Global Lithium Carbonate Market 2024-2028

Description

List of Tables

The lithium carbonate market is forecasted to grow by USD 3.23 bn during 2023-2028, accelerating at a CAGR of 10.81% during the forecast period. The report on the lithium carbonate market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of lithium carbonate in numerous industries, growing need for renewable energy storage, and advancements in battery technology.

Technavio's lithium carbonate market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	10.33%
CAGR	10.81%
Incremental Value	$3.23bn

By Application

Batteries
Ceramics and Glass
Cement and Aluminum
Others

By Distribution Channel

Direct sale
Indirect sale

By Geographical Landscape

APAC
North America
Europe
Middle East and Africa
South America

This study identifies the battery recycling initiatives as one of the prime reasons driving the lithium carbonate market growth during the next few years. Also, expansion of downstream processing of lithium and diversification of lithium sources will lead to sizable demand in the market.

The report on the lithium carbonate market covers the following areas:

Lithium carbonate market sizing
Lithium carbonate market forecast
Lithium carbonate market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lithium carbonate market vendors that include Albemarle Corp., Arcadium Lithium, Ascend Elements Inc., Axiom Chemicals Pvt. Ltd., BassTech International, Bisley and Co. Pty. Ltd., Celtic Chemicals Ltd., E3 Lithium Ltd., Eramet, Ganfeng Lithium Group Co. Ltd., GFS Chemicals Inc., HELM AG, JIGCHEM UNIVERSAL, Lakshita Chemicals, Lepidico Ltd., Merck KGaA, Neometals Ltd., Noah Chemicals, Orocobre Ltd., Sociedad Quimica y Minera de Chile SA, Stellantis NV, Targray Technology International Inc., Tianqi Lithium Corp., and ZIJIN MINING GROUP CO. LTD.. Also, the lithium carbonate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR72626

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global lithium carbonate market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global lithium carbonate market 2018 - 2022 ($ billion)
4.2 Application Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 Distribution Channel Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2023-2028 (%)
Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Batteries - Market size and forecast 2023-2028
Exhibit 34: Chart on Batteries - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Batteries - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Batteries - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Batteries - Year-over-year growth 2023-2028 (%)
6.4 Ceramics and Glass - Market size and forecast 2023-2028
Exhibit 38: Chart on Ceramics and Glass - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Ceramics and Glass - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Ceramics and Glass - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Ceramics and Glass - Year-over-year growth 2023-2028 (%)
6.5 Cement and Aluminum - Market size and forecast 2023-2028
Exhibit 42: Chart on Cement and Aluminum - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Cement and Aluminum - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Cement and Aluminum - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Cement and Aluminum - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Application
Exhibit 50: Market opportunity by Application ($ billion)
Exhibit 51: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by Distribution Channel

