水酸化リチウム市場の2030年までの予測：タイプ、用途、エンドユーザー、地域別の世界分析

Stratistics MRCによると、水酸化リチウムの世界市場は2024年に6億1,000万米ドルを占め、予測期間中のCAGRは11.22％で成長し、2030年には11億5,000万米ドルに達する見込みです。

水酸化リチウムは、リチウム、酸素、水素からなるLiOHという式の化合物です。白色の吸湿性固体で、水に非常に溶けやすいです。主にリチウムイオン電池の製造に使用される水酸化リチウムは、エネルギー密度と安定性を向上させることで、電池の性能を高めます。また、セラミック、グリース、潤滑油の重要な成分としても機能し、さまざまな産業用途に利用されています。

国際エネルギー機関（IEA）が発表した推計によると、2022年に世界で使用される電気自動車の総数は約2,590万台になると推定されています。

電気自動車（EV）の需要

水酸化リチウムは高性能リチウムイオン電池の製造に不可欠であるため、電気自動車（EV）の需要は市場の重要な促進要因です。消費者と政府が持続可能な輸送をますます優先するようになるにつれ、EV販売の急増が水酸化リチウムの消費を大幅に押し上げます。こうした需要の高まりは、リチウムの採掘と加工への投資を促し、生産能力の拡大につながります。その結果、水酸化リチウム市場は力強い成長を遂げ、よりクリーンなエネルギーへの全体的な移行を支え、化石燃料への依存を減らすことになります。こうして、市場の成長を後押ししています。

高い生産コスト

市場における高い生産コストは、成長と収益性の妨げとなる可能性があります。エネルギー費、人件費、抽出プロセスの複雑さといった要因が、こうしたコスト上昇の一因となっています。生産コストが高くなると、最終製品の価格が上昇し、電気自動車用バッテリーやその他の用途のメーカーからの需要が減少する可能性があります。さらに、高コストは市場への新規参入を阻み、市場の成長を妨げる可能性があります。

技術の進歩

電池化学と製造プロセスにおける技術進歩は、水酸化リチウム市場に大きな影響を与えています。リチウムイオン電池の設計強化やエネルギー密度の向上といった技術革新は、高純度水酸化リチウムの需要を増大させる。これらの進歩はまた、より効率的な抽出と加工技術を可能にし、生産コストと環境への影響を低減します。メーカーが最先端技術を採用するにつれて、電池の性能と寿命が向上し、電気自動車と再生可能エネルギー貯蔵ソリューションの成長をさらに促進し、最終的に水酸化リチウムの需要を押し上げ、市場の成長を促進します。

環境への懸念

リチウムの抽出と加工に伴う生態系への影響により、環境への懸念は市場に大きな影響を与えます。水の使用、生息地の破壊、採掘活動による汚染などの問題は、社会と規制当局の監視の目を向けさせる。環境規制の強化は生産者のコンプライアンス・コストの増加につながり、供給を制限して価格を引き上げる可能性があります。そのため、市場の成長が妨げられます。

COVID-19の影響：

COVID-19の大流行は当初、サプライチェーンの中断、生産の停止、自動車セクターの需要減少を通じて水酸化リチウム市場を混乱させました。しかし、経済が再開すると、電気自動車の生産と再生可能エネルギーへの取り組みが急増し、水酸化リチウム需要の回復を促しました。パンデミックはまた、持続可能な技術へのシフトを加速させ、電池技術とリサイクルへの投資を促しました。

予測期間中、産業用セグメントが最大になると予想される

様々な用途、特に電気自動車や再生可能エネルギー貯蔵用のバッテリー製造における需要により、予測期間中は産業用が最大になると予想されます。エレクトロニクスや航空宇宙などの産業も水酸化リチウムを製品に利用し、消費をさらに増加させています。製造工程がより持続可能な慣行へと進化するにつれて、高純度の水酸化リチウムの必要性が高まり、抽出・精製技術への投資につながります。

