Global Butyllithium Market Growth 2023-2029

Global Butyllithium Market Growth 2023-2029

n-Butyllithium, often abbreviated as butyllithium, is the most important organolithium compound. It is widely used as a polymerization initiator for elastic polymers such as polybutadiene and styrene-butadiene-styrene resins. It is also often used as a strong base in organic synthesis in industry and laboratories. n-Butyllithium is usually sold as an alkane solution. Although n-butyllithium itself is a colorless solid, it usually occurs as a pale yellow solution in alkane. Butyllithium is mainly used as a catalyst for the reaction of synthetic rubber and pharmaceutical intermediates. It can reduce the temperature of the reaction. It is only used as a catalyst and does not participate in the reaction. After the reaction, it is converted into a lithium chloride solution and rises up.

LPI (LP Information)' newest research report, the “Butyllithium Industry Forecast” looks at past sales and reviews total world Butyllithium sales in 2022, providing a comprehensive analysis by region and market sector of projected Butyllithium sales for 2023 through 2029. With Butyllithium sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Butyllithium industry.

This Insight Report provides a comprehensive analysis of the global Butyllithium landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Butyllithium portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Butyllithium market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Butyllithium and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Butyllithium.

The global Butyllithium market size is projected to grow from US$ 1119 million in 2022 to US$ 643.3 million in 2029; it is expected to grow at a CAGR of 643.3 from 2023 to 2029.

Global key players of Butyllithium include Livent, Albemarle, Jiangsu Changjili New Energy Technology Co., Ltd., Jiangxi Ganfeng Lithium Co. Ltd, Shaoxing Shangyu Hualun Chemical Co., Ltd, etc. The top five players hold a share about 80%. China is the largest producer, has a share about 40%, followed by Europe and North America, with share 33% and 15%, respectively. The largest market is Asia-Pacific, with a share about 52%, followed by Europe and North America, with share 28% and 16%, separately.

This report presents a comprehensive overview, market shares, and growth opportunities of Butyllithium market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
15%~20% Solution
20%~30% Solution
Others

Segmentation by application
Petrochemical Industry
Pharmaceutical Industry
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Livent
Albemarle
Jiangsu Changjili New Energy Technology Co., Ltd.
Jiangxi Ganfeng Lithium Co. Ltd
Shaoxing Shangyu Hualun Chemical Co., Ltd

Key Questions Addressed in this Report

What is the 10-year outlook for the global Butyllithium market?

What factors are driving Butyllithium market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Butyllithium market opportunities vary by end market size?

How does Butyllithium break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.