Global Lithium Chloride Market: By Applications (Metallurgy, Air Conditioning and Others); By Geography (North America, Europe, Asia-pacific and Rest of the world) - Forecasts till 2020
- Report Code: LI 1000
- Publish Date: Upcoming
Lithium Chloride is an alkali compound that is slightly soluble in water. It is mainly used in the production of lithium metal through electrolysis. Lithium chloride is produced by reacting hydrochloric acid with lithium carbonate. The lithium chloride market is expected to grow at a CAGR of 6.44% in terms of volume during the forecast period. The growth is attributed to increase in its application, and economical extraction and processing of lithium hydroxide from brines, sedimentary rocks, and pegmatites.
In terms of volume, the lithium chloride segment registered 8,414.43 tons in 2014, and is expected to grow at a CAGR of 6.44%between 2015 and 2020, to reach 11,811.15 tons by 2020. This segment was valued at USD 16.55 million in 2014, and is expected to grow at a CAGR of 16.87% between 2015 and 2020, to reach USD 46.34 million by 2020.
Metallurgy is the biggest end user industry in terms of volume for lithium chloride market. More than 80% of the lithium chloride is consumed in metallurgy industry. The major leading players in the metallurgy industry have been targeting Asia-Pacific market for expanding their current capacities and exploring new growth opportunities in this market. The growth is due to the increasing demand from end-use industries such as electronics, automotive and so on.
This report aims to estimate the global Lithium Chloride Market for 2015 and to project the expected demand of the same by 2020. This market research study provides a detailed qualitative and quantitative analysis of the global Lithium Chloride market. It provides a comprehensive review of major drivers and restraints of the market. The global Lithium Chloride market is also segmented into major application and geographies.
An in-depth market share analysis, in terms of revenue, of the top companies is also included in the report. These numbers are arrived at based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts, key opinion leaders such as CEOs, directors, and marketing executives. A detailed market share analysis of the major players in Global Lithium Chloride market has been covered in this report. Some of the major companies in this market are SQM (Chile), FMC Corp (U.S.), Albemarle Corp (U.S.), Jiangxi Ganfeng Lithium Co. Ltd, Sichuan Tianqui (Australia), Talison Lithium Ltd. (Australia), Galaxy Resources (Australia), and others.
Table of Contents
1. Introduction
1.1. Analyst Insights
1.2. Market Definitions
1.3. Market Segmentation & Aspects Covered
2. Research Methodology
2.1. Arriving at Global Lithium Chloride Market
2.2. Market Size Estimation
2.3. Top Down Approach
2.4. Bottom Up Approach
2.5. Demand (Consumption) Side Analysis
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Lithium Chloride Market- Comparison With Parent Market
4.3. Market Drivers & Inhibitors
4.4. Key Market Dynamics
4.5. Demand Side Analysis
5. Global Lithium Chloride Market, By Application
5.1. Introduction
5.2. Global Lithium Chloride, By Application
5.3. Medical
5.4. Metallurgy
5.5. Air Treatmemt
5.6. Others
6. Global Lithium Chloride Market, By Geography
6.1. Overview
6.2. Asia-Pacific
6.2.1. China
6.2.2. South Korea
6.2.3. Japan
6.2.4. Rest of Asia-Pacific
6.3. North America
6.3.1. Canada
6.3.2. U.S.
6.4. Europe
6.4.1. Germany
6.4.2. France
6.4.3. U.K.
6.4.4. Rest of Europe
6.5. ROW
7. Global Lithium Chloride Competitive Landscape
7.1. Introduction
7.2. Competitive Landscape
7.3. Company Presence in Global Lithium Chloride Market
7.4. Mergers and Acquisitions
7.5. Venture Capital Funding
8. Company Profile
8.1. Sociedad Quimica Y Minera De Chile (Sqm)
8.2. Fmc Corp.
8.3. Albemarle Corp
8.4. Jiangxi Ganfeng Lithium Co. Ltd
8.5. Leverton-Clarke
8.6. Kurt J. Lesker
8.7. American Elements
8.8. Harshilindustries
8.9. Vadodara
8.10. Tianqi Lithium
8.11. Brivo Lithium
8.12. Jiangxi Dongpeng New Materials
8.13. Huizhi Lithium Energy
8.14. Haoxin Liyan
8.15. Zigong Tongfarong Industry
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