DEMAND FOR LITHIUM-ION BATTERIES

When it comes to rechargeable batteries, the lithium-ion battery segment has seen particularly strong growth in recent years at the expense of other technologies because of the high power density and the increasing number of applications for powerful batteries.

It is forecast that the secondary market for lithium batteries will increase from US $ 5.9 billion to almost US $ 13 billion by 2015, with the trend remaining upward. Demand for rechargeable lithium and nickel metal hydride cells is mainly dominated by the electronics sector.