Thailand Lithium Carbonate Market (2025-2031) Outlook | Growth, Share, Value, Forecast, Size, Industry, Revenue, Companies, Trends, Analysis

Market Forecast By Purity (98.5% - 99.4%, 99.5% - 99.8%, 0.999), By Grade (High Purity, Battery, Pharmaceutical), By Application (Li-ion batteries, Glass & Ceramics, Cement Manufacturing, Aluminum Production, Pharmaceutical Industry, Others) And Competitive Landscape
Product Code: ETC196777 Publication Date: May 2022 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 60 No. of Figures: 40 No. of Tables: 7

Thailand Lithium Carbonate Market Size Growth Rate


The Thailand Lithium Carbonate Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 3.92% in 2025 and reaches 14.37% by 2029.

Thailand Lithium Carbonate Market Growth Rate

Lithium Carbonate Market: Thailand vs Top 5 Major Economies in 2027 (Asia)


By 2027, the Lithium Carbonate market in Thailand is anticipated to reach a growth rate of 5.16%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

Lithium Carbonate Market: Thailand vs Top 5 Major Economies in 2027 (Asia)

Thailand Lithium Carbonate Market Synopsis

The lithium carbonate market in Thailand has been estimated at USD 2 million for 2025 and is expected grow with a CAGR of 9% over the forecast timeline. Rising importance across medical sector on account of improving mental health conditions related depression along with other neurological problems has attributed towards escalating demand from pharmaceutical segment; henceforth stimulating overall industry outlook during assessment timeframe. Furthermore surging requirement by industrial users specifically batteries manufacturers that employ it as electrolyte salt will further enhance product penetration throughout upcoming years.

Drivers of the Market

Lithium carbonate is a key component in lithium-ion batteries used in electric vehicles and portable electronic devices. The market is primarily driven by the growing demand for electric vehicles, renewable energy storage systems, and consumer electronics. As the world shifts towards sustainable energy solutions, the Thailand lithium carbonate market experiences substantial growth.

Challenges of the Market

Lithium carbonate is a vital component in lithium-ion batteries used in electronics and electric vehicles. The market has encountered difficulties in meeting the growing demand due to supply constraints and increased costs of raw materials. Balancing the demand for sustainable energy solutions with supply chain limitations remains a significant challenge.

COVID-19 Impact on the Market

The electric vehicle and energy storage sectors, major consumers of lithium carbonate, could have faced disruptions due to lockdowns and supply chain challenges. However, recovery in these sectors could drive demand.

Key Players in the Market

The lithium carbonate market in Thailand is primarily driven by global chemical giants such as Siam Lithium, a subsidiary of PTT Group. These companies are at the forefront of lithium extraction and processing, catering to the booming demand for lithium-ion batteries in electric vehicles and renewable energy storage. Their comprehensive supply chains and commitment to sustainability ensure a stable and environmentally responsible source of lithium carbonate.

Key Highlights of the Report:

  • Thailand Lithium Carbonate Market Outlook
  • Market Size of Thailand Lithium Carbonate Market, 2024
  • Forecast of Thailand Lithium Carbonate Market, 2031
  • Historical Data and Forecast of Thailand Lithium Carbonate Revenues & Volume for the Period 2021-2031
  • Thailand Lithium Carbonate Market Trend Evolution
  • Thailand Lithium Carbonate Market Drivers and Challenges
  • Thailand Lithium Carbonate Price Trends
  • Thailand Lithium Carbonate Porter's Five Forces
  • Thailand Lithium Carbonate Industry Life Cycle
  • Historical Data and Forecast of Thailand Lithium Carbonate Market Revenues & Volume By Purity for the Period 2021-2031
  • Historical Data and Forecast of Thailand Lithium Carbonate Market Revenues & Volume By 98.5% - 99.4% for the Period 2021-2031
  • Historical Data and Forecast of Thailand Lithium Carbonate Market Revenues & Volume By 99.5% - 99.8% for the Period 2021-2031
  • Historical Data and Forecast of Thailand Lithium Carbonate Market Revenues & Volume By 0.999 for the Period 2021-2031
  • Historical Data and Forecast of Thailand Lithium Carbonate Market Revenues & Volume By Grade for the Period 2021-2031
  • Historical Data and Forecast of Thailand Lithium Carbonate Market Revenues & Volume By High Purity for the Period 2021-2031
  • Historical Data and Forecast of Thailand Lithium Carbonate Market Revenues & Volume By Battery for the Period 2021-2031
  • Historical Data and Forecast of Thailand Lithium Carbonate Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
  • Historical Data and Forecast of Thailand Lithium Carbonate Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Thailand Lithium Carbonate Market Revenues & Volume By Li-ion batteries for the Period 2021-2031
  • Historical Data and Forecast of Thailand Lithium Carbonate Market Revenues & Volume By Glass & Ceramics for the Period 2021-2031
  • Historical Data and Forecast of Thailand Lithium Carbonate Market Revenues & Volume By Cement Manufacturing for the Period 2021-2031
  • Historical Data and Forecast of Thailand Lithium Carbonate Market Revenues & Volume By Aluminum Production for the Period 2021-2031
  • Historical Data and Forecast of Thailand Lithium Carbonate Market Revenues & Volume By Pharmaceutical Industry for the Period 2021-2031
  • Historical Data and Forecast of Thailand Lithium Carbonate Market Revenues & Volume By Others for the Period 2021-2031
  • Thailand Lithium Carbonate Import Export Trade Statistics
  • Market Opportunity Assessment By Purity
  • Market Opportunity Assessment By Grade
  • Market Opportunity Assessment By Application
  • Thailand Lithium Carbonate Top Companies Market Share
  • Thailand Lithium Carbonate Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Lithium Carbonate Company Profiles
  • Thailand Lithium Carbonate Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Thailand Lithium Carbonate Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Thailand Lithium Carbonate Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Thailand Lithium Carbonate Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Lithium Carbonate Market Revenues & Volume, 2021 & 2031F

