Global Lithium Hydroxide for Lithium Battery Market Growth 2024-2030
Lithium hydroxide is an inorganic compound with the formula LiOH. It can exist as anhydrous or hydrated, and both forms are white hygroscopic solids. They are soluble in water and slightly soluble in ethanol. Both are available commercially. While classified as a strong base, lithium hydroxide is the weakest known alkali metal hydroxide.
Lithium hydroxide is mainly consumed in the production of cathode materials for lithium ion batteries such as lithium cobalt oxide (LiCoO2) and lithium iron phosphate. It is preferred over lithium carbonate as a precursor for lithium nickel manganese cobalt oxides.
The global Lithium Hydroxide for Lithium Battery market size is projected to grow from US$ 10720 million in 2024 to US$ 72600 million in 2030; it is expected to grow at a CAGR of 37.6% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Lithium Hydroxide for Lithium Battery Industry Forecast” looks at past sales and reviews total world Lithium Hydroxide for Lithium Battery sales in 2023, providing a comprehensive analysis by region and market sector of projected Lithium Hydroxide for Lithium Battery sales for 2024 through 2030. With Lithium Hydroxide for Lithium Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lithium Hydroxide for Lithium Battery industry.
This Insight Report provides a comprehensive analysis of the global Lithium Hydroxide for Lithium Battery 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 Hydroxide for Lithium Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lithium Hydroxide for Lithium Battery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lithium Hydroxide for Lithium Battery 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 Hydroxide for Lithium Battery.
United States market for Lithium Hydroxide for Lithium Battery is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Lithium Hydroxide for Lithium Battery is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Lithium Hydroxide for Lithium Battery is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Lithium Hydroxide for Lithium Battery players cover Ganfeng Lithium, Albemarle, Arcadium Lithium, Canmax Technologies, Yahua Group, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Lithium Hydroxide for Lithium Battery market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Coarse Particle
Micro Powder
Segmentation by Application:
Lithium-Ion Battery for EVs
Lithium-Ion Battery for 3C Products
Lithium-Ion Battery for Energy Storage Systems
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 analysing the company's coverage, product portfolio, its market penetration.
Ganfeng Lithium
Albemarle
Arcadium Lithium
Canmax Technologies
Yahua Group
Tianqi Lithium
Shenzhen Chengxin Lithium Group
SQM
Sinomine Resource
Jiangsu Ronghui General Lithium
Youngy
Key Questions Addressed in this Report
What is the 10-year outlook for the global Lithium Hydroxide for Lithium Battery market?
What factors are driving Lithium Hydroxide for Lithium Battery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lithium Hydroxide for Lithium Battery market opportunities vary by end market size?
How does Lithium Hydroxide for Lithium Battery break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.