Title: Lithium Hydroxide Market trends research and projections for 2017 – 2024
1Lithium Hydroxide Market Price, Packaging Trends,
Industry Outlook Forecast 2017-2024
2Global Market Scenario of Lithium Hydroxide
Industry
- Lithium hydroxide is a white crystalline
compound. It is an inorganic amalgam having
formula LiOH. The product is slightly soluble in
ethanol and easily soluble in water. LiOH is
generally available in anhydrous form having
powerful base. It is widely used in absorbing
carbon di oxide gas especially used in
spacesuits. Increasing consumption of LiOH in
producing Portland cement and ceramics will impel
the market size. - Lithium Hydroxide Market size has seen an
exponential growth due to increasing demand of
rechargeable batteries used in various
application including remote controllers, cell
phones, laptops and other electronic components
will drive the lithium hydroxide market. - LiOH is also used for removing impurities in
metallurgical industries. Additionally, it is
widely used in both non-rechargeable and
rechargeable batteries which will boost lithium
hydroxide market. Further applications include
pharmaceuticals, aluminum production,
air-conditioning units, polymers and cement.
3 Continue
- The product is used in various industries
including, grid power storage, battery electric
vehicle, hybrids, portable electronic devices,
chemical synthesis, lubricants / greases and
glass ceramics. Amongst, batteries hold a major
market share in application segment with surging
use of cell phones and laptops. Glass ceramics
is the fastest growing application sector with
huge investments done in renovation and new
infrastructure projects. - Reasons to Buy This Report
- 1. Lithium Hydroxide Market size share
forecast by product application, 2017-2024 - 2. Growth drivers, pitfalls industry
challenges - 3. Lithium Hydroxide Market growth
opportunities emerging business models - 4. Competitive benchmarking with market
share analysis and company profiles - Based on the end user industry, lithium hydroxide
market is divided into consumer devices, energy
storage, transportation and consumer electronics.
Among these, transportation industry is likely to
drive the market with new innovations done in
electric cars and bikes. Also, consumer
electronic devices is anticipated to drive the
product market over the forecasted years with
rising applications in personal care, power
tools, wearable devices, toys and cordless
phones. - Global lithium hydroxide market is moderately
consolidated owing to the presence of several
multinational players globally. Several prominent
leaders present in this industry are Tiangi, SQM,
Albemarle, Leverton Clarke, Rockwood, FMC,
Shangdong Ruifui, Haoxin Liyan, Brivo, Sichuan
Yahua and Jiangxi Gangfeng.
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