Lithium Mining Market
Lithium Mining Market Analysis by Lithium Carbonate and Lithium Hydroxide for Batteries, Glass & Ceramics, Grease, Polymers, and Flux Powder from Insights to 2033
Analysis of Lithium Mining Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Lithium Mining Market Growth Outlook (2023 to 2033)
Based on the analysis by Fact.MR, the global lithium mining market size is valued to be US$ 1.2 billion in 2023 and it is anticipated to grow at a CAGR of 6.4% to reach US$ 2.1 billion by the end of 2033.
With a significant increase in the production of electric vehicles, the demand for lithium has significantly increased in recent years. The majority of the lithium produced is consumed for rechargeable batteries used in electric vehicles; according to estimates, batteries account for 46% of all lithium consumption worldwide.
| Report Attributes | Details |
|---|---|
| Lithium Mining Market Size (2022A) | US$ 1.1 Billion |
| Estimated Market Value (2023E) | US$ 1.2 Billion |
| Forecasted Market Value (2033F) | US$ 2.1 Billion |
| Global Market Growth Rate (2023 to 2033) | 6.4% CAGR |
| South Asia & Oceania Market Share (2023) | 36.5% |
| Chile Market Growth Rate (2023 to 2033) | 7.7% |
| Key Companies Profiled | Albemarle; Ganfeng Lithium; Nemaska Lithium; Orocobre limited; Sichuan Tianqi Lithium Industries; SQM; Lithium Americas Corp |
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Historic and Future Pathway Analysis for the Lithium Mining Market
Based on the data from US Geological Survey, it is estimated that global lithium reserves stand at 22 billion MT, of which, 5.7 billion MT are in Australia and 9.2 billion MT are located in Chile.
Lithium-ion batteries are widely used in larger-scale devices such as air mobility and energy storage unit applications as well as consumer electronics such as cameras, laptops, and mobile phones which have seen a surged demand in recent years. Hence, the flourishing lithium-ion batteries demand propels the growth of the lithium mining sector.
- Short Term (2023 to 2026): Demand across numerous end-use industries especially pharmaceuticals and electric vehicles is anticipated to drive the lithium mining market in a short go.
- Medium Term (2026 to 2029): Government investments and mining projects to meet the growing lithium demand are likely to drive the lithium mining industry during the forecast period.
- Long Term (2029 to 2033): Adoption of advanced and sustainable technology for mining which increases output and decreases carbon emission, coupled with the discovery of new lithium reserves to create lucrative opportunities for the market players.
According to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 6.4% CAGR between 2023 and 2033.
Market Dynamics Overview
“Government Investments for White Gold to Drive the Lithium Mining Industry”
Lithium is often called white gold due to its demand and usability in energy as well as other industries. Lithium mining remains a prominent area of investment as lithium batteries are used in electric vehicles, battery-powered machinery, and others.
The government is investing in lithium mining to reduce EV battery prices which ultimately reduces EV prices. On the back of such factors governments and companies are investing heavily in lithium mining.
For instance :
- In March 2023, India's northern federal territory Jammu and Kashmir authorities are about to auction a lithium reserve block, which is estimated to reserve 5.9 million tons of lithium.
- In March 2022, the Indian and Australian governments are jointly investing about US$ 6 million to explore cobalt and lithium mines in Australia. Numerous related projects are ongoing under this partnership.
Hence, surging EV demand and growing government investments in lithium mining are likely to drive the lithium mining industry in the long run.
“Factors to Hamper Lithium Mining Industry Growth”
Countries such as Germany, Russia, Mexico, and others are anticipated to have tons of lithium reserves however, lithium mining in those countries is at the nascent stage or has yet not started. Owing to this lithium mining may witness undergrowth than estimated across prominent economies. This is a dominant factor hampering the lithium mining industry across various economies.
Lithium mining is gaining traction due to the growing number of electric vehicles demand. However, certain factors such as environmental, social, and economic, hamper the market's growth. Market players are witnessing environmental challenges which directly affect their operations, and delayed projects involve high costs.
