Global Lithium Compounds Market Size study, byEnd Use by derivatives and Regional Forecasts 2022-2028

Description

List of Tables

Global Lithium Compounds Market is valued approximately USD 6.8 billion in 2021 and is anticipated to grow with a healthy growth rate of more than12% over the forecast period 2022-2028.Lithium is a silver-white alkali metal collected mostly from ores and mineral springs. It is a mixture of the corrosive isotopes Li6 and Li7, which burn with a white flame. It has the lowest density of any metal and may be converted into organic and inorganic compounds such as oxide, nitride, carbide, hydride, and hydroxide. These compounds are widely used in a wide range of industrial applications, including the production of ceramics, nuclear materials, glass, medicines, and batteries.Rising demand for lithium compounds used in the manufacture of ceramics and glass to boost the strength of ceramics, as well as the growing demand for energy-saving gadgets, are driving expansion.Furthermore, a rapid increase in technological advancements for the production of high-efficiency batteries is producing a positive market outlook. Other factors driving market growth include the increasing usage of lithium compounds in the healthcare industry and major investments in infrastructure development. In 2019, Due to the growing popularity of electric vehicles, BMW Group announced an arrangement with Ganfeng Lithium, a Chinese lithium extraction business, to supply LiOH for battery cells. As public awareness of the need for environmentally friendly automobiles grows, BMW plans to introduce 25 electrified models with lithium-ion batteries., However, the high costs of compounds, as well as their substitution by various equivalents, are likely to stifle market expansion.

The key regions considered for the global Lithium Compounds Marketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America hold the dominance in the market due to growing industrial sector in the region. Asia Pacific held the highest proportion of the global lithium compounds market. Rising demand for novel energy storage applications in automobiles, grid-connected energy storage, and increased consumer gadget demand are projected to alter market dynamics. Massive economic expansion and thriving electronics and electric car sectors in Asia Pacific countries such as China, Japan, South Korea, Thailand, and Taiwan are to blame for the region's high growth rate. China is currently the Asia Pacific region's largest market for lithium compounds. In terms of value and volume, the market in this region is also expected to grow at the fastest rate during the forecast period.

Major market player included in this report are:

Albemarle Corporation

Sociedad Quimica Y Minera De Chile S.A. (SQM)

Livent Corporation

Tianqi Lithium Industries Inc.

Ganfeng Lithium Co. Ltd.

China Lithium Products Technology Co. Ltd.

Sichuan Ni&CoGuorun New Materials Co. Ltd.

Shanghai China Lithium Industrial Co. Ltd.

Nemaska Lithium Inc.

Bacanora Lithium

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

ByEnd Use:

Li-ion Batteries

Glass & Ceramics

Medical

Lubricants

Metallurgy

Polymers

Others

By Derivatives:

Lithium Carbonate

Lithium Hydroxide

Lithium Concentrate

Lithium Metal

Butyl Lithium

Lithium Chloride & Others

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Animal HealthMarket in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Lithium Compounds Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Lithium Compounds Market, by End Use,2020-2028 (USD Billion)
- 1.2.3. Lithium Compounds Market, by Derivatives ,2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Lithium Compounds Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Lithium Compounds Market Dynamics

3.1. Lithium Compounds Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growth of the market for portable electronic devices that use li-ion batteries
  - 3.1.1.2. Switch from traditional fuel cars to electric vehicles
- 3.1.2. market Challenges
  - 3.1.2.1. Lack of recharging infrastructure
- 3.1.3. market Opportunities
  - 3.1.3.1. Developing energy storage within the power sector

Chapter 4. Global Lithium Compounds MarketIndustry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Lithium Compounds Market, by End Use

6.1. Market Snapshot
6.2. Global Lithium Compounds Market by End Use, Performance - Potential Analysis
6.3. Global Lithium Compounds Market Estimates & Forecasts by End Use2018-2028 (USD Billion)
6.4. Lithium Compounds Market, Sub Segment Analysis
- 6.4.1. Li-ion Batteries
- 6.4.2. Glass & Ceramics
- 6.4.3. Medical
- 6.4.4. Lubricants
- 6.4.5. Metallurgy
- 6.4.6. Polymers
- 6.4.7. Others

Chapter 7. Global Lithium Compounds Market, by Derivatives

7.1. Market Snapshot
7.2. Global Lithium Compounds Market by Derivatives , Performance - Potential Analysis
7.3. Global Lithium Compounds Market Estimates & Forecasts by Derivatives 2018-2028 (USD Billion)
7.4. Lithium Compounds Market, Sub Segment Analysis
- 7.4.1. Lithium Carbonate
- 7.4.2. Lithium Hydroxide
- 7.4.3. Lithium Concentrate
- 7.4.4. Lithium Metal
- 7.4.5. Butyl Lithium
- 7.4.6. Lithium Chloride & Others

Chapter 8. Global Lithium Compounds Market, Regional Analysis

8.1. Lithium Compounds Market, Regional Market Snapshot
8.2. North America Lithium Compounds Market
- 8.2.1. U.S. Lithium Compounds Market
  - 8.2.1.1. End Use breakdown estimates & forecasts, 2018-2028
  - 8.2.1.2. Derivatives breakdown estimates & forecasts, 2018-2028
- 8.2.2. CanadaLithium Compounds Market
8.3. Europe Lithium Compounds Market Snapshot
- 8.3.1. U.K. Lithium Compounds Market
- 8.3.2. Germany Lithium Compounds Market
- 8.3.3. France Lithium Compounds Market
- 8.3.4. Spain Lithium Compounds Market
- 8.3.5. Italy Lithium Compounds Market
- 8.3.6. Rest of EuropeLithium Compounds Market
8.4. Asia-PacificLithium Compounds Market Snapshot
- 8.4.1. China Lithium Compounds Market
- 8.4.2. India Lithium Compounds Market
- 8.4.3. JapanLithium Compounds Market
- 8.4.4. Australia Lithium Compounds Market
- 8.4.5. South Korea Lithium Compounds Market
- 8.4.6. Rest of Asia PacificLithium Compounds Market
8.5. Latin America Lithium Compounds Market Snapshot
- 8.5.1. Brazil Lithium Compounds Market
- 8.5.2. Mexico Lithium Compounds Market
8.6. Rest of The World Lithium Compounds Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Albemarle Corporation
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Derivatives Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Sociedad Quimica Y Minera De Chile S.A. (SQM)
- 9.2.3. Livent Corporation
- 9.2.4. Tianqi Lithium Industries Inc.
- 9.2.5. Ganfeng Lithium Co. Ltd.
- 9.2.6. China Lithium Products Technology Co. Ltd.
- 9.2.7. Sichuan Ni&CoGuorun New Materials Co. Ltd.
- 9.2.8. Shanghai China Lithium Industrial Co. Ltd.
- 9.2.9. Nemaska Lithium Inc.
- 9.2.10. Bacanora Lithium

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Lithium Compounds Market, report scope
TABLE 2. Global Lithium Compounds Market estimates & forecasts by Region2018-2028 (USDBillion)
TABLE 3. Global Lithium Compounds Market estimates & forecasts byEnd Use2018-2028 (USDBillion)
TABLE 4. Global Lithium Compounds Market estimates & forecasts byDerivatives2018-2028 (USDBillion)
TABLE 1. Global Lithium Compounds Market by segment, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 2. Global Lithium Compounds Market by region, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 3. Global Lithium Compounds Market by segment, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 4. Global Lithium Compounds Market by region, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 5. Global Lithium Compounds Market by segment, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 6. Global Lithium Compounds Market by region, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 7. Global Lithium Compounds Market by segment, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 8. Global Lithium Compounds Market by region, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 9. Global Lithium Compounds Market by segment, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 10. Global Lithium Compounds Market by region, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 11. U.S. Lithium Compounds Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 12. U.S. Lithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 13. U.S. Lithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 14. Canada Lithium Compounds Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 15. Canada Lithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 16. Canada Lithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 17. UKLithium Compounds Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 18. UKLithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 19. UKLithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 20. Germany Lithium Compounds Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 21. Germany Lithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 22. Germany Lithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 23. RoELithium Compounds Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 24. RoELithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 25. RoELithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 26. China Lithium Compounds Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 27. China Lithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 28. China Lithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 29. India Lithium Compounds Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 30. India Lithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 31. India Lithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 32. Japan Lithium Compounds Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 33. Japan Lithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 34. Japan Lithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 35. RoAPACLithium Compounds Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 36. RoAPACLithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 37. RoAPACLithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 38. Brazil Lithium Compounds Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 39. Brazil Lithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 40. Brazil Lithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 41. Mexico Lithium Compounds Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 42. Mexico Lithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 43. Mexico Lithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 44. RoLALithium Compounds Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 45. RoLALithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 46. RoLALithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 47. Row Lithium Compounds Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 48. Row Lithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 49. Row Lithium Compounds Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 50. List of secondary sources, used in the study of global Lithium Compounds Market
TABLE 51. List of primary sources, used in the study of global Lithium Compounds Market
TABLE 52. Years considered for the study
TABLE 53. Exchange rates considered

LIST OF FIGURES

List of figures

FIG 1. Global Lithium Compounds Market, research methodology
FIG 2. Global Lithium Compounds Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Lithium Compounds Market, key trends 2021
FIG 5. Global Lithium Compounds Market, growth prospects 2022-2028
FIG 6. Global Lithium Compounds Market, porters 5 force model
FIG 7. Global Lithium Compounds Market, pest analysis
FIG 8. Global Lithium Compounds Market, value chain analysis
FIG 9. Global Lithium Compounds Market by segment, 2018 & 2028 (USDBillion)
FIG 10. Global Lithium Compounds Market by segment, 2018 & 2028 (USDBillion)
FIG 11. Global Lithium Compounds Market by segment, 2018 & 2028 (USDBillion)
FIG 12. Global Lithium Compounds Market by segment, 2018 & 2028 (USDBillion)
FIG 13. Global Lithium Compounds Market by segment, 2018 & 2028 (USDBillion)
FIG 14. Global Lithium Compounds Market, regional snapshot 2018 & 2028
FIG 15. North America Lithium Compounds Market2018 & 2028 (USDBillion)
FIG 16. Europe Lithium Compounds Market2018 & 2028 (USDBillion)
FIG 17. Asia pacific Lithium Compounds Market2018 & 2028 (USDBillion)
FIG 18. Latin America Lithium Compounds Market2018 & 2028 (USDBillion)
FIG 19. Global Lithium Compounds Market, company Market share analysis (2021)