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Global Lithium Carbonate Market Expected to Witness a Sustainable Growth over 2024– Top Key players like– Top Key players like SQM,Albemarle,FMC,Inc.

Market Research Report Store offers a latest published report on Lithium Carbonate Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 91 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.

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Lithium carbonate is an inorganic compound, the lithium salt of carbonate with the formula Li2CO3. This white salt is an important industrial chemical and widely used in many industries, such as battery industry, processing of metal oxides.

 

Lithium carbonate is resource-oriented industry. Currently, there are a few of companies in global lithium carbonate industry, most of them are located in Chile,Argentina and China. The main market players are SQM,Albemarle, FMC,Tianqi Lithium and Ganfeng Lithium.

 

In consumption market, The Asia-Pacific region will continue to dominate the market, with China and Japan as major consumer countries. With the rise of China’s new energy automobile industry, future demand will continue to grow rapidly.In 2017, Asia Pacific demand accounted for more than 76%.

 

Lithium carbonate is used in batteries, glass and ceramics, metallurgy and lubricants. Report data showed that 63.4% of the lithium carbonate market demand in batteries, 14.5% in glass and ceramics in 2017. With the development of economy, these industries will need more lithium carbonate.

 

The global Lithium Carbonate market is valued at 2070 million US$ in 2018 is expected to reach 2770 million US$ by the end of 2025, growing at a CAGR of 4.2% during 2019-2025.

 

Market Segment by Manufacturers, this report covers

SQM

Albemarle

FMC

Orocobre

Nordic Mining

Tianqi Lithium

Ganfeng Lithium

Ruifu Lithium

Weihua

QingHai Salt Lake Industry

Yahua

Zhonghe

Tibet Mineral Development

 

Market Segment by Type, covers

Industrial Grade Lithium Carbonate

Battery Grade Lithium Carbonate

 

Market Segment by Applications, can be divided into

Batteries

Glass and Ceramics

Medical

Lubricants

Metallurgy

Other

 

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Related Information:

North America Lithium Carbonate Market Growth 2019-2024

United States Lithium Carbonate Market Growth 2019-2024

Asia-Pacific Lithium Carbonate Market Growth 2019-2024

Europe Lithium Carbonate Market Growth 2019-2024

EMEA Lithium Carbonate Market Growth 2019-2024

Global Lithium Carbonate Market Growth 2019-2024

China Lithium Carbonate Market Growth 2019-2024

 

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