Lithium Chemical Market to Grow at a CAGR of 35.1% by 2026 Profiling Albemarle Corporation, Livent, Galaxy Resources Limited, SQM S.A., Orocobre Limited Pty Ltd

Lithium Chemical report is the comprehensive market research report which studies the challenges, market structures, opportunities, driving forces, emerging trends, and competitive landscape of Chemical industry. It gives better ideas and solutions in terms of product trends, marketing strategy, future products, new geographical markets, future events, sales strategies, customer actions or behaviours. The market insights covered in Lithium Chemical Market report simplifies managing marketing of goods and services effectively. Various parameters covered in this research report helps businesses for better decision making. Market overview is given in terms of drivers, restraints, opportunities and challenges where each of this parameter is studied scrupulously.

This Lithium Chemical report will suit your business requirements in many ways while also assisting in informed decision making and smart working. Company profiles of the key market competitors are analysed with respect to company snapshot, geographical presence, product portfolio, and recent developments.

Global lithium chemicals market is projected to register a healthy CAGR of 35.1% in the forecast period of 2019 to 2026.

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Lithium is highly flammable and bursts into crimson colored flames when thrown into the fire. The lithium chemicals are used in wide range of applications. The lithium hydroxide acts as a condenser to produce glasses that are used for industrial applications as lubricants. It is also used in the production of rechargeable batteries especially for electronic gadgets. Increasing demand for lithium chemicals for industrial purposes is helping the Asia-Pacific lithium chemical market to grow in future.

Top Manufacturers Covered in the Report:

Some of key competitors or manufacturers included in the study are Albemarle Corporation, Livent, Galaxy Resources Limited, SQM S.A., Orocobre Limited Pty Ltd, SICHUAN BRIVO LITHIUM MATERIALS CO., LTD., Lithium Americas Corp., Pilbara Minerals, Neometals Ltd, Millennial Lithium, Tianqi Lithium Industry Co., Ltd., Nemaska Lithium, Ganfeng Lithium Co, Ltd., Talison Lithium Pty Ltd, Mody Chemi-Pharma Limited, SOVEMA GROUP S.p.A., Altura Mining, Infinity Lithium Corporation Limited, ProChem, Inc International and Critical Elements Lithium Corporation.

Production Expansion:

In August 2019, Lithium Americas Corp. invested USD 160 million in order to continue the construction activities of their subsidiary Minera Exar S.A., a lithium carbonate extraction project based in Argentina. With this move, the company is expected to increase their production capacity of lithium carbonate to 40,000 tonnes per annum

In March 2019, Nemaska Lithium has expanded their production of battery grade lithium hydroxide, which is a long-term agreement with Johnson Matthey that is involved in the production of battery grade lithium hydroxide. With this expansion, the company will be able to penetrate more into the market

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Global Lithium Chemicals Market Trends:

Global Lithium Chemicals Market By Type (Lithium Carbonate, Lithium Chloride, Lithium Hydroxide, Lithium Fluoride, Lithium Bromide and Others)

Grade (Industrial Grade, Battery Grade and Others)

Application (Battery, Lubricant, Aluminium Smelting & Alloy, Air Treatment, Medical, Glass &Ceramics, Metallurgy, Polymer, Greases and Others)

End-User (Industrial, Electronics and Electricals, Transportation, Medical, Power Plants and Others)

Geography (North America, South America, Europe, Asia-Pacific and Middle East& Africa)

A team of multi-lingual analysts and project managers and the skilled experts serve clients on every strategic aspect comprising product development, key areas of development, application modelling, use of technologies, the acquisition strategies, exploring niche growth opportunities and new markets. This high quality global market research has been brought together for the success of business even at international level. The research and analysis carried out in this Lithium Chemicals Market report helps businesses envisage investment in an emerging market, expansion of market share or success of a new product with the help of global market research analysis.

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Customization Options

All segmentation provided above in this report is represented at country level and can be customized according to needs.

All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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