Battery Electrolyte Global Market Report 2022: Rising Demand for Lithium-Ion Batteries Fuels Growth
Lithium-based battery technology currently dominates the battery electrolyte market for most applications in 2021, with EVs projected to consume approximately 225 GWh of capacity.
- Lithium-based battery technology currently dominates the battery electrolyte market for most applications in 2021, with EVs projected to consume approximately 225 GWh of capacity.
- The market is experiencing revenue growth due to rising research and development (R&D) activities and demand for lithium-ion battery electrolytes.
- The global battery electrolyte market is segmented into lithium-ion, lead acid, flow battery, and others based on battery type.
- The market is categorized into three segments based on electrolyte type: liquid electrolyte, solid-state electrolyte, and gel electrolyte.