Report overview
Lithium is often recovered from brine, or water with a high concentration of lithium carbonate. Subsurface brines trapped in the Earth?s crust are a major source material for lithium carbonate. These sources are less expensive to mine than from rock such as spodumene, petalite, and other lithium-bearing minerals.
Brine production of lithium begins by first pumping the brine into evaporative ponds. Over 12 to 18 months, concentration of the brine increases to 6,000 ppm Li through solar evaporation. When the lithium chloride reaches optimum concentration, the liquid is pumped to a recovery plant and treated with soda ash, precipitating lithium carbonate, which is then filtrated, dried, and shipped.
Lithium compounds are used in ceramics and glass, in primary aluminum production, in the manufacture of lubricants and greases, rocket propellants, vitamin A synthesis, silver solders, underwater buoyancy devices, and increasingly in batteries.
Lithium batteries are proving to be an effective and affordable alternative to traditional batteries, and also in new battery applications. More than 50% of lithium mined is used in batteries. This use has recently increased rapidly spurring an increase in lithium mining to provide the lithium for batteries.
Lithium is mixed with other light metals such as aluminum and magnesium to form strong, light-weight alloys (an alloy is a mixture of metals).
This report aims to provide a comprehensive presentation of the global market for Lithium Ores, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lithium Ores. This report contains market size and forecasts of Lithium Ores in global, including the following market information:
Global Lithium Ores Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Lithium Ores Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Lithium Ores companies in 2022 (%)
The global Lithium Ores market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Saline Lake lithium Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Lithium Ores include Jiangxi Ganfeng Lithium, Tianqi Lithium, Albemarle, Livent, Jiangxi Special Electric Motor, Mineral Resources, Sichuan Yahua Industrial Group, Galaxy Resources and Orocobre, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Lithium Ores manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Lithium Ores Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Lithium Ores Market Segment Percentages, by Type, 2022 (%)
Saline Lake lithium
Mineral
Global Lithium Ores Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Lithium Ores Market Segment Percentages, by Application, 2022 (%)
Ceramics and Glass
Battery
Grease
Chemical Industry
Other
Global Lithium Ores Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Lithium Ores Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Lithium Ores revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Lithium Ores revenues share in global market, 2022 (%)
Key companies Lithium Ores sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Lithium Ores sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Jiangxi Ganfeng Lithium
Tianqi Lithium
Albemarle
Livent
Jiangxi Special Electric Motor
Mineral Resources
Sichuan Yahua Industrial Group
Galaxy Resources
Orocobre
Chemetall (Germany)
FMC (USA)
Talison (Australia)
Rockwell?USA)
Outline of Major Chapters:
Chapter 1: Introduces the definition of Lithium Ores, market overview.
Chapter 2: Global Lithium Ores market size in revenue and volume.
Chapter 3: Detailed analysis of Lithium Ores manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Lithium Ores in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Lithium Ores capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