7.1 Market segments
Exhibit 52: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibit 53: Data Table on Distribution Channel - Market share 2023-2028 (%)
7.2 Comparison by Distribution Channel
Exhibit 54: Chart on Comparison by Distribution Channel
Exhibit 55: Data Table on Comparison by Distribution Channel
7.3 Direct sale - Market size and forecast 2023-2028
Exhibit 56: Chart on Direct sale - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Direct sale - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Direct sale - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Direct sale - Year-over-year growth 2023-2028 (%)
7.4 Indirect sale - Market size and forecast 2023-2028
Exhibit 60: Chart on Indirect sale - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Indirect sale - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Indirect sale - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Indirect sale - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Distribution Channel
Exhibit 64: Market opportunity by Distribution Channel ($ billion)
Exhibit 65: Data Table on Market opportunity by Distribution Channel ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 South Korea - Market size and forecast 2023-2028
Exhibit 95: Chart on South Korea - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on South Korea - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on South Korea - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on South Korea - Year-over-year growth 2023-2028 (%)
9.10 US - Market size and forecast 2023-2028
Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ billion)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 Albemarle Corp.
Exhibit 119: Albemarle Corp. - Overview
Exhibit 120: Albemarle Corp. - Business segments
Exhibit 121: Albemarle Corp. - Key news
Exhibit 122: Albemarle Corp. - Key offerings
Exhibit 123: Albemarle Corp. - Segment focus
12.4 Arcadium Lithium
Exhibit 124: Arcadium Lithium - Overview
Exhibit 125: Arcadium Lithium - Product / Service
Exhibit 126: Arcadium Lithium - Key offerings
12.5 BassTech International
Exhibit 127: BassTech International - Overview
Exhibit 128: BassTech International - Product / Service
Exhibit 129: BassTech International - Key offerings
12.6 Eramet
Exhibit 130: Eramet - Overview
Exhibit 131: Eramet - Business segments
Exhibit 132: Eramet - Key news
Exhibit 133: Eramet - Key offerings
Exhibit 134: Eramet - Segment focus
12.7 Ganfeng Lithium Group Co. Ltd.
Exhibit 135: Ganfeng Lithium Group Co. Ltd. - Overview
Exhibit 136: Ganfeng Lithium Group Co. Ltd. - Business segments
Exhibit 137: Ganfeng Lithium Group Co. Ltd. - Key offerings
Exhibit 138: Ganfeng Lithium Group Co. Ltd. - Segment focus
12.8 GFS Chemicals Inc.
Exhibit 139: GFS Chemicals Inc. - Overview
Exhibit 140: GFS Chemicals Inc. - Product / Service
Exhibit 141: GFS Chemicals Inc. - Key offerings
12.9 HELM AG
Exhibit 142: HELM AG - Overview
Exhibit 143: HELM AG - Product / Service
Exhibit 144: HELM AG - Key news
Exhibit 145: HELM AG - Key offerings
12.10 Merck KGaA
Exhibit 146: Merck KGaA - Overview
Exhibit 147: Merck KGaA - Business segments
Exhibit 148: Merck KGaA - Key news
Exhibit 149: Merck KGaA - Key offerings
Exhibit 150: Merck KGaA - Segment focus
12.11 Neometals Ltd.
Exhibit 151: Neometals Ltd. - Overview
Exhibit 152: Neometals Ltd. - Product / Service
Exhibit 153: Neometals Ltd. - Key offerings
12.12 Noah Chemicals
Exhibit 154: Noah Chemicals - Overview
Exhibit 155: Noah Chemicals - Product / Service
Exhibit 156: Noah Chemicals - Key offerings
12.13 Orocobre Ltd.
Exhibit 157: Orocobre Ltd. - Overview
Exhibit 158: Orocobre Ltd. - Business segments
Exhibit 159: Orocobre Ltd. - Key offerings
Exhibit 160: Orocobre Ltd. - Segment focus
12.14 Sociedad Quimica y Minera de Chile SA
Exhibit 161: Sociedad Quimica y Minera de Chile SA - Overview
Exhibit 162: Sociedad Quimica y Minera de Chile SA - Business segments
Exhibit 163: Sociedad Quimica y Minera de Chile SA - Key offerings
Exhibit 164: Sociedad Quimica y Minera de Chile SA - Segment focus
12.15 Targray Technology International Inc.
Exhibit 165: Targray Technology International Inc. - Overview
Exhibit 166: Targray Technology International Inc. - Product / Service
Exhibit 167: Targray Technology International Inc. - Key offerings
12.16 Tianqi Lithium Corp.
Exhibit 168: Tianqi Lithium Corp. - Overview
Exhibit 169: Tianqi Lithium Corp. - Product / Service
Exhibit 170: Tianqi Lithium Corp. - Key offerings
12.17 ZIJIN MINING GROUP CO. LTD.
Exhibit 171: ZIJIN MINING GROUP CO. LTD. - Overview
Exhibit 172: ZIJIN MINING GROUP CO. LTD. - Product / Service
Exhibit 173: ZIJIN MINING GROUP CO. LTD. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 174: Inclusions checklist
Exhibit 175: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 176: Currency conversion rates for US$
13.4 Research methodology
Exhibit 177: Research methodology
Exhibit 178: Validation techniques employed for market sizing
Exhibit 179: Information sources
13.5 List of abbreviations
Exhibit 180: List of abbreviations