Table of Contents 1 Report Prologue 11 2 Market Definition 13 2.1 Definition 13 2.2 Scope of the Study 13 2.3 Research Objectives 13 2.4 Assumptions 14 2.5 Limitations 14 2.6 Markets Structure 14 3 Research Methodology 16 3.1 Research Process 16 3.2 Primary Research 17 3.3 Secondary Research 17 3.4 Market Size Estimation 18 3.5 Forecast Model 19 4 Market Dynamics 20 4.1 Drivers 20 4.1.1 Emergence of electric vehicle majorly drives global market. 20 4.1.2 Growing demand for portable electronic devices led to increasing demand for Li-ion batteries. 21 4.1.3 Increasing glass and ceramic production raised positive demand for lithium derivative. 21 4.2 Restraints 22 4.2.1 High investment cost is posed as a key growth barrier for lithium derivative market. 22 4.2.2 Lack of professionals in lithium extraction activities results into fail new lithium start-ups by having negative impact on global growth. 22 4.3 Opportunities 23 4.3.1 High adaptability of electric vehicles anticipated to provide massive growth opportunities. 23 4.3.2 Emerging applications of lithium derivatives in aluminium smelting likely to uncover several growth prospects. 24 4.4 Trends 24 4.4.1 Growing demand for lithium-ion batteries in grid connected storage. 25 5 Market Factor Analysis 26 5.1 Supply Chain Analysis 26 5.1.1 Raw Lithium Mining 26 5.1.2 Lithium Process Manufacturing i.e. Lithium Derivatives Producers 26 5.1.3 Distributers 27 5.1.4 End Users 27 5.2 Porter’s 5 forces Analysis 27 5.2.1 Competitive Rivalry (HIGH) 28 5.2.2 Threat of new entrants (MEDIUM) 28 5.2.3 Threat of substitute (HIGH) 28 5.2.4 Bargaining power of supplier (LOW) 29 5.2.5 Bargaining of power of consumer (HIGH) 29 6 Global Lithium Derivatives Market, By Type 30 6.1 Introduction 30 6.2 Lithium Carbonate 32 6.3 Lithium Hydroxide 33 6.4 Lithium Concentrated 34 6.5 Lithium Metal 35 6.6 Butyl Lithium 36 6.7 Lithium Chloride 37 6.8 Others 38 7 Global Lithium Derivatives Market, By Application 40 7.1 Introduction 40 7.2 Batteries 43 7.3 Glass & Ceramic 44 7.4 Lubricating Greases 45 7.5 Metallurgic 45 7.6 Air Treatment 47 7.7 Aluminum Smelting 48 7.8 Polymer 49 7.9 Others 50 8 Global Lithium Derivative Market, by Region 51 8.1 Introduction 51 8.2 North America 53 8.3 Europe 62 8.4 Asia Pacific 89 8.5 Latin America 109 8.6 Middle East & Africa 123 9 Competitive Landscape 140 9.1 Introduction 140 9.2 Market Share Analysis 140 9.3 Key Developments 141 10 Company Profile 142 10.1 Albemarle Corporation 142 10.1.1 Company Overview 142 10.1.2 Product/Business Segment Overview 142 10.1.3 Financials 143 10.1.4 Key Developments 143 10.2 SQM 144 10.2.1 Company Overview 144 10.2.2 Product/Business Segment Overview 144 10.2.3 Financial 145 10.2.4 Key Developments 145 10.3 FMC Corporation. 146 10.3.1 Company Overview 146 10.3.2 Product/Business Segment Overview 147 10.3.3 Financials 148 10.3.4 Key Developments 148 10.4 Sichuan Tianqi Lithium Industries Inc. 149 10.4.1 Company Overview 149 10.4.2 Product/Business Segment Overview 149 10.4.3 Financials 150 10.4.4 Key Developments 150 10.5 Jiangxi Ganfeng Lithium Co Ltd 151 10.5.1 Company Profile 151 10.5.2 Product/Business Segment Overview 151 10.5.3 Financial 151 10.5.4 Key Developments 152 10.6 General Lithium (Haimen) Corporation 153 10.6.1 Company Overview 153 10.6.2 Product/Business Segment Overview 153 10.6.3 Financials 153 10.6.4 Key Developments 153 10.7 ZHONGHE CO., LTD 154 10.7.1 Company Overview 154 10.7.2 Product/Business Segment Overview 154 10.7.3 Key Developments 154 11 Conclusion 155