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Lithium Chloride for Lithium Battery Market Size, Trends, Growth Analysis, and Forecast | Valuates Reports

01-23-2025 04:02 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Lithium Chloride for Lithium Battery Market Size

The global Lithium Chloride for Lithium Battery market was valued at US$ 119 million in 2023 and is anticipated to reach US$ 228 million by 2030, witnessing a CAGR of 9.8% during the forecast period 2024-2030.

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Lithium chloride can be used as an additive in the electrolyte solution of lithium-ion batteries. It helps enhance the conductivity and stability of the electrolyte, improving the overall performance of the battery.

North American market for Lithium Chloride for Lithium Battery is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for Lithium Chloride for Lithium Battery is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The major global manufacturers of Lithium Chloride for Lithium Battery include Albemarle, Livent, Leverton-Clarke, Nippon Chemical Industrial, Jiangxi Ganfeng Lithium, Tianqi Lithium, Jiangsu Changjili New Energy Technology, Qinghai Chaidamu Xinghua Lithium Salt, Qinghai Zhongke Jiexin, Shenzhen Chengxin Lithium Group, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

By Type
• Anhydrous Lithium Chloride
• Lithium Chloride Hydrate

By Application
• Lithium-Ion Battery for EVs
• Lithium-Ion Battery for 3C Products
• Lithium-Ion Battery for Energy Storage Systems

Key Companies
Albemarle, Livent, Leverton-Clarke, Nippon Chemical Industrial, Jiangxi Ganfeng Lithium, Tianqi Lithium, Jiangsu Changjili New Energy Technology, Qinghai Chaidamu Xinghua Lithium Salt, Qinghai Zhongke Jiexin, Shenzhen Chengxin Lithium Group

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