Lithium Market | Global Industry Overview by Sales, Revenue, Trends, Growth Factors, Historical Analysis, Opportunities, Market Share and Forecasts to 2023| Market Reports World

(The Express Wire via Comtex)

Global"Lithium Market"2021 report discusses the market size, drivers and restraints, segment analysis, key players, geographical segments, and competitive landscape. The report discusses the market size, drivers and restraints, segment analysis, key players, geographical segments, and competitive landscape. The report analyses the global Lithium market by using primary and secondary research methodologies. The research report includes an analysis the various aspects of the market that are expected to determine its trajectory.

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Lithium Market competition is assessed by top manufacturers, with production, price, revenue (value), and market share for each manufacturer. It offers a complete evaluation of every area including the volume of the global Lithium market in that area in the estimated duration. This well-drafted report entails the existing market status, historical data, and projection outlook. A detailed segmentation analysis of the market is done on regions, types, and applications in the report. The report tracks primary trends that decide future growth prospects in the global market.

List Of TOP KEY PLAYERS in Lithium Market Report are:-

  • Albemarle Corporation
  • Altura Mining Limited
  • Avalon Advanced Materials Inc.
  • Critical Elements Corporation
  • FMC Corporation (FMC Lithium)
  • Galaxy Resources Limited
  • Jiangxi Ganfeng Lithium Co. Ltd
  • Lithium Americas
  • Nemaska Lithium
  • Neometals Ltd
  • Novo Lítio Ltd
  • Orocobre Limited
  • Sayona Mining Limited
  • Sichuan Tianqi Lithium Industries Inc.
  • SQM (Sociedad Química y Minera de Chile SA)

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About Lithium Market:

The global lithium market is expected to register a CAGR of 9.33% during the forecast period, 2018 to 2023. Asia Pacific region is estimated to lead the market, owing to its rapid increase in production of electrical vehicles and consumer electronics. Battery segment is expected to be the fastest growing by application.

Accelerating Demand for Electric VehiclesLithium-ion batteries comprise of a family of battery chemistries, which combine a variety of anode and cathode combinations, to offer distinctive performance, cost, and other parameters. The growing adoption of electric vehicles (EVs) is driven by the rising concerns for the environment, as these vehicles help reduce carbon emission levels. Governments across the globe are implementing stringent emission norms, to control and reduce carbon emissions. Lithium is used in high-energy density rechargeable lithium-ion batteries, employed to power the batteries in full-electric, plug-in hybrid, and hybrid vehicles (EVs, PHEVs, and HEVs). Due to developments in EV technology, concerns over growing CO2 pollution, and increasing fuel costs from combustion engines, lithium has been put into extensive use in EV batteries. Lithium’s combination of low mass and high electrochemical potential makes it perfect for EV battery usage. Registrations of electric cars hit a new record in 2016, with sales of over 750,000 units worldwide. China was the largest electric car market in 2016, with a share of 45%. Around 336,000 new electric cars were registered in China. Electric car sales in China were more than double the sales in the United States in 2016.

Battery - The Fastest Growing End-user IndustryThe battery application segment of the global lithium market was the largest application segment, in terms of both volume and revenue, having surpassed the glass-ceramic segment (the largest application segment till 2014), over the past two years. Lithium batteries can be categorized into two segments, namely, disposable, and rechargeable. Disposable lithium batteries use lithium in the metallic form, as an anode. These batteries have long life (high charge density) compared to other standard batteries. These batteries find application in critical devices with long life, such as pacemakers and other electronic medical devices, which are implanted for many years. Lithium-ion batteries are employed in several applications, including telecommunication devices and consumer electronics. The lightweight characteristics of lithium-ion batteries, along with high energy density and rechargeability, makes them a good fit for portable electronics. Because of its energy density and lack of ‘memory effect,’ lithium-ion and lithium polymer rechargeable batteries are the most efficient power source for mobile telephones, laptops, and other electronic portable devices. The growing usage of batteries can be attributed to the demand from markets, such as electric vehicles (EVs), cell phones, laptops, tablets, power tools, video games, toys, e-bikes, and other electronic devices.

Asia Pacific Region to Lead the MarketChina constitutes of around 26% of the global lithium reserves, estimated at a value of 26.52 Mt in 2015. China accounts for 10% of the global lithium production capacity accounting for 18 kt, in 2015. Abundant availability of resources such as brine, spodumene, and other lithium deposits, accounting for around 11% of the global resources has 30.03 Mt LCE. The Mt. Marion project and the Mt. Cattlin project are both located in Western Australia, and have design capacity of 27ktpa and 13ktpa, respectively. These two projects are set to lead to a 67% increase in spodumene concentrate imports into China lifting the average utilization rate of Chinese conversion plants to over 90%. Japan is one of the prominent regions for the lithium battery market, along with China and Korea; they occupy a 96% market share in terms of battery capacity shipments. Australia accounts for almost 33% of the global lithium supply and is the main point of growth on regional basis in this market.

However, Australia only constitutes 5% of the global lithium reserves.

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Lithium market report explores the international and Chinese major Lithium players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2015-2021 Lithium market shares for each company.

After the basic information, the report sheds light on the production. Production plants, their capacities, global production, and revenue are studied. Also, the Lithium Sales growth in various regions and RandD status are also covered.

