DUBLIN, April 14, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/jh3d95/global_lithium) has announced the addition of the "Global Lithium Market Report" report to their offering.
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The analysts forecast the Global Lithium market to grow at a CAGR of 9.74 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing use of Lithium in Li-ion batteries. The Global Lithium market has also been witnessing the increase in the number of lithium exploration projects. However, the lack of professionals and skilled labor in the Lithium Mining industry could pose a challenge to the growth of this market.
The report, Global Lithium Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers East Asia, North America, Europe, and ROW; it also covers the Global Lithium market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Increase in production capacities is a major trend witnessed in the Global Lithium market. As a result of the growing demand for lithium in applications such as batteries, ceramics/glass, and air treatment, large producers of lithium are investing heavily in exploration and development of new production sites to tap the surge in demand.
Moreover, many vendors are increasingly adopting new mining, extraction, and refining technologies, which can help them diversify their production capabilities from their traditional market to new emerging markets.
According to the report, one of the major drivers in the market is the increasing use of lithium in li-ion batteries. As li-ion batteries are used in electric vehicles, its production is expected to increase significantly, and hence, the demand for lithium is expected to increase during the forecast period.
Further, the report states that one of the major challenges faced by this market is the lack of professionals in the mining of lithium-rich ores. The market is highly affected by the shortage of skilled labor.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
1. Executive Summary
2. Scope of the Report
3. Market Research Methodology
4. List of Abbreviations
6. Market Landscape
7. Market Segmentation by Application
8. Market Segmentation by Product Type
9. Geographical Segmentation
10. Key Leading Countries
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
19. Key Vendor Analysis
20. Other Reports in this Series
- Canada Lithium Corp.
- FMC Lithium Corp.
- Galaxy Resources Ltd.
- Golden Virtue Resources Inc.
- Orocobre Ltd.
- Rockwood Lithium GmbH
- Rodinia Lithium Inc.
- Sociedad Quimica Y Minera de Chile S.A.
- Talison Lithium Ltd.
- Western Lithium USA Corp.
For more information visit http://www.researchandmarkets.com/research/jh3d95/global_lithium
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets