According to market research study published by Gen Consulting Company, the market size of the global lithium mining sector is expected to rise by USD 1,326 million with a CAGR of 20.7% by the end of 2028.
This industry report offers market estimates of the global market, followed by a detailed analysis of the source, type, end user, and region. The global market data on lithium mining can be segmented by source: brine, hard rock. The brine segment held the largest share of the global lithium mining market in 2021 and is anticipated to hold its share during the forecast period. Lithium mining market is further segmented by type: lithium carbonate, lithium hydroxide. Globally, the lithium carbonate segment made up the largest share of the lithium mining market. Based on end user, the lithium mining market is segmented into: battery, glass and ceramics, lubricants and greases, polymers, powder flux, others. The battery segment was the largest contributor to the global lithium mining market in 2021. On the basis of region, the lithium mining market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW). Asia Pacific is estimated to account for the largest share of the global lithium mining market.
The lithium mining market is dominated by key players, which are Albemarle Corporation, Livent Corporation, Orocobre Ltd., SQM (Sociedad Químicay Minera de Chile) , Tianqi Lithium Corporation.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| CAGR (2022-2028) | 20.7% |
| Pages | 20 |
| Key Players | Albemarle Corporation, Livent Corporation, Orocobre Ltd., SQM (Sociedad Químicay Minera de Chile), Tianqi Lithium Corporation |
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