Global Pharmaceutical Grade Lithium Carbonate Market Growth 2023-2029
Lithium carbonate, also known as lithium salt, is the most widely used mood stabilizer in psychiatry. In contrast to tricyclic anti-depressants, lithium can significantly inhibit the release of norepinephrine and dopamine in the central nervous system and increase the re-uptake of neurons to exert an anti-manic effect. In the psychiatric department, lithium carbonate is used as a mood stabilizer for the treatment of mania and is regarded as a specific drug for bipolar disorder, as well as for the prevention of mania and depression. In addition, lithium carbonate is also used in the treatment of schizoaffective psychosis, schizophrenia, epilepsy caused by mental disorders, and used to control the excitement of the patient's impulsive aggressive behaviour.
LPI (LP Information)' newest research report, the “Pharmaceutical Grade Lithium Carbonate Industry Forecast” looks at past sales and reviews total world Pharmaceutical Grade Lithium Carbonate sales in 2022, providing a comprehensive analysis by region and market sector of projected Pharmaceutical Grade Lithium Carbonate sales for 2023 through 2029. With Pharmaceutical Grade Lithium Carbonate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pharmaceutical Grade Lithium Carbonate industry.
This Insight Report provides a comprehensive analysis of the global Pharmaceutical Grade Lithium Carbonate 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 Pharmaceutical Grade Lithium Carbonate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pharmaceutical Grade Lithium Carbonate market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pharmaceutical Grade Lithium Carbonate 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 Pharmaceutical Grade Lithium Carbonate.
The global Pharmaceutical Grade Lithium Carbonate market size is projected to grow from US$ 95 million in 2022 to US$ 142.8 million in 2029; it is expected to grow at a CAGR of 142.8 from 2023 to 2029.
The major players in global Pharmaceutical Grade Lithium Carbonate market include Albemarle, Essential Pharma, Livent, etc. The top 3 players occupy about 45% shares of the global market. Americas and Europe are main markets, they occupy about 80% of the global market. 0.985-0.99 is the main type, with a share over 70%. Lithium Carbonate Sustained-release Tablets is the main application, which holds a share about 95%.
This report presents a comprehensive overview, market shares, and growth opportunities of Pharmaceutical Grade Lithium Carbonate market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
0.98-0.985
0.985-0.99
Above 0.99
Segmentation by application
Lithium Carbonate Sustained-release Tablets
Lithium Carbonate Ordinary Tablets
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
Globe Quimica
ANI Pharmaceuticals
Essential Pharma
Taj Pharma
Axiom Lithium
Jiangsu Nhwa Pharmaceutical
Qianjin Group
Jiangsu Lianhuan Pharmaceutical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Pharmaceutical Grade Lithium Carbonate market?
What factors are driving Pharmaceutical Grade Lithium Carbonate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Pharmaceutical Grade Lithium Carbonate market opportunities vary by end market size?
How does Pharmaceutical Grade Lithium Carbonate 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.
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