Lithium Market - North America, Europe, EMEA, APAC : US, Canada, China, Germany, UK - Forecast 2023-2027

Published: Feb 2023 Pages: 172 SKU: IRTNTR45931

Lithium Market 2023-2027

The Global Lithium Market size is estimated to grow by 1,066.47 thousand tons. at a CAGR of 25% between 2022 and 2027. The growth of the market depends on several factors, including a surge in demand from diversified applications, a rise in demand from developing countries, and an increased demand from the EVs industry. However, the industry has its own set of challenges such as the rise in availability of substitute products, lack of recharging infrastructure, and toxicity of lithium hydroxide. But to overcome the challenges market trends such as capacity expansions to accelerate market growth, rise in preference for renewable energy, and rise in number of partnerships and R and D activities will boost the market growth.

 It also includes an in-depth analysis of drivers, trends, and challenges. 

What will be the size of the Lithium Market During the Forecast Period?

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Market: Key Drivers, Trends, Challenges, and Customer Landscape

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The rise in demand from developing countries is a key factor driving the market size. The global market is experiencing rapid growth, driven by the escalating demand for these in developing economies like China, India, Chile, Argentina, Brazil, and Mexico. Numerous Original Equipment Manufacturers (OEMs) are relocating their manufacturing bases to these regions due to factors such as abundant mining ores, cost-effective labor, low transportation expenses, availability of land and raw materials, and relaxed government regulations. The establishment of additional production plants in Chile, Argentina, and Australia is also anticipated to contribute to market expansion.

In the Asia-Pacific (APAC) and Latin American regions, the surging population, increasing disposable income, and higher purchasing power are spurring investments in the automotive and construction sectors. The construction industry's growing use of these products for ceramics and glasses is expected to boost market growth further. Additionally, the escalating construction activities in APAC and the Middle East will drive the demand for lithium. Moreover, increased investments and government initiatives in countries like China, India, and Japan for electric vehicle (EV) production are poised to propel market growth in these nations.

Major Market Trends

The rise in preference for renewable energy is a prominent trend propelling market growth. The market is poised to experience significant growth as it finds extensive use in battery storage solutions within the renewable energy industry. The rising global popularity of renewable energy has led to a steady increase in the installation of renewable energy sources. This trend includes the growing adoption of hybrid wind turbines, utilizing lithium-ion storage batteries, and solar panels, employing lithium-ion batteries for solar energy storage.

Additionally, the increased utilization of solar photovoltaic cells for power generation is projected to drive the demand for lithium-ion storage batteries in the forecast period. Moreover, onshore wind power generation has become a highly cost-effective energy source, further fueling the demand for lithium-ion storage batteries. Consequently, over the next 5-10 years, the demand for lithium hydroxide, a key component for producing lithium-ion batteries, is expected to surge.

Significant Market Challenge

The lack of recharging infrastructure is the major challenge impeding market growth. The presence of adequate infrastructure significantly influences the sales of electric vehicles (EVs) and subsequently impacts the demand for lithium-ion batteries. EV owners face challenges in finding suitable charging stations, as there is no standardized recharging facility, unlike conventional vehicles. This limitation hampers the widespread adoption of EVs, and in India, for instance, Mahindra faces obstacles in increasing Reva's sales due to the lack of charging infrastructure in cities.

To drive the adoption of EVs during the forecast period, there is a need for public awareness and marketing campaigns promoting the adoption of EVs and the development of charging infrastructure. The government's role in developing charging infrastructure is crucial, but currently, there is limited focus on this aspect. Some European countries with high EV sales, such as Norway, the Netherlands, and Denmark, have also faced concerns over the lack of proper recharging infrastructure for EVs. Effective implementation of marketing and communication strategies to raise awareness among producers and consumers is pivotal in encouraging the public to adopt EVs. Unfortunately, these strategies have not been adequately executed, leading to reduced public awareness of EVs, which could impact the growth of the global market.

Key Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Lithium Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Avalon Advanced Materials Inc. - The company offers solutions such as lubricants, and chemicals.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Lithium Americas Corp.
  • Lithium Australia Ltd.
  • Livent Corp.
  • MGX Minerals Inc.
  • Mineral Resources Ltd.
  • Nemaska Lithium Inc.
  • Neometals Ltd.
  • Orocobre Ltd.
  • Perseus Mining Ltd.
  • Pilbara Minerals Ltd.
  • Pluspetrol Resources Corporation B.V.
  • Sayona Mining Ltd.
  • Sociedad Quimica y Minera de Chile SA
  • Tianqi Lithium Corp.
  • Shanghai Oujin Lithium Industrial 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.