Also, the introduction of sodium-ion batteries has a negative impact on the growth of the lithium mining industry. Recycling lithium-ion batteries and a circular economy to meet the lithium-ion demand can be restraining factors to the lithium mining market growth in the long run.
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Country-wise Insights
Why China is Prominent Player in Lithium Mining?
China remains a major miner and supplier of lithium and it is estimated that by the end of the year 2025, China would supply nearly one-third of the world's lithium owing to its efforts to increase lithium extraction.
- Chinese-controlled mines, including African projects, plan to increase production from 194KT in 2022 to 705KT in 2025.
- Such efforts would increase China's share of the mineral necessary for electric vehicle batteries from 24% to 32% of the global supply. Also, Yichun a small city in China's Jiangxi's southernmost province is often called Asia's lithium capital.
The aforementioned factors portray China as a prominent country in lithium mining and it plays a crucial role in driving the lithium mining market.
What Makes Australia a Potential Lithium Mining Market?
With the soaring demand for clean energy storage and electric vehicles, Australia is advancing its lithium output to meet much of the world's demand for lithium.
- The world's second-largest lithium reserves are found in Australia. It produced 55,000 MT of lithium content in 2021, a significant increase from the 39,700 MT it produced in 2020, due to operations hampered by COVID-19 lockdowns. However, the operations were restored and mines ramp up production to meet demand, Australia's lithium production increased by another 24.5% in 2022.
- Australia is second only to Chile in terms of identified JORC-compliant lithium reserves with more than 3.8 million MT. The country's major lithium supply is exported to China as spodumene.
- The major miners Tianqi Lithium and Albemarle jointly own Talison Lithium, a subsidiary that operates the Greenbushes lithium asset in Australia. With more than 25 years of continuous operation, Greenbushes is the longest-running mining region in Western Australia.
- Piedmont Lithium is set to fulfill Tesla's lithium appetite in the coming years. The two parties made certain amendments in their previous agreement and now Piedmont had agreed to deliver about 125,000 metric tons of SC6 to Tesla from 2023 to 2025.
Such factors are creating immense opportunities for electric vehicle battery manufacturers to establish their base in Australia and meet their lithium demands. Australia reflects immense growth opportunities for lithium mining companies through various investments and projects.
Category-wise Insights
Why Lithium Mining is Shifting towards Brine Deposits?
Lithium is mined from three different types of sources: hard rocks, brines, and sedimentary rocks. Hard rocks and continental brines are the primary sources of industrial production, and it is estimated that there are 22 million MT of lithium reserves worldwide.
About 66 percent of the world's lithium resources are found in lithium brine deposits, which are primarily located in salt flats in Argentina, Chile, Tibet, and China.
In general, lithium production from hard-rock ore has proven to be more expensive than lithium extraction from brine sources. Although lithium production from hard rock once dominated the market, most lithium carbonate is now extracted from continental brines in Latin America.
The lower production costs are primarily shifting the trend of lithium extraction from hard rocks to brines. Hence, during the forecast period, it is estimated that brine source will turn the table and dominates the market.
Why Lithium Carbonate is Witnessing High Demand?
Lithium carbonate is a widely mined and used type of lithium as a whole. Lithium carbonate is a crucial industrial and commercial chemical. Its prominent use is as a precursor to compounds used in lithium-ion batteries. Other than batteries, lithium carbonate-derived glasses derived are useful in ovenware.
Both low-fire and high-fire ceramic glaze have lithium carbonate as a common ingredient. In combination with silica and other materials, lithium carbonate makes low-melting fluxes. Because of lithium carbonate's alkaline characteristics, metal oxide colorants, especially red iron oxide, can be altered in the glaze.
When prepared with lithium carbonate, cement sets more quickly and is useful for tile adhesives. It produces LiF when combined with aluminum trifluoride, creating a superior electrolyte for processing aluminum.
Also, there are huge reserves for lithium carbonate which drives segmental growth. For instance, there is 8.8 Mt of lithium carbonate resources at Sonora, Mexico, and 3.7 million tonnes of LCE, in Nevada, USA.
