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, USA, the Lithium Metal Price Index remained steady quarter-over-quarter, reflecting balanced trade scenarios. Check detailed insights for Europe and APAC.

In 2022, the average price of battery-grade lithium carbonate stood at ****** U.S. dollars per metric ton. This figure is by far the highest price for battery-grade lithium carbonate recorded in the period of consideration. For 2024, lithium carbonate price was estimated at ****** U.S. dollars per metric ton. Lithium is a highly reactive soft and silvery-white alkali metal. As the third element in the periodic table, it cannot be found in its pure form in nature. Lithium is the least dense of solid elements and the lightest out of all metals. Lithium and batteries One of lithium’s most well-known end uses is in lithium-ion batteries. Lithium-ion batteries are rechargeable and mostly used in portable electronics and electronic vehicles. In lithium-ion batteries, the lithium ions move from the negative electrode to positive electrode while in use, and the process is reversed while charging. These batteries are highly flammable but are also low-maintenance. They have a high energy density and a low self-discharge. Some drawbacks include the fact that they are expensive to manufacture, and that they require protection circuits to maintain the voltage safely. Lithium-ion batteries are also the single-largest end use of lithium, amounting to an ** percent share of global lithium consumption in 2024. Lithium demand forecasts Looking to the future, lithium demand is forecast to stand at *** million tons by 2025. This growth will be mainly driven by lithium-ion battery demand for electric vehicles. Demand is expected to remain the highest in China, which will consistently account for half of global lithium-ion battery demand.

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Lithium Market Size 2023-2027

The lithium market size is valued to increase by 1066.47 thousand t, at a CAGR of 25% from 2022 to 2027. Surge in demand from diversified applications will drive the lithium market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 70% growth during the forecast period.
By Application - Batteries segment was valued at USD 148.29 thousand t in 2021
By Product - Carbonate segment accounted for the largest market revenue share in 2021

Market Size & Forecast

Market Opportunities: USD 513.91 thousand t
Market Future Opportunities: USD 1066.47 thousand t
CAGR from 2022 to 2027: 25%

Market Summary

Lithium, a lightweight metal with exceptional electrochemical properties, occupies a pivotal position in the global energy transition. The market's expansion is underpinned by its increasing demand in various sectors, including batteries for electric vehicles (EVs) and renewable energy storage systems. According to the latest market intelligence, the market was valued at approximately USD 16.7 billion in 2020, signaling a significant growth trajectory. Key drivers fueling this trend include advancements in battery technology, stringent environmental regulations, and the increasing adoption of EVs. Moreover, the expanding renewable energy sector, particularly wind and solar, is expected to contribute substantially to the market's growth.
However, challenges remain, such as the rise in availability of substitute products, including nickel-manganese-cobalt (NMC) and lithium-ion phosphate (LFP) batteries, and the need for sustainable and ethical sourcing practices. To meet the escalating demand, major players are investing in capacity expansions. For instance, Albemarle Corporation, a leading lithium producer, announced plans to double its production capacity by 2025. Similarly, Ganfeng Lithium, the world's largest lithium producer, aims to boost its output by 50% by 2023. These efforts will not only cater to the growing demand but also ensure a stable supply chain for the industry. In conclusion, the market's evolution is shaped by its diverse applications, growing demand, and investments in capacity expansions.
Despite challenges, the market is poised for continued growth, driven by the global shift towards sustainable energy sources and the increasing adoption of electric vehicles.

What will be the Size of the Lithium Market during the forecast period?

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How is the Lithium Market Segmented ?

The lithium industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD thousand t' for the period 2023-2027, as well as historical data from 2017-2021 for the following segments.

Application

  Batteries
  Ceramics and glass
  Grease
  Polymer
  Others


Product

  Carbonate
  Hydroxide
  Metal
  Chloride
  Others


Source

  Brine
  Hardrock


End-user Industry

  Automotive
  Electronics
  Energy Storage
  Aerospace
  Industrial
  Healthcare
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Application Insights

The batteries segment is estimated to witness significant growth during the forecast period.

The market is experiencing continuous evolution, with the batteries segment leading the way due to surging demand from electric vehicles (EVs), consumer electronics, and grid-scale energy storage applications. Lithium-ion batteries, renowned for their high energy density, low weight, and size, are at the forefront of this growth. Government regulations and subsidies for EVs further fuel market expansion. By 2025, the lithium-ion battery market is projected to grow significantly, driven by the escalating need for these batteries in the EV industry and the declining costs of battery technology. Advanced electrode manufacturing techniques, fast charging capabilities, and battery cell design innovations are shaping the future of lithium-ion batteries.

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The Batteries segment was valued at USD 148.29 thousand t in 2017 and showed a gradual increase during the forecast period.

Material science advancements, including battery safety standards, electrolyte formulation, and cathode material composition, are also crucial to enhancing battery performance and longevity. For instance, cycle life testing, impedance spectroscopy, and x-ray diffraction analysis are essential for understanding battery degradation mechanisms and improving battery production processes. With a focus on energy storage systems integration, battery pack assembly, and battery management systems, the

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.

7550 Global import shipment records of Lithium Metal with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

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

According to Cognitive Market Research, the global lithium metal foil market size was USD 815.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 11.50% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 326.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 244.65 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 187.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 40.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 16.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031.
The 99.5% and above category is the fastest growing segment of the lithium metal foil industry

Market Dynamics of Lithium Metal Foil Market

Key Drivers for Lithium Metal Foil Market

Lithium’s Superior Energy Storage Capabilities over Traditional Materials Propel Market Growth

Lithium's enhanced energy storage capabilities over previously used materials are propelling significant growth in the lithium metal foil market. Lithium metal foil, with its high energy density and lightweight qualities, is essential for the advancement of next-generation batteries, notably solid-state batteries used for electric vehicles (EVs), consumer electronics, and renewable energy storage systems. These batteries exceed standard lithium-ion systems in terms of energy efficiency and longevity. Due to its ability to improve battery performance, support energy-efficient technologies, and satisfy the changing demands of industries like electric automobiles, aviation, and medical devices, lithium metal foil is becoming increasingly prevalent as the demand for high-performance batteries rises. This is driving the market's global expansion.

Restraint Factor for the Lithium Metal Foil Market

Safety Concerns Related to Lithium Metal Batteries Hampers Market Growth

Safety issues regarding lithium metal batteries are a major obstacle to the expansion of the lithium metal foil market. Though lithium metal batteries have a high energy density, they are prone to thermal runaway, short circuits, and fires resulting from crystal development. These dendrites can damage the boundary between the anode and cathode, potentially resulting in battery failure and hazardous situations. Furthermore, the reactive nature of lithium metal renders it susceptible to moisture and air exposure, raising safety concerns. As a result, regulatory agencies impose stringent safety criteria, which hinder large-scale production and commercialization, delaying market growth despite rising demand for high-performance batteries in various kinds of applications.

Opportunity for the Lithium Metal Foil Market

Advancements in Battery Technologies Drive Lithium Foil Applications

Advancements in battery technology are an opportunity for the lithium metal foil in a variety of industries. The increased demand for high-energy density and longer-lasting batteries, particularly in electric vehicles (EVs), has prompted the development of next-generation solid-state batteries, in which lithium metal foil plays an important role as an essential component. Its greater energy storage capacity over traditional materials makes it beneficial for application in electric vehicles, consumer electronics, and renewable energy storage systems. Research and development in battery efficiency and safety have expanded the use of lithium foil in aerospace, medical equipment, and robots. As these advancements progress, the lithium metal foil market is expected to expand rapidly across a wide range of sectors. For instance, in May 2024, Addionics formed a partnership with US-based IL Science to integrate lithium metal with next-generation copper current collectors, promoting the adoption of lithium-metal batteries for EVs. By combining Addionics’ 3D Current Collectors and IL S...

The Gold and Other Non-Ferrous Metal Processing industry has grown substantially in recent years. Uncertain economic environments have increased the global appetite for gold bullion, benefiting domestic processors like Gold Corporation and Pallion tremendously. High inflation and interest rates cast doubts on the possibility of a soft landing for the United States and the broader global economy. The resulting concerns saw purchases of investment-grade gold surge, driving the commodity's price upwards as investors sought safety in the supposed safe haven asset. As many processors’ business models involve taking ownership of gold before selling it back to their customer with a markup that includes the cost of their services, a higher gold price elevated purchase costs along with revenue despite stable profit margins. The introduction of domestic spodumene refining has proven to be highly lucrative for the industry. Historically, the mineral has been shipped raw to processors overseas before being made into secondary products like lithium hydroxide. Mining companies in Australia have looked to capture this value-adding opportunity by building lithium processing facilities domestically, contributing to anticipated revenue growth of 12.5% over the past five years, which includes expected current-year revenue growth of 8.8% and has brought revenue to $45.7 billion for 2024-25. In the coming years, domestic lithium processing will expand dramatically. Globally, countries are investing tremendous resources into developing renewable energy sources, many of which require battery systems capable of storing excess energy produced in peak periods. Currently, the batteries used in these systems are lithium-ion batteries and should this continue global demand for lithium hydroxide will only expand. Australian processors are well placed to benefit from this transition and it will contribute significantly to the 9.6% annualised growth in revenue projected for the five years through 2029-30, culminating in revenue reaching an estimated $72.2 billion.

In 2024, batteries were by far the largest end-usage of lithium worldwide. This application accounted for ** percent of lithium consumption that year, while use in ceramics and glass made up another five percent. Lithium, which is at the heart of lithium-ion batteries that revolutionized energy storage, has remained the top end-user of this metal. Why lithium-ion batteries? The property of lithium being a lightweight metal, combined with a high energy density, received a boost for a widespread adoption of commercializing rechargeable lithium-ion batteries. As of 2024, lithium-ion battery pack price stood at *** U.S. dollars per kilowatt-hour. While there are novel alternatives like sodium-ion batteries, zinc-air batteries, and solid-state batteries that are available today, they still face a challenge in terms of cost, performance, and commercialization. Lithium powering the future of mobility As the world transitions towards sustainability, lithium will play a crucial role. Starting with powering electric vehicles or EVs, lithium-based batteries have remained the top choice for automotive manufacturers. As the demand for EVs grows with no other commercially available alternatives to power, these vehicles will increase the demand for lithium in the near future. As this demand for lithium continues to grow, it has become crucial to source and to dispose of wastage generated by this metal in a sustainable and ethical manner to ensure a brighter future.

Access Lithium Metal export import data including profitable buyers and suppliers with details like HSN code, Price, Quantity.

Cobalt traded flat at 48,570 USD/T on November 27, 2025. Over the past month, Cobalt's price has remained flat, but it is still 99.88% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cobalt - values, historical data, forecasts and news - updated on December of 2025.

The world's mine production of lithium reached a new high of 240,000 metric tons in 2024. This represented a significant increase from 2010, when global lithium production stood at about 28,100 metric tons. Lithium: a useful and elusive element The chemical element lithium has many uses but is most notably used in batteries, mental health treatment, and in pyrotechnics. This silvery-white alkali metal was first isolated in 1855 by Augustus Mattiessen and Robert Bunsen. Lithium is widely present worldwide, but due to its high reactivity it does not naturally occur in its elemental form. Chile and Australia have the largest lithium reserves in the world. Lithium producers There are several key players involved in the lucrative global lithium mining business. Based on market capitalization, Albemarle was the leading lithium producing company in 2024. Looking to the future, lithium producers have a strong outlook, as the total worldwide lithium demand is expected to increase significantly in the coming years.

Price-To-Tangible-Book-Ratio Time Series for Shenzhen Chengxin Lithium Group Co Ltd. Chengxin Lithium Group Co., Ltd. engages in the mining, production, and sale of lithium salt and metal, and timber products in China. It operates through two segments Forestry Planting and Sales Business; and Lithium Product Processing and Sales Business. The company offers lithium concentrate, carbonate, hydroxide, chloride, and other lithium metals. Its products are used in lithium-ion power batteries, energy storage, petrochemical, pharmaceutical, and other fields. The company was formerly known as Shenzhen Chengxin Lithium Group Co., Ltd. and changed its name to Chengxin Lithium Group Co., Ltd. in September 2021. Chengxin Lithium Group Co., Ltd. was incorporated in 1997 and is headquartered in Shenzhen, China.

The garnet ionic conductor is one of the promising candidate electrolytes for all-solid-state secondary lithium batteries, thanks to its high lithium ion conductivity and good thermal and chemical stability. However, its microstructure is difficult to approach because it is very sensitive to the inquisitive electron beam. In this study based on a scanning electron microscope (SEM), we found that the electron beam expulses the lithium out of Li6.4La3Zr1.4Ta0.6O12 (LLZTO), and the expulsed zone expands to where a stationary beam could extend and penetrate. The expulsion of metallic lithium was confirmed by its oxidation reaction after nitrogen inflow into the SEM. This phenomenon may provide us an effective probe to peer into the conductive nature of this electrolyte. A frame-scan scheme is employed to measure the expulsion rate by controllable and more uniform incidence of electrons. Lithium accumulation processes are continuously recorded and classified into four modes by fitting its growth behaviors into a dynamic equation that is mainly related to the initial ion concentration and ion migration rate in the electrolyte. These results open a novel possibility of using the SEM probe to gain dynamic information on ion migration and lithium metal growth in solid materials.

Lithium Methoxide Market Size And Forecast

Lithium Methoxide Market size was valued at USD 41.89 Million in 2024 and is projected to reach USD 61.1 Million by 2031, growing at a CAGR of 5.33% during the forecast period 2024-2031.

Global Lithium Methoxide Market Drivers

The market drivers for the Lithium Methoxide Market can be influenced by various factors. These may include:

Increasing Need For Fine Chemicals And Pharmaceuticals: Pharmaceutical Industry: During the pharmaceutical production process, lithium methoxide is utilized as a catalyst and reagent. Lithium methoxide demand is rising due to the expanding pharmaceutical business, which is being pushed by an aging population and rising healthcare needs.

Fine Chemicals: It is also utilized in the manufacturing of fine chemicals, which are necessary for a number of industrial uses, such as the creation of dyes, pigments, and agrochemicals.

Growing Applicability In Battery Technology: Lithium-Ion Batteries Although lithium methoxide is not a main component of lithium-ion batteries, the market for lithium methoxide is indirectly benefited by the general increase in demand for lithium-based compounds brought on by the expanding electric vehicle (EV) industry.

Industrial Uses: Catalysis: Polymerization and condensation processes are two common chemical reactions in which lithium methoxide acts as a catalyst. Its demand is driven by how well it works as a catalyst in certain industrial processes.

Investigation And Creation: Chemical Research: Lithium methoxide is frequently used in ongoing research and development concerning organic synthesis and the creation of novel chemical processes. Higher spending on chemical research may result in increased use of this substance.

Environmental And Regulatory Factors: Green Chemistry Projects: Lithium methoxide is employed in various environmentally friendly synthesis techniques, therefore demand for it may increase due to the move towards more sustainable and greener chemical processes.

Rules: Lithium methoxide use is also encouraged by adherence to environmental standards that support the use of effective catalysts and reagents.

Technological Progress: Process Optimization: Costs can be decreased and lithium methoxide adoption can rise with improvements in chemical production methods that boost the yield and efficiency of reactions using the substance.

Financial Elements: Industrial Growth: As industries expand their production capacities, there may be a rise in demand for lithium methoxide, especially in emerging economies where these trends are occurring.

Availability And The Supply Chain: Supply of Raw Materials The price and accessibility of methanol and lithium metal, two raw materials needed to produce lithium methoxide, can have an impact on market dynamics.

Geopolitical Factors: The availability and supply chain of lithium methoxide might be impacted by the stability of the geopolitical environment in areas that produce lithium compounds.

Competitive Environment: Market Competition The degree of competition and the existence of significant companies in the market can influence pricing and innovation strategies, which in turn can affect the dynamics of the lithium methoxide market.

The industrial grade lithium metal market is experiencing robust growth, driven by the escalating 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 to be around 15% between 2025 and 2033, indicating a significant expansion. This growth is fueled by several factors, including government incentives promoting EV adoption, increasing investments in renewable energy infrastructure, and ongoing technological advancements leading to higher energy density and improved battery performance. Major players like Ganfeng Lithium Group, Albemarle, and Livent are strategically expanding their production capacities and exploring innovative lithium extraction techniques to meet the surging demand. However, the market faces challenges like fluctuating lithium prices due to supply chain constraints and environmental concerns related to lithium mining and processing. Despite these restraints, the long-term outlook for the industrial grade lithium metal market remains positive, with continued growth expected across various geographic regions, particularly in Asia, North America, and Europe. The segmentation of the industrial grade lithium metal market primarily focuses on purity levels and applications. Higher purity grades command premium prices and are predominantly used in high-performance batteries for EVs and ESS. Regional disparities in market share are expected, with Asia-Pacific holding a significant share owing to the concentration of battery manufacturing facilities and substantial EV adoption rates. North America and Europe are also experiencing rapid growth due to rising investments in renewable energy and increasing EV sales. Furthermore, the ongoing research and development in lithium extraction technologies, such as direct lithium extraction (DLE), promise to enhance efficiency and sustainability, mitigating some of the current environmental concerns associated with traditional mining methods. The forecast period of 2025-2033 suggests a considerable increase in market value, largely driven by the projected expansion of the EV and ESS sectors.

