Global Lithium Market 2023-2027

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	172 Pages	TechNavio	February, 2023	INF17792643

Best Price Guarantee
Price	from $2,500
Length	172 Pages
Publisher	TechNavio
Published Date	February, 2023
SKU	INF17792643

Global Lithium Market 2023-2027

Technavio has been monitoring the lithium market and is forecast to grow by 1066.47 thousand t during 2022-2027, accelerating at a CAGR of 25% during the forecast period. Our report on the lithium market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by surge in demand from diversified applications and rise in demand from developing countries.

Technavio's lithium market is segmented as below:

By Application

Batteries
Ceramics and glass
Grease
Polymer
Others

By Product

Carbonate
Hydroxide
Others

By Geography

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the capacity expansions to accelerate market growth as one of the prime reasons driving the lithium market growth during the next few years. Also, rise in preference for renewable energy and rise in number of partnerships and R&D activities will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the lithium market covers the following areas:

Lithium market sizing
Lithium market forecast
Lithium market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lithium market vendors that include Albemarle Corp., Avalon Advanced Materials Inc., Critical Elements Lithium Corp., Ganfeng Lithium Co. Ltd., IGO Ltd., Lithium Americas Corp., Lithium Australia Ltd., Livent Corp., MGX Minerals Inc., Mineral Resources Ltd., Nemaska Lithium Inc., Neometals Ltd., Orocobre Ltd., Perseus Mining Ltd., Pilbara Minerals Ltd., Pluspetrol Resources Corporation B.V., Sayona Mining Ltd., Sociedad Quimica y Minera de Chile SA, Tianqi Lithium Corp., and Shanghai Oujin Lithium Industrial Co. Ltd. Also, the lithium market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by Application
  - Table Executive Summary – Chart on Market Segmentation by Product
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2022
- Market outlook: Forecast for 2022-2027
  - Table Chart on Global - Market size and forecast 2022-2027 (thousand t)
  - Table Data Table on Global - Market size and forecast 2022-2027 (thousand t)
  - Table Chart on Global Market- Year-over-year growth 2022-2027 (%)
  - Table Data Table on Global Market- Year-over-year growth 2022-2027 (%)
Historic Market Size
- Global lithium market 2017 - 2021
  - Table Historic Market Size – Data Table on Global lithium market 2017 - 2021 (thousand t)
- Application Segment Analysis 2017 - 2021
  - Table Historic Market Size – Application Segment 2017 - 2021 (thousand t)
- Product Segment Analysis 2017 - 2021
  - Table Historic Market Size – Product Segment 2017 - 2021 (thousand t)
- Geography Segment Analysis 2017 - 2021
  - Table Historic Market Size – Geography Segment 2017 - 2021 (thousand t)
- Country Segment Analysis 2017 - 2021
  - Table Historic Market Size – Country Segment 2017 - 2021 (thousand t)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2022 and 2027
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2022 and 2027
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2022 and 2027
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2022 and 2027
- Market condition
  - Table Chart on Market condition - Five forces 2022 and 2027
Market Segmentation by Application
- Market segments
  - Table Chart on Application - Market share 2022-2027 (%)
  - Table Data Table on Application - Market share 2022-2027 (%)
- Comparison by Application
  - Table Chart on Comparison by Application
  - Table Data Table on Comparison by Application
- Batteries - Market size and forecast 2022-2027
  - Table Chart on Batteries - Market size and forecast 2022-2027 (thousand t)
  - Table Data Table on Batteries - Market size and forecast 2022-2027 (thousand t)
  - Table Chart on Batteries - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Batteries - Year-over-year growth 2022-2027 (%)
- Ceramics and glass - Market size and forecast 2022- 2027
  - Table Chart on Ceramics and glass - Market size and forecast 2022-2027 (thousand t)
  - Table Data Table on Ceramics and glass - Market size and forecast 2022-2027 (thousand t)
  - Table Chart on Ceramics and glass - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Ceramics and glass - Year-over-year growth 2022-2027 (%)
- Grease - Market size and forecast 2022-2027
  - Table Chart on Grease - Market size and forecast 2022-2027 (thousand t)
  - Table Data Table on Grease - Market size and forecast 2022-2027 (thousand t)
