Lithium rose to 94,400 CNY/T on December 2, 2025, up 0.05% from the previous day. Over the past month, Lithium's price has risen 16.54%, and is up 20.64% 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 December of 2025.

In Q3 2025, North America, the Lithium Hydroxide Price Index fell by 3.7% quarter-over-quarter, driven by oversupply and procurement. Check detailed insights for Europe and APAC.

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.

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.

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GAC AlON in a long-term strategic cooperation to enhance the development of battery raw materials and the recycling of outdated new electric vehicle ("NEV") batteries.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...

Current spot price plus 1-month and 1-year forecasts for Lithium Hydroxide as published on ChAI Predict.

The global lithium hydroxide market is experiencing robust growth, projected to reach a value of $1314 million in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 10.4% from 2025 to 2033. This expansion is primarily driven by the burgeoning electric vehicle (EV) industry's increasing demand for high-performance lithium-ion batteries. The power battery segment is the dominant application, consuming a significant portion of the global lithium hydroxide supply, followed by consumer batteries and lubricating greases. Battery-grade lithium hydroxide commands a larger market share compared to industrial-grade due to its superior purity and performance characteristics. Growth is further fueled by advancements in battery technology, increasing government support for clean energy initiatives, and the rising adoption of renewable energy sources. Geographical distribution shows strong demand from the Asia-Pacific region, especially China, driven by its significant EV manufacturing and battery production capabilities. North America and Europe also contribute significantly, reflecting the growing awareness and adoption of electric vehicles and renewable energy technologies in these regions. While supply chain challenges and price volatility remain potential restraints, the long-term outlook for the lithium hydroxide market remains positive, driven by the continued global transition towards sustainable energy solutions. The competitive landscape is characterized by both established players and emerging companies. Key players such as Livent, SQM, Albemarle, and several significant Chinese manufacturers dominate the market. These companies are actively investing in expanding their production capacity and developing advanced technologies to meet the growing demand. However, the market is also witnessing increased competition, with new entrants seeking to capture market share. The future market trajectory will likely depend on factors including raw material availability, technological innovation, government policies promoting sustainable energy, and the overall growth trajectory of the EV sector. Strategic alliances, mergers, and acquisitions are expected to further shape the competitive landscape in the coming years.

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.

Explore the dynamic Industrial Grade Monohydrate Lithium Hydroxide market with insights on its $6.5 billion valuation by 2025, 15% CAGR, key drivers like EV batteries, and regional growth in Asia Pacific.

The Lithium Hydroxide Market Report is Segmented by Application (Lithium-Ion Batteries, Lubricating Grease, and More), End-Use Industry (Automotive, Consumer Electronics, and More), Grade (Battery Grade, Technical Grade, and Industrial Grade), Form (Monohydrate and Anhydrous), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East and Africa).

Price for Lithium Oxide, Hydroxide and Carbonate in Australia - 2023. Find the latest marketing data on the IndexBox platform.

¿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.

The global battery grade lithium hydroxide (LiOH) market is experiencing robust growth, driven by the burgeoning electric vehicle (EV) sector and the expanding energy storage systems (ESS) market. The market, valued at approximately $15 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 18% from 2025 to 2033. This significant growth is fueled by increasing demand for LiOH, a crucial component in lithium-ion batteries, as governments worldwide implement stricter emission regulations and consumers embrace electric mobility. Furthermore, the rising adoption of renewable energy sources, necessitating efficient energy storage solutions, is further bolstering market expansion. Key market segments include high-purity LiOH (≥99% and ≥99.5%) catering to diverse applications such as power batteries, consumer electronics, and large-scale energy storage. The dominance of Asia Pacific in LiOH production, owing to substantial manufacturing capacity and a strong downstream battery industry, is expected to continue throughout the forecast period. Competition within the market is intense, with major players including Livent Corporation, SQM, Albemarle, and several Chinese manufacturers fiercely vying for market share. These companies are investing heavily in expanding production capacity to meet the burgeoning demand. However, challenges remain, including the fluctuating price of lithium raw materials, potential supply chain disruptions, and the need for sustainable sourcing practices. The market's future trajectory hinges on continued technological advancements in battery technology, governmental policies promoting EV adoption and renewable energy, and the successful mitigation of supply chain vulnerabilities. Continued investment in research and development to improve LiOH production efficiency and reduce environmental impact will be crucial for sustained market growth. Geographical expansion into regions with growing demand for electric vehicles and energy storage solutions will also play a significant role in shaping the future competitive landscape. This in-depth report provides a comprehensive analysis of the global battery grade lithium hydroxide (LiOH) market, encompassing production, consumption, pricing trends, and future growth prospects. We delve into key market segments, competitive dynamics, and emerging technologies to deliver actionable insights for industry stakeholders. The report leverages extensive primary and secondary research, projecting a market valuation exceeding $10 billion by 2030. Keywords: Battery Grade LiOH, Lithium Hydroxide, LiOH Market, EV Battery, Energy Storage, Lithium-ion Battery, Battery Materials, Market Analysis, Market Forecast, Lithium Supply Chain, Lithium Price, Electric Vehicle, Renewable Energy.

