Global battery metals market value 2019-2027

Published by
Madhumitha Jaganmohan,
Apr 25, 2024
The total global market value of battery metals amounted to an estimated 12.9 billion U.S. dollars in 2020. It is forecast to grow to nearly 18 billion U.S. dollars in 2027.

Battery metals refer to the metals used to manufacture batteries such as electric vehicle (EV) batteries as well as starter, lighting, and ignition (SLI), among other uses. Lithium, cobalt, nickel, and other metals are the main battery metals.

Market size of battery metals worldwide in 2019 and 2020, with a forecast for 2027 (in billion U.S. dollars)

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Release date

June 2020

Region

Worldwide

Survey time period

2019 and 2020

Supplementary notes

*Estimated as of June 2020.
**Forecast at a CAGR of 2.4 percent from 2020 to 2027.

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Statistics on " Battery minerals worldwide "

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Other statistics that may interest you Battery minerals worldwide

Overview

4

Reserves

5

Production

6

Political stability

5

Consumption

6

Electric vehicles

2

Trade and prices

4

Environmental impact

4

Outlook

4

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Battery minerals worldwideNickel mining worldwideLithiumStrategic mineralsCobalt mining industry worldwide
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