Lithium hydroxide is a compound formed of the white, soft metal lithium bound to a hydroxide group with the formula LiOH. It is commercially available in anhydrous form free of chemical bonds to water, though it is a hygroscopic chemical by nature that is also sold in monohydrate form as LiOH H2O. The compound is used in a variety of industries with popular commercial demands for it in the manufacture of lithium batteries and as lithium hydroxide monohydrate to make lubricating greases.
This report contains market size and forecasts of Lithium Hydroxide Monohydrate in global, including the following market information:
Global Lithium Hydroxide Monohydrate Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Lithium Hydroxide Monohydrate Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Lithium Hydroxide Monohydrate companies in 2021 (%)
The global Lithium Hydroxide Monohydrate market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Industrial Grade Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Lithium Hydroxide Monohydrate include FMC, Rockwood Lithium, Simbol, SQM and Tianqi Lithium, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Lithium Hydroxide Monohydrate manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Lithium Hydroxide Monohydrate Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Lithium Hydroxide Monohydrate Market Segment Percentages, by Type, 2021 (%)
Industrial Grade
Battery Grade
Others
Global Lithium Hydroxide Monohydrate Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Lithium Hydroxide Monohydrate Market Segment Percentages, by Application, 2021 (%)
Lubricants
Consumer Electronics
Traffic
Others
Global Lithium Hydroxide Monohydrate Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Lithium Hydroxide Monohydrate Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Lithium Hydroxide Monohydrate revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Lithium Hydroxide Monohydrate revenues share in global market, 2021 (%)
Key companies Lithium Hydroxide Monohydrate sales in global market, 2017-2022 (Estimated), (MT)
Key companies Lithium Hydroxide Monohydrate sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
FMC
Rockwood Lithium
Simbol
SQM
Tianqi Lithium