予測期間中にCAGRが最も高くなると予想されるのは潤滑油セグメントです。

潤滑剤は、リチウムの抽出と加工に使用される機械の効率と寿命を向上させるため、予測期間中に最も高いCAGRが見込まれます。高品質の潤滑剤は、機器の摩耗や損傷を減らし、ダウンタイムとメンテナンスコストを最小限に抑えます。さらに、特殊な潤滑剤はバッテリー部品の性能を向上させ、バッテリー全体の効率と寿命に貢献します。この相乗効果は、生産能力を高めるだけでなく、エネルギー貯蔵や電気自動車における水酸化リチウムの需要拡大を支えます。

最大のシェアを占める地域

北米が予測期間中最大の市場シェアを占めると予測されるのは、自動車メーカーやハイテク企業が生産を拡大し、水酸化リチウムの国内需要が急増し、採掘・加工施設への投資が促進されるからです。この成長は、雇用創出と技術革新を促進すると同時に、サプライチェーンの弾力性を高める。さらに、持続可能なエネルギー・ソリューションへの注力は環境目標に合致しており、北米はクリーン・エネルギーへの世界的移行における重要なプレーヤーとして位置づけられています。

CAGRが最も高い地域：

アジア太平洋地域は、電気自動車（EV）生産とエネルギー貯蔵ソリューションの進歩により、予測期間中に最も高いCAGRを記録すると予測されます。特に中国や日本のような国々では、電池の需要が増加するにつれて、製造能力の強化や雇用創出によって地元産業が恩恵を受ける。この成長は再生可能エネルギーへの移行を支援し、持続可能性への取り組みを促進します。さらに、リチウム資源をめぐる競合は地政学的な力学につながり、原材料確保における貿易関係や地域協力に影響を及ぼす可能性があります。

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本レポートをご購読のお客様には、以下の無料カスタマイズオプションのいずれかをご利用いただけます：

• 企業プロファイル
  • 追加市場プレイヤーの包括的プロファイリング（3社まで）
  • 主要企業のSWOT分析（3社まで）
• 地域セグメンテーション
  • 顧客の関心に応じた主要国の市場推計・予測・CAGR（注：フィージビリティチェックによる）
• 競合ベンチマーキング
  • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

• 概要
• ステークホルダー
• 調査範囲
• 調査手法
  • データマイニング
  • データ分析
  • データ検証
  • 調査アプローチ
• 調査情報源
  • 1次調査情報源
  • 2次調査情報源
  • 前提条件

第3章 市場動向分析

• 促進要因
• 抑制要因
• 機会
• 脅威
• 用途分析
• エンドユーザー分析
• 新興市場
• COVID-19の影響

第4章 ポーターのファイブフォース分析

• 供給企業の交渉力
• 買い手の交渉力
• 代替品の脅威
• 新規参入業者の脅威
• 競争企業間の敵対関係

第5章 世界の水酸化リチウム市場：タイプ別

• バッテリーグレード水酸化リチウム
• 工業用水酸化リチウム

第6章 世界の水酸化リチウム市場：用途別

• バッテリー
• 潤滑剤
• セラミックとガラス
• 空気清浄
• 化学合成
• その他の用途

第7章 世界の水酸化リチウム市場：エンドユーザー別

• 自動車
• コンシューマーエレクトロニクス
• エネルギー貯蔵
• 産業
• その他のエンドユーザー

第8章 世界の水酸化リチウム市場：地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他欧州
• アジア太平洋
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他アジア太平洋地域
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他南米
• 中東・アフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他中東とアフリカ

第9章 主な発展

• 契約、パートナーシップ、コラボレーション、合弁事業
• 買収と合併
• 新製品発売
• 事業拡大
• その他の主要戦略

第10章 企業プロファイリング

• Albemarle Corporation
• Allkem Limited
• China Lithium Products Technology Co., Ltd.
• Critical Elements Lithium Corporation
• European Lithium Ltd.
• FMC Corporation
• Galaxy Resources Limited
• Ganfeng Lithium Co., Ltd.
• Infinity Lithium Corporation
• Jiangxi Ganfeng Lithium
• Lepidico Ltd.
• Lithium Americas Corp.
• Livent Corporation
• Mineral Resources Limited
• Nemaska Lithium Inc.
• Orocobre Limited
• Piedmont Lithium Limited
• Sayona Mining Limited
• Sichuan Yahua Industrial Group Co., Ltd.
• SQM（Sociedad Quimica y Minera de Chile）
• Tianqi Lithium Corporation
• Western Lithium USA Corporation

