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Lithium Carbonate Market: Competitive Dynamics & Global Outlook 2024– Top Key players like– Top Key players like SQM,Albemarle,FMC,Inc.
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Lithium carbonate is an inorganic compound, the lithium salt of carbonate with the formula Li2CO3. This white salt is an important industrial chemical and widely used in many industries, such as battery industry, processing of metal oxides.
Lithium carbonate is resource-oriented industry. Currently, there are a few of companies in global lithium carbonate industry, most of them are located in Chile,Argentina and China. The main market players are SQM,Albemarle, FMC,Tianqi Lithium and Ganfeng Lithium.
In consumption market, The Asia-Pacific region will continue to dominate the market, with China and Japan as major consumer countries. With the rise of China's new energy automobile industry, future demand will continue to grow rapidly.In 2017, Asia Pacific demand accounted for more than 76%.
Lithium carbonate is used in batteries, glass and ceramics, metallurgy and lubricants. Report data showed that 63.4% of the lithium carbonate market demand in batteries, 14.5% in glass and ceramics in 2017. With the development of economy, these industries will need more lithium carbonate.
According to this study, over the next five years the Lithium Carbonate market will register a 4.0% CAGR in terms of revenue, the global market size will reach US$ 2520 million by 2024, from US$ 2070 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Lithium Carbonate business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
SQM
Albemarle
FMC
Orocobre
Nordic Mining
Tianqi Lithium
Ganfeng Lithium
Ruifu Lithium
Weihua
QingHai Salt Lake Industry
Yahua
Zhonghe
Tibet Mineral Development
Market Segment by Type, covers
Industrial Grade Lithium Carbonate
Battery Grade Lithium Carbonate
Market Segment by Applications, can be divided into
Batteries
Glass and Ceramics
Medical
Lubricants
Metallurgy
Other
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Related Information:
North America Lithium Carbonate Market Growth 2019-2024
United States Lithium Carbonate Market Growth 2019-2024
Asia-Pacific Lithium Carbonate Market Growth 2019-2024
Europe Lithium Carbonate Market Growth 2019-2024
EMEA Lithium Carbonate Market Growth 2019-2024
Global Lithium Carbonate Market Growth 2019-2024
China Lithium Carbonate Market Growth 2019-2024
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