出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2024年2月
Brine Concentration Minerals Market – Global Forecast To 2029
高濃度塩水鉱物市場 : タイプ (ナトリウム誘導体、マグネシウム誘導体、カルシウム誘導体、カリウム誘導体)、技術 (太陽蒸発、NF-RO-MF、浸透圧補助 RO)、用途、地域別 – 2029年までの世界予測
Brine Concentration Minerals Market by Type (Sodium derivatives, Magnesium derivatives, Calcium derivatives, Potassium dereivatives), Technology (Solar evaporation, NF-RO-MF, Osmotically assisted RO), Application, and Region – Global Forecast to 2029
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| 図表数 | 270 |
| 種別 | 英文調査報告書 |
| 価格 |
Report Overview
The Brine concentration minerals Market is projected to reach USD 1.7 billion by 2029, at a CAGR of 8.1% from USD 1.1 billion in 2024.
高濃度塩水鉱物市場は、2024年の11億米ドルから8.1%のCAGRで、2029年までに17億米ドルに達すると予測されています。
The brine concentration minerals market is propelled by pivotal drivers, with two key factors prominently influencing its trajectory. Firstly, the escalating demand for lithium-ion batteries stands out as a major driver. As the world transitions towards renewable energy and electric mobility, lithium-ion batteries have become indispensable in storing clean energy and powering electric vehicles. This surge in demand, particularly from the automotive and energy storage sectors, significantly boosts the need for lithium, a crucial component sourced from brine concentration minerals.
The growing emphasis on sustainable practices constitutes another impactful driver. Industries worldwide are increasingly prioritizing eco-friendly and sustainable methods for resource extraction, and brine concentration offers a more environmentally conscious alternative compared to traditional mining practices. The process minimizes the ecological footprint by utilizing solar evaporation techniques, reducing the need for energy-intensive procedures and avoiding the use of chemical reagents. This aligns with the global push towards sustainability and positions brine concentration minerals as a sought-after solution that meets the dual objectives of fulfilling growing demand while adhering to environmentally responsible practices. Together, these drivers underscore the significance of brine concentration minerals in a rapidly evolving and sustainable global industrial landscape.
“Pharmaceutical and food & beverages, by application, accounts for the second-largest market share in 2023.”
The Pharmaceutical and food & beverages segment accounts for the second largest market share in the brine concentration minerals market due to the diverse applications of certain minerals in pharmaceuticals, food production, and beverage manufacturing. For example, minerals like sodium, potassium, magnesium, and calcium derived from brine can be used as food additives, processing aids, or supplements. These minerals play essential roles in various biological processes and are crucial for human health. In the pharmaceutical industry, brine-derived minerals may be utilized in the formulation of medications and dietary supplements. The pharmaceutical sector often requires high-purity materials, and brine concentration minerals can provide a source of such minerals for pharmaceutical applications. The Food & beverages industry, which includes the production of processed foods, beverages, and other consumables, utilizes brine-derived minerals as additives or ingredients in food processing. These minerals can contribute to flavor enhancement, preservation, and nutritional fortification.
“NF-RO-MF is expected to be the fastest growing technology for brine concentration minerals market during the forecast period, in terms of value.”
The NF-RO-MF process is considered to bee the fastest growing technology in context of brine concentration and mineral extraction due to its efficiency in separating ions and contaminants from the brine. The combination of nanofiltration, reverse osmosis, and microfiltration allows for a multi-stage purification process, resulting in high-quality brine and concentrated minerals. This process is valued for its ability to achieve selective separation of minerals while minimizing environmental impact. Factors contributing to the potential growth of NF-RO-MF technology includes its effectiveness in producing high-purity minerals, its adaptability to various brine compositions, and the increasing emphasis on sustainable and efficient extraction methods in the mining and minerals industry.
“Based on region, North America was the second largest market for brine concentration minerals market in 2023.”
North America holds the position as the second-largest market for brine concentration minerals after Asia Pacific, driven by a combination of economic, industrial, and strategic factors. The region’s prominence in the brine concentration minerals market is multifaceted, reflecting the dynamic nature of its economic activities and resource utilization. One of the primary drivers is the significant demand for minerals in North America’s advanced industrial sectors. The United States, in particular, has a robust manufacturing base, technological innovation, and a thriving automotive industry. With the growing emphasis on electric vehicles (EVs) and renewable energy, there is an increasing need for minerals like lithium, potassium, and magnesium derived from brine for the production of batteries and lightweight materials. The transition towards cleaner energy sources and sustainable technologies amplifies the importance of brine concentration minerals in the region. Moreover, North America is home to substantial lithium resources, with lithium deposits in countries like the United States and Canada. The strategic significance of lithium, a crucial component in batteries for EVs and energy storage, positions North America as a key player in meeting the global demand for these minerals. Additionally, the region’s focus on water treatment and environmental sustainability contributes to the demand for brine concentration minerals. The extraction and processing of minerals from brine offer environmentally friendly alternatives compared to traditional mining practices, aligning with North America’s commitment to sustainable resource management. Furthermore, geopolitical factors and strategic alliances play a role in shaping North America’s position in the brine concentration minerals market. The region actively engages in partnerships, investments, and resource exploration to secure a stable supply chain for critical minerals, ensuring resilience in the face of global market dynamics.
In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees is as follows:
• By Company Type: Tier 1 – 40%, Tier 2 – 30%, and Tier 3 – 30%
• By Designation: C-Level – 20%, Director Level – 10%, and Others – 70%
• By Region: North America – 20%, Europe -30%, Asia Pacific – 30%, Middle East & Africa – 10%, and South America-10%
The key players in this market are Magrathea (US), Olokun Minerals (US), Albemarle Corporation (US), Ganfeng Lithium Group Co., Ltd. (China), Arcadium Lithium (US), ICL Industrial Products (Israel), SQM S.A. (Chile), Solvay (Belgium), SEALEAU (Netherlands), and Konoshima Chemical Co., Ltd. (Japan) etc.
Research Coverage
This report segments the market for the brine concentration minerals market on the basis of type, application, technology and region. It provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisitions associated with the market for the brine concentration minerals market.
Key benefits of buying this report
This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view of the competitive landscape, emerging and high-growth segments of the brine concentration minerals market; high-growth regions; and market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
• Analysis of key drivers: Growing demand for lithium-ion batteries coupled with the global emphasis on sustainable practices.
• Market Penetration: Comprehensive information on the brine concentration minerals market offered by top players in the global brine concentration minerals market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the brine concentration minerals market.
• Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for the brine concentration minerals market across regions.
• Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global brine concentration minerals market.
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the brine concentration minerals market.
Table of Contents
1 INTRODUCTION 32
1.1 STUDY OBJECTIVES 32
1.2 MARKET DEFINITION 32
1.3 INCLUSIONS & EXCLUSIONS 33
1.4 MARKET SCOPE 33
FIGURE 1 BRINE CONCENTRATION MINERALS MARKET SEGMENTATION 33
1.4.1 REGIONS COVERED 34
1.4.2 YEARS CONSIDERED 34
1.5 CURRENCY CONSIDERED 35
1.6 UNITS CONSIDERED 35
1.7 LIMITATIONS 35
1.8 STAKEHOLDERS 35
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH DATA 36
FIGURE 2 BRINE CONCENTRATION MINERALS MARKET: RESEARCH DESIGN 36
2.1.1 SECONDARY DATA 37
2.1.2 PRIMARY DATA 37
2.1.2.1 Key brine concentration mineral manufacturers 37
2.1.2.2 Breakdown of interviews with experts 38
2.1.2.3 Key industry insights 38
2.2 BASE NUMBER CALCULATION 39
2.2.1 APPROACH 1: SUPPLY-SIDE ANALYSIS 39
2.2.2 APPROACH 2: DEMAND-SIDE ANALYSIS 39
2.3 FORECAST NUMBER CALCULATION 39
2.3.1 SUPPLY SIDE 39
2.3.2 DEMAND SIDE 40
2.4 MARKET SIZE ESTIMATION 40
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: REVENUE OF MARKET PLAYERS 40
2.4.1 BOTTOM-UP APPROACH 41
2.4.2 TOP-DOWN APPROACH 41
2.5 DATA TRIANGULATION 42
FIGURE 4 BRINE CONCENTRATION MINERALS MARKET: DATA TRIANGULATION 42
2.6 ASSUMPTIONS 43
2.7 RECESSION IMPACT 43
2.8 GROWTH FORECAST 44
2.9 RISK ASSESSMENT 45
3 EXECUTIVE SUMMARY 46
FIGURE 5 METALLURGICAL APPLICATION TO DOMINATE MARKET BETWEEN 2024 AND 2029 47
FIGURE 6 SOLAR EVAPORATION TECHNOLOGY TO LEAD MARKET BETWEEN 2024 AND 2029 48
FIGURE 7 MAGNESIUM DERIVATIVES TO DOMINATE MARKET DURING FORECAST PERIOD 49
FIGURE 8 ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD 50
4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN BRINE CONCENTRATION MINERALS MARKET 51
FIGURE 9 GROWING DEMAND FOR LITHIUM-ION BATTERIES TO DRIVE MARKET 51
4.2 BRINE CONCENTRATION MINERALS MARKET, BY TYPE 52
FIGURE 10 MAGNESIUM DERIVATIVES TO BE FASTEST-GROWING TYPE DURING FORECAST PERIOD 52
4.3 BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION 52
FIGURE 11 WATER TREATMENT TO BE FASTEST-GROWING APPLICATION DURING FORECAST PERIOD 52
4.4 BRINE CONCENTRATION MINERALS MARKET, BY TECHNOLOGY 53
FIGURE 12 NF-RO-MF TO BE FASTEST-GROWING TECHNOLOGY DURING FORECAST PERIOD 53
4.5 BRINE CONCENTRATION MINERALS MARKET, BY REGION 53
FIGURE 13 ASIA PACIFIC TO BE FASTEST-GROWING REGION DURING FORECAST PERIOD 53
5 MARKET OVERVIEW 54
5.1 INTRODUCTION 54
5.2 MARKET DYNAMICS 54
FIGURE 14 BRINE CONCENTRATION MINERALS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 54
5.2.1 DRIVERS 55
5.2.1.1 Growing demand for lithium-ion batteries 55
5.2.1.2 Global emphasis on sustainable practices 55
5.2.2 RESTRAINTS 56
5.2.2.1 Low mineral concentrations and selective mineral recovery 56
