Global Lithium Hydride Market Growth 2023-2029

Global Lithium Hydride Market Growth 2023-2029

Lithium hydride is the hydride of metal lithium with the formula LiH. It is a colorless solid, although commercial samples are grey. LiH is produced by treating lithium metal with hydrogen gas. Lithium hydride has a high melting point and thermal stability. This product has a wide application.

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

This Insight Report provides a comprehensive analysis of the global Lithium Hydride 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 Lithium Hydride portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Lithium Hydride market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lithium Hydride 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 Lithium Hydride.

The global Lithium Hydride market size is projected to grow from US$ 31 million in 2022 to US$ 40 million in 2029; it is expected to grow at a CAGR of 40 from 2023 to 2029.

China is the largest Lithium Hydride market with about 41% market share. Europe is follower, accounting for about 26% market share.

The key players are Rockwood Lithium, ESPI Metals, Dalchem, Tianjin Daofu, Ganfeng Lithium, Tianjin Dipper Fine, Hebei Keyu, Anhui Wotu etc. Top 3 companies occupied about 51% market share.

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

Market Segmentation:

Segmentation by type

0.95

0.97

0.99

Others

Segmentation by application

Raw Material

Hydrogen storage material

Desiccant

Reducing agent

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.

Rockwood Lithium

ESPI Metals

Dalchem

Tianjin Daofu

Ganfeng Lithium

Tianjin Dipper Fine

Hebei Keyu

Anhui Wotu

Key Questions Addressed in this Report

What is the 10-year outlook for the global Lithium Hydride market?

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

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

How do Lithium Hydride market opportunities vary by end market size?

How does Lithium Hydride 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.