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Global Lithium Hydroxide Market Research Report 2023
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Lithium Hydroxide Market Share Analysis
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.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global major companies profiled in the Lithium Hydroxide market include FMC, SQM, Rockwood, etc. Global top 3 companies account for nearly 50% of market share.
North America is the largest consumption region, which accounts for nearly 45% of the total share. It is followed by China and occupies for over 35% of the total. Besides, Europe, Japan and other regions also play important role in consumption market.
In terms of product, Battery Grade is the largest segment. And based on application, there are Lubricants, Consumer Electronics, Traffic and so on.
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Segment by Type
Industrial Grade
Battery Grade
Others
Segment by Application
Power Batteries
Consumer Batteries
Lubricating Greases
Other Applications
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia)
Asia-Pacific (China, Japan, South Korea, Taiwan)
Southeast Asia (India)
Latin America (Mexico, Brazil)
By Company Livent, SQM, Albemarle, Jiangxi Ganfeng Lithium, Yahua Group, Tianqi Lithium, Weihua Group, Yibin Tianyi Lithium Industry, General Lithium, Shenzhen Chengxin Lithium Group
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