Lithium Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

Nov 2018| TMR1067A| Transparency

Report Highlights

Lithium Market - Overview

Lithium is a lightweight metal, which is an important element employed in the lithium-ion battery technology. Several manufacturers are focused on production of lithium derivatives such as lithium carbonate and lithium hydroxide. Lithium products are primarily used in energy storage systems, automobiles, household electricity applications, and consumer electronics products. Advancements in the energy storage sector are likely to boost the demand for lithium across the world in the near future. Asia Pacific is a key region of the global lithium market, owing to presence of leading manufacturers in countries such as Japan and China. Lithium-ion batteries are highly suitable for use in electric vehicles, due to their high energy efficiency and long shelf life.

Based on product, the global lithium market has been classified into lithium carbonate, lithium hydroxide, lithium chloride, and others (such as lithium bromide, lithium iodide). Lithium carbonate is the highly consumed product type of lithium, due to improved specific capacity and power density. In terms of application, the global lithium market has been categorized into energy storage, air treatment, greases & lubricants, glasses & ceramics, and others (such as medical and pharmaceutical). Energy storage applications of lithium include E-vehicles, E-bikes, consumer electronics, and grid storage.

Increase in production of electric vehicles is considered one of the key factors driving the global lithium market. Major automobile manufacturers are engaged in the production of electric vehicles such as hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), and pure battery electric vehicles (BEVs). Li-ion batteries are light in weight. Extensive research efforts and investments have given rise to advanced battery technologies that are suitable for use in electric vehicles all over the world. Air treatment is another key application, wherein lithium is highly employed. Lithium is used for removal of carbon dioxide, especially in space crafts and submarines. Also, it is widely used for the dehumidification purpose.

Application of lithium in medical and pharmaceutical industries is on the rise. Lithium is widely used in the treatment of mental disorders such as schizophrenia and cyclic depression. Lithium is used as a synthetic agent in the manufacture of drugs. Alkyl lithium is used as a synthetic agent for the manufacture of organic intermediates that can be used for drugs and agricultural chemicals. Primary lithium batteries are employed in cardiac pacemakers, drug pumps, neurostimulators, etc., while secondary lithium batteries are used in applications such as artificial hearts and implantable hearing assist devices.

A large number of raw material suppliers operate in the market. Companies engaged in the mining of lithium can integrate forward to manufacture lithium batteries for various applications such as electric vehicles, greases and lubricants, and air treatment.

The report analyzes and forecasts the market for lithium at the global and regional levels. The market has been projected in terms of volume (tons) and revenue (US$ Mn) for the period from 2018 to 2026. The study includes drivers and restraints of the global lithium market. It also covers the anticipated impact of these drivers and restraints on the demand for lithium during the forecast period. The report also highlights opportunities for growth of the lithium market at the global and regional levels.

The report comprises detailed value chain analysis, which provides a comprehensive view of the global lithium market. Porter’s five forces model for the lithium market has also been included to help understand the competition landscape of the market. The study encompasses market attractiveness analysis, wherein product and application segments have been benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the global lithium market by segmenting it in terms of product, application, and region. These segments have been analyzed based on the present and future trends. Regional segmentation includes the current and forecast demand for lithium in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers individual product and application segments of the lithium market in every region.

The study includes profiles of major companies operating in the global lithium market. Key players profiled in the report include SQM, Albermarle Corporation, FMC Corporation, and Tianqi Lithium Corporation. These players account for a major share of the total production of lithium. Moreover, they are forward integrated. Brand promotion and launch of new products are likely to raise sales of lithium in the next few years. Market leaders look for different measures such as strategic pricing and product improvement in order to increase their profit margin.

The report provides the estimated market size of the global lithium market for 2018 and forecast for the next nine years. The size of the global lithium market has been provided in terms of revenue. Market numbers have been estimated for product, application, and regional segments. Market size and forecast for each segment have been provided for the global as well as regional markets.

Global Lithium Market, by Product
Lithium Carbonate
Lithium Hydroxide
Lithium Chloride
Others

Global Lithium Market, by Application
Energy Storage
E-vehicles
E-bikes
Consumer Electronics
Grid Storage
Air Treatment
Greases & Lubricants
Glasses & Ceramics
Others

Global Lithium Market, by Region
orth America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Spain
Norway
Russia & CIS
Rest of Europe
Asia Pacific
China
Japan
India
ASEAN
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
South Africa
GCC
Rest of Middle East & Africa

