Global Lithium Bromide Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Lithium Bromide Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Lithium Bromide market size was valued at US$ 163 million in 2023 and is forecast to a readjusted size of USD 138 million by 2030 with a CAGR of -1.9% during review period.

Global Lithium Bromide key players include Rockwood Lithium, Nanjing Taiye Chemical, Hanchang, etc. Global top three manufacturers hold a share about 47%. China is the largest market, with a share about 36%, followed by North America and South Korea, together account for about 39% of the market. In terms of product, Lithium Bromide Solution is the largest segment, with a share about 94%. And in terms of application, the largest application is Industrial Drying, which accounts for about 2.7% of the market share, followed by Brazing and Welding.

This report is a detailed and comprehensive analysis for global Lithium Bromide market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Chemical Compound and by Conditioning Systems. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Lithium Bromide market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2019-2030

Global Lithium Bromide market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2019-2030

Global Lithium Bromide market size and forecasts, by Chemical Compound and by Conditioning Systems, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2019-2030

Global Lithium Bromide market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Lithium Bromide

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Lithium Bromide market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Albemarle, Leverton Clarke, Neogen Chemical, Nanjing Taiye Chemical, Honjo Chemical, Jiangsu World Chemical Industry, Dongying Bromate Chemicals, Shanghai China Lithium Industrial, Hanchang, Shandong Tianxin Chemical, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Lithium Bromide market is split by Chemical Compound and by Conditioning Systems. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Chemical Compound, and by Conditioning Systems in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Chemical Compound
Lithium Bromide Solution
Lithium Bromide Anhydrous

Market segment by Conditioning Systems
Air Conditioning
Industrial Drying
Medicine Industry
Brazing and Welding
Others

Major players covered
Albemarle
Leverton Clarke
Neogen Chemical
Nanjing Taiye Chemical
Honjo Chemical
Jiangsu World Chemical Industry
Dongying Bromate Chemicals
Shanghai China Lithium Industrial
Hanchang
Shandong Tianxin Chemical

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Lithium Bromide product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Lithium Bromide, with price, sales quantity, revenue, and global market share of Lithium Bromide from 2019 to 2024.

Chapter 3, the Lithium Bromide competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Lithium Bromide breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Chemical Compound and by Conditioning Systems, with sales market share and growth rate by Chemical Compound, by Conditioning Systems, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Lithium Bromide market forecast, by regions, by Chemical Compound, and by Conditioning Systems, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Lithium Bromide.

Chapter 14 and 15, to describe Lithium Bromide sales channel, distributors, customers, research findings and conclusion.