Advanced Materials for Advanced Batteries and Fuel Cells: Technologies and Global Markets
The global market for advanced battery and fuel cell materials reached $22.7 billion in 2016. The market should reach $32.8 billion by 2022, growing at a compound annual growth rate (CAGR) of 7.6% from 2017 to 2022.
Lead acid battery materials reached $19 billion in 2016. The market should reach $26.9 billion by 2022, growing at a CAGR of 7.3% from 2017 to 2022.
Llithium-ion battery materials reached $611 million in 2016. The market should reach $893 million by 2022, growing at a CAGR of 8.2% from 2017 to 2022.
