Through 2031,China Is Expected To Account For Over 57% Of The East Asia Lead Acid Battery Market : FMI

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In 2021, it is anticipated that the lead-acid battery market will be worth $54.3 billion . Sales of lead-acid batteries will increase at a 5.2% CAGR between 2021 and 2031, predicts Future Market Insights (FMI). The study predicts that by 2031, the market will be worth more than US$ 90.5 billion. The demand for AGM batteries is anticipated to grow quickly, with a 6.2% CAGR by 2021, according to FMI. East Asia is predicted to remain one of the most attractive markets for lead acid batteries during the forecast period, according to Future Market Insights. China is expected to account...