Lithium Ion Battery and it’s Market

Similar to the increase in solar technology there is an expected increase in the Li-Ion Battery market, it is starting to get widely accepted and hence getting into practice. This has therefore predicted the increase in the Li-Ion battery market over the coming years with a drop in the pricing of the batteries. The main element used in the battery is Polypropylene, while the anode of the battery carries copper the cathode consists of aluminum. From the year 2008 to 2016 the Lithium Ion Battery market has already grown to almost 125% and this growth is expected to go higher with the coming years.