Global Lithium Carbonate Market is expected to grow with a CAGR of 14.97% from 2015 to 2020 The Report “ Global Lithium Carbonate Market By Applications (Li-Ion Batteries, Glass & Ceramics, Medical, Lubricants, Metallurgy, Polymers and Others); By Geography (North America, Europe, Asia-pacific and Rest of the world) - Forecasts till 2020 ”, at a CAGR of 14.97% from 2015 to 2020. To view all the latest lithium content and analysis visit our Lithium Hub. The report includes country-wise and region-wise market size for the period 2015-2026. Lithium outlook 2020: Market to rebalance ahead of exponential growth Looking ahead, most experts agree that lithium prices are close to the bottom. Lithium is a highly reactive soft and silvery-white alkali metal. China's lithium hydroxide market declined due to quiet buying. Latest battery-grade spot lithium prices Market & price developments. The chart below produced by Roskill for Nemaska Lithium in the Marketing Review Report of February 19, 2018, sees demand growing to more than 1 million tonnes of lithium carbonate equivalent by 2026. Lithium is used in a number of applications, but the biggest growth is expected to come from the electric vehicle market and rechargeable batteries. Argus has assessed lithium carbonate prices at $6.50-8.50/kg cif China, historically low levels as extra supply meets stable demand from the EV market… The price of lithium carbonate is up by 47% from 2015 and the year 2017 will see increased sales of pure electric cars. Lithium carbonate and hydroxide prices continued to display a downward trend throughout the majority of 2019, with monthly average lithium carbonate prices falling 36% between January and December. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.
China's battery-grade lithium carbonate prices fell again after a week of stabilization. Global “Lithium Carbonate market”- Report defines the vital growth factors, opportunities and market segment of top players during the forecast period from 2019 to 2025. In 2019, the average price of a battery-grade lithium carbonate was an estimated 13,000 U.S. dollars per metric ton. Add the fact that Li-ion batteries are also used for mobile devices such as smartphones, tablets, laptops, and other wearable devices, and the demand for the commodity will surely increase as well.
The Pharmaceutical Grade Lithium Carbonate market is analysed and market size information is provided by regions (countries).
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