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The global lithium market size was valued at USD 37.8 billion in 2022 and is projected to grow from USD 22.2 billion in 2023 to USD 89.9 billion in 2030 at a CAGR of 22.1% during the 2023-2030 forecast period.
Rapid advancements in rechargeable batteries for laptops, mobile phones, electric vehicles, and digital cameras, driven by the growth in the Lithium-ion Battery (LIB) market. Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.
The growing adoption of hybrid and electric vehicles, high-drain portable electronics, and energy storage systems have boosted the growth of the overall market. The increasing awareness of electric vehicles is attributable to the growing concerns about surrounding environmental pollution as EVs reduce carbon emissions. The Paris Agreement aims to reduce greenhouse gas (GHG) emissions by at least 40% under its 2030 climate and energy framework. Governments in several countries worldwide are implementing strict emission standards to reduce and control carbon emissions, thus augmenting market growth. In 2022, the market showed a sudden skyrocketing price of lithium commodity with the booming demand for Electric Vehicles (EVs) subsequently for the medium-term attributable to this market’s demand and supply mechanism.
Halted Supply Chain and Logistics Restrictions Impacted the Global Market during COVID-19
The COVID-19 pandemic has rattled global industrial production by disrupting the raw materials as well as intermediates of the supply chain. The pandemic has had a drastic impact on the manufacturing sector. Companies are remodeling their supply chains, especially industries that are dependent on import business.
Li-ion batteries will likely play a major role in the highly electrified transport sector. The coronavirus outbreak has hindered the battery and Electric Vehicle (EV) markets. LIBs were used in medical devices, including ventilators, during this COVID-19 pandemic. In July 2020, Pure EV, an electric vehicle manufacturing company, announced that it would supply LIBs to healthcare companies engaged in the fight against the novel coronavirus across India.
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Companies Creating Environmentally Sustainable Solutions for LIBs and EVs will Fuel the Product Demand
The growth of the LIB market has subsequently led to a rise in product demand. LIBs are a crucial component in cleaning up the environment. The battery of a Tesla Model S has about 12 kilograms of lithium in it, whereas grid storage solutions will help balance the renewable energy. Recently, IBM has developed a new battery type free of nickel, cobalt, and other heavy metals, thus avoiding the humanitarian and environmental issues related to Li-ion technology. The battery is made from seawater, and the researchers at IBM claimed that this concept could help eliminate the need for heavy metals in the production of batteries.
Electric vehicle companies and carmakers are changing their preferences depending on the cathode characteristics regarding safety, stability, life, cost, and energy density. EVs are promoted as a sustainable transportation choice on a life-cycle basis, as they emit less GHG than conventional vehicles. For instance, Tesla is planning for next-generation EV batteries that would focus on introducing Li-iron phosphate batteries to the market. This will cut the vehicle costs, extend the vehicle range up to 400 miles or more, and enable the batteries to last as long as 1 million miles. Additionally, the company plans to implement a high-speed, heavily automated battery manufacturing process designed to increase mass production and reduce labor costs.
Increasing Adoption of Electric Vehicles Will Aid Market Growth
The automotive industry's evolution over the past few years will have a massive impact on the EV market. EVs are designed to replace conventional traveling methods owing to technological advancements, low carbon emission, low maintenance, smoother drive, the convenience of charging at home, reduced engine sound, and high fuel economy. EVs help reduce air pollution in densely populated areas and GHG emissions.
A rise in demand for high-performance, low-emission, and fuel-efficient vehicles and strict government norms toward vehicle emission will aid the electric vehicle market growth. According to the International Energy Agency (IEA), the volume of sales of electric cars was around 10 million worldwide in 2022 and is expected to grow another 35% this year to reach 14 million annually. Electric cars accounted for 14% of the global car sales in 2022 and around 4% of the global car stock in 2020, expecting to register 18% by this year. With rapid technological advances in the electrification of trucks, buses, and two- or three-wheelers, the demand for electric vehicles is escalating significantly.
