The Global Lithium Market Outlook to 2026

Description

Report insight

Lithium has recently emerged as one of the key high-tech materials on the back of growing demand for e-mobility and electrical grid storage. Demand for lithium has also been on an upward trajectory for traditional batteries market and non-batteries end use sectors. At the cusp of growing demand with limited supply response, lithium prices reached its zenith in 2016. Commodity Inside assesses that the spot Chinese lithium price increased from $6,400/tonne in 2011 to nearly $21,500/tonne by mid-2016.

With such phenomenal increase in prices, lithium mining companies have rushed back to the market by announcing quite ambitious deadlines for their brownfield and greenfield projects. However, market fundamentals in the lithium market are somehow muddy, and a number of downside risks exist for new entrants in both brine and spodumene mining. Over the past ten years, we saw some bankruptcies and closures, though only Orocobre was able to add new capacity.

So far, demand fundamentals for lithium have significantly changed with advancements in e-mobility and upcoming Gigafactories. Commodity Inside anticipates that demand for electric vehicles will increase phenomenally over the next ten years, particularly in North America, Europe and North East Asia, creating a huge demand for lithium-ion batteries. Having said that, the amount of lithium metal requirement in a rechargeable battery is also set to shrink due to technological developments.

Why this report is unique and a must read for the lithium industry?

The Global Lithium Market Outlook to 2026 is a valuable resource necessary for examining the global lithium market. We have employed a very sophisticated and robust approach to assess the lithium market and its future dynamics. As a part of the research, Commodity Inside has interviewed some of the leading players in the lithium market and incorporated their input into the report. The report contains:

• Market assessment of the current lithium market
• A ten year outlook for the lithium market
• Production and capacity developments in the lithium market
• Lithium demand by end use sectors
• Developments in e-mobility and its implications for the lithium market
• Cause and effect analysis of lithium prices over the next ten years
• Profile of major producers and their strategies

Why you should buy this report?

The Global Lithium Market Outlook to 2026 provides you with the following comprehensive analysis:

• Full coverage of the global lithium market
• Profiles and future strategies of major players
• Major upcoming lithium mining projects
• Lithium demand by 9 end use sectors (air treatment, ceramics and glass ceramics, greases, glass, metallurgy, polymers, primary battery, rechargeable battery and others)
• 26 supportive tables, figures and charts
• 10 year projections on the basis of qualitative and quantitative forecasts models
• Comprehensive statistical appendices
• All supportive data provided in Excel

Who should buy this report?

• Lithium mining companies
• Lithium producers
• Rechargeable batteries producers
• Consumers of lithium such as glass, ceramics, healthcare and steel
• Financial institutions
• Industry consultants, researchers and analysts
• Government departments

Chapter 1– Executive Summary
Chapter-2- Introduction and methodology
Chapter-3- Lithium supply
Chapter-4- Lithium demand
Chapter-5- Lithium-ion batteries
Chapter-6- Lithium prices
Appendix-A- Trade statistics 2011-2015
Appendix-B- Macroeconomic forecasts in selected countries and regions 2013-2021

List of tables

Table 3.1: Lithium reserves deposit by country and type, (Mt)
Table 5.1: Average lithium requirements in batteries by end use per unit basis 2016 (LCE and Li, grams)
Table 6.1: Long term price forecast of Lithium carbonate, lithium hydroxide and Spodumene 2013-2026 ( $/t)

Table A.1: Net imports of lithium carbonate by 137 countries 2011-2015 (tonnes)
Table A.2: Net imports of lithium hydroxide by 123 countries 2011-2015 (tonnes)
Table B.1: Real GDP growth in selected countries 2013-2026 (% growth)
Table B.2: Real per capita GDP growth in selected countries 2013-2026 (% growth)
Table B.3: Population growth in selected countries 2013-2026 (% growth)

List of figures

Figure 3.1: Lithium production by brine and hard rock by major countries 2011-2015 (‘000 tonnes LCE)
Figure 3.2: Lithium production by brine and hard rock 2011-2015 (‘000 tonnes LCE)
Figure 3.3: Lithium production by brine and hard rock by company 2011-2015 (‘000 tonnes LCE)
Figure 4.1: Lithium demand by nine end use sectors 2015 (% share)
Figure 4.2: Lithium demand by nine end use sectors 2026 (% share)
Figure 4.3: Lithium demand by nine end use sectors 2013-2026 (‘000 tonnes LCE)
Figure 4.4: Lithium demand by nine end use sectors 2013-2026 ($ billions)
Figure 5.1: Lithium requirements by batteries end use markets: Evs, E-bike, consumer electronics and energy storage 2013-2015 (‘000 tonnes LCE)
Figure 5.2: Lithium requirements in batteries by EVs and non-EVs markets 2013-2015 (‘000 tonnes LCE)
Figure 5.2: Battery cost by components ($)
Figure 5.3: Battery cell cost by components (% share)
Figure 5.4: Global market share of batteries by type in the automotive sector 2016, 2026
Figure 6.1: Long term price forecast of Lithium carbonate, lithium hydroxide and Spodumene 2013-2026 ( $/t)

List of chart
Chart 3.1: Olaroz lithium project corporate structure
Chart 5.1: Some major producers of lithium batteries
Chart 5.2: Major producers of anode, cathode, electrodes and separators
Chart 5.3: Major companies in cell construction and battery packs
Chart 5.4: Future of various rechargeable batteries across end use sectors

ADDITIONAL INFORMATION