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Lithium Hydroxide Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Lithium

The “Lithium Hydroxide Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Lithium Hydroxide Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Lithium Hydroxide market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Lithium Hydroxide Market Are:

  • 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

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    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.<

    Scope of the Report:

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

    Lithium Hydroxide Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Lithium Hydroxide market?
    • What are the key market trends impacting the growth of the global Lithium Hydroxide market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Lithium Hydroxide market?
    • What are the market opportunities and threats faced by the vendors in the global Lithium Hydroxide market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Lithium Hydroxide market?

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    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.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Lithium Hydroxide Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Lithium Hydroxide.

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    Report Objectives:

    • Analyzing the size of the Lithium Hydroxide market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Lithium Hydroxide market.
    • Determining the key dynamics of the Lithium Hydroxide market.
    • Highlighting significant trends of the Lithium Hydroxide market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Lithium Hydroxide market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Lithium Hydroxide market.

    Detailed TOC of Lithium Hydroxide Market Report 2019-2024:

    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

     

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    Alfredo Epps is a finance expert heading the petroleum column. He joined the group last year as an associate writer. But his thorough research skills and ability to seamlessly putting numerical data into words helped him get a senior position. Apart from a column head, Alfredo is a dancer and a violinist.

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