Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Lithium Bromide Market by Type (Lithium Bromide Solution, Lithium Bromide Anhydrous, Others), By Application (Air Conditioning, Industrial Drying, Medicine Industry, Brazing and Welding, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Lithium Bromide Market by Type (Lithium Bromide Solution, Lithium Bromide Anhydrous, Others), By Application (Air Conditioning, Industrial Drying, Medicine Industry, Brazing and Welding, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 199084 3300 Chemical & Material 377 245 Pages 4.8 (41)
                                          

The global lithium bromide market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of the market can be attributed to the increasing demand for lithium bromide in various applications such as air conditioning, industrial drying, medicine industry, and brazing and welding. The growing demand for lithium bromide in these applications is due to its high efficiency and low cost compared with other alternatives such as hydrochlorofluorocarbons (HCFCs) and hydrofluorocarbons (HFCs). The global lithium bromide market has been segmented on the basis of type into lithium bromide solution and anhydrous; application into air conditioning, industrial drying, medicine industry, and brazing & welding; region into North America, Latin America, Europe Asia Pacific Middle East & Africa; forecast from 2021-2030.

Some Of The Growth Factors Of This Market:

  1. Lithium Bromide is used in the production of lithium ion batteries, which are used in electric vehicles and other electronic devices.
  2. The demand for Lithium Bromide is expected to increase as the use of electric vehicles increases.
  3. The demand for Lithium Bromide is expected to increase as the use of electric vehicles increases, which will lead to an increased need for lithium ion batteries that contain this chemical compound.
  4. The price of Lithium Bromide has been increasing due to a decrease in supply and an increase in demand from China, where it is primarily produced and consumed domestically; this trend will continue until new sources are found or production capacity increases elsewhere around the world.
  5. There are no substitutes for Lithium Bromide.

Industry Growth Insights published a new data on “Lithium Bromide Market”. The research report is titled “Lithium Bromide Market research by Types (Lithium Bromide Solution, Lithium Bromide Anhydrous, Others), By Applications (Air Conditioning, Industrial Drying, Medicine Industry, Brazing and Welding, Others), By Players/Companies Rockwood Lithium, FMC Corporation, Leverton-Clarke, ICL-IP, Shreenivas Chemicals, Dhara Fine Chem, Westman Chemicals, Nanjing Taiye Chemical, Honjo Chemical, Haoxin Liyan, Jiangsu World Chemical Industry, Jiangxi Dongpeng New Materials, Dongying Bromate Chemicals, Shanghai China Lithium Industrial, Shandong Tianxin Chemical, Huizhi Lithium Energy”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Lithium Bromide Market Research Report

By Type

Lithium Bromide Solution, Lithium Bromide Anhydrous, Others

By Application

Air Conditioning, Industrial Drying, Medicine Industry, Brazing and Welding, Others

By Companies

Rockwood Lithium, FMC Corporation, Leverton-Clarke, ICL-IP, Shreenivas Chemicals, Dhara Fine Chem, Westman Chemicals, Nanjing Taiye Chemical, Honjo Chemical, Haoxin Liyan, Jiangsu World Chemical Industry, Jiangxi Dongpeng New Materials, Dongying Bromate Chemicals, Shanghai China Lithium Industrial, Shandong Tianxin Chemical, Huizhi Lithium Energy

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

245

Number of Tables & Figures

172

Customization Available

Yes, the report can be customized as per your need.


Global Lithium Bromide Industry Outlook


Global Lithium Bromide Market Report Segments:

The global Lithium Bromide market is segmented on the basis of:

Types

Lithium Bromide Solution, Lithium Bromide Anhydrous, Others

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Air Conditioning, Industrial Drying, Medicine Industry, Brazing and Welding, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Rockwood Lithium
  2. FMC Corporation
  3. Leverton-Clarke
  4. ICL-IP
  5. Shreenivas Chemicals
  6. Dhara Fine Chem
  7. Westman Chemicals
  8. Nanjing Taiye Chemical
  9. Honjo Chemical
  10. Haoxin Liyan
  11. Jiangsu World Chemical Industry
  12. Jiangxi Dongpeng New Materials
  13. Dongying Bromate Chemicals
  14. Shanghai China Lithium Industrial
  15. Shandong Tianxin Chemical
  16. Huizhi Lithium Energy

Global Lithium Bromide Market Overview


Highlights of The Lithium Bromide Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Lithium Bromide Solution
    2. Lithium Bromide Anhydrous
    3. Others
  1. By Application:

    1. Air Conditioning
    2. Industrial Drying
    3. Medicine Industry
    4. Brazing and Welding
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Lithium Bromide Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Lithium Bromide Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Lithium bromide is a white crystalline solid with a characteristic odor. It is used in the production of lithium batteries and other electronic devices.

