세계 리튬 시장 규모는 2022년 82억 6,000만 달러에서 2023년 94억 1,000만 달러, 2031년에는 266억 5,000만 달러로 예측 기간(2024-2031년) 동안 13.9%의 CAGR로 성장할 것으로 예상됩니다.
리튬이온 배터리 시장은 주로 자동차 부문의 전동화 추세에 힘입어 큰 폭의 성장이 예상됩니다. 각국 정부가 이산화탄소 배출량을 줄이기 위해 내연기관차 제조업체에 대한 규제를 강화하면서 전기자동차(EV) 생산으로의 전환이 두드러지게 나타나고 있습니다. 이러한 전환으로 배터리 생산에 필요한 리튬 및 관련 소재의 수요가 크게 증가할 것으로 예상됩니다. 또한, 전기자동차 보급을 촉진하기 위한 정부의 인센티브와 전기자동차 산업에 대한 막대한 투자가 리튬 시장의 성장을 더욱 촉진할 것으로 예상됩니다. 자동차 제조업체들이 지속가능한 운송에 대한 환경 규제 및 소비자 선호와 전략을 일치시킴에 따라 리튬이온 배터리의 자동차 응용 분야는 예측 기간 동안 크게 확대될 것으로 예상되며, 리튬 공급망 제조업체와 투자자 모두에게 매우 중요한 시기를 맞이하고 있습니다. 이러한 규제적 지원, 시장 수요, 투자 활동의 수렴으로 리튬이온 배터리 시장은 지속가능한 모빌리티와 탄소발자국 감소를 위한 큰 흐름에서 중요한 역할을 할 것으로 보입니다.
Global Lithium Market size was valued at USD 8.26 billion in 2022 and is poised to grow from USD 9.41 billion in 2023 to USD 26.65 billion by 2031, growing at a CAGR of 13.9% during the forecast period (2024-2031).
The lithium-ion battery market is poised for substantial growth, primarily fueled by the ongoing electrification of the automotive sector. As governments enforce stringent regulations on internal combustion engine (ICE) manufacturers to curb carbon dioxide emissions, there is a marked shift towards electric vehicle (EV) production. This transition is anticipated to significantly increase the demand for lithium and related materials required for battery production. Additionally, government incentives aimed at promoting electric vehicle adoption and substantial investments in the EV industry are further expected to catalyze the growth of the lithium market. As automakers align their strategies with environmental mandates and consumer preferences for sustainable transportation, the automotive application segment of lithium-ion batteries is projected to expand considerably throughout the forecast period, highlighting a pivotal moment for both manufacturers and investors in the lithium supply chain. This convergence of regulatory support, market demand, and investment activity positions the lithium-ion battery market as a key player in the larger trend toward sustainable mobility and a reduced carbon footprint.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Lithium market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Lithium Market Segmental Analysis
Global Lithium Market is segmented by type, source, application, end user industry and region. Based on source, the market is segmented into lithium carbonate, lithium hydroxide, lithium chloride, butyllithium and lithium metal. Based on source, the market is segmented into brine, hard rock and others. Based on application, the market is segmented into batteries (electric vehicles (EVs), consumer electronics, energy storage systems), glass & ceramics, lubricants, medical, polymers and others. Based on end user industry, the market is segmented into automotive, consumer electronics, industrial, energy, medical and others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Driver of the Global Lithium Market
The global lithium market is primarily driven by the soaring demand for lithium-ion batteries, particularly in electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs). As consumer acceptance of these eco-friendly alternatives to traditional fuel-powered vehicles rises, so does the adoption of lithium-ion batteries, a trend that is expected to persist in the coming years. This surge in electric vehicle sales can be attributed to numerous advantages, including lower maintenance costs, reduced hazardous waste, diminished pollution from fuel combustion, and ongoing advancements in battery technology. Consequently, the automotive industry and transportation networks are increasingly viewing electric vehicles as the future, intensifying the demand for lithium-ion batteries and, in turn, lithium itself.
Restraints in the Global Lithium Market
The global lithium market faces significant restraints due to the hazards associated with spent batteries, which can contain harmful substances like acids, mercury, and lead. An incident a few years ago highlighted these risks when a fire linked to lithium-based batteries resulted in the destruction of over 132,000 liters of chemicals, leading to the closure of key roads in the UK. As a result, it is crucial to store used batteries in watertight containers, away from flammable materials, and keep essential safety equipment like Class D extinguishers and sand on hand to mitigate fire risks. Moreover, since these batteries can retain a charge, there is an inherent danger of unintended discharge, potentially harming both property and individuals. Thus, all batteries should be regarded as potentially charged and handled with extreme caution.
Market Trends of the Global Lithium Market
The global lithium market is witnessing a robust upward trend, spurred by surging demand from the burgeoning lithium-ion battery sector, which supports a wide array of applications, including electric vehicles, consumer electronics, and energy storage systems. As electric and hybrid vehicles gain traction amid heightened environmental awareness, the need for high-performance batteries intensifies, driving lithium consumption. Additionally, sectors such as lubricants, glass, and ceramics are contributing to market expansion. With renewable energy initiatives and technological advancements in battery technology continuing to evolve, the outlook for lithium remains positive, positioning it as a critical component in the transition to a sustainable future.