Key Takeaways

The report provides extensive analysis of market trends from 2018 to 2026 in order to identify growth opportunities and market developments
It provides comparative analysis of various applications wherein lithium is used
It offers analysis of the lithium production process as well as value chain analysis
It identifies key factors useful to build a roadmap for upcoming growth opportunities for the lithium market at the global, regional, and country levels
The report provides a detailed competition landscape of key players operating in the market in order to help understand the competition level
The report provides information on the supply–demand scenario and production of lithium in every region
It also provide insights on lithium reserves, by key countries
It provides a list of potential customers of lithium along with their contact details
The report provides detailed pricing analysis based on product and application segments
The report offers Porter’s five forces analysis that highlights the power of buyers and suppliers

  • Table 1 : Average Price Range of Lithium (US$/Ton), by Region, 2017
  • Table 2 : Average Price Range of Lithium, by Product, 2017
  • Table 3 : Global Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 4 : Global Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 5 : Global Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 6 : Global Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Region, 2017-2026
  • Table 7 : North America Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 8 : North America Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 9 : North America Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 10 : North America Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Country, 2017-2026
  • Table 11 : U.S Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 12 : U.S. Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 13 : U.S Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 14 : Canada Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 15 : Canada Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 16 : Canada Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 17 : Europe Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 18 : Europe Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 19 : Europe Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 20 : Europe Lithium Market Volume (Tons) Forecast, by Country/Sub-region, 2017-2026
  • Table 21 : Europe Lithium Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017-2026
  • Table 22 : Germany Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 23 : Germany Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 24 : Germany Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 25 : France Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 26 : France Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 27 : France Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 28 : U.K. Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 29 : U.K. Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 30 : U.K. Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 31 : Russia & CIS Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 32 : Russia & CIS Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 33 : Russia & CIS Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 34 : Italy Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 35 : Italy Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 36 : Italy Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 37 : Norway Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 38 : Norway Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 39 : Norway Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 40 : Rest of Europe Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 41 : Rest of Europe Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 42 : Rest of Europe Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 43 : Asia Pacific Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 44 : Asia Pacific Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 45 : Asia Pacific Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 46 : Asia Pacific Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Country/Sub-region, 2017-2026
  • Table 47 : Asia Pacific Lithium Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017-2026
  • Table 48 : China Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 49 : China Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 50 : China Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 51 : India Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 52 : India Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 53 : India Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 54 : Japan Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 55 : Japan Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 56 : Japan Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 57 : South Korea Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 58 : South Korea Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 59 : South Korea Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 60 : ASEAN Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 61 : ASEAN Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 62 : ASEAN Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 63 : Rest of Asia Pacific Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 64 : Rest of Asia Pacific Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 65 : Rest of Asia Pacific Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 66 : Latin America Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 67 : Latin America Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 68 : Latin America Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 69 : Latin America Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Country/Sub-region, 2017-2026
