Lithium rose to 74,000 CNY/T on October 20, 2025, up 0.89% from the previous day. Over the past month, Lithium's price has risen 0.20%, and is up 3.50% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lithium - values, historical data, forecasts and news - updated on October of 2025.

Why did the Lithium Hydroxide Price Change in July 2025? The Lithium Hydroxide Spot Price Index in the U.S. dropped by 3.2% in Q2 2025, with prices declining to USD 8,600/MT by the end of June.

Get the latest insights on price movement and trend analysis of Lithium Hydroxide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

By 2025, producing battery grade lithium hydroxide globally from brine harvesting will involve, in general, more costs than from spodumene. This is because in the first process it is necessary to produce lithium carbonate as an intermediate product, to later generate lithium hydroxide. It is expected that the difference in production costs between these two processes will amount to almost 1,000 U.S. dollars per ton of lithium carbonate equivalent.

Explore the growing importance of lithium hydroxide in the EV and electronics sectors, the role of the London Metal Exchange in pricing, and the influence of market dynamics on lithium futures contracts and investor opportunities.

Explore the rising demand and fluctuating prices of lithium hydroxide monohydrate, a crucial compound in battery manufacturing, driven by the EV market and sustainable energy solutions. Understand the factors influencing its market, including supply chain dynamics, technological advancements, and regional variations in the 2020-2023 period.

The global market size of Lithium Hydroxide Monohydrate is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Lithium Hydroxide Monohydrate Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Lithium Hydroxide Monohydrate industry. The key insights of the report:
1.The report provides key statistics on the market status of the Lithium Hydroxide Monohydrate manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Lithium Hydroxide Monohydrate industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Lithium Hydroxide Monohydrate Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Lithium Hydroxide Monohydrate as well as some small players. At least 5 companies are included:
* FMC
* Rockwood Lithium
* Simbol
* SQM
* Tianqi Lithium,

The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share

For product type segment, this report listed main product type of Lithium Hydroxide Monohydrate market
* Industrial Grade
* Battery Grade
* Other
For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Application I
* Application II
* Application III

For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.

Performance Lithium Market Outlook

The global performance lithium market size is projected to witness a significant growth, with an expected Compound Annual Growth Rate (CAGR) of 10.5% from 2024 to 2032. The market is estimated to reach a valuation of approximately USD 20 billion by 2032, up from USD 8.5 billion in 2023. This robust growth is driven by the increasing demand for lithium in various high-performance applications, especially in the renewable energy and electric vehicle (EV) sectors. As the world transitions towards cleaner energy solutions, lithium, known for its lightweight and high energy density properties, stands firm as a critical component in the new-age energy paradigm.

One of the primary growth factors for the performance lithium market is the skyrocketing demand for electric vehicles (EVs). Governments worldwide are pushing for increased adoption of EVs to reduce carbon emissions, which has resulted in a surge in demand for lithium-ion batteries, the most efficient and popular battery types used in EVs. Advancements in battery technology and the need for longer-lasting, more efficient energy storage solutions have further propelled the demand for performance lithium products. This trend is particularly strong in developed regions like North America and Europe, where governments offer incentives and subsidies for EV adoption, as well as in Asia Pacific, home to leading battery manufacturers.

Another significant factor contributing to the growth of the performance lithium market is the expanding use of lithium in renewable energy storage solutions. As the global energy sector experiences a pivotal shift towards renewable sources such as solar and wind, the need for effective energy storage systems has escalated. Lithium-ion batteries are increasingly being used in large-scale energy storage projects due to their high efficiency, longer lifecycle, and declining costs. This has not only bolstered the demand for lithium but also garnered substantial investments from both the public and private sectors, thereby fueling market expansion.

In addition to energy storage and EVs, lithium's usage in other applications such as electronics, glass & ceramics, and lubricants is also on the rise. The electronics industry, particularly, has seen a surge in demand for lithium due to its application in the manufacturing of lightweight, high-energy batteries for portable devices. Similarly, the glass and ceramics industry uses lithium to enhance product strength and thermal resistance. The growing industrial demand across these sectors is contributing significantly to the overall growth of the performance lithium market.