List of Tables

• Table 1 Global Lithium Hydroxide Market Outlook, By Region (2022-2030) ($MN)
• Table 2 Global Lithium Hydroxide Market Outlook, By Type (2022-2030) ($MN)
• Table 3 Global Lithium Hydroxide Market Outlook, By Battery Grade Lithium Hydroxide (2022-2030) ($MN)
• Table 4 Global Lithium Hydroxide Market Outlook, By Technical Grade Lithium Hydroxide (2022-2030) ($MN)
• Table 5 Global Lithium Hydroxide Market Outlook, By Application (2022-2030) ($MN)
• Table 6 Global Lithium Hydroxide Market Outlook, By Batteries (2022-2030) ($MN)
• Table 7 Global Lithium Hydroxide Market Outlook, By Lubricants (2022-2030) ($MN)
• Table 8 Global Lithium Hydroxide Market Outlook, By Ceramics and Glass (2022-2030) ($MN)
• Table 9 Global Lithium Hydroxide Market Outlook, By Air Purification (2022-2030) ($MN)
• Table 10 Global Lithium Hydroxide Market Outlook, By Chemical Synthesis (2022-2030) ($MN)
• Table 11 Global Lithium Hydroxide Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 12 Global Lithium Hydroxide Market Outlook, By End User (2022-2030) ($MN)
• Table 13 Global Lithium Hydroxide Market Outlook, By Automotive (2022-2030) ($MN)
• Table 14 Global Lithium Hydroxide Market Outlook, By Consumer Electronics (2022-2030) ($MN)
• Table 15 Global Lithium Hydroxide Market Outlook, By Energy Storage (2022-2030) ($MN)
• Table 16 Global Lithium Hydroxide Market Outlook, By Industrial (2022-2030) ($MN)
• Table 17 Global Lithium Hydroxide Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 18 North America Lithium Hydroxide Market Outlook, By Country (2022-2030) ($MN)
• Table 19 North America Lithium Hydroxide Market Outlook, By Type (2022-2030) ($MN)
• Table 20 North America Lithium Hydroxide Market Outlook, By Battery Grade Lithium Hydroxide (2022-2030) ($MN)
• Table 21 North America Lithium Hydroxide Market Outlook, By Technical Grade Lithium Hydroxide (2022-2030) ($MN)
• Table 22 North America Lithium Hydroxide Market Outlook, By Application (2022-2030) ($MN)
• Table 23 North America Lithium Hydroxide Market Outlook, By Batteries (2022-2030) ($MN)
• Table 24 North America Lithium Hydroxide Market Outlook, By Lubricants (2022-2030) ($MN)
• Table 25 North America Lithium Hydroxide Market Outlook, By Ceramics and Glass (2022-2030) ($MN)
• Table 26 North America Lithium Hydroxide Market Outlook, By Air Purification (2022-2030) ($MN)
• Table 27 North America Lithium Hydroxide Market Outlook, By Chemical Synthesis (2022-2030) ($MN)
• Table 28 North America Lithium Hydroxide Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 29 North America Lithium Hydroxide Market Outlook, By End User (2022-2030) ($MN)
• Table 30 North America Lithium Hydroxide Market Outlook, By Automotive (2022-2030) ($MN)
• Table 31 North America Lithium Hydroxide Market Outlook, By Consumer Electronics (2022-2030) ($MN)
• Table 32 North America Lithium Hydroxide Market Outlook, By Energy Storage (2022-2030) ($MN)
• Table 33 North America Lithium Hydroxide Market Outlook, By Industrial (2022-2030) ($MN)
• Table 34 North America Lithium Hydroxide Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 35 Europe Lithium Hydroxide Market Outlook, By Country (2022-2030) ($MN)
