Lithium Hydroxide Market Size, Share, and Trends 2025 to 2034

The global lithium hydroxide market size accounted for USD 29.15 billion in 2025 and is forecasted to hit around USD 106.22 billion by 2034, representing a CAGR of 15.45% from 2025 to 2034. The Asia Pacific market size was estimated at USD 15.66 billion in 2024 and is expanding at a CAGR of 15.54% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

Last Updated : July 2025  |  Report Code : 6475  |  Category : Chemical and Material  |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Lithium Hydroxide Market 

5.1. COVID-19 Landscape: Lithium Hydroxide Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Lithium Hydroxide Market, By Source

8.1. Lithium Hydroxide Market Revenue and Volume, by Source

8.1.1. Mineral-based (Spodumene)

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Brine-based

8.1.2.1. Market Revenue and Volume Forecast

Chapter 9. Global Lithium Hydroxide Market, By Grade

9.1. Lithium Hydroxide Market Revenue and Volume, by Grade

9.1.1. Battery Grade

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Technical Grade

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Industrial Grade

9.1.3.1. Market Revenue and Volume Forecast

Chapter 10. Global Lithium Hydroxide Market, By Application 

10.1. Lithium Hydroxide Market Revenue and Volume, by Application

10.1.1. Batteries

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. EV Batteries

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. Consumer Electronics Batteries

10.1.3.1. Market Revenue and Volume Forecast

10.1.4. Energy Storage Systems (ESS)

10.1.4.1. Market Revenue and Volume Forecast

10.1.5. Lubricating Greases

10.1.5.1. Market Revenue and Volume Forecast

10.1.5. Glass and Ceramics

10.1.5.1. Market Revenue and Volume Forecast

10.1.5. Air Treatment (COâ‚‚ Scrubbers)

10.1.5.1. Market Revenue and Volume Forecast

10.1.5. Others (Metallurgy, Polymers)

10.1.5.1. Market Revenue and Volume Forecast

Chapter 11. Global Lithium Hydroxide Market, By End-Use Industry

11.1. Lithium Hydroxide Market Revenue and Volume, by End-Use Industry

11.1.1. Automotive

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Consumer Electronics

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. Industrial

11.1.3.1. Market Revenue and Volume Forecast

11.1.4. Aerospace and Defense

11.1.4.1. Market Revenue and Volume Forecast

11.1.5. Energy & Utilities

11.1.5.1. Market Revenue and Volume Forecast

Chapter 12. Global Lithium Hydroxide Market, By Distribution Channel

12.1. Lithium Hydroxide Market Revenue and Volume, by Distribution Channel

12.1.1. Direct Sales

12.1.1.1. Market Revenue and Volume Forecast

12.1.2. Distributors/Traders

12.1.2.1. Market Revenue and Volume Forecast

Chapter 13. Global Lithium Hydroxide Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Volume Forecast, by Source

