Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Lithium Metal Market by Type (Salt Lake Brine, Lithium Ore), By Application (Alloy, Pharmaceutical & Intermediate, Battery, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Lithium Metal Market by Type (Salt Lake Brine, Lithium Ore), By Application (Alloy, Pharmaceutical & Intermediate, Battery, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 131647 3300 Chemical & Material 377 249 Pages 4.8 (40)

Market Overview:

The global lithium metal market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for lithium metal in various applications such as alloy, pharmaceutical & intermediate, battery and others. Lithium ore is the most commonly used type of lithium metal and it accounted for a majority share of the global market in 2017. However, salt lake brine is expected to grow at a higher CAGR during the forecast period owing to its growing demand from battery manufacturers. North America was the largest regional market for lithium metal in 2017 and it is expected to maintain its dominance during the forecast period.

Global Lithium Metal Industry Outlook

Product Definition:

A soft, silver-white metal that is the lightest of all metals and has the lowest melting point. It is used in batteries, psychiatric drugs, and nuclear reactors.

Salt Lake Brine:

Salt Lake Brine is a solution of sodium chloride (NaCl) and calcium sulfate. It's an industrial by-product obtained during the processing of brine from oilfields. The solution has high concentration of salt and calcium sulfate, which are used as de-icing materials during snow removal operations in roads and highways.

Lithium Ore:

Lithium is a chemical element produced by the process of mineralization. It is the lightest of all metals and has a atomic number 3. The lithium present in the earth's crust is found in combination with other elements such as potassium, sodium, magnesium, and calcium. Lithium occurs naturally as well as can be extracted from minerals including monazite and bastnaesite.

Application Insights:

The battery application segment led the market and accounted for more than 45% of the global revenue share in 2017. The growing demand for electric vehicles is expected to have a positive impact on the lithium metal market over the forecast period. Increasing investments by governments in promoting electric vehicle production are also likely to benefit industry growth over the coming years.

The other applications include energy storage, glass, and others such as fertilizers and steel making materials. The increasing use of lithium metal products in glass manufacturing is expected to drive product demand from 2018 to 2030 on account of rising consumption in windows and skylights applications at a CAGR of XX%.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a growing demand for lithium-ion batteries, which is likely to propel industry growth. China accounted for more than half of global production owing to low manufacturing cost coupled with availability of cheap labor and raw materials.

The European market was valued at USD X million in 2017 and is projected to witness significant growth over the forecast period on account of increasing R&D activities related to battery energy storage systems (ESS) along with rising electric vehicles sales in countries such as Germany, France, Italy and Russia. In addition Lithium-ion battery manufacturers are setting up their plants near Aalborg University in Denmark due Lithium being an abundant mineral resource there unlike other major components such as cobalt that are only found in few places worldwide thus making it an ideal spot for ESS cell manufacturers looking forward long term contracts from OEMs & ODM companies.

Growth Factors:

  • Increasing demand for electric vehicles: The global lithium-ion battery market is expected to grow at a CAGR of more than 20% from 2016 to 2020. This is mainly due to the increasing demand for electric vehicles (EVs). Lithium-ion batteries are used in EVs as they offer high energy density, long life, and fast charging capability.
  • Growing use of lithium in consumer electronics: Lithium is also used in consumer electronics such as laptops, tablets, smartphones, and digital cameras. It helps improve the performance of these devices by providing high power and longer run times.
  • Rising demand from the grid storage market: Grid storage refers to the storage of electrical energy by utilities for later use in order to meet peak load demands or provide backup power during outages. The global grid storage market is expected to grow at a CAGR of more than 30% from 2016 to 2020 owing to the increasing need for reliable and efficient electricity supply worldwide. Lithium-ion batteries are increasingly being used for grid storage applications due their high energy density and long life cycle..

Scope Of The Report

Report Attributes

Report Details

Report Title

Lithium Metal Market Research Report

By Type

Salt Lake Brine, Lithium Ore

By Application

Alloy, Pharmaceutical & Intermediate, Battery, Others

By Companies

GanFeng, CNNC Jianzhong, FMC, Rockwood, Hongwei Lithium, Novosibirsk, CEL, Tianqi Lithium

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Lithium Metal Market Report Segments:

The global Lithium Metal market is segmented on the basis of:


Salt Lake Brine, Lithium Ore

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.


