Global Lithium Market to Grow at a CAGR of 7.84% During the Period 2016 - 2020; Finds New Report
Report forecast the global lithium market to grow at a CAGR of 7.84% during the period 2016-2020. Lithium is recovered from brine, pegmatites, and sedimentary rocks. It is extracted from brine in the form of lithium chloride. Lithium is derived from spodumene, a commercially exploited hard rock mineral, through acid fusion. Lithium and its derivative compounds are used in many end-use segments such as batteries, ceramics and glass, lubricants, metallurgy, air treatment, and polymers. In addition, lithium compounds are used...
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