13.1.2. Market Revenue and Volume Forecast, by Grade

13.1.3. Market Revenue and Volume Forecast, by Application

13.1.4. Market Revenue and Volume Forecast, by End-Use Industry

13.1.5. Market Revenue and Volume Forecast, by Distribution Channel

13.1.6. U.S.

13.1.6.1. Market Revenue and Volume Forecast, by Source

13.1.6.2. Market Revenue and Volume Forecast, by Grade

13.1.6.3. Market Revenue and Volume Forecast, by Application

13.1.6.4. Market Revenue and Volume Forecast, by End-Use Industry

13.1.6.5. Market Revenue and Volume Forecast, by Distribution Channel  

13.1.7. Rest of North America

13.1.7.1. Market Revenue and Volume Forecast, by Source

13.1.7.2. Market Revenue and Volume Forecast, by Grade

13.1.7.3. Market Revenue and Volume Forecast, by Application

13.1.7.4. Market Revenue and Volume Forecast, by End-Use Industry

13.1.7.5. Market Revenue and Volume Forecast, by Distribution Channel

13.2. Europe

13.2.1. Market Revenue and Volume Forecast, by Source

13.2.2. Market Revenue and Volume Forecast, by Grade

13.2.3. Market Revenue and Volume Forecast, by Application

13.2.4. Market Revenue and Volume Forecast, by End-Use Industry  

13.2.5. Market Revenue and Volume Forecast, by Distribution Channel  

13.2.6. UK

13.2.6.1. Market Revenue and Volume Forecast, by Source

13.2.6.2. Market Revenue and Volume Forecast, by Grade

13.2.6.3. Market Revenue and Volume Forecast, by Application

13.2.7. Market Revenue and Volume Forecast, by End-Use Industry  

13.2.8. Market Revenue and Volume Forecast, by Distribution Channel  

13.2.9. Germany

13.2.9.1. Market Revenue and Volume Forecast, by Source

13.2.9.2. Market Revenue and Volume Forecast, by Grade

13.2.9.3. Market Revenue and Volume Forecast, by Application

13.2.10. Market Revenue and Volume Forecast, by End-Use Industry

13.2.11. Market Revenue and Volume Forecast, by Distribution Channel

13.2.12. France

13.2.12.1. Market Revenue and Volume Forecast, by Source

13.2.12.2. Market Revenue and Volume Forecast, by Grade

13.2.12.3. Market Revenue and Volume Forecast, by Application

13.2.12.4. Market Revenue and Volume Forecast, by End-Use Industry

13.2.13. Market Revenue and Volume Forecast, by Distribution Channel

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Volume Forecast, by Source

13.2.14.2. Market Revenue and Volume Forecast, by Grade

13.2.14.3. Market Revenue and Volume Forecast, by Application

13.2.14.4. Market Revenue and Volume Forecast, by End-Use Industry

13.2.15. Market Revenue and Volume Forecast, by Distribution Channel

13.3. APAC

13.3.1. Market Revenue and Volume Forecast, by Source

13.3.2. Market Revenue and Volume Forecast, by Grade

13.3.3. Market Revenue and Volume Forecast, by Application

13.3.4. Market Revenue and Volume Forecast, by End-Use Industry

13.3.5. Market Revenue and Volume Forecast, by Distribution Channel

13.3.6. India

13.3.6.1. Market Revenue and Volume Forecast, by Source

13.3.6.2. Market Revenue and Volume Forecast, by Grade

13.3.6.3. Market Revenue and Volume Forecast, by Application

13.3.6.4. Market Revenue and Volume Forecast, by End-Use Industry

13.3.7. Market Revenue and Volume Forecast, by Distribution Channel

13.3.8. China

13.3.8.1. Market Revenue and Volume Forecast, by Source

13.3.8.2. Market Revenue and Volume Forecast, by Grade

13.3.8.3. Market Revenue and Volume Forecast, by Application

13.3.8.4. Market Revenue and Volume Forecast, by End-Use Industry

13.3.9. Market Revenue and Volume Forecast, by Distribution Channel

13.3.10. Japan

13.3.10.1. Market Revenue and Volume Forecast, by Source

13.3.10.2. Market Revenue and Volume Forecast, by Grade

13.3.10.3. Market Revenue and Volume Forecast, by Application

13.3.10.4. Market Revenue and Volume Forecast, by End-Use Industry

13.3.10.5. Market Revenue and Volume Forecast, by Distribution Channel

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Volume Forecast, by Source

13.3.11.2. Market Revenue and Volume Forecast, by Grade

13.3.11.3. Market Revenue and Volume Forecast, by Application

13.3.11.4. Market Revenue and Volume Forecast, by End-Use Industry

13.3.11.5. Market Revenue and Volume Forecast, by Distribution Channel

13.4. MEA

13.4.1. Market Revenue and Volume Forecast, by Source

13.4.2. Market Revenue and Volume Forecast, by Grade

13.4.3. Market Revenue and Volume Forecast, by Application

13.4.4. Market Revenue and Volume Forecast, by End-Use Industry