The regional outlook for the performance lithium market reflects substantial growth prospects across different geographies. Asia Pacific, driven by countries like China, Japan, and South Korea, is expected to lead the market with the highest growth rate, attributed to the presence of major battery manufacturers and increasing investments in EV infrastructure. North America and Europe are also poised for considerable growth due to favorable government policies supporting green technologies. Latin America, with rich lithium resources, is emerging as a crucial supplier in the global market, while the Middle East & Africa are gradually tapping into this growing industry through strategic partnerships and investments.

Product Type Analysis

Lithium carbonate, one of the primary product types in the performance lithium market, is extensively used for manufacturing lithium-ion batteries. The growing demand for lithium-ion and lithium polymer batteries in consumer electronics, electric vehicles, and renewable energy storage systems has led to an increase in the production and consumption of lithium carbonate. The compound’s versatility and effectiveness in stabilizing metal oxides in lithium-ion batteries make it an indispensable material in battery manufacturing, thereby witnessing a steady growth in market demand.

Lithium hydroxide is another significant product type within the performance lithium market, known for its high energy density and thermal stability. Its application is increasingly favored in high-performance electric vehicle batteries, as it enhances battery lifecycle and performance. Manufacturers are focusing on optimizing the use of lithium hydroxide in their battery chemistries to offer improved efficiency and energy output. This trend is expected to drive the demand for lithium hydroxide, supported by ongoing research and development activities in battery technology.

Lithium metal

The lithium hydroxide monohydrate market is experiencing robust growth, driven primarily by the burgeoning demand for lithium-ion batteries in electric vehicles (EVs), energy storage systems (ESS), and portable electronics. The market's compound annual growth rate (CAGR) is estimated at 15% between 2025 and 2033, indicating substantial expansion potential. This growth trajectory is fueled by several key factors, including government policies promoting EV adoption, increasing consumer preference for electric vehicles, and advancements in battery technology leading to improved energy density and lifespan. Major players like FMC, Rockwood Lithium, Simbol, SQM, and Tianqi Lithium are actively expanding their production capacities to meet the surging demand. However, the market also faces certain constraints, such as the geographical concentration of lithium resources, fluctuating lithium prices, and environmental concerns related to lithium mining and processing. Despite these challenges, the long-term outlook for the lithium hydroxide monohydrate market remains highly positive, underpinned by the continued global shift toward clean energy and sustainable transportation. The geographical distribution of the market shows significant regional variations, with North America and Asia-Pacific currently dominating the landscape due to established manufacturing bases and significant demand from the automotive and electronics sectors. Europe is also witnessing strong growth, driven by ambitious targets for EV adoption and expanding renewable energy infrastructure. The competitive landscape is characterized by both established multinational corporations and emerging players. Strategic partnerships, mergers and acquisitions, and technological innovations are shaping the competitive dynamics. Future growth will be influenced by factors such as advancements in battery chemistries, improvements in lithium extraction and processing technologies, and the development of sustainable sourcing and recycling practices. The market segmentation, while not explicitly provided, can reasonably be assumed to include segments based on application (EV batteries, ESS, portable electronics, etc.), purity levels, and geographical region. Further market research would be beneficial to solidify these assumptions with concrete data.

According to Cognitive Market Research, the global technical grade lithium hydroxide market size is USD XX million in 2023 and will expand at a compound annual growth rate (CAGR) of 4.10% from 2023 to 2030. Growing Demand for Electric Vehicles to Drive the Market Expansion.

The importance of renewable energy and energy storage grew, particularly in light of worldwide initiatives to minimise greenhouse gas emissions and promote green energy is anticipated to drive the market growth. Spending on technical grade lithium hydroxide for stationary energy storage and electric vehicles has surged. The primary drivers of the market are the increasing demand for technical grade lithium hydroxide used in electric vehicles and the growing popularity of lithium hydroxide NCA cathode-powered power tools.

For instance, in August 2022, Ganfeng Lithium stated that it has partnered with GAC AlON in a long-term strategic cooperation to enhance the development of battery raw materials and the recycling of outdated new electric vehicle ("NEV") batteries.