  • Table 70 : Brazil Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 71 : Brazil Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 72 : Brazil Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 73 : Mexico Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 74 : Mexico Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 75 : Mexico Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 76 : Rest of Latin America Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 77 : Rest of Latin America Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 78 : Rest of Latin America Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 79 : Middle East & Africa Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 80 : Middle East & Africa Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 81 : Middle East & Africa Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 82 : Middle East & Africa Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Country/Sub-region, 2017-2026
  • Table 83 : GCC Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 84 : GCC Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 85 : GCC Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 86 : South Africa Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 87 : South Africa Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 88 : South Africa Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 89 : Rest of Middle East & Africa Lithium Market Volume (Tons) and Value (US$ Mn) Forecast, by Product, 2017-2026
  • Table 90 : Rest of Middle East & Africa Lithium Market Volume (Tons) Forecast, by Application, 2017-2026
  • Table 91 : Rest of Middle East & Africa Lithium Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Figure 1 : Global Lithium Market Snapshot
  • Figure 2 : Production of Lithium, by Region, 2017
  • Figure 3 : Global Lithium Market Value (US$ Mn) and Volume (Tons) Forecast, 2017–2026
  • Figure 4 : Global Lithium Market Attractiveness Analysis, by Region, 2017
  • Figure 5 : Global Lithium Market Value (US$ Mn) and Volume (Tons) Analysis, by Lithium Carbonate, 2017–2026
  • Figure 6 : Global Lithium Market Value (US$ Mn) and Volume (Tons) Analysis, by Lithium Hydroxide, 2017–2026
  • Figure 7 : Global Lithium Market Value (US$ Mn) and Volume (Tons) Analysis, by Lithium Chloride, 2017–2026
  • Figure 8 : Global Lithium Market Value (US$ Mn) and Volume (Tons) Analysis, by Others, 2017–2026
  • Figure 9 : Global Lithium Market Volume Share Analysis, by Product, 2017 and 2026
  • Figure 10 : Global Lithium Market Attractiveness Analysis, by Product, 2017
  • Figure 11 : Global Lithium Market Value (US$ Mn) and Volume (Tons) Analysis, by Energy Storage, 2017–2026
  • Figure 12 : Global Lithium Market Value (US$ Mn) and Volume (Tons) Analysis, by Air Treatment, 2017-2026
  • Figure 13 : Global Lithium Market Value (US$ Mn) and Volume (Tons) Analysis, by Greases & Lubricants, 2017–2026
  • Figure 14 : Global Lithium Market Value (US$ Mn) and Volume (Tons) Analysis, by Glasses & Ceramics, 2017–2026
  • Figure 15 : Global Lithium Market Value (US$ Mn) and Volume (Tons) Analysis, by Others, 2017–2026
  • Figure 16 : Global Lithium Market Volume Share Analysis, by Application, 2017 and 2026
  • Figure 17 : Global Lithium Market Attractiveness Analysis, by Application, 2017
  • Figure 18 : Global Lithium Market Volume Share Analysis, by Region, 2017 and 2026
  • Figure 19 : North America Lithium Market Value (US$ Mn) and Volume (Tons) Forecast, 2017–2026
  • Figure 20 : North America Lithium Market Attractiveness Analysis, by Country
  • Figure 21 : North America Lithium Market Volume Share Analysis, by Product, 2017 and 2026
  • Figure 22 : North America Lithium Market Volume Share Analysis, by Application, 2017 and 2026
  • Figure 23 : North America Lithium Market Volume Share Analysis, by Country, 2017 and 2026
  • Figure 24 : North America Lithium Market Attractiveness Analysis, by Product, 2017
  • Figure 25 : North America Lithium Market Attractiveness Analysis, by Application, 2017
  • Figure 26 : Europe Lithium Market Value (US$ Mn) and Volume (Tons) Forecast, 2017–2026
  • Figure 27 : Europe Lithium Market Attractiveness Analysis, by Country/Sub-region
  • Figure 28 : Europe Lithium Market Volume Share Analysis, by Product, 2017 and 2026
  • Figure 29 : Europe Lithium Market Volume Share Analysis, by Application, 2017 and 2026
  • Figure 30 : Europe Lithium Market Volume Share Analysis, by Country, 2017 and 2026
  • Figure 31 : Europe Lithium Market Attractiveness Analysis, by Product, 2017
  • Figure 32 : Europe Lithium Market Attractiveness Analysis, by Application, 2017
  • Figure 33 : Asia Pacific Lithium Market Value (US$ Mn) and Volume (Tons) Forecast, 2017–2026
  • Figure 34 : Asia Pacific Lithium Market Attractiveness Analysis, by Country/Sub-region, 2017
  • Figure 35 : Asia Pacific Lithium Market Volume Share Analysis, by Product, 2017 and 2026
  • Figure 36 : Asia Pacific Lithium Market Volume Share Analysis, by Application, 2017 and 2026
  • Figure 37 : Asia Pacific Lithium Market Volume Share Analysis, by Country/Sub-region, 2017 and 2026
  • Figure 38 : Asia Pacific Lithium Market Attractiveness Analysis, by Product, 2017
  • Figure 39 : Asia Pacific Lithium Market Attractiveness Analysis, by Application, 2017
  • Figure 40 : Latin America Lithium Market Value (US$ Mn) and Volume (Tons) Forecast, 2017–2026
  • Figure 41 : Latin America Lithium Market Attractiveness Analysis, by Country/Sub-region
  • Figure 42 : Latin America Lithium Market Volume Share Analysis, by Product, 2017 and 2026
  • Figure 43 : Latin America Lithium Market Volume Share Analysis, by Application, 2017 and 2026
  • Figure 44 : Latin America Lithium Market Volume Share Analysis, by Country/Sub-region, 2017 and 2026
  • Figure 45 : Latin America Lithium Market Attractiveness Analysis, by Product, 2017
  • Figure 46 : Latin America Lithium Market Attractiveness Analysis, by Application, 2017
  • Figure 47 : Middle East & Africa Lithium Market Value (US$ Mn) and Volume (Tons) Forecast, 2017–2026
  • Figure 48 : Middle East & Africa Lithium Market Attractiveness Analysis, by Country/Sub-region, 2017
  • Figure 49 : Middle East & Africa Lithium Market Volume Share Analysis, by Product, 2017 and 2026
  • Figure 50 : Middle East & Africa Lithium Market Volume Share Analysis, by Application, 2017 and 2026
  • Figure 51 : Middle East & Africa Lithium Market Volume Share Analysis, by Country/Sub-region, 2017 and 2026
  • Figure 52 : Middle East & Africa Lithium Market Attractiveness Analysis, by Product, 2017
  • Figure 53 : Middle East & Africa Lithium Market Attractiveness Analysis, by Application, 2017
  • Figure 54 : Global Lithium Market Value Share Analysis, by Company (2017)

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