| Product Code: ETC108163 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The India lithium hydrate market import shipment demonstrated strong growth with a CAGR of 16.1% from 2020 to 2024. However, there was a notable decline in growth between 2023 and 2024, showing a decrease of 41.3%. Despite the recent slowdown, the market maintained an upward momentum over the period, indicating overall expansion with some fluctuations.
The India lithium hydrate market is expected to witness a significant growth over the forecast period owing to its increasing use in various industries such as automotive, energy storage and consumer electronics. The growing demand from these industries is expected to drive the market for lithium hydrate in India. In addition, rising awareness about environment-friendly and cost-effective solutions have led to increased adoption of electric vehicles which use battery systems powered by lithium hydrates. This will further propel the growth of India lithium hydrate market during the forecast period.
The lithium hydrate market in India is driven by the increasing demand for electric vehicle batteries and other portable energy storage systems. The government`s focus on promoting renewable energy sources, such as wind and solar power, has also boosted the demand for lithium hydrate. Additionally, the growing adoption of consumer electronics that require high-capacity rechargeable battery cells to function has further augmented the growth of this market. Furthermore, technological advancements in battery production have led to a decrease in costs associated with lithium hydrate production which is expected to propel its growth over the forecast period.
Fluctuating Raw Material Prices ??? Volatility in prices of raw materials like sulfuric acid used for manufacture could hamper industry profitability and lead manufacturers towards opting out if an unfavorable exchange rate persists over the long term resulting in reduced domestic supply relative to pending demand.
The key players operating within India Lithium Hydride Market include producers like Orissa Manganese & Minerals Ltd.(OMML); Gujarat Narmada Valley Fertilizers & Chemicals(GNFC); Avani Resources; Zorin Industries; Umicore; GS Caltex Corporation ;etc
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Lithium hydrate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Lithium hydrate Market Revenues & Volume, 2021 & 2031F |
3.3 India Lithium hydrate Market - Industry Life Cycle |
3.4 India Lithium hydrate Market - Porter's Five Forces |
3.5 India Lithium hydrate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Lithium hydrate Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 India Lithium hydrate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lithium hydrate in the electronics industry for manufacturing batteries. |
4.2.2 Growing adoption of electric vehicles in India, which require lithium hydrate for battery production. |
4.2.3 Government initiatives and policies promoting renewable energy sources, leading to higher demand for lithium hydrate in solar and wind energy storage solutions. |
4.3 Market Restraints |
4.3.1 Volatility in lithium prices due to supply chain disruptions or geopolitical factors. |
4.3.2 Lack of domestic production capabilities leading to dependence on imports, impacting pricing and supply chain stability. |
4.3.3 Environmental concerns and regulations related to lithium mining and extraction processes. |
5 India Lithium hydrate Market Trends |
6 India Lithium hydrate Market, By Types |
6.1 India Lithium hydrate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Lithium hydrate Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Lithium hydrate Market Revenues & Volume, By 95% Lithium Hydride, 2021-2031F |
6.1.4 India Lithium hydrate Market Revenues & Volume, By 97% Lithium Hydride, 2021-2031F |
6.1.5 India Lithium hydrate Market Revenues & Volume, By 99% Lithium Hydride, 2021-2031F |
6.2 India Lithium hydrate Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 India Lithium hydrate Market Revenues & Volume, By Electronics & Electrical, 2021-2031F |
6.2.3 India Lithium hydrate Market Revenues & Volume, By Chemical, 2021-2031F |
6.2.4 India Lithium hydrate Market Revenues & Volume, By Energy & Power, 2021-2031F |
7 India Lithium hydrate Market Import-Export Trade Statistics |
7.1 India Lithium hydrate Market Export to Major Countries |
7.2 India Lithium hydrate Market Imports from Major Countries |
8 India Lithium hydrate Market Key Performance Indicators |
8.1 Number of new electric vehicle registrations in India. |
8.2 Investment in lithium hydrate production infrastructure in India. |
8.3 Percentage of lithium hydrate used in renewable energy storage solutions. |
9 India Lithium hydrate Market - Opportunity Assessment |
9.1 India Lithium hydrate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Lithium hydrate Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 India Lithium hydrate Market - Competitive Landscape |
10.1 India Lithium hydrate Market Revenue Share, By Companies, 2024 |
10.2 India Lithium hydrate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here