Gel Battery Market is growing at a CAGR of 4.2% from 2020 to 2027

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Introduction
The global gel battery market was valued at 1.8
billion in 2019, and is projected to reach 2.6
billion by 2027, growing at a CAGR of 4.2 from
2020 to 2027. The term gel in the gel battery
refers to the presence of electrolyte in the
suspended form. The presence of silica in the
electrolyte makes the electrolyte in the gel form
or makes the electrolyte to set up or stiffen in
the battery. As compared to other types of lead
acid batteries it has low recharge voltages. 
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The gel battery market analysis covers in-depth
information of the major industry participants.
Some of the major players in the market include
Exide Technologies (Exide), BSB Power Company
Limited., Leoch International Technology Limited
Inc., Power Sonic Corporation (PS Corporation),
Storage Battery Systems, LLC (SBS LLC), Canbat
Technologies Inc. (Canbat), CD Technologies,
Inc., (CD), JYC Battery Manufacturing Co., Ltd.,
B.B. TECH (Changsha) Co., Ltd. (B.B. TECH), and
Vision Group (Vision).
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• Key Benefits
• The gel battery market forecast is studied from
  2020 to 2027
• The report provides an in-depth analysis of the
  market along with the current and future market
  trends
• This report highlights the key drivers,
  opportunities, and restraints of the market along
  with the impact analysis during the forecast
  period
• Porters five forces analysis helps analyze the
  potential of buyers suppliers and the
  competitive scenario of the gel battery industry
  for strategy building

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• Key Market Players
• CD Technologies, Inc.
• BSB Power Company Limited.
• Vision Group
• Power Sonic Corporation
• Storage Battery Systems 
• LLC
• Leoch International Technology Limited Inc.
• Canbat Technologies Inc.

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• Thank You!
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