Lithium mining is the extraction of lithium from various sources such as hard rocks and brines. Producing lithium from brines is a cost-effective and the most efficient process. Byproducts extracted from lithium mining include saleable compounds such as boron or potash. Other alternative sources used to extract lithium are heavy oil wastewater and hydraulic fracturing brine. Further, the increasing use of lithium in lubricants, batteries, and steel and aluminum production, and others, is creating opportunities for the lithium mining market in the coming years.
Based on the source, lithium is mainly extracted from brine water sources such as seawater and groundwater, and other surface water sources. Among brine water sources, briny lakes offer the highest concentration of lithium. However, lithium mining is affected by changing weather conditions, which is restraining the demand for lithium mining from brine deposits in recent years. Further, the hard rock lithium deposit is expected to witness the fastest growth during the forecast period. Hard rock lithium deposits are less dependent on changing climate for production and are evenly distributed across the globe. Owing to this, lithium mining from hard rocks is expected to grow in the coming years.
Based on the type, lithium hydroxide dominated the market in 2018, owing to the high standard and superior performance offered by the product. This product is widely used in glass, metal castings, and others. Based on applications, the battery segment holds a significant share owing to the high consumption of the metal in the production of electric and hybrid vehicles, energy storage systems, lithium-ion batteries, and others.
Asia pacific dominated the market in 2018 and is expected to show similar trends during the forecast period. The increasing adoption of lightweight metals in batteries, glass, grease, and others is driving the growth of the lithium mining market in the region. China is leading the Asia market as the region has highly concentrated lithium deposits.
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approach Adopted
1.3.4.1 Top-Down Approach
1.3.4.2 Bottom-Up Approach
1.3.5 Assumptions
1.4 Market Segmentation Scope
Chapter 2 Executive Summary
2.1 Market Summary
2.1.1 Global Lithium Mining Market, 2016-2023, (US$ Mn)
2.1 Market Snapshot: Global Lithium Mining Market
2.2 Market Dynamics
2.3 Global Lithium Mining Market, by Segment, 2018
2.3.1 Global Lithium Mining Market, by Source, 2018, (US$ Mn)
2.3.2 Global Lithium Mining Market, by Type, 2018,(US$ Mn)
2.3.3 Global Lithium Mining Market, by Application, 2018,(US$ Mn)
2.3.4 Global Lithium Mining Market, by Region, 2018 (US$ Mn)
2.4 Premium Insights
2.4.1 Lithium Mining Market In Developed Vs. Developing Economies, 2018 vs 2023
2.4.2 Global Lithium Mining Market: Regional Life Cycle Analysis
Chapter 3 Market Dynamics
3.1 Market Overview
3.2 Market Drivers
3.2.1 The changing customer expectation
3.2.2 The increasing government initiatives
3.2.3 Driver 3
3.3 Market Restraints
3.3.1 Lack of professional expertise
3.3.2 Restraint 2
3.4 Market Opportunities
3.4.1 The unmanageable amount of data volume across various industries
3.4.2 Opportunity 2
3.5 Industry Value Chain Analysis
3.5.1 Analyst’s Views
3.6 Industry SWOT Analysis
Chapter 4 Global Lithium Mining Market, by Source
4.1 Market Overview, by Source
4.1.1 Global Lithium Mining Market, by Source, 2016-2023 (US$ Mn)
4.1.2 Incremental Opportunity, by Source, From 2018-2023
4.2 Brines
4.2.1 Global Lithium Mining Market, by Brines, 2016-2023, (US$ Mn)
4.3 Hard Rocks
4.3.1 Global Lithium Mining Market, by Hard Rocks, 2016-2023, (US$ Mn)
Chapter 5 Global Lithium Mining Market, by Type
5.1 Market Overview, by Type
5.1.1 Global Lithium Mining Market, by Type , 2016-2023 (US$ Mn)
5.1.2 Incremental Opportunity, by Type , From 2018-2023
5.2 Lithium Hydroxide
5.2.1 Global Lithium Mining Market, by Lithium Hydroxide, 2016-2023, (US$ Mn)
5.3 Lithium Carbonate
5.3.1 Global Lithium Mining Market, by Lithium Carbonate, 2016-2023, (US$ Mn)
Chapter 6 Global Lithium Mining Market, by Application
6.1 Market Overview, by Application
6.1.1 Global Lithium Mining Market, by Application, 2016-2023 (US$ Mn)
6.1.2 Incremental Opportunity, by Application, From 2018-2023
6.2 Batteries
6.2.1 Global Lithium Mining Market, by Batteries, 2016-2023, (US$ Mn)
6.3 Glass
6.3.1 Global Lithium Mining Market, by Glass, 2016-2023, (US$ Mn)
6.4 Grease
6.4.1 Global Lithium Mining Market, by Grease, 2016-2023, (US$ Mn)
6.5 Air Conditioning Equipment
6.5.1 Global Lithium Mining Market, by Air Conditioning Equipment, 2016-2023, (US$ Mn)
6.6 Others
6.6.1 Global Lithium Mining Market, by Others, 2016-2023, (US$ Mn)
Chapter 7 Global Lithium Mining Market, by Region
7.1 Market Overview, by Region
7.1.1 Global Lithium Mining Market, by Region, 2016-2023, (US$ Mn)
7.2 Attractive Investment Opportunity, by Region, 2018
7.3 North America Lithium Mining Market
7.3.1 North America Lithium Mining Market, by Source, 2016-2023 (US$ Mn)
7.3.2 North America Lithium Mining Market, by Type , 2016-2023 (US$ Mn)
7.3.3 North America Lithium Mining Market, by Application , 2016-2023 (US$ Mn)
7.3.4 United States Country Profile
7.3.4.1 United States Lithium Mining Market, 2016-2023 (US$ Mn)
Summary: Get latest Market Research Reports on Lithium Mining . Industry analysis & Market Report on Lithium Mining is a syndicated market report, published as Global Lithium Mining Market - Segment Analysis, Opportunity Assessment, Competitive Intelligence, Industry Outlook 2016-2023. It is complete Research Study and Industry Analysis of Lithium Mining market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.