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The lithium market size has grown strongly in recent<br>years. It will grow from $6.29 billion in 2023 to $6.92<br>billion in 2024 at a compound annual growth rate<br>(CAGR) of 9.9%. The growth in the historic period can<br>be attributed to consumer electronics boom,<br>portable electronics growth, renewable energy<br>storage, lithium-ion battery advancements .The<br>lithium market size is expected to see strongly grown<br>in the next few years. It will grow to $10.44 billion in<br>2028 at a compound annual growth rate (CAGR) of<br>10.8%
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Lithium Global Market Report 2024 Global Forecast 2024 – 2033 Market Size, Drivers, And Trends Top Market Research Firm 2023! We are honored to be listed as a top company at the forefront of research, by the Business Management Review © The Business Research Company. All Rights Reserved.
Lithium Market Segments The Business Research Company segments the lithium market segments market report as: Glass/Ceramics, Greases / Lubricants, Chemical Synthesis, Portable Electronics & Other Handhelds, Hybrids, Battery Electric Vehicle (bevy), Grid, and Other Power Storage Applications By Source By Technology Underground Mining, Surface Mining By Form By Mining Type . . . © The Business Research Company. All Rights Reserved.
Market Statistics The lithium market size has grown strongly in recent years. It will grow from $6.29 billion in 2023 to $6.92 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to consumer electronics boom, portable electronics growth, renewable energy storage, lithium-ion battery advancements .The lithium market size is expected to see strongly grown in the next few years. It will grow to $10.44 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. $10.44 B $6.92 B $6.29 B Click Here To Get A Sample Report © The Business Research Company. All Rights Reserved.
Key Market Drivers And Trends Drivers An increase in smartphone adoption is expected to propel the growth of the lithium market going forward. Trends Major companies operating in the lithium market are increasing their focus on introducing innovative residential-use batteries to gain a competitive edge in the market. Region South America was the largest region in the lithium market in 2023. © The Business Research Company. All Rights Reserved.
Top Players In The Market Major companies operating in the lithium market report are Albemarle Corporation, Sociedad Química y Minera, FMC Corporation, Sichuan Tianqi Lithium Industries Inc., Jiangxi Ganfeng Lithium Co. Ltd, Tianqi Lithium Corporation, Livent Corporation, Allkem Limited, Jiangsu Ronghui General Lithium Industry Co. Ltd., Avalon Advanced Materials Inc., Lithium Americas Corp., EnerSys, Ganfeng Lithium Co. Ltd., Orocobre Limited, Galaxy Resources Limited, Mineral Resources Limited, Neometals Ltd., Pilbara Minerals Limited, Altura Mining Limited, Bacanora Lithium Plc, Critical Elements Lithium Corporation, International Lithium Corp., Lithium Australia NL, Lithium Power International Limited, Nemaska Lithium Inc., North American Lithium Inc., Piedmont Lithium Limited, Power Metals Corp., Pure Energy Minerals Limited, Sayona Mining Limited, Standard Lithium Ltd., Wealth Minerals Ltd. Get More Information On The Market Report © The Business Research Company. All Rights Reserved.
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