Batteries are necessary equipment in both households and industries, so they are always in demand. Technological advancements ensure the continuous development of new battery-powered equipment and devices; as a result, battery materials are likely to be in high demand in the near future. Li-Air Battery Market can store up to 40 times the charge of a standard Li-Ion battery of comparable weight. Because of their low weight and high energy density, rechargeable Li-O2 batteries are a popular choice for electric vehicles and other portable electronic devices. COVID-19 has had an impact on the global economy, resulting in a significant drop in demand for many key sectors' products and raw materials.