Lithium Carbonate (Li2CO3) Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, South Korea, Japan, Germany - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 169 SKU: IRTNTR72626

Lithium Carbonate (Li2CO3) Market 2024-2028

The Lithium Carbonate (Li2CO3) Market size is forecast to increase by USD 3.23 billion, at a CAGR of 10.81% between 2023 and 2028. 

The growth rate of the market depends on several factors, including the increasing use of lithium carbonate in numerous industries, the growing need for renewable energy storage, and the advancements in battery technology. It also includes an in-depth analysis of drivers, trends, and challenges. Our report examines historic data from 2018 - 2022, besides analyzing the current market scenario.

What will be the Lithium Carbonate Market Size During the Forecast Period?

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Market Definition 

Lithium carbonate is a lithium salt of carbonate consisting of lithium, carbon, and oxygen elements. Lithium carbonate is a white, crystalline powder that is commonly used in industrial applications, with its primary significance in the field of energy storage, particularly in the production of lithium-ion batteries.

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Market Key Drivers, Trends, Challenges

Key Market Growth Analysis Driver

One of the key factors driving the market growth is the increasing use of lithium carbonate in numerous industries. Lithium carbonate is commonly used for the production of ceramics and glass, cement and aluminum, chemical synthesis, and diversified chemicals. In addition, lithium-ion batteries are widely used in portable devices owing to their low weight, high energy-to-weight ratios, self-discharge ability, and slow loss of charge.

Moreover, the increasing use of lithium-ion batteries in portable electronic devices is driving the demand for lithium carbonate from the electronics and electrical industry. In addition, rechargeable lithium-ion batteries are widely used in electronic devices such as laptops, smartphones, and medical devices. Furthermore, lithium carbonate increases the strength of ceramic products and improves the viscosity of ceramics that are used for coating and glazing. Hence, such factors are driving the market growth during the forecast period.

Significant Market Trends and Analysis

A key factor shaping the market growth is the diversification of lithium sources. Traditionally, lithium has been extracted from brine deposits, which are found in salt flats or salars. In addition, brine extraction, often associated with countries like Chile and Argentina, has been a major source of lithium production. Furthermore, spodumene is a mineral containing lithium, and spodumene deposits are an alternative source of lithium.

Moreover, these hard-rock deposits are mined, and lithium is extracted through mineral processing and chemical methods. In addition, lithium can also be found in clay deposits, and exploration efforts have been directed toward lithium-rich clay sources. Hence, such factors positively impact the lithium carbonate market. Therefore, it is expected to drive the market growth during the forecast period.

Major Challenge

Shortage of EV charging stations is one of the key challenges hindering market growth. The use of these batteries in EVs is rapidly increasing. However, there is a lack of charging stations, which is one of the factors that negatively impact the lithium carbonate (Li2CO3) market growth. Furthermore, EV owners are facing a challenge in finding suitable recharging facilities.

Moreover, unlike conventional vehicles, there are no standardized recharging facilities for EVs. In addition, public awareness and campaigns to encourage the adoption of Evs are required to increase the sales of Evs. Furthermore, the focus on developing and providing better-charging infrastructure is low. Hence, such factors are hindering the market growth during the forecast period.

Market Segmentation by Application, Distribution Channel, and Geography

Application Analysis

The batteries segment is estimated to witness significant growth during the forecast period. Lithium carbonate is increasingly used for the production of cathode materials for lithium-ion batteries. In addition, lithium carbonate with 99.9% lithium content is considered EV-grade lithium carbonate. Furthermore, lithium carbonate with a purity of 99.5% is considered standard battery-grade lithium carbonate.

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The batteries segment was the largest segment and was valued at USD 1.90 billion in 2018. Moreover, lithium carbonate has good electrochemical inertness, which is best suited for manufacturing the protective layer of cathodes for lithium-ion batteries. In addition, lithium carbonate-based lithium-ion batteries are used in EVs, energy grid storage batteries, and consumer electronics. Furthermore, lithium carbonate is also used to manufacture lithium cobalt oxide batteries, which offer stable capacities and high specific energy. In addition, these characteristics of lithium cobalt oxide batteries make them ideal for use in smartphones, laptops, and digital cameras. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Distribution Channel Analysis 

Based on the distribution channel, the market has been segmented into direct sale and indirect sale. The direct sale segment will account for the largest share of this segment. Direct sales segment of lithium carbonate can eliminate the requirement for intermediaries, such as distributors or middlemen, which may reduce overall transaction costs. In addition, this cost efficiency can be beneficial for both producers and buyers, potentially leading to more competitive pricing. Moreover, by selling directly to end-users or downstream manufacturers, lithium carbonate producers may capture a larger share of the profit margin that would otherwise be distributed among various intermediaries in a traditional supply chain. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Region Analysis

APAC is estimated to contribute 72% to the growth of the global market during the projection period. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the projection period.

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The growing adoption of EVs in countries such as China and India has led to an increasing demand for lithium carbonate. In addition, countries in the APAC region, such as Indonesia and India, have been investing heavily in renewable energy sources such as solar and wind. Moreover, lithium-ion batteries are used for energy storage in renewable energy projects, contributing to the demand for lithium carbonate. For example, in January 2024, the Ministry of New and Renewable Energy of India announced around 13.5 GW of renewable energy capacity installed, with an expenditure of around USD10 billion, and is ranked fourth internationally in renewable energy installed capacity, fourth in wind power capacity, and fifth in solar power capacity. Furthermore, APAC countries, especially China and South Korea, have become key players in the global battery manufacturing industry. In addition, the presence of major battery manufacturers has driven the demand for lithium carbonate as a raw material for battery production. Hence, such factors are driving the market growth in APAC during the forecast period.

Market Key Companies

Companies are implementing various market growth and forecasting strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches, to enhance their presence in the market.

Albemarle Corp: The company offers lithium carbonate used as raw material for the glass, ceramics and enamel industries; basis material for the manufacture of other lithium compounds; and catalyst for esterification.

The report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including: 

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.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report predicts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Application Outlook 
    • Batteries
    • Ceramics and Glass
    • Cement and Aluminum
    • Others
  • Distribution Channel Outlook
    • Direct sale
    • Indirect sale
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

This market is experiencing significant growth driven by the expanding demand for lithium in various applications. Electric vehicles (EVs) and energy storage systems are major contributors, with governments worldwide implementing emissions regulations and incentives to accelerate EV adoption. Lithium's role in energy storage for renewable sources enhances grid stability and supports electrification efforts in the aerospace, marine, and robotics industries. The market also caters to grid-scale energy storage, facilitating large-scale battery installations to address intermittent energy generation challenges. In aerospace and aviation, lithium is crucial for electric aircraft, drones, space exploration missions, and satellite technologies. Additionally, lithium finds applications in portable electronics and wearable technology, reflecting its versatility across diverse industries.

Lithium Carbonate Market Scope

Report Coverage

Details

Page number

169

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 10.81%

Market Growth 2024-2028

USD 3.23 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

10.33

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 72%

Key countries

US, China, South Korea, Japan, and Germany

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

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.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market forecast during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2028
  • Precise estimation of the market size and its contribution of the market to the parent market
  • Accurate predictions about upcoming market growth and trends and changes in consumer behavior
  • Growth of the market across APAC, North America, Europe, Middle East and Africa, and South America
  • Thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive market research and growth analysis of factors that will challenge the growth of lithium carbonate market companies

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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 Geography
    • 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 geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 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 geography
      • Exhibit 111: Market opportunity by geography ($ billion)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ 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

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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