Global Lithium Market Report 2024

Lithium Global Market Report 2024 – By Type (Glass/Ceramics, Greases / Lubricants, Chemical Synthesis, Portable Electronics & Other Handhelds, Hybrids, Battery Electric Vehicle (bevy), Grid, and Other Power Storage Applications), By Mining Type (Underground Mining, Surface Mining) – Market Size, Trends, And Global Forecast 2024-2033

Lithium Global Market Report 2024

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Lithium Market Definition And Segments

Lithium refers to the process of mining lithium and its compounds. Lithium extraction is a series of chemical procedures that isolate lithium from a material and transform it into a form that may be sold. Brine, or water with a high concentration of lithium carbonate, is frequently used to recover lithium. One of the main sources of lithium carbonate is subsurface brines that are confined in the Earth's crust.

The main types of lithium are glass or ceramics, greases or lubricants, chemical synthesis, portable electronics and other handhelds, hybrids, battery electric vehicles (BEV), grid, and other power storage applications. Chemical synthesis refers to the process by which one or more chemical reactions are performed to convert a reactant or start material into a product or multiple products. The sources are brine and hard rock. The mining type includes underground mining and surface mining.

The lithium market covered in this report is segmented –

1) By Type: Glass or Ceramics, Greases or Lubricants, Chemical Synthesis, Portable Electronics and Other Handhelds, Hybrids, Battery Electric Vehicle (BEV), Grid, and Other Power Storage Applications

2) By Mining Type: Underground Mining, Surface Mining

The lithium market size has grown strongly in recent years. It will grow from $6.29 billion in 2023 to $6.92 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to the consumer electronics boom, portable electronics growth, renewable energy storage, and lithium-ion battery advancements.

The lithium market size is expected to see strongly grown in the next few years. It will grow to $10.44 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to continued growth in electric vehicles, renewable energy expansion, government initiatives and incentives, smart grid development, and increasing energy storage capacity. Major trends in the forecast period include advancements in lithium technologies, solid-state lithium batteries, diversification of lithium sources, integration of lithium in aerospace, and decentralized energy solutions.

Smartphone Adoption Drives The Lithium Market

An increase in smartphone adoption is expected to propel the growth of the lithium market going forward. A smartphone refers to a cellular phone with a built-in computer and other functionality not previously present in phones, such as an operating system (OS), web browsing, and the ability to run software programs. Smartphones play a significant role in the lithium market by driving demand for lithium-ion batteries, which are essential for these devices, contributing to the growth of the lithium industry. For instance, in February 2023, according to Uswitch Limited, a UK-based financial conduct authority, mobile connections in the UK reached 71.8 million, showing a 3.8% increase from the previous year, totaling approximately 2.6 million additional connections. Furthermore, it is projected that the UK's population will expand to 68.3 million by 2025, with an estimated 95% of the population, or around 65 million individuals, owning a smartphone. Therefore, the increase in smartphone adoption is driving the growth of the lithium market.

Electric Vehicles Drive Growth In The Lithium Market

The increasing demand for electric vehicles is expected to propel the growth of the lithium market going forward. An electric vehicle is a type of automobile that is powered by electricity, typically through one or more electric motors, rather than an internal combustion engine that relies on gasoline or diesel fuel. Lithium is an essential element in electric vehicles (EVs) due to its role in lithium-ion batteries, which are pivotal for storing the energy necessary to power EVs, facilitating the shift towards sustainable transportation. For instance, in October 2023, according to the European Environment Agency, a Denmark-based government agency, the number of battery electric cars registered in Europe reached 1,126,682 in 2022, which is a 28.35% increase compared to the 878,092 cars registered in 2021. Moreover, non-plug-in hybrid electric cars represented 19% of new registrations in 2021, up by 7% from 2020. Therefore, the development of electric vehicles is driving the growth of the lithium market.

