The total global market value of battery metals amounted to an estimated 12.9 billion U.S. dollars in 2020. It is forecast to grow to nearly 18 billion U.S. dollars in 2027.
Battery metals refer to the metals used to manufacture batteries such as electric vehicle (EV) batteries as well as starter, lighting, and ignition (SLI), among other uses. Lithium, cobalt, nickel, and other metals are the main battery metals.
Market size of battery metals worldwide in 2019 and 2020, with a forecast for 2027
(in billion U.S. dollars)
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Grand View Research. (June 30, 2020). Market size of battery metals worldwide in 2019 and 2020, with a forecast for 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/1291157/global-battery-metals-market-size/
Grand View Research. "Market size of battery metals worldwide in 2019 and 2020, with a forecast for 2027 (in billion U.S. dollars)." Chart. June 30, 2020. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/1291157/global-battery-metals-market-size/
Grand View Research. (2020). Market size of battery metals worldwide in 2019 and 2020, with a forecast for 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/1291157/global-battery-metals-market-size/
Grand View Research. "Market Size of Battery Metals Worldwide in 2019 and 2020, with a Forecast for 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Jun 2020, https://www.statista.com/statistics/1291157/global-battery-metals-market-size/
Grand View Research, Market size of battery metals worldwide in 2019 and 2020, with a forecast for 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1291157/global-battery-metals-market-size/ (last visited December 26, 2024)
Market size of battery metals worldwide in 2019 and 2020, with a forecast for 2027 (in billion U.S. dollars) [Graph], Grand View Research, June 30, 2020. [Online]. Available: https://www.statista.com/statistics/1291157/global-battery-metals-market-size/
