Chemical Industry Insights By Kunal

  Lithium Adsorbent Market  is experiencing remarkable growth, valued at  US$ 93.75 million in 2023  and projected to reach  US$ 154.83 million by 2030 , growing at a  CAGR of 7.3%  during the forecast period. This surge is driven by the escalating demand for lithium-ion batteries, particularly in electric vehicles (EVs) and renewable energy storage systems. While North America and Europe are making significant strides in lithium extraction technologies, Asia-Pacific continues to lead in both production and consumption, largely due to its dominant position in battery manufacturing. Lithium adsorbents  play a critical role in lithium extraction from brine resources, offering higher efficiency and lower environmental impact compared to traditional evaporation methods. The technology’s ability to selectively extract lithium from complex brine solutions positions it as a game-changer in the industry, especially as automakers and energy companies scr...