Global lithium mining market size was USD 3.33 Billion in 2020 and is expected to register a revenue CAGR of 6.8%, during the forecast period, according to latest analysis by Emergen Research. Rising demand for consumer electronics products and increasing use of lithium-ion batteries in grid-scale energy storage systems are among some of the key factors driving market revenue growth. Increasing focus on Research & Development (R&D) of advanced technologies in mining process is expected to boost revenue growth of the market to a significant extent. Several universities are focusing on research for developing newer technology to assist in lithium extraction. For instance, Researchers team from Monash University, Australia, The Commonwealth Scientific and Industrial Research Organisation (CSIRO), the University of Texas at Austin, and the University of Melbourne have developed an innovative filtering technology for extracting lithium ions from brine. This innovative filtering technology has a higher recovery rate over present mining methods and reduces the mining procedure time down to just a few hours from several months to years in present lithium mining. This new way to mine lithium substantially decrease lithium prices for Electric Vehicle (EV) batteries and stationary energy storage systems, providing opportunities for energy transition and electric mobility.

The Lithium Mining market report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed in the report are:

Jiangxi Ganfeng Lithium Co., Ltd., Albemarle Corporation, Tianqi Lithium Corp., SQM S.A. (Sociedad Química y Minera), Pilbara Minerals Limited, Livent Corporation, Orocobre Limited Pty Ltd., Mineral Resources Limited, Lithium Americas Corporation, and Piedmont Lithium, Inc

Research Report on the Lithium Mining Market Addresses the Following Key Questions:

• Who are the dominant players of the Lithium Mining market?
• Which regional market is anticipated to have a high growth rate over the projected period?
• What consumer trends and demands are expected to influence the operations of the market players in the Lithium Mining market?
• What are the key growth drivers and restraining factors of the Lithium Mining market?
• What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
• What is the overall impact of the COVID-19 pandemic on the Lithium Mining market and its key segments?

Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/lithium-mining-market

Emergen Research has segmented the global Lithium Mining market on the basis of type, type of care, and region

Segments Covered in this report are:

• Type Outlook (Revenue, USD Billion, Volume, Kilotons; 2018–2030)

  • Lithium Hydroxide
  • Lithium Carbonate
  • Lithium Chloride
  • Lithium Concentrate

• Source Outlook (Revenue, USD Billion, Volume, Kilotons; 2018–2030)

  • Hard Rock
  • Brine
  • Others

• End-use Outlook (Revenue, USD Billion, Volume, Kilotons; 2018–2030)

  • Flux Powder
  • Polymers
  • Batteries
  • Refrigeration
  • Air Conditioning Equipment
  • Glass & Ceramics (Frits)
  • Grease & Lubricants
  • Pharmaceutical
  • Others

In conclusion, the Lithium Mining Market report is an exhaustive database that will help readers formulate lucrative strategies. The Lithium Mining Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

How will this Report Benefit you?

A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Lithium Mining market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Lithium Mining with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.

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