The Report “Global Lithium Metal Market: By Applications (Li-Ion Batteries, Medical, Polymers and Others); By Geography (North America, Europe, Asia-pacific and Rest of the world) - Forecasts till 2020”, at a CAGR of 11.93% from 2015 to 2020.
Browse through the TOC of the Global Lithium Metal Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Lithium is the third and lightest of all the elements in the periodic table and is a soft, silvery-white alkali metal. Lithium does not occur as a pure element in nature, it is enclosed within stable minerals in a range of hard rock types or in solution in brine bodies within salt lakes. In sea water or geothermal brines. 20 parts per million of lithium is found in Earth’s crust and 0.17 parts per million is contained by oceans.
Lithium is the third element in the periodic table and lightest of all elements in periodic table and is soft, silvery-white alkali metal. Lithium does not occur as a pure element in nature, it is enclosed with stable minerals in range of hard rock types or in solution in brine bodies within the salt lakes.
The global lithium is composed of sustained growth in the years ahead. Polymers segment held a market share of 74.67% in 2014 in terms of volume followed by medical application. Li-ion batteries is the fastest growing market with a CAGR of 11.54% during the forecast period.
Between 2015 and 2020, the overall lithium consumption will likely post 6.59% YoY growth in terms of volume and in terms of value the market will increase with a CAGR of 11.93%. Chile and Australia are the largest producers of lithium followed by China, Argentina, Zimbabwe and U.S.A among others.
The geography part is segmented into Asia-Pacific, North America, Europe and Rest of the world (RoW). The Asia-Pacific region is the fastest growing region in the Global Lithium metal market.
New product launch, Joint venture and expansions are the key growth strategies adopted by the key players in the market. Manufacturing companies and end-product manufacturers infuse high investments for future advancements and technology modifications to match the ever growing demand coming from end-user industries.
An in-depth market share analysis, in terms of revenue, of the top companies is also included in the report. These numbers are arrived at based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts, key opinion leaders such as CEOs, directors, and marketing executives. A detailed market share analysis of the major players in Global Lithium Metal market has been covered in this report. Some of the major companies in this market are SQM (Chile), FMC Corp (U.S.), Canada Lithium Corp (Canada), Albemarle Corp (U.S.), Sichuan Tianqui (Australia), Talison Lithium Ltd. (Australia), Galaxy Resources (Australia), and others.
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