Product Code: MRFR/CnM/3624-HCR
Global Lithium Mining Market Research Report by Source (Brine, Hard Rocks), Type (Lithium Chloride, Lithium Hydroxide, Lithium Carbonate, Lithium Concentrate), Application (Batteries, Glass, Grease, Air Conditioning Equipment, Others) Industry Forecast till 2032
Market Overview
The Lithium Mining Market Size is anticipated to grow at a compound annual growth rate (CAGR) of 18.56% from 2024 to 2032.
The mining procedure involves the extraction of lithium from brines and rocks. The evaporation of the brine and the washing of the sodium carbonate in the shallow basins that are lined with PVC. The lithium compounds are extensively employed in the production of ceramics and glass. The primary drivers of the ceramics industry are their potential characteristics, including increased strength, improved coating viscosity, and enhanced glaze color, viscosity, strength, and luster of the ceramic bodies. Consequently, the lithium mining industry experiences an overall increase in growth.
Conversely, the mining industry is also experiencing technological advancements that are leading to more efficient and effective mining processes. In general, they are both energy and resource effective. In addition, they are making use of organic-based sieves to safeguard environmental sustainability. The lithium mining industry is currently experiencing lucrative opportunities for expansion due to these favorable conditions.
The lithium mining market is experiencing growth due to the extensive use of lithium in pharmaceutical operations, medical devices, and electronic automobiles. Likewise, the lithium mining market share is being bolstered by the increasing use of lithium in the pharmaceutical, polymer, and glass and ceramics industries.
Overview of the Segment
The lithium mining market is categorized into Brine and Hard rock based on the source.
The lithium mining market is categorized into four types: chloride, lithium hydroxide, carbonate, and concentrate.
Batteries, glass, grease, and air conditioning equipment comprise the market's application-based segmentation.
The lithium market is segmented into lithium hydroxide and lithium carbonate based on the product.
Regional analysis
Currently, the lithium mining industry is anticipated to experience a higher growth rate in the Asia-Pacific region and the United States. The United States is growing at a rate of 3.2%. The overall growth of lithium mining is presented with lucrative opportunities due to the increasing use of lithium-ion batteries in consumer electronics and medical devices.
The automotive and medicinal industries of European countries are being enhanced, and they are currently engaged in the production of electric vehicles. Consequently, the lithium mining market trends are being stimulated by the extensive use of lithium in these industries. For example, Europe is emphasizing fuel efficiency and enforcing regulations regarding the use of fuel-efficient vehicles. In addition, the International Energy Agency has reported that the nation has sold more than 7 million electric vehicles.
Major Players
Jiangxi Ganfeng Lithium Albemarle, Tianqi Lithium, Sociedad Quimica y Minera, Mineral Resources Limited, Sichuan Yahua Industrial Group Co Limited, Livent Corporation, Lithium Americas, Pilbara Minerals Ltd., Savannah Resources, Bacanora Lithium, Piedmont Lithium ltd, Galaxy Resources ltd, Orocobre Ltd, and Young Corporation Ltd. are the primary players in the lithium mining market.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
- 2.1 MARKET DEFINITION
- 2.2 SCOPE OF THE STUDY
- 2.2.1 RESEARCH OBJECTIVES
- 2.2.2 ASSUMPTIONS & LIMITATIONS
- 2.3 MARKETS STRUCTURE
3 MARKET RESEARCH METHODOLOGY
- 3.1 RESEARCH PROCESS
- 3.2 SECONDARY RESEARCH
- 3.3 PRIMARY RESEARCH
- 3.4 FORECAST MODEL
4 MARKET LANDSCAPE
- 4.1 FIVE FORCES ANALYSIS
- 4.1.1 THREAT OF NEW ENTRANTS
- 4.1.2 BARGAINING POWER OF BUYERS
- 4.1.3 THREAT OF SUBSTITUTES
- 4.1.4 SEGMENT RIVALRY
- 4.2 VALUE CHAIN/SUPPLY CHAIN OF GLOBAL LITHIUM MINING MARKET
5 INDUSTRY OVERVIEW OF GLOBAL LITHIUM MINING MARKET
- 5.1 INTRODUCTION
- 5.2 GROWTH DRIVERS
- 5.3 IMPACT ANALYSIS
- 5.4 MARKET CHALLENGES
6 MARKET TRENDS
- 6.1 INTRODUCTION
- 6.2 GROWTH TRENDS
- 6.3 IMPACT ANALYSIS
7 GLOBAL LITHIUM MINING MARKET BY SOURCE
- 7.1 INTRODUCTION
- 7.2 BRINES
- 7.2.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 7.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2023-2032
- 7.3 HARD ROCKS
- 7.3.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 7.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2023-2032
8. GLOBAL LITHIUM MINING MARKET BY TYPE
- 8.1 INTRODUCTION
- 8.2 LITHIUM HYDROXIDE
- 8.2.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 8.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2023-2032
- 8.3 LITHIUM CARBONATE
- 8.3.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 8.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2023-2032
9. GLOBAL LITHIUM MINING MARKET BY APPLICATION
- 9.1 INTRODUCTION
- 9.2 BATTERIES
- 9.2.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 9.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2023-2032
- 9.3 GLASS
- 9.3.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 9.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2023-2032
- 9.4 GREASE
- 9.4.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 9.4.2 MARKET ESTIMATES & FORECAST BY REGION, 2023-2032
- 9.5 AIR CONDITIONING EQUIPMENT
- 9.5.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 9.5.2 MARKET ESTIMATES & FORECAST BY REGION, 2023-2032
- 9.6 OTHERS
- 9.6.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 9.6.2 MARKET ESTIMATES & FORECAST BY REGION, 2023-2032
10. GLOBAL LITHIUM MINING MARKET BY REGION
- 10.1 INTRODUCTION
- 10.2 NORTH AMERICA
- 10.2.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.2.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.2.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.2.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.2.5 U.S.
- 10.2.5.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.2.5.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.2.5.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.2.5.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.2.6 MEXICO
- 10.2.6.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.2.6.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.2.6.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.2.6.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.2.7 CANADA
- 10.2.7.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.2.7.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.2.7.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.2.7.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.3 EUROPE
