Surging Lithium Market Growth Expected Through 2030 Due to Increasing Adoption of Cleaner Energy Sources
Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.
- Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.
- The growing adoption of hybrid and electric vehicles, high-drain portable electronics, and energy storage systems have boosted the growth of the overall market.
- The Paris Agreement aims to reduce greenhouse gas (GHG) emissions by at least 40% under its 2030 climate and energy framework.
- Governments in several countries worldwide are implementing strict emission standards to reduce and control carbon emissions, thus augmenting market growth.