
Lithium Mining Market: By Type (Lithium Carbonate, Lithium Hydroxide), By Source (Brine, Hard Rock, Others), By Application (Battery, Ceramics and Glass, Lubricants & Grease, Polymer, Flux Powder, Refrigeration, Others), And Region – Global Analysis of Ma
Description
Lithium Mining Market: By Type (Lithium Carbonate, Lithium Hydroxide), By Source (Brine, Hard Rock, Others), By Application (Battery, Ceramics and Glass, Lubricants & Grease, Polymer, Flux Powder, Refrigeration, Others), And Region – Global Analysis of Market Size, Share & Trends For 2019–2021 And Forecasts To 2031
Lithium Mining Market: By Type (Lithium Carbonate, Lithium Hydroxide), By Source (Brine, Hard Rock, Others), By Application (Battery, Ceramics and Glass, Lubricants & Grease, Polymer, Flux Powder, Refrigeration, Others), And Region – Global Analysis of Market Size, Share & Trends For 2019–2021 And Forecasts To 2031
PRODUCT OVERVIEW
Lithium is a chemical element that has multiple industrial applications in modern product manufacture including electronics, vehicles, and healthcare. It can be found in a variety of grease lubricants, pharmaceuticals, lithium-ion batteries, and other applications. In addition to the applications listed above, it can be used to treat a variety of mental illnesses and eating disorders, including schizophrenia, bipolar disorder, anorexia, and bulimia. Because lithium-ion batteries are one of the lightest metals, the majority of electric car manufacturers choose them to preserve vehicle economy.
MARKET HIGHLIGHTS
Global Lithium Mining Market is expected to project a notable CAGR of 6.7% by 2031
Global Lithium Mining Market to surpass USD 3.1 billion by 2031 from USD 1.6 billion in 2021 at a CAGR of 6.7% in the coming years, i.e., 2021-2031. The market is likely to be driven by factors such as expanding electric car sales and the rising need for batteries. Furthermore, as the demand for electrical and electronic items grows, so does the demand for batteries. During the next assessment period, the rapid adoption of electric vehicles in emerging economies is predicted to generate substantial prospects for the worldwide lithium mining market.
GLOBAL LITHIUM MINING MARKET: SEGMENTS
Lithium Carbonate segment is expected to grow with the highest CAGR during 2021-31
On the basis of Type, the global Lithium Mining Market is fragmented into Lithium Carbonate, and Lithium Hydroxide. Lithium carbonate accounts for the majority of mining because of its widespread production from brines and hard rock mining. It is simple to create, and thus accounts for the majority of metal produced. It's widely utilized in the glass and ceramic industries, as well as in the medical field to treat mental health issues. The concentrate segment is likely to rise indirectly as hard rock mining activities increase around the world. A rapid increase in chloride production is projected as a result of new technological breakthroughs in brine manufacturing.
Hard Rock segment is expected to grow with the highest CAGR during 2021-31
Global Lithium Mining Market is classified on the basis of Source into Brine, Hard Rock, and Others. The hard rock sector dominates the market due to the largest quantity of reserves in the globe in the form of hard rocks. The earth's brine deposits are likewise abundant, but they aren't being used to their full potential. Bolivia's salt flats are a good illustration of this.