5.2.3 OPPORTUNITIES 56
5.2.3.1 Wide deployment of minerals in industrial processes and power generation 56
5.2.3.2 Technological advancements in brine concentration methods 56
5.2.4 CHALLENGES 57
5.2.4.1 Variability in mineral composition and product quality 57
5.2.4.2 Volatility in mineral prices 57
6 INDUSTRY TRENDS 58
6.1 INTRODUCTION 58
6.2 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 58
6.2.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR BRINE CONCENTRATION MINERAL MANUFACTURERS 58
FIGURE 15 REVENUE SHIFT OF BRINE CONCENTRATION MINERALS MARKET 59
6.3 VALUE CHAIN ANALYSIS 59
FIGURE 16 OVERVIEW OF BRINE CONCENTRATION MINERALS MARKET VALUE CHAIN 59
6.3.1 INBOUND LOGISTICS 60
6.3.2 MANUFACTURING 60
6.3.3 STORAGE & DISTRIBUTION 60
6.3.4 END-USE INDUSTRIES 60
6.4 PRICING ANALYSIS 60
6.4.1 AVERAGE SELLING PRICE TREND, BY REGION 61
TABLE 1 AVERAGE SELLING PRICE, BY REGION, 2020–2029 (USD/TON) 61
FIGURE 17 BRINE CONCENTRATION MINERALS MARKET: AVERAGE SELLING PRICE TREND, BY REGION 61
6.4.2 AVERAGE SELLING PRICE TREND, BY TYPE 61
TABLE 2 AVERAGE SELLING PRICE, BY TYPE, 2020–2029 (USD/TON) 61
6.4.3 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TOP THREE TYPES 62
TABLE 3 AVERAGE SELLING PRICE, BY TOP THREE TYPES, 2020–2029 (USD/TON) 62
FIGURE 18 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TOP 3 TYPES 62
6.4.4 AVERAGE SELLING PRICE TREND, BY TECHNOLOGY 62
TABLE 4 AVERAGE SELLING PRICE, BY TECHNOLOGY, 2020–2029 (USD/TON) 62
6.4.5 AVERAGE SELLING PRICE TREND, BY APPLICATION 63
TABLE 5 AVERAGE SELLING PRICE, BY APPLICATION, 2020–2029 (USD/TON) 63
6.5 ECOSYSTEM MAP 63
TABLE 6 BRINE CONCENTRATION MINERALS MARKET: ECOSYSTEM 63
6.6 TECHNOLOGY ANALYSIS 64
TABLE 7 TECHNOLOGIES OFFERED IN BRINE CONCENTRATION MINERALS MARKET 64
6.7 PATENT ANALYSIS 65
6.7.1 METHODOLOGY 65
6.7.2 GRANTED PATENTS 65
TABLE 8 TOTAL NUMBER OF PATENTS, 2014–2023 66
6.7.2.1 Publication trend over last ten years 66
FIGURE 19 PATENTS GRANTED OVER LAST TEN YEARS 66
6.7.3 INSIGHTS 66
6.7.4 LEGAL STATUS 67
FIGURE 20 PATENT ANALYSIS, BY LEGAL STATUS 67
6.7.5 JURISDICTION ANALYSIS 67
FIGURE 21 REGIONAL ANALYSIS OF PATENTS GRANTED FOR BRINE CONCENTRATION MINERALS MARKET, 2023 67
6.7.6 TOP APPLICANTS 68
FIGURE 22 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENTS IN LAST TEN YEARS 68
TABLE 9 MAJOR PATENT OWNERS FOR BRINE CONCENTRATION MINERALS 68
6.7.7 KEY PATENTS FOR BRINE CONCENTRATION MINERALS 69
TABLE 10 BRINE CONCENTRATION MINERALS MARKET: MAJOR PATENTS 69
6.8 TRADE ANALYSIS 71
6.8.1 IMPORT SCENARIO 71
FIGURE 23 IMPORTS OF BRINE CONCENTRATION MINERALS, BY COUNTRY, 2022 (USD MILLION) 72
6.8.2 EXPORT SCENARIO 73
FIGURE 24 EXPORTS OF BRINE CONCENTRATION MINERALS, BY COUNTRY, 2022 (USD MILLION) 73
6.9 KEY CONFERENCES & EVENTS IN 2024–2025 73
TABLE 11 BRINE CONCENTRATION MINERALS MARKET: KEY CONFERENCES AND EVENTS, 2024–2025 73
6.10 TARIFF AND REGULATORY LANDSCAPE 74
6.10.1 TARIFFS RELATED TO BRINE CONCENTRATION MINERALS MARKET 74
TABLE 12 TARIFFS FOR BRINE CONCENTRATION MINERALS MARKET 74
6.10.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 74
TABLE 13 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 74
TABLE 14 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
TABLE 15 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 76
TABLE 16 MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 76
TABLE 17 SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 77
6.10.3 REGULATIONS RELATED TO BRINE CONCENTRATION MINERALS MARKET 77
TABLE 18 REGULATIONS FOR BRINE CONCENTRATION MINERALS MARKET 77
6.11 PORTER’S FIVE FORCES ANALYSIS 78
TABLE 19 IMPACT OF PORTER’S FIVE FORCES ON BRINE CONCENTRATION MINERALS MARKET 78
FIGURE 25 PORTER’S FIVE FORCES ANALYSIS: BRINE CONCENTRATION MINERALS MARKET 79
6.11.1 THREAT OF NEW ENTRANTS 79
6.11.2 THREAT OF SUBSTITUTES 80
6.11.3 BARGAINING POWER OF SUPPLIERS 80
6.11.4 BARGAINING POWER OF BUYERS 80
6.11.5 INTENSITY OF COMPETITIVE RIVALRY 81
6.12 KEY STAKEHOLDERS AND BUYING CRITERIA 81
6.12.1 KEY STAKEHOLDERS IN BUYING PROCESS 81
FIGURE 26 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS 81
TABLE 20 INFLUENCE OF INSTITUTIONAL BUYERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS 82
6.12.2 BUYING CRITERIA 82
FIGURE 27 KEY BUYING CRITERIA 82
TABLE 21 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 82
6.13 MACROECONOMIC INDICATORS 83
6.13.1 GDP TRENDS AND FORECAST OF MAJOR ECONOMIES 83
6.14 CASE STUDY ANALYSIS 84
6.14.1 INCREASING GLOBAL DESALINATION ACTIVITIES AND SUSTAINABLE BRINE MANAGEMENT 84
6.14.2 ENVIRONMENTAL IMPACT OF DIRECT LITHIUM EXTRACTION FROM BRINES 85
6.14.3 EXTRACTING MINERALS BY DESALINATING BRINE USING INNOVATIVE CAPACITIVE PHOTO ELECTROCATALYTIC DESALINATION CELLS 86
7 BRINE CONCENTRATION MINERALS MARKET, BY TECHNOLOGY 87
7.1 INTRODUCTION 88
FIGURE 28 SOLAR EVAPORATION SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 88
TABLE 23 BRINE CONCENTRATION MINERALS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 88
TABLE 24 BRINE CONCENTRATION MINERALS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 89
TABLE 25 BRINE CONCENTRATION MINERALS MARKET, BY TECHNOLOGY, 2020–2023 (KILOTON) 89
TABLE 26 BRINE CONCENTRATION MINERALS MARKET, BY TECHNOLOGY, 2024–2029 (KILOTON) 89
7.2 SOLAR EVAPORATION 90
7.2.1 EFFICIENT MINERAL EXTRACTION FROM SEAWATER DISTILLATION BRINE TO DRIVE MARKET 90
7.3 NANOFILTRATION-REVERSE OSMOSIS-MICROFILTRATION 91
7.3.1 GROWING DEMAND FOR EFFECTIVE MINERAL EXTRACTION METHODS TO BOOST MARKET 91
7.4 OSMOTICALLY ASSISTED RO 91
7.4.1 INCREASING NEED FOR HIGH WATER RECOVERY AND MINERAL CONCENTRATION TO DRIVE MARKET 91
7.5 OTHER TECHNOLOGIES 92
7.5.1 MEMBRANE DISTILLATION AND NANOFILTRATION 92
7.5.2 FORWARD OSMOSIS AND MEMBRANE CAPACITIVE DEIONIZATION 92
8 BRINE CONCENTRATION MINERALS, BY APPLICATION 93
8.1 INTRODUCTION 94
FIGURE 29 METALLURGICAL SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 94
TABLE 27 BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 95
TABLE 28 BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 95
TABLE 29 BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 95
TABLE 30 BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 96
8.2 METALLURGICAL 96
8.2.1 RESISTANCE TO EXTREME TEMPERATURES AND ENVIRONMENTAL SUSTAINABILITY TO FUEL MARKET 96
8.3 PHARMACEUTICAL AND FOOD & BEVERAGES 97
8.3.1 WIDE USE OF ESSENTIAL MINERALS IN PHARMACEUTICAL AND FOOD INDUSTRIES TO DRIVE MARKET 97
8.4 WATER TREATMENT 98
8.4.1 HIGH EFFICACY OF BRINE MINERALS IN WATER PURIFICATION TO DRIVE MARKET 98
8.5 FERTILIZERS 98
8.5.1 WIDE DEPLOYMENT IN SPECIFIC FORMULATIONS TO FUEL MARKET 98
8.6 CONSTRUCTION 99
8.6.1 EXTENSIVE USE IN WALL CLADDING AND CEILING SYSTEMS TO DRIVE MARKET 99
8.7 OTHER APPLICATIONS 99
8.7.1 PULP & PAPER 99
8.7.2 PLASTICS 100
8.7.3 POWER ELECTRONICS/ENERGY 100
9 BRINE CONCENTRATION MINERALS MARKET, BY TYPE 101
9.1 INTRODUCTION 102
FIGURE 30 MAGNESIUM DERIVATIVES TO LEAD MARKET DURING FORECAST PERIOD 102
TABLE 31 BRINE CONCENTRATION MINERALS MARKET, BY TYPE, 2020–2023 (USD MILLION) 102
TABLE 32 BRINE CONCENTRATION MINERALS MARKET, BY TYPE, 2024–2029 (USD MILLION) 103
TABLE 33 BRINE CONCENTRATION MINERALS MARKET, BY TYPE, 2020–2023 (KILOTON) 103
TABLE 34 BRINE CONCENTRATION MINERALS MARKET, BY TYPE, 2024–2029 (KILOTON) 103
9.2 SODIUM DERIVATIVES 104
9.2.1 WIDE APPLICATION IN AGRICULTURAL AND CONSUMER GOODS INDUSTRIES TO DRIVE MARKET 104
9.3 MAGNESIUM DERIVATIVES 104
9.3.1 RISING DEMAND FROM CONSTRUCTION SECTOR TO BOOST MARKET 104
9.4 CALCIUM DERIVATIVES 105
9.4.1 EXTENSIVE USE IN FOOD PRESERVATION TECHNIQUES TO DRIVE MARKET 105
9.5 POTASSIUM DERIVATIVES 105
9.5.1 INCREASING DEMAND IN CRYSTALLIZATION TECHNIQUES TO FUEL MARKET 105
9.6 OTHER TYPES 106
9.6.1 BROMINE 106
9.6.2 BORON 106
9.6.3 LITHIUM DERIVATIVES 106
10 BRINE CONCENTRATION MINERALS MARKET, BY REGION 108
10.1 INTRODUCTION 109
FIGURE 31 ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 109
TABLE 35 BRINE CONCENTRATION MINERALS MARKET, BY REGION, 2020–2023 (USD MILLION) 110
TABLE 36 BRINE CONCENTRATION MINERALS MARKET, BY REGION, 2024–2029 (USD MILLION) 110
TABLE 37 BRINE CONCENTRATION MINERALS MARKET, BY REGION, 2020–2023 (KILOTON) 110
TABLE 38 BRINE CONCENTRATION MINERALS MARKET, BY REGION, 2024–2029 (KILOTON) 111
10.2 ASIA PACIFIC 111
10.2.1 RECESSION IMPACT 112
FIGURE 32 ASIA PACIFIC: BRINE CONCENTRATION MINERALS MARKET SNAPSHOT 112
TABLE 39 ASIA PACIFIC: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 113
TABLE 40 ASIA PACIFIC: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 113
TABLE 41 ASIA PACIFIC: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2020–2023 (KILOTON) 113
TABLE 42 ASIA PACIFIC: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2024–2029 (KILOTON) 114
TABLE 43 ASIA PACIFIC: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 114
TABLE 44 ASIA PACIFIC: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 114
TABLE 45 ASIA PACIFIC: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 115
