Global Lithium Market Outlook 2022

Lithium Market Outlook 2027

The global Lithium market size is projected to reach US$ 6187.8 million by 2027, from US$ 3483.5 million in 2020, at a CAGR of 8.1% during 2021-2027. Lithium is an alkali metal that is soft, silvery, highly reactive and is used as a heat transfer medium in thermonuclear weapons, batteries, lubricants, various alloys, ceramics, and optical glass. The global lithium market is expected to grow in future due to decreasing lithium-ion battery costs, growth in energy storage systems, and growth in the electric vehicles market.

Lithium Market Insight

The dedicated analysts and researchers have carried out deep-seated research to put forth the present and future scenario of the Lithium market. They have provided an in-depth review with accuracy and reliability to give the readers an overall picture. High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

The readers in the section will understand how the Lithium market scenario changed across the globe during the pandemic and post-pandemic. The study is done keeping in view the changes in aspects such as production, demand, consumption, supply chain. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Segmentation Review

Key segments including type, and application have been elaborated in this report. The consultants have studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and application during the historical period (2016-2021) and forecast period (2022-2027).

Lithium Market By Type

• Anhydrous Lithium Hydroxide
• Lithium Niobate
• Lithium Tantalate

Lithium Market By Application

• Industrial
• Manufacturing

Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and production data of each region and country for the period 2016-2027. This information derived through comprehensive research will help the reader to get familiar with the potential value of the investment in a particular region. North America, Europe, China and Japan are the major regions studied in the research report.

Competitive Scenario

In this section, the readers will gain an understanding of the key players competing. The experts at have studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and production by manufacturers for the period 2016-2021. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Lithium Market By Application

• Albemarle
• SQM
• FMC
• Orocobre

Scope of the Lithium Market Report

Table of Contents

1 Lithium Market Overview

    1.1 Product Overview and Scope of Lithium

    1.2 Lithium Segment by Type

        1.2.1 Global Lithium Market Size Growth Rate Analysis by Type 2021 VS 2027

        1.2.2 Anhydrous Lithium Hydroxide

        1.2.3 Lithium Niobate

        1.2.4 Lithium Tantalate

    1.3 Lithium Segment by Application

        1.3.1 Global Lithium Consumption Comparison by Application: 2016 VS 2021 VS 2027

        1.3.2 Industrial

        1.3.3 Manufacturing

    1.4 Global Market Growth Prospects

        1.4.1 Global Lithium Revenue Estimates and Forecasts (2016-2027)

        1.4.2 Global Lithium Production Capacity Estimates and Forecasts (2016-2027)

        1.4.3 Global Lithium Production Estimates and Forecasts (2016-2027)

    1.5 Global Market Size by Region

        1.5.1 Global Lithium Market Size Estimates and Forecasts by Region: 2016 VS 2021 VS 2027

        1.5.2 North America Lithium Estimates and Forecasts (2016-2027)

        1.5.3 Europe Lithium Estimates and Forecasts (2016-2027)

        1.5.4 China Lithium Estimates and Forecasts (2016-2027)

        1.5.5 Japan Lithium Estimates and Forecasts (2016-2027)

2 Market Competition by Manufacturers

    2.1 Global Lithium Production Capacity Market Share by Manufacturers (2016-2021)

    2.2 Global Lithium Revenue Market Share by Manufacturers (2016-2021)

    2.3 Lithium Market Share by Company Type (Tier 1, Tier 2 and Tier 3)

    2.4 Global Lithium Average Price by Manufacturers (2016-2021)

    2.5 Manufacturers Lithium Production Sites, Area Served, Product Types

    2.6 Lithium Market Competitive Situation and Trends

        2.6.1 Lithium Market Concentration Rate

        2.6.2 Global 5 and 10 Largest Lithium Players Market Share by Revenue

        2.6.3 Mergers & Acquisitions, Expansion

3 Production and Capacity by Region

    3.1 Global Production Capacity of Lithium Market Share by Region (2016-2021)

    3.2 Global Lithium Revenue Market Share by Region (2016-2021)

    3.3 Global Lithium Production Capacity, Revenue, Price and Gross Margin (2016-2021)

    3.4 North America Lithium Production

        3.4.1 North America Lithium Production Growth Rate (2016-2021)

        3.4.2 North America Lithium Production Capacity, Revenue, Price and Gross Margin (2016-2021)

    3.5 Europe Lithium Production

        3.5.1 Europe Lithium Production Growth Rate (2016-2021)

        3.5.2 Europe Lithium Production Capacity, Revenue, Price and Gross Margin (2016-2021)

    3.6 China Lithium Production

        3.6.1 China Lithium Production Growth Rate (2016-2021)

        3.6.2 China Lithium Production Capacity, Revenue, Price and Gross Margin (2016-2021)

    3.7 Japan Lithium Production

        3.7.1 Japan Lithium Production Growth Rate (2016-2021)

        3.7.2 Japan Lithium Production Capacity, Revenue, Price and Gross Margin (2016-2021)

4 Global Lithium Consumption by Region

    4.1 Global Lithium Consumption by Region

        4.1.1 Global Lithium Consumption by Region

        4.1.2 Global Lithium Consumption Market Share by Region

    4.2 North America

        4.2.1 North America Lithium Consumption by Country

        4.2.2 U.S.

        4.2.3 Canada

    4.3 Europe

        4.3.1 Europe Lithium Consumption by Country

        4.3.2 Germany

        4.3.3 France

        4.3.4 U.K.

        4.3.5 Italy

        4.3.6 Russia

    4.4 Asia Pacific

        4.4.1 Asia Pacific Lithium Consumption by Region

        4.4.2 China

        4.4.3 Japan

        4.4.4 South Korea

        4.4.5 Taiwan

        4.4.6 Southeast Asia

        4.4.7 India

        4.4.8 Australia

    4.5 Latin America

        4.5.1 Latin America Lithium Consumption by Country

        4.5.2 Mexico

        4.5.3 Brazil

5 Production, Revenue, Price Trend by Type

    5.1 Global Lithium Production Market Share by Type (2016-2021)

    5.2 Global Lithium Revenue Market Share by Type (2016-2021)

    5.3 Global Lithium Price by Type (2016-2021)

6 Consumption Analysis by Application

    6.1 Global Lithium Consumption Market Share by Application (2016-2021)

    6.2 Global Lithium Consumption Growth Rate by Application (2016-2021)

7 Key Companies Profiled

    7.1 Albemarle

        7.1.1 Albemarle Lithium Corporation Information

        7.1.2 Albemarle Lithium Product Portfolio

        7.1.3 Albemarle Lithium Production Capacity, Revenue, Price and Gross Margin (2016-2021)

        7.1.4 Albemarle Main Business and Markets Served

        7.1.5 Albemarle Recent Developments/Updates

    7.2 SQM

        7.2.1 SQM Lithium Corporation Information

        7.2.2 SQM Lithium Product Portfolio

        7.2.3 SQM Lithium Production Capacity, Revenue, Price and Gross Margin (2016-2021)

        7.2.4 SQM Main Business and Markets Served

        7.2.5 SQM Recent Developments/Updates

    7.3 FMC

        7.3.1 FMC Lithium Corporation Information

        7.3.2 FMC Lithium Product Portfolio

        7.3.3 FMC Lithium Production Capacity, Revenue, Price and Gross Margin (2016-2021)

