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As per a recent study released by Intent Market Research, the global market for Lithium-Ion Battery Materials is projected to expand significantly. From its valuation of USD 48.6 billion in 2023, the market is anticipated to reach USD 120.34 billion by 2030, reflecting a Compound Annual Growth Rate (CAGR) of 13.8% throughout the forecast duration. The surge in the utilization of Lithium-Ion Battery Materials across diverse sectors including automotive, household appliances, consumer electronics, grid storage, telecommunication, and more is expected to propel the market's growth.
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Usage-Based Insurance
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