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Lithium Hydroxide Monohydrate Micronized Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Lithium Hydroxide Monohydrate Micronized MarketThe global market for Lithium Hydroxide Monohydrate Micronized was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
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Lithium Hydroxide Monohydrate Micronized is a free-flowing granular solid used in the production of cathode active material for lithium-ion batteries. It is also well suited for use in the production of lithium greases, dyes, resins, coatings, water treatment and many other specialty chemicals.
Micronized Lithium Hydroxide Monohydrate is experiencing continuous growth in the global battery materials market, primarily driven by the demand for electric vehicles and renewable energy storage. The market size is expanding, with sales volumes steadily increasing. Specific uses include its application in the production of lithium-ion batteries to enhance battery performance and lifespan, as well as its utilization in sectors such as pharmaceuticals, chemicals, and metallurgy. Future developments will focus on improving production efficiency, reducing manufacturing costs, and enhancing product quality to meet the ever-growing market demand.
By Type
• 5 μm
• 10 μm
• 15 μm
By Application
• Lithium Ion Battery
• Lithium Grease
• Dyes and Coatings
• Water Treatment
Key Companies
Livent, Ganfeng Lithium, Quzhou Youngdream, Chengdu Chemphys, FMC, Tianqi Lithium, SQM
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