TABLE 46 ASIA PACIFIC: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 115
10.2.2 CHINA 115
10.2.2.1 Advancements in mineral extraction technology to drive market 115
TABLE 47 CHINA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 116
TABLE 48 CHINA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 116
TABLE 49 CHINA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 117
TABLE 50 CHINA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 117
10.2.3 JAPAN 117
10.2.3.1 Well-established automotive and electronics sectors to drive market 117
TABLE 51 JAPAN: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 118
TABLE 52 JAPAN: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 118
TABLE 53 JAPAN: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 119
TABLE 54 JAPAN: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 119
10.2.4 INDIA 119
10.2.4.1 Economic development and adoption of sustainable technologies to drive market 119
TABLE 55 INDIA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 120
TABLE 56 INDIA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 120
TABLE 57 INDIA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 121
TABLE 58 INDIA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 121
10.2.5 SOUTH KOREA 121
10.2.5.1 Rising demand for electric vehicles and renewable energy technology to drive market 121
TABLE 59 SOUTH KOREA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 122
TABLE 60 SOUTH KOREA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 122
TABLE 61 SOUTH KOREA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 123
TABLE 62 SOUTH KOREA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 123
10.2.6 REST OF ASIA PACIFIC 123
TABLE 63 REST OF ASIA PACIFIC: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 124
TABLE 64 REST OF ASIA PACIFIC: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 124
TABLE 65 REST OF ASIA PACIFIC: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 124
TABLE 66 REST OF ASIA PACIFIC: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 125
10.3 NORTH AMERICA 125
10.3.1 RECESSION IMPACT 126
FIGURE 33 NORTH AMERICA: BRINE CONCENTRATION MINERALS MARKET SNAPSHOT 126
TABLE 67 NORTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 127
TABLE 68 NORTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 127
TABLE 69 NORTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2020–2023 (KILOTON) 127
TABLE 70 NORTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2024–2029 (KILOTON) 127
TABLE 71 NORTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 128
TABLE 72 NORTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 128
TABLE 73 NORTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 128
TABLE 74 NORTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 129
10.3.2 US 129
10.3.2.1 Growth of manufacturing sector to drive market 129
TABLE 75 US: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 130
TABLE 76 US: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 130
TABLE 77 US: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 130
TABLE 78 US: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 131
10.3.3 CANADA 131
10.3.3.1 Increasing demand for lithium-ion batteries to fuel market 131
TABLE 79 CANADA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 132
TABLE 80 CANADA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 132
TABLE 81 CANADA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 132
TABLE 82 CANADA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 133
10.3.4 MEXICO 133
10.3.4.1 Thriving mining and automotive sectors to drive market 133
TABLE 83 MEXICO: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 134
TABLE 84 MEXICO: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 134
TABLE 85 MEXICO: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 134
TABLE 86 MEXICO: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 135
10.4 EUROPE 135
10.4.1 RECESSION IMPACT 135
FIGURE 34 EUROPE: BRINE CONCENTRATION MINERALS MARKET SNAPSHOT 136
TABLE 87 EUROPE: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 137
TABLE 88 EUROPE: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 137
TABLE 89 EUROPE: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2020–2023 (KILOTON) 137
TABLE 90 EUROPE: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2024–2029 (KILOTON) 138
TABLE 91 EUROPE: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 138
TABLE 92 EUROPE: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 138
