U.S. Markets closed
  • S&P 500

    -84.79 (-1.89%)
  • Dow 30

    -450.03 (-1.30%)
  • Nasdaq

    -385.08 (-2.72%)
  • Russell 2000

    -36.12 (-1.78%)
  • Crude Oil

    -0.72 (-0.84%)
  • Gold

    -6.50 (-0.35%)
  • Silver

    -0.37 (-1.50%)

    +0.0037 (+0.3293%)
  • 10-Yr Bond

    -0.0860 (-4.69%)
  • Vix

    +3.26 (+12.74%)

    -0.0055 (-0.4010%)

    -0.4450 (-0.3900%)

    -4,096.27 (-10.49%)
  • CMC Crypto 200

    +628.18 (+258.85%)
  • FTSE 100

    -90.88 (-1.20%)
  • Nikkei 225

    -250.64 (-0.90%)

Lithium Mining Market size worth $ 4.68 Billion, Globally, by 2028 at 5.23% CAGR: Verified Market Research®

·5 min read

Use of lithium in medicinal and pharmaceutical operations has ultimately escalated the need for lithium mining, up surging advancements in the electronic automobiles will further propel the demand for lithium over the forecasted period

JERSEY CITY, N.J., Sept. 30, 2021 /PRNewswire/ -- Verified Market Research recently published a report, "Lithium Mining Market" By Product (Lithium Hydroxide, Lithium Carbonate), By Application (Batteries, Glass, Grease, Air Conditioning Equipment), and By Geography. According to Verified Market Research, the Global Lithium Mining Market size was valued at USD 3.27 Billion in 2020 and is projected to reach USD 4.68 Billion by 2028, growing at a CAGR of 5.23% from 2021 to 2028.


Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=18681

Browse in-depth TOC on "Lithium Mining Market"

202 - Pages
126 – Tables
37 – Figures

Global Lithium Mining Market Overview

Lithium is one of the chemical elements with multi industrial uses in the advanced product manufacturing for the electronics, automobiles as well as healthcare sector. Since, it can be used in various grease lubricants, medicines, lithium ion batteries and many others. Out of the global lithium availability, Chile has the major lithium reserve followed by Australia, Argentina and China.

Growth in the use of lithium in air treatment applications is a key driver for the global lithium market. Lithium is used in cooling, dehumidification, and air regeneration applications. Shopping malls, hospitals, and other institutional facilities often employ absorption chillers as their source of air conditioning. Lithium chloride is used for dehumidification purposes. Large areas, which must operate without humidity use lithium chloride to absorb moisture. The demand for lithium for air regeneration applications is also increasing. Space vehicles, submarines & miners, safety devices, etc., hold systems to remove carbon dioxide from the human exhaust.

Increase in use of lithium in air treatment applications is a major driver for the global lithium market. Lithium is used in cooling, dehumidification, and air regeneration applications. Shopping malls, hospitals, and other institutional facilities often employ absorption chillers as their source of air conditioning.

Key Players

The major key players in the market are Jiangxi Ganfeng Lithium Albemarle, Tianqi Lithium, Sociedad Quimica y Minera, Mineral Resources Limited, Sichuan Yahua Industrial Group Co Limited, Livent Corporation, Lithium Americas, Pilbara Minerals ltd., Savannah Resources, Bacanora Lithium, Piedmont Lithium ltd, Galaxy Resources ltd, Orocobre Ltd, Youngy Corporation Ltd.

Verified Market Research has segmented the Global Lithium Mining Market On the basis of Product, Application, and Geography.

  • Lithium Mining Market, By Product

  • Lithium Mining Market, By Application

  • Lithium Mining Market by Geography

Browse Related Reports:

Industrial Battery Market By Technology (Lithium-ion Battery, Lead-acid Battery), By Application (Forklift, Telecom, UPS, By Geography, Forecast, 2020-2027

Lithium-Ion Battery Separator Market By Material (Nylon, Polyethylene (PE), Polypropylene (PP), and Others), By Temperature (10 °C – 25 °C and 130 °C – 135 °C), By End-User (Industrial, Consumer Electronics, Automotive, and Others), By Geography, Forecast, 2020-2027

Lithium-Ion Battery Market By Type (Lithium Cobalt Oxide (LCO), Lithium Iron Phosphate (LFP), Lithium Nickel Manganese Cobalt (LI-NMC), Lithium Titanate Oxide (LTO), and Others), By Power Capacity (0 TO 3,000 mAH, 3,000 TO 10,000 mAH, 10,000 TO 60,000 mAH, and More Than 60,000 mAH), By Industry (Marine, Energy and Power, Consumer Electronics, Automotive, Aerospace and Defense, and Others), By Geography, Forecast, 2020-2027

Lithium-Metal-Polymer (LMP) Battery Market By Type (Polymer-Based Lithium Solid-State Battery and Lithium Solid-State Battery with Inorganic Solid Electrolytes), By Application (Consumer Electronics, Electric vehicles, Aerospace, Others), By Geography, Forecast, 2020-2027

Best EV battery manufacturers pulling off decarbonization and renewable energy goals

Visualize Lithium Mining Market using Verified Market Intelligence:-:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SME's offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.

Contact Us
Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
UK: +44 (753)-715-0008
APAC: +61 (488)-85-9400
US Toll Free: +1 (800)-782-1768
Email: sales@verifiedmarketresearch.com
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter


View original content:https://www.prnewswire.com/news-releases/lithium-mining-market-size-worth--4-68-billion-globally-by-2028-at-5-23-cagr-verified-market-research-301388863.html

SOURCE Verified Market Research