Beer Market is one of the oldest and most broadly consumed alcoholic drinks in
the world and the third most common drink overall after water and tea. Beer is
made from cereal grains most commonly from malted barley, though wheat, maize
and sometime rice are also used. The alcohol and liquor industry has both local
and international players. Co-existence of these players has made the market
very competitive and challenging. A cross section of different types of alcoholic beverages and liquor along with variety of brands provides an excellent range to consumers.
Rising demand and changing human lifestyle are
key drivers for Beer market. U.S. is the second largest country in world to
produce beer with sales value around USD 41.48 billion. Moreover, the market is
driven by technological development and increasing investment in research and
development. Global Beer market is also growing with the several strategic
partnership and collaboration. Thus, global Beer market is expected to grow at
significant growth rate in forecast period. However, strict government
regulations and high taxes in number of countries are affecting the market
growth of beer market. Nonetheless, untapped market and new product launches
are expected to generate new opportunities in this market.
Lithium Ion Battery Materials Market is valued at USD 10.75 Billion in 2018 and expected to reach USD 16.14 Billion by 2025
Lithium Ion Battery Materials Market is valued at USD 10.75 Billion in 2018 and expected to reach USD 16.14 Billion by 2025 with a CAGR of 15.1% over the forecast period. Increasing demand of consumer electronics and portable devices is one of the key growth driving factor for the Global Lithium Ion Battery Materials Market A lithium-ion battery is a type of rechargeable battery in which lithium ions move from the negative electrode to the positive electrode during discharge and back when charging. It uses an intercalated lithium compound as one electrode material, compared to the metallic lithium in a non-rechargeable lithium battery. It is commonly used as rechargeable batteries for portable electronics, due to its high energy density, tiny memory effect and low self-discharge. It has major applications in military, battery electric vehicle and aerospace sectors. The main component that is used commonly in these batteries is lithium cobalt oxide which offe
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