France Lithium Market Size & Outlook, 2023-2030
France lithium market, 2018-2030 (US$M)
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France lithium market highlights
- The France lithium market generated a revenue of USD 1,713.6 million in 2023 and is expected to reach USD 3,813.9 million by 2030.
- The France market is expected to grow at a CAGR of 12.1% from 2024 to 2030.
- In terms of segment, carbonates was the largest revenue generating product in 2023.
- Hydroxides is the most lucrative product segment registering the fastest growth during the forecast period.
Lithium market data book summary
| Market revenue in 2023 | USD 1,713.6 million |
| Market revenue in 2030 | USD 3,813.9 million |
| Growth rate | 12.1% (CAGR from 2023 to 2030) |
| Largest segment | Carbonates |
| Fastest growing segment | Hydroxides |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carbonates, Hydroxides, Other Products |
| Key market players worldwide | Albemarle Corp, Sociedad Quimica Y Minera De Chile SA ADR, Livento Group Inc, Lithium Americas Corp, Pilbara Minerals Ltd, Beard Co, Mineral Resources Ltd |
Other key industry trends
- In terms of revenue, France accounted for 5.4% of the global lithium market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, France lithium market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 3,813.9 million by 2030.
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Lithium Market Scope
Lithium Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
France lithium 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 market will help companies and investors design strategic landscapes.
Carbonates was the largest segment with a revenue share of 54.3% in 2023. Horizon Databook has segmented the France lithium market based on carbonates, hydroxides, other products covering the revenue growth of each sub-segment from 2018 to 2030.
The country is planning to establish a lithium extraction project to cater to its growing demand and ensure a steady supply for Europe's emerging electric vehicle market. In October 2022, France unveiled a massive lithium mining project named Emili, located in its center.
The plant is expected to be run by IMERYS and has a site with a capacity of 1 million tons of lithium. This will enable the extraction of 34,000 tons of lithium annually for 25 years. The production is anticipated to begin by 2028.
A significant focus on the development of EVs and their increased production is expected to fuel the demand for lithium in France during the forecast period. In June 2021, Envision AESC announced a battery factory at the Electricity site of Renault in Douai, northern France.
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Horizon Databook provides a detailed overview of country-level data and insights on the France lithium market , including forecasts for subscribers. This country databook contains high-level insights into France lithium market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France lithium market size, by product, 2018-2030 (US$M)
France Lithium Market Outlook Share, 2023 & 2030 (US$M)
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