Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Lithium Hydroxide Market by Type (Industrial Grade, Battery Grade, Other), By Application (Lubricants, Consumer Electronics, Traffic, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Lithium Hydroxide Market by Type (Industrial Grade, Battery Grade, Other), By Application (Lubricants, Consumer Electronics, Traffic, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 143310 3300 Chemical & Material 377 247 Pages 4.7 (39)
                                          

Market Overview:


The global lithium hydroxide market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lithium hydroxide from various applications such as lubricants, consumer electronics, traffic and others. Additionally, the growing demand for electric vehicles is also propelling the growth of this market. However, volatility in prices of raw materials used in manufacturing lithium hydroxide may restrain the growth of this market to some extent during the forecast period. On basis of type, industrial grade segment is expected to hold major share in global Lithium Hydroxide Market followed by battery grade and other type segments respectively during forecast period .On basis on application ,Lubricants segment is anticipated witness highest CAGR over next 10 years owing rising demand for eco-friendly lubricants across globe .


Global Lithium Hydroxide Industry Outlook


Product Definition:


Lithium hydroxide is a white, odorless solid that is soluble in water. It can be used to produce lithium carbonate, which is used in the production of lithium batteries. Lithium hydroxide is also used as an absorbent for gases and vapors.


Industrial Grade:


Industrial grade is a high purity form of lithium hydroxide that has been processed to remove impurities and is used as an ingredient in the manufacturing of glass, ceramics, and other industrial products. It can also be used as a de-icing agent for roadways during adverse weather conditions.


Battery Grade:


Battery grade is a product that is used in lithium hydroxide market. It’s an intermediate chemical which acts as a precursor for manufacturing battery cell and battery packs. Battery grade can be segmented into two types on the basis of its usage in the lithium hydroxide market, namely “Primary Battery Grade” and “Secondary Battery Grade”.


Application Insights:


The consumer electronics segment accounted for a revenue share of over 30% in 2017. The growth can be attributed to the growing demand for smartphones and laptops across the globe. Increasing disposable income has also positively influenced the market growth. Growing usage of lithium hydroxide in manufacturing batteries is expected to drive demand over the forecast period, especially from China, which is one of the largest producers and consumers of such batteries globally.


Traffic application was estimated as one of the major applications owing to its rising use in friction products such as brake pads, clutch plates and transmission components among others worldwide since its introduction about 100 years ago.


Regional Analysis:


Asia Pacific dominated the global lithium hydroxide market in 2017 and is expected to continue its dominance over the forecast period. The presence of key manufacturers such as Panasonic, Sanyo, and Samsung coupled with rising demand from end-use industries such as consumer electronics, automotive and others are some of the major factors contributing to regional growth.


The growing adoption of electric vehicles across various countries including China, India, South Korea has increased the demand for lithium ion batteries which in turn is anticipated to drive industry growth over the forecast period. In addition Lithium Ion battery prices have been declining steadily which has resulted into an increase in their applications across several end-use sectors thereby driving regional growth.


North America accounted for a significant share owing to increasing R&D activities on energy storage devices along with rising government support aimed at reducing carbon footprint associated with conventional fossil fuel based power plants leading to an increase in renewable energy projects thus positively influencing industry growth over the projected period.


Growth Factors:


  • Increasing demand for lithium ion batteries in electric vehicles and portable electronics
  • Growing demand from the glass and ceramics industries
  • Rising production of aluminum-lithium alloys
  • Growing use of lithium hydroxide in pharmaceuticals and other industrial applications
  • Limited global supply of lithium, which is expected to drive prices higher

Scope Of The Report

Report Attributes

Report Details

Report Title

Lithium Hydroxide Market Research Report

By Type

Industrial Grade, Battery Grade, Other

By Application

Lubricants, Consumer Electronics, Traffic, Others

By Companies

FMC, SQM, Rockwood, Simbol, Tianqi Lithium, Jiangxi Ganfeng Lithium, Zhonghe, GRM, HAOXIN LIYAN, General Lithium

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

247

Number of Tables & Figures

173

Customization Available

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


Global Lithium Hydroxide Market Report Segments:

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

Types

Industrial Grade, Battery Grade, 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

Lubricants, Consumer Electronics, Traffic, 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. FMC
  2. SQM
  3. Rockwood
  4. Simbol
  5. Tianqi Lithium
  6. Jiangxi Ganfeng Lithium
  7. Zhonghe
  8. GRM
  9. HAOXIN LIYAN
  10. General Lithium

Global Lithium Hydroxide Market Overview


Highlights of The Lithium Hydroxide 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. Industrial Grade
    2. Battery Grade
    3. Other
  1. By Application:

    1. Lubricants
    2. Consumer Electronics
    3. Traffic
    4. 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 Hydroxide 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 Hydroxide 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 hydroxide is a white, odorless, crystalline solid that is used in manufacturing batteries and other electronic devices. It is also used as a food additive and in water treatment.

