Asia-Pacific Dual Carbon Battery Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The market for dual carbon battery in the Asia-Pacific region is expected to grow at a CAGR of approximately 5% during the forecast period of 2020 – 2025. Dual carbon batteries (Dual-Graphite) are the batteries that have both anode and cathode made up of carbon. Fast charging capability, cheap manufacturing cost compared to other batteries, and environment friendly with 100% recyclable feature, etc. are the factors that are expected to drive the dual carbon battery market over the forecast period. On the other hand, the rise in graphite carbon prices and competition from other battery technologies are the factors hindering the market growth.
Key HighlightsThe Asia-Pacific dual carbon battery market is consolidated. The key players include PJP Eye LTD. (As on June 30, 2017, Power Japan Plus had transferred all its assets and businesses including battery manufacturing to PJP Eye LTD.)
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