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Lithium Carbonate for Batteries Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Lithium Carbonate for Batteries MarketThe global market for Lithium Carbonate for Batteries was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
Batteries is a major application of Lithium Carbonate, It is a raw material for the production of lithium batteries in the field of high-energy lithium battery manufacturing. Energy density is 3 times that of nickel-hydrogen battery and nickel-cadmium battery, and twice that of lead-acid battery.
North American market for Lithium Carbonate for Batteries is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
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Asia-Pacific market for Lithium Carbonate for Batteries is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Lithium Carbonate for Batteries include SQM, Albemarle, Ganfeng Lithium, Tianqi Lithium, Ruifu Lithium, Chengxin Lithium, FMC, Orocobre, QingHai Salt Lake Industry, Nordic Mining, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
By Type
• Salt Lake Extraction
• Lithium Ore Extraction
By Application
• Power Battery
• 3C Battery
Key Companies
SQM, Albemarle, Ganfeng Lithium, Tianqi Lithium, Ruifu Lithium, Chengxin Lithium, FMC, Orocobre, QingHai Salt Lake Industry, Nordic Mining, Palith, Yahua, Tibet Mineral Development, Zhiyuan, West Mining, Guoan, Zangge
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