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Stock impact report

Flow Battery Market by Offering, Battery Type, Material, Ownership, Application, End User - Global Forecast to 2031 [Yahoo! Finance]

ESS Tech, Inc. (GWH) 
Company Research Source: Yahoo! Finance
Batteries, Zinc-Bromine Flow Batteries), Material, Ownership, Application, End User (Utilities, Commercial & Industrial), and Geography - Forecast to 2031" report has been added to ResearchAndMarkets.com's offering. The global flow battery market is projected to reach $1.03 billion by 2031, at a CAGR of 16.5% during the forecast period of 2024-2031 The growth of the flow batteries market is mainly driven by the high demand for flow batteries in utility applications and increasing investments in renewable energy. However, the lack of standardization in the development of flow battery systems and the high initial costs of flow battery manufacturing restrain the growth of this market. Furthermore, technological innovation and the growing demand for backup power among data centers are expected to offer significant growth opportunities for players operating in the flow batteries market. However, the declining rate of flow battery deployment and disruptions in the supply of raw materi Show less Read more
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