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Unleashing the Potential: The Surging Lithium Metal Market and Its Impact on the Energy Revolution
Jul 19th, 2023 · Comments Off on Unleashing the Potential: The Surging Lithium Metal Market and Its Impact on the Energy Revolution
The lithium metal market is projected to grow from USD 2.5 billion in 2023 to USD 6.4 billion by 2028, at a CAGR of 20.4% from 2023 to 2028. The market’s growth is driven by the rising demand for lithium metal in various applications such as anode material, intermediate in the pharmaceutical industry, and metal processing.
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