Global Lithium Market Analysis 2013-2018 and Forecast 2019-2025

Global Lithium Market is most vigorously growing in China and is expected to lead the market with USD 535.63 million in revenue by 2025.

Lithium is a low-density metal which inhabits the earth’s crush and belongs to the alkali metal group. The highly flammable and reactive metal takes part in reactions with both organic and inorganic reactants. It is typically stored in mineral oil to avoid tarnish and corrosion. It is found as a part of the natural compound instead of elemental form due to its high reactiveness. Its high-energy density feature allows it to store substantial amounts of energy in limited storage.

Lithium is being used in several applications such as lithium-ion batteries, lubricant grease, glass and ceramics, nuclear fusion applications, metallurgy, and air treatments. It is also used in medical applications as a mood stabilizer medication for bipolar disorder in the form of lithium carbonate.

Sample Global Lithium Market Report 2019

The global lithium market has been categorized into several applications including battery applications, chemical applications, glass and ceramics, and specialty applications. In 2018, the battery application was valued at the highest revenue outcome and is expected to report USD 1,369.32 million revenue by 2025 with a 160.78 kilotons sales volume. Lithium-ion batteries are being used in several applications, including telecommunications devices and consumer electronics. The surge in battery use has been led by electric vehicles, cell phones, laptops, tablets, e-bikes, and other electronic devices, which are also expected to steer market growth during the forecast period.

In terms of product types, the market has been segmented into metal and alloys, Chloride, carbonate, hydroxide, and concentrate. Lithium carbonate is one of the most consumed segments, however, lithium hydroxide surpassing it in terms of market share, as hydroxide’s performance in Li-Ion cathode applications boosted the growth of this segment. In the global lithium market, the carbonate segment was valued at USD 671.78 million in 2018 and anticipated to reach USD 1,386.55 million by 2025.

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Rapidly increasing production of electric vehicles has been led by considerably surging demand for lithium. A number of developed economies intentionally emphasizing electric and hybrid vehicle production. Growing competition intensity among EV manufacturers is also boosting growth in the global lithium market. The market is also witnessing increasing demand in the medical and pharmaceutical industries. Alkyl lithium is largely being used in drugs and agricultural chemical manufacturing as a synthetic agent.

Whereas, the market is expected to face crucial challenges during the forecast period as the worldwide mining industry is confronting threats from government restrictions and lithium projects are certainly not exceptional.

The global lithium market is being dominated by a number of organizations who have been performing in the market to satisfy the worldwide demand for lithium. The leading market players include Albemarle, Altura Mining Limited, FMC, Critical Elements Corporation, Galaxy Resources Limited, Liangxi Ganfeng Lithium Co. Ltd, Lithium Americas, Sichuan Tianqi Lithium Industries, and SQM.

The global lithium market report heavily emphasizes:

  • Extensive evaluation of contemporary market trends to determine forthcoming opportunities and challenges in the market.
  • Intact analysis of leading market players that helps to identify their strengths and weaknesses.
  • Detailed competitive landscape and acumen to gain competitive advantages.
  • Study of market dynamics, driving factors, restraints, potential, and market scope.
  • Sweeping exploration of the historical market status and authentic forecast estimations up to 2025.
  • Precise segment details focusing on product types, applications, end-users, and regional analysis.
  • Elaboration on lithium production processes, pricing structure, and value chain.

The final report will be sent with an upgraded version and you can ask for customized information for the above market at sales@marketresearchexplore.com.

 

Outdoor Working Meetings Benefits Mental Ability & Physical Health

Contribution of fresh air breathed outdoors holds growing significance in everyone’s lives, and for that reason, our parents have been insisting to go out and get some fresh air. A recent study could bolster the fact since it suggests people who are engaged with computer screens for most of the day get out of the fluorescent light and choose outdoor walking for work meetings.

Walking meetings offer great opportunities to do additional exercise in your working hours, and doing the meetings outside provides even better advantages. Connecting to nature always remains an expert way to get the ability to think clearly and bust mental stress.

After studying a lot of concerns from people who say they don’t have time to exercise after a stiffly scheduled day, Dr. Alberto Caban-Martinez revealed a study about walking meetings to help them out. The author said that the study shows that transforming some of the working hours into a walking meeting facilitates with considerable health benefits and productivity.

In a number of industries in which productivity relies upon creativity might get boosted by walking meetings, Matt Jarvis, the CEO of the creative agency, said.

Confound trials and lateral thoughts often profit from innovation and creativity. Going outside and walking around helps people to be relatively set up against the environment, which has become a source of inspiration, Jarvis added. According to him, people appear to be more creative and expansive when they are outdoors instead of staring at a screen.

Walking in the park also benefits even those who no longer work. As per discovery by a study by the University of Miami, seniors who live in greener areas of Miami reported significantly lower rates of chronic diseases.

U.S. Chip Manufacturers Block Component Supply to Huawei

The world’s biggest chipmakers, including Qualcomm Inc., Intel Corp., and Broadcom Inc., have informed their workforce that it should stop supplying Huawei Technologies Co. Ltd. before the Trump administration’s next announcement, said people familiar with the matter.

The supply of hardware and software solutions from Google has currently stopped at Huawei, they added.

On Friday, U.S. authorities added the Chinese tech giant to the blacklist and menaced it from the supply chain of U.S. software and semiconductors, which it requires the most. The ban is likely to restrict the world’s biggest networking gear provider and smartphone maker.

The ban is impacting not only Huawei but also its influence spread outside of the U.S. and Asia. Infineon Technologies AG, a German semiconductor manufacturer, also reported a fall in its early trading after it cut-off its supply to Huawei, the rouse of the U.S. ban, the media reported. French-Italian semiconductor company STMicroelectronics also reported a drop in its share price.

According to a statement, Huawei said that it will continue to provide sales services and updates to customers.

Obstructing vital components supplied to Huawei could potentially cause disturbing operations by U.S. chip giants including Micron Technology Inc. The move would also delay the launch of 5G wireless networks across the world. It could also be harmful to those companies which are growingly dependent on Chinese economic structure in terms of development.

Intel is the leading supplier of server chips whose work deals with Chinese companies, whereas Qualcomm provides them with processors and modems for Huawei’s smartphones and Chinese firms, and purchases programmable chips from Xilinx. Broadcom sells switching chips used as a critical component in networking machinery.

Toyota Severely Criticized President Trump’s Conclusion Over Foreign Car Imports

Toyota Motor Corp. severely criticized the U.S. administration’s proclamation, according to how imported cars are dangerous to U.S. national security, which indicated potentially controversial discussions for leading business partners at the White House.

The Japanese carmaker rebuked over President Trump’s statement saying if the U.S. is seeking to defend itself against imported cars and components, that signals that the U.S. is no longer interested in investments done by Toyota. The company said it had invested nearly $60 billion in the U.S. and established 10 manufacturing facilities.

According to conclusions rendered by the Commerce Department with the consent of the president, which thoroughly probed imported vehicles and components, they discovered that they threatened national security by staying ahead of the curve of American car manufacturers from the last couple of decades. Consequently, the White House assigned a 180-days deadline for deal negotiations set for car exporters of Japan, the European Union, and others.

Even though Toyota believes that the talks could be settled down easily; it said that obstructing imports would be harmful for US customers, they would need to pay more. The company criticized the move two months after it vowed to invest $3 billion more into an investment plan.

Other automakers were also deeply involved in the issue, but they expressed concerns about the threat from U.S. military forces. The deadline set by more than a dozen automakers from the U.S. and foreign companies will put more than 700,000 of American jobs at risk.