Lithium Carbonate for Electric Vehicles Market
Lithium Carbonate for Electric Vehicles Market
Scope: Industry Analysis, Market Size, Growth,
Trends Till 2031
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Lithium Carbonate for Electric Vehicles Market Size and Growth
The Lithium Carbonate market for electric vehicles is experiencing robust growth, driven by surging demand for EVs. In 2023, the market size is valued at approximately $7 billion, with projections indicating a compound annual growth rate exceeding 15% through 2030. Supply chain challenges and sustainability considerations are shaping competitive dynamics.
Companies Covered
(Covid 19 Impact Covered)
◍ SQM
◍ Albemarle
◍ Livent (FMC)
◍ Orocobre
◍ Talison
◍ Anmol Chemicals
◍ Tianqi Lithium
◍ Sichuan Yahua Industrial Group
◍ General Lithium (Haimen) Corporation
◍ Ruifu Lithium
◍ QingHai Salt Lake Industry
◍ CITIC Guoan Group Company Limited
◍ West Mining
◍ Tibet Mineral Development
◍ Ganfeng Lithium
◍ Quebec Lithium (RB Energy)
The lithium carbonate market for electric vehicles features key players like SQM, Albemarle, and Ganfeng Lithium. These companies supply lithium carbonate for battery production, driving EV growth. Sales revenues include:
- Albemarle: $4.74 billion
- SQM: $2.4 billion
- Ganfeng Lithium: $1.5 billion
These players significantly enhance market capacity and innovation.
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Market Segmentation
By Application
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By Product
Salt Lake Extraction
Extraction of lithium ore
Market Growth
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$ X Billion USD