TABLE 93 EUROPE: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 139
TABLE 94 EUROPE: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 139
10.4.2 GERMANY 139
10.4.2.1 Wide establishment of chemical industries to drive market 139
TABLE 95 GERMANY: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 140
TABLE 96 GERMANY: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 140
TABLE 97 GERMANY: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 141
TABLE 98 GERMANY: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 141
10.4.3 ITALY 141
10.4.3.1 Increased adoption of desalination systems to fuel market 141
TABLE 99 ITALY: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 142
TABLE 100 ITALY: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 142
TABLE 101 ITALY: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 143
TABLE 102 ITALY: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 143
10.4.4 FRANCE 143
10.4.4.1 Increased lithium extraction and rapid expansion of electric vehicles to drive market 143
TABLE 103 FRANCE: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 144
TABLE 104 FRANCE: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 144
TABLE 105 FRANCE: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 145
TABLE 106 FRANCE: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 145
10.4.5 UK 145
10.4.5.1 Rising environmental consciousness and deployment of desalination plants to drive market 145
TABLE 107 UK: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 146
TABLE 108 UK: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 146
TABLE 109 UK: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 147
TABLE 110 UK: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 147
10.4.6 SPAIN 147
10.4.6.1 Infrastructure development and investments in renewable energy projects to drive market 147
TABLE 111 SPAIN: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 148
TABLE 112 SPAIN: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 148
TABLE 113 SPAIN: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 149
TABLE 114 SPAIN: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 149
10.4.7 REST OF EUROPE 149
TABLE 115 REST OF EUROPE: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 150
TABLE 116 REST OF EUROPE: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 150
TABLE 117 REST OF EUROPE: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 150
TABLE 118 REST OF EUROPE: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 151
10.5 MIDDLE EAST & AFRICA 151
10.5.1 RECESSION IMPACT 152
TABLE 119 MIDDLE EAST & AFRICA: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 152
TABLE 120 MIDDLE EAST & AFRICA: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 152
TABLE 121 MIDDLE EAST & AFRICA: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2020–2023 (KILOTON) 153
TABLE 122 MIDDLE EAST & AFRICA: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2024–2029 (KILOTON) 153
TABLE 123 MIDDLE EAST & AFRICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 154
TABLE 124 MIDDLE EAST & AFRICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 154
TABLE 125 MIDDLE EAST & AFRICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2019–2022 (KILOTON) 154
TABLE 126 MIDDLE EAST & AFRICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 155
10.5.2 GCC COUNTRIES 155
TABLE 127 GCC COUNTRIES: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 155
TABLE 128 GCC COUNTRIES: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 155
TABLE 129 GCC COUNTRIES: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2019–2022 (KILOTON) 156
TABLE 130 GCC COUNTRIES: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 156
10.5.2.1 SAUDI ARABIA 156
10.5.2.1.1 Economic diversification and increasing infrastructure development projects to drive market 156
TABLE 131 SAUDI ARABIA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 157
TABLE 132 SAUDI ARABIA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 157
TABLE 133 SAUDI ARABIA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 158
TABLE 134 SAUDI ARABIA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 158
10.5.2.2 UAE 158
10.5.2.2.1 Strategic diversification and focus on renewable energy projects to drive market 158
TABLE 135 UAE: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 159
TABLE 136 UAE: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 159
TABLE 137 UAE: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 160
TABLE 138 UAE: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 160
