According to our (Global Info Research) latest study, the global Lithium Ores market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.
Lithium is often recovered from brine, or water with a high concentration of lithium carbonate. Subsurface brines trapped in the Earth’s crust are a major source material for lithium carbonate. These sources are less expensive to mine than from rock such as spodumene, petalite, and other lithium-bearing minerals.
Brine production of lithium begins by first pumping the brine into evaporative ponds. Over 12 to 18 months, concentration of the brine increases to 6,000 ppm Li through solar evaporation. When the lithium chloride reaches optimum concentration, the liquid is pumped to a recovery plant and treated with soda ash, precipitating lithium carbonate, which is then filtrated, dried, and shipped.
Lithium compounds are used in ceramics and glass, in primary aluminum production, in the manufacture of lubricants and greases, rocket propellants, vitamin A synthesis, silver solders, underwater buoyancy devices, and increasingly in batteries.
Lithium batteries are proving to be an effective and affordable alternative to traditional batteries, and also in new battery applications. More than 50% of lithium mined is used in batteries. This use has recently increased rapidly spurring an increase in lithium mining to provide the lithium for batteries.
Lithium is mixed with other light metals such as aluminum and magnesium to form strong, light-weight alloys (an alloy is a mixture of metals).
The Global Info Research report includes an overview of the development of the Lithium Ores industry chain, the market status of Ceramics and Glass (Saline Lake lithium, Mineral), Battery (Saline Lake lithium, Mineral), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Lithium Ores.
Regionally, the report analyzes the Lithium Ores markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Lithium Ores market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Lithium Ores market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Lithium Ores industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Saline Lake lithium, Mineral).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Lithium Ores market.
Regional Analysis: The report involves examining the Lithium Ores market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Lithium Ores market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Lithium Ores:
Company Analysis: Report covers individual Lithium Ores manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Lithium Ores This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Ceramics and Glass, Battery).
Technology Analysis: Report covers specific technologies relevant to Lithium Ores. It assesses the current state, advancements, and potential future developments in Lithium Ores areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Lithium Ores market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Lithium Ores market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Saline Lake lithium
Mineral
Market segment by Application
Ceramics and Glass
Battery
Grease
Chemical Industry
Other
Major players covered
Jiangxi Ganfeng Lithium
Tianqi Lithium
Albemarle
Livent
Jiangxi Special Electric Motor
Mineral Resources
Sichuan Yahua Industrial Group
Galaxy Resources
Orocobre
Chemetall (Germany)
FMC (USA)
Talison (Australia)
Rockwell(USA)
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Lithium Ores product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Lithium Ores, with price, sales, revenue and global market share of Lithium Ores from 2019 to 2024.
Chapter 3, the Lithium Ores competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Lithium Ores breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Lithium Ores market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Lithium Ores.
Chapter 14 and 15, to describe Lithium Ores sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Lithium Ores. Industry analysis & Market Report on Lithium Ores is a syndicated market report, published as Global Lithium Ores Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Lithium Ores market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.