Over the next five years, the research study projects that Lithium Metal will register a 10.8% CAGR in terms of revenue, reach US$ 680 million by 2023, from US$ 360 million in 2017.
Lithium Metal is one kind of silver white metal, the relative molecular weight is 6.941, the melting point is 180.5 ?, the boiling point is about 1342?, the density is about 0.534g/cm3. In the series of metal, it has the least density. It has widely application, like alloys, battery, Pharmacy and so on.
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The classification of Lithium Metal includes Salt Lake Brine and Lithium Ore, and the proportion of Salt Lake Brine in 2017 is about 51.82%.
China is the largest supplier of Lithium Metal, with a production market share nearly 51.94% in 2017. North America is the second largest supplier of Lithium Metal, enjoying production market share nearly 22% in 2017.
North America is the largest consumption place, with a consumption market share nearly 35% in 2017. Following North America, China is the second largest consumption place with the consumption market share of 28%.
This report presents a comprehensive overview, market shares, and growth opportunities of Lithium Metal market by product type, application, key manufacturers and key regions.
To calculate the market size, the research study considers value and volume generated from the sales of the following segments. The segmentation by product type are Salt Lake Brine and Lithium Ore. Also, the segmentation by application are Alloy, Pharmaceutical & Intermediate, Battery and Others.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report such as GanFeng, CNNC Jianzhong, FMC, Rockwood, Hongwei Lithium, Novosibirsk, CEL and Tianqi Lithium.
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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