The MEA Lithium Market size is estimated at 17.70 LCE kilotons in 2024, and is expected to reach 32.51 LCE kilotons by 2029, growing at a CAGR of 12.93% during the forecast period (2024-2029).
The COVID-19 pandemic harmed the lithium sector. Global lockdowns and severe rules enforced by governments resulted in a catastrophic setback as most production hubs were shut down. Nonetheless, the business is recovering since 2021 and is expected to rise significantly in the coming years.
The Middle East and Africa Lithium markets are consolidated, with the top five players accounting for a major market share. The key players in the market include Albemarle Corporation, SQM S.A., Orocobre Limited Pty Ltd, Lepidico Ltd, and FMC Corporation.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook