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

The use of lithium in medical and pharmaceutical operations ultimately intensified the need for lithium mining, increasing advancements in electronic automobiles will further propel the demand for lithium during the forecast period.

JERSEY CITY, NJ, September 30, 2021 / PRNewswire / – Verified Market Research recently published a report, “Lithium mining marketBy 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 assessed To $ 3.27 billion in 2020 and should reach $ 4.68 billion by 2028, with a CAGR of 5.23% from 2021 to 2028.

Verified_Market_Research_Logo

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

Browse the table of contents in depth toLithium mining market

202 – Slips
126 – Tables
37 – Figures

Global Lithium Mining Market Overview

Lithium is one of the chemical elements with multi-industrial uses in the manufacture of advanced products for electronics, automobiles and the health sector. Since then, it can be used in various grease lubricants, drugs, lithium-ion batteries and many more. On the global availability of lithium, Chile has the main lithium reserve followed by Australia, Argentina and China.

The growth in the use of lithium in air handling 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 use absorption chillers as a source of air conditioning. Lithium chloride is used for dehumidification purposes. Large surfaces, which must operate without moisture, use lithium chloride to absorb moisture. The demand for lithium for air regeneration applications is also increasing. Space vehicles, submarines and miners, safety devices, etc., contain systems to remove carbon dioxide from human exhaust gases.

The increase in the use of lithium in air handling 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 use absorption chillers as a source of air conditioning.

Key players

The main 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 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, et al), by geography, forecast, 2020-2027

Lithium-Ion Battery Market By type (lithium-cobalt oxide (LCO), lithium iron phosphate (LFP), lithium-nickel and cobalt-manganese (LI-NMC), lithium-titanium oxide (LTO) and others), by power capacity (0 at 3,000 mAH, 3,000 to 10,000 mAh, 10,000 to 60,000 mAh and over 60,000 mAh), by industry (marine, energy and energy, consumer electronics, automotive, aerospace and defense, and others), by geography, forecast, 2020-2027

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

Best EV Battery Manufacturers achieve decarbonisation and renewable energy targets

Visualize the Lithium Mining Market Using Verified Market Intelligence: -:

Verified market intelligence is our BI compatible platform for the narrative storytelling of this market. VMI offers detailed trends and accurate information on over 20,000 emerging and niche markets, helping you make critical decisions impacting revenue for a bright future.

VMI provides a holistic overview and global competitive landscape with regard to region, country and segment, and key players in your market. Present your market report and findings with a built-in presentation function, saving over 70% of your time and resources for investor arguments, sales and marketing, R&D and product development. VMI enables data delivery in interactive Excel and PDF formats with over 15+ key market indicators for your market.

About Us

Verified Market Research is a leading global research and advisory firm serving more than 5,000 clients. Verified Market Research provides advanced analytical research solutions while delivering insightful research studies. We provide insight into strategic and growth analyzes, the data needed to achieve business goals, and critical revenue decisions.

Our 250 analysts and SMEs offer a high level of expertise in data collection and governance using industry 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 over 14 categories of Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Power & Energy, Healthcare, Pharmaceuticals , automotive and transport, information and communication technology, software and services, information security, mining, minerals and metals, building & construction, agricultural industry and medical devices from more than 100 countries.

Contact us
Sir. Edwyne Fernandes
Verified Market Research®
United States: +1 (650) -781-480
UK: +44 (753) -715-0008
APAC: +61 (488) -85-9400
US Toll Free: +1 (800) -782-1768
Email: [email protected]
The Web: https://www.verifiedmarketresearch.com/
Follow us: LinkedIn | Twitter

Cision

Cision

Show 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



Source link

Comments are closed.