Major companies operating in the lithium market report are Albemarle Corporation, Sociedad Química y Minera, FMC Corporation, Sichuan Tianqi Lithium Industries Inc., Jiangxi Ganfeng Lithium Co. Ltd., Tianqi Lithium Corporation, Livent Corporation, Allkem Limited, Jiangsu Ronghui General Lithium Industry Co. Ltd., Avalon Advanced Materials Inc., Lithium Americas Corp., EnerSys, Ganfeng Lithium Co. Ltd., Orocobre Limited, Galaxy Resources Limited, Mineral Resources Limited, Neometals Ltd., Pilbara Minerals Limited, Altura Mining Limited, Bacanora Lithium PLC, Critical Elements Lithium Corporation, International Lithium Corp., Lithium Australia NL, Lithium Power International Limited, Nemaska Lithium Inc., North American Lithium Inc., Piedmont Lithium Limited, Power Metals Corp., Pure Energy Minerals Limited, Sayona Mining Limited, Standard Lithium Ltd., Wealth Minerals Ltd.

Advancements In Lithium Battery Performance

Major companies operating in the lithium market are increasing their focus on introducing innovative residential-use batteries to gain a competitive edge in the market. Residential-use batteries are energy storage systems designed for household applications. For instance, in September 2022, Kstar, a China-based battery manufacturing company, launched all-in-one lithium-titanate (LTO) batteries for residential use. These new batteries aim to deliver enduring and dependable performance, boasting a remarkable 16,000 charge cycles, a substantial 5.4 kWh storage capacity, and an impressive 90% depth of discharge, empowering homeowners to enhance energy management and decrease grid dependency.

Growing Emphasis On Sustainable Lithium Production

Major companies operating in the lithium market are increasing their focus on introducing innovative green lithium to gain a competitive edge in the market. Green lithium refers to lithium production and processes that prioritize environmental sustainability and minimize their ecological impact. For instance, in September 2023, Sigma Lithium Corporation, a Canada-based company, announced that it had shipped 22,500 metric tons of Triple Zero Green Lithium to Glencore, a Switzerland-based mining company, as part of a long-term agreement to supply lithium for the production of batteries for electric vehicles. This particular type of lithium is sustainably produced using 100% renewable energy, 100% recycled water, and 100% dry-stacked tailings, making it one of the most environmentally friendly lithium products available. The shipment of Triple Zero Green Lithium to Glencore is a significant milestone in the development of a sustainable global supply chain for lithium.

South America was the largest region in the lithium market in 2023. The regions covered in the lithium market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, Africa.

The countries covered in the lithium market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The Lithium market includes revenues earned by entities by produce glass, aluminum products, and batteries. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The lithium market research report is one of a series of new reports from The Business Research Company that provides lithium market statistics, including lithium global industry market size, regional shares, competitors with a lithium market share, detailed lithium market segments, market trends and opportunities, and any further data you may need to thrive in the lithium industry. This lithium global market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Lithium Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $6.92 billion
Revenue Forecast In 2033 $10.44 billion
Growth Rate CAGR of 10.8% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Glass/Ceramics, Greases / Lubricants, Chemical Synthesis, Portable Electronics & Other Handhelds, Hybrids, Battery Electric Vehicle (bevy), Grid, and Other Power Storage Applications
2) By Mining Type: Underground Mining, Surface Mining
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Albemarle Corporation; Sociedad Química y Minera; FMC Corporation; Sichuan Tianqi Lithium Industries Inc.; Jiangxi Ganfeng Lithium Co. Ltd; Tianqi Lithium Corporation; Livent Corporation; Allkem Limited; Jiangsu Ronghui General Lithium Industry Co. Ltd.; Avalon Advanced Materials Inc.; Lithium Americas Corp.; EnerSys; Ganfeng Lithium Co. Ltd.; Orocobre Limited; Galaxy Resources Limited; Mineral Resources Limited; Neometals Ltd.; Pilbara Minerals Limited; Altura Mining Limited; Bacanora Lithium Plc; Critical Elements Lithium Corporation; International Lithium Corp.; Lithium Australia NL; Lithium Power International Limited; Nemaska Lithium Inc.; North American Lithium Inc.; Piedmont Lithium Limited; Power Metals Corp.; Pure Energy Minerals Limited; Sayona Mining Limited; Standard Lithium Ltd.; Wealth Minerals Ltd.
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    Table Of Contents

