The global market for lithium-ion battery metals was sized at about 14.5 billion U.S. dollars in 2021. The largest end-use segment for the market was the global automotive industry, with the size of over 7.3 billion U.S. dollars that year. It is expected that the lithium-ion battery metal market will reach the size of some 286.1 billion U.S. dollars in 2031, and the automotive segment will be responsible for about a half of this value.
Size of the global market for lithium-ion battery metals in 2021, with a forecast for 2031, by end-use segment
(in million U.S. dollars)
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BIS Research. (May 4, 2023). Size of the global market for lithium-ion battery metals in 2021, with a forecast for 2031, by end-use segment (in million U.S. dollars) [Graph]. In Statista. Retrieved October 07, 2024, from https://www.statista.com/statistics/1383492/global-lithium-ion-battery-metals-market-size-by-segment/
BIS Research. "Size of the global market for lithium-ion battery metals in 2021, with a forecast for 2031, by end-use segment (in million U.S. dollars)." Chart. May 4, 2023. Statista. Accessed October 07, 2024. https://www.statista.com/statistics/1383492/global-lithium-ion-battery-metals-market-size-by-segment/
BIS Research. (2023). Size of the global market for lithium-ion battery metals in 2021, with a forecast for 2031, by end-use segment (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 07, 2024. https://www.statista.com/statistics/1383492/global-lithium-ion-battery-metals-market-size-by-segment/
BIS Research. "Size of The Global Market for Lithium-ion Battery Metals in 2021, with a Forecast for 2031, by End-use Segment (in Million U.S. Dollars)." Statista, Statista Inc., 4 May 2023, https://www.statista.com/statistics/1383492/global-lithium-ion-battery-metals-market-size-by-segment/
BIS Research, Size of the global market for lithium-ion battery metals in 2021, with a forecast for 2031, by end-use segment (in million U.S. dollars) Statista, https://www.statista.com/statistics/1383492/global-lithium-ion-battery-metals-market-size-by-segment/ (last visited October 07, 2024)
Size of the global market for lithium-ion battery metals in 2021, with a forecast for 2031, by end-use segment (in million U.S. dollars) [Graph], BIS Research, May 4, 2023. [Online]. Available: https://www.statista.com/statistics/1383492/global-lithium-ion-battery-metals-market-size-by-segment/