London, UK (PRWEB) April 18, 2014
From 2007 to 2012, the world mine production of lithium minerals and brine followed a stable upward trend. In 2012, it surpassed the 664,720 tonnes mark. Meanwhile, the global mine lithium production grew at a stable rate during the same period, and in 2012, it climbed to 38,000 tonnes of Li content, growing 6.8% YoY. Argentina and Chile were the dominant producers and exporters of lithium ore materials in the world, both accounting for nearly 34.2% of the overall total supply. Meantime, China and Russia also possess rich lithium reserves, but it is currently cheaper for these countries to import lithium ore material rather than mine their own reserves.
The world lithium production is poised for stable growth in the offing, driven considerably by the lithium batteries industry. During 2013-2020, the world lithium consumption is expected to grow 9.5% YoY. By 2020, around 25% of the overall lithium production volume is expected to be supplied by the new market entrants. Furthermore, in 2016, the world production of lithium minerals and brine is forecast to reach 920,600 tonnes; while the global lithium production is anticipated to climb to 51,300 tonnes of Li content.
Comprehensive analysis and forecast of world, regional and country lithium markets can be found in the topical research study “Lithium: 2014 Market Review and Forecast” worked out by Merchant Research & Consulting and recently published by Market Publishers Ltd. The report presents a deep insight into the present situation and historical background of the market; offers future industry forecasts; grants access to cutting-edge data showing lithium capacities, production, demand trends, exports and imports statistics, and traces local price fluctuations.
Title: Lithium: 2014 Market Review and Forecast
Published: January, 2014
Price: US$ 1,190.00
The report offers an extensive examination of the global, regional and country lithium markets as well as presents important estimates of the current and historical industry performance. Moreover, the in-demand study delves deep into the lithium market climate, uncovers valuable statistics covering on lithium capacity, production/consumption and foreign trade, touches upon the recent local price changes, and throws light on the top market development trends, analyzes the key market growth drivers and resistors. The report describes the current situation in the raw materials sector, characterizes the competitive climate, contains profiles of the dominant lithium manufacturers and suppliers, encloses a brief review of the key consumers across the globe, and also gives attention to the burning industry issues. Additionally, the report identifies the future perspectives of the world, regional and country lithium market through 2018.
More insightful market research reports by the publisher can be found at Merchant Research & Consulting page.