3.3 Thailand Lithium Carbonate Market - Industry Life Cycle

3.4 Thailand Lithium Carbonate Market - Porter's Five Forces

3.5 Thailand Lithium Carbonate Market Revenues & Volume Share, By Purity, 2021 & 2031F

3.6 Thailand Lithium Carbonate Market Revenues & Volume Share, By Grade, 2021 & 2031F

3.7 Thailand Lithium Carbonate Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Thailand Lithium Carbonate Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for lithium-ion batteries in electric vehicles industry

4.2.2 Government initiatives to promote renewable energy sources

4.2.3 Growing adoption of portable electronic devices in Thailand

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials

4.3.2 Lack of domestic lithium carbonate production capabilities

4.3.3 Stringent regulations and environmental concerns related to lithium mining and processing

5 Thailand Lithium Carbonate Market Trends

6 Thailand Lithium Carbonate Market, By Types

6.1 Thailand Lithium Carbonate Market, By Purity

6.1.1 Overview and Analysis

6.1.2 Thailand Lithium Carbonate Market Revenues & Volume, By Purity, 2021-2031F

6.1.3 Thailand Lithium Carbonate Market Revenues & Volume, By 98.5% - 99.4%, 2021-2031F

6.1.4 Thailand Lithium Carbonate Market Revenues & Volume, By 99.5% - 99.8%, 2021-2031F

6.1.5 Thailand Lithium Carbonate Market Revenues & Volume, By 0.999, 2021-2031F

6.2 Thailand Lithium Carbonate Market, By Grade

6.2.1 Overview and Analysis

6.2.2 Thailand Lithium Carbonate Market Revenues & Volume, By High Purity, 2021-2031F

6.2.3 Thailand Lithium Carbonate Market Revenues & Volume, By Battery, 2021-2031F

6.2.4 Thailand Lithium Carbonate Market Revenues & Volume, By Pharmaceutical, 2021-2031F

6.3 Thailand Lithium Carbonate Market, By Application

6.3.1 Overview and Analysis

6.3.2 Thailand Lithium Carbonate Market Revenues & Volume, By Li-ion batteries, 2021-2031F

6.3.3 Thailand Lithium Carbonate Market Revenues & Volume, By Glass & Ceramics, 2021-2031F

6.3.4 Thailand Lithium Carbonate Market Revenues & Volume, By Cement Manufacturing, 2021-2031F

6.3.5 Thailand Lithium Carbonate Market Revenues & Volume, By Aluminum Production, 2021-2031F

6.3.6 Thailand Lithium Carbonate Market Revenues & Volume, By Pharmaceutical Industry, 2021-2031F

6.3.7 Thailand Lithium Carbonate Market Revenues & Volume, By Others, 2021-2031F

7 Thailand Lithium Carbonate Market Import-Export Trade Statistics

7.1 Thailand Lithium Carbonate Market Export to Major Countries

7.2 Thailand Lithium Carbonate Market Imports from Major Countries

8 Thailand Lithium Carbonate Market Key Performance Indicators

8.1 Number of electric vehicles registered in Thailand

8.2 Investment in renewable energy projects in the country

8.3 Sales volume of portable electronic devices in the market

9 Thailand Lithium Carbonate Market - Opportunity Assessment

9.1 Thailand Lithium Carbonate Market Opportunity Assessment, By Purity, 2021 & 2031F

9.2 Thailand Lithium Carbonate Market Opportunity Assessment, By Grade, 2021 & 2031F

9.3 Thailand Lithium Carbonate Market Opportunity Assessment, By Application, 2021 & 2031F

10 Thailand Lithium Carbonate Market - Competitive Landscape

10.1 Thailand Lithium Carbonate Market Revenue Share, By Companies, 2024

10.2 Thailand Lithium Carbonate Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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