The Report “Global Butyl-Lithium Market by Applications (Medical, Polymers and Others); By Geography (North America, Europe, Asia-pacific and Rest of the world) - Forecasts till 2020”, at a CAGR of 13.89% from 2015 to 2020.
Browse through the TOC of the Global Butyl-Lithium Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Butyllithium is an organo-lithium reagent. It is a flammable and corrosive material and thus stored at temperatures less than 10 °C. Butyllithium is colorless but usually takes encountered as a pale yellow solution in alkanes. The extreme polar nature of carbon-lithium bond makes butyllithium a strong base material in various applications in elastomers, medical and other segments. In polymers, butyllithium finds its major application in the manufacturing of elastomers such as poly-isoprene, polybutadiene and butadiene/styrene copolymer - styrene-butadiene-styrene (SBS). It work as reducing agents, catalyst or initiator for polymerization and catalysts for organic reactions. Medical segment is other important segment for butyllithium. In medical industry, it is largely employed as a strong base (superbase) in the synthesis of organic compounds in the pharmaceutical industry. Other applications of butyllithium are organic synthesis of agrochemicals and electronic materials.
The global lithium is composed of sustained growth in the years ahead. Polymers held largest market share followed by medical 2015 and 2020. The overall Butyl-lithium consumption will likely post 6.32% YoY growth in terms of volume and in terms of value the market will increase with a CAGR of 13.89%. Chile and Australia are the largest producers of lithium followed by China, Argentina, Zimbabwe and U.S.A among others.
In terms of geography the market is segmented into Asia-Pacific, North America, Europe and Rest of the world (RoW). The Asia-Pacific region is the fastest growing region in the Global Butyl-lithium market.
New product launch, Joint venture and expansions are the key growth strategies adopted by the key players in the market. Manufacturing companies and end-product manufacturers infuse high investments for future advancements and technology modifications to match the ever growing demand coming from end-user industries.
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 Butyl-lithium 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.), Sichuan Tianqui (Australia), Talison Lithium Ltd. (Australia), Galaxy Resources (Australia), and others.
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