Lepidolite Market 2016 Share, Trend, Segmentation and Forecast Lepidolite Market - Global Industry Analysis, Size | Page 2

electric insulator, ornamental use, lithium production, and others. Lithium
production is the prominent application segment of the mineral, due to significant
importance of lithium metal in batteries. Specimen is also a major application
segment of the lepidolite market.
In terms of geography, the market for lepidolite can be segregated into Asia Pacific,
Europe, North America, Latin America, and Middle East & Africa. Developed regions
such as North America and Europe are the key consumers of lepidolite due to the
large disposable income of consumers and strong growth in industries. Asia Pacific
is also a sizeable market for lepidolite, led by the rapid industrialization,
urbanization, increase in population, and presence of fast-growing economies. High
demand for lithium ion and lithium polymer batteries in Asia Pacific, North America,
and Europe is projected to offer immense opportunities for the lepidolite market in
these regions. High demand for jewelry and ornaments in GCC is also a major factor
likely to boost the lepidolite market in Middle East & Africa during the forecast
period.
Key players operating in the global lepidolite market are Lithium Australia NL,
Hallgarten & Company, Hangzhou J&H Chemical Co. Ltd, SVS Chemical Corporation,
Cristian Grup Srl, Mc Chemical Co., Ltd, and Univar.
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