Some of the major companies in the lithium bromide market are Rockwood Lithium, FMC Corporation, Leverton-Clarke, ICL-IP, Shreenivas Chemicals, Dhara Fine Chem, Westman Chemicals, Nanjing Taiye Chemical, Honjo Chemical, Haoxin Liyan, Jiangsu World Chemical Industry, Jiangxi Dongpeng New Materials, Dongying Bromate Chemicals, Shanghai China Lithium Industrial, Shandong Tianxin Chemical, Huizhi Lithium Energy.

The lithium bromide market is expected to register a CAGR of 4.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Lithium Bromide Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Lithium Bromide Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Lithium Bromide Market - Supply Chain
   4.5. Global Lithium Bromide Market Forecast
      4.5.1. Lithium Bromide Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Lithium Bromide Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Lithium Bromide Market Absolute $ Opportunity

5. Global Lithium Bromide Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Lithium Bromide Market Size and Volume Forecast by Type
      5.3.1. Lithium Bromide Solution
      5.3.2. Lithium Bromide Anhydrous
      5.3.3. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Lithium Bromide Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Lithium Bromide Market Size and Volume Forecast by Application
      6.3.1. Air Conditioning
      6.3.2. Industrial Drying
      6.3.3. Medicine Industry
      6.3.4. Brazing and Welding
      6.3.5. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Lithium Bromide Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Lithium Bromide Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Lithium Bromide Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Lithium Bromide Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Lithium Bromide Demand Share Forecast, 2019-2026

9. North America Lithium Bromide Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Lithium Bromide Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Lithium Bromide Market Size and Volume Forecast by Application
      9.4.1. Air Conditioning
      9.4.2. Industrial Drying
      9.4.3. Medicine Industry
      9.4.4. Brazing and Welding
      9.4.5. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Lithium Bromide Market Size and Volume Forecast by Type
      9.7.1. Lithium Bromide Solution
      9.7.2. Lithium Bromide Anhydrous
      9.7.3. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Lithium Bromide Demand Share Forecast, 2019-2026

10. Latin America Lithium Bromide Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Lithium Bromide Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Lithium Bromide Market Size and Volume Forecast by Application
      10.4.1. Air Conditioning
      10.4.2. Industrial Drying
      10.4.3. Medicine Industry
      10.4.4. Brazing and Welding
      10.4.5. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Lithium Bromide Market Size and Volume Forecast by Type
      10.7.1. Lithium Bromide Solution
      10.7.2. Lithium Bromide Anhydrous
      10.7.3. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Lithium Bromide Demand Share Forecast, 2019-2026

11. Europe Lithium Bromide Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Lithium Bromide Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Lithium Bromide Market Size and Volume Forecast by Application
      11.4.1. Air Conditioning
      11.4.2. Industrial Drying
      11.4.3. Medicine Industry
      11.4.4. Brazing and Welding
      11.4.5. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Lithium Bromide Market Size and Volume Forecast by Type
      11.7.1. Lithium Bromide Solution
      11.7.2. Lithium Bromide Anhydrous
      11.7.3. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Lithium Bromide Demand Share, 2019-2026

12. Asia Pacific Lithium Bromide Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Lithium Bromide Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Lithium Bromide Market Size and Volume Forecast by Application
      12.4.1. Air Conditioning
      12.4.2. Industrial Drying
      12.4.3. Medicine Industry
      12.4.4. Brazing and Welding
      12.4.5. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Lithium Bromide Market Size and Volume Forecast by Type
      12.7.1. Lithium Bromide Solution
      12.7.2. Lithium Bromide Anhydrous
      12.7.3. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Lithium Bromide Demand Share, 2019-2026

13. Middle East & Africa Lithium Bromide Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Lithium Bromide Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Lithium Bromide Market Size and Volume Forecast by Application
      13.4.1. Air Conditioning
      13.4.2. Industrial Drying
      13.4.3. Medicine Industry
      13.4.4. Brazing and Welding
      13.4.5. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Lithium Bromide Market Size and Volume Forecast by Type
      13.7.1. Lithium Bromide Solution
      13.7.2. Lithium Bromide Anhydrous
      13.7.3. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Lithium Bromide Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Lithium Bromide Market: Market Share Analysis
   14.2. Lithium Bromide Distributors and Customers
   14.3. Lithium Bromide Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Rockwood Lithium
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. FMC Corporation
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Leverton-Clarke
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. ICL-IP
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Shreenivas Chemicals
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Dhara Fine Chem
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Westman Chemicals
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Nanjing Taiye Chemical
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Honjo Chemical
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Haoxin Liyan
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Jiangsu World Chemical Industry
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Jiangxi Dongpeng New Materials
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Dongying Bromate Chemicals
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Shanghai China Lithium Industrial
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Shandong Tianxin Chemical
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Huizhi Lithium Energy
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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