Global Spodumene Concentrate Market to Reach USD 3.5 Billion by 2029, Expanding at 7.5% CAGR on Soaring Lithium Demand
Global Spodumene Concentrate Market is experiencing significant growth, with its valuation reaching USD 2,267.76 million in 2023. Projections indicate the market will grow at a CAGR of 7.5%, reaching approximately USD 3,499.83 million by 2029. This expansion is largely fueled by the surging demand for lithium-ion batteries, particularly in electric vehicle (EV) production and renewable energy storage.
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