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High Purity Lithium Hydroxide Monohydrate Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Global High Purity Lithium Hydroxide Monohydrate MarketHigh purity lithium hydroxide monohydrate is often divided into two types, including battery grade and industrial grade.Battery-grade lithium hydroxide is mainly used to produce the cathode material of high-energy lithium-ion batteries for applications such as electric vehicles, electric bicycles, power tools, and energy storage systems.Industrial-grade lithium hydroxide is mainly used as an important additive for lithium-based greases, alkaline batteries, corrosion-resistant octyl dyes and as a carbon dioxide adsorbent.
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The global High Purity Lithium Hydroxide Monohydrate market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for High Purity Lithium Hydroxide Monohydrate is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for High Purity Lithium Hydroxide Monohydrate is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of High Purity Lithium Hydroxide Monohydrate include FMC, SQM, Tianqi Lithium, Ganfeng Lithium, Hubei Baijierui Advanced Materials Corporation, Livent, Leverton-Clarke Specialty Chemicals, European Metals Holdings and Sinomine Resource Group, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for High Purity Lithium Hydroxide Monohydrate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High Purity Lithium Hydroxide Monohydrate.
The High Purity Lithium Hydroxide Monohydrate market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global High Purity Lithium Hydroxide Monohydrate market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
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By Company
• FMC
• SQM
• Tianqi Lithium
• Ganfeng Lithium
• Hubei Baijierui Advanced Materials Corporation
• Livent
• Leverton-Clarke Specialty Chemicals
• European Metals Holdings
• Sinomine Resource Group
• AMG
• JSC CMP
• Albemarle Corporation
• Sichuan Yahua Industrial Group
• Sichuan Brivo Lithium Materials Co.,Ltd.
Segment by Type
• Industrial Grade
• Battery Grade
Segment by Application
• Energy
• Processing and Manufacturing
• Other
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