10.5.2.3 REST OF GCC COUNTRIES 160
TABLE 139 REST OF GCC COUNTRIES: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 161
TABLE 140 REST OF GCC COUNTRIES: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 161
TABLE 141 REST OF GCC COUNTRIES: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 161
TABLE 142 REST OF GCC COUNTRIES: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 162
10.5.3 SOUTH AFRICA 162
10.5.3.1 Industrialization and technological advancements to drive market 162
TABLE 143 SOUTH AFRICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 163
TABLE 144 SOUTH AFRICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 163
TABLE 145 SOUTH AFRICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 163
TABLE 146 SOUTH AFRICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 164
10.5.4 REST OF MIDDLE EAST & AFRICA 164
TABLE 147 REST OF MIDDLE EAST & AFRICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 164
TABLE 148 REST OF MIDDLE EAST & AFRICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 165
TABLE 149 REST OF MIDDLE EAST & AFRICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 165
TABLE 150 REST OF MIDDLE EAST & AFRICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 165
10.6 SOUTH AMERICA 166
10.6.1 RECESSION IMPACT 166
TABLE 151 SOUTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 167
TABLE 152 SOUTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 167
TABLE 153 SOUTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2020–2023 (KILOTON) 167
TABLE 154 SOUTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY COUNTRY, 2024–2029 (KILOTON) 168
TABLE 155 SOUTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 168
TABLE 156 SOUTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 168
TABLE 157 SOUTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 169
TABLE 158 SOUTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 169
10.6.2 ARGENTINA 169
10.6.2.1 Government incentives and foreign investments to drive market 169
TABLE 159 ARGENTINA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 170
TABLE 160 ARGENTINA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 170
TABLE 161 ARGENTINA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 171
TABLE 162 ARGENTINA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 171
10.6.3 BRAZIL 171
10.6.3.1 Growth of agricultural sector to drive market 171
TABLE 163 BRAZIL: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 172
TABLE 164 BRAZIL: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 172
TABLE 165 BRAZIL: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 172
TABLE 166 BRAZIL: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 173
10.6.4 REST OF SOUTH AMERICA 173
TABLE 167 REST OF SOUTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 173
TABLE 168 REST OF SOUTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 174
TABLE 169 REST OF SOUTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 174
TABLE 170 REST OF SOUTH AMERICA: BRINE CONCENTRATION MINERALS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 174
11 COMPETITIVE LANDSCAPE 175
11.1 INTRODUCTION 175
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 175
11.2.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY BRINE CONCENTRATION MINERAL MANUFACTURERS 175
11.3 MARKET SHARE ANALYSIS 177
11.3.1 RANKING OF KEY MARKET PLAYERS, 2022 177
FIGURE 35 RANKING OF TOP FIVE PLAYERS IN BRINE CONCENTRATION MINERALS MARKET, 2022 177
11.3.2 MARKET SHARE OF KEY PLAYERS 177
TABLE 171 BRINE CONCENTRATION MINERALS MARKET: DEGREE OF COMPETITION 178
FIGURE 36 BRINE CONCENTRATION MINERALS MARKET: SHARE OF KEY PLAYERS 178
11.3.2.1 Albemarle Corporation 178
11.3.2.2 Ganfeng Lithium Group Co., Ltd. 179
11.3.2.3 ICL Industrial Products 179
11.3.2.4 SQM S.A. 179
11.3.2.5 Arcadium Lithium 179
11.4 REVENUE ANALYSIS 180
FIGURE 37 REVENUE OF KEY PLAYERS, 2020–2024 180
11.5 COMPANY EVALUATION MATRIX 180
11.5.1 STARS 180
11.5.2 EMERGING LEADERS 180
11.5.3 PERVASIVE PLAYERS 181
11.5.4 PARTICIPANTS 181
FIGURE 38 BRINE CONCENTRATION MINERALS MARKET: COMPANY EVALUATION MATRIX, 2022 181
11.5.5 COMPANY FOOTPRINT ANALYSIS 182
TABLE 172 KEY COMPANY TYPE FOOTPRINT (10 COMPANIES) 182
TABLE 173 KEY COMPANY APPLICATION FOOTPRINT (10 COMPANIES) 182
TABLE 174 KEY COMPANY TECHNOLOGIES FOOTPRINT (10 COMPANIES) 183
TABLE 175 KEY COMPANY REGIONAL FOOTPRINT (10 COMPANIES) 184
11.6 STARTUP/SME EVALUATION MATRIX 184
11.6.1 PROGRESSIVE COMPANIES 184
