Worldwide Lithium Market 2016 Overview

Lithium is recovered from brine, pegmatites, and sedimentary rocks. It is extracted from brine in the form of lithium chloride. Lithium is derived from spodumene, a commercially exploited hard rock mineral, through acid fusion. Lithium and its derivative compounds are used in many end-use segments such as batteries, ceramics and glass, lubricants, metallurgy, air treatment, and polymers. In addition, lithium compounds are used as psychiatric medication. 
Publisher's analysts forecast the global lithium market to grow at a CAGR of 7.84% during the period 2016-2020.

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Covered in this report 
The report covers the present scenario and the growth prospects of the global lithium market for 2016-2020. 

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

Publisher's report, Global Lithium Market 2016-2020, 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 
- Albermarle
- Sichuan Tainqi Lithium Industries
- FMC 


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Other prominent vendors 
- Galaxy Resources
- Jiangxi Ganfeng
- Neometals
- Orocobre

Market driver 
- Demand for EV from China 
- For a full, detailed list, view our report 

Market challenge 
- Supply-demand gap 
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Market trend 
- Demand for lithium-ion batteries in grid-connected storage 
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