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Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Lithium Market Research Report (2021 to 2026) - by Application, End-user and Region - ResearchAndMarkets.com

September 10, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Sep 10, 2021--

The “Lithium Market Research Report by Application, by End User, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The Global Lithium Market size was estimated at USD 4,997.86 Million in 2020 and expected to reach USD 5,577.63 Million in 2021, at a Compound Annual Growth Rate (CAGR) 11.93% to reach USD 9,832.54 Million by 2026.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Lithium Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

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4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Lithium Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Lithium Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Lithium Market?

4. What is the competitive strategic window for opportunities in the Global Lithium Market?

5. What are the technology trends and regulatory frameworks in the Global Lithium Market?

6. What is the market share of the leading vendors in the Global Lithium Market?

7. What modes and strategic moves are considered suitable for entering the Global Lithium Market?

Market Dynamics

Drivers

  • Accelerating demand for electric vehicles
  • Increasing usage and demand for lithium-ion batteries by portable consumer electronics
  • Growing demand for lithium from the glass-making industry to enhance glass melt rate and to lower the viscosity of glass

Restraints

  • Demand-supply gap in the lithium market
  • Unfavorable conditions arising due to the COVID-19 Impact

Opportunities

  • Growing R&D initiatives by different organizations & battery manufacturers
  • Rising adoption in smart grid electricity
  • Growing need for battery-operated industrial and construction equipment

Challenges

  • Product safety concerns

Companies Mentioned

  • Albemarle Corporation
  • Avalon Advanced Materials Inc.
  • Critical Elements Corporation
  • Galaxy Resources Limited
  • Ganfeng Lithium Co., Ltd.
  • Lithium Americas Corp
  • Nemaska Lithium Inc.
  • Neometals Ltd
  • Orocobre Limited Pty Ltd
  • Sayona Mining Limited

For more information about this report visit https://www.researchandmarkets.com/r/fsvobf

View source version on businesswire.com:https://www.businesswire.com/news/home/20210910005165/en/

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SOURCE: Research and Markets

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PUB: 09/10/2021 05:31 AM/DISC: 09/10/2021 05:32 AM

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