Market Overview:
The global alkali metals market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for alkali metals in various applications such as pesticides, alloy, pharmaceutical & intermediate, battery and others. In terms of type, lithium held the largest share of the global alkali metals market in 2017 and is projected to grow at a CAGR of 6.1% during the forecast period from 2018 to 2030. Sodium was second-largest type segment in 2017 and is projected grow at a CAGR of 5%. Potassium was third-largest type segment in 2017 and is projected grow at a CAGR 4%.
Product Definition:
Alkali Metals are a group of elements in the periodic table that include lithium, sodium, potassium, rubidium, cesium and francium. These elements are all highly reactive and have one electron in their outermost shells. They are important for creating compounds such as salt and baking soda.
Lithium(Li):
Li is a metallic element, which was first discovered in 1803 by the English scientist William Hyde Wollaston. It is produced on earth, however; some of the lithium is extracted from mineral sources including lutetium and yttrium. Lithium occurs naturally as well as it can be manufactured through electrolysis of silicones (polymers) obtained from crude oil.
Sodium (Na):
Sodium is a chemical element which has the symbol Na and atomic number 11. It is a soft, silvery-white metal that readily reacts with the atmosphere. Sodium was first discovered in 1803 by the Swiss physician and astronomer Johann Tobias Richter.
Application Insights:
The application segment includes pesticides, alloy, pharmaceutical & intermediate, battery, and others. The demand for alkali metals in the industry is witnessing a paradigm shift due to rising environmental concerns coupled with increasing technological advancements in farming equipment. The use of alkali metal compounds as fertilizer has been a practice since the dawn of agriculture and this trend is expected to continue over the forecast period owing to their low cost and high effectiveness.
Pesticides are one of the key applications where these metals find application as they help enhance plant health by improving soil quality which increases crop yield. Increasing awareness among farmers regarding improved crop production coupled with government support for promoting organic farming techniques is expected to drive market growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness a CAGR of XX% from 2018 to 2030. Increasing demand for batteries and growing industrialization are key factors driving the regional market growth. China, India, Japan, South Korea and Taiwan are major manufacturers of batteries due to low manufacturing cost coupled with easy availability of raw materials such as lithium and sodium carbonate.
North America is projected to be one of the fastest-growing regions during the forecast period owing to rising demand for alkali metals from various end-use industries such as agriculture & food processing, pharmaceuticals & biotechnology, detergents & sanitizers on account of their high pH value (alkaline). Moreover North America has witnessed an increase in consumption rates for pesticides which further drives product demand in this region.
Growth Factors:
- Increasing demand from the electronics and electrical industry for alkali metals as a result of the growth in these industries.
- Growing demand for clean energy sources, such as batteries and solar panels, which use alkali metals.
- Increasing investment in research and development for new applications of alkali metals, such as in medical technology and aerospace engineering.
- Rising prices of raw materials used to produce alkali metals, resulting in increased profits for producers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Alkali Metals Market Research Report
By Type
Lithium(Li), Sodium (Na), Potassium(K), Rubidium (Rb), Cesium(Cs), Francium (Fr)
By Application
Pesticides, Alloy, Pharmaceutical & Intermediate, Battery, Others
By Companies
GanFeng, CNNC Jianzhong, FMC, Rockwood, Hongwei Lithium, Novosibirsk, CEL, Tianqi Lithium, Limin Chemical, AMVAC, GanFeng, Tessenderlo Kerley, Eastman, ADAMA Agricultural, Balchem Corporation, Shenyang Harvest Agrochemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Alkali Metals Market Report Segments:
The global Alkali Metals market is segmented on the basis of:
Types
Lithium(Li), Sodium (Na), Potassium(K), Rubidium (Rb), Cesium(Cs), Francium (Fr)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pesticides, Alloy, Pharmaceutical & Intermediate, Battery, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GanFeng
- CNNC Jianzhong
- FMC
- Rockwood
- Hongwei Lithium
- Novosibirsk
- CEL
- Tianqi Lithium
- Limin Chemical
- AMVAC
- GanFeng
- Tessenderlo Kerley
- Eastman
- ADAMA Agricultural
- Balchem Corporation
- Shenyang Harvest Agrochemical
Highlights of The Alkali Metals Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Lithium(Li)
- Sodium (Na)
- Potassium(K)
- Rubidium (Rb)
- Cesium(Cs)
- Francium (Fr)
- By Application:
- Pesticides
- Alloy
- Pharmaceutical & Intermediate
- Battery
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Alkali Metals Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Alkali metals are a group of elements that include lithium, sodium, potassium and magnesium. These elements are found in nature in combination with other elements, but they can also be produced by humans. Alkali metals have a high reactivity and are often used in industrial processes because of their ability to dissolve many substances.
