Global Lithium Carbonate Market Size & Outlook, 2025-2030
Global lithium carbonate market, 2018-2030 (US$M)
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Global lithium carbonate market highlights
- The global lithium carbonate market generated a revenue of USD 26,307.4 million in 2024 and is expected to reach USD 61,052.6 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 15.2% by 2030.
- In terms of segment, lithium-ion batteries accounted for a revenue of USD 16,199.7 million in 2024.
- Lithium-ion Batteries is the most lucrative battery type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 26,307.4 million |
| Market revenue in 2030 | USD 61,052.6 million |
| Growth rate | 15.2% (CAGR from 2025 to 2030) |
| Largest segment | Lithium-ion batteries |
| Fastest growing segment | Lithium-ion Batteries |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lithium-ion Batteries, Lithium-metal Batteries, Others (if any) |
Other key industry trends
- In terms of revenue, the North America accounted for 22.2% of the global lithium carbonate market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 2,940.4 million by 2030.
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Lithium Carbonate Market Scope
Lithium Carbonate Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Steyuan Mineral Resources Group | View profile | 51-100 | Tianjing, Tianjin, China, Asia | https://www.steyuan.com |
| Livent | View profile | 1001-5000 | Philadelphia, Pennsylvania, United States, North America | https://livent.com/ |
| Tianqi Lithium | View profile | 1001-5000 | Chengdu, Sichuan, China, Asia | http://en.tianqilithium.com |
| Ganfeng Lithium | View profile | 10001+ | Shanghai, Shanghai, China, Asia | http://www.ganfenglithium.com/ |
| SQM Group | View profile | 101-250 | Coeur D'alene, Idaho, United States, North America | https://www.sqmgroup.com/company |
| Pilbara Minerals Ltd | View profile | 768 | 146 Colin Street, Level 2, West Perth, Perth, WA, Australia, 6005 | https://www.pilbaraminerals.com.au |
| Lithium Americas Corp | View profile | - | 900 West Hastings Street, Suite 300, Vancouver, BC, Canada, V6C 1E5 | https://www.lithiumamericas.com |
| Albemarle Corp | View profile | 9000 | 4250 Congress Street, Suite 900, Charlotte, NC, United States, 28209 | https://www.albemarle.com |
Global lithium carbonate market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lithium carbonate market will help companies and investors design strategic landscapes.
Lithium-ion batteries was the largest segment with a revenue share of 61.58% in 2024. Horizon Databook has segmented the Global lithium carbonate market based on lithium-ion batteries, lithium-metal batteries, others (if any) covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Lithium Carbonate Battery Type Outlook (Revenue, USD Million, 2018-2030)
- Lithium-metal Batteries
- Others (if any)
- Lithium-ion Batteries
- Global Lithium Carbonate Grade Outlook (Revenue, USD Million, 2018-2030)
- Technical Grade
- Industrial Grade
- Battery Grade
- Global Lithium Carbonate Application Outlook (Revenue, USD Million, 2018-2030)
- Pharmaceutical
- Cement
- Glass & Ceramics
- Others
- Electric Vehicles
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Horizon Databook provides a detailed overview of global-level data and insights on the Global lithium carbonate market , including forecasts for subscribers. This global databook contains high-level insights into Global lithium carbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global lithium carbonate market size, by regions, 2018-2030 (US$M)
Top 10 countries: Lithium carbonate market size, 2024 (US$M)
Global lithium carbonate market share, by application, 2024 & 2030 (%, US$M)
Lithium carbonate market: Opportunity assessment by country
Global lithium carbonate market, by region, 2024 (US$M)
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