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New Forecast Report on Global Lithium Market

Sep 12 2017

The "Global Lithium Market - Segmented by Product Type, Applications, and Geography - Trends and Forecasts 2017 - 2022" report has been added to Research and Markets' offering.

Lithium, a silver-white appearance soft metal, is the lightest metal in the periodic table. It reacts immediately when it comes in contact with air and water. Also, the metal exhibits the following properties such as extremely high coefficient of thermal expansion, viscosity modifier in glass melts, highest electrochemical potential, compared to other metals, and catalytic and fluxing characteristics; therefore is being used in numerous applications. Lithium is used in the form of metals, compound, and alloys.

Although lithium is widely distributed on earth, it does not occur in elemental form, owing to its high reactivity. Lithium is a rare metal and is found in continental brines, hard rock minerals, and clays in various parts of the world, but in very low concentrations. Presently, high-grade lithium ores and brines are the commercial sources of lithium production.

Lithium, owing to its excellent electrochemical potential, catalytic characteristics, and light weight, is becoming an integral part of the various commercial and industrial sectors. In the global lithium market report, the following major applications were taken into consideration: batteries, air treatment, frits, medical, metallurgy, ceramics, glass-ceramics, polymers, nuclear, lubricating greases, aluminium smelting, and others.

Market Dynamics of the Global Lithium Market:

Accelerating demand for lithium-ion batteries from the electrical vehicles segment.
Growing usage and demand for portable consumer electronics (batteries).
Rising demand from the glass-making industry.

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