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Stock impact report

Global Cathode Materials Market Analysis Report 2024-2028: Growing Investments in the Renewable Energy Sector and Accelerating Demand for Batteries Bodes Well for the Sector [Yahoo! Financ...

POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of) (PKX) 
Company Research Source: Yahoo! Finance
Type, Application & Region): Insights & Forecast with Potential Impact of COVID-19 (2024-2028)" report has been added to ResearchAndMarkets.com's offering. The global cathode materials market is expected to record a value of US$25.75 billion in 2028, progressing at a CAGR of 6.10%, over the period 2024-2028 Factors such as rising usage of batteries in consumer electronic products, growing investments in renewable energy sector, increasing use of industrial robots, surging adoption of electric vehicles and expanding urbanization. However, the market growth would be challenged by lack of raw material availability, developmental issues in cathode materials for li-ion batteries and stringent safety regulations for batteries through storage and transportation. A few notable trends include mounting environmental concerns, accelerating demand for batteries and increasing government initiatives for ban on ICE vehicles. The global market has been segmented on the basis of material, bat Show less Read more
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