Some of the major players in the lithium hydroxide market are FMC, SQM, Rockwood, Simbol, Tianqi Lithium, Jiangxi Ganfeng Lithium, Zhonghe, GRM, HAOXIN LIYAN, General Lithium.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Lithium Hydroxide 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 Hydroxide Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Lithium Hydroxide Market - Supply Chain
   4.5. Global Lithium Hydroxide Market Forecast
      4.5.1. Lithium Hydroxide Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Lithium Hydroxide Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Lithium Hydroxide Market Absolute $ Opportunity

5. Global Lithium Hydroxide 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 Hydroxide Market Size and Volume Forecast by Type
      5.3.1. Industrial Grade
      5.3.2. Battery Grade
      5.3.3. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Lithium Hydroxide 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 Hydroxide Market Size and Volume Forecast by Application
      6.3.1. Lubricants
      6.3.2. Consumer Electronics
      6.3.3. Traffic
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Lithium Hydroxide 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 Hydroxide 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 Hydroxide 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 Hydroxide 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 Hydroxide Demand Share Forecast, 2019-2026

9. North America Lithium Hydroxide 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 Hydroxide 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 Hydroxide Market Size and Volume Forecast by Application
      9.4.1. Lubricants
      9.4.2. Consumer Electronics
      9.4.3. Traffic
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Lithium Hydroxide Market Size and Volume Forecast by Type
      9.7.1. Industrial Grade
      9.7.2. Battery Grade
      9.7.3. 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 Hydroxide Demand Share Forecast, 2019-2026

10. Latin America Lithium Hydroxide 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 Hydroxide 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 Hydroxide Market Size and Volume Forecast by Application
      10.4.1. Lubricants
      10.4.2. Consumer Electronics
      10.4.3. Traffic
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Lithium Hydroxide Market Size and Volume Forecast by Type
      10.7.1. Industrial Grade
      10.7.2. Battery Grade
      10.7.3. 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 Hydroxide Demand Share Forecast, 2019-2026

11. Europe Lithium Hydroxide 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 Hydroxide 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 Hydroxide Market Size and Volume Forecast by Application
      11.4.1. Lubricants
      11.4.2. Consumer Electronics
      11.4.3. Traffic
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Lithium Hydroxide Market Size and Volume Forecast by Type
      11.7.1. Industrial Grade
      11.7.2. Battery Grade
      11.7.3. Other
   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 Hydroxide Demand Share, 2019-2026

12. Asia Pacific Lithium Hydroxide 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 Hydroxide 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 Hydroxide Market Size and Volume Forecast by Application
      12.4.1. Lubricants
      12.4.2. Consumer Electronics
      12.4.3. Traffic
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Lithium Hydroxide Market Size and Volume Forecast by Type
      12.7.1. Industrial Grade
      12.7.2. Battery Grade
      12.7.3. 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 Hydroxide Demand Share, 2019-2026

13. Middle East & Africa Lithium Hydroxide 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 Hydroxide 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 Hydroxide Market Size and Volume Forecast by Application
      13.4.1. Lubricants
      13.4.2. Consumer Electronics
      13.4.3. Traffic
      13.4.4. 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 Hydroxide Market Size and Volume Forecast by Type
      13.7.1. Industrial Grade
      13.7.2. Battery Grade
      13.7.3. 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 Hydroxide Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Lithium Hydroxide Market: Market Share Analysis
   14.2. Lithium Hydroxide Distributors and Customers
   14.3. Lithium Hydroxide Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. FMC
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. SQM
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Rockwood
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Simbol
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Tianqi 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. Jiangxi Ganfeng Lithium
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Zhonghe
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. GRM
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. HAOXIN LIYAN
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. General Lithium
         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

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