Cathode Active Material Market Expected to Witness an Imperishable Growth over 2026
The development of the sustainable energy sources together with deployment of smart energy storage/ conservation technologies have significantly fueled the demand for batteries as an energy storage solution. Additionally, the introduction of electric vehicles is anticipated to be a prominent disruption in the automotive industry. The increasing penetration of electric vehicles across the globe is anticipated to escalate the demand for electric vehicle batteries. This is likely to create lucrative growth opportunities for cathode active material in the near future....
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