Lithium Mining Market size is expected to reach nearly US$ 12.06 Bn. by 2030 with the CAGR of 15.2% during the forecast period.
Lithium Mining Market Overview:
One technique for extracting metal from a variety of materials, including hard rocks and brines, is lithium mining. It is the lightest solid element and metal in the natural world. Its long durability, low maintenance requirements, high energy density, and resilience to heat are some significant trends and aspects driving the market in a good direction. As a result, they find employment in a wide range of products, including air conditioners, batteries, glass, and grease.
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Lithium Mining market Market Scope:
The worldwide market for lithium is mostly driven by the expansion of applications for lithium in air treatment. Applications for lithium include air regeneration, dehumidification, and chilling. Absorption chillers are commonly used in shopping centers, hospitals, and other institutional buildings as a source of air cooling. One application for lithium chloride is dehumidification. Lithium chloride is used in large areas that need to run without humidity in order to absorb moisture.
Lithium Mining segmentation:
by Source
Brines
Hard Rocks
by Type
Lithium Hydroxide
Lithium Carbonate
by Application
Batteries
Glass
Grease
Air Conditioning Equipment
Other
Lithium Mining : Key Players:
The competitive landscape of the Lithium Mining market provides information about competitors.
1. Albemarle Corporation
2. SQM
3. Talison Lithium
4. FMC Corporation
5. Tianqi Lithium Corporation
6. Jiangxi Ganfeng
7. Orocorbe Limited Pty Ltd
8. Nordic Mining ASA
9. LITHIUM AMERICAS
10. MGX Minerals Inc.
11. Nemaska Lithium
12. Galaxy Resources Limited
13. Wealth Minerals Ltd.
14. Ganfeng Lithium Co., Ltd.
15. Mineral Resources
16. Livent
17. Youngy Corporation Ltd
18. Piedmont Lithium ltd
19. Savannah Resources
20. Pilbara Minerals ltd.
21. Sichuan Yahua Industrial Group Co Limited
22. Mineral Resources Limited
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Lithium Mining : Regional Analysis:
North America: (Canada, Mexico, and the United States)
Europe (including Russia, the UK, France, Germany, Italy, Spain, Sweden, Austria, and Turkey)
Asia Pacific includes ASEAN, Australia, South Korea, Japan, China, India, and the rest of the region.
Africa and the Middle East (South Africa, GCC, Egypt, Nigeria, and the Remainder of MEA)
South America (Argentina, Brazil, Columbia, and Other South American Countries)
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COVID-19 Impact Analysis on the Market:
The research includes a detailed analysis of COVID-19's effects on the lithium mining sector. With thousands of cases reported globally, the World Health Organization has declared a global health emergency due to the COVID-19 pandemic. The coronavirus disease that these patients have has implications for lithium mining market sectors as well.
Key Questions Answered in the Lithium Mining Market Report are:
Which are the crucial factors aiding Lithium Mining market growth?
Which region has the maximum share in the Lithium Mining market?
What will be the CAGR of the Lithium Mining market during the forecast period (2024–2030)?
Which segment emerged as the leading segment in the Lithium Mining market?
Who are the main players in the Lithium Mining market?
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