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:

  1. GanFeng
  2. CNNC Jianzhong
  3. FMC
  4. Rockwood
  5. Hongwei Lithium
  6. Novosibirsk
  7. CEL
  8. Tianqi Lithium

Global Lithium Metal Market Overview

Highlights of The Lithium Metal Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Salt Lake Brine
    2. Lithium Ore
  1. By Application:

    1. Alloy
    2. Pharmaceutical & Intermediate
    3. Battery
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Lithium Metal 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.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Lithium Metal Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Lithium metal is a soft, silver-white metal that is found in small amounts in nature. It has the chemical symbol Li and atomic number 3. Lithium is used in batteries, light bulbs, and other electronic devices.

Some of the major companies in the lithium metal market are GanFeng, CNNC Jianzhong, FMC, Rockwood, Hongwei Lithium, Novosibirsk, CEL, Tianqi Lithium.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Lithium Metal Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Lithium Metal Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Lithium Metal Market - Supply Chain
   4.5. Global Lithium Metal Market Forecast
      4.5.1. Lithium Metal Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Lithium Metal Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Lithium Metal Market Absolute $ Opportunity

5. Global Lithium Metal Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Lithium Metal Market Size and Volume Forecast by Type
      5.3.1. Salt Lake Brine
      5.3.2. Lithium Ore
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Lithium Metal Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Lithium Metal Market Size and Volume Forecast by Application
      6.3.1. Alloy
      6.3.2. Pharmaceutical & Intermediate
      6.3.3. Battery
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Lithium Metal Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Lithium Metal Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Lithium Metal Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Lithium Metal Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Lithium Metal Demand Share Forecast, 2019-2029

9. North America Lithium Metal Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Lithium Metal Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Lithium Metal Market Size and Volume Forecast by Application
      9.4.1. Alloy
      9.4.2. Pharmaceutical & Intermediate
      9.4.3. Battery
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Lithium Metal Market Size and Volume Forecast by Type
      9.7.1. Salt Lake Brine
      9.7.2. Lithium Ore
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Lithium Metal Demand Share Forecast, 2019-2029

10. Latin America Lithium Metal Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Lithium Metal Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Lithium Metal Market Size and Volume Forecast by Application
      10.4.1. Alloy
      10.4.2. Pharmaceutical & Intermediate
      10.4.3. Battery
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Lithium Metal Market Size and Volume Forecast by Type
      10.7.1. Salt Lake Brine
      10.7.2. Lithium Ore
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Lithium Metal Demand Share Forecast, 2019-2029

11. Europe Lithium Metal Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Lithium Metal Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Lithium Metal Market Size and Volume Forecast by Application
      11.4.1. Alloy
      11.4.2. Pharmaceutical & Intermediate
      11.4.3. Battery
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Lithium Metal Market Size and Volume Forecast by Type
      11.7.1. Salt Lake Brine
      11.7.2. Lithium Ore
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractivenes/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Lithium Metal Demand Share, 2019-2029

12. Asia Pacific Lithium Metal Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Lithium Metal Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Lithium Metal Market Size and Volume Forecast by Application
      12.4.1. Alloy
      12.4.2. Pharmaceutical & Intermediate
      12.4.3. Battery
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Lithium Metal Market Size and Volume Forecast by Type
      12.7.1. Salt Lake Brine
      12.7.2. Lithium Ore
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Lithium Metal Demand Share, 2019-2029

13. Middle East & Africa Lithium Metal Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Lithium Metal Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Lithium Metal Market Size and Volume Forecast by Application
      13.4.1. Alloy
      13.4.2. Pharmaceutical & Intermediate
      13.4.3. Battery
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Lithium Metal Market Size and Volume Forecast by Type
      13.7.1. Salt Lake Brine
      13.7.2. Lithium Ore
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Lithium Metal Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Lithium Metal Market: Market Share Analysis
   14.2. Lithium Metal Distributors and Customers
   14.3. Lithium Metal Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. GanFeng Overview Financials Developments Strategic Outlook
      14.4.2. CNNC Jianzhong Overview Financials Developments Strategic Outlook
      14.4.3. FMC Overview Financials Developments Strategic Outlook
      14.4.4. Rockwood Overview Financials Developments Strategic Outlook
      14.4.5. Hongwei Lithium Overview Financials Developments Strategic Outlook
      14.4.6. Novosibirsk Overview Financials Developments Strategic Outlook
      14.4.7. CEL Overview Financials Developments Strategic Outlook
      14.4.8. Tianqi Lithium Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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