Japan Lithium Market Size & Outlook, 2023-2030
Japan lithium market, 2018-2030 (US$M)
Related Markets
Japan lithium market highlights
- The Japan lithium market generated a revenue of USD 2,738.4 million in 2023 and is expected to reach USD 4,767.0 million by 2030.
- The Japan market is expected to grow at a CAGR of 8.2% 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 2,738.4 million |
| Market revenue in 2030 | USD 4,767.0 million |
| Growth rate | 8.2% (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, Japan accounted for 8.6% of the global lithium market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China lithium market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 21,768.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Lithium Market Scope
Lithium Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan 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 Japan lithium market based on carbonates, hydroxides, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Japan has always been at the forefront of the global technology race and has come a long way to keep up with time and technology. The country has a long history of using lithium, which was originally used as a mood stabilizer for patients.
The country has conducted many surveys and concluded that adding natural amounts of lithium to filtered water can protect people from suicidal tendencies and help reduce suicide accidents.
Additionally, positive government policy toward EVs is expected to propel the demand for lithium in the forecast period. In Japan, mini BEVs like the Nissan Sakura are selling better than larger SUV models.
Reasons to subscribe to Japan lithium market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Japan lithium market databook
-
Our clientele includes a mix of lithium market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan lithium market , including forecasts for subscribers. This country databook contains high-level insights into Japan lithium market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Japan lithium market size, by product, 2018-2030 (US$M)
Japan Lithium Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