    1. Executive Summary

    2. Lithium Market Characteristics

    3. Lithium Product/Service Analysis -Product/Service Examples

    3.1. Lithium Supply Chain Analysis

    3.1.1. Lithium Resources

    3.1.2. Lithium Manufacturers

    3.1.3. Lithium Distributors and Retailers

    3.1.4. Lithium End Users

    3.2. Lithium Customer Information

    4. Lithium Market Trends And Strategies

    5. Lithium Market - Macro Economic Scenario

    5.1. Impact Of High Inflation On The Market

    5.2. Ukraine-Russia War Impact On The Market

    5.3. COVID-19 Impact On The Market

    6. Global Lithium Market Size and Growth

    6.1. Global Lithium Market Drivers and Restraints

    6.1.1. Drivers Of The Market

    6.1.2. Restraints Of The Market

    6.2. Global Lithium Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    6.3. Global Lithium Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    7. Lithium Market Segmentation

    7.1. Global Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Glass/Ceramics

    Greases / Lubricants

    Chemical Synthesis

    Portable Electronics & Other Handhelds

    Hybrids

    Battery Electric Vehicle (bev)

    Grid

    Other Power Storage Applications

    7.2. Global Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Underground Mining

    Surface Mining

    8. Lithium Market Regional And Country Analysis

    8.1. Global Lithium Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.2. Global Lithium Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. Asia-Pacific Lithium Market

    9.1. Asia-Pacific Lithium Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    9.2. Asia-Pacific Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9.3. Asia-Pacific Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10. China Lithium Market

    10.1. China Lithium Market Overview

    10.2. China Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10.3. China Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    11. India Lithium Market

    11.1. India Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.2. India Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Japan Lithium Market

    12.1. Japan Lithium Market Overview

    12.2. Japan Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Japan Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Australia Lithium Market

    13.1. Australia Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Australia Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. Indonesia Lithium Market

    14.1. Indonesia Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.2. Indonesia Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. South Korea Lithium Market

    15.1. South Korea Lithium Market Overview

    15.2. South Korea Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. South Korea Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. Bangladesh Lithium Market

    16.1. Bangladesh, Lithium Historic Market, 2018 - 2023, $ Billion

    16.2. Bangladesh, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    17. Thailand Lithium Market

    17.1. Thailand, Lithium Historic Market, 2018 - 2023, $ Billion

    17.2. Thailand, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    18. Vietnam Lithium Market

    18.1. Vietnam, Lithium Historic Market, 2018 - 2023, $ Billion

    18.2. Vietnam, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    19. Malaysia Lithium Market

    19.1. Malaysia, Lithium Historic Market, 2018 - 2023, $ Billion

    19.2. Malaysia, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    20. Singapore Lithium Market

    20.1. Singapore, Lithium Historic Market, 2018 - 2023, $ Billion

    20.2. Singapore, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    21. Philippines Lithium Market

    21.1. Philippines, Lithium Historic Market, 2018 - 2023, $ Billion

    21.2. Philippines, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    22. Hong kong Lithium Market

    22.1. Hong Kong, Lithium Historic Market, 2018 - 2023, $ Billion

    22.2. Hong Kong, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    23. New Zealand Lithium Market

    23.1. New Zealand, Lithium Historic Market, 2018 - 2023, $ Billion

    23.2. New Zealand, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    24. Western Europe Lithium Market

    24.1. Western Europe Lithium Market Overview

    24.2. Western Europe Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. Western Europe Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. UK Lithium Market

    25.1. UK Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.2. UK Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. Germany Lithium Market

    26.1. Germany Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.2. Germany Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. France Lithium Market

    27.4. France Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.5. France Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Italy Lithium Market

    28.7. Italy Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.8. Italy Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Spain Lithium Market

    29.10. Spain Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.11. Spain Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Austria Lithium Market

