Lithium carbonate is an inorganic compound, the lithium salt of carbonate with the formula Li2CO3. This white salt is an important industrial chemical and widely used in many industries, such as battery industry, processing of metal oxides
Lithium carbonate is resource-oriented industry. Currently, there are a few of companies in global lithium carbonate industry, most of them are located in Chile,Argentina and China. The main market players are SQM,Albemarle, FMC,Tianqi Lithium and Ganfeng Lithium.
In consumption market, The Asia-Pacific region will continue to dominate the market, with China and Japan as major consumer countries. With the rise of China's new energy automobile industry, future demand will continue to grow rapidly.In 2017, Asia Pacific demand accounted for more than 76%.
Lithium carbonate is used in batteries, glass and ceramics, metallurgy and lubricants. Report data showed that 63.4% of the lithium carbonate market demand in batteries, 14.5% in glass and ceramics in 2017. With the development of economy, these industries will need more lithium carbonate.
Global Lithium Carbonate market size will increase to 2770 Million US$ by 2025, from 2070 Million US$ in 2018, at a CAGR of 4.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Lithium Carbonate.
This report researches the worldwide Lithium Carbonate market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Lithium Carbonate breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
QingHai Salt Lake Industry
Tibet Mineral Development
Lithium Carbonate Breakdown Data by Type
Industrial Grade Lithium Carbonate
Battery Grade Lithium Carbonate
Lithium Carbonate Breakdown Data by Application
Glass and Ceramics
Lithium Carbonate Production Breakdown Data by Region
Lithium Carbonate Consumption Breakdown Data by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Lithium Carbonate capacity, production, value, consumption, status and forecast;
To focus on the key Lithium Carbonate manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Lithium Carbonate :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.