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Eminent Players Key Stratagems
Lithium miners are focusing on enhancing their output to bridge the supply-demand gap and gain high-profit margins. Other than this the major focus area of miners towards the adoption of sustainable extraction equipment, vehicles, and process as white gold is associated with sustainability.
Market titans are also bestowed with government investments and projects for which companies are adopting ground-breaking strategies to win government projects and remain competitive in the global market.
For instance :
- In March 2023, E3 LITHIUM LTD. a lithium developer and extraction technology innovator won US$ 2.5 million from Natural Resources Canada’s Critical Minerals Research Development and Demonstration (CMRDD) program.
- In January 2023, Ioneer an Australian company is set to receive a conditional loan of US$ 700 million from the U.S. Department of Energy to pursue a lithium mining project in Nevada, USA.
Fact.MR has provided detailed information about the price points of key manufacturers of lithium mining positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Lithium Mining Industry Research
-
By Source :
- Brine
- Hard Rock
- Others
-
By Application :
- Lithium Carbonate
- Lithium Hydroxide
- Lithium Chloride
- Lithium Concentrate
-
By End-Use Industry :
- Batteries Production
- Glass & Ceramics
- Grease
- Polymers
- Flux Powder
- Refrigeration
- Pharmaceutical
- Aluminum Production
- Cement Industry
- Others
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Demand (KT) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ million) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Source
- 7.1. Brine
- 7.2. Hard Rock
- 7.3. Others
- 8. Global Market Analysis and Forecast, By Application
- 8.1. Lithium Carbonate
- 8.2. Lithium Hydroxide
- 8.3. Lithium Chloride
- 8.4. Lithium Concentrate
- 9. Global Market Analysis and Forecast, By End-Use Industry
- 9.1. Batteries Production
- 9.2. Glass & Ceramics
- 9.3. Grease
- 9.4. Polymers
- 9.5. Flux Powder
- 9.6. Refrigeration
- 9.7. Pharmaceutical
- 9.8. Aluminum Production
- 9.9. Cement Industry
- 9.10. Others
- 10. Global Market Analysis and Forecast, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. East Asia
- 10.5. South Asia & Oceania
- 10.6. Middle East & Africa
- 11. North America Market Analysis and Forecast
- 12. Latin America Market Analysis and Forecast
- 13. Europe Market Analysis and Forecast
- 14. East Asia Market Analysis and Forecast
- 15. South Asia & Oceania Market Analysis and Forecast
- 16. Middle East & Africa Market Analysis and Forecast
- 17. Country-level Market Analysis and Forecast
- 18. Market Structure Analysis
- 19. Competition Analysis
- 19.1. Albemarle
- 19.2. Ganfeng Lithium
- 19.3. Livent
- 19.4. Nemaska Lithium
- 19.5. Orocobre limited
- 19.6. Sichuan Tianqi Lithium Industries
- 19.7. SQM
- 19.8. Lithium Americas Corp
- 19.9. Sumitomo Metal Mining Co., Ltd.
