Global Lithium Bromide Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2021-2027

Lithium bromide is a chemical compound of lithium and bromine. Formula: LiBr. White cubic crystal or granular powder, easily soluble in water, soluble in alcohol and ether, slightly soluble in pyridine, it can soluble in methanol, acetone, ethylene glycol and other organic solvents. It is generally used in certain air conditioning systems.
Global Lithium Bromide key players include Rockwood Lithium, Nanjing Taiye Chemical, Jiangsu World Chemical Industry, etc. Global top three manufacturers hold a share about 40%.
China is the largest market, with a share about 60%, followed by Europe and Chile, both have a share about 40 percent.
In terms of product, Lithium Bromide Solution is the largest segment, with a share about 70%. And in terms of application, the largest application is Air conditioning, followed by Medicine industry.

Market Analysis and Insights: Global Lithium Bromide Market
In 2020, the global Lithium Bromide market size was US$ 84 million and it is expected to reach US$ 77 million by the end of 2027, with a CAGR of -1.1% during 2021-2027.
Global Lithium Bromide Scope and Market Size
Lithium Bromide market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Lithium Bromide market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the Lithium Bromide market is segmented into
Lithium Bromide Solution
Lithium Bromide Anhydrous
Others

Segment by Application, the Lithium Bromide market is segmented into
Air Conditioning
Industrial Drying
Medicine Industry
Brazing and Welding
Others

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and Lithium Bromide Market Share Analysis
Lithium Bromide market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Lithium Bromide product introduction, recent developments, Lithium Bromide sales by region, type, application and by sales channel.

The major companies include:
Rockwood Lithium
FMC Corporation
Leverton-Clarke
ICL-IP
Shreenivas Chemicals
Dhara Fine Chem
Westman Chemicals
Nanjing Taiye Chemical
Honjo Chemical
Haoxin Liyan
Jiangsu World Chemical Industry
Jiangxi Dongpeng New Materials
Dongying Bromate Chemicals
Shanghai China Lithium Industrial
Shandong Tianxin Chemical
Huizhi Lithium Energy