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North America Lithium Compound Market Report, 2025-2033

Publisher IMARC Services Pvt. Ltd.
Published Aug 01, 2025
Length 120 Pages
SKU # IMRC20290514

Description

The North America lithium compound market size reached 75,073.3 Tons LCE in 2024. Looking forward, IMARC Group expects the market to reach 182,728.9 Tons LCE by 2033, exhibiting a growth rate (CAGR) of 9.87% during 2025-2033.

Lithium is a silvery-white alkali metal, which is stored in mineral oil owing to its highly reactive and flammable nature. As a result of its corrosive nature in moist air, lithium never occurs freely. Both lithium and its compounds find several industrial applications in the production of batteries, steel and aluminum, heat-resistant glass and ceramics, grease lubricants, flux additives, automotive parts, etc. The lithium compound market in the region is being driven by the rising demand for lithium-ion batteries for devices such as laptops, mobile phones and calculators. Moreover, recent advances in the lithium battery technology has expanded its application from the healthcare sector for cardiac pacemakers to military operations for thermal batteries.

The North America lithium compound market is currently being driven by several factors. A majority of the population in the region depends on electronic gadgets, like smartphones, tablets and laptops, for communication along with other daily activities. As a result, they consistently upgrade these devices, in turn, supporting the growth of the lithium compound market. Moreover, the implementation of the Paris Agreement has stimulated the demand for electric vehicles in the region, in order to mitigate greenhouse gas (GHG) emissions. This is impacting the market positively as electric vehicles employ lithium compound products in the form of a major component. Apart from this, the booming construction sector has led to an escalated demand for different types of glass and ceramics, thereby bolstering the growth of the industry. Further, expanding application of lithium-ion batteries across the healthcare and automotive sectors is also providing a thrust to the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the North America lithium compound market report, along with forecasts at the regional and country level from 2025-2033. Our report has categorized the market based on type and end-use.
  • Key Regions Analysed
United States

Canada

Mexico
  • Analysis for Each Country
  • Market by Type
    • Lithium Carbonate

    Lithium Hydroxide

    Lithium Concentrate

    Lithium Metal

    Lithium Chloride

    Butyllithium

    Others
  • Market by End-Use
    • Batteries

    Glass and Glass Ceramics

    Automotive Parts

    Greases

    Metallurgy

    Polymer

    Air Treatment

    Others
  • Value Chain Analysis
  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • PESTEL Analysis
  • Government Regulations
  • Competitive Landscape
    • Competitive Structure

    Key Player Profiles

    Key Questions Answered in This Report

    1.What was the size of the North America lithium compound market in 2024?

    2.What is the expected growth rate of the North America lithium compound market during 2025-2033?

    3.What are the key factors driving the North America lithium compound market?

    4.What has been the impact of COVID-19 on the North America lithium compound market?

    5.What is the breakup of the North America lithium compound market based on the type?

    6.What is the breakup of the North America lithium compound market based on the end-use?

    7.What are the key regions in the North America lithium compound market?

    Table of Contents

    120 Pages
    1 Preface
    2 Scope and Methodology
    2.1 Objectives of the Study
    2.2 Stakeholders
    2.3 Data Sources
    2.3.1 Primary Sources
    2.3.2 Secondary Sources
    2.4 Market Estimation
    2.4.1 Bottom-Up Approach
    2.4.2 Top-Down Approach
    2.5 Forecasting Methodology
    3 Executive Summary
    4 Introduction
    4.1 Overview
    4.2 Key Industry Trends
    5 Global Lithium Compound Market
    5.1 Market Performance
    5.2 Market Breakup by Type
    5.3 Market Breakup by End-Use
    5.4 Market Breakup by Region
    5.5 Market Forecast
    6 North America Lithium Compound Market
    6.1 Market Performance
    6.2 Impact of COVID-19
    6.3 Market Forecast
    7 North America Lithium Compound Market: Breakup by Type
    7.1 Lithium Carbonate
    7.2 Lithium Hydroxide
    7.3 Lithium Concentrate
    7.4 Lithium Metal
    7.5 Lithium Chloride
    7.6 Butyllithium
    7.7 Other Lithium Compound
    8 North America Lithium Compound Market: Breakup by End-Use
    8.1 Batteries
    8.2 Glass and Glass Ceramics
    8.3 Automotive Parts
    8.4 Greases
    8.5 Metallurgy
    8.6 Polymer
    8.7 Air Treatment
    8.8 Others
    9 North America Lithium Compound Market: Breakup by Country
    9.1 United States
    9.1.1 Historical Market Trends
    9.1.2 Market Breakup by Type
    9.1.3 Market Breakup by End-Use
    9.1.4 Market Forecast
    9.2 Canada
    9.2.1 Historical Market Trends
    9.2.2 Market Breakup by Type
    9.2.3 Market Breakup by End-Use
    9.2.4 Market Forecast
    9.3 Mexico
    9.3.1 Historical Market Trends
    9.3.2 Market Breakup by Type
    9.3.3 Market Breakup by End-Use
    9.3.4 Market Forecast
    10 SWOT Analysis
    10.1 Overview
    10.2 Strengths
    10.3 Weaknesses
    10.4 Opportunities
    10.5 Threats
    11 Value Chain Analysis
    11.1 Overview
    11.2 Research and Development
    11.3 Raw Material Procurement
    11.4 Manufacturing
    11.5 Distribution
    11.6 Export
    11.7 End-Use
    12 Porter’s Five Forces Analysis
    12.1 Overview
    12.2 Bargaining Power of Buyers
    12.3 Bargaining Power of Suppliers
    12.4 Degree of Rivalry
    12.5 Threat of New Entrants
    12.6 Threat of Substitutes
    13 Price Analysis
    14 Competitive Landscape
    14.1 Market Structure
    14.2 Key Players
    14.3 Profiles of Key Players

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