During the next decade, copper is forecast to reach the world's largest market value amongst other critical materials, with a projected value of 394 billion U.S. dollars by 2029. Ranking second, the global market value of lithium is estimated to surpass 191 billion U.S. dollars by 2028. Meanwhile, graphene's market value is forecast to reach some 1.3 billion U.S. dollars by that same year. These minerals and materials are expected to play a critical role in the growth of next generation technologies.
Forecast market value of selected critical materials worldwide from 2027 to 2030
(in billion U.S. dollars)
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Visual Capitalist. (December 14, 2022). Forecast market value of selected critical materials worldwide from 2027 to 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1361230/forecast-global-market-value-of-critical-materials/
Visual Capitalist. "Forecast market value of selected critical materials worldwide from 2027 to 2030 (in billion U.S. dollars) ." Chart. December 14, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1361230/forecast-global-market-value-of-critical-materials/
Visual Capitalist. (2022). Forecast market value of selected critical materials worldwide from 2027 to 2030 (in billion U.S. dollars) . Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1361230/forecast-global-market-value-of-critical-materials/
Visual Capitalist. "Forecast Market Value of Selected Critical Materials Worldwide from 2027 to 2030 (in Billion U.S. Dollars) ." Statista, Statista Inc., 14 Dec 2022, https://www.statista.com/statistics/1361230/forecast-global-market-value-of-critical-materials/
Visual Capitalist, Forecast market value of selected critical materials worldwide from 2027 to 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1361230/forecast-global-market-value-of-critical-materials/ (last visited November 21, 2024)
Forecast market value of selected critical materials worldwide from 2027 to 2030 (in billion U.S. dollars) [Graph], Visual Capitalist, December 14, 2022. [Online]. Available: https://www.statista.com/statistics/1361230/forecast-global-market-value-of-critical-materials/
