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.
Lithium bromide has wide application range and in future its applications will increase further. But the demand of lithium bromide will decrease in future. The price of lithium bromide was increasing largely from 2010 to 2015, it is from 4600 USD/MT to 5500 USD/MT, and it will also increase in future. The global gross margin is at about 18-20%.

Market Analysis and Insights: Global Lithium Bromide Market
The global Lithium Bromide market size is projected to reach US$ 77 million by 2026, from US$ 82 million in 2020, at a CAGR of -1.1% during 2021-2026.
Global Lithium Bromide Scope and Segment
The global Lithium Bromide market is segmented by company, region (country), by Type, and by Application. 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 revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

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

Lithium Bromide market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Lithium Bromide business, the date to enter into the Lithium Bromide market, Lithium Bromide product introduction, recent developments, etc.
The major vendors covered:
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

Geographic Segmentation
The report offers exhaustive assessment of different region-wise and country-wise Lithium Bromide markets such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
For the period 2015-2026, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global Lithium Bromide market. For the period 2015-2020, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.