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Lithium hydroxide is a compound formed of the white, soft metal lithium bound to a hydroxide group with the formula LiOH. It is commercially available in anhydrous form free of chemical bonds to water, though it is a hygroscopic chemical by nature that is also sold in monohydrate form as LiOH H2O. The compound is used in a variety of industries with popular commercial demands for it in the manufacture of lithium batteries and as lithium hydroxide monohydrate to make lubricating greases.
Market Analysis and Insights: Global Lithium Hydroxide Monohydrate Market
Due to the COVID-19 pandemic, the global Lithium Hydroxide Monohydrate market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Lithium Hydroxide Monohydrate global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
In United States, Lithium Hydroxide Monohydrate key players include FMC, Rockwood Lithium, etc. Global top two manufacturers hold a share over 85%.
South is the largest market, with a share about 70%, followed by West, and Northeast, both have a share about 30 percent.
In terms of product, Industrial Grade is the largest segment, with a share over 60%. And in terms of application, the largest application is Lubricants, followed by Traffic, Consumer Electronics, etc.
Global Lithium Hydroxide Monohydrate Scope and Market Size
The global Lithium Hydroxide Monohydrate market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Lithium Hydroxide Monohydrate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Industrial Grade
Battery Grade
Others
Segment by Application
Lubricants
Consumer Electronics
Traffic
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
FMC
Rockwood Lithium
Simbol
SQM
Tianqi Lithium
Market Analysis and Insights: Global Lithium Hydroxide Monohydrate Market
Due to the COVID-19 pandemic, the global Lithium Hydroxide Monohydrate market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Lithium Hydroxide Monohydrate global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
In United States, Lithium Hydroxide Monohydrate key players include FMC, Rockwood Lithium, etc. Global top two manufacturers hold a share over 85%.
South is the largest market, with a share about 70%, followed by West, and Northeast, both have a share about 30 percent.
In terms of product, Industrial Grade is the largest segment, with a share over 60%. And in terms of application, the largest application is Lubricants, followed by Traffic, Consumer Electronics, etc.
Global Lithium Hydroxide Monohydrate Scope and Market Size
The global Lithium Hydroxide Monohydrate market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Lithium Hydroxide Monohydrate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Industrial Grade
Battery Grade
Others
Segment by Application
Lubricants
Consumer Electronics
Traffic
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
FMC
Rockwood Lithium
Simbol
SQM
Tianqi Lithium
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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