According to a market report by Lucintel, the future of the global lithium carbonate market looks promising with opportunities in the electric vehicle, pharmaceutical, cement, and glass & ceramic markets. The global lithium carbonate market is expected to grow with a CAGR of 11.4% from 2025 to 2031. The major drivers for this market are increasing demand for electric vehicles, the rising adoption of renewable energy, and the growing need for high-performance batteries.
A more than 150-page report to understand trends, opportunity and forecast in lithium carbonate market to 2031 by battery (lithium-ion batteries, lithium-metal batteries, and others), grade (battery grade, technical grade, and industrial grade), application (electric vehicles, pharmaceutical, cement, glass & ceramics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the battery category, lithium-ion battery is expected to witness higher growth over the forecast period due to the increasing demand for electric vehicles.
Within the application category, electric vehicle is expected to witness the highest growth due to the rising demand for lithium-ion batteries.
Download sample by clicking on lithium carbonate market
In terms of region, APAC is expected to witness the highest growth over the forecast period.
Albemarle, Ganfeng Lithium, SQM, Tianqi Lithium, Livent, Lithium Americas, Pilbara Minerals are the major suppliers in the lithium carbonate market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
Explore Our Latest Publications
Manned Space Services Market
Marine and Boat Batteries Market
Medical Grade Tri-Isopropanolamine Market
Medical Multi Layer Co-Extrusion Film Market
Metal Partially Covered Biliary Stent Market