Global Lithium Iodide Market Growth 2023-2029

Global Lithium Iodide Market Growth 2023-2029

Lithium Iodide is generally immediately available in most volumes. High purity, submicron and nanopowder forms may be considered. Hydrate or anhydrous forms may be purchased. Iodide compounds are water soluble; however, iodide-rich solutions act as better dissolution agents for creating iodide solutions. Iodides are often used in internal medicine. Treating an iodide with manganese dioxide and sulfuric acid sublimes the iodine. American Elements produces to many standard grades when applicable, including Mil Spec (military grade); ACS, Reagent and Technical Grade; Food, Agricultural and Pharmaceutical Grade; Optical Grade, USP and EP/BP (European Pharmacopoeia/British Pharmacopoeia) and follows applicable ASTM testing standards. Typical and custom packaging is available. Additional technical, research and safety (MSDS) information is available as is a Reference Calculator for converting relevant units of measurement.

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

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

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

The global Lithium Iodide market size is projected to grow from US$ 5 million in 2022 to US$ 7 million in 2029; it is expected to grow at a CAGR of 7 from 2023 to 2029.

Global Lithium Iodide key players include Albemarle, American Elements, Leverton Lithium, Shanghai China Lithium, Triveni Chemicals, etc. Global top five players hold a share about 50%.

Notth America is the largest market, with a share about 30%, followed by China and Europe, having a total share about 50 percent.

In terms of product, Lithium Iodide Trihydrate is the largest segment, with a share about 80%. And in terms of application, the largest application is Chemical, followed by Pharmaceuticals and Electrolyte, etc.

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

Market Segmentation:

Segmentation by type

Lithium Iodide Trihydrate

Lithium Iodide Anhydrous

Segmentation by application

Chemical

Pharmaceuticals

Electrolyte

Other

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.

Albemarle

American Elements

Leverton Lithium

Shanghai China Lithium

Triveni Chemicals

HUIZHI Lithium

Samrat Pharmachem

Nanjing Taiye

Hubei Chushengwei

Shanghai Oujin Lithium

Shanghai Litooo

Key Questions Addressed in this Report

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

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

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

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

How does Lithium Iodide 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.