Lead Acid Battery Sales to Peak amid Growing EV Popularity: Fact MR Study saltlakecitysun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saltlakecitysun.com Daily Mail and Mail on Sunday newspapers.
FactMR: Lead Acid Battery Sales to Peak amid Growing EV Popularity: Fact.MR Study
Increasing environmental concerns associated with fossil fuel driven cars to shift energy input requirements
ROCKVILLE, MD / ACCESSWIRE / February 3, 2021 / Fact.MR s detailed study on the global lead acid battery market forecasts the landscape to accrue significant gains through 2021, offsetting any recessionary impact sustained throughout the previous year due to the coronavirus pandemic. Growth forecast for the next decade estimates an optimistic trajectory, registering a noteworthy CAGR until 2031.
As per Fact.MR s analysis, the transportation segment is likely to account for nearly two out of five lead acid battery sales, rendering it a promising application area. The trucking industry is especially poised to benefit in the post-pandemic era, with majority of manufacturers relying on road transport to deliver their goods, stimulating an increase in the global truck fleet and subsequent uptake of
Global $75+ Billion Electronic Chemicals and Materials Markets to 2025
January 15, 2021 07:28 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
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The global market for electronic chemicals and materials should grow from $55.5 billion in 2020 to $75.1 billion by 2025, at a compound annual growth rate (CAGR) of 6.2% for the period of 2020-2025.
The report provides an overview of the global market for electronic chemicals and materials and analyzes market trends. Using 2019 as the base year, the report provides estimated market data for the forecast period, from 2020 through 2025. Revenue forecasts for this period are segmented based on product type, application, end-user industry and geography.