Battery Electrolyte Market Size to Surpass USD 27.58 Billion in 2030.
The global Battery Electrolyte Market size was USD 6.56 Billion in 2021 and is projected to grow at a revenue CAGR of 17.3% during the forecast period. This growth is attributed to rising R&D efforts and demand for lithium-ion battery electrolytes. Researchers have discovered a new mechanism to improve battery energy density and meet the demand for high-energy-density storage systems.
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