What is the Fastest-Growing Segment in the Market?

The market share growth of the batteries segment will be significant during the forecast period. Lithium-ion batteries are designed to offer high-energy density with low weight and size. The increasing demand for lithium-ion batteries from the EVs, consumer electronics, and power grid storage sectors is expected to drive market growth. In addition, government regulations and subsidies for EVs are expected to augment market growth.

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The batteries segment was valued at 148.29 thousand t in 2017 and continued to grow until 2021Lithium-ion batteries have emerged as the most promising solution for energy storage in EVs owing to their outstanding electrochemical performance and capacity. Also, the batteries practically require no maintenance, which reduces the chances of downtime in EVs powered by lithium-ion batteries. Therefore, the increasing demand for lithium-ion batteries is expected to increase the demand for lithium, thereby driving market growth.

Which are the Key Regions for the Lithium Market?

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APAC is estimated to contribute 70% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Factors such as the increased demand for these products from the automobile, construction, and industrial sectors and the rise in demand for EVs from countries such as China, Japan, India, and Indonesia are expected to fuel the growth of the market in APAC. The Chinese government foresees that the use of EVs is one of the most effective ways to reduce pollution in cities such as Beijing and Shanghai. The Chinese government has announced its plan to set up new charging stations for EVs at different places in the country. Japan is home to bestselling EV makers, including Toyota, Honda, and Nissan.  Furthermore, the increase in the number of infrastructural projects and construction activities in India, China, Japan, Singapore, Thailand, Indonesia, the Philippines, and other APAC countries are expected to drive the demand for lithium, owing to the increased use of material in the formulation of ceramics and glass.

The lithium-ion battery market in APAC witnessed certain challenges owing to the COVID-19 outbreak in early 2020. However, the easing of travel restrictions, resumption of operations in the manufacturing sector, and the large-scale COVID-19 vaccination drives supported the growth of the regional market in focus in 2021. Moreover, in the post-COVID-19 scenario, as the demand for EVs increased, there was a rise in demand for dehumidification systems and solutions in the industry.

Segment Overview

The market research analysis report forecasts market growth by revenue at global, regional & country levels and provides market trends and analysis and growth opportunities from 2017 to 2027. 

  • Application Outlook (Thousand t, 2017 - 2027)
    • Batteries
    • Ceramics and glass
    • Grease
    • Polymer
    • Others
  • Product Outlook (Thousand t, 2017 - 2027)
    • Carbonate
    • Hydroxide
    • Others
  • Region Outlook (Thousand t, 2017 - 2027)
    • APAC
      • China
      • India
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The Market is experiencing significant growth due to the electrification of vehicles and its automotive application segment. Traditional internal combustion engine (ICE) automakers are transitioning to electric vehicles (EVs) to reduce carbon dioxide emissions and meet environmental regulations, supported by government subsidies. The market relies on brines and minerals as primary sources, with projects like the Thacker Pass Mine by Lithium Nevada Corporation aiming to extract lithium for battery-grade carbonate used in lithium-ion (Li-ion) batteries. These batteries are crucial in various industries such as electronics and transportation, powering devices like smartphones, tablets, laptops, and wearables. Companies like Suzuki Motor Corporation are investing in lithium technologies to enhance their product offerings. Lithium Carbonate (Li2CO3) and LiOH are essential components in the production of Li-ion batteries and rechargeable lithium-polymer cells. The market also involves the supply and demand dynamics of cobalt, graphite, and lithium, which are key materials for energy storage systems.

