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global-battery-electrolyte-market

The global battery electrolytes market size is accounted to register a significant CAGR of around 8% during the forecast period 2021 to 2027. The rising awareness regarding cleaner transportation and the increasing adoption of electric vehicles are some major factors to drive the market growth. Furthermore, the increasing demand for consumer electronics is further anticipated to boost the market growth over the forecast period. However, the lack of recycling technologies and the high cost of electric vehicles as compared to conventional vehicles are some factors expected to restrain the market

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global-battery-electrolyte-market

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