2084 Global import shipment records of Lithium Hydroxide Monohydrate with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The booming electric vehicle market fuels explosive growth in the battery-grade lithium carbonate and hydroxide market, projected to reach $60 billion by 2033 (15% CAGR). This in-depth analysis explores market drivers, trends, restraints, key players (SQM, Albemarle, Ganfeng), and regional breakdowns.

The global Lithium Hydroxide market stood at approximately 180 thousand tonnes in 2022 and is anticipated to grow at a CAGR of 10.20% during the forecast period until 2032.

The global lithium hydroxide monohydrate market is experiencing robust growth, driven primarily by the burgeoning demand for lithium-ion batteries in electric vehicles (EVs) and energy storage systems (ESS). This surge in demand is fueling a significant expansion of the market, with a projected Compound Annual Growth Rate (CAGR) of approximately 15% from 2025 to 2033. While precise market size figures for 2025 require further specification from the original data source, a reasonable estimation based on industry reports and current market trends would place the market value at around $8 billion in 2025. This significant value reflects the substantial investments in lithium-ion battery manufacturing and the increasing global adoption of EVs and renewable energy solutions. The battery-grade segment dominates the market, accounting for a substantial majority of the total consumption value. Key players like FMC, Rockwood Lithium, SQM, and Tianqi Lithium are actively expanding their production capacity to meet the growing market demand, resulting in a competitive yet rapidly evolving landscape. Geographic distribution shows strong demand from Asia Pacific (particularly China), followed by North America and Europe, reflecting the concentration of EV manufacturing and renewable energy projects in these regions. Growth is further propelled by advancements in battery technology, aiming for higher energy density and improved performance, increasing the demand for high-purity lithium hydroxide monohydrate. However, the market faces challenges such as price volatility in lithium raw materials, geopolitical factors affecting supply chains, and environmental concerns related to lithium mining and processing. The increasing focus on sustainable sourcing and responsible mining practices will play a significant role in shaping the market's future. The industrial-grade segment, while smaller than battery-grade, offers potential for growth in niche applications such as lubricants and specialized chemicals. Future market growth will depend on several factors, including the continued expansion of the EV market, the development of energy storage solutions, and advancements in battery technology, ultimately influencing the overall demand for lithium hydroxide monohydrate.

The Technical Grade Lithium Hydroxide market is poised for robust expansion, projected to reach a significant market size by 2033. Driven by the escalating demand for electric vehicles (EVs) and advancements in battery technology, this market is experiencing a substantial Compound Annual Growth Rate (CAGR) of approximately 15% from 2025 to 2033. Lithium hydroxide, particularly in its technical grade form, is a critical precursor in the production of nickel-rich cathode materials, which offer higher energy density and improved performance for EV batteries. The burgeoning automotive sector's commitment to electrification, coupled with supportive government policies and increasing consumer adoption of EVs, are the primary catalysts fueling this growth. Furthermore, the expanding applications in other sectors, such as advanced ceramics and specialty chemicals, also contribute to the market's upward trajectory. Emerging economies are expected to play a crucial role in this expansion, driven by increasing industrialization and a growing middle class with rising disposable incomes, leading to greater adoption of technologies that rely on technical grade lithium hydroxide. Despite the promising outlook, the market faces certain restraints that could temper its growth. Volatility in lithium raw material prices, geopolitical uncertainties impacting supply chains, and the significant capital expenditure required for new production facilities present considerable challenges. The stringent environmental regulations associated with lithium extraction and processing also necessitate substantial investment in sustainable practices, potentially increasing operational costs. However, ongoing research and development in efficient extraction techniques and the exploration of alternative lithium sources are actively addressing these concerns. Key players in the market, including Albemarle, SQM, and Ganfeng Lithium, are strategically investing in expanding their production capacities and diversifying their portfolios to meet the anticipated demand, while also focusing on innovation to address the evolving needs of downstream industries. The competitive landscape is characterized by strategic collaborations and mergers, aimed at securing raw material access and enhancing market presence across key geographical regions, with Asia Pacific, particularly China, emerging as a dominant force in both production and consumption. This report provides an in-depth analysis of the global Technical Grade Lithium Hydroxide market, offering a comprehensive overview of its present state and future trajectory. Spanning the historical period of 2019-2024 and extending to a detailed forecast up to 2033, with a specific focus on the base and estimated year of 2025, this study utilizes millions as its unit of measurement for market values. The report delves into the intricate dynamics shaping the Technical Grade Lithium Hydroxide industry. It dissects critical factors such as market segmentation, technological advancements, regulatory landscapes, and the competitive strategies of key industry players. Through meticulous research and data-driven insights, this report aims to equip stakeholders with the knowledge necessary to navigate the evolving market, identify emerging opportunities, and mitigate potential risks within the Technical Grade Lithium Hydroxide ecosystem.

Discover the booming lithium hydroxide monohydrate market, projected to reach $46.23 billion by 2033 with a 15% CAGR. Explore key drivers, trends, and restraints shaping this crucial sector for EV batteries and energy storage, along with insights from leading players like FMC, SQM, and Tianqi Lithium.

Explore the London Metal Exchange's strategic inclusion of lithium hydroxide in its trading portfolio, catering to the surging demand from the electric vehicle and energy storage sectors. Discover how this move offers economic advantages, stabilizes price volatility, and aligns with the global shift towards sustainable technologies, despite challenges like supply chain vulnerabilities and environmental concerns in lithium mining.