        7.3.4 FMC Main Business and Markets Served

        7.3.5 FMC Recent Developments/Updates

    7.4 Orocobre

        7.4.1 Orocobre Lithium Corporation Information

        7.4.2 Orocobre Lithium Product Portfolio

        7.4.3 Orocobre Lithium Production Capacity, Revenue, Price and Gross Margin (2016-2021)

        7.4.4 Orocobre Main Business and Markets Served

        7.4.5 Orocobre Recent Developments/Updates

8 Lithium Manufacturing Cost Analysis

    8.1 Lithium Key Raw Materials Analysis

        8.1.1 Key Raw Materials

        8.1.2 Key Raw Materials Price Trend

        8.1.3 Key Suppliers of Raw Materials

    8.2 Proportion of Manufacturing Cost Structure

    8.3 Manufacturing Process Analysis of Lithium

    8.4 Lithium Industrial Chain Analysis

9 Marketing Channel, Distributors and Customers

    9.1 Marketing Channel

    9.2 Lithium Distributors List

    9.3 Lithium Customers

10 Market Dynamics

    10.1 Lithium Industry Trends

    10.2 Lithium Growth Drivers

    10.3 Lithium Market Challenges

    10.4 Lithium Market Restraints

11 Production and Supply Forecast

    11.1 Global Forecasted Production of Lithium by Region (2022-2027)

    11.2 North America Lithium Production, Revenue Forecast (2022-2027)

    11.3 Europe Lithium Production, Revenue Forecast (2022-2027)

    11.4 China Lithium Production, Revenue Forecast (2022-2027)

    11.5 Japan Lithium Production, Revenue Forecast (2022-2027)

12 Consumption and Demand Forecast

    12.1 Global Forecasted Demand Analysis of Lithium

    12.2 North America Forecasted Consumption of Lithium by Country

    12.3 Europe Market Forecasted Consumption of Lithium by Country

    12.4 Asia Pacific Market Forecasted Consumption of Lithium by Region

    12.5 Latin America Forecasted Consumption of Lithium by Country

13 Forecast by Type and by Application (2022-2027)

    13.1 Global Production, Revenue and Price Forecast by Type (2022-2027)

        13.1.1 Global Forecasted Production of Lithium by Type (2022-2027)

        13.1.2 Global Forecasted Revenue of Lithium by Type (2022-2027)

        13.1.3 Global Forecasted Price of Lithium by Type (2022-2027)

    13.2 Global Forecasted Consumption of Lithium by Application (2022-2027)

14 Research Finding and Conclusion

15 Methodology and Data Source

    15.1 Methodology/Research Approach

        15.1.1 Research Programs/Design

        15.1.2 Market Size Estimation

        15.1.3 Market Breakdown and Data Triangulation

    15.2 Data Source

        15.2.1 Secondary Sources

        15.2.2 Primary Sources

    15.3 Author List

    15.4 Disclaimer

List of Tables

Table 1. Global Lithium Market Size by Type (K MT) & (US$ Million) (2021 VS 2027)

Table 2. Global Lithium Consumption (K MT) Comparison by Application: 2016 VS 2021 VS 2027

Table 3. Lithium Market Size Comparison by Region: 2016 VS 2021 VS 2027

Table 4. Global Lithium Production Capacity (K MT) by Manufacturers

Table 5. Global Lithium Production (K MT) by Manufacturers (2016-2021)

Table 6. Global Lithium Production Market Share by Manufacturers (2016-2021)

Table 7. Global Lithium Revenue (US$ Million) by Manufacturers (2016-2021)

Table 8. Global Lithium Revenue Share by Manufacturers (2016-2021)

Table 9. Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Lithium as of 2020)

Table 10. Global Market Lithium Average Price (USD/MT) of Key Manufacturers (2016-2021)

Table 11. Manufacturers Lithium Production Sites and Area Served

Table 12. Manufacturers Lithium Product Types

Table 13. Mergers & Acquisitions, Expansion

Table 14. Global Lithium Production Capacity (K MT) by Region (2016-2021)

Table 15. Global Lithium Production (K MT) by Region (2016-2021)

Table 16. Global Lithium Revenue (US$ Million) by Region (2016-2021)

Table 17. Global Lithium Revenue Market Share by Region (2016-2021)

Table 18. Global Lithium Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)

Table 19. North America Lithium Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)

Table 20. Europe Lithium Production (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)

Table 21. China Lithium Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)

Table 22. Japan Lithium Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)

Table 23. Global Lithium Consumption Market by Region (2016-2021) & (K MT)

Table 24. Global Lithium Consumption Market Share by Region (2016-2021)

Table 25. North America Lithium Consumption by Country (2016-2021) & (K MT)

Table 26. Europe Lithium Consumption by Country (2016-2021) & (K MT)

Table 27. Asia Pacific Lithium Consumption by Region (2016-2021) & (K MT)

Table 28. Latin America Lithium Consumption by Countries (2016-2021) & (K MT)

Table 29. Global Lithium Production (K MT) by Type (2016-2021)

Table 30. Global Lithium Production Market Share by Type (2016-2021)

Table 31. Global Lithium Revenue (US$ Million) by Type (2016-2021)

Table 32. Global Lithium Revenue Share by Type (2016-2021)

Table 33. Global Lithium Price (USD/MT) by Type (2016-2021)