Batteries are crucial for Hybrid Electric Vehicles (HEVs), all-Electric Vehicles (EVs), and Plug-in Hybrid Electric Vehicles (PHEVs). EVs using LIBs could considerably reduce the emissions associated with road vehicle transport. Most battery manufacturers are integrating LIB in electric vehicles. For example, Groupe Renault's ZOE car is Europe's best-selling electric car. The Renault Zoe is made in two variants, R110 and R135, with a 400V, 52 kWh Li-ion battery pack weighing around 326 kilograms. Also, the company plans to bring electric cars to the Indian market by 2022. Kwid's electric version is successful in China and will be introduced in India soon.
Environmental Concerns and Recycling May Hinder Market Growth
Lithium extraction has a significant social and environmental impact, especially due to water depletion and pollution. Also, to process this metal, toxic chemicals are required. Releasing such toxic chemicals through air emission, leaching, or spills can harm the ecosystem, food production, and communities. The metal extraction inevitably damages the soil and causes air pollution. In Argentina, locals claimed that the operations had contaminated the streams used by livestock and humans.
Also, there is a concern regarding product recycling. Low collection rates, volatility in product prices, and high recycling costs have contributed to the absence of lithium recycling. The probable scope for product recycling is complicated as the material is highly reactive, flammable, and toxic.
Carbonate Segment Holds a Dominant Share due to the Product Demand from Pharmaceutical Industry
On the basis of product, the market is categorized into carbonate, hydroxide, chloride, metal, and others.
Lithium carbonate (Li2CO3) held a dominant market share in 2022. It is also known as lithium salt, preferably used for processing metal oxides. Carbonate is extracted from brines and is the first compound in the production chain. It is used in the pharmaceutical industry to make medicines for treating patients suffering from bipolar disorder and to prevent cluster headaches. Also, Li2CO3 is widely used in the automotive industry owing to the increasing sale of electric vehicles, thus providing impetus to the growth of the market significantly over the past years.
Advances in batteries have created a huge demand for the hydroxide segment, which is expected to witness the highest CAGR during the forecast period. It is manufactured from varied sources such as petroleum hard rocks and brines. Several manufacturers worldwide are constructing plants to expand their business and secure a place in the value chain. For example, in March 2019, Albemarle started construction work of a lithium-hydroxide (LiOH) processing plant in Kemerton, Western Australia, for USD 709.4 million. Once the plant is operational, it will produce up to 100,000 tons of premium battery-grade LiOH per annum.
It is extensively used to produce LIBs, energy storage systems, and electric vehicles. In 2019, China produced around 79% of lithium-hydroxide, which is used to manufacture electric car batteries. Due to the global pandemic, most Western carmakers will localize the supplies of products for electric car batteries.
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Batteries to Hold Major Share owing to the Growing Demand from Consumer Electronics
On the basis of application, the market is segmented into batteries, glass & ceramics, lubricant, polymers, metallurgy, medical, air treatment, and others.
The batteries segment accounted for a major market share in 2020 and will likely continue its dominance during the forecast timeframe. LIBs are used in many combinations of active materials for the cathode, electrolyte, and anode. They are either primary or secondary batteries. Primary batteries are used in cameras, calculators, electronic games, watches, computers, and other devices. In contrast, secondary batteries are used in portable computers, telephones, tablets, electric vehicles, cordless tools, and video cameras.
A surge in electric vehicle sales due to rise in per capita disposable income and user preferences will drive the LIB market. The demand for rechargeable batteries declined due to the coronavirus outbreak, thus contributing to the downfall of the automotive industry. As per the BloombergNEF forecast, battery consignments to carmakers fell by about 14% in 2020. Thus, consumer awareness and a major mind shift toward low-cost transportation will drive market growth in the coming years.
