Albany, NY -- (SBWIRE) -- 05/17/2017 -- About Lithium

Lithium is an alkali metal that is soft, silvery, highly reactive and is used as a heat transfer medium in thermonuclear weapons, batteries, lubricants, various alloys, ceramics, and optical glass.

Technavios analysts forecast the global lithium market to grow at a CAGR of 8.07% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global lithium market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price for the product.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Lithium Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Albemarle
FMC
Sichuan Tianqi Lithium Industries
SQM

Other prominent vendors
Galaxy Resources
Jiangxi Ganfeng Lithium
Neometals
Orocobre

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Market driver
Environment-friendly nature of lithium-ion batteries
For a full, detailed list, view our report

Market challenge
Safety and risks
For a full, detailed list, view our report

Market trend
Demand for lithium-ion batteries in grid-connected storage
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

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