Lithium Market Trends, Significant Growth, Key Companies Profile, Competitive Analysis and Forecast Analysis by 2025

Adroit Market Research
Global Lithium Market 2019
by Type (Lithium Carbonate, Lithium Hydroxide,
Mineral Concentrates and Others), by End-Use
(Ceramics and Glass, Batteries, Lubricating Greases,
Continuous Casting, Air treatment, Polymer
Production and Others)
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Adroit Market Research
Lithium Market Size and Forecast 2019-2025
• The global lithium market trends have been analyzed on the basis of the past and present industry dynamics such as drivers,
restraints and challenges and lucrative opportunities.
• The report provides a comprehensive analysis of the demand for the various lithium chemicals along with its penetration across
different applications. Global lithium market size has been derived and calculated in terms of lithium carbonate equivalents (LCE).
• Key trends adopted by the top 10 lithium producers such as expansion by revamping existing facilities and setting up new
production capacities in order to cater to ever-rising lithium demand, especially among battery manufacturers are the key
highlights of the report.
• The report also focusses on an elaborative design, structure, and explanation of the lithium and lithium-ion battery value chain
along with the PESTEL and Porter’s Five Forces Analysis for a better market understanding of our clients.
• Also, the report emphases on the historic and present production, import and export stats used to derive the lithium market share
along with the analyst view of the forecasted estimates.
• Lithium market report also details about the fluctuating price trends of the lithium metal, supply-demand scenarios, cost
structures, raw materials, and the extraction processes.
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Adroit Market Research
Lithium Market Size and Forecast 2019-2025
• Lithium is considered as the “the new gasoline” by Goldman Sachs and “world’s hottest commodity” by the
Economist. Lithium is present in the form of a mineral compound found usually in brine pool and igneous rocks.
High-energy density is the major attribute of lithium on account of which it can store a significant amount of
energy in a very limited space.
• The most noticeable trend being witnessed across European and Asia Pacific is the surge in sales of electric
vehicles, as a move towards a low carbon energy future as various governments’ commitment towards the green
economy.
• The global lithium market size is expected to reach USD 5.88 billion by 2025, rising with a CAGR of 7.0% from
2018 to 2025.
• Growing demand for energy storage, electric vehicles, and electrification of tools along with other battery-intense
applications has highly driven the global lithium market. EV revolution has rapidly boosted the need of the lithium
to threefold as the key raw material in battery production.
• Some of the key players of the Lithium market includes Albemarle Corporation, SQM, Inc., FMC Corporation,
Sichuan Tianqi Lithium, Jiangxi Ganfeng Lithium, Millennial Lithium Corp., Lithium Americas Corporation, Altura
Mining Ltd., Nemaska Lithium, and Galaxy Resources Ltd.
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Adroit Market Research
Lithium Market Size and Forecast 2019-2025
• Key segments of the GLlobal Lithium Market
• Type Overview, 2015-2025 (Kilo Tons, USD Million)
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•
•
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Lithium Carbonate
Lithium Hydroxide
Lithium Chloride
Others
• Application Overview, 2015-2025 (Kilo Tons, USD Million): Ceramics and glass, Batteries, Lubricating
Greases, Continuous casting, Air treatment, Polymer Production, Others.
• Regional Overview, 2015-2025 (USD Million): North America, Europe, Asia Pacific, Rest of the World.
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Adroit Market Research is an India-based business analytics and consulting company. Our
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our core, we are curious people who love to identify and understand industry patterns, create
an insightful study around our findings and churn out money-making roadmaps. Our analysts
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Lithium Market is anticipated that the future lithium resources will be majorly governed by the battery industry, followed by grid electrical storage as well as its upcoming applications in the nuclear power industry. The automotive industry is on the verge of an electric revolution. Factors such as the efficiency and environmental cleanliness of lithium technology have earned it immense worldwide political and financial support for its development.