The global Lithium Iodide market was valued at 12.85 Million USD in 2021 and will grow with a CAGR of 7% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Lithium Iodide is generally immediately available in most volumes. High purity, submicron and nanopowder forms may be considered. Hydrate or anhydrous forms may be purchased. Iodide compounds are water soluble; however, iodide-rich solutions act as better dissolution agents for creating iodide solutions. Iodides are often used in internal medicine. Treating an iodide with manganese dioxide and sulfuric acid sublimes the iodine. American Elements produces to many standard grades when applicable, including Mil Spec (military grade); ACS, Reagent and Technical Grade; Food, Agricultural and Pharmaceutical Grade; Optical Grade, USP and EP/BP (European Pharmacopoeia/British Pharmacopoeia) and follows applicable ASTM testing standards. Typical and custom packaging is available. Additional technical, research and safety (MSDS) information is available as is a Reference Calculator for converting relevant units of measurement.The global average price of Lithium Iodide is in the increasing trend, from 124.8 USD/KG in 2012 to 132.4 USD/KG in 2016. With the situation of global economy, prices will be in increasing trend in the following five years. The classification of Lithium Iodide includes Lithium Iodide Trihydrate and Lithium Iodide Anhydrous, the proportion of Lithium Iodide Trihydrate in 2016 is about 84.47%, and the proportion is in decreasing trend from 2012 to 2016. Lithium Iodide is widely used in Chemical, Pharmaceuticals, Electrolyte and other field. The most proportion of Lithium Iodide is in Chemical Industry, and the proportion in 2016 is 42.69%. The trend of Chemical is increasing. China is the largest supplier of Lithium Iodide, with a production market share nearly 36.92% in 2016. Asia (Ex. China) is the second largest supplier of Lithium Iodide, enjoying production market share nearly 25.85% in 2016. China is the largest consumption place, with a consumption market share nearly 32.00% in 2016. Following China, Asia (Ex. China) is the second largest consumption place with the consumption market share of 23.91%. Market competition is intense. Albemarle, American Elements, Leverton Lithium, Shanghai China Lithium, Triveni Chemicals, etc. are the representative vendors in the market. The Lithium Iodide and other lithium salt products share production lines, are in need of production. Thanks to the technological innovation in recent years, the Lithium Iodide applied as electrolyte is easier. There are all small enterprises to produce this product in the worldwide, especially in the acetic acid industry and the pharmaceutical industry demand.

By Market Verdors:

Albemarle

American Elements

Leverton Lithium

Shanghai China Lithium

Triveni Chemicals

HUIZHI Lithium

Samrat Pharmachem

Nanjing Taiye

Hubei Chushengwei

Shanghai Oujin Lithium

Shanghai Litooo

By Types:

Lithium Iodide Trihydrate

Lithium Iodide Anhydrous

By Applications:

Chemical

Pharmaceuticals

Electrolyte

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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