  - Table Chart on Grease - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Grease - Year-over-year growth 2022-2027 (%)
- Polymer - Market size and forecast 2022-2027
  - Table Chart on Polymer - Market size and forecast 2022-2027 (thousand t)
  - Table Data Table on Polymer - Market size and forecast 2022-2027 (thousand t)
  - Table Chart on Polymer - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Polymer - Year-over-year growth 2022-2027 (%)
- Others - Market size and forecast 2022-2027
  - Table Chart on Others - Market size and forecast 2022-2027 (thousand t)
  - Table Data Table on Others - Market size and forecast 2022-2027 (thousand t)
  - Table Chart on Others - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Others - Year-over-year growth 2022-2027 (%)
- Market opportunity by Application
  - Table Market opportunity by Application (thousand t)
  - Table Data Table on Market opportunity by Application (thousand t)
Market Segmentation by Product
- Market segments
  - Table Chart on Product - Market share 2022-2027 (%)
  - Table Data Table on Product - Market share 2022-2027 (%)
- Comparison by Product
  - Table Chart on Comparison by Product
  - Table Data Table on Comparison by Product
- Carbonate - Market size and forecast 2022-2027
  - Table Chart on Carbonate - Market size and forecast 2022-2027 (thousand t)
  - Table Data Table on Carbonate - Market size and forecast 2022-2027 (thousand t)
  - Table Chart on Carbonate - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Carbonate - Year-over-year growth 2022-2027 (%)
- Hydroxide - Market size and forecast 2022-2027
  - Table Chart on Hydroxide - Market size and forecast 2022-2027 (thousand t)
  - Table Data Table on Hydroxide - Market size and forecast 2022-2027 (thousand t)
  - Table Chart on Hydroxide - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Hydroxide - Year-over-year growth 2022-2027 (%)
- Others - Market size and forecast 2022-2027
  - Table Chart on Others - Market size and forecast 2022-2027 (thousand t)
  - Table Data Table on Others - Market size and forecast 2022-2027 (thousand t)
  - Table Chart on Others - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Others - Year-over-year growth 2022-2027 (%)
- Market opportunity by Product
  - Table Market opportunity by Product (thousand t)
  - Table Data Table on Market opportunity by Product (thousand t)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2022-2027 (%)
  - Table Data Table on Market share by geography 2022-2027 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2022-2027
  - Table Chart on APAC - Market size and forecast 2022-2027 (thousand t)
  - Table Data Table on APAC - Market size and forecast 2022-2027 (thousand t)
  - Table Chart on APAC - Year-over-year growth 2022-2027 (%)
  - Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
- North America - Market size and forecast 2022-2027
  - Table Chart on North America - Market size and forecast 2022-2027 (thousand t)
  - Table Data Table on North America - Market size and forecast 2022-2027 (thousand t)
  - Table Chart on North America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on North America - Year-over-year growth 2022-2027 (%)
- Europe - Market size and forecast 2022-2027
  - Table Chart on Europe - Market size and forecast 2022-2027 (thousand t)
  - Table Data Table on Europe - Market size and forecast 2022-2027 (thousand t)
  - Table Chart on Europe - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
- South America - Market size and forecast 2022-2027
  - Table Chart on South America - Market size and forecast 2022-2027 (thousand t)
  - Table Data Table on South America - Market size and forecast 2022-2027 (thousand t)
  - Table Chart on South America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on South America - Year-over-year growth 2022-2027 (%)
- Middle East and Africa - Market size and forecast 2022- 2027
  - Table Chart on Middle East and Africa - Market size and forecast 2022-2027 (thousand t)
  - Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 (thousand t)
  - Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- China - Market size and forecast 2022-2027
  - Table Chart on China - Market size and forecast 2022-2027 (thousand t)
  - Table Data Table on China - Market size and forecast 2022-2027 (thousand t)
  - Table Chart on China - Year-over-year growth 2022-2027 (%)
  - Table Data Table on China - Year-over-year growth 2022-2027 (%)
- US - Market size and forecast 2022-2027
  - Table Chart on US - Market size and forecast 2022-2027 (thousand t)
  - Table Data Table on US - Market size and forecast 2022-2027 (thousand t)
  - Table Chart on US - Year-over-year growth 2022-2027 (%)
