The global lithium hydride market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of the market can be attributed to the increasing demand for hydrogen storage material and desiccant in various industries such as food & beverage, pharmaceuticals, and electronics. The raw material segment is expected to account for a major share of the global lithium hydride market during the forecast period due to its wide applications in various industries such as aerospace & defense, automotive, and oil & gas. North America accounted for a major share of the global lithium hydride market in 2018 owing to high demand from various industries such as aerospace & defense and automotive. Europe is also expected to witness significant growth during the forecast period due to high demand from various industries such as pharmaceuticals and electronics. Asia Pacific is projected to grow at a CAGR of 6% during 2020-2030 owing mainly due increased production capacity in China which will lead it towards becoming one of world’s largest producers by 2020-2022.
Some Of The Growth Factors Of This Market:
- Lithium Hydride is a key component in the production of lithium ion batteries, which are used in electric vehicles and other electronic devices.
- The demand for Lithium Hydride is expected to increase as the number of electric vehicles on the road increases.
- The global population is expected to grow by 2 billion people by 2050, which will lead to an increased demand for energy and transportation fuels, both of which require Lithium Hydride as a key component.
- As more countries adopt renewable energy sources such as solar and wind power, they will need lithium ion batteries that use less Lithium Hydride than traditional batteries do because they can store less energy than traditional batteries can store per unit weight or volume due to their lower density compared with other battery chemistries such as lead acid or nickel-cadmium (NiCd).
- The price of Lithium Hydride has been decreasing over time due to increased production capacity from new mines coming online in Chile and Argentina.
Industry Growth Insights published a new data on “Lithium Hydride Market”. The research report is titled “Lithium Hydride Market research by Types (0.95, 0.97, 0.99, Other), By Applications (Raw Material, Hydrogen storage material, Desiccant, Reducing agent, Other), By Players/Companies Rockwood Lithium, ESPI Metals, Dalchem, Tianjin Daofu, Ganfeng Lithium, Tianjin Dipper Fine, Hebei Keyu, Anhui Wotu”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium Hydride Market Research Report
By Type
0.95, 0.97, 0.99, Other
By Application
Raw Material, Hydrogen storage material, Desiccant, Reducing agent, Other
By Companies
Rockwood Lithium, ESPI Metals, Dalchem, Tianjin Daofu, Ganfeng Lithium, Tianjin Dipper Fine, Hebei Keyu, Anhui Wotu
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Lithium Hydride Market Report Segments:
The global Lithium Hydride market is segmented on the basis of:
Types
0.95, 0.97, 0.99, Other
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
Raw Material, Hydrogen storage material, Desiccant, Reducing agent, Other
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:
- Rockwood Lithium
- ESPI Metals
- Dalchem
- Tianjin Daofu
- Ganfeng Lithium
- Tianjin Dipper Fine
- Hebei Keyu
- Anhui Wotu
Highlights of The Lithium Hydride Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 0.95
- 0.97
- 0.99
- Other
- By Application:
- Raw Material
- Hydrogen storage material
- Desiccant
- Reducing agent
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lithium Hydride 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.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lithium Hydride is a chemical compound with the formula LiH. It is a white solid that can be easily cut with a knife. Lithium Hydride is used in batteries, lasers, and other electronic devices.
Some of the major companies in the lithium hydride market are Rockwood Lithium, ESPI Metals, Dalchem, Tianjin Daofu, Ganfeng Lithium, Tianjin Dipper Fine, Hebei Keyu, Anhui Wotu.
The lithium hydride market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lithium Hydride 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 Hydride Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lithium Hydride Market - Supply Chain
4.5. Global Lithium Hydride Market Forecast
4.5.1. Lithium Hydride Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lithium Hydride Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lithium Hydride Market Absolute $ Opportunity
5. Global Lithium Hydride 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 Hydride Market Size and Volume Forecast by Type
5.3.1. 0.95
5.3.2. 0.97
5.3.3. 0.99
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lithium Hydride 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 Hydride Market Size and Volume Forecast by Application
6.3.1. Raw Material
6.3.2. Hydrogen storage material
6.3.3. Desiccant
6.3.4. Reducing agent
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lithium Hydride 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 Hydride 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 Hydride 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 Hydride 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 Hydride Demand Share Forecast, 2019-2026
9. North America Lithium Hydride 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 Hydride 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 Hydride Market Size and Volume Forecast by Application
9.4.1. Raw Material
9.4.2. Hydrogen storage material
9.4.3. Desiccant
9.4.4. Reducing agent
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lithium Hydride Market Size and Volume Forecast by Type
9.7.1. 0.95
9.7.2. 0.97
9.7.3. 0.99
9.7.4. Other
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 Hydride Demand Share Forecast, 2019-2026
10. Latin America Lithium Hydride 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 Hydride 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 Hydride Market Size and Volume Forecast by Application
10.4.1. Raw Material
10.4.2. Hydrogen storage material
10.4.3. Desiccant
10.4.4. Reducing agent
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lithium Hydride Market Size and Volume Forecast by Type
10.7.1. 0.95
10.7.2. 0.97
10.7.3. 0.99
10.7.4. Other
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 Hydride Demand Share Forecast, 2019-2026
11. Europe Lithium Hydride 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 Hydride 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 Hydride Market Size and Volume Forecast by Application
11.4.1. Raw Material
11.4.2. Hydrogen storage material
11.4.3. Desiccant
11.4.4. Reducing agent
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lithium Hydride Market Size and Volume Forecast by Type
11.7.1. 0.95
11.7.2. 0.97
11.7.3. 0.99
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Grwth 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 Hydride Demand Share, 2019-2026
12. Asia Pacific Lithium Hydride 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 Hydride 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 Hydride Market Size and Volume Forecast by Application
12.4.1. Raw Material
12.4.2. Hydrogen storage material
12.4.3. Desiccant
12.4.4. Reducing agent
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lithium Hydride Market Size and Volume Forecast by Type
12.7.1. 0.95
12.7.2. 0.97
12.7.3. 0.99
12.7.4. Other
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 Hydride Demand Share, 2019-2026
13. Middle East & Africa Lithium Hydride 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 Hydride 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 Hydride Market Size and Volume Forecast by Application
13.4.1. Raw Material
13.4.2. Hydrogen storage material
13.4.3. Desiccant
13.4.4. Reducing agent
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lithium Hydride Market Size and Volume Forecast by Type
13.7.1. 0.95
13.7.2. 0.97
13.7.3. 0.99
13.7.4. Other
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 Hydride Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lithium Hydride Market: Market Share Analysis
14.2. Lithium Hydride Distributors and Customers
14.3. Lithium Hydride 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. ESPI Metals
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dalchem
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tianjin Daofu
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ganfeng Lithium
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tianjin Dipper Fine
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hebei Keyu
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Anhui Wotu
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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