    30.1. Austria, Lithium Historic Market, 2018 - 2023, $ Billion

    30.2. Austria, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    31. Belgium Lithium Market

    31.1. Belgium, Lithium Historic Market, 2018 - 2023, $ Billion

    31.2. Belgium, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    32. Denmark Lithium Market

    32.1. Denmark, Lithium Historic Market, 2018 - 2023, $ Billion

    32.2. Denmark, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    33. Finland Lithium Market

    33.1. FInland, Lithium Historic Market, 2018 - 2023, $ Billion

    33.2. Finland, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    34. Ireland Lithium Market

    34.1. Ireland, Lithium Historic Market, 2018 - 2023, $ Billion

    34.2. Ireland, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    35. Netherlands Lithium Market

    35.1. Netherlands, Lithium Historic Market, 2018 - 2023, $ Billion

    35.2. Netherlands, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    36. Norway Lithium Market

    36.1. Norway, Lithium Historic Market, 2018 - 2023, $ Billion

    36.2. Norway, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    37. Portugal Lithium Market

    37.1. Portugal, Lithium Historic Market, 2018 - 2023, $ Billion

    37.2. Portugal, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    38. Sweden Lithium Market

    38.1. Sweden, Lithium Historic Market, 2018 - 2023, $ Billion

    38.2. Sweden, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    39. Switzerland Lithium Market

    39.1. Switzerland, Lithium Historic Market, 2018 - 2023, $ Billion

    39.2. Switzerland, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    40. Eastern Europe Lithium Market

    40.1. Eastern Europe Lithium Market Overview

    40.2. Eastern Europe Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    40.3. Eastern Europe Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    41. Russia Lithium Market

    41.1. Russia Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    41.2. Russia Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    42. Czech Republic Lithium Market

    42.1. Czech Republic, Lithium Historic Market, 2018 - 2023, $ Billion

    42.2. Czech Republic, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    43. Poland Lithium Market

    43.1. Poland, Lithium Historic Market, 2018 - 2023, $ Billion

    43.2. Poland, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    44. Romania Lithium Market

    44.1. Romania, Lithium Historic Market, 2018 - 2023, $ Billion

    44.2. Romania, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    45. Ukraine Lithium Market

    45.1. Ukraine, Lithium Historic Market, 2018 - 2023, $ Billion

    45.2. Ukraine, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    46. North America Lithium Market

    46.1. North America Lithium Market Overview

    46.2. North America Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    46.3. North America Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    47. USA Lithium Market

    47.1. USA Lithium Market Overview

    47.2. USA Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    47.3. USA Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    48. Canada Lithium Market

    48.1. Canada Lithium Market Overview

    48.2. Canada Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    48.3. Canada Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    49. Mexico Lithium Market

    49.1. Mexico, Lithium Historic Market, 2018 - 2023, $ Billion

    49.2. Mexico, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    50. South America Lithium Market

    50.1. South America Lithium Market Overview

    50.2. South America Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    50.3. South America Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    51. Brazil Lithium Market

    51.1. Brazil Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    51.2. Brazil Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    52. Chile Lithium Market

    52.1. Chile, Lithium Historic Market, 2018 - 2023, $ Billion

    52.2. Chile, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    53. Argentina Lithium Market

    53.1. Argentina, Lithium Historic Market, 2018 - 2023, $ Billion

    53.2. Argentina, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    54. Colombia Lithium Market

    54.1. Colombia, Lithium Historic Market, 2018 - 2023, $ Billion

    54.2. Colombia, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    55. Peru Lithium Market

    55.1. Peru, Lithium Historic Market, 2018 - 2023, $ Billion

    55.2. Peru, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    56. Middle East Lithium Market

    56.1. Middle East Lithium Market Overview

    56.2. Middle East Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    56.3. Middle East Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    57. Saudi Arabia Lithium Market

