Global Lithium Hydroxide Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
Lithium hydroxide is a compound formed of the white, soft metal lithium bound to a hydroxide group with the formula LiOH. It is commercially available in anhydrous form free of chemical bonds to water, though it is a hygroscopic chemical by nature that is also sold in monohydrate form as LiOH H2O. The compound is used in a variety of industries with popular commercial demands for it in the manufacture of lithium batteries and as lithium hydroxide monohydrate to make lubricating greases.
According to our (Global Info Research) latest study, the global Lithium Hydroxide market size was valued at US$ 606 million in 2023 and is forecast to a readjusted size of USD 1199 million by 2030 with a CAGR of 10.4% during review period.
Global major companies profiled in the Lithium Hydroxide market include FMC, SQM, Rockwood, etc. Global top 3 companies account for nearly 50% of market share.
North America is the largest consumption region, which accounts for nearly 45% of the total share. It is followed by China and occupies for over 35% of the total. Besides, Europe, Japan and other regions also play important role in consumption market.
In terms of product, Battery Grade is the largest segment. And based on application, there are Lubricants, Consumer Electronics, Traffic and so on.
This report is a detailed and comprehensive analysis for global Lithium Hydroxide market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. 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 Hydroxide market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030
Global Lithium Hydroxide market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030
Global Lithium Hydroxide market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030
Global Lithium Hydroxide market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 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 Hydroxide
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 Hydroxide 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 Livent, SQM, Albemarle, Jiangxi Ganfeng Lithium, Yahua Group, Tianqi Lithium, Weihua Group, Yibin Tianyi Lithium Industry, General Lithium, Shenzhen Chengxin Lithium Group, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Lithium Hydroxide market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Industrial Grade
Battery Grade
Others
Market segment by Application
Power Batteries
Consumer Batteries
Lubricating Greases
Other Applications
Major players covered
Livent
SQM
Albemarle
Jiangxi Ganfeng Lithium
Yahua Group
Tianqi Lithium
Weihua Group
Yibin Tianyi Lithium Industry
General Lithium
Shenzhen Chengxin Lithium Group
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 Hydroxide product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Lithium Hydroxide, with price, sales quantity, revenue, and global market share of Lithium Hydroxide from 2019 to 2024.
Chapter 3, the Lithium Hydroxide competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Lithium Hydroxide 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 Type and by Application, with sales market share and growth rate by Type, by Application, 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 Hydroxide market forecast, by regions, by Type, and by Application, 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 Hydroxide.
Chapter 14 and 15, to describe Lithium Hydroxide sales channel, distributors, customers, research findings and conclusion.