Lithium Bromide Market (Updated Version Available)

The report offers detailed coverage of Lithium Bromide industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Lithium Bromide by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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.
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 report forecast global Lithium Bromide market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Lithium Bromide market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
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


At the same time, we classify Lithium Bromide according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Lithium Bromide Solution
Lithium Bromide Anhydrous
Others
Market by Application
Air Conditioning
Industrial Drying
Medicine Industry
Brazing and Welding
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Lithium Bromide market for the forecast period 2021 - 2025?
• What are the driving forces in the Lithium Bromide market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Lithium Bromide industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?