Lithium bromide is a chemical compound of lithium and bromine. Formula: LiBr. White cubic crystal or granular powder, easily soluble in water, soluble in alcohol and ether, slightly soluble in pyridine, it can soluble in methanol, acetone, ethylene glycol and other organic solvents. It is generally used in certain air conditioning systems.
Lithium bromide has wide application range and in future its applications will increase further. But the demand of lithium bromide will decrease in future. The price of lithium bromide was increasing largely from 2010 to 2015, it is from 4600 USD/MT to 5500 USD/MT, and it will also increase in future. The global gross margin is at about 18-20%.
This industry is affected by the downstream applications, so it’s important to keep an eye on downstream industries. With the decreasing global downstream industries, less and less people pay attention to rising environment standards, the need and production of lithium bromide will decrease.
We tend to believe that this industry is now close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in future too, as competition intensifies, prices gap between different brands will go on narrowing. Similarly, there will be fluctuation in gross margin.
Global Lithium Bromide market size will increase to 79 Million US$ by 2025, from 85 Million US$ in 2018, at a CAGR of -1.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Lithium Bromide.
This report researches the worldwide Lithium Bromide market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Lithium Bromide breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
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
Lithium Bromide Breakdown Data by Type
Lithium Bromide Solution
Lithium Bromide Anhydrous
Others
Lithium Bromide Breakdown Data by Application
Air Conditioning
Industrial Drying
Medicine Industry
Brazing and Welding
Others
Lithium Bromide Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Lithium Bromide Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
India
Australia
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
Turkey
GCC Countries
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Lithium Bromide capacity, production, value, consumption, status and forecast;
To focus on the key Lithium Bromide manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Lithium Bromide :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Lithium Bromide . Industry analysis & Market Report on Lithium Bromide is a syndicated market report, published as Global Lithium Bromide Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Lithium Bromide market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.