- 19.10. Other Prominent Players
- 20. Assumptions & Acronyms Used
- 21. Research Methodology
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List Of Table
Table 01. Global Market Value (US$ million), by Region, 2018 to 2022
Table 02. Global Market Value (US$ million) and Forecast by Region, 2023 to 2033
Table 03. Global Market Volume (KT), by Region, 2018 to 2022
Table 04. Global Market Volume (KT) and Forecast by Region, 2023 to 2033
Table 05. Global Market Value (US$ million), By Source, 2018 to 2022
Table 06. Global Market Value (US$ million) and Forecast By Source, 2023 to 2033
Table 07. Global Market Volume (KT), By Source, 2018 to 2022
Table 08. Global Market Volume (KT) and Forecast By Source, 2023 to 2033
Table 09. Global Market Value (US$ million), By Application, 2018 to 2022
Table 10. Global Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 11. Global Market Volume (KT), By Application, 2018 to 2022
Table 12. Global Market Volume (KT) and Forecast By Application, 2023 to 2033
Table 13. Global Market Value (US$ million), By End-Use Industry, 2018 to 2022
Table 14. Global Market Value (US$ million) and Forecast By End-Use Industry, 2023 to 2033
Table 15. Global Market Volume (KT), By End-Use Industry, 2018 to 2022
Table 16. Global Market Volume (KT) and Forecast By End-Use Industry, 2023 to 2033
Table 17. North America Market Value (US$ million), by Country, 2018 to 2022
Table 18. North America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 19. North America Market Volume (KT), by Country, 2018 to 2022
Table 20. North America Market Volume (KT) and Forecast by Country, 2023 to 2033
Table 21. North America Market Value (US$ million), By Source, 2018 to 2022
Table 22. North America Market Value (US$ million) and Forecast By Source, 2023 to 2033
Table 23. North America Market Volume (KT), By Source, 2018 to 2022
Table 24. North America Market Volume (KT) and Forecast By Source, 2023 to 2033
Table 25. North America Market Value (US$ million), By Application, 2018 to 2022
Table 26. North America Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 27. North America Market Volume (KT), By Application, 2018 to 2022
Table 28. North America Market Volume (KT) and Forecast By Application, 2023 to 2033
Table 29. North America Market Value (US$ million), By End-Use Industry, 2018 to 2022
Table 30. North America Market Value (US$ million) and Forecast By End-Use Industry, 2023 to 2033
Table 31. North America Market Volume (KT), By End-Use Industry, 2018 to 2022
Table 32. North America Market Volume (KT) and Forecast By End-Use Industry, 2023 to 2033
Table 33. Latin America Market Value (US$ million), by Country, 2018 to 2022
Table 34. Latin America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 35. Latin America Market Volume (KT), by Country, 2018 to 2022
Table 36. Latin America Market Volume (KT) and Forecast by Country, 2023 to 2033
Table 37. Latin America Market Value (US$ million), By Source, 2018 to 2022
Table 38. Latin America Market Value (US$ million) and Forecast By Source, 2023 to 2033
Table 39. Latin America Market Volume (KT), By Source, 2018 to 2022
Table 40. Latin America Market Volume (KT) and Forecast By Source, 2023 to 2033
Table 41. Latin America Market Value (US$ million), By Application, 2018 to 2022
Table 42. Latin America Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 43. Latin America Market Volume (KT), By Application, 2018 to 2022
Table 44. Latin America Market Volume (KT) and Forecast By Application, 2023 to 2033
Table 45. Latin America Market Value (US$ million), By End-Use Industry, 2018 to 2022
Table 46. Latin America Market Value (US$ million) and Forecast By End-Use Industry, 2023 to 2033
Table 47. Latin America Market Volume (KT), By End-Use Industry, 2018 to 2022
Table 48. Latin America Market Volume (KT) and Forecast By End-Use Industry, 2023 to 2033
Table 49. Europe Market Value (US$ million), by Country, 2018 to 2022
Table 50. Europe Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 51. Europe Market Volume (KT), by Country, 2018 to 2022
Table 52. Europe Market Volume (KT) and Forecast by Country, 2023 to 2033
Table 53. Europe Market Value (US$ million), By Source, 2018 to 2022
Table 54. Europe Market Value (US$ million) and Forecast By Source, 2023 to 2033
Table 55. Europe Market Volume (KT), By Source, 2018 to 2022
Table 56. Europe Market Volume (KT) and Forecast By Source, 2023 to 2033
Table 57. Europe Market Value (US$ million), By Application, 2018 to 2022
Table 58. Europe Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 59. Europe Market Volume (KT), By Application, 2018 to 2022
Table 60. Europe Market Volume (KT) and Forecast By Application, 2023 to 2033
Table 61. Europe Market Value (US$ million), By End-Use Industry, 2018 to 2022
Table 62. Europe Market Value (US$ million) and Forecast By End-Use Industry, 2023 to 2033
Table 63. Europe Market Volume (KT), By End-Use Industry, 2018 to 2022
Table 64. Europe Market Volume (KT) and Forecast By End-Use Industry, 2023 to 2033
Table 65. East Asia Market Value (US$ million), by Country, 2018 to 2022
Table 66. East Asia Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 67. East Asia Market Volume (KT), by Country, 2018 to 2022
Table 68. East Asia Market Volume (KT) and Forecast by Country, 2023 to 2033
Table 69. East Asia Market Value (US$ million), By Source, 2018 to 2022
Table 70. East Asia Market Value (US$ million) and Forecast By Source, 2023 to 2033
Table 71. East Asia Market Volume (KT), By Source, 2018 to 2022
Table 72. East Asia Market Volume (KT) and Forecast By Source, 2023 to 2033
Table 73. East Asia Market Value (US$ million), By Application, 2018 to 2022
Table 74. East Asia Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 75. East Asia Market Volume (KT), By Application, 2018 to 2022
Table 76. East Asia Market Volume (KT) and Forecast By Application, 2023 to 2033
Table 77. East Asia Market Value (US$ million), By End-Use Industry, 2018 to 2022
Table 78. East Asia Market Value (US$ million) and Forecast By End-Use Industry, 2023 to 2033
Table 79. East Asia Market Volume (KT), By End-Use Industry, 2018 to 2022
Table 80. East Asia Market Volume (KT) and Forecast By End-Use Industry, 2023 to 2033
Table 81. South Asia & Oceania Market Value (US$ million), by Country, 2018 to 2022
Table 82. South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 83. South Asia & Oceania Market Volume (KT), by Country, 2018 to 2022
Table 84. South Asia & Oceania Market Volume (KT) and Forecast by Country, 2023 to 2033
Table 85. South Asia & Oceania Market Value (US$ million), By Source, 2018 to 2022
Table 86. South Asia & Oceania Market Value (US$ million) and Forecast By Source, 2023 to 2033
Table 87. South Asia & Oceania Market Volume (KT), By Source, 2018 to 2022
Table 88. South Asia & Oceania Market Volume (KT) and Forecast By Source, 2023 to 2033
Table 89. South Asia & Oceania Market Value (US$ million), By Application, 2018 to 2022
Table 90. South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 91. South Asia & Oceania Market Volume (KT), By Application, 2018 to 2022
Table 92. South Asia & Oceania Market Volume (KT) and Forecast By Application, 2023 to 2033
Table 93. South Asia & Oceania Market Value (US$ million), By End-Use Industry, 2018 to 2022
Table 94. South Asia & Oceania Market Value (US$ million) and Forecast By End-Use Industry, 2023 to 2033
Table 95. South Asia & Oceania Market Volume (KT), By End-Use Industry, 2018 to 2022
Table 96. South Asia & Oceania Market Volume (KT) and Forecast By End-Use Industry, 2023 to 2033
Table 97. MEA Market Value (US$ million), by Country, 2018 to 2022
Table 98. MEA Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 99. MEA Market Volume (KT), by Country, 2018 to 2022
Table 100. MEA Market Volume (KT) and Forecast by Country, 2023 to 2033
Table 101. MEA Market Value (US$ million), By Source, 2018 to 2022
Table 102. MEA Market Value (US$ million) and Forecast By Source, 2023 to 2033
Table 103. MEA Market Volume (KT), By Source, 2018 to 2022
Table 104. MEA Market Volume (KT) and Forecast By Source, 2023 to 2033
Table 105. MEA Market Value (US$ million), By Application, 2018 to 2022
Table 106. MEA Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 107. MEA Market Volume (KT), By Application, 2018 to 2022
Table 108. MEA Market Volume (KT) and Forecast By Application, 2023 to 2033
Table 109. MEA Market Value (US$ million), By End-Use Industry, 2018 to 2022
Table 110. MEA Market Value (US$ million) and Forecast By End-Use Industry, 2023 to 2033
