Albemarle Investor Presentation
Jan
Feb
2
4
9
8
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
10
Increasing Our Lithium Market Demand Outlook: 5x Growth by 2030
Cumulative Sales by Year¹
(M units)
2022 vs. 2021:
+64%
Global EV
Production /
Market Penetration²
2022-2027
Lithium Demand
ALB Projections³
(MMt LCE)
2019
2.5
CAGR: 25-30%
4.0
48%
3.5
3.0
46.9
1.8M Mt
28%
2.5
2025
18%
2.0
14%
25.7
1.5
3%
15.7
11.2
1.0
2022E
2023E
2025E
1 Marklines data as of 01/25/2023 2 S&P Global Mobility, Global Production based Alternative Propulsion Forecast, November 2022 3 Albemarle analysis
2030E
2019
0.5
3.7M Mt
2030
2019
2021
2020
2022
EV production (M)
--EV penetration (%)
2020
-2022
2021
⚫2023
EV
Grid
Mobility
Consumer Electronics
Industrial
Inventory Change
2030E lithium demand of 3.7MMt LCE +15% from previous forecast due to IRA and strong EV demand
2021
2023
2025
2027
2029
2022E
by Application ³
(MMt LCE)
2022-2027
CAGR: 25-30%
3.7M Mt
0.8M Mt
1.8M Mt
.il
1.2M Mt
2023E
23
ALBEMARLE 23
2025E
2030EView entire presentation