15.8% CAGR Surge: Why Minerals for Lithium Batteries Could Reach USD 92.7 Billion by 2034 Global Minerals for Lithium Batteries Market is entering a phase of unprecedented expansion. Valued at USD 28.5 billion in 2025, the market is projected to grow from USD 33.2 billion in 2026 to USD 92.7 billion by 2034, registering a remarkable 15.8% CAGR, according to 24Chemical Research. This surge is fueled by accelerating electric vehicle (EV) adoption, rapid deployment of grid-scale energy storage, and continuous innovation in consumer electronics. Critical minerals such as lithium, nickel, cobalt, manganese, and graphite form the backbone of lithium-ion battery production, supporting high energy density, performance, and durability. The EV revolution remains the dominant growth engine, with global electrification policies and automaker investments driving exponential mineral demand. Parallel expansion in renewable energy storage systems further strengthens long-term demand visibility. Meanwhile, advancements in battery chemistry—such as lithium iron phosphate (LFP) and high-nickel cathodes—are reshaping mineral consumption patterns. Despite strong growth, the market faces supply chain concentration risks, ESG scrutiny, long mine development timelines, and geopolitical pressures. However, major investments in recycling technologies, vertical integration partnerships, and regional supply diversification are reshaping the competitive landscape. 📥 Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/269321/global-minerals-for-lithium-batteries-forecast-market-2024-2030-381 🔗 Get Full Report: https://www.24chemicalresearch.com/reports/269321/global-minerals-for-lithium-batteries-forecast-market-2024-2030-381 About 24Chemical Research Providing trusted chemical and materials market intelligence since 2015, serving 30+ Fortune 500 companies worldwide. 📞 Asia: +91 9169162030 🌐 https://www.24chemicalresearch.com/ 🔗 LinkedIn: https://www.linkedin.com/company/24chemicalresearch