Lithium Carbonate Market Trends: Pricing Shifts, Supply Crunch & EV Adoption
Lithium Battery Lithium Carbonate Market is experiencing unprecedented growth, valued at USD 16.09 billion in 2024. Industry forecasts predict this market will surge to USD 35.21 billion by 2031, expanding at an impressive CAGR of 12.1%. This remarkable growth trajectory is driven by accelerating demand across the electric vehicle (EV), energy storage, and consumer electronics sectors – all critical pillars of the global energy transition.