Dublin, July 07, 2021 (GLOBE NEWSWIRE) -- The "Lithium Compound Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
Lithium is a soft and silver-white alkali metal, commonly present in the soil, plants, animals and human body. It is generally extracted from ores and mineral springs where it is found in small amounts. It has the lowest density of all the metals and reacts vigorously with water. Lithium is corrosive in nature and burns with a brilliant white flame. It forms numerous organic and inorganic compounds including hydride, oxide, nitride, carbide, hydroxide, etc. These compounds find applications in cooling systems for nuclear reactors, rechargeable batteries, special glasses, glass ceramics, aircrafts, armour plating, bicycle frames, etc. According to this report, titled "Lithium Compound Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global lithium compound market reached a value of US$ 4.22 Billion in 2020.
Lithium-ion batteries are majorly used in portable electronic devices such as electric vehicles, camera, pacemakers, smartphones and watches. Increasing usage for these devices among the consumers has boosted the demand for li-ion batteries in the emerging countries such as China, South Korea, India and Brazil. This acts as the major growth-inducing factor for lithium compounds since they are used in the production of li-ion batteries. Moreover, huge investments in infrastructure developments, renovation of buildings and new housing projects are increasing the demand for glasses and ceramics, thereby influencing the market of lithium compounds. Further, a shift towards electronic vehicles instead of petroleum-based vehicles is facilitating the demand for lithium compounds in the industry. Looking forward, the publisher expects the global lithium compound market to exhibit moderate growth during the next five years.
The report has segmented the market on the basis of type, wherein lithium carbonate represents the most popular type of lithium compound. It is followed by lithium hydroxide, lithium concentrate, lithium metal, lithium chloride and butyllithium. The market is also segregated on the basis of end-use into batteries, glass and glass ceramics, automotive parts, greases, metallurgy, polymer and air treatment. Amongst these, batteries account for the majority of the market share. Region-wise, the report covers Asia Pacific, North America, Europe, Middle East and Africa, and Latin America. Currently, Asia Pacific dominates the market, accounting for the majority of the market share. The report has also analysed the competitive landscape of the market with some of the key global players being SQM, FMC Corporation, Orocobre Limited, Lithium Americas Corp. and Neometals Ltd.
This report provides a deep insight into the global lithium compound market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the lithium compound industry in any manner.
Key Questions Answered in This Report:
- How has the global lithium compound market performed so far and how will it perform in the coming years?
- What are the key regions in the global lithium compound market?
- What has been the impact of COVID-19 on the global lithium compound market?
- Which are the popular product types in the global lithium compound market?
- What are the major end-uses in the global lithium compound market?
- What are the price trends of lithium compound?
- What are the various stages in the value chain of the global lithium compound market?
- What are the key driving factors and challenges in the global lithium compound market?
- What is the structure of the global lithium compound market and who are the key players?
- What is the degree of competition in the global lithium compound market?
- How is lithium compound manufactured?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Properties
4.3 Key Industry Trends
5 Global Lithium Compound Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Impact of COVID-19
5.4 Price Trends
5.5 Market Breakup by Type
5.6 Market Breakup by End Use
5.7 Market Breakup by Region
5.8 Market Forecast
5.9 SWOT Analysis
5.9.1 Overview
5.9.2 Strengths
5.9.3 Weaknesses
5.9.4 Opportunities
5.9.5 Threats
5.10 Value Chain Analysis
5.10.1 Overview
5.10.2 Research and Development
5.10.3 Raw Material Procurement
5.10.4 Manufacturing
5.10.5 Marketing
5.10.6 Distribution
5.10.7 End-Use
5.11 Porters Five Forces Analysis
5.11.1 Overview
5.11.2 Bargaining Power of Buyers
5.11.3 Bargaining Power of Suppliers
5.11.4 Degree of Competition
5.11.5 Threat of New Entrants
5.11.6 Threat of Substitutes
6 Market Breakup by Type
6.1 Lithium Carbonate
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Lithium Hydroxide
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Lithium Concentrate
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Lithium Metal
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Lithium Chloride
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Butyllithium
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Other Lithium Compound
6.7.1 Market Trends
6.7.2 Market Forecast
7 Market Breakup by End-Use
7.1 Batteries
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Glass and Glass Ceramics
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Automotive Parts
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Greases
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Metallurgy
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Polymer
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Air Treatment
7.7.1 Market Trends
7.7.2 Market Forecast
7.8 Others
7.8.1 Market Trends
7.8.2 Market Forecast
8 Market Breakup by Region
9 Lithium Compound Manufacturing Process
9.1 Product Overview
9.2 Raw Material Requirements
9.3 Manufacturing Process
9.4 Key Success and Risk Factors
10 Competitive Landscape
10.1 Market Structure
10.2 Key Players
10.3 Profiles of Key Players
10.3.1 SQM
10.3.1.1 Company Overview
10.3.1.2 Description
10.3.1.3 Product Portfolio
10.3.1.4 Financials
10.3.1.5 SWOT Analysis
10.3.2 FMC Corporation
10.3.2.1 Company Overview
10.3.2.2 Description
10.3.2.3 Product Portfolio
10.3.2.4 Financials
10.3.2.5 SWOT Analysis
10.3.3 Orocobre Limited
10.3.3.1 Company Overview
10.3.3.2 Description
10.3.3.3 Product Portfolio
10.3.3.4 Financials
10.3.4 Lithium Americas Corp
10.3.4.1 Company Overview
10.3.4.2 Description
10.3.4.3 Product Portfolio
10.3.5 Neometals Ltd
10.3.5.1 Company Overview
10.3.5.2 Description
10.3.5.3 Product Portfolio
10.3.5.4 Financials
For more information about this report visit https://www.researchandmarkets.com/r/ar7b8g