Lithium is the lightest of all the alkaline metals in the Periodic Table, with soft, silvery white, high specific heat and electrochemical potential and extremely active chemical properties. With the promotion of new energy vehicles, the acceleration of digital electronic products , Lithium-ion battery market also will be rapid development.
Global lithium battery shipments continued to grow.According to the "2018-2023 global and China lithium industry in-depth research and investment prospect consulting report 2018-2023" released by the China Research Institute of Industry and Information Technology predicted that in 2017 the global lithium-ion battery market will reach 206.06 billion yuan By 2018, the global lithium battery market will reach 231.326 billion yuan.
Lithium-ion batteries are becoming more widely used in energy storage applications, and in addition to the field of electric mobility, the use of lithium-ion batteries in consumer electronics products is also very important.In the past decade, consumer electronics (mainly smart phones, Portable devices and laptops) have boosted the demand for lithium compounds in the previous wave with a CAGR of 7% from 2012 to 2017. In the future, consumer electronics products will remain an important application and it is estimated that in 2017 The division will have a CAGR of 5% by 2022.