Table 111. MEA Market Volume (KT), By End-Use Industry, 2018 to 2022
Table 112. MEA Market Volume (KT) and Forecast By End-Use Industry, 2023 to 2033
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List Of Figures
Figure 01. Global Market Value (US$ million) and Volume (KT) Forecast, 2023 to 2033
Figure 02. Global Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 03. Global Market Value (US$ million) and Volume (KT) by Region, 2023 & 2033
Figure 04. Global Market Y-o-Y Growth Rate by Region, 2023 to 2033
Figure 05. Global Market Value (US$ million) and Volume (KT) By Source, 2023 & 2033
Figure 06. Global Market Y-o-Y Growth Rate By Source, 2023 to 2033
Figure 07. Global Market Value (US$ million) and Volume (KT) By Application, 2023 & 2033
Figure 08. Global Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 09. Global Market Value (US$ million) and Volume (KT) By End-Use Industry, 2023 & 2033
Figure 10. Global Market Y-o-Y Growth Rate By End-Use Industry, 2023 to 2033
Figure 11. North America Market Value (US$ million) and Volume (KT) Forecast, 2023 to 2033
Figure 12. North America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 13. North America Market Value (US$ million) and Volume (KT) by Country, 2023 & 2033
Figure 14. North America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 15. North America Market Value (US$ million) and Volume (KT) By Source, 2023 & 2033
Figure 16. North America Market Y-o-Y Growth Rate By Source, 2023 to 2033
Figure 17. North America Market Value (US$ million) and Volume (KT) By Application, 2023 & 2033
Figure 18. North America Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 19. North America Market Value (US$ million) and Volume (KT) By End-Use Industry, 2023 & 2033
Figure 20. North America Market Y-o-Y Growth Rate By End-Use Industry, 2023 to 2033
Figure 21. North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 22. North America Market Attractiveness Analysis By Source, 2023 to 2033
Figure 23. North America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 24. North America Market Attractiveness Analysis By End-Use Industry, 2023 to 2033
Figure 25. Latin America Market Value (US$ million) and Volume (KT) Forecast, 2023 to 2033
Figure 26. Latin America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 27. Latin America Market Value (US$ million) and Volume (KT) by Country, 2023 & 2033
Figure 28. Latin America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 29. Latin America Market Value (US$ million) and Volume (KT) By Source, 2023 & 2033
Figure 30. Latin America Market Y-o-Y Growth Rate By Source, 2023 to 2033
Figure 31. Latin America Market Value (US$ million) and Volume (KT) By Application, 2023 & 2033
Figure 32. Latin America Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 33. Latin America Market Value (US$ million) and Volume (KT) By End-Use Industry, 2023 & 2033
Figure 34. Latin America Market Y-o-Y Growth Rate By End-Use Industry, 2023 to 2033
Figure 35. Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 36. Latin America Market Attractiveness Analysis By Source, 2023 to 2033
Figure 37. Latin America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 38. Latin America Market Attractiveness Analysis By End-Use Industry, 2023 to 2033
Figure 39. Europe Market Value (US$ million) and Volume (KT) Forecast, 2023 to 2033
Figure 40. Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 41. Europe Market Value (US$ million) and Volume (KT) by Country, 2023 & 2033
Figure 42. Europe Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 43. Europe Market Value (US$ million) and Volume (KT) By Source, 2023 & 2033
Figure 44. Europe Market Y-o-Y Growth Rate By Source, 2023 to 2033
Figure 45. Europe Market Value (US$ million) and Volume (KT) By Application, 2023 & 2033
Figure 46. Europe Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 47. Europe Market Value (US$ million) and Volume (KT) By End-Use Industry, 2023 & 2033
Figure 48. Europe Market Y-o-Y Growth Rate By End-Use Industry, 2023 to 2033
Figure 49. Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 50. Europe Market Attractiveness Analysis By Source, 2023 to 2033
Figure 51. Europe Market Attractiveness Analysis By Application, 2023 to 2033
