Global Lithium Sulfides Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Lithium Sulfides Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Lithium Sulfides market size was valued at USD 7 million in 2022 and is forecast to a readjusted size of USD 51 million by 2029 with a CAGR of 34.0% during review period.

Lithium sulfide is the inorganic compound with the formula Li2S. It crystallizes in the antifluorite motif, described as the salt (Li+)2S2−. It forms a solid yellow-white deliquescent powder. In air, it easily hydrolyses to release hydrogen sulfide (rotten egg odor).

Lithium sulfide (Li2S) is a product specially designed for the use in high performance batteries which can be either applied as electrode material or as precursor for solid electrolytes. At present, many applications of lithium sulfide in lithium batteries are still in the stage of R & D and testing.

The global key manufacturers of lithium sulfides include Lorad Chemical, Albemarle, AMG Lithium, Materion, Hubei Xinrunde, and others. The top five producers have a total market share of 50%, with the largest producer being Lorad Chemical with a 15% share. Global origins are mainly located in North America, Europe, China, Japan, etc., with North America being the largest production region with a share of about 40%. In terms of product categories, 99.9% purity holds the majority of the market share with 75% and 99.99% purity with 25%. In terms of application, sulfide solid electrolyte is the number one application with over 85% market share.

The Global Info Research report includes an overview of the development of the Lithium Sulfides industry chain, the market status of Sulfide Solid Electrolytes (99.9%, 99.99%), Lithium-sulfur Batteries Electrodes (99.9%, 99.99%), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Lithium Sulfides.

Regionally, the report analyzes the Lithium Sulfides markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Lithium Sulfides market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Lithium Sulfides market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Lithium Sulfides industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Kg), revenue generated, and market share of different by Purity (e.g., 99.9%, 99.99%).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Lithium Sulfides market.

Regional Analysis: The report involves examining the Lithium Sulfides market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Lithium Sulfides market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Lithium Sulfides:

Company Analysis: Report covers individual Lithium Sulfides manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Lithium Sulfides This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Sulfide Solid Electrolytes, Lithium-sulfur Batteries Electrodes).

Technology Analysis: Report covers specific technologies relevant to Lithium Sulfides. It assesses the current state, advancements, and potential future developments in Lithium Sulfides areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Lithium Sulfides market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Lithium Sulfides market is split by Purity and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Purity, and by Application in terms of volume and value.

Market segment by Purity
99.9%
99.99%

Market segment by Application
Sulfide Solid Electrolytes
Lithium-sulfur Batteries Electrodes

Major players covered
Lorad Chemical
Albemarle
AMG Lithium
Materion
Stanford Advanced Materials (Oceania International)
Ganfeng Lithium Co
Hubei Xinrunde
Hangzhou Kaiyada
Chengdu Hipure

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 Sulfides product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Lithium Sulfides, with price, sales, revenue and global market share of Lithium Sulfides from 2018 to 2023.

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

Chapter 4, the Lithium Sulfides breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Purity and application, with sales market share and growth rate by purity, application, from 2018 to 2029.

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 2017 to 2022.and Lithium Sulfides market forecast, by regions, purity and application, with sales and revenue, from 2024 to 2029.

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 Sulfides.

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