Metal carbonate is used to lower the temperature and thermal expansion in glass and ceramics applications. It is used in glass-ceramics cooktops to reduce thermal expansion, ensure color consistency, increase mold strength, improve durability, lower viscosity, and increase melt rate. SCHOTT AG specializes in manufacturing glass and glass-ceramics and uses a lithium aluminum silicate system to produce glass-ceramics, such as CERAN cooktop panels, ZERODUR glass-ceramic fire protection glasses and security, and ROBAX fire viewing windows for fireplaces.
Automotive Industry Dominates the Market Due to Growing Preference for Hybrid and Electric Vehicles
On the basis of end-user, the market is segmented into automotive, consumer electronics, industrial, energy storage, and others.
The automobile industry is currently dominated by fossil fuel consumption but is increasingly moving toward becoming an alternate source of energy, such as lithium-ion-backed battery technology. The increasing demand for EVs and the shift toward clean energy will drive the product demand in the coming years. For instance, the Indian Government launched FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) along with national & state-level regulations to make 30% of electric cars target by 2030 by adding 450 GW of renewable sources by establishing 34 GW/136 GW of battery storage requirements to make the country a major user of LIB.
The consumer electronics segment has grown exponentially in recent times. LIBs are used under rechargeable gadgets to store the proper energy-to-weight ratios and high open-circuit voltage. The advancement in battery technology is making electronic products more refined and slim, which makes higher use of batteries to increase the running time of products. In addition, these batteries have a high power density for more battery life in a lighter package. Hence, increase in demand for smartphones and consumer electronics is expected to drive market growth.
Asia Pacific Lithium Market Size, 2022 (USD Billion)
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Asia Pacific is estimated to hold the largest lithium market share, owing to widespread product usage in the industrial and commercial sectors, including power, consumer electronics, chemical, industrial, general manufacturing, and others. Asia Pacific is rapidly developing due to various government initiatives and increasing foreign investments in the industrial sector. The easy availability of raw materials is considered one factor supporting the market growth.
Additionally, the presence of a large number of lithium and its derivatives-producing companies in emerging countries such as India, Taiwan, Japan, South Korea, and China is surging the product demand. China is one of the largest producers of electronic components such as fuel cells, batteries, and capacitors. There has been advancement in fuel cell technologies for electric vehicles to aid the rules set by the government to reduce the pollution that occurs due to the burning of petrochemicals and gasoline.
The market in North America is likely to rise considerably during the lithium market forecast period. The increasing adoption of cleaner energy sources due to stringent regulatory rules is surging regional growth. The Environmental Protection Agency (EPA) has various schemes and funding programs that support the usage of green and sustainable sources of energy like solar, wind, geothermal, and others. The increasing adoption of solar panels has created a substantial demand for cells and batteries to store energy.
For instance, in a technology transfer program of NASA, the gas-powered engines of aircraft were replaced by LIB packs designed by NASA and other contractor partnerships. These factors will contribute to the growth of the market in North America.
Europe has witnessed significant industrial development in the last decade. The increasing investment of the European Union for R&D in automobile, ICT, and healthcare sectors is the main factor driving the market growth. According to the European Automobile Manufacturers Association (ACEA), Europe's battery electric vehicles hold 12.1% of the total market share, compared to 9.1%in 2021 or 1.9%in 2019.
Latin America accounts for around 70% of the world’s lithium reserves, where the metal is used in rechargeable batteries for EVs and mobile phones. Chile produces the metal, which is cheap and high quality. Chile’s government is allowing new entrants as the region's market is consolidated in nature.
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The Middle East & Africa is expected to have significant market growth driven by Saudi Arabia due to increased investment in green energy and tourism. For instance, the Saudi government announced an integrated Battery Chemicals Complex at a valuation of USD 899 million in Yanbu Industrial City to fuel clean energy resources by boosting the regional market.
Acquisition, Partnerships, and Capacity Expansion are the Key Strategic Initiatives Adopted by the Companies to Increase Market Presence
Major players operating in the market are Albemarle, SQM S.A., Tianqi Lithium, Jiangsu Ronghui General Lithium Industry Co., Ltd., and others. Companies are involved in capacity expansion, new product launches, joint ventures, acquisitions, and partnerships to gain a competitive edge in the market.
Albemarle Corporation has a strong presence in North America. Albemarle Corporation is the region's biggest manufacturer of specialty chemicals that deals in three market divisions, lithium, bromine, and catalysts. Similarly, the other key players have established a strong regional presence, robust distribution channels, and varied product offerings.
An Infographic Representation of Lithium Market
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The research report provides a detailed analysis of the market and focuses on crucial aspects such as leading companies, products, and applications. Also, the report offers insights into market trends and highlights vital industry developments. This report includes historical data & forecasts revenue growth at global, regional, and country levels, and analyzes the industry's latest market dynamics and opportunities. In addition to the factors mentioned above, the report encompasses various factors contributing to the market's growth in recent years.
ATTRIBUTE | DETAILS |
Study Period | 2019-2030 |
Base Year | 2022 |
Estimated Year | 2023 |
Forecast Period | 2023-2030 |
Historical Period | 2019-2021 |
Growth Rate | CAGR of 22.1% from 2023 to 2030 |
Unit | Value (USD Billion); Volume (Million Ton) |
Segmentation | By Product, Application, End-User, and Geography |
By Product |
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By Application |
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By End-User |
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By Geography |
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Fortune Business Insights says that the global market size was USD 37.8 billion in 2022 and is projected to reach USD 89.9 billion by 2030.
In 2022, the market value stood at USD 37.8 billion.
Growing at a CAGR of 22.1%, the market will exhibit steady growth in the forecast period (2023-2030).
Batteries segment is expected to be the leading segment under the application segment in this market during the forecast period.
Rapid evolution with ongoing development in the electric vehicle sector is a key factor driving the market growth.
Albemarle Corporation, SQM, FMC Corporation, Livent, and Avalon Advanced Materials Inc. are a few of the leading players in the global market.
Asia Pacific dominated the global market in 2022.
Continuous growth of the Li-ion battery market is expected to surge the product demand.
Table 1: Global Lithium Market Revenue (USD Billion) Forecast, by Product, 2019–2030
Table 2: Global Lithium Market Volume (Million Ton) Forecast, by Product, 2019–2030
Table 3: Global Lithium Market Revenue (USD Billion) Forecast, by Application, 2019–2030
Table 4: Global Lithium Market Volume (Million Ton) Forecast, by Application, 2019–2030
Table 5: Global Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 6: Global Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 7: Global Lithium Market Revenue (USD Billion) Forecast, by Region, 2019–2030
Table 8: Global Lithium Market Volume (Million Ton) Forecast, by Region, 2019–2030
Table 9: North America Lithium Market Revenue (USD Billion) Forecast, by Product, 2019–2030
Table 10: North America Lithium Market Volume (Million Ton) Forecast, by Product, 2019–2030
Table 11: North America Lithium Market Revenue (USD Billion) Forecast, by Application, 2019–2030
Table 12: North America Lithium Market Volume (Million Ton) Forecast, by Application, 2019–2030
Table 13: North America Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 14: North America Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 15: North America Lithium Market Revenue (USD Billion) Forecast, by Country, 2019–2030
Table 16: North America Lithium Market Volume (Million Ton) Forecast, by Country, 2019–2030
Table 17: U.S. Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 18: U.S. Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 19: Canada Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 20: Canada Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 21: Europe Lithium Market Revenue (USD Billion) Forecast, by Product, 2019–2030
Table 22: Europe Lithium Market Volume (Million Ton) Forecast, by Product, 2019–2030
Table 23: Europe Lithium Market Revenue (USD Billion) Forecast, by Application, 2019–2030
Table 24: Europe Lithium Market Volume (Million Ton) Forecast, by Application, 2019–2030
