Apr 19, 2019   SOURCE: BusinessWire

Global Lithium Carbonate Market Outlook, 2019 to 2023 - Increasing Demand for Lithium-Ion Batteries to Spur Market Growth - ResearchAndMarkets.com

The "Global Lithium Carbonate Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The lithium carbonate market will register a CAGR of 11% by 2023.

The increasing demand for lithium-ion batteries will trigger the lithium carbonate market growth in the forthcoming years. Lithium carbonate is increasingly being used to produce cathode materials for lithium-ion batteries, which are often used in a wide range of lithium-ion plug-in vehicles.

Lithium-ion batteries are gaining prominence as one of the fastest-growing batteries in the global EVs market. As a result, the rising use of lithium-ion batteries for EVs is further expected to accelerate the global lithium carbonate market growth in the forthcoming years.

The increasing use of lithium carbonate for numerous applications

One of the growth drivers of the global lithium carbonate market is the increasing use of lithium carbonate for numerous applications. The increasing use of lithium-ion batteries in portable electronic devices is driving the demand for lithium carbonate from the electronics and electrical industry.

Toxicity of lithium carbonate

One of the challenges in the growth of the global lithium carbonate market is the toxicity of lithium carbonate. The toxic effects of lithium carbonate will hamper the growth of the global lithium carbonate market.

Competitive Landscape

The market appears to be concentrated and with the presence of a few market players. Several automotive manufacturers are focusing on partnerships with battery manufacturers to expand their production facilities for EV batteries.

This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Players

  • Albemarle Corporation
  • International Lithium Corp.
  • Livent
  • Orocobre Limited Pty. Ltd.
  • SQM S.A.
  • Tianqi Lithium Corporation

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Comparison by application
  • Batteries - Market size and forecast 2018-2023
  • Ceramics and glass - Market size and forecast 2018-2023
  • Cement and aluminum - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DRIVERS AND CHALLENGES

PART 10: MARKET TRENDS

  • Rise in number of partnerships
  • Capacity expansions to accelerate market growth
  • Growing use of renewable energy

PART 11: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 12: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Albemarle Corporation
  • International Lithium Corp.
  • Livent
  • Orocobre Limited Pty. Ltd.
  • SQM S.A.
  • Tianqi Lithium Corporation

For more information about this report visit https://www.researchandmarkets.com/r/ey50l6