Non-Aqueous Electrolyte Market is Anticipated to Reach USD 12.03 Billion by 2031 [Yahoo! Finance]
Electrovaya Inc. (ELVA)
Company Research
Source: Yahoo! Finance
expected to reach US$ 12.03 Bn by 2031, with a CAGR of 15.9% during the forecast period of 2024-2031. Jersey City, NJ, April 12, 2024 (GLOBE NEWSWIRE) -- The non-aqueous electrolyte is used to describe electrolyte solutions completely devoid of water. It uses organic solvents or molten salts as an alternate solvent to dissolve the electrolyte components, often ions or salts. The demand for non-aqueous electrolytes is expected to surge from end-use industries like energy storage, consumer electronics, and the automotive sector. The increase in vehicle production substantially impacts the expansion of the non-aqueous electrolyte market. At the same time, the increasing demand for lithium-ion batteries is a significant factor propelling the demand for organic and inorganic non-aqueous electrolytes. In addition, the worldwide non-aqueous electrolyte industry faces the problem of price sensitivity, where changes in the cost of raw materials could reduce customer acceptance. Moreover, t
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ELVA
News
- Electrovaya Presenting at the Upcoming EXIM Bank Annual Conference [Yahoo! Finance]Yahoo! Finance
- Electrovaya Presenting at the Upcoming EXIM Bank Annual Conference Accesswire
- Electrovaya Announces date for Q2-2024 Financial Results & Conference Call [Yahoo! Finance]Yahoo! Finance
- Electrovaya Announces date for Q2-2024 Financial Results & Conference Call Accesswire
- Electrovaya signs supply deal with Sumitomo for its lithium-ion battery products Apr. 29, 2024 8:45 AM ET By: Jaskiran Singh , SA News Editor [Seeking Alpha]Seeking Alpha
ELVA
Sec Filings
- 5/6/24 - Form 6-K
- 5/2/24 - Form 6-K
- 4/29/24 - Form 6-K
- ELVA's page on the SEC website