Table 25: Europe Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 26: Europe Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 27: Europe Lithium Market Revenue (USD Billion) Forecast, by Country, 2019–2030
Table 28: Europe Lithium Market Volume (Million Ton) Forecast, by Country, 2019–2030
Table 29: Germany Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 30: Germany Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 31: U.K. Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 32: U.K. Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 33: France Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 34: France Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 35: Italy Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 36: Italy Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 37: Rest of Europe Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 38: Rest of Europe Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 39: Asia Pacific Lithium Market Revenue (USD Billion) Forecast, by Product, 2019–2030
Table 40: Asia Pacific Lithium Market Volume (Million Ton) Forecast, by Product, 2019–2030
Table 41: Asia Pacific Lithium Market Revenue (USD Billion) Forecast, by Application, 2019–2030
Table 42: Asia Pacific Lithium Market Volume (Million Ton) Forecast, by Application, 2019–2030
Table 43: Asia Pacific Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 44: Asia Pacific Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 45: Asia Pacific Lithium Market Revenue (USD Billion) Forecast, by Country, 2019–2030
Table 46: Asia Pacific Lithium Market Volume (Million Ton) Forecast, by Country, 2019–2030
Table 47: China Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 48: China Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 49: India Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 50: India Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 51: Japan Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 52: Japan Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 53: South Korea Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 54: South Korea Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 55: Rest of Asia Pacific Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 56: Rest of Asia Pacific Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 57: Latin America Lithium Market Revenue (USD Billion) Forecast, by Product, 2019–2030
Table 58: Latin America Lithium Market Volume (Million Ton) Forecast, by Product, 2019–2030
Table 59: Latin America Lithium Market Revenue (USD Billion) Forecast, by Application, 2019–2030
Table 60: Latin America Lithium Market Volume (Million Ton) Forecast, by Application, 2019–2030
Table 61: Latin America Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 62: Latin America Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 63: Latin America Lithium Market Revenue (USD Billion) Forecast, by Country, 2019–2030
Table 64: Latin America Lithium Market Volume (Million Ton) Forecast, by Country, 2019–2030
Table 65: Brazil Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 66: Brazil Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 67: Mexico Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 68: Mexico Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 69: Rest of Latin America Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 70: Rest of Latin America Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 71: Middle East & Africa Lithium Market Revenue (USD Billion) Forecast, by Product, 2019–2030
Table 72: Middle East & Africa Lithium Market Volume (Million Ton) Forecast, by Product, 2019–2030
Table 73: Middle East & Africa Lithium Market Revenue (USD Billion) Forecast, by Application, 2019–2030
Table 74: Middle East & Africa Lithium Market Volume (Million Ton) Forecast, by Application, 2019–2030
Table 75: Middle East & Africa Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 76: Middle East & Africa Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 77: Middle East & Africa Lithium Market Revenue (USD Billion) Forecast, by Country, 2019–2030
Table 78: Middle East & Africa Lithium Market Volume (Million Ton) Forecast, by Country, 2019–2030
Table 79: GCC Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 80: GCC Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 81: South Africa Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 82: South Africa Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Table 83: Rest of Middle East and Africa Lithium Market Revenue (USD Billion) Forecast, by End-User, 2019–2030
Table 84: Rest of Middle East and Africa Lithium Market Volume (Million Ton) Forecast, by End-User, 2019–2030
Figure 1: Global Lithium Market Revenue Breakdown (USD Billion, %) by Region, 2022 & 2030
Figure 2: Global Lithium Market Volume Breakdown (Million Ton, %) by Region, 2022 & 2030
Figure 3: Global Lithium Market Revenue Share (%), by Product, 2022 & 2030
Figure 4: Global Lithium Market Volume Share (%), by Product, 2022 & 2030
Figure 5: Global Lithium Market Forecast (USD Billion), by Carbonate, 2022 & 2030
Figure 6: Global Lithium Market Forecast (Million Ton), by Carbonate, 2022 & 2030
Figure 7: Global Lithium Market Forecast (USD Billion), by Hydroxide, 2022 & 2030
Figure 8: Global Lithium Market Forecast (Million Ton), by Hydroxide, 2022 & 2030
Figure 9: Global Lithium Market Forecast (USD Billion), by Chloride, 2022 & 2030
Figure 10: Global Lithium Market Forecast (Million Ton), by Chloride, 2022 & 2030
Figure 11: Global Lithium Market Forecast (USD Billion), by Metal, 2022 & 2030
Figure 12: Global Lithium Market Forecast (Million Ton), by Metal, 2022 & 2030
Figure 13: Global Lithium Market Forecast (USD Billion), by Others, 2022 & 2030
Figure 14: Global Lithium Market Forecast (Million Ton), by Others, 2022 & 2030
Figure 15: Global Lithium Market Revenue Share (%), by Application, 2022 & 2030
Figure 16: Global Lithium Market Volume Share (%), by Application, 2022 & 2030
Figure 17: Global Lithium Market Forecast (USD Billion), by Batteries, 2022 & 2030
Figure 18: Global Lithium Market Forecast (Million Ton), by Batteries, 2022 & 2030
Figure 19: Global Lithium Market Forecast (USD Billion), by Glass & Ceramics, 2022 & 2030
Figure 20: Global Lithium Market Forecast (Million Ton), by Glass & Ceramics, 2022 & 2030
Figure 21: Global Lithium Market Forecast (USD Billion), by Lubricant, 2022 & 2030
Figure 22: Global Lithium Market Forecast (Million Ton), by Lubricant, 2022 & 2030
Figure 23: Global Lithium Market Forecast (USD Billion), by Polymers, 2022 & 2030
Figure 24: Global Lithium Market Forecast (Million Ton), by Polymers, 2022 & 2030
Figure 25: Global Lithium Market Forecast (USD Billion), by Metallurgy, 2022 & 2030
Figure 26: Global Lithium Market Forecast (Million Ton), by Metallurgy, 2022 & 2030
Figure 27: Global Lithium Market Forecast (USD Billion), by Medical, 2022 & 2030
Figure 28: Global Lithium Market Forecast (Million Ton), by Medical, 2022 & 2030
Figure 29: Global Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 30: Global Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 31: Global Lithium Market Forecast (USD Billion), by Automotive, 2022 & 2030
Figure 32: Global Lithium Market Forecast (Million Ton), by Automotive, 2022 & 2030
Figure 33: Global Lithium Market Forecast (USD Billion), by Consumer Electronics, 2022 & 2030
Figure 34: Global Lithium Market Forecast (Million Ton), by Consumer Electronics, 2022 & 2030
Figure 35: Global Lithium Market Forecast (USD Billion), by Industrial, 2022 & 2030
Figure 36: Global Lithium Market Forecast (Million Ton), by Industrial, 2022 & 2030
Figure 37: Global Lithium Market Forecast (USD Billion), by Energy Storage, 2022 & 2030
Figure 38: Global Lithium Market Forecast (Million Ton), by Energy Storage, 2022 & 2030
Figure 39: Global Lithium Market Forecast (USD Billion), by Others, 2022 & 2030
Figure 40: Global Lithium Market Forecast (Million Ton), by Others, 2022 & 2030
Figure 41: Global Lithium Market Revenue Share (%), by Region, 2022 & 2030
Figure 42: Global Lithium Market Volume Share (%), by Region, 2022 & 2030
Figure 43: North America Lithium Market Revenue (USD Billion), by Country, 2022 & 2030
Figure 44: North America Lithium Market Volume (Million Ton), by Country, 2022 & 2030
Figure 45: North America Lithium Market Revenue Share (%), by Country, 2022 & 2030
Figure 46: North America Lithium Market Volume Share (%), by Country, 2022 & 2030
Figure 47: North America Lithium Market Revenue (USD Billion), by Product, 2022 & 2030
Figure 48: North America Lithium Market Volume (Million Ton), by Product, 2022 & 2030
Figure 49: North America Lithium Market Revenue Share (%), by Product, 2022 & 2030
Figure 50: North America Lithium Market Volume Share (%), by Product, 2022 & 2030
Figure 51: North America Lithium Market Revenue (USD Billion), by Application, 2022 & 2030
Figure 52: North America Lithium Market Volume (Million Ton), by Application, 2022 & 2030
Figure 53: North America Lithium Market Revenue Share (%), by Application, 2022 & 2030
Figure 54: North America Lithium Market Volume Share (%), by Application, 2022 & 2030
Figure 55: North America Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 56: North America Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 57: North America Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 58: North America Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 59: U.S. Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 60: U.S. Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 61: U.S. Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 62: U.S. Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 63: Canada Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 64: Canada Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 65: Canada Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 66: Canada Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 67: Europe Lithium Market Revenue (USD Billion), by Country, 2022 & 2030
