Lithium Compounds Market 2020 Analysis by Demand, Business Growth, Evolving Technologies, Emerging Trends, Key Players and Forecast to 2025 - PowerPoint PPT Presentation

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Lithium Compounds Market 2020 Analysis by Demand, Business Growth, Evolving Technologies, Emerging Trends, Key Players and Forecast to 2025

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The global Lithium Compound market size is projected to reach over USD 9 billion by 2025. – PowerPoint PPT presentation

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Date added: 12 July 2020
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Title: Lithium Compounds Market 2020 Analysis by Demand, Business Growth, Evolving Technologies, Emerging Trends, Key Players and Forecast to 2025


1
Lithium Compounds Market
  • by Market by Derivative (Lithium Carbonate,
    Lithium Hydroxide, Lithium Metal, Butyl Lithium,
    Lithium Concentrate, Lithium Chloride, and
    Others), End Use (Li-Ion Batteries, Medical,
    Glass ceramics, Lubricants, Metallurgy,
    Polymers, and Others), Industry Vertical
    (Aerospace Defense, Automobile, Energy,
    Chemicals, Pharmaceuticals, and Others), and by
    Region, Global Forecasts 2018 to 2025

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2
Lithium Compounds Market Size and Share 2025
  • The global Lithium Compound market size is
    projected to reach over USD 9 billion by 2025.
    Lithium is an alkali metal that is generally
    present among the soil, human body, animals, and
    plants. It is a light weight metal with less
    density when compared to other elements. The
    lithium compounds, primarily find its application
    in rechargeable and non-rechargeable batteries.
    The lithium is primarily used across glass
    ceramics, Li-ion batteries, healthcare, and
    lubricant industry. Its battery utilization finds
    application across a broad range of sectors
    including laptop, cellular devices, electric
    vehicle, and power generation storage including
    others.
  • The positive government outlook toward promotion
    of electric vehicle and solar energy owing to
    rising environmental concerns is driving the
    industry upsurge. The rising inclination toward
    information technology and digitization has
    shifted consumer lifestyle toward electronic
    devices, which in turn is further escalating the
    industry upsurge. The key advantage of the
    battery is its higher energy density and lighter
    weight when compared to the other available
    alternatives which in turn will catapult the
    industry upsurge over the forecast timeline.
  • The report also throws light on various aspects
    of the global Lithium Compound industry by
    assessing the market using value chain analysis.
    The report covers several qualitative aspects of
    the Lithium Compound industry in market drivers,
    market restraints and key industry trends.
    Furthermore, the report provides an in-depth
    assessment of the market competition with company
    profiles of global as well as local vendors.

3
Lithium Compounds Market Size and Share 2025
  • The Lithium Compound market holds a strong
    competition among the well-established and new
    emerging players. These market players target to
    gain a competitive advantage over the other
    players by participating in partnerships,
    mergers, and acquisitions and expanding their
    businesses.
  • The Lithium Compound market is categorized into
    Li-Ion batteries, medical, glass ceramics,
    lubricants, metallurgy, polymers, and others on
    the basis of end use. The lithium ion segment is
    expected to expand at a growth rate of around 20
    over the forecast period on account of its rising
    demand of batteries. Further, growing demand from
    automobile, energy storage, and consumer
    electronics component are expected to catapult
    the segment growth over the forecast timeframe.
  • Europe is poised to experience a substantial
    upsurge in the coming years. Rising concern
    associated with environmental changes leading to
    the adoption of electric vehicle and solar and
    wind energy storage is contributing toward
    industrial upsurge where these systems utilize
    battery to store energy. Supportive measures by
    the government to favor the promotion of these
    units will in turn positively impact the business
    landscape. In addition, ongoing innovation
    activities by the industry players to improve
    battery capabilities and improve the charging
    rate will further drive the product demand.

4
Lithium Compounds Market Size and Share 2025
  • Derivative Overview, 2018-2025, (USD Million and
    kilotons)
  • Lithium Carbonate
  • Lithium Hydroxide
  • Lithium Metal
  • Butyl Lithium
  • Lithium Concentrate
  • Lithium Chloride
  • Others
  • End Use Overview, 2018-2025, (USD Million and
    kilotons)
  • Li-Ion Batteries
  • Medical
  • Glass ceramics
  • Lubricants
  • Metallurgy
  • Polymers
  • Others
  • Industry Vertical Overview, 2018-2025, (USD
    Million and kilotons)
  • Aerospace Defense
  • Automobile

5
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
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