Market Overview and Growth Outlook The global lithium ion battery materials market reached USD 42.55 billion in 2024, increasing from USD 34.34 billion in 2023. This represented year-over-year growth of 23.9%. The market is projected to reach USD 52.63 billion in 2025 and USD 228.04 billion by 2032. The lithium ion battery materials market is expected to grow at a CAGR of 23.3% during...