- 10.3.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.3.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.3.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.3.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.3.5 GERMANY
- 10.3.5.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.3.5.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.3.5.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.3.5.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.3.6. FRANCE
- 10.3.6.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.3.6.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.3.6.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.3.6.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.3.7 ITALY
- 10.3.7.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.3.7.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.3.7.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.3.7.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.3.8 SPAIN
- 10.3.8.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.3.8.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.3.8.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.3.8.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.3.9 U.K
- 10.3.9.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.3.9.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.3.9.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.3.9.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.3.10 REST OF EUROPE
- 10.3.10.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.3.10.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.3.10.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.3.10.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.4 ASIA PACIFIC
- 10.4.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.4.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.4.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.4.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.4.5 CHINA
- 10.4.5.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.4.5.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.4.5.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.4.5.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.4.6 INDIA
- 10.4.6.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.4.6.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.4.6.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.4.6.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.4.7 JAPAN
- 10.4.7.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.4.7.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.4.7.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.4.7.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.4.8 AUSTRALIA
- 10.4.8.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.4.8.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.4.8.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.4.8.4 MARKET ESTIMATES & FORECAST BY APPLICATION 2023-2032
- 10.4.9 NEW ZEALAND
- 10.4.9.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.4.9.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.4.9.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.4.9.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.4.10 REST OF ASIA PACIFIC
- 10.4.10.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.4.10.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.4.10.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.4.10.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.5 THE MIDDLE EAST & AFRICA
- 10.5.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.5.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.5.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.5.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.5.5 TURKEY
- 10.5.5.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.5.5.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.5.5.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.5.5.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.5.6 ISRAEL
- 10.5.6.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.5.6.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.5.6.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.5.6.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.5.7 NORTH AFRICA
- 10.5.7.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.5.7.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.5.7.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.5.7.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.5.8 GCC
- 10.5.8.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.5.8.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.5.8.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.5.8.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.5.9 REST OF THE MIDDLE EAST & AFRICA
- 10.5.9.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.5.9.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.5.9.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.5.9.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.6 LATIN AMERICA
- 10.6.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.6.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.6.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.6.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.6.5 BRAZIL
- 10.6.5.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.6.5.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.6.5.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.6.5.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.6.6 ARGENTINA
- 10.6.6.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.6.6.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.6.6.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.6.6.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
- 10.6.7 REST OF LATIN AMERICA
- 10.6.7.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 10.6.7.2 MARKET ESTIMATES & FORECAST BY SOURCE, 2023-2032
- 10.6.7.3 MARKET ESTIMATES & FORECAST BY TYPE, 2023-2032
- 10.6.7.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2032
11. COMPANY LANDSCAPE
12. COMPANY PROFILES
- 12.1 ALBEMARLE CORPORATION
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 SOURCE/BUSINESS SEGMENT OVERVIEW
- 12.1.3 FINANCIAL UPDATES
- 12.1.4 KEY DEVELOPMENTS
- 12.2 SQM
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 SOURCE/BUSINESS SEGMENT OVERVIEW
- 12.2.3 FINANCIAL UPDATES
- 12.2.4 KEY DEVELOPMENTS
- 12.3 FMC LITHIUM
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 SOURCE/BUSINESS SEGMENT OVERVIEW
- 12.3.3 FINANCIAL UPDATES
- 12.3.4 KEY DEVELOPMENTS
- 12.4 TIANQI LITHIUM CORPORATION
- 12.4.1 COMPANY OVERVIEW
- 12.4.2 SOURCE/BUSINESS SEGMENT OVERVIEW
- 12.4.3 FINANCIAL UPDATES
- 12.4.4 KEY DEVELOPMENTS
- 12.5 JIANGXI GANFENG LITHIUM CO., LTD.
