Product Code: ETC196780 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Indonesia Lithium Carbonate Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 9.65% in 2025 and reaches 12.25% by 2029.
In the Asia region, the Lithium Carbonate market in Indonesia is projected to expand at a high growth rate of 11.01% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
Indonesia is rapidly emerging as a leading lithium carbonate supplier in the global market. The country has established itself as one of the most promising sources and suppliers of high-grade, low cost lithium carbonate due to its abundant reserves and favorable industry conditions. Indonesia has seen an increased interest from various countries such as India, Japan, South Korea and China for purchasing Lithium Carbonate sourced from Indonesia producers. This is mainly because the mineral ore extracted from Indonesia mines contain higher grade of Li2CO3 (Lithium Carbonate) than other countries like Australia or Chile. Moreover, lithiophorite found in Indonesia has relatively lower impurities which makes it easier to refine into Lithium Carbonate compared to other ores found elsewhere.
The demand for Lithium Carbonates in Indonesia is driven by increasing applications across multiple sectors including automotive industry, consumer electronics and healthcare sector among others. As a result of this growing demand for these products, several international companies have already begun investing substantial amount of money into building their production capacities within the country with plans to increase their output even further over time. Additionally, more local players are also expected to enter this booming market shortly which will add further competition on pricing front thus helping drive down prices over long term period while increasing availability at same time.
The growing demand for electric vehicles primarily drives the growth of lithium carbonates in Indonesia due to its use in batteries used by these cars. In addition, rising investments towards renewable energy projects coupled with initiatives taken by government encouraging usage of alternative energy sources have led to greater utilization rates for lithium carbonates across many industries ranging from aerospace engineering & defense systems all way up till pharmaceuticals & medical device manufacturing fields respectively both inside as well outside country?s boundaries providing additional impetus towards robust growth trajectory going forward too.
The COVID-19 pandemic had led to disruption within whole supply chain network resulting temporary haltage production activities across globe followed by subsequent drop off sales revenues associated with them however thanks largely due new norms being embraced globally such online shopping platforms emergence nonstop surging demands related goods services despite still ongoing crisis situation so far global industrial sector witnessed only limited impact when comes specific niche application markets like that based upon utilisation lithiumcarbonates throughout world.
The Indonesia lithium carbonate market is mainly driven by the growing demand for rechargeable batteries. The country`s positive economic outlook and increasing investments in renewable energy sources such as solar and wind has also fostered growth of the lithium-ion battery industry, leading to higher demand for raw materials like Lithium Carbonates. However, there are some challenges that need to be addressed before Indonesia can become a major player in this sector. These include inadequate infrastructure, limited access to finance and technology, insufficient human resources, lack of expertise in extraction techniques and high costs associated with mining.
The key players operating in the Indonesia lithium carbonate market include PT Timah Tbk (TINS), Australian Mines Limited (ASX: AUZ) , Electric Metals Inc., Ady Resources Pty Ltd., Jiangxi Ganfeng Lithium Co Ltd., 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 Indonesia Lithium Carbonate Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Lithium Carbonate Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Lithium Carbonate Market - Industry Life Cycle |
3.4 Indonesia Lithium Carbonate Market - Porter's Five Forces |
3.5 Indonesia Lithium Carbonate Market Revenues & Volume Share, By By Purity, 2021 & 2031F |
3.6 Indonesia Lithium Carbonate Market Revenues & Volume Share, By By Grade, 2021 & 2031F |
3.7 Indonesia Lithium Carbonate Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 Indonesia Lithium Carbonate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Lithium Carbonate Market Trends |
6 Indonesia Lithium Carbonate Market, By Types |
6.1 Indonesia Lithium Carbonate Market, By By Purity |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Lithium Carbonate Market Revenues & Volume, By By Purity, 2021-2031F |
6.1.3 Indonesia Lithium Carbonate Market Revenues & Volume, By 98.5% - 99.4%, 2021-2031F |
6.1.4 Indonesia Lithium Carbonate Market Revenues & Volume, By 99.5% - 99.8%, 2021-2031F |
6.1.5 Indonesia Lithium Carbonate Market Revenues & Volume, By 0.999, 2021-2031F |
6.2 Indonesia Lithium Carbonate Market, By By Grade |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Lithium Carbonate Market Revenues & Volume, By High Purity, 2021-2031F |
6.2.3 Indonesia Lithium Carbonate Market Revenues & Volume, By Battery, 2021-2031F |
6.2.4 Indonesia Lithium Carbonate Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3 Indonesia Lithium Carbonate Market, By By Application |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Lithium Carbonate Market Revenues & Volume, By Li-ion batteries, 2021-2031F |
6.3.3 Indonesia Lithium Carbonate Market Revenues & Volume, By Glass & Ceramics, 2021-2031F |
6.3.4 Indonesia Lithium Carbonate Market Revenues & Volume, By Cement Manufacturing, 2021-2031F |
6.3.5 Indonesia Lithium Carbonate Market Revenues & Volume, By Aluminum Production, 2021-2031F |
6.3.6 Indonesia Lithium Carbonate Market Revenues & Volume, By Pharmaceutical Industry, 2021-2031F |
6.3.7 Indonesia Lithium Carbonate Market Revenues & Volume, By Others, 2021-2031F |
7 Indonesia Lithium Carbonate Market Import-Export Trade Statistics |
7.1 Indonesia Lithium Carbonate Market Export to Major Countries |
7.2 Indonesia Lithium Carbonate Market Imports from Major Countries |
8 Indonesia Lithium Carbonate Market Key Performance Indicators |
9 Indonesia Lithium Carbonate Market - Opportunity Assessment |
9.1 Indonesia Lithium Carbonate Market Opportunity Assessment, By By Purity, 2021 & 2031F |
9.2 Indonesia Lithium Carbonate Market Opportunity Assessment, By By Grade, 2021 & 2031F |
9.3 Indonesia Lithium Carbonate Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 Indonesia Lithium Carbonate Market - Competitive Landscape |
10.1 Indonesia Lithium Carbonate Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Lithium Carbonate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |