The Report “Global Lithium Concentrate Market By Applications (Li-Ion Batteries, Glass & Ceramics and Others); By Geography (North America, Europe, Asia-pacific and Rest of the world) - Forecasts till 2020”, at a CAGR of 10.31% from 2015 to 2020.
Browse through the TOC of the Global Lithium Concentrate Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Lithium mineral ore is subjected to separation processes for upgrading the lithium content and removing waste materials. Different separation processes produce concentrates with differential content of lithium. These can be used in chemical-grade and technical-grade applications. Chemical-grade lithium concentrates are most widely used in lithium batteries. Apart from their use in lithium batteries, chemical-grade lithium concentrates have other applications. It is used in lubricants as a thickener in grease. In aluminum smelting, it is used for reducing power usage and increasing electrical conductivity.
Technical-grade lithium concentrates are used in lithium products with low iron concentration. The most important application of these in glass and ceramics.
In terms of volume, the overall lithium concentrate consumption will likely post 6.20% YoY growth in terms of volume and in terms of value the market will increase with a CAGR of 10.31%. Chile and Australia are the largest producers of lithium followed by China, Argentina, Zimbabwe and U.S.A among others.
In terms of geography the market 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 concentrate 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 Concentrate market has been covered in this report. Some of the major companies in this market are SQM (Chile), FMC Corp (U.S.), Albemarle Corp (U.S.), Sichuan Tianqui (Australia), Talison Lithium Ltd. (Australia), Galaxy Resources (Australia), and others.
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