Key Lithium Compounds Market Players:
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The lithium compounds market is primarily controlled by a select few global entities, mainly from the USA, China, and Australia, highlighting their dominance in the sourcing of raw materials and processing technologies. Companies such as Albemarle and SQM are at the forefront, benefiting from integrated supply chains and strategic alliances. Major players are concentrating on increasing production capacity, ensuring sustainable sourcing, and investing in research and development to create more environmentally friendly technologies, in response to the growing demand from battery manufacturers and the global regulatory landscape. The table below details the list of the top 15 global lithium compounds manufacturers by market share and country of origin:
Top 15 Global Lithium Compounds Manufacturers
|
Company Name |
Country |
Estimated Market Share (%) |
|
Albemarle Corporation |
USA |
19% |
|
Sociedad Química y Minera (SQM) |
Chile (South America) |
16% |
|
Ganfeng Lithium Co., Ltd. |
China |
15% |
|
Livent Corporation |
USA |
10% |
|
Tianqi Lithium Corporation |
China |
9% |
|
Mitsubishi Chemical Holdings |
Japan |
xx% |
|
Jiangxi Ganfeng Lithium Co., Ltd. |
China |
xx% |
|
Livent Corporation |
USA |
xx% |
|
Mineral Resources Limited |
Australia |
xx% |
|
SQM Australia |
Australia |
xx% |
|
POSCO Holdings |
South Korea |
xx% |
|
Indian Rare Earths Limited |
India |
xx% |
|
BASF SE |
Germany |
xx% |
|
Lotte Chemical |
South Korea |
xx% |
|
Malaysian Lithium Resources |
Malaysia |
xx% |
Here are a few areas of focus covered in the competitive landscape of the lithium compounds market: