Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain Press Releases

Lithium Metal Market to Reach $13.5 Billion, Globally, by 2032 at 12.1% CAGR: Allied Market Research

Published

on

lithium-metal-market-to-reach-$135-billion,-globally,-by-2032-at-12.1%-cagr:-allied-market-research

The global lithium metal market is driven by an increase in demand from the electric vehicle industry. The demand for EVs is increasing as governments and consumers worldwide prioritize sustainable transportation, subsequently boosting the demand for lithium metal.

PORTLAND, Ore, Aug. 18, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Lithium Metal Market by Source (Salt Brine Deposits, Lithium-Rich Clays), By Application (Batteries, Alloys, Intermediate, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032”. According to the report, the lithium metal market was valued at $4.3 billion in 2022 and is estimated to reach $13.5 billion by 2032, exhibiting a CAGR of 12.1% from 2023 to 2032.

The global lithium metal market is a pivotal landscape within the global business arena, driven by the escalating demand for lithium-ion batteries across various industries, including electronics, automotive, and renewable energy. As these sectors continue to expand, the need for high-performance, energy-dense batteries has intensified, propelling the demand for lithium metal—a key component in battery production. Companies operating in the lithium metal market are witnessing a dynamic landscape marked by technological advancements, supply chain challenges, and evolving regulatory frameworks. Strategic partnerships, investments in research and development, and efforts to ensure a sustainable and efficient supply of lithium metal are crucial for businesses aiming to capitalize on the growing market opportunities and address the increasing environmental concerns associated with resource extraction and battery disposal.

Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/157376

Prime determinants of growth

Advertisement

The proliferation of smartphones, laptops, tablets, and other portable electronic devices drives the growth of the global lithium metal market. However, there have been concerns about potential supply constraints due to the limited number of lithium metal producers and the time it takes to bring new lithium metal mining operations online. This supply-demand imbalance can lead to price volatility and affect the availability of lithium for various industries. This factor is projected to restrain the growth of the lithium metal market during the forecast period.

Report Coverage & Details:

Report Coverage

Details

Forecast Period

Advertisement

2023–2032

Base Year

2022

Market Size in 2022

$4.3 billion

Advertisement

Market Size in 2032

$13.5 billion

CAGR

12.1 %

No. of Pages in Report

Advertisement

400

Segments covered

Source, Application, and Region.

Drivers

Escalating demand from the electric vehicle (EV) industry

Advertisement

Energy Storage Solutions

Increase in demand for industrial applications

Opportunities

Sustainable mining and recycling

Diversification of lithium metal sources

Advertisement

Restraints

Supply and demand imbalance

Geopolitical Factors

 

Covid-19 Scenario

Advertisement
  • The lithium metal market was negatively impacted due to the wake of the COVID-19 pandemic, owing to its dependence on the aerospace, portable electronics, industrial, and other sectors. The pandemic disrupted supply chains worldwide, including those in the lithium industry.
  • However, the demand for products and technologies that use lithium, such as electric vehicles and renewable energy storage systems, witnessed an incline as economies reopened and economic activities resumed.
  • The demand for electric vehicles has remained the same post-COVID-19 as consumers and governments continue to focus on sustainability and reduce carbon emissions, leading to increased demand for lithium-ion batteries.

The salt brine deposits segment to maintain its lead position during the forecast period

Based on source, the salt brine deposits segment accounted for the largest share in 2022, contributing to around three-fourths of the global lithium metal market revenue. The lithium industry is focusing on extensive R&D to explore new technologies and applications for lithium. While lithium metal from salt brine deposits may not be commonly used nowadays, advancements in battery technology or other specialized applications are projected to create new opportunities for its utilization in the future. The Lithium-Rich Clays segment, on the other hand, would cite the fastest CAGR OF 12.3% by 2032.

Procure Complete Report (400 Pages PDF with Insights, Charts, Tables, and Figures) @ https://bit.ly/47EcTac

The batteries segment to maintain its lead position during the forecast period

Based on the application, the batteries segment accounted for the largest share in 2022, contributing to nearly three-fifths of the global lithium metal market revenue. The global shift toward electric vehicles is one of the primary drivers of the increase in demand for lithium metal used for producing lithium-ion batteries. There is a growing focus on transitioning from fossil-fuel-powered vehicles to electric cars as countries and regions aim to reduce carbon emissions and combat climate change. Furthermore, the widespread use of smartphones, laptops, tablets, and other portable electronic devices has contributed significantly to the demand for lithium metal for producing lithium-ion batteries. The same segment is also projected to showcase the fastest CAGR of 12.4% from 2023 to 2032.

Asia-Pacific to maintain its dominance by 2032

Advertisement

Based on region, Asia-Pacific held the highest market share in terms of revenue in 2022, accounting for more than two-thirds of the global lithium metal market and is projected to register the highest CAGR of 12.2% during the forecast period. The rapid pace of urbanization and industrial development in countries like China and India has led to increased demand for consumer electronics and portable devices. This surge in demand for smartphones, laptops, and other electronic gadgets has driven the need for lithium-ion batteries, which utilize lithium metal. Moreover, the Asia-Pacific region is also home to significant lithium metal resources, particularly in Australia. Developing these local resources contributes to securing a stable supply of lithium metal for the region’s growing industries.

Leading Market Players: –

  • TIANQUI LITHIUM INDUSTRIES INC.
  • SHENZHEN CHENGXIN LITHIUM GROUP CO., LTD.
  • SQM S.A.
  • PIEDMONT LITHIUM
  • A123 SYSTEMS LLC
  • GANFENG LITHIUM CO., LTD.
  • LIVENT
  • ALLKEM LIMITED
  • ALBEMARLE CORPORATION.
  • MINERAL RESOURCES LIMITED

The report provides a detailed analysis of these key players in the global lithium metal market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase their flair in the industry.

Want to Access the Statistical Data and Graphs, Key Players’ Strategies:
https://www.alliedmarketresearch.com/lithium-metal-market/purchase-options

Similar Reports:

Lithium Chloride Market: Global Opportunity Analysis and Industry Forecast, 2021-2031

Advertisement

Lithium Foil Market: Global Opportunity Analysis and Industry Forecast, 2021-2031

Lithium Compounds Market: Global Opportunity Analysis and Industry Forecast, 2023-2032

Metal Casting Market: Global Opportunity Analysis and Industry Forecast, 2021-2031

Metal Abrasives Market: Global Opportunity Analysis and Industry Forecast, 2023-2032

Metal Packaging Market: Global Opportunity Analysis and Industry Forecast, 2020-2030

Advertisement

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com 
Blog: https://www.newsguards.com/
Follow Us on | Facebook | LinkedIn | YouTube |

Advertisement

Logo: https://mma.prnewswire.com/media/636519/3950895/Allied_Market_Research_Logo.jpg

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/lithium-metal-market-to-reach-13-5-billion-globally-by-2032-at-12-1-cagr-allied-market-research-301904536.html

Continue Reading
Advertisement

Blockchain Press Releases

Market Eyes “Crypto President” Inauguration as BTC Tumbles at $100K: Bybit and Block Scholes Analysis

Published

on

market-eyes-“crypto-president”-inauguration-as-btc-tumbles-at-$100k:-bybit-and-block-scholes-analysis

DUBAI, UAE, Jan. 10, 2025 /PRNewswire/ —  Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released the latest crypto derivatives report, published weekly with Blocks Scholes. Noting BTC’s retreat from the $100k mark a week into the new year, the analysis showed on-risk assets including crypto bore the brunt of broader macro factors. Past week’s data indicates heightened uncertainty in market dynamics ahead of Trump’s anticipated Jan. 21 inauguration, highlighting shifting investor sentiment during this significant political transition.

Key Insights:

Perpetuals Took a Winter Break: The perpetual swap market experienced a notable decline in liquidity over the holidays, with trading volumes winding down throughout Dec. 2024, leading to decreased realized volatility across the market. Notably, open interest maintained stability compared to levels preceding the great expiration of options contracts in Dec. 2024, indicating conservative positioning and limited hedging activity in perpetual swap markets.

Wide Disparity Between 30-Day Implied Volatility and 7-Day Realized Volatility: ETH’s options markets signalled an unmistakable preference for call options. In contrast,  BTC’s open interest is rebalancing after the expiration in Dec. 2024. Both ETH and BTC have experienced notable changes in their term structures heading into the new year. The sharp divergence between implied and realized volatility is at its largest since the U.S. elections, suggesting that options traders are paying a premium to price in a higher level of risk or volatility despite the calm at the surface.

ETH Calls Gaining Traction 

Advertisement

There has been a reshuffling in ETH open interest. While put options still hold sway in terms of total volume, call contracts have seen an uptick after Dec. However, the optimism comes with a caveat—the decline in realized volatility in the year so far has given options traders pause. The volatility term structure has steepened further, with short-term volatility (measured at a 30-day tenor) still sitting more than 15 points above its realized counterpart. This gap is the widest since the pre-election period of 2024, when geopolitical uncertainty fueled volatility premiums. Today, however, the premium seems driven more by general speculation than by any specific event. Even as the market settles, investors remain cautious, signaling looming uncertainty.

Access the Full Report here.

#Bybit / #TheCryptoArk /#BybitResearch

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

Advertisement

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: [email protected]

For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Bybit Logo

Photo – https://mma.prnewswire.com/media/2595392/Sources_Bybit_Block_Scholes.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/market-eyes-crypto-president-inauguration-as-btc-tumbles-at-100k-bybit-and-block-scholes-analysis-302347880.html

Advertisement
Continue Reading

Blockchain Press Releases

HTX 2025 Outlook: Five Sectors to Look Forward to, and How Trump’s Policy Will Affect Crypto Industry

Published

on

htx-2025-outlook:-five-sectors-to-look-forward-to,-and-how-trump’s-policy-will-affect-crypto-industry

SINGAPORE, Jan. 10, 2025 /PRNewswire/ — The year 2024 marks a significant chapter in the history of the crypto industry, where we witnessed continuous breakthroughs in blockchain technology, surges in Bitcoin price, and a gradually more open regulatory environment, with cryptocurrencies gaining increasing recognition from the mainstream. As 2025 unfolds, HTX, the world’s leading digital asset exchange, has released its latest report, HTX 2024 Global Web3 Blockchain Ecosystem Review and 2025 Outlook, which provides forward-looking insights into the development prospects of the crypto industry.

Key Sectors for 2025

In the report, HTX highlighted five key sectors that showed encouraging progress last year, and will continue to closely monitor these areas in 2025.

Bitcoin Ecosystem

In 2024, Bitcoin’s market dominance kept increasing, solidifying its position as the core asset, with spot ETFs acting as liquidity channels, and U.S. listed companies such as MicroStrategy (MSTR) serving as the vehicles to absorb unlimited dollar liquidity.

Advertisement

As a result, it is increasingly essential to further develop Bitcoin’s ecosystem and enhance capital utilization efficiency. With strong support from macro markets and infrastructure support, a further surge in Bitcoin demand over the next two years is well-anticipated.

Infrastructure

Infrastructure remained a cornerstone in 2024’s crypto investments and funding. The synergy between capital and technology has driven the rapid development of Layer 1, Layer 2,  and middleware projects, among others.

Layer 1 solutions, in particular, now represent the focal point of technical development and exploration within the crypto space, and it is expected to remain a priority for development resources and capital investment in the future.

Meme Coins

Advertisement

The Meme coin sector emerged as a hotspot in 2024, fostering community consensus while integrating with fields like DeFi and GameFi to create new use cases. As the crypto market environment grows increasingly favorable, more retail investors are expected to enter the market, positioning Meme projects as vital channels for capital inflows.

AI

In 2024, the intersection of Crypto and AI sector has been driving the exploration of several segmented fields, the hottest one of which is AI agents. In the future, AI agents will gradually become personal butlers and assistants for users, serving them with comprehensive capabilities. Over time, they may develop unique cultures and religions.

This deep integration of AI and encryption technology is a groundbreaking evolution that is unattainable within Web2 and cannot be achieved by Web3 relying solely on encryption technology.

TON Ecosystem

Advertisement

Attributable to Telegram’s hundreds of millions of users and robust technical support, the TON ecosystem achieved significant milestones in various fields, pioneering the monetization of Web2 social applications through crypto. Moving into 2025, it needs to explore and find new business models to improve user retention and identify its next growth curve.

Donald Trump Effect: Bitcoin Strategic Reserve Worth Anticipating

The report also discusses the potential impact of crypto-friendly policies that could arise after Donald Trump takes office. Two important bills, the FIT21 Act and the Bitcoin Strategic Reserve Act, are likely to pass more quickly thanks to him.

