The Lithium Market in China - Forecast to 2022 - ResearchAndMarkets.com

DUBLIN--()--The "Research Report on China's Lithium Industry, 2018-2022" report has been added to ResearchAndMarkets.com's offering.

In 2017, the sales volume of new energy vehicles in major countries reached 1.42 million with a YOY increase of 89.3%; the sales volume of new energy vehicles in China reached 777,000 with a YOY increase of 53.3%. The lithium industry experienced a stable growth before the prosperity of the new energy vehicle industry. However, there is a growing demand for lithium as the new energy vehicle industry booms in recent years.

In 2017, the global lithium salt production was about 235,400 tons, increasing by 21.5% YOY; China's lithium salt production was about 123,400 tons, increasing by 43.5% YOY.

In 2017, the global demand for lithium resources was about 220,000 tons, increasing by about 9% YOY. The growth was mainly because of the increasing production volume of new energy vehicles whose demand for lithium resources reached about 45,000 tons with a YOY increase about 44%.

In 2017, the growth rate of China's lithium battery industry rose significantly with the production and sales volume of new energy vehicles increasing by over 50%, the production of lithium-ion batteries increasing by over 40%, and the total production of cathode materials for lithium batteries increasing by over 50%.

At the end of 2017, China's lithium salt capacity was about 250,000 tons including 178,000 tons of lithium carbonate, 54,000 tons of lithium hydroxide and 18,000 tons of lithium chloride, increasing by 47%.

The global lithium resources and lithium mining enterprises highly concentrate in Chile, Argentina, Australia and the U.S. China is rich in lithium resources but is weak in lithium exploitation. Therefore, China has a low production of lithium.

There are abundant explored lithium resources in the world. However, the poor resource endowment, imbalanced distribution, limited development and extracting technologies and the production cycle restricted by economic and natural conditions have led to the mismatch between supply and demand in a certain period and a rise in the prices of lithium resources.

From 2018 to 2022, the price trend of global lithium resources will depend on the pace of capacity expansion. It is still possible that lithium prices will rise in the coming years with the rapid development of global new energy vehicle industry.

Topics Covered

  • Development environment of the lithium industry
  • Lithium supply and demand
  • Competition in the lithium industry
  • Major lithium producers
  • Analysis on the production costs and prices of lithium
  • Forecast on development of the lithium industry, 2018-2022

Companies Featured

  • Sichuan Yahua Industrial Group Co. Ltd.
  • Jiangxi Ganfeng Lithium Co. Ltd.
  • Tianqi Lithium Corporation
  • Tibet Mineral Development Co. Ltd.
  • Qinghai Lithium Co. Ltd.

Key Topics Covered

1 Basic Concepts of Lithium

2 Analysis on China's Lithium Industry, 2013-2017

3 Competition in China's Lithium Industry, 2013-2017

4 Major Lithium Producers in China, 2013-2017

5 Analysis on Production Costs and Prices of Lithium in China, 2013-2017

6 Forecast on Development of China's Lithium Industry, 2018-2022

For more information about this report visit https://www.researchandmarkets.com/research/j5jj26/the_lithium?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Non Ferrous Metals

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Non Ferrous Metals