Lithium Hydroxide Market: Emerging Players with Size and Share, Regional Trends and Strategies Forecast 2021-2024

Lithium Hydroxide

The “Lithium Hydroxide Market” Report provides a thorough examination of the market. The Lithium Hydroxide Market research investigates how firms in the Lithium Hydroxide Market are reacting to changing market conditions by examining major industry strategies. The report covers current top players are recognised and rated based on their market shares. It also includes data on leading manufacturers, market segmentation by types, applications, and geographic regions. Market capacity, production, consumption, sales, and revenue are all discussed in this Lithium Hydroxide market report.

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Competitor Analysis:

Lithium Hydroxide market covers the vision of competitor analysis by product types, market share, applications, sales and revenue. It covers the top key players like –

  • 8.1 SQM S.A.
  • 8.2 Tianqi Lithium Corporation
  • 8.3 Albemarle Corporation
  • 8.4 Leverton
  • Clarke Speciality Chemicals
  • 8.5 FMC Corporation.
  • 8.6 Ganfeng Lithium Co.,Ltd.
  • 8.7 Nemaska Lithium
  • 8.8 SICHUAN BRIVO LITHIUM MATERIALS CO., LTD.
  • 8.9 Shangai China Lithium Industrial co., Ltd
  • 8.10 HELM AG

    Market Overview:

  • The market for Lithium hydroxide is expected to grow at a CAGR of over 10% during the forecast period of 2019 – 2024. Major factors driving the market studied are the growing demand for electric vehicles which use lithium batteries and increasing demand for power tools which use lithium hydroxide NCA cathode. However, rising concern regarding the toxicity of lithium hydroxide is expected to restrain the growth of the market.
  • – Batteries application dominated the market in 2018 and is expected to grow during the forecast period owing to the increasing demand for EVs.
  • – Growing industrialization in Asia pacific is expected to drive the demand for power tools which in turn is expected to increase the demand for lithium hydroxide as the power tools use lithium hydroxide NCA cathode.
  • – North America dominated the market across the globe with the largest consumption from the countries followed by Europe and Asia-pacific.<

    Key Market Trends:

    Increasing Demand for Electric vehicles

    – One of the major applications of lithium hydroxide is in making cathodes for rechargeable batteries which are used in electric vehicles. Lithium hydroxide is the most preferred among all the lithium compounds for this purpose as they have extreme electrochemical potential and low density.
    – Generous subsidies for electric vehicles and stringent regulations regarding the usage of conventional vehicles by the government are some of the key factors that are driving the growth of electric vehicle production in countries like China which occupies the majority share of the global electric vehicle market.
    – According to International Energy Agency, the global EV sales has reached 1.1 million by 2017 with a growth rate of 54% over 2016. Norway was the major shareholder globally, with a share of around 39% followed by Iceland and Sweden.
    – Companies like Tesla are investing hugely in promoting the use of electric vehicles by developing cost effective and high performance electric vehicles in order to leverage the adoption of electric vehicles and to create a network of supporting businesses, such as EV charging stations and service centers.

    Asia-Pacific Region to Dominate the Market

    Asia-Pacific region dominated the global market share in 2018. China has been both the leading producer and market for Li-ion batteries. South Korea and Japan also have high demand for Li-ion batteries. Rise in urbanization is expected to boost the demand for technically advanced devices, due to the benefits provided by the devices. This is expected to, consequently, lead to a growth in demand for lithium-ion batteries in the region. With growing industrialization in countries such as China and India demand for power tools which use lithium-ion batteries is also expected to increase. This in turn is expected to boost the demand for lithium hydroxide market.

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    Scope of the Report:

    This report studies the global Lithium Hydroxide market size, industry status and forecast, competition landscape and growth opportunity.

    Highlighted points of Lithium Hydroxide Market Report:

    • Varying dynamics of the Lithium Hydroxide industry.
    • Prospective changes in sales volumes and worldwide share growth in upcoming years
    • Lithium Hydroxide market report recognizes the key drivers of growth and challenges of the key industry players.
    • Competitors profiles along with product description, overview, and business data.
    • Complete analysis of market risks, opportunities, limitations, and growth of the market.
    • Market driving and restraining factors.
    • Delivers information on the historical and current market size and the future potential of the market.
    • Lithium Hydroxide market report provides comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of market.

    Key Benefits of this Lithium Hydroxide Market report:

    • The Lithium Hydroxide market report provides a comprehensive analysis of the current trends and future estimations in the world mining equipment market to identify the potential investment pockets.
    • The Lithium Hydroxide market report presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
    • Quantitative analysis of the current trends and forecasts to 2024 is provided to showcase the financial competency of the Lithium Hydroxide market.
    • Porter’s Five Force model of the industry and SWOT analysis illustrate the potency of the buyers & suppliers.
    • Value chain analysis provides a clear understanding of the roles of stakeholders involved.

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    Detailed TOC of Lithium Hydroxide Market Report:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Increasing Demand for Electric Vehicles
    4.1.2 Increasing Demand for power tools
    4.2 Restraints
    4.2.1 Rising concern about the toxicity
    4.3 Industry Value-Chain Analysis
    4.4 Porters 5 Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition
    4.5 Trade Analysis
    4.6 Price Trends

    5 MARKET SEGMENTATION
    5.1 Application
    5.1.1 Batteries
    5.1.2 Lubricating greases
    5.1.3 Ceramics
    5.1.4 Others
    5.2 Geography
    5.2.1 Asia-Pacific
    5.2.1.1 China
    5.2.1.2 India
    5.2.1.3 Japan
    5.2.1.4 South Korea
    5.2.1.5 Australia & New Zealand
    5.2.1.6 Rest of Asia-Pacific
    5.2.2 North America
    5.2.2.1 United States
    5.2.2.2 Canada
    5.2.2.3 Mexico
    5.2.3 Europe
    5.2.3.1 Germany
    5.2.3.2 United Kingdom
    5.2.3.3 Italy
    5.2.3.4 France
    5.2.3.5 Russia
    5.2.3.6 Rest of Europe
    5.2.4 South America
    5.2.4.1 Brazil
    5.2.4.2 Argentina
    5.2.4.3 Rest of South America
    5.2.5 Middle East & Africa
    5.2.5.1 Saudi Arabia
    5.2.5.2 South Africa
    5.2.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 8.1 SQM S.A.
    6.4.2 8.2 Tianqi Lithium Corporation
    6.4.3 8.3 Albemarle Corporation
    6.4.4 8.4 Leverton-Clarke Speciality Chemicals
    6.4.5 8.5 FMC Corporation.
    6.4.6 8.6 Ganfeng Lithium Co.,Ltd.
    6.4.7 8.7 Nemaska Lithium
    6.4.8 8.8 SICHUAN BRIVO LITHIUM MATERIALS CO., LTD.
    6.4.9 8.9 Shangai China Lithium Industrial co., Ltd
    6.4.10 8.10 HELM AG

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Development in Lithium deposits

    Contact Us:

    Name: Ajay More

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    Email: [email protected]

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