwide Battery Metals Industry to 2027 – Opportunity Analysis and Forecast – ResearchAndMarkets.com

Posted on 310 ResearchAndMarkets.com’s offering. The global battery metals market was valued at $11. 3 billion in 2019, and is projected to reach $20. 5 billion by 2027, growing at a CAGR of 8. 2% from 2020 to 2027. Battery metals are the raw materials used in the production of batteries such as lithium, nickel, cobalt, manganese, and graphite. These battery metals are increasingly used in batteries for electric vehicles, consumer electronics, and other applications. Lithium metals are extracted from the brines and hard rock depo...