Table 34. Global Lithium Consumption by Application (2016-2021) & (K MT)

Table 35. Global Lithium Consumption Market Share by Application (2016-2021)

Table 36. Global Lithium Consumption Growth Rate by Application (2016-2021)

Table 37. Albemarle Lithium Corporation Information

Table 38. Albemarle Specification and Application

Table 39. Albemarle Lithium Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)

Table 40. Albemarle Main Business and Markets Served

Table 41. Albemarle Recent Developments/Updates

Table 42. SQM Lithium Corporation Information

Table 43. SQM Specification and Application

Table 44. SQM Lithium Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)

Table 45. SQM Main Business and Markets Served

Table 46. SQM Recent Developments/Updates

Table 47. FMC Lithium Corporation Information

Table 48. FMC Specification and Application

Table 49. FMC Lithium Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)

Table 50. FMC Main Business and Markets Served

Table 51. FMC Recent Developments/Updates

Table 52. Orocobre Lithium Corporation Information

Table 53. Orocobre Specification and Application

Table 54. Orocobre Lithium Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)

Table 55. Orocobre Main Business and Markets Served

Table 56. Orocobre Recent Developments/Updates

Table 57. Production Base and Market Concentration Rate of Raw Material

Table 58. Key Suppliers of Raw Materials

Table 59. Lithium Distributors List

Table 60. Lithium Customers List

Table 61. Lithium Market Trends

Table 62. Lithium Growth Drivers

Table 63. Lithium Market Challenges

Table 64. Lithium Market Restraints

Table 65. Global Lithium Production (K MT) Forecast by Region (2022-2027)

Table 66. North America Lithium Consumption Forecast by Country (2022-2027) & (K MT)

Table 67. Europe Lithium Consumption Forecast by Country (2022-2027) & (K MT)

Table 68. Asia Pacific Lithium Consumption Forecast by Region (2022-2027) & (K MT)

Table 69. Latin America Lithium Consumption Forecast by Country (2022-2027) & (K MT)

Table 70. Global Lithium Production Forecast by Type (2022-2027) & (K MT)

Table 71. Global Lithium Revenue Forecast by Type (2022-2027) & (US$ Million)

Table 72. Global Lithium Price Forecast by Type (2022-2027) & (USD/MT)

Table 73. Global Lithium Consumption (K MT) Forecast by Application (2022-2027)

Table 74. Research Programs/Design for This Report

Table 75. Key Data Information from Secondary Sources

Table 76. Key Data Information from Primary Sources

List of Figures

Figure 1. Product Picture of Lithium

Figure 2. Global Lithium Market Share by Type: 2020 VS 2027

Figure 3. Anhydrous Lithium Hydroxide Product Picture

Figure 4. Lithium Niobate Product Picture

Figure 5. Lithium Tantalate Product Picture

Figure 6. Global Lithium Market Share by Application: 2020 VS 2027

Figure 7. Industrial

Figure 8. Manufacturing

Figure 9. Global Lithium Revenue (US$ Million), 2016 VS 2021 VS 2027

Figure 10. Global Lithium Revenue (US$ Million) (2016-2027)

Figure 11. Global Lithium Production Capacity (K MT) & (2016-2027)

Figure 12. Global Lithium Production (K MT) & (2016-2027)

Figure 13. North America Lithium Revenue (US$ Million) and Growth Rate (2016-2027)

Figure 14. Europe Lithium Revenue (US$ Million) and Growth Rate (2016-2027)

Figure 15. China Lithium Revenue (US$ Million) and Growth Rate (2016-2027)

Figure 16. Japan Lithium Revenue (US$ Million) and Growth Rate (2016-2027)

Figure 17. Lithium Production Share by Manufacturers in 2020

Figure 18. Global Lithium Revenue Share by Manufacturers in 2020

Figure 19. Lithium Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2016 VS 2020

Figure 20. Global Market Lithium Average Price (USD/MT) of Key Manufacturers in 2020

Figure 21. The Global 5 and 10 Largest Players: Market Share by Lithium Revenue in 2020

Figure 22. Global Lithium Production Market Share by Region (2016-2021)

Figure 23. North America Lithium Production (K MT) Growth Rate (2016-2021)

Figure 24. Europe Lithium Production (K MT) Growth Rate (2016-2021)

Figure 25. China Lithium Production (K MT) Growth Rate (2016-2021)

Figure 26. Japan Lithium Production (K MT) Growth Rate (2016-2021)

Figure 27. Global Lithium Consumption Market Share by Region (2016-2021)

Figure 28. Global Lithium Consumption Market Share by Region in 2020

Figure 29. North America Lithium Consumption and Growth Rate (2016-2021) & (K MT)

Figure 30. North America Lithium Consumption Market Share by Country in 2020

Figure 31. Canada Lithium Consumption Growth Rate (2016-2021) & (K MT)

Figure 32. U.S. Lithium Consumption Growth Rate (2016-2021) & (K MT)

Figure 33. Europe Lithium Consumption Growth Rate (2016-2021) & (K MT)

Figure 34. Europe Lithium Consumption Market Share by Country in 2020

Figure 35. Germany America Lithium Consumption and Growth Rate (2016-2021) & (K MT)

Figure 36. France Lithium Consumption and Growth Rate (2016-2021) & (K MT)

Figure 37. U.K. Lithium Consumption and Growth Rate (2016-2021) & (K MT)

Figure 38. Italy Lithium Consumption and Growth Rate (2016-2021) & (K MT)

Figure 39. Russia Lithium Consumption and Growth Rate (2016-2021) & (K MT)

Figure 40. Asia Pacific Lithium Consumption and Growth Rate (2016-2021) & (K MT)

Figure 41. Asia Pacific Lithium Consumption Market Share by Regions in 2020

Figure 42. China Lithium Consumption and Growth Rate (2016-2021) & (K MT)

Figure 43. Japan Lithium Consumption and Growth Rate (2016-2021) & (K MT)

Figure 44. South Korea Lithium Consumption and Growth Rate (2016-2021) & (K MT)

Figure 45. Taiwan Lithium Consumption and Growth Rate (2016-2021) & (K MT)

Figure 46. Southeast Asia Lithium Consumption and Growth Rate (2016-2021) & (K MT)

Figure 47. India Lithium Consumption and Growth Rate (2016-2021) & (K MT)

Figure 48. Australia Lithium Consumption and Growth Rate (2016-2021) & (K MT)

Figure 49. Latin America Lithium Consumption and Growth Rate (2016-2021) & (K MT)

Figure 50. Latin America Lithium Consumption Market Share by Country in 2020

Figure 51. Mexico Lithium Consumption and Growth Rate (2016-2021) & (K MT)

Figure 52. Brazil Lithium Consumption and Growth Rate (2016-2021) & (K MT)

Figure 53. Production Market Share of Lithium by Type (2016-2021)

Figure 54. Production Market Share of Lithium by Type in 2020

Figure 55. Revenue Share of Lithium by Type (2016-2021)

Figure 56. Revenue Market Share of Lithium by Type in 2020

Figure 57. Global Lithium Consumption Market Share by Application (2016-2021)

Figure 58. Global Lithium Consumption Market Share by Application in 2020

Figure 59. Global Lithium Consumption Growth Rate by Application (2016-2021)

Figure 60. Key Raw Materials Price Trend

Figure 61. Manufacturing Cost Structure of Lithium

Figure 62. Manufacturing Process Analysis of Lithium

Figure 63. Lithium Industrial Chain Analysis

Figure 64. Channels of Distribution

Figure 65. Distributors Profiles

Figure 66. Global Lithium Production Market Share Forecast by Region (2022-2027)

Figure 67. North America Lithium Production (K MT) Growth Rate Forecast (2022-2027)

Figure 68. Europe Lithium Production (K MT) Growth Rate Forecast (2022-2027)

Figure 69. China Lithium Production (K MT) Growth Rate Forecast (2022-2027)

Figure 70. Japan Lithium Production (K MT) Growth Rate Forecast (2022-2027)

Figure 71. Global Forecasted Demand Analysis of Lithium (2015-2027) & (K MT)

Figure 72. Global Lithium Production Market Share Forecast by Type (2022-2027)

Figure 73. Global Lithium Revenue Market Share Forecast by Type (2022-2027)

Figure 74. Global Lithium Consumption Forecast by Application (2022-2027)

Figure 75. Bottom-up and Top-down Approaches for This Report

Figure 76. Data Triangulation