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Lithium Market will Record a CAGR of 22.91% from 2021 to 2025|Surge in Demand from Diversified Applications to Improve the Market Growth | Technavio

NEW YORK, Oct. 25, 2021 -- The lithium market size is expected to increase by 550.19 th MT from 2021 to 2025, registering a CAGR of 22.91%, according to the latest research report from Technavio. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. The lithium market is segmented by application (batteries, ceramics and glass, grease, polymer, and others) and geography (APAC, North America, Europe, and ROW).

Download Our Free Sample Report to explore growth opportunities in the lithium market.

The lithium market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market. The report identifies the surge in demand from diversified applications as one of the major factors driving the growth of the market.

The lithium market covers the following areas:

Lithium Market Sizing
Lithium Market Forecast
Lithium Market Analysis

Some Companies Mentioned

  • Albemarle Corp.
  • Avalon Advanced Materials Inc.
  • Ganfeng Lithium Co. Ltd.
  • Lithium Americas Corp.
  • Livent Corp.
  • Nemaska Lithium Inc.
  • Orocobre Ltd.
  • Pilbara Minerals Ltd.
  • Shanghai Oujin Lithium Industrial Co. Ltd.
  • Tianqi Lithium Corp.

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Lithium Market Scope

Report Coverage


Page number


Base year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 22.91%

Market growth 2021-2025

550.19 th MT

Market structure


YoY growth (%)


Regional analysis

APAC, North America, Europe, and ROW

Performing market contribution

APAC at 71%

Key consumer countries

China, US, Japan, Germany, and South Korea (Republic of Korea)

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Albemarle Corp., Avalon Advanced Materials Inc., Ganfeng Lithium Co. Ltd., Lithium Americas Corp., Livent Corp., Nemaska Lithium Inc., Orocobre Ltd., Pilbara Minerals Ltd., Shanghai Oujin Lithium Industrial Co. Ltd., and Tianqi Lithium Corp.

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

For more valuable insights, View Our Report Snapshot

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]

SOURCE Technavio