The global push for electrification, driven by surging electric vehicle (EV) adoption and increasing grid-scale energy storage, is creating unprecedented demand for essential battery materials like lithium, nickel, cobalt, and graphite. The global battery materials market is projected to grow significantly, from an estimated USD 57-63 billion in 2024 to over USD 100-180 billion by 2030-2034, with CAGRs ranging from 5.75% to 23.6% depending on the specific material and application segment.