Chemical & Materials

Lithium carbonate is one of the key materials used in the manufacture of Li-ion electric vehicle batteries, an industry that has grown rapidly over the years. This growing demand proportionally boosted manufacturers’ revenues during the historical period until the Chinese government proposed landslide measures to cut EV subsidies, adversely affecting demand for lithium carbonate in EV applications. For years, there has been constant demand from pharmaceutical manufacturers. These factors will all impel the growth of Lithium Carbonate Market steadily up to the Medium Term Forecast Period, 2020-2030. Key insights from the Lithium Carbonate market study The global lithium carbonate market is expected to generate around USD 3.9 billion in value creation opportunity during the forecast period. The application of Li-ion battery is expected to dominate the market revenue in 2020 and is expected to gain 700 BPS market share by 2030 from 2020. The pharmaceutical segment is expected to lose around 150 BPS during the forecast period 2020-2030. East Asia holds a leading share of the global lithium carbonate market, with China providing much of the market demand. The COVID-19 pandemic has hit most industries around the world. The main end-use industries of lithium carbonate are automotive and pharmaceutical, which are also affected by lockdowns and various restrictions, leading to a decline in demand for lithium carbonate in 2020. Lithium Carbonate Market Segmentation Fact.MR has studied the Lithium Carbonate market with detailed segmentation by purity, grade, application and key regions. purity 98,5 % – 99,4 % 99,5 % – 99,8 % 99,9 % Grad High purity Battery pharmacy application Li-ion batteries Glass & Ceramics cement manufacture aluminum production pharmaceutical industry Others Region North America Europa East Asia South Asia & Oceania rest of the world Lithium Carbonate Market Manufacturers: Key Strategies The global lithium carbonate market is highly consolidated in nature. The big three of the market – SQM, Albemarle, and Livent (divested company from FMC) are key market players accounting for more than 70% of the global supply of lithium carbonate. The market has high entry barriers, owing to difficult access to lithium mines and the high cost of production.

Lithium Carbonate Market Is Expected To Grow At A CAGR Of Around 11% Through 2030

August 10, 2022 - by admin - Leave a Comment

Lithium carbonate is one of the key materials used in the manufacture of Li-ion electric vehicle batteries, an industry that has grown rapidly over the years. This growing demand proportionally boosted …

Chemical & Materials

Global Packaging Nets Market Size Is Predicted To Grow At A Healthy CAGR Of More Than 4% Over 2030

August 9, 2022 - by admin - Leave a Comment

Packaging nets are used as packages for a number of products depending upon the size and characteristics. Packaging nets are highly customizable and are used in various industries such as …

Chemical & Materials

Demand For Iron Ore Pellets Is Anticipated To Increase At A CAGR Of 4.3% By 2031

August 8, 2022 - by admin - Leave a Comment

According to a recent study by Fact.MR on iron ore pellets, the market is estimated to be valued at US$ 48 Bn in 2021 and is expected to expand at …

Chemical & Materials

Global Microfiber Synthetic Leather Market Is Expected To Grow With A CAGR Of 4.9% By 2031

August 6, 2022 - by admin - Leave a Comment

This latest Fact.MR report states that global microfiber synthetic leather market is expanding fast and is expected to attain a rate of 4.9% CAGR growth for the forecast period 2017-2026. …

Chemical & Materials

Cyclopentane As A Foaming Agent Is Expected To Boost Market Valuation To Over Us $ 700 Million By 2031

August 6, 2022 - by admin - Leave a Comment

The latest research report published by Fact.MR on cyclopentane market research aims to provide reliable data on the various key factors that shape the growth curve and outlook for the …

Chemical & Materials

Stone Paper Market Is Estimated To Grow 1.8x By The End Of 2031

August 4, 2022 - by admin - Leave a Comment

According to a recently published report by Fact.MR, market research and competitive intelligence provider, the stone paper market is anticipated to reach a valuation of US$ 757 Mn in 2021, …

Chemical & Materials

Electronic Grade Hydrogen Peroxide Market Is Forecast To Expand At An Annual Growth Rate Of 4.6% By 2029

August 3, 2022 - by admin - Leave a Comment

Increased fab capacity and processed silicon wafer surface area has driven the consumption of IC (integrated circuit) process chemicals and the scenario is projected to continue due to new emerging …

Chemical & Materials

Global Propylene Glycol Market To Record An Expansion Rate Of Over 5% By 2027

August 2, 2022 - by admin - Leave a Comment

The following report provides forecast and analysis of the global propylene glycol market along with the historical data of 2013, estimated data 2019 and forecast data up to 2027 in terms …

Chemical & Materials

Lupus Suppressant Hydroxychloroquine To Expand At A CAGR Of 4.5% During The Forecast Period 2022-2032

August 2, 2022 - by admin - Leave a Comment

In the wake of the worsening coronavirus pandemic, hydroxychloroquine has been touted as a key drug in the treatment and eradication of COVID-19. As a result, the demand for hydroxychloroquine …

Chemical & Materials

Pharmaceutical Coenzyme Q10 Applications Stay Dominant, Surging At 7% CAGR By 2031

July 29, 2022 - by admin - Leave a Comment

Fact.MR predicts the sales of coenzyme Q10 market to exceed US$ 1.3 Bn by registering a CAGR of 8% in the forecast period 2021-2031. Increase in awareness regarding health and …

Lithium Carbonate Market Is Expected To Grow At A CAGR Of Around 11% Through 2030

Global Packaging Nets Market Size Is Predicted To Grow At A Healthy CAGR Of More Than 4% Over 2030

Demand For Iron Ore Pellets Is Anticipated To Increase At A CAGR Of 4.3% By 2031

Global Microfiber Synthetic Leather Market Is Expected To Grow With A CAGR Of 4.9% By 2031

Cyclopentane As A Foaming Agent Is Expected To Boost Market Valuation To Over Us $ 700 Million By 2031

Stone Paper Market Is Estimated To Grow 1.8x By The End Of 2031

Electronic Grade Hydrogen Peroxide Market Is Forecast To Expand At An Annual Growth Rate Of 4.6% By 2029

Global Propylene Glycol Market To Record An Expansion Rate Of Over 5% By 2027

Lupus Suppressant Hydroxychloroquine To Expand At A CAGR Of 4.5% During The Forecast Period 2022-2032

Pharmaceutical Coenzyme Q10 Applications Stay Dominant, Surging At 7% CAGR By 2031

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