North America Lithium Carbonate Market Size & Outlook
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North America lithium carbonate market highlights
- The North America lithium carbonate market generated a revenue of USD 5,850.2 million in 2024.
- The market is expected to grow at a CAGR of 15.8% from 2025 to 2030.
- In terms of segment, lithium-ion batteries was the largest revenue generating battery type in 2024.
- Lithium-ion Batteries is the most lucrative battery type segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 5,850.2 million |
| Market revenue in 2030 | USD 14,021.8 million |
| Growth rate | 15.8% (CAGR from 2025 to 2030) |
| Largest segment | Lithium-ion batteries |
| Fastest growing segment | Lithium-ion Batteries |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lithium-ion Batteries, Lithium-metal Batteries, Others (if any) |
Other key industry trends
- In terms of revenue, North America region accounted for 22.2% of the global lithium carbonate market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 14,021.8 million by 2030.
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Lithium Carbonate Market Scope
Lithium Carbonate Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Steyuan Mineral Resources Group | View profile | 51-100 | Tianjing, Tianjin, China, Asia | https://www.steyuan.com |
| Livent | View profile | 1001-5000 | Philadelphia, Pennsylvania, United States, North America | https://livent.com/ |
| Tianqi Lithium | View profile | 1001-5000 | Chengdu, Sichuan, China, Asia | http://en.tianqilithium.com |
| Ganfeng Lithium | View profile | 10001+ | Shanghai, Shanghai, China, Asia | http://www.ganfenglithium.com/ |
| SQM Group | View profile | 101-250 | Coeur D'alene, Idaho, United States, North America | https://www.sqmgroup.com/company |
| Pilbara Minerals Ltd | View profile | 768 | 146 Colin Street, Level 2, West Perth, Perth, WA, Australia, 6005 | https://www.pilbaraminerals.com.au |
| Lithium Americas Corp | View profile | - | 900 West Hastings Street, Suite 300, Vancouver, BC, Canada, V6C 1E5 | https://www.lithiumamericas.com |
| Albemarle Corp | View profile | 9000 | 4250 Congress Street, Suite 900, Charlotte, NC, United States, 28209 | https://www.albemarle.com |
North America lithium carbonate market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lithium carbonate market will help companies and investors design strategic landscapes.
Lithium-ion batteries was the largest segment with a revenue share of 61.75% in 2024. Horizon Databook has segmented the North America lithium carbonate market based on lithium-ion batteries, lithium-metal batteries, others (if any) covering the revenue growth of each sub-segment from 2018 to 2030.
The region's burgeoning electric vehicle (EV) industry primarily drives the North American lithium carbonate market. Governments across the U.S. and Canada are introducing tax incentives, subsidies, and supportive regulations to encourage EV adoption, increasing demand for the product in EV battery production.
Additionally, major automotive manufacturers are ramping up investments in EV production facilities within North America, further boosting the demand for locally sourced lithium carbonate.
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Our clientele includes a mix of lithium carbonate market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America lithium carbonate market , including forecasts for subscribers. This continent databook contains high-level insights into North America lithium carbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America lithium carbonate market size, by country, 2018-2030 (US$M)
North America Lithium Carbonate Market Outlook Share, 2024 & 2030 (US$M)
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