    57.1. Saudi Arabia, Lithium Historic Market, 2018 - 2023, $ Billion

    57.2. Saudi Arabia, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    58. Israel Lithium Market

    58.1. Israel, Lithium Historic Market, 2018 - 2023, $ Billion

    58.2. Israel, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    59. Iran Lithium Market

    59.1. Iran, Lithium Historic Market, 2018 - 2023, $ Billion

    59.2. Iran, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    60. Turkey Lithium Market

    60.1. Turkey, Lithium Historic Market, 2018 - 2023, $ Billion

    60.2. Turkey, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    61. United Arab Emirates Lithium Market

    61.1. United Arab Emirates, Lithium Historic Market, 2018 - 2023, $ Billion

    61.2. United Arab Emirates, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    62. Africa Lithium Market

    62.1. Africa Lithium Market Overview

    62.2. Africa Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    62.3. Africa Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    63. Egypt Lithium Market

    63.1. Egypt, Lithium Historic Market, 2018 - 2023, $ Billion

    63.2. Egypt, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    64. Nigeria Lithium Market

    64.1. Nigeria, Lithium Historic Market, 2018 - 2023, $ Billion

    64.2. Nigeria, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    65. South Africa Lithium Market

    65.1. South Africa, Lithium Historic Market, 2018 - 2023, $ Billion

    65.2. South Africa, Lithium Forecast Market, 2018-2023, 2028F, 2033F, $ Billion

    66. Lithium Market Competitive Landscape And Company Profiles

    66.1. Lithium Market Competitive Landscape

    66.2. Lithium Market Company Profiles

    66.2.1. Albemarle Corporation

    66.2.1.1. Overview

    66.2.1.2. Products and Services

    66.2.1.3. Strategy

    66.2.1.4. Financial Performance

    66.2.2. Sociedad Química y Minera

    66.2.2.1. Overview

    66.2.2.2. Products and Services

    66.2.2.3. Strategy

    66.2.2.4. Financial Performance

    66.2.3. FMC Corporation

    66.2.3.1. Overview

    66.2.3.2. Products and Services

    66.2.3.3. Strategy

    66.2.3.4. Financial Performance

    66.2.4. Sichuan Tianqi Lithium Industries Inc.

    66.2.4.1. Overview

    66.2.4.2. Products and Services

    66.2.4.3. Strategy

    66.2.4.4. Financial Performance

    66.2.5. Jiangxi Ganfeng Lithium Co. Ltd

    66.2.5.1. Overview

    66.2.5.2. Products and Services

    66.2.5.3. Strategy

    66.2.5.4. Financial Performance

    68. Global Lithium Market Competitive Benchmarking

    69. Global Lithium Market Competitive Dashboard

    70. Key Mergers And Acquisitions In The Lithium Market

    71. Lithium Market Future Outlook and Potential Analysis

    71.1 Lithium Market In 2028 - Countries Offering Most New Opportunities

    71.2 Lithium Market In 2028 - Segments Offering Most New Opportunities

    71.3 Lithium Market In 2028 - Growth Strategies

    71.3.1 Market Trend Based Strategies

    71.3.2 Competitor Strategies

    72. Appendix

    72.1. Abbreviations

    72.2. Currencies

    72.3. Historic And Forecast Inflation Rates

    72.4. Research Inquiries

    72.5. The Business Research Company

    72.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Lithium Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Lithium Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Asia-Pacific, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: China, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: China, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: India, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: India, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: Japan, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: Japan, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: Australia, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: Australia, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Indonesia, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Indonesia, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: South Korea, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: South Korea, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Bangladesh Historic Market Growth, 2018-2023, $ Billion
  • Table 22: Bangladesh Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 23: Thailand Historic Market Growth, 2018-2023, $ Billion
  • Table 24: Thailand Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 25: Vietnam Historic Market Growth, 2018-2023, $ Billion
  • Table 26: Vietnam Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 27: Malaysia Historic Market Growth, 2018-2023, $ Billion
  • Table 28: Malaysia Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 29: Singapore Historic Market Growth, 2018-2023, $ Billion
  • Table 30: Singapore Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 31: Philippines Historic Market Growth, 2018-2023, $ Billion
  • Table 32: Philippines Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 33: Hong Kong Historic Market Growth, 2018-2023, $ Billion
  • Table 34: Hong Kong Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 35: New Zealand Historic Market Growth, 2018-2023, $ Billion
  • Table 36: New Zealand Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 37: Western Europe, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Western Europe, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: UK, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: UK, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Germany, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Germany, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: France, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: France, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Italy, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Italy, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Spain, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Austria Historic Market Growth, 2018-2023, $ Billion
  • Table 50: Austria Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 51: Belgium Historic Market Growth, 2018-2023, $ Billion
  • Table 52: Belgium Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 53: Denmark Historic Market Growth, 2018-2023, $ Billion
  • Table 54: Denmark Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 55: Finland Historic Market Growth, 2018-2023, $ Billion
  • Table 56: Finland Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 57: Ireland Historic Market Growth, 2018-2023, $ Billion
  • Table 58: Ireland Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 59: Netherlands Historic Market Growth, 2018-2023, $ Billion
  • Table 60: Netherlands Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 61: Norway Historic Market Growth, 2018-2023, $ Billion
  • Table 62: Norway Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 63: Portugal Historic Market Growth, 2018-2023, $ Billion
  • Table 64: Portugal Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 65: Sweden Historic Market Growth, 2018-2023, $ Billion
  • Table 66: Sweden Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 67: Switzerland Historic Market Growth, 2018-2023, $ Billion
  • Table 68: Switzerland Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 69: Eastern Europe, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Eastern Europe, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Russia, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Russia, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Czech Republic Historic Market Growth, 2018-2023, $ Billion
  • Table 74: Czech Republic Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 75: Poland Historic Market Growth, 2018-2023, $ Billion
  • Table 76: Poland Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 77: Romania Historic Market Growth, 2018-2023, $ Billion
  • Table 78: Romania Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 79: Ukraine Historic Market Growth, 2018-2023, $ Billion
  • Table 80: Ukraine Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 81: North America, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 82: North America, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 83: USA, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 84: USA, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 85: Canada, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 86: Canada, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 87: Mexico Historic Market Growth, 2018-2023, $ Billion
  • Table 88: Mexico Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 89: South America, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 90: South America, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 91: Brazil, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 92: Brazil, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 93: Chile Historic Market Growth, 2018-2023, $ Billion
  • Table 94: Chile Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 95: Argentina Historic Market Growth, 2018-2023, $ Billion
  • Table 96: Argentina Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 97: Colombia Historic Market Growth, 2018-2023, $ Billion
  • Table 98: Colombia Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 99: Peru Historic Market Growth, 2018-2023, $ Billion
  • Table 100: Peru Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 101: Middle East, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 102: Middle East, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 103: Saudi Arabia Historic Market Growth, 2018-2023, $ Billion
  • Table 104: Saudi Arabia Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 105: Israel Historic Market Growth, 2018-2023, $ Billion
  • Table 106: Israel Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 107: Iran Historic Market Growth, 2018-2023, $ Billion
  • Table 108: Iran Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 109: Turkey Historic Market Growth, 2018-2023, $ Billion
  • Table 110: Turkey Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 111: United Arab Emirates Historic Market Growth, 2018-2023, $ Billion
  • Table 112: United Arab Emirates Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 113: Africa, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 114: Africa, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 115: Egypt Historic Market Growth, 2018-2023, $ Billion
  • Table 116: Egypt Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 117: Nigeria Historic Market Growth, 2018-2023, $ Billion
  • Table 118: Nigeria Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 119: South Africa Historic Market Growth, 2018-2023, $ Billion
  • Table 120: South Africa Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 121: Albemarle Corporation Financial Performance
  • Table 122: Sociedad Química y Minera Financial Performance
  • Table 123: FMC Corporation Financial Performance
  • Table 124: Sichuan Tianqi Lithium Industries Inc. Financial Performance
  • Table 125: Jiangxi Ganfeng Lithium Co. Ltd Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Lithium Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Lithium Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Asia-Pacific, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: China, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: China, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: India, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: India, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: Japan, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: Japan, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: Australia, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: Australia, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Indonesia, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Indonesia, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: South Korea, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: South Korea, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Bangladesh Historic Market Growth, 2018-2023, $ Billion
  • Figure 22: Bangladesh Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 23: Thailand Historic Market Growth, 2018-2023, $ Billion
  • Figure 24: Thailand Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 25: Vietnam Historic Market Growth, 2018-2023, $ Billion
  • Figure 26: Vietnam Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 27: Malaysia Historic Market Growth, 2018-2023, $ Billion
  • Figure 28: Malaysia Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 29: Singapore Historic Market Growth, 2018-2023, $ Billion
  • Figure 30: Singapore Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 31: Philippines Historic Market Growth, 2018-2023, $ Billion
  • Figure 32: Philippines Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 33: Hong Kong Historic Market Growth, 2018-2023, $ Billion
  • Figure 34: Hong Kong Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 35: New Zealand Historic Market Growth, 2018-2023, $ Billion
  • Figure 36: New Zealand Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 37: Western Europe, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Western Europe, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: UK, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: UK, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Germany, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Germany, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: France, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: France, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Italy, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Italy, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Spain, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Austria Historic Market Growth, 2018-2023, $ Billion
  • Figure 50: Austria Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 51: Belgium Historic Market Growth, 2018-2023, $ Billion
  • Figure 52: Belgium Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 53: Denmark Historic Market Growth, 2018-2023, $ Billion
  • Figure 54: Denmark Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 55: Finland Historic Market Growth, 2018-2023, $ Billion
  • Figure 56: Finland Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 57: Ireland Historic Market Growth, 2018-2023, $ Billion
  • Figure 58: Ireland Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 59: Netherlands Historic Market Growth, 2018-2023, $ Billion
  • Figure 60: Netherlands Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 61: Norway Historic Market Growth, 2018-2023, $ Billion
  • Figure 62: Norway Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 63: Portugal Historic Market Growth, 2018-2023, $ Billion
  • Figure 64: Portugal Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 65: Sweden Historic Market Growth, 2018-2023, $ Billion
  • Figure 66: Sweden Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 67: Switzerland Historic Market Growth, 2018-2023, $ Billion
  • Figure 68: Switzerland Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 69: Eastern Europe, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Eastern Europe, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Russia, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Russia, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Czech Republic Historic Market Growth, 2018-2023, $ Billion
  • Figure 74: Czech Republic Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 75: Poland Historic Market Growth, 2018-2023, $ Billion
  • Figure 76: Poland Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 77: Romania Historic Market Growth, 2018-2023, $ Billion
  • Figure 78: Romania Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 79: Ukraine Historic Market Growth, 2018-2023, $ Billion
  • Figure 80: Ukraine Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 81: North America, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 82: North America, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 83: USA, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 84: USA, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 85: Canada, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 86: Canada, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 87: Mexico Historic Market Growth, 2018-2023, $ Billion
  • Figure 88: Mexico Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 89: South America, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 90: South America, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 91: Brazil, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 92: Brazil, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 93: Chile Historic Market Growth, 2018-2023, $ Billion
  • Figure 94: Chile Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 95: Argentina Historic Market Growth, 2018-2023, $ Billion
  • Figure 96: Argentina Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 97: Colombia Historic Market Growth, 2018-2023, $ Billion
  • Figure 98: Colombia Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 99: Peru Historic Market Growth, 2018-2023, $ Billion
  • Figure 100: Peru Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 101: Middle East, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 102: Middle East, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 103: Saudi Arabia Historic Market Growth, 2018-2023, $ Billion
  • Figure 104: Saudi Arabia Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 105: Israel Historic Market Growth, 2018-2023, $ Billion
  • Figure 106: Israel Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 107: Iran Historic Market Growth, 2018-2023, $ Billion
  • Figure 108: Iran Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 109: Turkey Historic Market Growth, 2018-2023, $ Billion
  • Figure 110: Turkey Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 111: United Arab Emirates Historic Market Growth, 2018-2023, $ Billion
  • Figure 112: United Arab Emirates Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 113: Africa, Lithium Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 114: Africa, Lithium Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 115: Egypt Historic Market Growth, 2018-2023, $ Billion
  • Figure 116: Egypt Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 117: Nigeria Historic Market Growth, 2018-2023, $ Billion
  • Figure 118: Nigeria Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 119: South Africa Historic Market Growth, 2018-2023, $ Billion
  • Figure 120: South Africa Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 121: Albemarle Corporation Financial Performance
  • Figure 122: Sociedad Química y Minera Financial Performance
  • Figure 123: FMC Corporation Financial Performance
  • Figure 124: Sichuan Tianqi Lithium Industries Inc. Financial Performance
  • Figure 125: Jiangxi Ganfeng Lithium Co. Ltd Financial Performance
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Frequently Asked Questions