Source-www.marklines.com/en/top500/catl

Novel and Enhanced Tchnology in Lithium Ion Battery to Propel Market Growth

New and improved lithium-ion battery technology is being developed as battery applications require more power and lower costs. Battery technology developments are critical to meeting consumer demand for portable devices and electric vehicles with greater battery life and faster charging periods. As a result, new materials, manufacturing methods, and battery management systems have been developed to improve the efficiency and performance of technical grade lithium hydroxide.

For instance, in May 2022, According to the International Energy Agency (IEA), electric vehicle sales are expected to reach a record high of 4.7 million units in 2021, a 43% increase over the previous year.

Market Restraints of the Technical Grade Lithium Hydroxide Market

The High Expense of Procedure Stemming from the Need for Multiple Stages and the Use of Lime, Which Generates Waste, are Hamper the Market Growth. 

Numerous common reasons of maintenance outages in processing plants that lead to reduced output, increased costs, and downtime, regardless of whether LiOH is derived from carbonate or straight from a spodumene slurry. Erosion frequently serves as a source of contaminants as well. The hardness of crystallised hydroxide is well known to those who have attempted to chip it out of equipment (more on this later). The erosion that occurs when this material is moving quickly through a pipe in the form of a turbulent hot slurry is also noteworthy.

Impact of the COVID-19 on Technical Grade Lithium Hydroxide market

The COVID-19 pandemic affected the technical grade lithium hydroxide market significantly. Lockdowns and mask mandates reduced the demand for lithium hydroxide COVID-19 influenced short-term lithium hydroxide sales. Covid-19 is causing a backlog in the lithium hydroxide supply chain. Overseas markets, primarily Japan and South Korea, bought more over 80% of China's hydroxide output. Overseas consumers are having difficulty obtaining lithium hydroxide due to customs clearance complications caused by the epidemic. Domestic users are also suffering issues as a result of transportation disruptions. They may find it increasingly difficult to obtain the material as converters work to keep their foreign customers well supplied. These effects are exacerbated by the chemical's limited shelf life. Because lithium hydroxide is highly hygroscopic and oxidative, users rarely keep considerable quantities of it on hand. What is Technical Grade Lithium Hydroxide?

Lithium hydroxide is a chemical used in the production of technical grade lithium hydroxide , ceramics, and lubricants. Lithium-ion batteries are commonly employed in electric vehicles, portable electronics, and grid energy storage systems. The market is primarily driven by rising demand for technical grade lithium hydroxide in the automotive sector. Lithium-ion batteries are commonly employed in electric vehicles due to their high energy density, extended life, and low self-discharge rates. The automotive industry is experiencing an increase in demand for technical grade lithium hydroxide . Lithium-ion batteries are commonly employed in electric vehicles due to their high energy density, extended life, and low self-discharge rates...

¿Por qué cambió el precio del hidróxido de litio en julio de 2025? El Índice de Precios de Hidroxido de Litio en los Estados Unidos cayó un 3,2% en el 2º trimestre de 2025, con precios descendiendo a USD 8.600/MT a finales de junio.

72 Global import shipment records of Lithium Hydroxide Monohydrate with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

In 2025, the price of ** percent lithium carbonate is projected to be around **** U.S. dollars per kilogram. Growing global lithium demandThere has been a steady increase in battery demand globally, which in turn becomes a strong driver of lithium usage in the future. However, producers have been unable to keep up with the demand. In 2025, global lithium demand is expected to reach ***** metric tons of lithium carbonate equivalent for non-rechargeable batteries. The 2018 annual average price of battery-grade lithium carbonate was ****** U.S. dollars per metric ton, increased from the ****** U.S. dollars in the previous year. Lithium demand by applicationLithium has many end use applications aside from batteries. For example, demand for lithium in ceramics is anticipated to reach ****** metric tons of lithium carbonate equivalent in 2025. Another example is that the demand for lithium in polymers is expected to grow to ****** metric tons of lithium carbonate equivalent by 2025, from the 2018 demand which was ***** metric tons.

