Lithium hydroxide is an inorganic compound with the formula LiOH. It can exist as anhydrous or hydrated, and both forms are white hygroscopic solids. They are soluble in water and slightly soluble in ethanol. Both are available commercially. While classified as a strong base, lithium hydroxide is the weakest known alkali metal hydroxide.
Lithium hydroxide is mainly consumed in the production of cathode materials for lithium ion batteries such as lithium cobalt oxide (LiCoO2) and lithium iron phosphate. It is preferred over lithium carbonate as a precursor for lithium nickel manganese cobalt oxides.
The global Lithium Battery Grade Lithium Hydroxide market was valued at US$ 6997 million in 2023 and is anticipated to reach US$ 69940 million by 2030, witnessing a CAGR of 36.2% during the forecast period 2024-2030.
North American market for Lithium Battery Grade Lithium Hydroxide 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 Battery Grade Lithium Hydroxide 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 Battery Grade Lithium Hydroxide include Ganfeng Lithium, Albemarle, Arcadium Lithium, Canmax Technologies, Yahua Group, Tianqi Lithium, Shenzhen Chengxin Lithium Group, SQM, Sinomine Resource, Jiangsu Ronghui General Lithium, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Lithium Battery Grade Lithium Hydroxide, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lithium Battery Grade Lithium Hydroxide.
The Lithium Battery Grade Lithium Hydroxide market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Lithium Battery Grade Lithium Hydroxide market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Lithium Battery Grade Lithium Hydroxide manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Ganfeng Lithium
Albemarle
Arcadium Lithium
Canmax Technologies
Yahua Group
Tianqi Lithium
Shenzhen Chengxin Lithium Group
SQM
Sinomine Resource
Jiangsu Ronghui General Lithium
Youngy
by Type
Coarse Particle
Micro Powder
by Application
Lithium-Ion Battery for EVs
Lithium-Ion Battery for 3C Products
Lithium-Ion Battery for Energy Storage Systems
Production by Region
China
South America
Australia
United States
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Lithium Battery Grade Lithium Hydroxide manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lithium Battery Grade Lithium Hydroxide by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Lithium Battery Grade Lithium Hydroxide in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Lithium hydroxide is mainly consumed in the production of cathode materials for lithium ion batteries such as lithium cobalt oxide (LiCoO2) and lithium iron phosphate. It is preferred over lithium carbonate as a precursor for lithium nickel manganese cobalt oxides.
The global Lithium Battery Grade Lithium Hydroxide market was valued at US$ 6997 million in 2023 and is anticipated to reach US$ 69940 million by 2030, witnessing a CAGR of 36.2% during the forecast period 2024-2030.
North American market for Lithium Battery Grade Lithium Hydroxide 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 Battery Grade Lithium Hydroxide 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 Battery Grade Lithium Hydroxide include Ganfeng Lithium, Albemarle, Arcadium Lithium, Canmax Technologies, Yahua Group, Tianqi Lithium, Shenzhen Chengxin Lithium Group, SQM, Sinomine Resource, Jiangsu Ronghui General Lithium, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Lithium Battery Grade Lithium Hydroxide, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lithium Battery Grade Lithium Hydroxide.
The Lithium Battery Grade Lithium Hydroxide market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Lithium Battery Grade Lithium Hydroxide market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Lithium Battery Grade Lithium Hydroxide manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Ganfeng Lithium
Albemarle
Arcadium Lithium
Canmax Technologies
Yahua Group
Tianqi Lithium
Shenzhen Chengxin Lithium Group
SQM
Sinomine Resource
Jiangsu Ronghui General Lithium
Youngy
by Type
Coarse Particle
Micro Powder
by Application
Lithium-Ion Battery for EVs
Lithium-Ion Battery for 3C Products
Lithium-Ion Battery for Energy Storage Systems
Production by Region
China
South America
Australia
United States
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Lithium Battery Grade Lithium Hydroxide manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lithium Battery Grade Lithium Hydroxide by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Lithium Battery Grade Lithium Hydroxide in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.