Press release
Lithium Chloride Market: Regaining Its Glory: SQM - Chile, FMC, Albemarle
Lithium Chloride Market
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Lithium chloride is a chemical compound with the formula LiCl. It is a colorless, crystalline salt that is highly soluble in water. Lithium chloride is commonly used as a desiccant, which means it is used to absorb moisture from the air. It is also used as a catalyst in organic synthesis, and as a component in some types of batteries. In addition, lithium chloride is used in the production of lithium metal, which is used in a variety of applications including the manufacture of ceramics, glass, and aluminum. Lithium chloride is considered to be a potentially hazardous material and should be handled with care.
Lithium Chloride Market - Key Segment Analysis
The market share growth by the Industrial Grade segment will be significant during the forecast period. The segment is driven by the Growing demand for lithium-ion batteries: Lithium chloride is a key material used in the production of lithium-ion batteries, which are used in a wide range of applications such as electric vehicles, consumer electronics, and renewable energy storage.
Lithium Chloride Market - Competition Analysis
The global Lithium Chloride market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are SQM - Chile, FMC Corporation (USA), Albemarle Corporation (USA), Leverton Lithium (UK), Jiangxi Ganfeng Lithium (China), Tianqi Lithium (China), China Lithium Products Technology Co., Ltd. (China), Shreenivas Chemicals Pvt Ltd. (India), Shanghai China Lithium Industrial Co., Ltd. (China), General Lithium (China), Jiangsu Dongpeng New Materials Co., Ltd. (China), Rockwood Lithium (Germany), American Elements (USA), Beijing Institute of Chemical Reagent (China), Hebei Yihua Chemical Industry Co., Ltd. (China)
Lithium Chloride Market - Geographical Outlook
Asia Pacific will provide maximum growth opportunities in Lithium Chloride market. According to our research, the region will account for xx% of the global market growth during the forecast period. The market in Asia Pacific is driven by Growing demand for lithium-ion batteries: Lithium chloride is a key material used in the production of lithium-ion batteries, which are used in a wide range of applications such as electric vehicles, consumer electronics, and renewable energy storage.
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What key data is demonstrated in this Lithium Chloride market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the Lithium Chloride market between 2023 and 2028
Precise estimation of the size of the Lithium Chloride market and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behaviour
Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa; further broken down by major country within region.
Thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of Lithium Chloride market players
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Some Extracts from Table of Content
- Overview of Lithium Chloride Market
- Market dynamics
Growth Drivers, Market Trends, Opportunities and Challenges
- Five Forces Analysis
Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry
- Lithium Chloride Size (USD & Sales Volume) Comparison by Type (2017-2028)
- Lithium Chloride Size (USD & Consumption) and Market Share Comparison by Application (2017-2028)
- Lithium Chloride Size (Value & Volume) Comparison by Region (2017-2028)
- Market Capacity, Production, Export-Import by Region (2017-2022E)
- Lithium Chloride Market Sales, Revenue and Growth Rate (2017-2028)
- Competitive Situation and Trends
- Market Positioning and Share Analysis (2020-2022E)
- Suppliers High-Performance Operational Base Distribution
- Analyse competitors, Profiles, Sales Area, Product Category
- Lithium Chloride Cost Analysis
- Marketing Strategy Analysis
- Research Conclusions
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HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. HTF MI integrates History, Trends, and Forecasts to identify the highest value opportunities, cope with the most critical business challenges and transform the businesses. Analysts at HTF MI focuses on comprehending the unique needs of each client to deliver insights that are most suited to his particular requirements.
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