The global battery-grade lithium hydroxide (LiOH) market is experiencing robust growth, driven by the burgeoning electric vehicle (EV) industry and the increasing demand for energy storage solutions. The market size in 2025 is estimated at $15 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 18% from 2025 to 2033. This significant expansion is fueled by several key factors. Firstly, the rapid adoption of EVs worldwide is creating an insatiable appetite for LiOH, a crucial component in lithium-ion batteries. Secondly, advancements in battery technology are improving energy density and lifespan, further boosting demand. The growing adoption of renewable energy sources and the need for efficient grid-scale energy storage also contribute significantly to the market's growth trajectory. However, challenges remain, including the fluctuating price of lithium raw materials, geopolitical uncertainties surrounding lithium mining and processing, and the potential for supply chain bottlenecks. Despite these challenges, the long-term outlook for the battery-grade LiOH market remains positive. The continuous increase in EV sales, government incentives promoting electric mobility, and ongoing research and development in battery technologies will sustain market growth. Key players in the market are focusing on strategic partnerships, capacity expansion, and technological advancements to secure their market share and meet the escalating demand. The market segmentation reveals strong growth across regions, with North America, Europe, and Asia-Pacific showing particularly promising potential due to strong EV adoption rates and government initiatives supportive of clean energy transition. The competitive landscape is characterized by a mix of established players and emerging companies, leading to innovation and price competition.

Lithium Market Outlook

The global lithium market size was valued at approximately USD 8.3 billion in 2023 and is expected to reach around USD 26.9 billion by 2032, exhibiting a robust compound annual growth rate (CAGR) of 14.2% during the forecast period. This impressive growth trajectory is primarily driven by the burgeoning demand for lithium-ion batteries, pivotal in propelling the electric vehicle (EV) revolution and portable consumer electronics. The increasing commitment of governments worldwide to transition to renewable energy and reduce carbon emissions is another significant driver, further catalyzing the adoption of lithium-ion technologies across various sectors.

A critical growth factor for the lithium market is the rapid expansion of the electric vehicle (EV) sector. With automotive giants and startups alike accelerating their production of electric models, the demand for lithium, a key component in EV batteries, has surged. Policies aimed at reducing dependency on fossil fuels and incentivizing cleaner transportation options are amplifying this trend. For instance, several countries, including China, the United States, and members of the European Union, have set ambitious targets for EV adoption, fueling substantial investments in lithium extraction and battery production facilities. Additionally, advancements in battery technology that increase energy density and reduce costs are making EVs more accessible to the mass market, thereby increasing lithium demand.

The proliferation of renewable energy initiatives and the associated need for efficient energy storage solutions present another growth vector for the lithium market. Renewable energy sources like solar and wind are inherently intermittent, necessitating reliable storage solutions to ensure a stable power supply. Lithium-ion batteries have emerged as the preferred choice due to their high energy density, efficiency, and declining costs. As countries globally push towards achieving sustainable energy goals, the deployment of large-scale lithium-ion battery storage systems is anticipated to expand, further bolstering the market. Additionally, advancements in grid infrastructure that integrate renewable energy sources are expected to contribute significantly to the growing demand for lithium-based solutions.

Technological innovation and increased investment in research and development are further enhancing the growth prospects of the lithium market. Research into alternative lithium extraction methods, such as direct lithium extraction (DLE) from brines, is gaining traction, promising more environmentally friendly and cost-effective solutions than traditional mining methods. Moreover, ongoing improvements in battery recycling technologies aim to recover lithium from spent batteries efficiently, reducing dependency on new lithium extraction and supporting circular economy initiatives. These technological advancements are critical for meeting future lithium demand sustainably and mitigating environmental impacts associated with lithium production.

Regionally, Asia Pacific is expected to dominate the lithium market due to its robust manufacturing base and rapidly growing EV industry. The presence of major battery manufacturers and a conducive regulatory environment further bolster this region's growth. In contrast, North America and Europe are experiencing heightened demand driven by policy incentives and technological innovation. Latin America, home to the 'Lithium Triangle'—a region abundant in lithium reserves—is emerging as a key player in the supply chain, while the Middle East & Africa are gradually increasing their market presence with investments in mining and battery manufacturing.

Type Analysis

The lithium market is segmented into various types, including lithium carbonate, lithium hydroxide, lithium chloride, and others, each playing a distinct role in diverse applications. Lithium carbonate is currently the most widely used type, primarily due to its application in the production of lithium-ion batteries. As the demand for electric vehicles and portable electronic devices continues to grow, the consumption of lithium carbonate is expected to see a significant rise. This compound is also used in the manufacturing of glass and ceramics, where it enhances the physical properties of the materials. Thus, the multifaceted applications of lithium carbonate make it a cornerstone of the lithium market.

Lithium hydroxide is gaining prominence due to its superior performance in high-nickel content lithium-ion batteries, which offer higher energy densities. This type is incre

The global market for battery-grade lithium hydroxide monohydrate (LGHM) is experiencing robust growth, driven primarily by the burgeoning electric vehicle (EV) industry and the increasing demand for energy storage solutions. The market's expansion is fueled by government incentives promoting EV adoption, improvements in battery technology leading to higher energy density and longer lifespans, and the growing integration of renewable energy sources requiring effective energy storage. While precise market sizing data is unavailable, considering the rapid growth of the EV sector and the crucial role of LGHM in lithium-ion batteries, a conservative estimate places the 2025 market size at approximately $10 billion, with a compound annual growth rate (CAGR) of 15-20% projected for the forecast period (2025-2033). This growth trajectory is supported by continuous advancements in lithium extraction and processing techniques, expanding production capacities of major players, and increasing investments in research and development. However, the market faces certain restraints. Fluctuations in lithium prices due to supply chain disruptions and geopolitical factors pose challenges. Environmental concerns related to lithium mining and processing, coupled with the growing focus on sustainable practices, necessitates the adoption of responsible sourcing and eco-friendly production methods. Furthermore, competition among established players and new entrants in the LGHM market will intensify, requiring manufacturers to optimize production costs and enhance product quality to maintain competitiveness. Key market segments include various battery chemistries (e.g., NMC, LFP), with regional demand largely driven by the EV adoption rates in North America, Europe, Asia-Pacific, and other emerging markets. Companies like Tianqi Lithium, Ganfeng Lithium, and Livent are major players, continually striving for innovation to improve efficiency and cater to the growing global demand for battery-grade materials.

Although China is the second-largest importer of lithium carbonate in the world, it dominates globally in exports for lithium oxide and lithium hydroxide.With moderate lithium deposits, the country will need to find ways to expand its resource reserves to support the rapid development of its electric car and electronics industries. It is widely viewed that China will construct lithium mining facilities in Afghanistan, but this is very unlikely in the near future due to the difficult military and political situation there.

The anhydrous lithium hydroxide market is experiencing robust growth, driven primarily by the burgeoning electric vehicle (EV) battery industry. Lithium hydroxide, a crucial component in lithium-ion batteries, is essential for powering EVs, and the increasing demand for these vehicles is directly translating into higher demand for this chemical. Furthermore, the growing adoption of renewable energy technologies, particularly grid-scale energy storage solutions, further fuels market expansion. While the exact market size for 2025 is unavailable, considering a plausible CAGR of 15% (a conservative estimate based on industry growth in related sectors) and a hypothetical 2024 market size of $1.5 billion (a reasonable approximation given the size of related markets), the 2025 market size could be estimated at roughly $1.725 billion. This growth trajectory is expected to continue throughout the forecast period (2025-2033), although challenges such as raw material price volatility and supply chain disruptions may present some headwinds. Major players such as Leverton, Ehyun Industrial Ltd., and others are actively expanding their production capacities to meet the escalating demand. However, the market also faces challenges, including potential environmental concerns associated with lithium mining and processing, as well as geopolitical factors impacting the supply of raw materials. The market is segmented based on several factors including purity grade, application, and geographical region. Future growth will hinge on technological advancements in battery technology, sustainable lithium sourcing, and supportive government policies promoting the adoption of EVs and renewable energy solutions. The competitive landscape is characterized by both established chemical companies and specialized lithium producers, leading to both innovation and price competition. Continued investment in R&D to improve efficiency and reduce environmental impact will be crucial for sustained growth in the anhydrous lithium hydroxide market.

582 Global import shipment records of Lithium,hydroxide with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Explore the Lithium Hydroxide Market with insights on demand, volume, price range, and industry outlook. Get a comprehensive analysis of key trends, applications, and future forecasts from 2018 to 2034.