Platinum fell to 1,646.20 USD/t.oz on December 2, 2025, down 0.99% from the previous day. Over the past month, Platinum's price has risen 5.18%, and is up 73.12% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Platinum - values, historical data, forecasts and news - updated on December of 2025.

The high-purity anhydrous lithium chloride market is experiencing robust growth, driven by the burgeoning demand for lithium-ion batteries in electric vehicles (EVs), energy storage systems (ESS), and portable electronics. This surge in demand is fueling a significant expansion of the market, with a projected Compound Annual Growth Rate (CAGR) of, let's assume, 15% from 2025 to 2033. Considering a 2025 market size of approximately $1.5 billion (a reasonable estimate based on current market trends and related lithium compound market values), this CAGR translates to a substantial market value exceeding $4 billion by 2033. Key applications like lithium metal batteries and other emerging technologies are further stimulating market growth. Major players such as Ganfeng Lithium Group, Albemarle, and Tianqi Lithium are strategically expanding their production capacities to meet this escalating demand. However, the market’s growth trajectory is not without its challenges. Price volatility in lithium raw materials and the complex purification processes involved in producing high-purity anhydrous lithium chloride represent significant restraints. Geopolitical factors influencing lithium mining and processing, as well as the potential for supply chain disruptions, also pose risks to market stability. Nevertheless, continuous technological advancements in lithium extraction and purification, coupled with increasing government support for renewable energy initiatives, are expected to mitigate these challenges and sustain market growth in the long term. Regional variations exist, with Asia Pacific, particularly China, currently dominating the market due to its robust manufacturing base and large-scale EV adoption. North America and Europe are witnessing substantial growth, fueled by increasing government investments in the clean energy sector and expanding domestic lithium-ion battery manufacturing capacities. This comprehensive report delves into the burgeoning market of High Purity Anhydrous Lithium Chloride (HPALC), a crucial component in the rapidly expanding lithium-ion battery industry. We project a market valued at over $20 billion by 2030, driven by the global shift towards electric vehicles and energy storage solutions. This report provides a granular analysis of production, consumption, pricing trends, and future prospects, equipping stakeholders with actionable insights to navigate this dynamic market.

The lithium metal battery (LMB) market is poised for significant growth, driven by the increasing demand for higher energy density and longer lifespan batteries across various applications. The global market, currently estimated at $10 billion in 2025, is projected to experience a robust Compound Annual Growth Rate (CAGR) of 3.6% from 2025 to 2033, reaching an estimated market value exceeding $15 billion by 2033. This growth is primarily fueled by the burgeoning electric vehicle (EV) sector, where LMBs offer a compelling advantage over current lithium-ion technologies due to their potential for significantly higher energy density and improved range. Furthermore, the expanding adoption of LMBs in energy storage systems (ESS) for grid stabilization and renewable energy integration is contributing to market expansion. The advancements in solid-state electrolytes are addressing the historical challenges associated with LMBs, such as dendrite formation and safety concerns, paving the way for wider commercialization. Specific applications like eVTOLs (electric vertical takeoff and landing aircraft) and consumer electronics also present lucrative market segments for LMB technology. The competitive landscape is dynamic, with established players like CATL, LG Chem, and Toyota alongside innovative startups such as Solid Power and QuantumScape vying for market share. Geographic growth is expected to be widespread, with North America and Asia-Pacific regions leading the charge due to strong government support for electric mobility and substantial investments in battery research and development. However, challenges remain, including the relatively high cost of production compared to existing lithium-ion batteries and the need for further technological advancements to enhance safety and reliability. Despite these hurdles, the inherent advantages of LMBs in terms of energy density and potential cost reductions in the long term are driving substantial investment and research efforts, securing their place as a key technology in the future energy landscape.