• Table 36 Europe Lithium Hydroxide Market Outlook, By Type (2022-2030) ($MN)
• Table 37 Europe Lithium Hydroxide Market Outlook, By Battery Grade Lithium Hydroxide (2022-2030) ($MN)
• Table 38 Europe Lithium Hydroxide Market Outlook, By Technical Grade Lithium Hydroxide (2022-2030) ($MN)
• Table 39 Europe Lithium Hydroxide Market Outlook, By Application (2022-2030) ($MN)
• Table 40 Europe Lithium Hydroxide Market Outlook, By Batteries (2022-2030) ($MN)
• Table 41 Europe Lithium Hydroxide Market Outlook, By Lubricants (2022-2030) ($MN)
• Table 42 Europe Lithium Hydroxide Market Outlook, By Ceramics and Glass (2022-2030) ($MN)
• Table 43 Europe Lithium Hydroxide Market Outlook, By Air Purification (2022-2030) ($MN)
• Table 44 Europe Lithium Hydroxide Market Outlook, By Chemical Synthesis (2022-2030) ($MN)
• Table 45 Europe Lithium Hydroxide Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 46 Europe Lithium Hydroxide Market Outlook, By End User (2022-2030) ($MN)
• Table 47 Europe Lithium Hydroxide Market Outlook, By Automotive (2022-2030) ($MN)
• Table 48 Europe Lithium Hydroxide Market Outlook, By Consumer Electronics (2022-2030) ($MN)
• Table 49 Europe Lithium Hydroxide Market Outlook, By Energy Storage (2022-2030) ($MN)
• Table 50 Europe Lithium Hydroxide Market Outlook, By Industrial (2022-2030) ($MN)
• Table 51 Europe Lithium Hydroxide Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 52 Asia Pacific Lithium Hydroxide Market Outlook, By Country (2022-2030) ($MN)
• Table 53 Asia Pacific Lithium Hydroxide Market Outlook, By Type (2022-2030) ($MN)
• Table 54 Asia Pacific Lithium Hydroxide Market Outlook, By Battery Grade Lithium Hydroxide (2022-2030) ($MN)
• Table 55 Asia Pacific Lithium Hydroxide Market Outlook, By Technical Grade Lithium Hydroxide (2022-2030) ($MN)
• Table 56 Asia Pacific Lithium Hydroxide Market Outlook, By Application (2022-2030) ($MN)
• Table 57 Asia Pacific Lithium Hydroxide Market Outlook, By Batteries (2022-2030) ($MN)
• Table 58 Asia Pacific Lithium Hydroxide Market Outlook, By Lubricants (2022-2030) ($MN)
• Table 59 Asia Pacific Lithium Hydroxide Market Outlook, By Ceramics and Glass (2022-2030) ($MN)
• Table 60 Asia Pacific Lithium Hydroxide Market Outlook, By Air Purification (2022-2030) ($MN)
• Table 61 Asia Pacific Lithium Hydroxide Market Outlook, By Chemical Synthesis (2022-2030) ($MN)
• Table 62 Asia Pacific Lithium Hydroxide Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 63 Asia Pacific Lithium Hydroxide Market Outlook, By End User (2022-2030) ($MN)
• Table 64 Asia Pacific Lithium Hydroxide Market Outlook, By Automotive (2022-2030) ($MN)
• Table 65 Asia Pacific Lithium Hydroxide Market Outlook, By Consumer Electronics (2022-2030) ($MN)
• Table 66 Asia Pacific Lithium Hydroxide Market Outlook, By Energy Storage (2022-2030) ($MN)
• Table 67 Asia Pacific Lithium Hydroxide Market Outlook, By Industrial (2022-2030) ($MN)
• Table 68 Asia Pacific Lithium Hydroxide Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 69 South America Lithium Hydroxide Market Outlook, By Country (2022-2030) ($MN)
• Table 70 South America Lithium Hydroxide Market Outlook, By Type (2022-2030) ($MN)