The FIT21 Act aims to create a clear legal framework for token issuance and trading by classifying tokens as digital assets or digital commodities, transferring the regulatory responsibilities of many blockchain projects from the SEC to the CFTC, and introducing a safe harbor mechanism. This would help standardize and promote the healthy growth of the entire industry.

The Bitcoin Strategic Reserve Act, aligning with Trump’s campaign promises, if passed, would mark Bitcoin’s transition from a niche asset to a nationally recognized reserve asset, greatly enhancing its legitimacy and recognition. It may also prompt other countries to adopt similar measures to further advance Bitcoin’s global recognition and application.

Advertisement

The Act was submitted to Congress for deliberation on August 4, 2024, and referred to the Senate Banking Committee for review. Trump is well-positioned to push this bill through. Meanwhile, several U.S. states have already proposed their own Bitcoin Strategic Reserve bills. By 2025, Bitcoin as a strategic reserve may become a reality.

Additionally, under Trump’s presidency, the SAB121 Act is likely to be repealed, allowing traditional financial institutions to hold cryptocurrencies on their balance sheets, further accelerating the institutionalization of crypto assets and contributing to the overall maturity of the crypto market. The SEC’s application criteria of the Howey Test may also be relaxed, increasing the likelihood of more spot crypto ETFs being approved and more public listings of crypto companies.

Meanwhile, the report also provides a comprehensive summary of 2024, looking back on the key events that had a major impact on the crypto industry while summing up what HTX had achieved over the last year.

To learn more, please visit: https://square.htx.com/htx-2024-global-web3-blockchain-ecosystem-review-and-2025-outlook/ 

About HTX

Advertisement

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, we harbor global capabilities that enable us to provide users with safe and reliable services.

Our growth strategy – “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance”, underpins our commitment to providing quality services and values to virtual asset enthusiasts worldwide.

Contact Details

Ruder Finn Asia
[email protected] 

Advertisement

Company Website
https://www.htx.com

Photo – https://mma.prnewswire.com/media/2595311/image_838145_24282172.jpg
Logo – https://mma.prnewswire.com/media/2391903/image_ID__Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/htx-2025-outlook-five-sectors-to-look-forward-to-and-how-trumps-policy-will-affect-crypto-industry-302347870.html

Continue Reading

Blockchain Press Releases

Vietnam’s Youth Rally Behind Blockchain: KuCoin Reveals Groundbreaking Insights at VTIS 2024

Published

on

vietnam’s-youth-rally-behind-blockchain:-kucoin-reveals-groundbreaking-insights-at-vtis-2024

HANOI, Vietnam, Jan. 10, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is excited to share the findings from its second edition of the KuCoin Campus Survey, conducted during the Vietnam Technology & Investment Summit (VTIS) 2024. With 926 participants surveyed from December 3rd to December 4th, 2024, the results underscore the vibrant interest in blockchain technologies among Vietnam’s youth, reinforcing KuCoin’s commitment to nurturing this vital market.

The survey, a key initiative under KuCoin Campus, highlights a strong, positive sentiment towards cryptocurrencies, with 92% of participants optimistic about the future of digital assets. Remarkably, 82% of respondents are considering blockchain-related careers, signaling a burgeoning talent pool eager for development and opportunities within the industry.

Vietnam’s strategic importance to both KuCoin and the broader crypto community is evident as 68% of participants expressed a “very high interest” in blockchain, making it a critical hub for crypto innovations and community engagement. Additionally, 73% of respondents currently hold cryptocurrencies, demonstrating a mature market ready for further expansion and adoption.

The survey also uncovered a significant inclination towards diverse blockchain roles, with data analysis (24%), marketing (22%), and business development (21%) being the most coveted. These insights are invaluable as they highlight the areas of highest potential and interest among the future workforce.

Vietnam has been and will continue to be a key market for us,” said Alicia Kao, the Managing Director of KuCoin. “As the People’s Exchange, we are committed to empowering and equipping this new generation with the tools they need to succeed in the evolving digital landscape.”

Advertisement

View the full report here (EN version, VN Version), or visit KuCoin’s official website for further information.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.

Photo – https://mma.prnewswire.com/media/2595229/image_5002362_11273757.jpg
Logo – https://mma.prnewswire.com/media/2356857/5109491/KuCoin_Horizontal_Green_LOGO_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/vietnams-youth-rally-behind-blockchain-kucoin-reveals-groundbreaking-insights-at-vtis-2024-302347817.html

Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE