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Battery Materials Size, Share & Trends Analysis Report By Manufacturers, Application, Type And Segment Forecasts, 2021-2026

  Battery materials demand continues to grow at a sturdy pace. The battery industry is unlike to face any major headwinds in the medium term. Several factors can be linked with the exponential growth of battery materials market. Emergence of China as a manufacturing hotspot has reflected favourably on the battery industry. Demand for primary and secondary batteries has increased significantly owing to the introduction of a wide range of portable electronic devices such as smartphones, tablets, laptops etc. Growth of the battery materials market can also be linked with socio-economic factors such as robust industrialization in fast-developing countries, rising vehicle parc, and increasing disposable income. Market Research Future (MRFR) projects that global battery materials market will exhibit a strong growth over the next five years. The focus remains on development of high-performance batteries, which is also driving innovation in battery materials. Battery performance is measured