Figure 68: Europe Lithium Market Volume (Million Ton), by Country, 2022 & 2030
Figure 69: Europe Lithium Market Revenue Share (%), by Country, 2022 & 2030
Figure 70: Europe Lithium Market Volume Share (%), by Country, 2022 & 2030
Figure 71: Europe Lithium Market Revenue (USD Billion), by Product, 2022 & 2030
Figure 72: Europe Lithium Market Volume (Million Ton), by Product, 2022 & 2030
Figure 73: Europe Lithium Market Revenue Share (%), by Product, 2022 & 2030
Figure 74: Europe Lithium Market Volume Share (%), by Product, 2022 & 2030
Figure 75: Europe Lithium Market Revenue (USD Billion), by Application, 2022 & 2030
Figure 76: Europe Lithium Market Volume (Million Ton), by Application, 2022 & 2030
Figure 77: Europe Lithium Market Revenue Share (%), by Application, 2022 & 2030
Figure 78: Europe Lithium Market Volume Share (%), by Application, 2022 & 2030
Figure 79: Europe Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 80: Europe Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 81: Europe Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 82: Europe Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 83: Germany Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 84: Germany Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 85: Germany Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 86: Germany Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 87: France Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 88: France Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 89: France Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 90: France Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 91: UK Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 92: UK Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 93: UK Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 94: UK Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 95: Italy Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 96: Italy Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 97: Italy Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 98: Italy Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 99: Rest of Europe Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 100: Rest of Europe Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 101: Rest of Europe Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 102: Rest of Europe Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 103: Asia Pacific Lithium Market Revenue (USD Billion), by Country, 2022 & 2030
Figure 104: Asia Pacific Lithium Market Volume (Million Ton), by Country, 2022 & 2030
Figure 105: Asia Pacific Lithium Market Revenue Share (%), by Country, 2022 & 2030
Figure 106: Asia Pacific Lithium Market Volume Share (%), by Country, 2022 & 2030
Figure 107: Asia Pacific Lithium Market Revenue (USD Billion), by Product, 2022 & 2030
Figure 108: Asia Pacific Lithium Market Volume (Million Ton), by Product, 2022 & 2030
Figure 109: Asia Pacific Lithium Market Revenue Share (%), by Product, 2022 & 2030
Figure 110: Asia Pacific Lithium Market Volume Share (%), by Product, 2022 & 2030
Figure 111: Asia Pacific Lithium Market Revenue (USD Billion), by Application, 2022 & 2030
Figure 112: Asia Pacific Lithium Market Volume (Million Ton), by Application, 2022 & 2030
Figure 113: Asia Pacific Lithium Market Revenue Share (%), by Application, 2022 & 2030
Figure 114: Asia Pacific Lithium Market Volume Share (%), by Application, 2022 & 2030
Figure 115: Asia Pacific Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 116: Asia Pacific Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 117: Asia Pacific Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 118: Asia Pacific Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 119: China Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 120: China Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 121: China Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 122: China Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 123: India Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 124: India Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 125: India Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 126: India Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 127: Japan Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 128: Japan Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 129: Japan Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 130: Japan Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 131: South Korea Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 132: South Korea Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 133: South Korea Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 134: South Korea Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 135: Rest of Asia Pacific Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 136: Rest of Asia Pacific Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 137: Rest of Asia Pacific Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 138: Rest of Asia Pacific Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 139: Latin America Lithium Market Revenue (USD Billion), by Country, 2022 & 2030
