Lithium Compounds Market Analysis & Industry Outlook 2019-2025| Livent Corporation, Albemarle Corporation, Tianqi Lithium Industries, Ganfeng Lithium Company Limited, Nemaska Lithium Inc., Bacanora Lithium, Lithium America, Galaxy Resources Limited.
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, healthcare, and lubricant industry. Its battery utilization finds application across a broad range of sectors including laptop, cellular devices, electric vehicle, and power generation storage including others.Request sample copy of this report at: https://www.adroitmarketresearch.com/contacts/request-sample/1445
The positive government outlook toward promotion of electric vehicle and solar energy owing to rising environmental concerns is driving the industry upsurge. The rising inclination toward information technology and digitization has shifted consumer lifestyle toward electronic devices, which in turn is further escalating the industry upsurge. The key advantage of the battery is its higher energy density and lighter weight when compared to the other available alternatives which in turn will catapult the industry upsurge over the forecast timeline.
The report also throws light on various aspects of the global Lithium Compound industry by assessing the market using value chain analysis. The report covers several qualitative aspects of the Lithium Compound industry in market drivers, market restraints and key industry trends. Furthermore, the report provides an in-depth assessment of the market competition with company profiles of global as well as local vendors.
The Lithium Compound market holds a strong competition among the well-established and new emerging players. These market players target to gain a competitive advantage over the other players by participating in partnerships, mergers, and acquisitions and expanding their businesses.
Read complete report at: https://www.adroitmarketresearch.com/industry-reports/lithium-compounds-market
The Lithium Compound market is categorized into Li-Ion batteries, medical, glass & ceramics, lubricants, metallurgy, polymers, and others on the basis of end use. The lithium ion segment is expected to expand at a growth rate of around 20% over the forecast period on account of its rising demand of batteries. Further, growing demand from automobile, energy storage, and consumer electronics component are expected to catapult the segment growth over the forecast timeframe.
Europe is poised to experience a substantial upsurge in the coming years. Rising concern associated with environmental changes leading to the adoption of electric vehicle and solar and wind energy storage is contributing toward industrial upsurge where these systems utilize battery to store energy. Supportive measures by the government to favor the promotion of these units will in turn positively impact the business landscape. In addition, ongoing innovation activities by the industry players to improve battery capabilities and improve the charging rate will further drive the product demand.
The major players operating across the global Lithium Compound market include Livent Corporation, Albemarle Corporation, Tianqi Lithium Industries, Ganfeng Lithium Company Limited, Nemaska Lithium Inc., Bacanora Lithium, Lithium America, Galaxy Resources Limited. The industry for lithium compound is integrated with the participation of established global players across the globe. In addition, these companies are focusing on expanding their footprint through implementation of inorganic as well as organic strategies which in turn is proliferating the business outlook.
Get 10% discount on purchase at: https://www.adroitmarketresearch.com/researchreport/purchase/1445
Segment overview of Lithium Compound market
Derivative Overview, 2018-2025, (USD Million and kilotons)
Lithium Carbonate
Lithium Hydroxide
Lithium Metal
Butyl Lithium
Lithium Concentrate
Lithium Chloride
Others
End Use Overview, 2018-2025, (USD Million and kilotons)
Li-Ion Batteries
Medical
Glass & ceramics
Lubricants
Metallurgy
Polymers
Others
Industry Vertical Overview, 2018-2025, (USD Million and kilotons)
Aerospace & Defense
Automobile
Energy
Chemicals
Pharmaceuticals
Others
Regional Overview, 2018-2025, (USD Million and kilotons)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
Rest of Middle East & Africa
South America
Brazil
Argentina
Rest of South America
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
Ryan Johnson
Account Manager Global
3131 McKinney Ave Ste 600, Dallas,
TX75204, U.S.A.
Phone No.: USA: +1 972-362 -8199/ +91 9665341414
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 Lithium Compounds Market Analysis & Industry Outlook 2019-2025| Livent Corporation, Albemarle Corporation, Tianqi Lithium Industries, Ganfeng Lithium Company Limited, Nemaska Lithium Inc., Bacanora Lithium, Lithium America, Galaxy Resources Limited. here
News-ID: 1997806 • Views: …
More Releases from Adroit Market Research
Subscription and Billing Management Market Analytical Overview and Growth Opport …
A sort of software called subscription and billing management is used to speed up the payment process for companies that provide subscription services and depend on recurring payments. Subscription and billing management solutions automate the billing procedure to lower the possibility of errors, increase client satisfaction, and give companies access to comprehensive reporting tools. Businesses can customise subscription packages, automate billing, provide customer self-service options, manage subscriptions across various payment…
Smart Office Solution Market Key Players, End User Demand and Analysis Growth Tr …
Innovative technologies called "smart office solutions" are created to optimise and enhance an office space's daily operations. They usually concentrate on automating repetitive processes, improving cooperation and communication, increasing staff productivity and workflow, and offering real-time insights into operational performance. The goal of smart office solutions is to help businesses save money and operate as efficiently as possible. They provide services that include cloud-based document management systems, CRM platforms, enterprise…
Rewards and incentives Market 2023 Growing Rapidly with Modern Trends, Industry …
Rewards and incentives are expressions of appreciation and acknowledgement offered to people or groups to acknowledge their efforts, achievements, or performance. Rewards and incentives have the power to inspire workers, boost engagement, boost morale, and promote constructive behaviour at work. They may be given in the form of monetary awards or non-financial incentives like praise from others, promotions, extra vacation time, or other forms of remuneration. Rewards and incentives are…
Open-Source Intelligence Market Report Covers Opportunities, Industry CAGR, Dema …
The process of gathering and analysing information that is readily accessible to the public to produce intelligence that can be used to guide decisions is known as open-source intelligence (OSINT). Open-source intelligence is used to understand a company's or organization's operating environment, including its rivals, clients, suppliers, and potential threats. It is a technique for gathering intelligence that makes use of easily accessible and widely available data sources like the…
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 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…
Global Lithium Mining Market 2018 Analysis By Key Players – Albemarle Corporat …
Summary
WiseGuyReports.com adds “Lithium Mining Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database.
This report provides in depth study of “Lithium Mining Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Lithium Mining Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as…