  - Table Data Table on US - Year-over-year growth 2022-2027 (%)
- Japan - Market size and forecast 2022-2027
  - Table Chart on Japan - Market size and forecast 2022-2027 (thousand t)
  - Table Data Table on Japan - Market size and forecast 2022-2027 (thousand t)
  - Table Chart on Japan - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
- South Korea - Market size and forecast 2022-2027
  - Table Chart on South Korea - Market size and forecast 2022-2027 (thousand t)
  - Table Data Table on South Korea - Market size and forecast 2022-2027 (thousand t)
  - Table Chart on South Korea - Year-over-year growth 2022-2027 (%)
  - Table Data Table on South Korea - Year-over-year growth 2022-2027 (%)
- Germany - Market size and forecast 2022-2027
  - Table Chart on Germany - Market size and forecast 2022-2027 (thousand t)
  - Table Data Table on Germany - Market size and forecast 2022-2027 (thousand t)
  - Table Chart on Germany - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
- Market opportunity by geography
  - Table Market opportunity by geography (thousand t)
  - Table Market opportunity by geography (thousand t) - Volume
Drivers, Challenges, and Trends
- Market drivers
  - Surge in demand from diversified applications
  - Rise in demand from developing countries
  - Increased demand from EVs industry
- Market challenges
  - Rise in availability of substitute products
  - Lack of recharging infrastructure
  - Toxicity of lithium hydroxide
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2022 and 2027
- Market trends
  - Capacity expansions to accelerate market growth
  - Rise in preference for renewable energy
  - Rise in number of partnerships and R and D activities
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- Albemarle Corp.
  - Table Albemarle Corp. - Overview
  - Table Albemarle Corp. - Business segments
  - Table Albemarle Corp. - Key news
  - Table Albemarle Corp. - Key offerings
  - Table Albemarle Corp. - Segment focus
- Avalon Advanced Materials Inc.
  - Table Avalon Advanced Materials Inc. - Overview
  - Table Avalon Advanced Materials Inc. - Product / Service
  - Table Avalon Advanced Materials Inc. - Key offerings
- Critical Elements Lithium Corp.
  - Table Critical Elements Lithium Corp. - Overview
  - Table Critical Elements Lithium Corp. - Product / Service
  - Table Critical Elements Lithium Corp. - Key offerings
- Ganfeng Lithium Co. Ltd.
  - Table Ganfeng Lithium Co. Ltd. - Overview
  - Table Ganfeng Lithium Co. Ltd. - Business segments
  - Table Ganfeng Lithium Co. Ltd. - Key offerings
  - Table Ganfeng Lithium Co. Ltd. - Segment focus
- IGO Ltd.
  - Table IGO Ltd. - Overview
  - Table IGO Ltd. - Product / Service
  - Table IGO Ltd. - Key offerings
- Lithium Americas Corp.
  - Table Lithium Americas Corp. - Overview
  - Table Lithium Americas Corp. - Business segments
  - Table Lithium Americas Corp. - Key offerings
  - Table Lithium Americas Corp. - Segment focus
- Lithium Australia Ltd.
  - Table Lithium Australia Ltd. - Overview
  - Table Lithium Australia Ltd. - Product / Service
  - Table Lithium Australia Ltd. - Key news
  - Table Lithium Australia Ltd. - Key offerings
- Livent Corp.
  - Table Livent Corp. - Overview
  - Table Livent Corp. - Product / Service
  - Table Livent Corp. - Key offerings
- MGX Minerals Inc.
  - Table MGX Minerals Inc. - Overview
  - Table MGX Minerals Inc. - Product / Service
  - Table MGX Minerals Inc. - Key offerings
- Nemaska Lithium Inc.
  - Table Nemaska Lithium Inc. - Overview
  - Table Nemaska Lithium Inc. - Product / Service
  - Table Nemaska Lithium Inc. - Key offerings
- Orocobre Ltd.
  - Table Orocobre Ltd. - Overview
  - Table Orocobre Ltd. - Business segments
  - Table Orocobre Ltd. - Key offerings
  - Table Orocobre Ltd. - Segment focus
- Pilbara Minerals Ltd.
  - Table Pilbara Minerals Ltd. - Overview
  - Table Pilbara Minerals Ltd. - Product / Service
  - Table Pilbara Minerals Ltd. - Key offerings
- Pluspetrol Resources Corporation B.V.
  - Table Pluspetrol Resources Corporation B.V. - Overview
  - Table Pluspetrol Resources Corporation B.V. - Product / Service
  - Table Pluspetrol Resources Corporation B.V. - Key offerings
- Shanghai Oujin Lithium Industrial Co. Ltd.
  - Table Shanghai Oujin Lithium Industrial Co. Ltd. - Overview
  - Table Shanghai Oujin Lithium Industrial Co. Ltd. - Product / Service
  - Table Shanghai Oujin Lithium Industrial Co. Ltd. - Key offerings
- Tianqi Lithium Corp.
  - Table Tianqi Lithium Corp. - Overview
  - Table Tianqi Lithium Corp. - Product / Service
  - Table Tianqi Lithium Corp. - Key offerings
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations