Medical Newswire

Medical Newswire!

Medicine, Healthcare, Medical Research, Hospitals, Management
Press release distribution service
Home | Medical-Newswire.Com:

Lithium Compounds Market worth 5.87 Billion USD by 2020

 



(Medical-NewsWire.com, August 12, 2016 ) The report "Lithium Compounds Market by Application (Li-ion Batteries, Glass & Ceramics, Medical, Lubricants, Metallurgy, Polymers), by Derivatives (Lithium Carbonate, Lithium Hydroxide, Lithium Metal, Butyl-Lithium) & by Region - Global Forecasts to 2020", The global lithium compounds market is projected to reach USD 5.87 Billion by 2020, at a CAGR of 13.22% between 2015 and 2020. The base year considered for the study is 2014 and forecast period is 2015 to 2020.

Browse 537 market data Tables and 56 Figures spread through 337 Pages and in-depth TOC on "Lithium Compounds Marke - Global Forecasts to 2020"

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=167191191

Early buyers will receive 10% customization on this report.

Li-ion batteries is the largest application segment

Li-ion batteries is the largest application for lithium compounds, in terms of value and volume. The demand for li-ion batteries is growing in countries such as China, India, South Korea, Brazil, and Czech Republic for new generation energy electronic devices like cameras, high performance portable computing devices, and electric vehicles. This in turn is driving the growth of lithium batteries.

Glass & ceramics is the second-largest segment and is projected to register significant growth in the coming years; driven by huge investments in new infrastructure developments, new housing projects, and renovation of non-residential buildings in the U.S., China, India, and the U.K.

The lithium hydroxide segment is the fastest-growing derivative, by volume

Lithium hydroxide is growing at the highest CAGR in terms of volume, from 2015-2020. This derivative is mainly used in industrial lubricant, active cathode in batteries, and others. Also, due to better properties than other concentrates, it is mostly preferred for new battery technologies.

Request Sample @ http://www.marketsandmarkets.com/requestsample.asp?id=167191191

Asia-Pacific is the largest geographical market segment

Asia-Pacific is the largest market for the lithium compounds. The rising demand for new energy storage application in vehicles, grid connected energy storage, and high requirements of consumer gadgets are expected to change the market dynamics.

North America is an emerging market for lithium compounds, due to the increasing demand from end-user industries. This region constitutes the second-largest market for lithium compounds consumption in 2014.

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. Some of the major market players operating in this market are SQM (Chile), Albemarle Corporation (U.S.), FMC (U.S.), Sichuan Tianqui lithium (China), and Jiangxi Ganfeng Lithium Co., Ltd (China) are the key players actively present in the lithium compounds market.

MarketsandMarkets

Mr. Rohan

1-888-600-6441

sales@marketsandmarkets.com

Source: EmailWire.Com

Source: EmailWire.com


Medical Resources
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Healthcare resource center today to browse our selection of 600+ complimentary Healthcare magazines, white papers, webinars, podcasts, and more. Get popular titles including:

Eyecare Business
Medical Laboratory Observer
FierceHealthcare

No credit cards, coupons, or promo codes required. Try it today!

Medical Sponsors

Health News


Pharmanewswire.com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com. CityRegions.Com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © 2012 GroupWeb Media LLC. All Rights Reserved.


GroupWeb Media Network
AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com
| InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
Medical-Newswire.com - Medicl Newswire and Press Release service of GroupWeb Media LLC