Some of the major players in the alkali metals market are GanFeng, CNNC Jianzhong, FMC, Rockwood, Hongwei Lithium, Novosibirsk, CEL, Tianqi Lithium, Limin Chemical, AMVAC, GanFeng, Tessenderlo Kerley, Eastman, ADAMA Agricultural, Balchem Corporation, Shenyang Harvest Agrochemical.
The alkali metals market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Alkali Metals Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Alkali Metals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Alkali Metals Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Alkali Metals Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Alkali Metals Market Size & Forecast, 2018-2028
4.5.1 Alkali Metals Market Size and Y-o-Y Growth
4.5.2 Alkali Metals Market Absolute $ Opportunity
Chapter 5 Global Alkali Metals Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Alkali Metals Market Size Forecast by Type
5.2.1 Lithium(Li)
5.2.2 Sodium (Na)
5.2.3 Potassium(K)
5.2.4 Rubidium (Rb)
5.2.5 Cesium(Cs)
5.2.6 Francium (Fr)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Alkali Metals Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Alkali Metals Market Size Forecast by Applications
6.2.1 Pesticides
6.2.2 Alloy
6.2.3 Pharmaceutical & Intermediate
6.2.4 Battery
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Alkali Metals Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Alkali Metals Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Alkali Metals Analysis and Forecast
9.1 Introduction
9.2 North America Alkali Metals Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Alkali Metals Market Size Forecast by Type
9.6.1 Lithium(Li)
9.6.2 Sodium (Na)
9.6.3 Potassium(K)
9.6.4 Rubidium (Rb)
9.6.5 Cesium(Cs)
9.6.6 Francium (Fr)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Alkali Metals Market Size Forecast by Applications
9.10.1 Pesticides
9.10.2 Alloy
9.10.3 Pharmaceutical & Intermediate
9.10.4 Battery
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Alkali Metals Analysis and Forecast
10.1 Introduction
10.2 Europe Alkali Metals Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Alkali Metals Market Size Forecast by Type
10.6.1 Lithium(Li)
10.6.2 Sodium (Na)
10.6.3 Potassium(K)
10.6.4 Rubidium (Rb)
10.6.5 Cesium(Cs)
10.6.6 Francium (Fr)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Alkali Metals Market Size Forecast by Applications
10.10.1 Pesticides
10.10.2 Alloy
10.10.3 Pharmaceutical & Intermediate
10.10.4 Battery
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Alkali Metals Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Alkali Metals Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Alkali Metals Market Size Forecast by Type
11.6.1 Lithium(Li)
11.6.2 Sodium (Na)
11.6.3 Potassium(K)
11.6.4 Rubidium (Rb)
11.6.5 Cesium(Cs)
11.6.6 Francium (Fr)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Alkali Metals Market Size Forecast by Applications
11.10.1 Pesticides
11.10.2 Alloy
11.10.3 Pharmaceutical & Intermediate
11.10.4 Battery
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Alkali Metals Analysis and Forecast
12.1 Introduction
12.2 Latin America Alkali Metals Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Alkali Metals Market Size Forecast by Type
12.6.1 Lithium(Li)
12.6.2 Sodium (Na)
12.6.3 Potassium(K)
12.6.4 Rubidium (Rb)
12.6.5 Cesium(Cs)
12.6.6 Francium (Fr)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Alkali Metals Market Size Forecast by Applications
12.10.1 Pesticides
12.10.2 Alloy
12.10.3 Pharmaceutical & Intermediate
12.10.4 Battery
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Alkali Metals Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Alkali Metals Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Alkali Metals Market Size Forecast by Type
13.6.1 Lithium(Li)
13.6.2 Sodium (Na)
13.6.3 Potassium(K)
13.6.4 Rubidium (Rb)
13.6.5 Cesium(Cs)
13.6.6 Francium (Fr)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Alkali Metals Market Size Forecast by Applications
13.10.1 Pesticides
13.10.2 Alloy
13.10.3 Pharmaceutical & Intermediate
13.10.4 Battery
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Alkali Metals Market: Competitive Dashboard
14.2 Global Alkali Metals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GanFeng
14.3.2 CNNC Jianzhong
14.3.3 FMC
14.3.4 Rockwood
14.3.5 Hongwei Lithium
14.3.6 Novosibirsk
14.3.7 CEL
14.3.8 Tianqi Lithium
14.3.9 Limin Chemical
14.3.10 AMVAC
14.3.11 GanFeng
14.3.12 Tessenderlo Kerley
14.3.13 Eastman
14.3.14 ADAMA Agricultural
14.3.15 Balchem Corporation
14.3.16 Shenyang Harvest Agrochemical
