Spodumene (Triphane) Market
Spodumene (Triphane) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Spodumene (Triphane) Market Size and Growth
Spodumene (Triphane) market research reveals a growing demand driven by lithium-ion battery production and electric vehicle advancements. The global market size is projected to reach approximately $2 billion by 2028, expanding at a CAGR of over 15%. Market conditions reflect increasing investment in mining and sustainable practices to meet rising lithium needs.
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Companies Covered
(Covid 19 Impact Covered)
◍ Albemarle
◍ Talison Lithium Australia Pty Ltd
◍ Xinjiang Zhongjin Futai
◍ Tianqi Lithium
◍ Sichuan State Lithium
The Spodumene (Triphane) Market features key players like Albemarle, Talison Lithium, Xinjiang Zhongjin Futai, Tianqi Lithium, and Sichuan State Lithium. These companies enhance market growth through strategic production and processing of spodumene, addressing rising lithium demand for batteries and electric vehicles.
- Albemarle: $4.1 billion (2022)
- Tianqi Lithium: Approximately $1 billion (2021)
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Market Segmentation
By Application
Jewelry
Ceramic
Others
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By Product
Kunzite (pink)
Hiddenite (green)
Other
Market Growth
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$ X Billion USD
