Battery-grade Lithium Hydroxide Monohydrate Market by Type (0.99, >99%) Application (Electric Vehicles, Electric Bicycles, Power Tools, Energy Storage Systems, Others) - Global Industry Analysis & Forecast to 2027
Industry Outlook and Trend Analysis
The Battery-grade Lithium Hydroxide Monohydrate Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Battery-grade Lithium Hydroxide Monohydrate is mainly used in the production of cathode materials for lithium-ion battery. It is also used as additive in the production of alkaline battery electrolyte, which could increase capacitance by 12% to 15%, and more than double the battery working life.
Drivers and Restraints
Top-down and bottom-up approaches are used to validate the global market and estimate the market size for company, regions segments, type segments and applications (end users). In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Regional Insights
The data for 2019 is an estimate, based on the history data and the integrated view of industry experts, manufacturers, distributors and end users etc.
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
SouthAmerica
Brazil
Argentina
Columbia
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Competitive Analysis
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Ganfeng Lithium Co.,Ltd
Tianqi Lithium
SQM
Hubei Baijierui Advanced Materials Corporation
Livent
Leverton-Clarke Specialty Chemicals
European Metals Holdings
Sinomine Resource Group
AMG
JSC CMP
Albemarle Corporation
Sichuan Yahua Industrial Group
Sichuan Brivo Lithium Materials Co.,Ltd
Some of the key questions answered by the report are:
What was the market size in 2016 and forecast from 2020 to 2027?
What will be the industry market growth from 2016 to 2027?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?