• Table 71 South America Lithium Hydroxide Market Outlook, By Battery Grade Lithium Hydroxide (2022-2030) ($MN)
• Table 72 South America Lithium Hydroxide Market Outlook, By Technical Grade Lithium Hydroxide (2022-2030) ($MN)
• Table 73 South America Lithium Hydroxide Market Outlook, By Application (2022-2030) ($MN)
• Table 74 South America Lithium Hydroxide Market Outlook, By Batteries (2022-2030) ($MN)
• Table 75 South America Lithium Hydroxide Market Outlook, By Lubricants (2022-2030) ($MN)
• Table 76 South America Lithium Hydroxide Market Outlook, By Ceramics and Glass (2022-2030) ($MN)
• Table 77 South America Lithium Hydroxide Market Outlook, By Air Purification (2022-2030) ($MN)
• Table 78 South America Lithium Hydroxide Market Outlook, By Chemical Synthesis (2022-2030) ($MN)
• Table 79 South America Lithium Hydroxide Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 80 South America Lithium Hydroxide Market Outlook, By End User (2022-2030) ($MN)
• Table 81 South America Lithium Hydroxide Market Outlook, By Automotive (2022-2030) ($MN)
• Table 82 South America Lithium Hydroxide Market Outlook, By Consumer Electronics (2022-2030) ($MN)
• Table 83 South America Lithium Hydroxide Market Outlook, By Energy Storage (2022-2030) ($MN)
• Table 84 South America Lithium Hydroxide Market Outlook, By Industrial (2022-2030) ($MN)
• Table 85 South America Lithium Hydroxide Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 86 Middle East & Africa Lithium Hydroxide Market Outlook, By Country (2022-2030) ($MN)
• Table 87 Middle East & Africa Lithium Hydroxide Market Outlook, By Type (2022-2030) ($MN)
• Table 88 Middle East & Africa Lithium Hydroxide Market Outlook, By Battery Grade Lithium Hydroxide (2022-2030) ($MN)
• Table 89 Middle East & Africa Lithium Hydroxide Market Outlook, By Technical Grade Lithium Hydroxide (2022-2030) ($MN)
• Table 90 Middle East & Africa Lithium Hydroxide Market Outlook, By Application (2022-2030) ($MN)
• Table 91 Middle East & Africa Lithium Hydroxide Market Outlook, By Batteries (2022-2030) ($MN)
• Table 92 Middle East & Africa Lithium Hydroxide Market Outlook, By Lubricants (2022-2030) ($MN)
• Table 93 Middle East & Africa Lithium Hydroxide Market Outlook, By Ceramics and Glass (2022-2030) ($MN)
• Table 94 Middle East & Africa Lithium Hydroxide Market Outlook, By Air Purification (2022-2030) ($MN)
• Table 95 Middle East & Africa Lithium Hydroxide Market Outlook, By Chemical Synthesis (2022-2030) ($MN)
• Table 96 Middle East & Africa Lithium Hydroxide Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 97 Middle East & Africa Lithium Hydroxide Market Outlook, By End User (2022-2030) ($MN)
• Table 98 Middle East & Africa Lithium Hydroxide Market Outlook, By Automotive (2022-2030) ($MN)
• Table 99 Middle East & Africa Lithium Hydroxide Market Outlook, By Consumer Electronics (2022-2030) ($MN)
• Table 100 Middle East & Africa Lithium Hydroxide Market Outlook, By Energy Storage (2022-2030) ($MN)
• Table 101 Middle East & Africa Lithium Hydroxide Market Outlook, By Industrial (2022-2030) ($MN)
• Table 102 Middle East & Africa Lithium Hydroxide Market Outlook, By Other End Users (2022-2030) ($MN)

According to Stratistics MRC, the Global Lithium Hydroxide Market is accounted for $0.61 billion in 2024 and is expected to reach $1.15 billion by 2030 growing at a CAGR of 11.22% during the forecast period. Lithium hydroxide is a chemical compound with the formula LiOH, consisting of lithium, oxygen, and hydrogen. It is a white, hygroscopic solid that is highly soluble in water. Primarily used in the production of lithium-ion batteries, lithium hydroxide enhances battery performance by improving energy density and stability. It also serves as a crucial component in ceramics, greases, and lubricants, and is utilized in various industrial applications.

According to the estimate released by the International Energy Agency (IEA), the total estimated number of electric vehicles in use globally will be approximately 25.9 million in 2022.

Market Dynamics:

Driver:

Demand for Electric Vehicles (EVs)

The demand for electric vehicles (EVs) is a key driver for the market, as lithium hydroxide is essential for manufacturing high-performance lithium-ion batteries. As consumers and governments increasingly prioritize sustainable transportation, the surge in EV sales significantly boosts lithium hydroxide consumption. This heightened demand encourages investment in lithium mining and processing, leading to greater production capacity. Consequently, the lithium hydroxide market experiences robust growth, supporting the overall transition to cleaner energy and reducing dependence on fossil fuels. Thus, it boosts the growth of the market.

Restraint:

High Production Costs

High production costs in the market can hinder growth and profitability. Factors such as energy expenses, labor costs, and the complexity of extraction processes contribute to these elevated costs. When production becomes expensive, it can lead to higher prices for end products, potentially reducing demand from manufacturers of electric vehicle batteries and other applications. Additionally, high costs may deter new entrants into the market, thus it hinders the growth of the market.

Opportunity:

Technological Advancements

Technological advancements in battery chemistry and manufacturing processes are significantly impacting the lithium hydroxide market. Innovations, such as enhanced lithium-ion battery designs and improved energy density, increase the demand for high-purity lithium hydroxide. These advancements also enable more efficient extraction and processing techniques, lowering production costs and environmental impact. As manufacturers adopt cutting-edge technologies, the performance and lifespan of batteries improve, further driving the growth of electric vehicles and renewable energy storage solutions, ultimately boosting lithium hydroxide demand, thus it drives the growth of the market.

Threat:

Environmental Concerns

Environmental concerns significantly impact the market due to the ecological effects associated with lithium extraction and processing. Issues such as water usage, habitat destruction, and pollution from mining activities raise public and regulatory scrutiny. Stricter environmental regulations can lead to increased compliance costs for producers, potentially limiting supply and raising prices. Thus, it hampers the growth of the market.

Covid-19 Impact:

The COVID-19 pandemic initially disrupted the lithium hydroxide market through supply chain interruptions, halted production, and reduced demand in automotive sectors. However, as economies reopened, there was a surge in electric vehicle production and renewable energy initiatives, driving a rebound in lithium hydroxide demand. The pandemic also accelerated the shift towards sustainable technologies, prompting investments in battery technologies and recycling.

The industrial segment is expected to be the largest during the forecast period

The industrial is expected to be the largest during the forecast period due to demand across various applications, particularly in battery manufacturing for electric vehicles and renewable energy storage. Industries such as electronics and aerospace also utilize lithium hydroxide in their products, further increasing consumption. As manufacturing processes evolve towards more sustainable practices, the need for high-purity lithium hydroxide grows, leading to investments in extraction and refining technologies.

The lubricants segment is expected to have the highest CAGR during the forecast period

The lubricants segment is expected to have the highest CAGR during the forecast period as they enhancing the efficiency and longevity of machinery used in lithium extraction and processing. High-quality lubricants reduce wear and tear on equipment, minimizing downtime and maintenance costs, which is vital for scaling production. Additionally, specialized lubricants can improve the performance of battery components, contributing to overall battery efficiency and lifespan. This synergy not only boosts production capacity but also supports the growing demand for lithium hydroxide in energy storage and electric vehicles.

Region with largest share:

North America is projected to hold the largest market share during the forecast period because automakers and tech companies ramp up production, domestic demand for lithium hydroxide surges, driving investment in mining and processing facilities. This growth promotes job creation and technological innovation while enhancing supply chain resilience. Additionally, a focus on sustainable energy solutions aligns with environmental goals, positioning North America as a key player in the global transition to clean energy.