Figure 52. Europe Market Attractiveness Analysis By End-Use Industry, 2023 to 2033
Figure 53. East Asia Market Value (US$ million) and Volume (KT) Forecast, 2023 to 2033
Figure 54. East Asia Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 55. East Asia Market Value (US$ million) and Volume (KT) by Country, 2023 & 2033
Figure 56. East Asia Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 57. East Asia Market Value (US$ million) and Volume (KT) By Source, 2023 & 2033
Figure 58. East Asia Market Y-o-Y Growth Rate By Source, 2023 to 2033
Figure 59. East Asia Market Value (US$ million) and Volume (KT) By Application, 2023 & 2033
Figure 60. East Asia Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 61. East Asia Market Value (US$ million) and Volume (KT) By End-Use Industry, 2023 & 2033
Figure 62. East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 63. East Asia Market Attractiveness Analysis By Source, 2023 to 2033
Figure 64. East Asia Market Attractiveness Analysis By Application, 2023 to 2033
Figure 65. East Asia Market Attractiveness Analysis By End-Use Industry, 2023 to 2033
Figure 66. South Asia & Oceania Market Value (US$ million) and Volume (KT) Forecast, 2023 to 2033
Figure 67. South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 68. South Asia & Oceania Market Value (US$ million) and Volume (KT) by Country, 2023 & 2033
Figure 69. South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 70. South Asia & Oceania Market Value (US$ million) and Volume (KT) By Source, 2023 & 2033
Figure 71. South Asia & Oceania Market Y-o-Y Growth Rate By Source, 2023 to 2033
Figure 72. South Asia & Oceania Market Value (US$ million) and Volume (KT) By Application, 2023 & 2033
Figure 73. South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 74. South Asia & Oceania Market Value (US$ million) and Volume (KT) By End-Use Industry, 2023 & 2033
Figure 75. South Asia & Oceania Market Y-o-Y Growth Rate By End-Use Industry, 2023 to 2033
Figure 76. South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 77. South Asia & Oceania Market Attractiveness Analysis By Source, 2023 to 2033
Figure 78. South Asia & Oceania Market Attractiveness Analysis By Application, 2023 to 2033
Figure 79. South Asia & Oceania Market Attractiveness Analysis By End-Use Industry, 2023 to 2033
Figure 80. MEA Market Value (US$ million) and Volume (KT) Forecast, 2023 to 2033
Figure 81. MEA Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 82. MEA Market Value (US$ million) and Volume (KT) by Country, 2023 & 2033
Figure 83. MEA Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 84. MEA Market Value (US$ million) and Volume (KT) By Source, 2023 & 2033
Figure 85. MEA Market Y-o-Y Growth Rate By Source, 2023 to 2033
Figure 86. MEA Market Value (US$ million) and Volume (KT) By Application, 2023 & 2033
Figure 87. MEA Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 88. MEA Market Value (US$ million) and Volume (KT) By End-Use Industry, 2023 & 2033
Figure 89. MEA Market Y-o-Y Growth Rate By End-Use Industry, 2023 to 2033
Figure 90. MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 91. MEA Market Attractiveness Analysis By Source, 2023 to 2033
Figure 92. MEA Market Attractiveness Analysis By Application, 2023 to 2033
Figure 93. MEA Market Attractiveness Analysis By End-Use Industry, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the Volume CAGR of the Lithium Mining Market?
The global lithium mining CAGR is estimated to witness a growth rate of 6.0% by volume during the forecast period.
Which Countries have Untapped White Gold Reserves?
Germany, Italy, Russia, India, Canada, and others are considered untapped lithium reserves with huge potential for lithium mining industry growth.
Which are the Top Countries in Lithium Mining Industry?
Chile, Australia, China, Brazil, Argentina, Portugal, the USA, and others are the abode of lithium and driving the lithium mining sector.
Which End-use Industry has a High Lithium Appetite?
Battery production has a high consumption of lithium and is estimated to account for a market share of 72.8% in 2023.
Which Extraction Process is Gaining Traction?
Brine extraction is referred process and accounts for a prominent share of the global lithium mining sector.
Lithium Mining Market