Lithium Market till 2018-2025 – New Study by Adroit Market Research

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Global Lithium Market

• Drivers, Restraints, Potential Growth
  Opportunities, Vendor Competitive Landscape,
  Trends and Forecast 2018

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2
Global Lithium Market Size, Status and Forecast
2018-2025

• The global Lithium market remain optimistic for
  lithium future as uptrend demand for the metal is
  envisioned to get tripled by the end of 2025. The
  global lithium market size is growing at a rate
  of xx which is projected at USD xx Bn currently.
  Growth of the market is anticipated to be majorly
  driven by rapid expansion in lithium-ion battery
  industry for both hybrid as well as electric
  vehicles, high-drain portable electronics and
  energy storage systems. In terms of lithium
  carbonate equivalent (LCE), lithium market value
  is projected to touch USD xx Bn. As current state
  of lithium is short in number, auto manufacturers
  commenced to lock-in lithium suppliers.
• Asia-Pacific is estimated to be at the top of
  market, owing to prompt increment in production
  of consumer electronics and electrical vehicles.
  Battery segment witnessed fastest growth by
  application. Lithium-ion batteries offers
  distinctive cost, performance and other vital
  parameters. The growing adoption of EV is driven
  by the concerns for environment, as electric
  vehicles reduce carbon emission levels.
• Government has put forward various stringent
  emission norms to reduce and control carbon
  emissions. Lithiums combination of high
  electrochemical and low mass potential makes it
  perfectly suitable for EV battery usage.
  Registrations for electric cars hit shocking
  record in year 2016. China was the leading
  electric car market in 2016, registering more
  than double the sales in the U.S.

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Global Lithium Market Size, Status and Forecast
2018-2025

• As registered battery application segment to the
  largest application segment over the past years.
  Lithium batteries are segmented into rechargeable
  and disposable. Disposable lithium batteries
  mainly makes use of lithium in metallic form as
  an anode. As a result they have longer life than
  standard batteries. These batteries found in
  several applications, including telecommunication
  devices and consumer electronics. Higher adoption
  of the lithium batteries is due to the growing
  demand from markets, such as cell phones,
  laptops, electric vehicles (EVs), video games,
  toys, tablets, power tools, e-bikes, and other
  electronic devices. Based on the end-use
  segments, categories include Metallurgical
  Powders, Batteries, Greases, Air Treatment
  Pharmaceuticals, Glass Ceramics.
• Asia-Pacific region is expected to lead the
  global lithium market. In that region, China
  constitutes of one-fourth portion of the global
  lithium market share. Abundant availability of
  resources such as spodumene, brine and other
  lithium deposits is booming the market. North
  America is also a strong emerging market for
  lithium compounds, because of increasing demand
  from end-use industries. In 2014, North America
  accounted second-largest market for lithium
  compounds consumption. Rising demand for grid
  connected energy storage and high requirements of
  consumer gadgets are anticipated to change the
  market dynamics.
• Browse the complete report on _at_
  https//www.adroitmarketresearch.com/industry-repo
  rts/lithium-market

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Global Lithium Market Size, Status and Forecast
2018-2025

• Expectations for lithium market are that mining
  operations will ramp up positively to satisfy the
  demand which could be is positive indication for
  enterprises. Active companies in the market
  include
• Albemarle Corporation (USA), FMC Lithium (USA),
  Jiangxi Ganfeng Lithium Co., Ltd. (China),
  Millennial Lithium Corp. (Canada), Neometals Ltd.
  (Australia), Lithium Americas Corporation (USA),
  Sichuan Tianqi Lithium Industries (China),
  Sociedad Qumica y Minera de Chile S.A (Chile),
  Altura Mining Ltd. (Australia), Galaxy Resources
  Limited (Australia), Nemaska Lithium, Inc.
  (Canada), Orocobre Limited (Australia) and
  Pilbara Minerals Ltd. (Australia).
• Purchase a single user copy of the global garnet
  market report _at_ https//www.adroitmarketresearch.c
  om/researchreport/purchase/138

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