Lithium Market Scope

Report Coverage

Details

Page number

172

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 25%

Market growth 2023-2027

1,066.47 thousand t

Market structure

Fragmented

YoY growth 2022-2023(%)

24.38

Regional analysis

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

Performing market contribution

APAC at 70%

Key countries

US, China, Japan, South Korea, and Germany

Competitive landscape

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

Key companies profiled

Albemarle Corp., Avalon Advanced Materials Inc., Critical Elements Lithium Corp., Ganfeng Lithium Co. Ltd., IGO Ltd., Lithium Americas Corp., Lithium Australia Ltd., Livent Corp., MGX Minerals Inc., Mineral Resources Ltd., Nemaska Lithium Inc., Neometals Ltd., Orocobre Ltd., Perseus Mining Ltd., Pilbara Minerals Ltd., Pluspetrol Resources Corporation B.V., Sayona Mining Ltd., Sociedad Quimica y Minera de Chile SA, Tianqi Lithium Corp., and Shanghai Oujin Lithium Industrial Co. Ltd.

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market growth analysis for the
market 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 during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market size and its contribution to the parent market
  • Accurate predictions about market growth and trends and changes in consumer behavior
  • market research and growth across APAC, North America, Europe, South America, and the Middle East and Africa
  • Thorough market growth and forecasting analysis, market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the growth of market companies

We can help! Our analysts can customize this report to meet your requirements. Get in touch

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 Product
    • 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 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global lithium market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global lithium market 2017 - 2021 (thousand t)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 (thousand t)
    • 4.3 Product Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 (thousand t)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (thousand t)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (thousand t)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 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 2022-2027
      • Exhibit 34: Chart on Batteries - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 35: Data Table on Batteries - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 36: Chart on Batteries - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Batteries - Year-over-year growth 2022-2027 (%)
    • 6.4 Ceramics and glass - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Ceramics and glass - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 39: Data Table on Ceramics and glass - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 40: Chart on Ceramics and glass - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Ceramics and glass - Year-over-year growth 2022-2027 (%)
    • 6.5 Grease - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Grease - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 43: Data Table on Grease - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 44: Chart on Grease - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Grease - Year-over-year growth 2022-2027 (%)
    • 6.6 Polymer - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Polymer - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 47: Data Table on Polymer - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 48: Chart on Polymer - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Polymer - Year-over-year growth 2022-2027 (%)
    • 6.7 Others - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Others - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by Application
      • Exhibit 54: Market opportunity by Application (thousand t)
      • Exhibit 55: Data Table on Market opportunity by Application (thousand t)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 56: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 57: Data Table on Product - Market share 2022-2027 (%)
    • 7.2 Comparison by Product
      • Exhibit 58: Chart on Comparison by Product
      • Exhibit 59: Data Table on Comparison by Product
    • 7.3 Carbonate - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Carbonate - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 61: Data Table on Carbonate - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 62: Chart on Carbonate - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Carbonate - Year-over-year growth 2022-2027 (%)
    • 7.4 Hydroxide - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Hydroxide - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 65: Data Table on Hydroxide - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 66: Chart on Hydroxide - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Hydroxide - Year-over-year growth 2022-2027 (%)
    • 7.5 Others - Market size and forecast 2022-2027
      • Exhibit 68: Chart on Others - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 69: Data Table on Others - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 70: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Product
      • Exhibit 72: Market opportunity by Product (thousand t)
      • Exhibit 73: Data Table on Market opportunity by Product (thousand t)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 75: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 76: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 77: Chart on Geographic comparison
      • Exhibit 78: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on North America - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Europe - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 88: Data Table on Europe - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 89: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 91: Chart on South America - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 103: Chart on US - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 104: Data Table on US - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 South Korea - Market size and forecast 2022-2027
      • Exhibit 111: Chart on South Korea - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 112: Data Table on South Korea - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 113: Chart on South Korea - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
    • 9.12 Germany - Market size and forecast 2022-2027
      • Exhibit 115: Chart on Germany - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 116: Data Table on Germany - Market size and forecast 2022-2027 (thousand t)
      • Exhibit 117: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 119: Market opportunity by geography (thousand t)
      • Exhibit 120: Market opportunity by geography (thousand t) - Volume

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 121: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 123: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 124: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 125: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 126: Matrix on vendor position and classification
            • 12.3 Albemarle Corp.
              • Exhibit 127: Albemarle Corp. - Overview
              • Exhibit 128: Albemarle Corp. - Business segments
              • Exhibit 129: Albemarle Corp. - Key news
              • Exhibit 130: Albemarle Corp. - Key offerings
              • Exhibit 131: Albemarle Corp. - Segment focus
            • 12.4 Avalon Advanced Materials Inc.
              • Exhibit 132: Avalon Advanced Materials Inc. - Overview
              • Exhibit 133: Avalon Advanced Materials Inc. - Product / Service
              • Exhibit 134: Avalon Advanced Materials Inc. - Key offerings
            • 12.5 Critical Elements Lithium Corp.
              • Exhibit 135: Critical Elements Lithium Corp. - Overview
              • Exhibit 136: Critical Elements Lithium Corp. - Product / Service
              • Exhibit 137: Critical Elements Lithium Corp. - Key offerings
            • 12.6 Ganfeng Lithium Co. Ltd.
              • Exhibit 138: Ganfeng Lithium Co. Ltd. - Overview
              • Exhibit 139: Ganfeng Lithium Co. Ltd. - Business segments
              • Exhibit 140: Ganfeng Lithium Co. Ltd. - Key offerings
              • Exhibit 141: Ganfeng Lithium Co. Ltd. - Segment focus
            • 12.7 IGO Ltd.
              • Exhibit 142: IGO Ltd. - Overview
              • Exhibit 143: IGO Ltd. - Product / Service
              • Exhibit 144: IGO Ltd. - Key offerings
            • 12.8 Lithium Americas Corp.
              • Exhibit 145: Lithium Americas Corp. - Overview
              • Exhibit 146: Lithium Americas Corp. - Business segments
              • Exhibit 147: Lithium Americas Corp. - Key offerings
              • Exhibit 148: Lithium Americas Corp. - Segment focus
            • 12.9 Lithium Australia Ltd.
              • Exhibit 149: Lithium Australia Ltd. - Overview
              • Exhibit 150: Lithium Australia Ltd. - Product / Service
              • Exhibit 151: Lithium Australia Ltd. - Key news
              • Exhibit 152: Lithium Australia Ltd. - Key offerings
            • 12.10 Livent Corp.
              • Exhibit 153: Livent Corp. - Overview
              • Exhibit 154: Livent Corp. - Product / Service
              • Exhibit 155: Livent Corp. - Key offerings
            • 12.11 MGX Minerals Inc.
              • Exhibit 156: MGX Minerals Inc. - Overview
              • Exhibit 157: MGX Minerals Inc. - Product / Service
              • Exhibit 158: MGX Minerals Inc. - Key offerings
            • 12.12 Nemaska Lithium Inc.
              • Exhibit 159: Nemaska Lithium Inc. - Overview
              • Exhibit 160: Nemaska Lithium Inc. - Product / Service
              • Exhibit 161: Nemaska Lithium Inc. - Key offerings
            • 12.13 Orocobre Ltd.
              • Exhibit 162: Orocobre Ltd. - Overview
              • Exhibit 163: Orocobre Ltd. - Business segments
              • Exhibit 164: Orocobre Ltd. - Key offerings
              • Exhibit 165: Orocobre Ltd. - Segment focus
            • 12.14 Pilbara Minerals Ltd.
              • Exhibit 166: Pilbara Minerals Ltd. - Overview
              • Exhibit 167: Pilbara Minerals Ltd. - Product / Service
              • Exhibit 168: Pilbara Minerals Ltd. - Key offerings
            • 12.15 Pluspetrol Resources Corporation B.V.
              • Exhibit 169: Pluspetrol Resources Corporation B.V. - Overview
              • Exhibit 170: Pluspetrol Resources Corporation B.V. - Product / Service
              • Exhibit 171: Pluspetrol Resources Corporation B.V. - Key offerings
            • 12.16 Shanghai Oujin Lithium Industrial Co. Ltd.
              • Exhibit 172: Shanghai Oujin Lithium Industrial Co. Ltd. - Overview
              • Exhibit 173: Shanghai Oujin Lithium Industrial Co. Ltd. - Product / Service
              • Exhibit 174: Shanghai Oujin Lithium Industrial Co. Ltd. - Key offerings
            • 12.17 Tianqi Lithium Corp.
              • Exhibit 175: Tianqi Lithium Corp. - Overview
              • Exhibit 176: Tianqi Lithium Corp. - Product / Service
              • Exhibit 177: Tianqi Lithium Corp. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 178: Inclusions checklist
                • Exhibit 179: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 180: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 181: Research methodology
                • Exhibit 182: Validation techniques employed for market sizing
                • Exhibit 183: Information sources
              • 13.5 List of abbreviations
                • Exhibit 184: 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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              lithium market

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