13.4.5. Market Revenue and Volume Forecast, by Distribution Channel

13.4.6. GCC

13.4.6.1. Market Revenue and Volume Forecast, by Source

13.4.6.2. Market Revenue and Volume Forecast, by Grade

13.4.6.3. Market Revenue and Volume Forecast, by Application

13.4.6.4. Market Revenue and Volume Forecast, by End-Use Industry

13.4.7. Market Revenue and Volume Forecast, by Distribution Channel

13.4.8. North Africa

13.4.8.1. Market Revenue and Volume Forecast, by Source

13.4.8.2. Market Revenue and Volume Forecast, by Grade

13.4.8.3. Market Revenue and Volume Forecast, by Application

13.4.8.4. Market Revenue and Volume Forecast, by End-Use Industry

13.4.9. Market Revenue and Volume Forecast, by Distribution Channel

13.4.10. South Africa

13.4.10.1. Market Revenue and Volume Forecast, by Source

13.4.10.2. Market Revenue and Volume Forecast, by Grade

13.4.10.3. Market Revenue and Volume Forecast, by Application

13.4.10.4. Market Revenue and Volume Forecast, by End-Use Industry

13.4.10.5. Market Revenue and Volume Forecast, by Distribution Channel

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Volume Forecast, by Source

13.4.11.2. Market Revenue and Volume Forecast, by Grade

13.4.11.3. Market Revenue and Volume Forecast, by Application

13.4.11.4. Market Revenue and Volume Forecast, by End-Use Industry

13.4.11.5. Market Revenue and Volume Forecast, by Distribution Channel

13.5. Latin America

13.5.1. Market Revenue and Volume Forecast, by Source

13.5.2. Market Revenue and Volume Forecast, by Grade

13.5.3. Market Revenue and Volume Forecast, by Application

13.5.4. Market Revenue and Volume Forecast, by End-Use Industry

13.5.5. Market Revenue and Volume Forecast, by Distribution Channel

13.5.6. Brazil

13.5.6.1. Market Revenue and Volume Forecast, by Source

13.5.6.2. Market Revenue and Volume Forecast, by Grade

13.5.6.3. Market Revenue and Volume Forecast, by Application

13.5.6.4. Market Revenue and Volume Forecast, by End-Use Industry

13.5.7. Market Revenue and Volume Forecast, by Distribution Channel

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Volume Forecast, by Source

13.5.8.2. Market Revenue and Volume Forecast, by Grade

13.5.8.3. Market Revenue and Volume Forecast, by Application

13.5.8.4. Market Revenue and Volume Forecast, by End-Use Industry

13.5.8.5. Market Revenue and Volume Forecast, by Distribution Channel

Chapter 14. Company Profiles

14.1. Albemarle Corporation

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Ganfeng Lithium Co., Ltd.

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Tianqi Lithium Corporation

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. SQM (Sociedad Química y Minera de Chile)

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Livent Corporation

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Mineral Resources Limited

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Pilbara Minerals Limited

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Yahua Group

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Sichuan Energy Investment Development Co., Ltd.

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Allkem Limited (formerly Orocobre)

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Frequently Asked Questions

The lithium hydroxide market size is expected to increase from USD 25.25 billion in 2024 to USD 106.22 billion by 2034.

The lithium hydroxide market is expected to grow at a compound annual growth rate (CAGR) of around 15.45% from 2025 to 2034.

The major players in the lithium hydroxide market include Albemarle Corporation, Ganfeng Lithium Co., Ltd., Tianqi Lithium Corporation, SQM (Sociedad Química y Minera de Chile), Livent Corporation, Mineral Resources Limited, Pilbara Minerals Limited, Yahua Group, Sichuan Energy Investment Development Co., Ltd., Allkem Limited (formerly Orocobre), Chengxin Lithium Group, AMG Lithium, Nemaska Lithium, IGO Limited, Piedmont Lithium, European Lithium Ltd., Lithium Americas Corp., Bacanora Lithium, Xinjiang TBEA Group, and CNGR Advanced Material Co., Ltd.

The driving factors of the lithium hydroxide market are the surge in electric vehicle production, renewable energy adoption, and advancements in battery technology.

Asia Pacific region will lead the global lithium hydroxide market during the forecast period 2025 to 2034.

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