11.6.2 RESPONSIVE COMPANIES 184
11.6.3 DYNAMIC COMPANIES 184
11.6.4 STARTING BLOCKS 184
FIGURE 39 BRINE CONCENTRATION MINERALS MARKET: STARTUP/SME EVALUATION MATRIX, 2022 185
11.6.5 COMPETITIVE BENCHMARKING 186
TABLE 176 BRINE CONCENTRATION MINERALS MARKET: KEY STARTUPS/SMES 186
FIGURE 40 BRINE CONCENTRATION MINERALS MARKET: BUSINESS STRATEGY FOOTPRINT 187
FIGURE 41 BRINE CONCENTRATION MINERALS MARKET: PRODUCT OFFERING STRATEGY 188
11.6.5.1 Brine concentration minerals market: Competitive benchmarking of key startups/SMEs 189
TABLE 177 TYPE FOOTPRINT OF SME PLAYERS (15 COMPANIES) 189
TABLE 178 KEY COMPANY APPLICATION FOOTPRINT OF SME PLAYERS (15 COMPANIES) 190
TABLE 179 TECHNOLOGIES FOOTPRINT OF SME PLAYERS (15 COMPANIES) 191
TABLE 180 REGION FOOTPRINT OF SME PLAYERS (15 COMPANIES) 192
11.7 COMPETITIVE SCENARIOS AND TRENDS 192
11.7.1 DEALS 192
TABLE 181 BRINE CONCENTRATION MINERALS MARKET: DEALS (2020–2023) 192
11.7.2 OTHER DEVELOPMENTS 195
TABLE 182 BRINE CONCENTRATION MINERALS MARKET: OTHER DEVELOPMENTS (2019–2023) 195
12 COMPANY PROFILES 199
(Business overview, Products/Services/Solutions offered, Recent Developments, MNM view)*
12.1 KEY PLAYERS 199
12.1.1 MAGRATHEA 199
TABLE 183 MAGRATHEA: COMPANY OVERVIEW 199
TABLE 184 MAGRATHEA: PRODUCT OFFERINGS 199
12.1.2 OLOKUN MINERALS 201
TABLE 185 OLOKUN MINERALS: COMPANY OVERVIEW 201
TABLE 186 OLOKUN MINERALS: PRODUCT OFFERINGS 201
12.1.3 ALBEMARLE CORPORATION 203
TABLE 187 ALBEMARLE CORPORATION: COMPANY OVERVIEW 203
FIGURE 42 ALBEMARLE CORPORATION: COMPANY SNAPSHOT 203
TABLE 188 ALBEMARLE CORPORATION: PRODUCT OFFERINGS 204
TABLE 189 ALBEMARLE CORPORATION: DEALS 205
TABLE 190 ALBEMARLE CORPORATION: OTHER DEVELOPMENTS 206
12.1.4 GANFENG LITHIUM GROUP CO., LTD. 210
TABLE 191 GANFENG LITHIUM GROUP CO., LTD.: COMPANY OVERVIEW 210
FIGURE 43 GANFENG LITHIUM GROUP CO., LTD.: COMPANY SNAPSHOT 211
TABLE 192 GANFENG LITHIUM GROUP CO., LTD.: PRODUCT OFFERINGS 211
TABLE 193 GANFENG LITHIUM GROUP CO., LTD.: DEALS 213
TABLE 194 GANFENG LITHIUM GROUP CO., LTD.: OTHER DEVELOPMENTS 214
12.1.5 ARCADIUM LITHIUM 216
TABLE 195 ARCADIUM LITHIUM: COMPANY OVERVIEW 216
FIGURE 44 ARCADIUM LITHIUM: COMPANY SNAPSHOT 217
TABLE 196 ARCADIUM LITHIUM: PRODUCT OFFERINGS 217
12.1.6 ICL INDUSTRIAL PRODUCTS 220
TABLE 197 ICL INDUSTRIAL PRODUCTS: COMPANY OVERVIEW 220
FIGURE 45 ICL INDUSTRIAL PRODUCTS: COMPANY SNAPSHOT 221
TABLE 198 ICL INDUSTRIAL PRODUCTS: PRODUCT OFFERINGS 221
TABLE 199 ICL INDUSTRIAL PRODUCTS: DEALS 223
TABLE 200 ICL INDUSTRIAL PRODUCTS: OTHER DEVELOPMENTS 223
12.1.7 SQM S.A. 225
TABLE 201 SQM S.A.: COMPANY OVERVIEW 225
FIGURE 46 SQM S.A.: COMPANY SNAPSHOT 226
TABLE 202 SQM S. A.: PRODUCT OFFERINGS 226
TABLE 203 SQM S. A.: DEALS 227
TABLE 204 SQM S.A.: OTHER DEVELOPMENTS 227
12.1.8 SOLVAY 229
TABLE 205 SOLVAY: COMPANY OVERVIEW 229
FIGURE 47 SOLVAY: COMPANY SNAPSHOT 230
TABLE 206 SOLVAY: PRODUCT OFFERINGS 230
12.1.9 SEALEAU 232
TABLE 207 SEALEAU: COMPANY OVERVIEW 232
TABLE 208 SEALEAU: PRODUCT OFFERINGS 232
12.1.10 KONOSHIMA CHEMICALS CO., LTD. 234
TABLE 209 KONOSHIMA CHEMICALS CO., LTD.: COMPANY OVERVIEW 234
FIGURE 48 KONOSHIMA CHEMICALS CO., LTD.: COMPANY SNAPSHOT 234
TABLE 210 KONOSHIMA CHEMICALS CO., LTD.: PRODUCT OFFERINGS 235
12.2 OTHER PLAYERS 237
12.2.1 KMX TECHNOLOGIES 237
TABLE 211 KMX TECHNOLOGIES: COMPANY OVERVIEW 237
12.2.2 SALTWORKS TECHNOLOGIES INC. 238
TABLE 212 SALTWORKS TECHNOLOGIES INC.: COMPANY OVERVIEW 238
12.2.3 CONDUCTIVE ENERGY INC. 239
TABLE 213 CONDUCTIVE ENERGY INC.: COMPANY OVERVIEW 239
12.2.4 MINERVA LITHIUM 239
TABLE 214 MINERVA LITHIUM: COMPANY OVERVIEW 239
12.2.5 ADIONICS 240
TABLE 215 ADIONICS: COMPANY OVERVIEW 240
12.2.6 LILAC SOLUTIONS 240
TABLE 216 LILAC SOLUTIONS: COMPANY OVERVIEW 240
12.2.7 AQUAFORTUS 241
TABLE 217 AQUAFORTUS: COMPANY OVERVIEW 241
12.2.8 STANDARD LITHIUM LTD. 242
TABLE 218 STANDARD LITHIUM LTD.: COMPANY OVERVIEW 242
12.2.9 ROCK TECH LITHIUM INC. 242
TABLE 219 ROCK TECH LITHIUM INC.: COMPANY OVERVIEW 242
12.2.10 ENERGY EXPLORATION TECHNOLOGIES 243
TABLE 220 ENERGY EXPLORATION TECHNOLOGIES: COMPANY OVERVIEW 243
12.2.11 ESPIKU LLC 243
TABLE 221 ESPIKU LLC: COMPANY OVERVIEW 243
12.2.12 KAZAN SODA ELEKTRIK 244
TABLE 222 KAZAN SODA ELEKTRIK: COMPANY OVERVIEW 244
*Details on Business overview, Products/Services/Solutions offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
13 APPENDIX 245
13.1 DISCUSSION GUIDE 245
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 248
13.3 CUSTOMIZATION OPTIONS 250
13.4 RELATED REPORTS 250
13.5 AUTHOR DETAILS 251