Lithium Global Market To Grow At Rate Of 14% Through 2026
The Business Research Company’s Lithium Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
LONDON, GREATER LONDON , UK, September 5, 2022 /EINPresswire.com/ -- According to ‘Lithium Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the lithium market size is expected to grow to $0.75 billion in 2026 at a compound annual growth rate (CAGR) of 14.1%. The growth in the lithium mining market is due to the increasing use of autonomous hauling systems trucks in the mining industry, which is significantly enhancing production efficiency and reducing turnaround time.
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The lithium mining market consists of sales of lithium and its compounds by entities (organizations, sole traders, and partnerships) that mine lithium and its compounds.
Global Lithium Market Trends
Companies engaged in the lithium mining industry are using autonomous haulage systems to control and track mining vehicle movements and coordinate and autonomously drive off-highway haul trucks operating in a mine.
Global Lithium Market Segments
The global lithium market is segmented:
By Type: Glass/Ceramics, Greases / Lubricants, Chemical Synthesis, Portable Electronics and Other Handhelds, Hybrids, Battery Electric Vehicle (BEV), Grid, and Others
By Mining Type: Underground Mining, Surface Mining
By Geography: The global lithium market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, South America accounts for the largest share.
Read more on the global lithium market report here
https://www.thebusinessresearchcompany.com/report/lithium-global-market-report
Lithium Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides lithium global market overviews, analyzes and forecasts market size and growth for the global lithium market, lithium market share, lithium global market segments and geographies, lithium global market players, lithium global market leading competitor revenues, profiles and market shares. The lithium global market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Lithium Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Albemarle Corporation, Sociedad Química y Minera, FMC Corporation, Sichuan Tianqi Lithium Industries Inc., and Jiangxi Ganfeng Lithium Co., Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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About The Business Research Company
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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