Region with highest CAGR:

Asia Pacific is projected to witness the highest CAGR over the forecast period owing to advancements in electric vehicle (EV) production and energy storage solutions. As demand for batteries increases, especially countries like China and Japan, local industries benefit from enhanced manufacturing capabilities and job creation. This growth supports the transition to renewable energy, fostering sustainability initiatives. Additionally, competition for lithium resources can lead to geopolitical dynamics, influencing trade relationships and regional cooperation in securing raw materials.

Key players in the market

Some of the key players in Lithium Hydroxide Market include Albemarle Corporation, Allkem Limited, China Lithium Products Technology Co., Ltd., Critical Elements Lithium Corporation, European Lithium Ltd., FMC Corporation, Galaxy Resources Limited, Ganfeng Lithium Co., Ltd., Infinity Lithium Corporation, Jiangxi Ganfeng Lithium, Lepidico Ltd., Lithium Americas Corp., Livent Corporation, Mineral Resources Limited, Nemaska Lithium Inc., Orocobre Limited, Piedmont Lithium Limited, Sayona Mining Limited, Sichuan Yahua Industrial Group Co., Ltd., SQM (Sociedad Quimica y Minera de Chile), Tianqi Lithium Corporation and Western Lithium USA Corporation.

Key Developments:

In July 2024, FMC Corporation announced has signed a definitive agreement to sell its Global Specialty Solutions (GSS) business to Environmental Science US, LLC, known as Envu, an environmental science company providing innovations that protect and enhance the health of environments around the world.

In May 2024, FMC Corporation announced collaboration with Optibrium, agreement is part of FMC's strategic plan to accelerate the discovery and commercialization of FMC's pipeline.

In April 2024, Critical Elements Lithium continues to expand major discovery at Rose West with additional multiple wide lithium-rich intercepts.

Types Covered:

• Battery Grade Lithium Hydroxide
• Technical Grade Lithium Hydroxide

Applications Covered:

• Batteries
• Lubricants
• Ceramics and Glass
• Air Purification
• Chemical Synthesis
• Other Applications

End Users Covered:

• Automotive
• Consumer Electronics
• Energy Storage
• Industrial
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Lithium Hydroxide Market, By Type

• 5.1 Introduction
• 5.2 Battery Grade Lithium Hydroxide
• 5.3 Technical Grade Lithium Hydroxide

6 Global Lithium Hydroxide Market, By Application

• 6.1 Introduction
• 6.2 Batteries
• 6.3 Lubricants
• 6.4 Ceramics and Glass
• 6.5 Air Purification
• 6.6 Chemical Synthesis
• 6.7 Other Applications

7 Global Lithium Hydroxide Market, By End User

• 7.1 Introduction
• 7.2 Automotive
• 7.3 Consumer Electronics
• 7.4 Energy Storage
• 7.5 Industrial
• 7.6 Other End Users

8 Global Lithium Hydroxide Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 Albemarle Corporation
• 10.2 Allkem Limited
• 10.3 China Lithium Products Technology Co., Ltd.
• 10.4 Critical Elements Lithium Corporation
• 10.5 European Lithium Ltd.
• 10.6 FMC Corporation
• 10.7 Galaxy Resources Limited
• 10.8 Ganfeng Lithium Co., Ltd.
• 10.9 Infinity Lithium Corporation
• 10.10 Jiangxi Ganfeng Lithium
• 10.11 Lepidico Ltd.
• 10.12 Lithium Americas Corp.
• 10.13 Livent Corporation
• 10.14 Mineral Resources Limited
• 10.15 Nemaska Lithium Inc.
• 10.16 Orocobre Limited
• 10.17 Piedmont Lithium Limited
• 10.18 Sayona Mining Limited
• 10.19 Sichuan Yahua Industrial Group Co., Ltd.
• 10.20 SQM (Sociedad Quimica y Minera de Chile)
• 10.21 Tianqi Lithium Corporation
• 10.22 Western Lithium USA Corporation