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Lithium bromide is a chemical compound of lithium and bromine. Formula: LiBr. White cubic crystal or granular powder, easily soluble in water, soluble in alcohol and ether, slightly soluble in pyridine, it can soluble in methanol, acetone, ethylene glycol and other organic solvents. It is generally used in certain air conditioning systems.
Scope of the Report:
Lithium bromide has wide application range and in future its applications will increase further. But the demand of lithium bromide will decrease in future. The price of lithium bromide was increasing largely from 2010 to 2015, it is from 4600 USD/MT to 5500 USD/MT, and it will also increase in future. The global gross margin is at about 18-20%.
This industry is affected by the downstream applications, so it's important to keep an eye on downstream industries. With the decreasing global downstream industries, less and less people pay attention to rising environment standards, the need and production of lithium bromide will decrease.
We tend to believe that this industry is now close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in future too, as competition intensifies, prices gap between different brands will go on narrowing. Similarly, there will be fluctuation in gross margin.
The worldwide market for Lithium Bromide is expected to grow at a CAGR of roughly -1.1% over the next five years, will reach 83 million US$ in 2024, from 88 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Lithium Bromide in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Rockwood Lithium
- FMC Corporation
- Leverton-Clarke
- ICL-IP
- Shreenivas Chemicals
- Dhara Fine Chem
- Westman Chemicals
- Nanjing Taiye Chemical
- Honjo Chemical
- Haoxin Liyan
- Jiangsu World Chemical Industry
- Jiangxi Dongpeng New Materials
- Dongying Bromate Chemicals
- Shanghai China Lithium Industrial
- Shandong Tianxin Chemical
- Huizhi Lithium Energy
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Lithium Bromide Solution
- Lithium Bromide Anhydrous
- Others
Market Segment by Applications, can be divided into
- Air Conditioning
- Industrial Drying
- Medicine Industry
- Brazing and Welding
- Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Lithium Bromide product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Lithium Bromide, with price, sales, revenue and global market share of Lithium Bromide in 2017 and 2018.
Chapter 3, the Lithium Bromide competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Lithium Bromide breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Lithium Bromide market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Lithium Bromide sales channel, distributors, customers, research findings and conclusion, appendix and data source.