Lucintel’s latest market report analyzed that battery additive provides attractive opportunities in lead-acid, li-ion, and other battery applications. The battery additive market is expected to reach $2.3 billion by 2027 with a CAGR of 9.3%. In this market, lead acid is the largest segment by application, whereas conductive additives is largest by type. Next generation dioxolone additives for high energy lithium-ion batteries and performance carbon additives for high performance batteries provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/battery-additive-market.aspx Based on application, the battery additive market is segmented into lead acid, li-ion, and others. The lead acid segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to growing usage of lead-acid batteries in the automotive and industrial sectors.
Browse in-depth TOC on “Battery Additive Market”
68 – Tables
107 – Figures
205 – Pages
The Battery Additive Market is marked by the presence of several big and small players. Some of the prominent players offering battery additive include Cabot Corporation, 3M, IMERYS, Orion Engineered Carbons, Hammond Group, SGL Carbon, Borregaard, HOPAX, PENOX, ALTANA.
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