Global Organolithium Market Analysis and Forecast by 2023: Growing at a CAGR of 3.9%

Global Industry Analysis

Organolithium is a compound consisting of carbon and lithium, which is used in the synthesis of organic compounds. The organolithium market is growing rapidly due to its increasing demand in various applications such as the production of pharmaceuticals, agrochemicals, and other organic compounds. Organolithium is a highly reactive compound, which can react with water, air, and other substances, making it a dangerous compound to handle. However, its reactivity makes it an excellent reagent in the production of many organic compounds.

Market Size:

The global organolithium market size was valued at $469.8 million in 2015 and is expected to reach $643.7 million by 2023, growing at a CAGR of 3.9% during the forecast period. The growth of the market is attributed to the increasing demand for organolithium in various applications, such as the production of pharmaceuticals and agrochemicals.

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The main uses of organolithium are as reducing agents, polymerization catalysts or initiators, and catalysts for organic processes. The United States holds a considerable share in the organic lithium market, followed by Europe and the Asia-Pacific market. The organolithium market is significantly impacted by rising cost of raw materials used and stricter environmental regulations in developed countries. The market for organolithium is primarily driven by its use as a catalyst.

Organolithium research was pioneered by Georg Wittig, Henry Gilman, and Karl Ziegler, who discovered that organolithium and other organometallic compounds could perform various reactions at higher rates than other reagents. Nucleophilic organolithiums use carbonyl double bonds to form carbon-carbon bonds, which further react form alcohols. The addition of lithium salts increased the stereoselectivity of the reaction.

Organolithiums are also used with N-methoxy-N-methylamides. Organolithium is also used to prepare carboxylic acids, which are widely used in industry, such as acetic acid is used to make dyes or vinegar, and other acids are used to make drugs such as aspirin and phenacetin.

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Organolithium reagents can add carbonyl groups and their derivatives in the presence of chiral ligands, and are mainly used to synthesize various pharmaceutical compounds. Organolithium in the form of butyllithium is mainly used as a polymerization initiator in the production of SBS (styrene-butadiene-styrene) and polybutadiene to form monomers important for the production of synthetic rubber.

Organolithium is also used to produce thermoplastics that are used in a wide range of industrial and household applications, including bottles, helmets, gloves,  car interior  and fishing gear, among others. Organolithium reagents are also used as initiators for polymerization reactions, leading to the production of a large number of elastomers that find diverse applications in thermoset plastics.

Organolithiums belong to the family of organometallic compounds and are used worldwide in various applications including stabilizers, catalysts for chemical reactions and synthesis of different polymers. The organic lithium market is mainly dominated by the United States and Europe. However, increasing environmental regulations may cause the production of these products to be shifted to developing countries in Asia. In addition, another constraint factor for organic lithium is the high price of raw materials such as lithium, which may affect the development of the organic lithium market.

The organic lithium market is growing steadily in European and African countries. However, organolithium is expected to witness rapid growth across the Middle East owing to increasing production facilities in these regions. The Asia-Pacific region, especially China, is also expected to become an emerging market for organic lithium in the next six years. 

Key players in the global organic lithium market include Rockwood Lithium GmbH, Akzo nobel, and Chemtura Corporation, among others.

This report covers a thorough analysis of:

• Market segment
• Market dynamics
• Market size
• Supply demand
• Current Trends/Issues/Challenges
• Competition and related companies
• Technology
• Value chain

Regional analysis includes:

• North America (USA, Canada)
• Latin America (Mexico, Brazil)
• Western Europe (Germany, Italy, France, UK, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia and New Zealand)
• Japan
• Middle East and Africa (GCC countries, South Africa, North Africa)

Report highlights:

• Detailed overview of the top markets
• Changing market dynamics of the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• competitive landscape
• Strategies of major players and products provided
• Potential and niche segments, areas showing promising growth
• A neutral view of market performance
• Essential information for market participants to maintain and strengthen their market footprint

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