Lithium Bromide Market Size, Share, Development by 2024

Global Info Research offers a latest published report on Lithium Bromide Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Lithium Bromide players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Lithium Bromide with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Click to view the full report TOC, figure and tables:
https://www.globalinforesearch.com/global-lithium-bromide-market_p145833.html

 
Lithium bromide is a chemical compound of lithium and bromine. Formula: LiBr. White cubic crystal or granular powder, easily soluble in water, soluble in alcohol and ether, slightly soluble in pyridine, it can soluble in methanol, acetone, ethylene glycol and other organic solvents. It is generally used in certain air conditioning systems.

Scope of the Report:
Lithium bromide has wide application range and in future its applications will increase further. But the demand of lithium bromide will decrease in future. The price of lithium bromide was increasing largely from 2010 to 2015, it is from 4600 USD/MT to 5500 USD/MT, and it will also increase in future. The global gross margin is at about 18-20%.
This industry is affected by the downstream applications, so it’s important to keep an eye on downstream industries. With the decreasing global downstream industries, less and less people pay attention to rising environment standards, the need and production of lithium bromide will decrease.
We tend to believe that this industry is now close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in future too, as competition intensifies, prices gap between different brands will go on narrowing. Similarly, there will be fluctuation in gross margin.
The worldwide market for Lithium Bromide is expected to grow at a CAGR of roughly -1.1% over the next five years, will reach 83 million US$ in 2024, from 88 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Lithium Bromide in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
    Rockwood Lithium
    FMC Corporation
    Leverton-Clarke
    ICL-IP
    Shreenivas Chemicals
    Dhara Fine Chem
    Westman Chemicals
    Nanjing Taiye Chemical
    Honjo Chemical
    Haoxin Liyan
    Jiangsu World Chemical Industry
    Jiangxi Dongpeng New Materials
    Dongying Bromate Chemicals
    Shanghai China Lithium Industrial
    Shandong Tianxin Chemical
    Huizhi Lithium Energy

Market Segment by Regions, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, UK, Russia and Italy)
    Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
    South America (Brazil, Argentina, Colombia etc.)
    Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
    Lithium Bromide Solution
    Lithium Bromide Anhydrous
    Others

Market Segment by Applications, can be divided into
    Air Conditioning
    Industrial Drying
    Medicine Industry
    Brazing and Welding
    Others

For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-lithium-bromide-market_p145833.html

Related Information:
North America Lithium Bromide Market Growth 2019-2024
United States Lithium Bromide Market Growth 2019-2024
Asia-Pacific Lithium Bromide Market Growth 2019-2024
Europe Lithium Bromide Market Growth 2019-2024
EMEA Lithium Bromide Market Growth 2019-2024
Global Lithium Bromide Market Growth 2019-2024
China Lithium Bromide Market Growth 2019-2024

Customization Service of the Report :
Market Research Report Store provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

About Us:
Market Research Report Store (MRRS) is a professional organization related to market research reports in all directions .To provide customers with a variety of market research reports, MRRS cooperates with a large of famous market report publishers all over the world. Owing to our good service and the professional market reports in the wide range, MRRS enjoys a good reputation in the market. In pace with the development of MRRS, more and more customers and market report publishers choose to cooperate with us. As a specialized platform, MRRS upholds the supremacy of customers and aims to provide customers with better service and richer select.

Contact US
Global Info Research
E-mail: report@globalinforesearch.com
Tel: +86-13660489451 00852-58197708(HK)
Add: RM 1605C HO KING COMM CTR 2-16 FA YUEN ST MONGKOK KL Hong Kong
Website: http://www.globalinforesearch.com

This release was published on openPR.