Automotive & Mobility Components · Direct
Monitoring · monthlyProcurement Category Intelligence
Battery Materials - Lithium
Overview
Market size
$72.0B
global, USD
CAGR
7.5%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
16
tracked players
Signals
12
monitored
Market outlook
2031$103.4B
What changed
Demand by region
Asia Pacific demand68%
Europe demand16%
North America demand12%
Rest of world demand4%
share of global demandtotal 100%
Cost drivers
Raw Material Feedstocks62%
Energy and Chemical Utilities16%
Labor and Processing11%
Logistics and Freight6%
Manufacturing Overhead5%
share of delivered cost (analyst estimate)