Lithium is among the most abundant elements on earth. Though lithium is found in over 130 mineralogical species, yet petalite, lepidolite and spodumene are some commercially viable minerals. In addition, sea water, sedimentary clays, oil field brines and geothermal brines are some sources of lithium. Lithium is processed into lithium carbonate which is widely employed in glasses, ceramics and pharmaceuticals. Lithium hydroxide, on the other side, is predominantly used in the manufacturing of electric vehicles.
The Insight Partners offers a latest published report on Lithium Market 2019 – Global Analysis and Forecasts 2027 will help Major Players and the new entrants to understand scrutinize the market in detail. This report focuses on the key global Lithium Industry Key Manufacturer, to describe, define and analyze the value, market share, trends, market demand, research, competition landscape, SWOT analysis and development plans in the coming years.
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The Key Players Profiled In The Market Include:
1. Albemarle Corporation
2. Altura Mining
3. Avalon Advanced Materials Inc.
4. Galaxy Resources Limited
5. Jiangxi Ganfeng Lithium Co.,Ltd.
6. Lithium Americas Corp.
7. Nemaska Lithium Inc.
8. Neometals Ltd
9. Orocobre Limited
10. Tianqi Lithium Corp
The lithium market is anticipated to grow in the forecast period owing to increasing demands from the energy sector. Growth of the battery based transportation coupled with the rising popularity of smart grids further fuel the lithium market growth. However, rigidity in the value chain affects the price of the lithium, which hampers the growth of the lithium market. On the other hand, viable production of lithium from rock deposits is likely to showcase growth opportunities for the lithium market.
The global lithium market is segmented on the basis of type, application and end-use industry. Based on type, the market is segmented as metal, compound and alloy. On the basis of the application, the market is segmented as battery, air treatment, glass and ceramics, metallurgy and others. The market, on the basis of the end-use industry, is classified as industrial, consumer electronics, electric vehicle, medical and others.
The research thoroughly establishes critical market drivers, well-identified restraints, future opportunities, and ongoing trends of the market with essential statistics to provide precise data in terms of value and volume. The report focuses on the competitive landscape along with the SWOT analysis of some leading company profiles that have a significant impact on global market practices.
Reasons to buy the report:-
The global study on Lithium Market sums up area wise market distribution with respect to five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America covering the political, economic, social, and technological scenario for each region and its impact on the market. The report further breaks down the analysis for the major countries in these regions to provide a detailed picture of the market share and growth rate.
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The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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