- 12.5.1 COMPANY OVERVIEW
- 12.5.2 SOURCE/BUSINESS SEGMENT OVERVIEW
- 12.5.3 FINANCIAL UPDATES
- 12.5.4 KEY DEVELOPMENTS
- 12.6 LITHIUM AMERICAS
- 12.6.1 COMPANY OVERVIEW
- 12.6.2 SOURCE/BUSINESS SEGMENT OVERVIEW
- 12.6.3 FINANCIAL UPDATES
- 12.6.4 KEY DEVELOPMENTS
- 12.7 MGX MINERALS INC
- 12.7.1 COMPANY OVERVIEW
- 12.7.2 SOURCE/BUSINESS SEGMENT OVERVIEW
- 12.7.3 FINANCIAL UPDATES
- 12.7.4 KEY DEVELOPMENTS
- 12.8 NEMASKA LITHIUM
- 12.8.1 COMPANY OVERVIEW
- 12.8.2 SOURCE/BUSINESS SEGMENT OVERVIEW
- 12.8.3 FINANCIAL UPDATES
- 12.8.4 KEY DEVELOPMENTS
- 12.9 GALAXY RESOURCES LIMITED
- 12.9.1 COMPANY OVERVIEW
- 12.9.2 SOURCE/BUSINESS SEGMENT OVERVIEW
- 12.9.3 FINANCIAL UPDATES
- 12.9.4 KEY DEVELOPMENTS
- 12.10 WEALTH MINERALS LTD
- 12.10.1 COMPANY OVERVIEW
- 12.10.2 SOURCE/BUSINESS SEGMENT OVERVIEW
- 12.10.3 FINANCIAL UPDATES
- 12.10.4 KEY DEVELOPMENTS
- 12.11 EXIDE INDUSTRIES LTD
- 12.11.1 COMPANY OVERVIEW
- 12.11.2 SOURCE/BUSINESS SEGMENT OVERVIEW
- 12.11.3 FINANCIAL UPDATES
- 12.11.4 KEY DEVELOPMENTS
- 12.12 HBL POWER SYSTEMS LTD
- 12.12.1 COMPANY OVERVIEW
- 12.12.2 SOURCE/BUSINESS SEGMENT OVERVIEW
- 12.12.3 FINANCIAL UPDATES
- 12.12.4 KEY DEVELOPMENTS
- 12.13 BASE BATTERIES
- 12.13.1 COMPANY OVERVIEW
- 12.13.2 SOURCE/BUSINESS SEGMENT OVERVIEW
- 12.13.3 FINANCIAL UPDATES
- 12.13.4 KEY DEVELOPMENTS
- 12.14 OKAYA POWER PVT, LTD
- 12.14.1 COMPANY OVERVIEW
- 12.14.2 SOURCE/BUSINESS SEGMENT OVERVIEW
- 12.14.3 FINANCIAL UPDATES
- 12.14.4 KEY DEVELOPMENTS
- 12.15 SU-KAM POWER SYSTEMS LTD
- 12.15.1 COMPANY OVERVIEW
- 12.15.2 SOURCE/BUSINESS SEGMENT OVERVIEW
- 12.15.3 FINANCIAL UPDATES
- 12.15.4 KEY DEVELOPMENTS
13 CONCLUSION