Lithium Market: Global Procurement Intelligence Report - Rise in Investments in the Generation of Energy from Renewable Sources is a Major Driver - ResearchAndMarkets.com
May. 17, 2018
DUBLIN--(BUSINESS WIRE)--May 17, 2018--The "Global Lithium - Procurement Market Intelligence Report" report has been added to ResearchAndMarkets.com's offering.
The report provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
The report provides actionable insights to improve source-to-contract cycle performance in the Global Lithium Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
One of the best procurement practices for the buyers is to enter into exclusive agreements with suppliers to ensure continuity of supply over longer durations.
According to the report, a major growth driver of this market is the rise in investments in the generation of energy from renewable sources, such as solar and wind, leading to a higher requirement for energy storage devices.
Further, the report states that a key procurement challenge faced by buyers is the difficulty in locating suppliers that can provide uninterrupted supply. The buyers continuously face problems of interruptions in supply due to issues such as labor unrest, unfavorable climatic conditions, and accidents at lithium extraction facilities.
Companies MentionedAlbemarle SQM FMC Tianqi Lithium Ganfeng Lithium
Key Topics Covered
1. Category at a Glance
2. Scope of the Report
3. Market Insights
4. Supply Market Insights
5. Pricing Insights
6. Procurement Insights
7. Top Five Suppliers
For more information about this report visit https://www.researchandmarkets.com/research/dv9zjn/lithium_market?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180517006138/en/
Laura Wood, Senior Manager
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Related Topics:Non Ferrous Metals
INDUSTRY KEYWORD: MANUFACTURING STEEL
SOURCE: Research and Markets
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PUB: 05/17/2018 01:04 PM/DISC: 05/17/2018 01:04 PM