Lithium Mining Market Newest Sales Number Signs Additional Opportunities Gaining

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Market Size – USD 3.33 Billion in 2020, Market Growth – at a CAGR of 6.8%, Market Trends – Increasing focus on R&D of advanced technologies in mining

Global lithium mining market size was USD 3.33 Billion in 2020 and is expected to register a revenue CAGR of 6.8%, during the forecast period, according to latest analysis by Emergen Research. This innovative filtering technology has a higher recovery rate over present mining methods and reduces the mining procedure time down to just a few hours from several months to years in present lithium mining. This new way to mine lithium substantially decrease lithium prices for Electric Vehicle (EV) batteries and stationary energy storage systems, providing opportunities for energy transition and electric mobility. 

The latest and updated research report on the Global Lithium Mining Market covers a comprehensive overview of the Lithium Mining market, future economic condition, competitive landscape mapping, supply and demand trends, and production and consumption analysis. The report also covers the influence of the COVID-19 pandemic on the Lithium Mining market. The pandemic has dynamically affected all aspects of life on a global scale along with drastic changes in the economy and market conditions. The report covers the currently fluctuating market scenario along with present and future assessment of the COVID-19 impact. The report encompasses the historical data, company overview, financial standing, and necessary information about the new and key players of the market.

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Key Players Profiled in the Report are:

Jiangxi Ganfeng Lithium Co., Ltd., Albemarle Corporation, Tianqi Lithium Corp., SQM S.A. (Sociedad Química y Minera), Pilbara Minerals Limited, Livent Corporation, Orocobre Limited Pty Ltd., Mineral Resources Limited, Lithium Americas Corporation, and Piedmont Lithium, Inc.

Key Questions Answered in the Report:

What is the growth rate of the Lithium Mining market? What is the anticipated market valuation of Lithium Mining industry by 2027?

What are the key growth driving and restraining factors of the Lithium Mining market?

Who are the prominent players operating in the market? What are the key strategies adopted by these companies?

What are the key opportunities and growth prospects of the Lithium Mining industry over the forecast period?

Which region is expected to show significant growth in the coming years?

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Emergen Research has segmented the global lithium mining market on the basis of type, source, end-use, and region:

Type Outlook (Revenue, USD Billion, Volume, Kilotons; 2018–2030)

  • Lithium Hydroxide
  • Lithium Carbonate
  • Lithium Chloride
  • Lithium Concentrate

Source Outlook (Revenue, USD Billion, Volume, Kilotons; 2018–2030)

  • Hard Rock
  • Brine
  • Others

End-use Outlook (Revenue, USD Billion, Volume, Kilotons; 2018–2030)

  • Flux Powder
  • Polymers
  • Batteries
  • Refrigeration
  • Air Conditioning Equipment
  • Glass Ceramics (Frits)
  • Grease Lubricants
  • Pharmaceutical
  • Others

Regional Analysis of the Lithium Mining Market:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

 

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