What is the definition of the lithium market?

Lithium refers to the process of mining lithium and its compounds. Lithium extraction is a series of chemical procedures that isolate lithium from a material and transform it into a form that may be sold. Brine, or water with a high concentration of lithium carbonate, is frequently used to recover lithium. One of the main sources of lithium carbonate is subsurface brines that are confined in the Earth's crust. For further insights on the lithium market, request a sample here

How will the lithium market drivers and restraints affect the lithium market dynamics? What forces will shape the lithium industry going forward?

The lithium market major growth driver - smartphone adoption drives the lithium market. For further insights on the lithium market, request a sample here

What is the forecast market size or the forecast market value of the lithium market?

The lithium market size has grown strongly in recent years. It will grow from $6.29 billion in 2023 to $6.92 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to consumer electronics boom, portable electronics growth, renewable energy storage, lithium-ion battery advancements . The lithium market size is expected to see strongly grown in the next few years. It will grow to $10.44 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to continued growth in electric vehicles, renewable energy expansion, government initiatives and incentives, smart grid development, increasing energy storage capacity. Major trends in the forecast period include advancements in lithium technologies, solid-state lithium batteries, diversification of lithium sources, integration of lithium in aerospace, decentralized energy solutions. For further insights on the lithium market, request a sample here

How is the lithium market segmented?

The lithium market is segmented
1) By Type: Glass/Ceramics, Greases / Lubricants, Chemical Synthesis, Portable Electronics & Other Handhelds, Hybrids, Battery Electric Vehicle (bevy), Grid, and Other Power Storage Applications
2) By Mining Type: Underground Mining, Surface Mining For further insights on the lithium market,
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Which region has the largest share of the lithium market? What are the other regions covered in the report?

South America was the largest region in the lithium market in 2023.The regions covered in the lithium market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, Africa. For further insights on the lithium market, request a sample here.

Who are the major players in the lithium market?

Major companies operating in the lithium market report are Albemarle Corporation, Sociedad Química y Minera, FMC Corporation, Sichuan Tianqi Lithium Industries Inc., Jiangxi Ganfeng Lithium Co. Ltd, Tianqi Lithium Corporation, Livent Corporation, Allkem Limited, Jiangsu Ronghui General Lithium Industry Co. Ltd., Avalon Advanced Materials Inc., Lithium Americas Corp., EnerSys, Ganfeng Lithium Co. Ltd., Orocobre Limited, Galaxy Resources Limited, Mineral Resources Limited, Neometals Ltd., Pilbara Minerals Limited, Altura Mining Limited, Bacanora Lithium Plc, Critical Elements Lithium Corporation, International Lithium Corp., Lithium Australia NL, Lithium Power International Limited, Nemaska Lithium Inc., North American Lithium Inc., Piedmont Lithium Limited, Power Metals Corp., Pure Energy Minerals Limited, Sayona Mining Limited, Standard Lithium Ltd., Wealth Minerals Ltd. For further insights on the lithium market, request a sample here.

What are the key trends in the lithium market?

Major trend in the lithium market - advancements in lithium battery performance. For further insights on the lithium market, request a sample here.

What are the major opportunities in the lithium market? What are the strategies for the lithium market?

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How does the lithium market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the lithium industry?

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What are the key dynamics influencing the lithium market growth? SWOT analysis of the lithium market.

For detailed insights on the key dynamics influencing the lithium market growth and SWOT analysis of the lithium industry, request a sample here.