Lead Acid Battery Market to hit $80 billion by 2027, Says Global Market Insights Inc.
Lead Acid Battery Industry is expected to register more than 4.5% CAGR between 2021 and 2027, supported by growing demand for high energy density battery units.
Selbyville, Delaware, March 17, 2021 (GLOBE NEWSWIRE)
The lead acid battery
market value is projected to cross USD 80 Billion by 2027, as reported in the latest study by Global Market Insights Inc. Growing demand for energy storage devices with high energy density coupled with rising preference of personal automobile will positively impact the adoption of lead acid batteries across the globe.
Superior cranking performance and high-power delivery are few of the prominent features offered by the lead acid batteries, proliferating its demand across stationary applications. The batteries comprise of sponge metallic lead anode, lead oxide cathode and an electrolyte of sulfuric acid solution, which allows the battery to be recharged and o
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
KOTA KINABALU: South Korean company SK Nexilis is injecting investment worth RM2.3bil into Sabah to set up its first overseas copper foil manufacturing plant here.
Chief Minister Datuk Seri Hajiji Noor announced this on Friday (March 5) after receiving a courtesy call from the company s entourage led by its vice president Lee Hyun Woo at Sri Gaya here.
Hajiji, who is also state Finance Minister, assured the visitors that the state government would provide all necessary assistance to facilitate the company s investment here.
SK Nexilis, a subsidiary of South Korean Fortune 500 company SKC Co, plans to build the facility at Kota Kinabalu Industrial Park (KKIP), creating 400 job opportunities.
12/02/2021 - 11:28
Bharat Book Bureau Provides the Trending Market Research Report on “Global Copper Foil Market Size study, by Product type (Rolled Copper Foil, Electrodeposited Copper Foil), by Industry Terrain (Electromagnetic Shielding, Lithium-ion Batteries, Printed Circuit Boards) by Application (Electrical & Electronics, Building & Construction, Industrial Equipment and Others) and Regional Forecasts 2020-2027”under Chemical & Materials Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
Global Copper Foil Market is valued approximately at USD 12.4 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.2% over the forecast period 2020-2027. Copper foil is a kind of metal tape, used for electromagnetic shielding, which is divided into electric signal shielding and magnetic signal shielding. The foil has low surface oxygen that can be attached to a variety of diffe
Share this article
Share this article
ResearchAndMarkets.com s offering.
The Global Copper Foil Market crossed the USD 10 billion value and amounted to 177.25 thousand tonnes in the year 2019.
Global Copper Foil industry is facing supply-demand imbalance with low production capacity of copper foil, mainly because of the huge demand from secondary batteries.
Further, the growing demand for electric vehicles on account of rising crude oil prices, rapid development in the electrical and electronic industry, and a surge in automotive production are the factors that drive the market growth. Moreover, the increasing adoption of copper foils in the manufacturing of printed circuit boards (PCBs) and lithium-ion batteries is expected to offer lucrative opportunities to the manufacturers of copper foils.