Market size in 2024 | US$ 2.86 billion |
Forecast Market size by 2030 | US$ 5.13 billion |
---|---|---|---|
Growth Rate | CAGR of 10.2% | Number of Pages | 205 Pages |
The Asia Pacific Lithium Mining market size was valued at US$ 2.86 billion in 2024 and is projected to reach US$ 5.13 billion by 2030, at a CAGR of 10.2% during the forecast period 2024-2030.
Lithium mining involves the extraction and processing of lithium-containing minerals, primarily used in batteries for electric vehicles, energy storage systems, and consumer electronics.
The Asia Pacific lithium mining market is experiencing rapid growth, driven by the booming electric vehicle industry and renewable energy storage sector. Australia dominates with a 60% market share, followed by China at 25% and South Korea at 10%. In 2023, the battery industry consumed 80% of total production, with glass and ceramics at 10% and lubricants at 5%. The market saw a 25% increase in demand for battery-grade lithium carbonate and hydroxide. Key players include Ganfeng Lithium Co., Ltd. (China) and Pilbara Minerals Limited (Australia), collectively holding a 45% market share in the region. The industry is investing heavily in new extraction technologies, with a 30% increase in R&D spending on direct lithium extraction methods in 2023. Challenges include environmental concerns and water usage in traditional mining operations, leading to a 15% focus on developing more sustainable practices. The trend towards high-nickel cathodes in EV batteries has driven a 20% increase in demand for high-purity lithium compounds. The market is benefiting from government incentives for EV adoption, with China's subsidies contributing to a 35% growth in domestic lithium demand for EV battery production.
Report Includes
This report is an essential reference for who looks for detailed information on Asia Pacific Lithium Mining . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Lithium Mining , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Asia Pacific Lithium Mining , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lithium Mining . This report contains market size and forecasts of Lithium Mining in Asia Pacific, including the following market information:
We surveyed the Lithium Mining manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
• China
• India
• Japan
• South Korea
• Australia
• Thailand
• Indonesia
• Brine Extraction
• Hard Rock Mining
• Lithium Recycling (Not mining but an important source)
• Batteries
• Glass
• Grease
• Air Conditioning Equipment
• Others
• Tianqi Lithium
• Ganfeng Lithium
• Jiangxi Ganfeng Lithium
• SQM (Sociedad Qu
Report Attributes | Report Details |
---|---|
Report Title | Asia Pacific Lithium Mining Market Research Report 2024-2030 |
Market size in 2024 | US$ 2.86 billion |
Forecast Market size by 2030 | US$ 5.13 billion |
Growth Rate | CAGR of 10.2% |
Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
Base Year | 2023 |
Forecast Year | 2031 |
Number of Pages | 205 Pages |
Customization Available | Yes, the report can be customized as per your need. |
1.1 Product Overview and Scope of Lithium Mining
1.2.1 Asia Pacific Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Brine Extraction
1.2.3 Hard Rock Mining
1.2.4 Lithium Recycling (Not mining but an important source)
1.3.1 Asia Pacific Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Batteries
1.3.3 Glass
1.3.4 Grease
1.3.5 Air Conditioning Equipment
1.3.6 Others
1.4 Asia Pacific Market Growth Prospects
1.4.1 Asia Pacific Revenue Estimates and Forecasts (2019-2030)
1.4.2 Asia Pacific Production Estimates and Forecasts (2019-2030)
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
3.1 Asia Pacific Production by Manufacturers (2019-2023)
3.2 Asia Pacific Revenue Market Share by Manufacturers (2019-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Asia Pacific Average Price by Manufacturers (2019-2023)
3.5 Manufacturers Production Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Asia Pacific 5 and 10 Largest Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4.1 Asia Pacific Production
4.1.1 Asia Pacific Production YoY Growth Rate (2019-2023)
4.1.2 Asia Pacific Production, Revenue, Price and Gross Margin (2019-2024)
5.1 Asia Pacific
5.1.1 Asia Pacific Consumption by Country
5.1.2 Asia Pacific Sales, Consumption, Export, Import (2019-2023)
5.1.1 China
5.2.2 India
5.3.3 Japan
5.4.4 South Korea
5.5.5 Australia
5.6.6 Thailand
5.7.7 Indonesia
6.1 Asia Pacific Production Market Share by Type (2019-2024)
6.2 Asia Pacific Revenue Market Share by Type (2019-2024)
6.3 Asia Pacific Price by Type (2019-2024)
7.1 Asia Pacific Production Market Share by Application (2019-2024)
7.2 Asia Pacific Revenue Market Share by Application (2019-2024)
7.3 Asia Pacific Price by Application (2019-2024)
8.1 Tianqi Lithium
8.1.1 Tianqi Lithium Corporation Information
8.1.2 Tianqi Lithium Product Portfolio
8.1.3 Tianqi Lithium Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Tianqi Lithium Main Business and Markets Served
8.1.5 Tianqi Lithium Recent Developments/Updates
8.2 Ganfeng Lithium
8.2.1 Ganfeng Lithium Corporation Information
8.2.2 Ganfeng Lithium Product Portfolio
8.2.3 Ganfeng Lithium Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Ganfeng Lithium Main Business and Markets Served
8.2.5 Ganfeng Lithium Recent Developments/Updates
8.3 Jiangxi Ganfeng Lithium
8.3.1 Jiangxi Ganfeng Lithium Corporation Information
8.3.2 Jiangxi Ganfeng Lithium Product Portfolio
8.3.3 Jiangxi Ganfeng Lithium Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.3.4 Jiangxi Ganfeng Lithium Main Business and Markets Served
8.3.5 Jiangxi Ganfeng Lithium Recent Developments/Updates
8.4 SQM (Sociedad Qu
Frequently Asked Questions ?