Global Lithium Market 2021-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Market Trend

  • Growing research activities coupled with new product launches.
  • For a full, detailed list, view our report

Market Driver

  • High Opportunity of Lithium .
  • For a full, detailed list, view our report

Market Challenge

  • Complications associated with Lithium procedures.
  • For a full, detailed list, view our report

The report provides key statistics on the market status of the Lithium manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Lithium .

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Lithium Market Report Overview includes major players of the global Lithium Market covered in the research study, research scope, Market segments by type, Market segments by application, years considered for the research study, and objectives of the report. The research report explores the Lithium market across the globe shows industry summary, definition, and scope along with major regions and countries. The research report provides a detailed study on each and every aspect of Lithium Market. Furthermore, the research study classifies the market based on product types, application and end user industries of Lithium .

The Lithium Market Research/Analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is used for Lithium ? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Lithium Market? What are Their Company Profile, Their Product Information, and Contact Information?
  • What Was Global Market Status of Lithium Market? What Was Capacity, Production Value, Cost and PROFIT of Lithium Market?
  • What Is Current Market Status of Lithium Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Lithium Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Lithium Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
  • What Is Lithium Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Lithium Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Lithium Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Lithium Industry?

Geographically,the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast of the following regions are including:

  • North America (United States, and Canada)
  • Europe (France, UK)
  • Asia-Pacific (China, Japan)
  • South America (Brazil, Argentina)
  • Middle East and Africa

Major Key Contents Covered in Lithium :

  • Introduction of Lithium with development and status.
  • Manufacturing Technology of Lithium with analysis and trends.
  • Analysis of Global Lithium Key Manufacturers with Company Profile, Product Information, Production Information, and Contact Information.
  • Analysis of Global and Chinese Lithium Capacity, Production, Production Value, Cost and Profit
  • Analysis of Lithium with Comparison, Supply, Consumption, and Import, and Export.
  • Lithium Analysis with Market Status and Market Competition by Companies and Countries.
  • 2021-2023 Lithium Market Forecast with Cost, Profit, Market Shares, Supply, Demands, Lithium market trend, Import and Export.
  • Lithium Analysis of Industry Chain Structure, Upstream Raw Materials, Downstream Industry.

By knowing the potential of Lithium In Future, we come up with Lithium Market Research Report to provide Investors to achieve their goals in their respective field all over the world. The Lithium Report focuses on providing the best returns of an investment to investors.

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Table Of Content:

1. Introduction
1.1 Research Phases
1.2 Scope of the Market
1.3 Study Deliverables
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter's Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Price Trends
4. Market Dynamics
4.1 Drivers
4.1.1 Accelerating Demand for Electric Vehicles
4.1.2 Increasing Usage and Demand by Portable Consumer Electronics (Batteries)
4.1.3 Rising Demand from Glass-making Industry
4.2 Restraints
4.2.1 Demand Supply Gap in the Lithium Market
4.2.2 Floundering Lithium Producing Start-ups
4.3 Opportunities
4.3.1 Growing Adoption in Smart Grid Electricity
4.3.2 Aerospace and Defense Sector: Blue Ocean Market
5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Type
5.1.1 Metal
5.1.2 Compound
5.1.3 Alloy
5.2 By Application
5.2.1 Battery
5.2.2 Lubricant
5.2.3 Aluminum Smelting and Alloy
5.2.4 Air Treatment
5.2.5 Medical
5.2.6 Glass and Ceramics
5.2.7 Metallurgy (Iron and Steel Castings)
5.2.8 Polymer
5.2.9 Other Applications
5.3 By End-user Industry
5.3.1 Industrial
5.3.2 Consumer Electronics
5.3.3 Electric Vehicle
5.3.4 Energy Storage (and E-bikes)
5.3.5 Medical
6. Regional Market Analysis
6.1 Asia-Pacific
6.1.1 China
6.1.2 India
6.1.3 Japan
6.1.4 South Korea
6.1.5 Australia and New Zealand
6.1.6 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.2 Canada
6.2.3 Mexico
6.2.4 Rest of North America
6.3 Europe
6.3.1 Germany
6.3.2 United Kingdom
6.3.3 Italy
6.3.4 France
6.3.5 Spain
6.3.6 Russia
6.3.7 Rest of Europe
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East and Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East and Africa
7. Competitive Landscape
7.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players
8. Company Profiles (Overview, Financials**, Products and Services, and Recent Developments)
8.1 Albemarle Corporation
8.2 Altura Mining Limited
8.3 Avalon Advanced Materials Inc.
8.4 Critical Elements Corporation
8.5 FMC Corporation (FMC Lithium)
8.6 Galaxy Resources Limited
8.7 Jiangxi Ganfeng Lithium Co. Ltd
8.8 Lithium Americas
8.9 Nemaska Lithium
8.10 Neometals Ltd
8.11 Novo Lítio Ltd
8.12 Orocobre Limited
8.13 Sayona Mining Limited
8.14 Sichuan Tianqi Lithium Industries Inc.
8.15 SQM (Sociedad Química y Minera de Chile SA)
*List Not Exhaustive
9. Disclaimer
**Subject to availability on public domain

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To view the original version on The Express Wire visit Lithium Market | Global Industry Overview by Sales, Revenue, Trends, Growth Factors, Historical Analysis, Opportunities, Market Share and Forecasts to 2023| Market Reports World

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