MARKET DYNAMICS
Drivers
The Explosive Use of Lithium Mining in Air treatment Applications
Growing Applications in Consumer Electronics and the Automotive Sector
Restraint
Strict Regulations for Environment Protection
GLOBAL LITHIUM MINING MARKET:
Key Players
- Albemarle
- Jiangxi Ganfeng Lithium
- Livent
- Nemaska Lithium
- Orocobre limited
- Sichuan Tianqi Lithium Industries
- SQM
- Lithium Americas Corp
- Youngy Corporation Ltd
- Mineral Resources Limited
- Other Prominent Players
Lithium Mining Market Segments:
- By Type
- Lithium Carbonate
- Lithium Hydroxide
- By Source
- Brine
- Hard Rock
- Others
- By Application
- Battery
- Ceramics and Glass
- Lubricants & Grease
- Polymer
- Flux Powder
- Refrigeration
- Others
- Lithium Mining Market Dynamics
- Lithium Mining Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved in the Market
- Value Chain of the Market
- Market Drivers and Restraints
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
Table of Contents
292 Pages
- 1. Executive Summary
- 1.1. Regional Market Share
- 1.2. Business Trends
- 1.3. Global Market: COVID-19 Outbreak
- 1.4. Regional Trends
- 1.5. Segmentation Snapshot
- 2 Research Methodology
- 2.1. Research Objective
- 2.2. Research Approach
- 2.3. Data Sourcing and Methodology
- 2.4. Primary Research
- 2.5. Secondary Research
- 2.5.1. Paid Sources
- 2.5.2. Public Sources
- 2.6. Market Size Estimation and Data Triangulation
- 3 Market Characteristics
- 3.1. Market Definition
- 3.2. Global Lithium Mining Market: COVID-19 Impact
- 3.3. Key Segmentations
- 3.4. Key Developments
- 3.5. Allied Industry Data
- 4 Global Lithium Mining Market - Industry Insights
- 4.1. Industry Segmentation
- 4.2. COVID-19 overview on world economy
- 4.3. Industry ecosystem Channel analysis
- 4.4. Innovation & Sustainability
- 5 Macroeconomic Indicators
- 6 Recent Developments
- 7 Market Dynamics
- 7.1. Introduction
- 7.2. Growth Drivers
- 7.3. Market Opportunities
- 7.4. Market Restraints
- 7.5. Market Trends
- 8 Risk Analysis
- 9 Market Analysis
- 9.1. Porters Five Forces
- 9.2. PEST Analysis
- 9.2.1. Political
- 9.2.2. Economic
- 9.2.3. Social
- 9.2.4. Technological
- 10 Global Lithium Mining Market
- 10.1. Overview
- 10.2. Historical Analysis (2016-2020)
- 10.2.1. Market Size, Y-o-Y Growth (%), and Market Forecast
- 11 Global Lithium Mining Market Size & Forecast 2020A-2031F
- 11.1. Overview
- 11.2. Key Findings
- 11.3. Market Segmentation
- 11.3.1. By Type
- 11.3.1.1. Lithium Carbonate
- • By Value (USD Million) 2020-2031F
- • Market Share (%) 2020-2031F
- • Y-o-Y Growth (%) 2021-2031F
- 11.3.1.2. Lithium Hydroxide
- • By Value (USD Million) 2020-2031F
- • Market Share (%) 2020-2031F
- • Y-o-Y Growth (%) 2021-2031F
- 11.3.2. By Source
- 11.3.2.1. Lithium Hydroxide
- • By Value (USD Million) 2020-2031F
- • Market Share (%) 2020-2031F
- • Y-o-Y Growth (%) 2021-2031F
- 11.3.2.2. Hard Rock
- • By Value (USD Million) 2020-2031F
- • Market Share (%) 2020-2031F
- • Y-o-Y Growth (%) 2021-2031F
- 11.3.2.3. Others
- • By Value (USD Million) 2020-2031F
- • Market Share (%) 2020-2031F
- • Y-o-Y Growth (%) 2021-2031F
- 11.3.3. By Application
