[Start of Market Research Report Handling] Global Lithium Market Report 2024-2030

The lithium market size is estimated to be 6.98 billion USD in 2023, reaching 7.82 billion USD in 2024, and is projected to reach 15.57 billion USD by 2030, with a CAGR of 12.13%.
Lithium has become an essential component in various industries due to its high electrochemical potential and energy density. The applications of lithium range widely from batteries, glass and ceramics, lubricants and greases, air treatment, and polymer manufacturing to niche uses. As global attention increasingly focuses on the adoption of clean energy solutions, lithium is gaining significant support for energy storage applications in grid-connected systems. The ongoing shift towards sustainable transportation solutions and government incentives promoting the adoption of green technologies are driving the increased use of lithium worldwide. However, the rising environmental issues associated with lithium mining, such as water scarcity and habitat destruction, also pose threats to the market's sustainable growth.
■Issued by
360iResearch

Inquiry about this news
Contact Us OnlineMore Details & Registration
Details & Registration