Figure 140: Latin America Lithium Market Volume (Million Ton), by Country, 2022 & 2030
Figure 141: Latin America Lithium Market Revenue Share (%), by Country, 2022 & 2030
Figure 142: Latin America Lithium Market Volume Share (%), by Country, 2022 & 2030
Figure 143: Latin America Lithium Market Revenue (USD Billion), by Product, 2022 & 2030
Figure 144: Latin America Lithium Market Volume (Million Ton), by Product, 2022 & 2030
Figure 145: Latin America Lithium Market Revenue Share (%), by Product, 2022 & 2030
Figure 146: Latin America Lithium Market Volume Share (%), by Product, 2022 & 2030
Figure 147: Latin America Lithium Market Revenue (USD Billion), by Application, 2022 & 2030
Figure 148: Latin America Lithium Market Volume (Million Ton), by Application, 2022 & 2030
Figure 149: Latin America Lithium Market Revenue Share (%), by Application, 2022 & 2030
Figure 150: Latin America Lithium Market Volume Share (%), by Application, 2022 & 2030
Figure 151: Latin America Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 152: Latin America Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 153: Latin America Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 154: Latin America Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 155: Brazil Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 156: Brazil Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 157: Brazil Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 158: Brazil Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 159: Mexico Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 160: Mexico Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 161: Mexico Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 162: Mexico Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 163: Rest of Latin America Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 164: Rest of Latin America Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 165: Rest of Latin America Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 166: Rest of Latin America Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 167: Middle East & Africa Lithium Market Revenue (USD Billion), by Country, 2022 & 2030
Figure 168: Middle East & Africa Lithium Market Volume (Million Ton), by Country, 2022 & 2030
Figure 169: Middle East & Africa Lithium Market Revenue Share (%), by Country, 2022 & 2030
Figure 170: Middle East & Africa Lithium Market Volume Share (%), by Country, 2022 & 2030
Figure 171: Middle East & Africa Lithium Market Revenue (USD Billion), by Product, 2022 & 2030
Figure 172: Middle East & Africa Lithium Market Volume (Million Ton), by Product, 2022 & 2030
Figure 173: Middle East & Africa Lithium Market Revenue Share (%), by Product, 2022 & 2030
Figure 174: Middle East & Africa Lithium Market Volume Share (%), by Product, 2022 & 2030
Figure 175: Middle East & Africa Lithium Market Revenue (USD Billion), by Application, 2022 & 2030
Figure 176: Middle East & Africa Lithium Market Volume (Million Ton), by Application, 2022 & 2030
Figure 177: Middle East & Africa Lithium Market Revenue Share (%), by Application, 2022 & 2030
Figure 178: Middle East & Africa Lithium Market Volume Share (%), by Application, 2022 & 2030
Figure 179: Middle East & Africa Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 180: Middle East & Africa Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 181: Middle East & Africa Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 182: Middle East & Africa Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 183: GCC Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 184: GCC Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 185: GCC Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 186: GCC Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 187: South Africa Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 188: South Africa Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 189: South Africa Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 190: South Africa Lithium Market Volume Share (%), by End-User, 2022 & 2030
Figure 191: Rest of Middle East & Africa Lithium Market Revenue (USD Billion), by End-User, 2022 & 2030
Figure 192: Rest of Middle East & Africa Lithium Market Volume (Million Ton), by End-User, 2022 & 2030
Figure 193: Rest of Middle East & Africa Lithium Market Revenue Share (%), by End-User, 2022 & 2030
Figure 194: Rest of Middle East & Africa Lithium Market Volume Share (%), by End-User, 2022 & 2030