Global Lithium Market Overview – Market Growth Analysis And Key Drivers

The Lithium Global Market Report 2023, provides comprehensive information on the lithium market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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https://www.thebusinessresearchcompany.com/report/lithium-global-market-report

As per The Business Research Company’s Lithium Global Market Report 2023, the global lithium market size will grow from $6.2 billion in 2022 to $7.25 billion in 2023 at a compound annual growth rate (CAGR) of 16.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of lithium is expected to grow from $13.85 billion in 2027 at a CAGR of 17.5%.

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The lithium market is segmented:

1) By Type: Glass/Ceramics, Greases / Lubricants, Chemical Synthesis, Portable Electronics & Other Handhelds, Hybrids, Battery Electric Vehicle (bev), Grid, and Other Power Storage Applications

2) By Mining Type: Underground Mining, Surface Mining

South America was the largest region in the lithium market in 2022.

The table of contents in TBRC’s lithium market report includes:

  1. Executive Summary
  2. Report Structure
  3. Lithium Market Characteristics
  4. Lithium Market Product Analysis
  5. Lithium Market Supply Chain

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  1. Key Mergers And Acquisitions In The Lithium Market
  2. Market Background: General Mineral Mining Market
  3. Appendix
  4. Copyright And Disclaimer

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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