
March 3, 2025
Battery Materials Market Cost Structure & Profitability Outlook 2032
The global battery materials market size was USD 47.75 billion in 2019 and is projected to reach USD 60.61 billion by 2027, exhibiting a CAGR of 5.9% during the forecast period. This is attributable to the increasing demand for electric vehicles and the favorable government regulations that promote the adoption of green energy sources that will favor…