- 11.3.3.1. Battery
- • By Value (USD Million) 2020-2031F
- • Market Share (%) 2020-2031F
- • Y-o-Y Growth (%) 2021-2031F
- 11.3.3.2. Ceramics and Glass
- • By Value (USD Million) 2020-2031F
- • Market Share (%) 2020-2031F
- • Y-o-Y Growth (%) 2021-2031F
- 11.3.3.3. Lubricants & Grease
- • By Value (USD Million) 2020-2031F
- • Market Share (%) 2020-2031F
- • Y-o-Y Growth (%) 2021-2031F
- 11.3.3.4. Polymer
- • By Value (USD Million) 2020-2031F
- • Market Share (%) 2020-2031F
- • Y-o-Y Growth (%) 2021-2031F
- 11.3.3.5. Flux Powder
- • By Value (USD Million) 2020-2031F
- • Market Share (%) 2020-2031F
- • Y-o-Y Growth (%) 2021-2031F
- 11.3.3.6. Refrigeration
- • By Value (USD Million) 2020-2031F
- • Market Share (%) 2020-2031F
- • Y-o-Y Growth (%) 2021-2031F
- 11.3.3.7. Others
- • By Value (USD Million) 2020-2031F
- • Market Share (%) 2020-2031F
- • Y-o-Y Growth (%) 2021-2031F
- 12 North America Lithium Mining Market Size & Forecast 2020A-2031F
- 12.1. Overview
- 12.2. Key Findings
- 12.3. Market Segmentation
- 12.3.1. By Type
- 12.3.2. By Source
- 12.3.3. By Application
- 12.4. Country
- 12.4.1. United States
- 12.4.2. Mexico
- 12.4.3. Canada
- 13 Europe Lithium Mining Market Size & Forecast 2020A-2031F
- 13.1. Overview
- 13.2. Key Findings
- 13.3. Market Segmentation
- 13.3.1. By Type
- 13.3.2. By Source
- 13.3.3. By Application
- 13.4. Country
- 13.4.1. Germany
- 13.4.2. United Kingdom
- 13.4.3. France
- 13.4.4. Rest of Europe
- 14 Asia Pacific Lithium Mining Market Size & Forecast 2020A-2031F
- 14.1. Overview
- 14.2. Key Findings
- 14.3. Market Segmentation
- 14.3.1. By Type
- 14.3.2. By Source
- 14.3.3. By Application
- 14.4. By Country
- 14.4.1. India
- 14.4.2. China
- 14.4.3. Japan
- 14.4.4. Rest of APAC
- 15 Middle East and Africa Lithium Mining Market Size & Forecast 2020A-2031F
- 15.1. Overview
- 15.2. Key Findings
- 15.3. Market Segmentation
- 15.3.1. By Type
- 15.3.2. By Source
- 15.3.3. By Application
- 15.4. Country
- 15.4.1. North Africa
- 15.4.2. South Africa
- 15.4.3. Rest of Middle East and Africa
- 16 Latin America Lithium Mining Market Size & Forecast 2020A-2031F
- 16.1. Overview
- 16.2. Key Findings
- 16.3. Market Segmentation
- 16.3.1. By Type
- 16.3.2. By Source
- 16.3.3. By Application
- 16.4. Country
- 16.4.1. Mexico
- 16.4.2. Brazil
- 16.4.3. Rest of Latin America
- 17 Competitive Landscape
- 17.1. Company market share, 2020
- 17.2. Key player overview
- 17.3. Key stakeholders
- 18 Company Profiles
- 18.1. Albemarle
- 18.1.1. Company Overview
- 18.1.2. Financial Overview
- 18.1.3. Key Product; Analysis
- 18.1.4. Company Assessment
- 18.1.4.1. Product Portfolio
- 18.1.4.2. Key Clients
- 18.1.4.3. Market Share
- 18.1.4.4. Recent News & Development (Last 3 Yrs.)
- 18.1.4.5. Executive Team
- 18.2. Jiangxi Ganfeng Lithium
- 18.3. Livent
- 18.4. Nemaska Lithium
- 18.5. Orocobre limited
- 18.6. Sichuan Tianqi Lithium Industries
- 18.7. SQM
- 18.8. Lithium Americas Corp
- 18.9. Youngy Corporation Ltd
- 18.10. Mineral Resources Limited
- 18.11. Other Prominent Players
- 19 Appendix
- 20 Consultant Recommendation
Pricing
Currency Rates
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