openPR Logo
Press release

Global Lithium Chemicals Market 2024 By Top Industries: Chengdu Tianqi, Talison, Abermarle, Sichuan Brivo, and Mody Chemi Pharma Ltd.

10-19-2018 01:35 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights Inc.

Global Market Insights

Global Market Insights

North America lithium chemicals market led by the U.S., Canada and Mexico is poised to rise substantially by 2024 on account of rising efforts by mining companies to tap new ore deposits to increase self-sufficiency. Sales of plugin electric vehicles in the U.S. surpassed 70,000 units in 2016 pertaining to lower GHG emissions as compared to fuel power vehicles and low cost compared to battery-powered vehicles which may boost product demand.

Lithium Chemicals Market size is predicted to rise significantly in the forecast timeframe owing to rising demand for rechargeable batteries from the electric vehicle segment comprising battery-powered vehicles, hybrid and plug-in vehicles. These products also have vast application potential in cellphones, digital cameras, laptops and calculators where they are replacing alkaline batteries pertaining to their light weight and low cost.

Request for a Table of Content of this research report @ https://www.gminsights.com/request-toc/upcoming/2959

Lithium is a silvery white, soft substance which represents the first alkaline substance in the periodic table. These products are compounds of metals including chloride, carbonate, hydroxide, butyl and bromide. Lithium chemicals exhibit optimal fluxing & catalytic properties, high thermal expansion coefficient & electrochemical potential. Moreover, these products offer various benefits such as high thermal conductivity, specific heat, and low density & viscosity which may accelerate growth of lithium chemicals market size.

Rising environmental awareness among consumers & regulatory bodies, switching preferences from fuel-powered to electrical vehicles, and growing demand for portable equipment powered by li-ion batteries is likely to boost lithium chemicals market size. Lithium’s light weight and density, which is lower than all other solids increase product suitability for heat-resistant, ceramics & glass manufacture and low-weight high-strength aluminum alloys used in aerospace industry. Global ceramic market size is predicted to surpass USD 10 billion by 2024, on account of rising demand from the booming construction segment in China and India which represents ample growth opportunities for lithium chemicals market size.

These products cater to diverse industries such as lubricant, aluminum production, air treatment, rubber & thermoplastic manufacturing, aerospace and pharmaceutical industries which may spur lithium chemicals market growth. Stearates find use in the lubricant industry as a constituent of grease to impart thickening properties. In aluminum smelting, these products help reduce fluorine emissions and lower power consumption. Chlorides act as absorbents & desiccants in air treatment by regulating humidity. Moreover, carbonates are a vital ingredient in pharmaceutical products for treating manic depression and bipolar disorder which may promote lithium chemicals market growth.

Request for a Customization of this research report @ https://www.gminsights.com/roc/2959

Europe led by Germany, UK, France, and Spain lithium chemicals market size may witness rapid gains in the forecasted timeframe owing to increased aircraft manufacture driven by the booming tourism industry and rising passenger preference for chartered flights. UK aerospace market surpassed USD 40 billion in 2017 pertaining to increased spending by manufacturers and rising exports which is poised to stimulate product demand.

Asia Pacific lithium chemicals market led by China, India, Japan and South Korea may experience significant growth by 2024 pertaining to rising disposable income in the region which has led to increased demand for mobile devices. China smartphone market size surpassed USD 130 billion in 2016 owing to the presence of a rich manufacturing industry in the country, increasing product popularity and increasing competition with foreign manufacturers which has led to improvements in product offering and may boost lithium chemicals market growth.

Global lithium chemicals market share is significantly competitive and fragmented among various manufacturers such as Chengdu Tianqi, Talison, Abermarle, Sichuan Brivo, and Mody Chemi Pharma Ltd. Several prominent manufacturers are engaging in strategic acquisitions of foreign firms to complement their product portfolio and ensure market expansion.

Browse Full Report @ https://bit.ly/2OAwKC4

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Lithium Chemicals Market 2024 By Top Industries: Chengdu Tianqi, Talison, Abermarle, Sichuan Brivo, and Mody Chemi Pharma Ltd. here

News-ID: 1315113 • Views:

More Releases from Global Market Insights Inc.

Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Included – Dow Dupont Inc., BASF SE, Clariant AG & More
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application. The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - Walmart, Costco Wholesale Corporation, LGM Pharma
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil. Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Trends to 2024 | MFG Chemicals, Huntsman Corporation, and Stepan Company
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024. Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care. Sulfosuccinates are mainly a mild type
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/233 Top Key Players in The Market are: Graphenea S.A., Applied Graphene Materials plc, ACS

All 5 Releases


More Releases for Lithium

Lithium Compounds Market To Witness Massive Growth | Competitive Outlook Albemar …
Lithium compounds market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account 20.04 billion by 2027 growing with the CAGR of 20.90% in the above-mentioned forecast period. Huge investments in infrastructure developments is a vital factor driving the growth of lithium compounds market swiftly. The Lithium Compounds Market research report assesses the ongoing as well as future
Lithium Compounds Market 2020-2025 Global Analysis & Opportunity Assessment | Li …
The global Lithium Compound market size is projected to reach over USD 9 billion by 2025. Lithium is an alkali metal that is generally present among the soil, human body, animals, and plants. It is a light weight metal with less density when compared to other elements. The lithium compounds, primarily find its application in rechargeable and non-rechargeable batteries. The lithium is primarily used across glass & ceramics, Li-ion batteries,
Lithium Compounds Market Analysis & Industry Outlook 2019-2025| Livent Corporati …
The global Lithium Compound market size is projected to reach over USD 9 billion by 2025. Lithium is an alkali metal that is generally present among the soil, human body, animals, and plants. It is a light weight metal with less density when compared to other elements. The lithium compounds, primarily find its application in rechargeable and non-rechargeable batteries. The lithium is primarily used across glass & ceramics, Li-ion batteries,
Lithium Compounds Market Scenario & Industry Outlook 2019-2025| Livent Corporati …
The global lithium compound market size is projected to reach over USD 9 billion by 2025.The report on lithium compound market is aimed to equip report readers with versatile understanding on diverse marketing opportunities that are rampantly available across regional hubs. A thorough assessment and evaluation of these factors are likely to influence incremental growth prospects in the lithium compound market. Request sample copy of this report at: https://www.adroitmarketresearch.com/contacts/request-sample/1445 Additionally, in this
Lithium Fluoride Market players Jiangxu Ganfeng Lithium, Harshil Fluoride Brivo …
The developing in the glass, optics and electronic and electrical industries has initiated a high demand for Lithium and related compounds. Lithium and lithium based compounds are one the key substances that have dynamic usage, either as a feedstock or as product. One of the most commercially important compound is Lithium fluoride. Lithium fluoride is an odorless, crystalline lithium salt manufactured by the reaction of lithium hydroxide with hydrogen fluoride.
Lithium Hydroxide Market | Key Players are FMC Corporation, Sociedad Quimica Min …
Lithium Hydroxide (LiOH) is an inorganic compound that is insoluble in water and partially soluble in ethanol. It is commercially available as a monohydrate (LiOH.H2O) and in anhydrous form, both of which are strong bases. On the basis of purity level, it is also available in battery grade and technical grade. Lithium hydroxide is manufactured by means of a metathesis reaction between calcium hydroxide and lithium carbonate and it finds