Market Size – USD 17.80 billion in 2019, Market Growth - CAGR of 6.1%, Market Trends –Growing demand for cathode materials based lithium-ion batteries in the automotive industries.

The growth of the market is attributed to the requirement of better performing ICs and increase in demand for AI and machine learning.

The increasing demand for mobility, growing focus on data applications and services, and rising digital technology advancements are driving the demand for the market.

Market Size – USD 525.37 billion in 2019, Market Growth - CAGR of 11.3%, Market Trends – Increasing prevalence of chronic disorders.