Press release
Lithium Market to Reach USD 6.26 Bn by 2029, emerging at a CAGR of 6.8 percent and forecast 2022-2029
Lithium Market
This market report provides comprehensive insights into the dynamics of the lithium market, including its drivers, restraints, and regional trends. It offers valuable information on the market's current status, future outlook, and key factors influencing its trajectory.
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Lithium Market Research Methodology:
The analysis is based on robust research methods, including data from 2018 to 2022, with a market forecast extending up to 2029. Our approach ensures a thorough understanding of market trends and challenges.
What are Lithium Market Dynamics:
Technological advancements in electric vehicles, such as buses, trucks, bikes, rickshaws, and cars, are contributing to the surging demand for lithium-ion batteries. This is attributed to the increasing emphasis on clean energy solutions and emission reduction by major automotive companies.
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What is Lithium Market Segmentation:
by Product
Carbonate
Hydroxide
by Source Type
Brines
Hardrock
by Application
Batteries
Lubricants
Pharmaceuticals
Glass and Ceramics
Others
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Who are Lithium Market Key Players:
1. Tianqi Lithium
2. Ganfeng Lithium Co., Ltd.
3. General Lithium Corp
4. LITHIUM EXPLORATION GROUP
5. LSC Lithium Corporation
6. Neo Lithium Corporation
7. U.S. Lithium Corp
8. Yacimientos de Litio Bolivianos
9. Albemarle Corporation
10.Altura Mining
11.Avalon Advanced Materials Inc.
12.Corporation Lithium Elements Critiques
13.FMC Corporation
14.Galaxy Resources Limited
15.Ganfeng Lithium Co. Ltd
16.Lithium Americas Corp.
17.Nemaska Lithium
18.Novo Litio Ltd
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Table of content for the Lithium Market includes:
Lithium Market : Research Methodology
Lithium Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Lithium Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Lithium Market Regional Insights:
Asia Pacific Dominance: In 2022, the Asia Pacific region asserted its dominance with a 58% market share. This region possesses substantial lithium reserves and plays a crucial role in battery production. The manufacturing sector, notably in automotive and electronics, experienced remarkable growth. China, contributing to 70% of global lithium cell manufacturing capacity, is a major player. Australia ranks among the world's largest lithium producers.
European Growth: The European region is projected to exhibit a Compound Annual Growth Rate (CAGR) of 3.3% throughout the forecast period. Increased investments in Information and Communication Technology (ICT), automotive, and healthcare sectors are anticipated to drive market growth. The launch of six new cash-settled futures contracts for battery metals, including lithium, by the London Metal Exchange, is expected to attract business opportunities as the world moves towards reducing carbon emissions through electric vehicles and recycling.
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Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
More Related Reports:
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