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Global Direct Lithium Extraction Technology Services Market Growth (Status and Outlook) 2024-2030

Global Direct Lithium Extraction Technology Services Market Growth (Status and Outlook) 2024-2030

Product Code:869020

Published Date: May 07,2024

Pages: 105

Region: Global

Category: Energy & Power

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Lithium is a highly reactive alkali metal that offers excellent heat and electrical conductivity, which makes it ideal for several uses such as EV and energy storage, as mentioned above. However, because of its high reactivity, pure elemental lithium is not found in nature but is instead present as a constituent of salts or other compounds. Direct Lithium Extraction (DLE) is one of the latest trends to extract lithium. This technique consists of several chemical processes that allow for fast isolated lithium production into saleable forms of lithium. This can be done via three main methods:1.Adsorption: using sorbents to physically adhere to the lithium for selective removal. After the sorbent is loaded with the lithium chloride, it’s washed with a diluted lithium chloride stream to remove unwanted ions, and then washed a second time to unload the lithium chloride. The latest sorbent being tested is a lithium aluminum layered double hydroxide chloride sorbent, or LDH. As described in a recent study published by Environmental Science & Technology, this method doesn't require an acid wash or other chemicals, which ultimately makes it more friendly.2.Ion Exchange: These systems separate ionic contaminants from solution through a physicochemical process where undesirable ions are replaced by other ions of the same electrical charge. Lithium recovery by ion exchange can change with a simple adjustment in pH, temperature, or stream composition (and the same goes for other lithium extraction methods), but researchers also believe this method can recover roughly 90% of the lithium present.3.Solvent extraction: this process involves capturing lithium either chemically or physically and transforming it into LiCl or Li* from brine.

The global Direct Lithium Extraction Technology Services market size is projected to grow from US$ 248 million in 2024 to US$ 3369 million in 2030; it is expected to grow at a CAGR of 54.5% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Direct Lithium Extraction Technology Services Industry Forecast” looks at past sales and reviews total world Direct Lithium Extraction Technology Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Direct Lithium Extraction Technology Services sales for 2023 through 2029. With Direct Lithium Extraction Technology Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Direct Lithium Extraction Technology Services industry.

This Insight Report provides a comprehensive analysis of the global Direct Lithium Extraction Technology Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Direct Lithium Extraction Technology Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Direct Lithium Extraction Technology Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Direct Lithium Extraction Technology Services and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Direct Lithium Extraction Technology Services.

Global key players of direct lithium extraction technology services include Lilac Solutions, Sunresin, Jiuwu Hi-tech, etc. The top three players hold a share over 78%. 
In terms of product type, sorbent extraction is the largest segment, occupied for a share of 65%, and in terms of application, salt lake brine extraction has a share about 97 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Direct Lithium Extraction Technology Services market by product type, application, key players and key regions and countries.

Segmentation by Type:
    Sorbent Extraction
    Ion Exchange
    Solvent Extraction

Segmentation by Application:
    Salt Lake Brine Extraction
    Deep Brine Extraction

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

Segmentation by Type:
    Sorbent Extraction
    Ion Exchange
    Solvent Extraction

Segmentation by Application:
    Salt Lake Brine Extraction
    Deep Brine Extraction

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Lilac Solutions
    Sunresin Inc.
    Jiuwu Hi-tech
    TUS-MEMBRANE
    Summit Nanotech
    EnergySource Minerals LLC
    E3 LITHIUM
    SLB
    Energy Exploration Technologies
    Standard Lithium
    International Battery Metals Inc
    Xinjiang Tailixin Mining Co., Ltd.

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