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Lithium Chloride Market By Type, By Application, By End-use Industry: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 281 Pages
  • August 2022
  • Region: Global
  • Allied Market Research
  • ID: 5671176
The lithium chloride market was valued at $1.7 billion in 2021, and is projected to reach $3.2 billion by 2031, growing at a CAGR of 6.8% from 2022 to 2031.

Lithium chloride can be produced for rechargeable batteries for mobile phones, laptops, digital cameras and electric vehicles. Lithium is also used in some non-rechargeable batteries for things such as heart pacemakers, toys and clocks. Major application industries of lithium chloride are batteries, air treatment, and others. The global production capacity of lithium chloride batteries is thus expected to expand the market.

For the purpose of analysis, the global lithium chloride market scope covers segments based on type, application, end-use industry, and region. The report outlines the details about lithium chloride type including lithium chloride hydrate, lithium chloride anhydrous and others. The use of lithium chloride in various end-use industries, including electronics, automotive, and others are analyzed in the report. Moreover, it analyzes the current market trends of lithium chloride across different regions such as North America, Europe, Asia-Pacific, and LAMEA and suggests the future growth opportunities.

The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder. Value chain analysis for this industry, which includes R&D, components manufacturers, assembly, programming & testing, marketing & sales, customers, and post-sales services, is explained. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key players to increase their market share and sustain intense competition in the industry.

In addition, the report covers profiles of key industry participants such as Alfa Aesar, American Elements, Albemarle Corporation, FMC Corporation, Glentham Life Sciences, Harshil Industries, Honeywell International Inc, Levertonhelm Ltd, Nippon Chemical Industries, Suzhou Huizhi Lithium Energy Material Co. Ltd, Sichuuan Brivo Lithium Materials Co. Ltd, Tokyo Chemicals, SQM S.A, Loba Chemie, and Mody Pharma.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the lithium chloride market analysis from 2021 to 2031 to identify the prevailing lithium chloride market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the lithium chloride market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global lithium chloride market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Type

  • Lithium Chloride Hydrate
  • Lithium Chloride Anhydrous
  • Others

By Application

  • Batteries
  • Air Treatment
  • Others

By End-use Industry

  • Electronics
  • Automotive
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • Alfa Aesar
  • AMERICAN ELEMENTS
  • Albemarle Corporation
  • FMC Corporation
  • GLENTHAM LIFE SCIENCES
  • HARSHIL INDUSTRIES
  • Honeywell International Inc.
  • LEVERTON HELM LTD
  • Nippon Chemical Industries Co. Ltd
  • Suzhou Huizhi Lithium Energy Material Co. Ltd
  • Sichuuan Brivo Lithium Materials Co. Ltd
  • TOKYO CHEMICALS
  • SQM S.A
  • LOBA CHEMIE
  • MODY CHEMI PHARMA LTD
Frequently Asked Questions about the Lithium Chloride Market

What is the estimated value of the Lithium Chloride Market?

The Lithium Chloride Market was estimated to be valued at $1.7 billion in 2021.

What is the growth rate of the Lithium Chloride Market?

The growth rate of the Lithium Chloride Market is 6.5%, with an estimated value of $3.2 billion by 2031.

What is the forecasted size of the Lithium Chloride Market?

The Lithium Chloride Market is estimated to be worth $3.2 billion by 2031.

Who are the key companies in the Lithium Chloride Market?

Key companies in the Lithium Chloride Market include Alfa Aesar, American Elements, Albemarle Corporation, Fmc Corporation, Glentham Life Sciences, Harshil Industries, Honeywell International Inc., Leverton Helm Ltd, Nippon Chemical Industries Co. Ltd and Suzhou Huizhi Lithium Energy Material Co. Ltd.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
3.7.Pricing Analysis
3.8.Value Chain Analysis
3.9.Market Share Analysis
3.10.Patent Landscape
CHAPTER 4: LITHIUM CHLORIDE MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Lithium Chloride Hydrate
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Lithium Chloride Anhydrous
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Others
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
CHAPTER 5: LITHIUM CHLORIDE MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Batteries
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Air Treatment
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Others
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
CHAPTER 6: LITHIUM CHLORIDE MARKET, BY END-USE INDUSTRY
6.1 Overview
6.1.1 Market size and forecast
6.2 Electronics
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Automotive
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Others
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
CHAPTER 7: LITHIUM CHLORIDE MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Type
7.2.3 North America Market size and forecast, by Application
7.2.4 North America Market size and forecast, by End-use Industry
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Type
7.2.5.1.2 Market size and forecast, by Application
7.2.5.1.3 Market size and forecast, by End-use Industry
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Type
7.2.5.2.2 Market size and forecast, by Application
7.2.5.2.3 Market size and forecast, by End-use Industry
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Type
7.2.5.3.2 Market size and forecast, by Application
7.2.5.3.3 Market size and forecast, by End-use Industry
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Type
7.3.3 Europe Market size and forecast, by Application
7.3.4 Europe Market size and forecast, by End-use Industry
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Market size and forecast, by Type
7.3.5.1.2 Market size and forecast, by Application
7.3.5.1.3 Market size and forecast, by End-use Industry
7.3.5.2 France
7.3.5.2.1 Market size and forecast, by Type
7.3.5.2.2 Market size and forecast, by Application
7.3.5.2.3 Market size and forecast, by End-use Industry
7.3.5.3 UK
7.3.5.3.1 Market size and forecast, by Type
7.3.5.3.2 Market size and forecast, by Application
7.3.5.3.3 Market size and forecast, by End-use Industry
7.3.5.4 Spain
7.3.5.4.1 Market size and forecast, by Type
7.3.5.4.2 Market size and forecast, by Application
7.3.5.4.3 Market size and forecast, by End-use Industry
7.3.5.5 Italy
7.3.5.5.1 Market size and forecast, by Type
7.3.5.5.2 Market size and forecast, by Application
7.3.5.5.3 Market size and forecast, by End-use Industry
7.3.5.6 Rest of Europe
7.3.5.6.1 Market size and forecast, by Type
7.3.5.6.2 Market size and forecast, by Application
7.3.5.6.3 Market size and forecast, by End-use Industry
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Type
7.4.3 Asia-Pacific Market size and forecast, by Application
7.4.4 Asia-Pacific Market size and forecast, by End-use Industry
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Type
7.4.5.1.2 Market size and forecast, by Application
7.4.5.1.3 Market size and forecast, by End-use Industry
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Type
7.4.5.2.2 Market size and forecast, by Application
7.4.5.2.3 Market size and forecast, by End-use Industry
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Type
7.4.5.3.2 Market size and forecast, by Application
7.4.5.3.3 Market size and forecast, by End-use Industry
7.4.5.4 South Korea
7.4.5.4.1 Market size and forecast, by Type
7.4.5.4.2 Market size and forecast, by Application
7.4.5.4.3 Market size and forecast, by End-use Industry
7.4.5.5 Australia
7.4.5.5.1 Market size and forecast, by Type
7.4.5.5.2 Market size and forecast, by Application
7.4.5.5.3 Market size and forecast, by End-use Industry
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Market size and forecast, by Type
7.4.5.6.2 Market size and forecast, by Application
7.4.5.6.3 Market size and forecast, by End-use Industry
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Type
7.5.3 LAMEA Market size and forecast, by Application
7.5.4 LAMEA Market size and forecast, by End-use Industry
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Market size and forecast, by Type
7.5.5.1.2 Market size and forecast, by Application
7.5.5.1.3 Market size and forecast, by End-use Industry
7.5.5.2 Saudi Arabia
7.5.5.2.1 Market size and forecast, by Type
7.5.5.2.2 Market size and forecast, by Application
7.5.5.2.3 Market size and forecast, by End-use Industry
7.5.5.3 South Africa
7.5.5.3.1 Market size and forecast, by Type
7.5.5.3.2 Market size and forecast, by Application
7.5.5.3.3 Market size and forecast, by End-use Industry
7.5.5.4 Rest of LAMEA
7.5.5.4.1 Market size and forecast, by Type
7.5.5.4.2 Market size and forecast, by Application
7.5.5.4.3 Market size and forecast, by End-use Industry
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 Alfa Aesar
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 AMERICAN ELEMENTS
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Albemarle Corporation
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 FMC Corporation
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 GLENTHAM LIFE SCIENCES
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 HARSHIL INDUSTRIES
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Honeywell International Inc.
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 LEVERTON HELM LTD
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Nippon Chemical Industries Co. Ltd
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Suzhou Huizhi Lithium Energy Material Co. Ltd
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
9.11 Sichuuan Brivo Lithium Materials Co. Ltd
9.11.1 Company overview
9.11.2 Company snapshot
9.11.3 Operating business segments
9.11.4 Product portfolio
9.11.5 Business performance
9.11.6 Key strategic moves and developments
9.12 TOKYO CHEMICALS
9.12.1 Company overview
9.12.2 Company snapshot
9.12.3 Operating business segments
9.12.4 Product portfolio
9.12.5 Business performance
9.12.6 Key strategic moves and developments
9.13 SQM S.A
9.13.1 Company overview
9.13.2 Company snapshot
9.13.3 Operating business segments
9.13.4 Product portfolio
9.13.5 Business performance
9.13.6 Key strategic moves and developments
9.14 LOBA CHEMIE
9.14.1 Company overview
9.14.2 Company snapshot
9.14.3 Operating business segments
9.14.4 Product portfolio
9.14.5 Business performance
9.14.6 Key strategic moves and developments
9.15 MODY CHEMI PHARMA LTD
9.15.1 Company overview
9.15.2 Company snapshot
9.15.3 Operating business segments
9.15.4 Product portfolio
9.15.5 Business performance
9.15.6 Key strategic moves and developments
List of Tables
Table 1. Global Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 2. Well Testing Services Market, for Downhole Well Testing, by Region, 2021-2031 ($Million)
Table 3. Well Testing Services Market for Downhole Well Testing, by Country, 2021-2031 ($Million)
Table 4. Well Testing Services Market, for Surface Well Testing, by Region, 2021-2031 ($Million)
Table 5. Well Testing Services Market for Surface Well Testing, by Country, 2021-2031 ($Million)
Table 6. Well Testing Services Market, for Reservoir Sampling, by Region, 2021-2031 ($Million)
Table 7. Well Testing Services Market for Reservoir Sampling, by Country, 2021-2031 ($Million)
Table 8. Well Testing Services Market, for Real Time Well Testing, by Region, 2021-2031 ($Million)
Table 9. Well Testing Services Market for Real Time Well Testing, by Country, 2021-2031 ($Million)
Table 10. Well Testing Services Market, for Hydraulic Fracturing Method Testing, by Region, 2021-2031 ($Million)
Table 11. Well Testing Services Market for Hydraulic Fracturing Method Testing, by Country, 2021-2031 ($Million)
Table 12. Global Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 13. Well Testing Services Market, for Horizontal Wells, by Region, 2021-2031 ($Million)
Table 14. Well Testing Services Market for Horizontal Wells, by Country, 2021-2031 ($Million)
Table 15. Well Testing Services Market, for Vertical Wells, by Region, 2021-2031 ($Million)
Table 16. Well Testing Services Market for Vertical Wells, by Country, 2021-2031 ($Million)
Table 17. Global Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 18. Well Testing Services Market, for Onshore, by Region, 2021-2031 ($Million)
Table 19. Well Testing Services Market for Onshore, by Country, 2021-2031 ($Million)
Table 20. Well Testing Services Market, for Offshore, by Region, 2021-2031 ($Million)
Table 21. Well Testing Services Market for Offshore, by Country, 2021-2031 ($Million)
Table 22. Well Testing Services Market, by Region, 2021-2031 ($Million)
Table 23. North America Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 24. North America Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 25. North America Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 26. North America Well Testing Services Market, by Country, 2021-2031 ($Million)
Table 27. U.S. Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 28. U.S. Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 29. U.S. Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 30. Canada Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 31. Canada Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 32. Canada Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 33. Mexico Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 34. Mexico Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 35. Mexico Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 36. Europe Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 37. Europe Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 38. Europe Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 39. Europe Well Testing Services Market, by Country, 2021-2031 ($Million)
Table 40. Germany Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 41. Germany Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 42. Germany Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 43. UK Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 44. UK Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 45. UK Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 46. France Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 47. France Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 48. France Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 49. Italy Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 50. Italy Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 51. Italy Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 52. Spain Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 53. Spain Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 54. Spain Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 55. Rest of Europe Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 56. Rest of Europe Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 57. Rest of Europe Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 58. Asia-Pacific Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 59. Asia-Pacific Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 60. Asia-Pacific Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 61. Asia-Pacific Well Testing Services Market, by Country, 2021-2031 ($Million)
Table 62. China Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 63. China Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 64. China Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 65. Japan Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 66. Japan Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 67. Japan Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 68. India Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 69. India Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 70. India Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 71. South Korea Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 72. South Korea Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 73. South Korea Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 74. Australia Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 75. Australia Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 76. Australia Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 77. Rest of Asia-Pacific Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 78. Rest of Asia-Pacific Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 79. Rest of Asia-Pacific Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 80. LAMEA Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 81. LAMEA Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 82. LAMEA Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 83. LAMEA Well Testing Services Market, by Country, 2021-2031 ($Million)
Table 84. Brazil Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 85. Brazil Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 86. Brazil Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 87. Saudi Arabia Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 88. Saudi Arabia Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 89. Saudi Arabia Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 90. South Africa Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 91. South Africa Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 92. South Africa Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 93. Rest of LAMEA Well Testing Services Market, by Service Type, 2021-2031 ($Million)
Table 94. Rest of LAMEA Well Testing Services Market, by Well Type, 2021-2031 ($Million)
Table 95. Rest of LAMEA Well Testing Services Market, by Application, 2021-2031 ($Million)
Table 96. Schlumberger Limited: Company Snapshot
Table 97. Schlumberger Limited: Operating Segments
Table 98. Schlumberger Limited: Product Portfolio
Table 99. Schlumberger Limited: Net Sales
Table 100. Schlumberger Limited: Key Stratergies
Table 101. Halliburton: Company Snapshot
Table 102. Halliburton: Operating Segments
Table 103. Halliburton: Product Portfolio
Table 104. Halliburton: Net Sales
Table 105. Halliburton: Key Stratergies
Table 106. Expro Group: Company Snapshot
Table 107. Expro Group: Operating Segments
Table 108. Expro Group: Product Portfolio
Table 109. Expro Group: Net Sales
Table 110. Expro Group: Key Stratergies
Table 111. Weatherford: Company Snapshot
Table 112. Weatherford: Operating Segments
Table 113. Weatherford: Product Portfolio
Table 114. Weatherford: Net Sales
Table 115. Weatherford: Key Stratergies
Table 116. Minerals Technologies Inc.: Company Snapshot
Table 117. Minerals Technologies Inc.: Operating Segments
Table 118. Minerals Technologies Inc.: Product Portfolio
Table 119. Minerals Technologies Inc.: Net Sales
Table 120. Minerals Technologies Inc.: Key Stratergies
Table 121. Technipfmc plc: Company Snapshot
Table 122. Technipfmc plc: Operating Segments
Table 123. Technipfmc plc: Product Portfolio
Table 124. Technipfmc plc: Net Sales
Table 125. Technipfmc plc: Key Stratergies
Table 126. Baker Hughes: Company Snapshot
Table 127. Baker Hughes: Operating Segments
Table 128. Baker Hughes: Product Portfolio
Table 129. Baker Hughes: Net Sales
Table 130. Baker Hughes: Key Stratergies
Table 131. Sgs Sa: Company Snapshot
Table 132. Sgs Sa: Operating Segments
Table 133. Sgs Sa: Product Portfolio
Table 134. Sgs Sa: Net Sales
Table 135. Sgs Sa: Key Stratergies
Table 136. Oil States International, Inc.: Company Snapshot
Table 137. Oil States International, Inc.: Operating Segments
Table 138. Oil States International, Inc.: Product Portfolio
Table 139. Oil States International, Inc.: Net Sales
Table 140. Oil States International, Inc.: Key Stratergies
Table 141. Tetra Technologies, Inc.: Company Snapshot
Table 142. Tetra Technologies, Inc.: Operating Segments
Table 143. Tetra Technologies, Inc.: Product Portfolio
Table 144. Tetra Technologies, Inc.: Net Sales
Table 145. Tetra Technologies, Inc.: Key Stratergies
Table 146. Mb Petroleum Services: Company Snapshot
Table 147. Mb Petroleum Services: Operating Segments
Table 148. Mb Petroleum Services: Product Portfolio
Table 149. Mb Petroleum Services: Net Sales
Table 150. Mb Petroleum Services: Key Stratergies
Table 151. Helix Energy: Company Snapshot
Table 152. Helix Energy: Operating Segments
Table 153. Helix Energy: Product Portfolio
Table 154. Helix Energy: Net Sales
Table 155. Helix Energy: Key Stratergies
Table 156. National Energy Services Reunited: Company Snapshot
Table 157. National Energy Services Reunited: Operating Segments
Table 158. National Energy Services Reunited: Product Portfolio
Table 159. National Energy Services Reunited: Net Sales
Table 160. National Energy Services Reunited: Key Stratergies
List of Figures
Figure 1. Lithium Chloride Market Segmentation
Figure 2. Lithium Chloride Market,2021-2031
Figure 3. Lithium Chloride Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Lithium Chloride Market:Drivers, Restraints and Opportunities
Figure 12. Pricing Analysis
Figure 13. Value Chain Analysis
Figure 14. Market Share Analysis
Figure 15. Patent Analysis by Company
Figure 16. Patent Analysis by Country
Figure 17. Lithium Chloride Market,By Type,2021(%)
Figure 18. Comparative Share Analysis of Lithium Chloride Hydrate Lithium Chloride Market,2021-2031(%)
Figure 19. Comparative Share Analysis of Lithium Chloride Anhydrous Lithium Chloride Market,2021-2031(%)
Figure 20. Comparative Share Analysis of Others Lithium Chloride Market,2021-2031(%)
Figure 21. Lithium Chloride Market,By Application,2021(%)
Figure 22. Comparative Share Analysis of Batteries Lithium Chloride Market,2021-2031(%)
Figure 23. Comparative Share Analysis of Air Treatment Lithium Chloride Market,2021-2031(%)
Figure 24. Comparative Share Analysis of Others Lithium Chloride Market,2021-2031(%)
Figure 25. Lithium Chloride Market,By End-use Industry,2021(%)
Figure 26. Comparative Share Analysis of Electronics Lithium Chloride Market,2021-2031(%)
Figure 27. Comparative Share Analysis of Automotive Lithium Chloride Market,2021-2031(%)
Figure 28. Comparative Share Analysis of Others Lithium Chloride Market,2021-2031(%)
Figure 29. Lithium Chloride Market by Region,2021
Figure 30. U.S. Lithium Chloride Market,2021-2031($Million)
Figure 31. Canada Lithium Chloride Market,2021-2031($Million)
Figure 32. Mexico Lithium Chloride Market,2021-2031($Million)
Figure 33. Germany Lithium Chloride Market,2021-2031($Million)
Figure 34. France Lithium Chloride Market,2021-2031($Million)
Figure 35. Uk Lithium Chloride Market,2021-2031($Million)
Figure 36. Spain Lithium Chloride Market,2021-2031($Million)
Figure 37. Italy Lithium Chloride Market,2021-2031($Million)
Figure 38. Rest of Europe Lithium Chloride Market,2021-2031($Million)
Figure 39. China Lithium Chloride Market,2021-2031($Million)
Figure 40. Japan Lithium Chloride Market,2021-2031($Million)
Figure 41. India Lithium Chloride Market,2021-2031($Million)
Figure 42. South Korea Lithium Chloride Market,2021-2031($Million)
Figure 43. Australia Lithium Chloride Market,2021-2031($Million)
Figure 44. Rest of Asia-Pacific Lithium Chloride Market,2021-2031($Million)
Figure 45. Brazil Lithium Chloride Market,2021-2031($Million)
Figure 46. Saudi Arabia Lithium Chloride Market,2021-2031($Million)
Figure 47. South Africa Lithium Chloride Market,2021-2031($Million)
Figure 48. Rest of LAMEA Lithium Chloride Market,2021-2031($Million)
Figure 49. Top Winning Strategies, by Year
Figure 50. Top Winning Strategies, by Development
Figure 51. Top Winning Strategies, by Company
Figure 52. Product Mapping of Top 10 Players
Figure 53. Competitive Dashboard
Figure 54. Competitive Heatmap of Top 10 Key Players
Figure 55. Alfa Aesar.: Net Sales ,($Million)
Figure 56. American Elements.: Net Sales ,($Million)
Figure 57. Albemarle Corporation.: Net Sales ,($Million)
Figure 58. Fmc Corporation.: Net Sales ,($Million)
Figure 59. Glentham Life Sciences.: Net Sales ,($Million)
Figure 60. Harshil Industries.: Net Sales ,($Million)
Figure 61. Honeywell International Inc..: Net Sales ,($Million)
Figure 62. Leverton Helm Ltd.: Net Sales ,($Million)
Figure 63. Nippon Chemical Industries Co. Ltd.: Net Sales ,($Million)
Figure 64. Suzhou Huizhi Lithium Energy Material Co. Ltd.: Net Sales ,($Million)
Figure 65. Sichuuan Brivo Lithium Materials Co. Ltd.: Net Sales ,($Million)
Figure 66. Tokyo Chemicals.: Net Sales ,($Million)
Figure 67. Sqm SA: Net Sales ,($Million)
Figure 68. Loba Chemie.: Net Sales ,($Million)
Figure 69. Mody Chemi Pharma Ltd.: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Lithium Chloride Market," the lithium chloride market size was valued at $1.7 billion in 2021, and is estimated to reach $3.2 billion by 2031, growing at a CAGR of 6.8% from 2022 to 2031.

Lithium chloride is used in the production of metallic lithium, welding fluxes, and as an aqueous solution for humidity management in air conditioning. Lithium chloride is used in batteries, air treatment and others applications. It is also used for the production of lithium metal by electrolysis and it also used as a brazing flux for aluminum in automobile parts. It is extremely hygroscopic and is commonly used in dehumidification systems in sectors like as food processing and horticulture to remove moisture from the air. Further, lithium chloride is becoming increasingly important in the creation of industrial products, particularly batteries for electronic gadgets and electric cars. The medical use of lithium chloride has gained traction worldwide. Lithium chloride is one of the most well-known mood stabilizers with antisuicidal effects and is nowadays being used as an agent for acute mania and as maintenance treatment in bipolar disorder. Further, process improvements have made lithium chloride an affordable solution for various industries.

The growth of the global lithium chloride industry is majorly attributable to its wide applications in various industries such as batteries, air treatment and others. Also, surge in use of lithium chloride in electronics industry is driving the lithium chloride market growth during the forecast period. Lithium chloride is used as electrolyte in batteries or further processed to produce lithium metal for lead and magnesium alloys, lithium hydride for high-purity silane, and lithium nitride used as catalyst. Lithium batteries can be used in many combinations of active materials for the anode, cathode, and electrolyte. Among all other industries, the use of lithium in secondary batteries has seen the most market growth. Lithium chloride is also in demand in smartphones, tablets, smart watch, camera, and pacemakers, due to its ability to store up to 150 watt-hours of electricity into 1 kilogram of battery.

However, health hazards associated with lithium chloride is projected to hinder the expansion of the market. On the contrary, increasing popularity of electric vehicles in the chemical industry is expected to offer ample growth opportunities for the lithium chloride industry. In automotive applications, lithium chloride cells are typically connected together in various configurations and packaged with associated control and safety circuitry to type a battery module. In automotive applications, lithium chloride is used in golf carts, buses, forklifts, wheelchairs, motorcycles, and others. It is used in energy storage applications such as portable solar energy storage and fixed energy storage. Moreover, rising popularity of electric vehicles among consumers is projected to boost the market for lithium chloride. For instance, according to IBEF, electric vehicle (EV) sales reached a new high of 5,592 units. Overall, in 2021, 329,190 EVs were sold in India, indicating a 168% YoY growth over last year’s sales of 122,607 units.

The global lithium chloride market is segmented into type, application, end-use industry, and region. On the basis of type, the market is categorized into lithium chloride hydrate, lithium chloride anhydrous and others. On the basis of application, the market is categorized into batteries, air treatment, others. On the basis of end-use industry, the market is categorized into electronics, automotive, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. The lithium chloride market share is analyzed across all significant regions and countries. Asia-Pacific is projected to register a robust growth during the forecast period. This is attributed to the fact that lithium chloride is used as a brazing flux for aluminum in automobile parts. Lithium chloride in Asia-Pacific is used in battery applications of automobiles, truck, bus, train, or other transportation vehicles. Lithium-ion (Li-ion) batteries are the key component of most of the automotive vehicles in the region.

The major players operating in the global Lithium chloride market include Alfa Aesar, American elements, Albemarle corporation, FMC corporation, Glentham life sciences, Harshil Industries, Honeywell international Inc., LevertonHelm Ltd, Nippon chemical industries, Suzhou huizhi lithium energy material co. Ltd, Sichuuan brivo lithium materials co. Ltd, Tokyo chemicals, SQM S.A, Loba chemie and Mody pharma.

COVID-19 Analysis

The COVID-19 pandemic had moderate effects on the lithium chloride market. Lithium chloride has been reported as a potential antiviral drug for certain viruses. It can efficiently impair the replication of a variety of viruses, including infectious bronchitis coronavirus (IBV) and transmissible gastroenteritis coronavirus (TGEV). During the COVID-19 pandemic, most people are isolated and in order to reduce depression and mania, the drug demand for lithium chloride has increased. Furthermore, the COVID-19 epidemic has naturally increased the long-standing trend toward manufacturing automation. Motion sensors, contactless sensors and contactless elevators are highly marketed in pandemic for keeping house safe and secure. Therefore, the above mentioned factors are predicted to surge the demand for lithium chloride globally during the COVID-19 pandemic.

Key Findings of the Study

A comprehensive lithium chloride market analysis of the factors that drive and restrain the market growth is provided.

The qualitative data in this report aims at the lithium chloride market trends, dynamics, and developments in the industry.

Depending on type, the lithium chloride hydrate segment is expected to grow at a CAGR of 7.7% during the forecast period.

Based on application, the batteries segment was the highest revenue contributor to the market in 2021.

On the basis of end-use industry, the electronics segment was the highest revenue contributor to the market in 2021 and is estimated to grow at a CAGR of 6.1%.

Region wise, Asia-Pacific and North America are expected to witness considerable CAGRs of 8.1% and 6.4%, respectively, during the forecast period.

China was the highest revenue contributor growing with a CAGR of 8.7%.

South Korea, and Japan are expected to witness considerable CAGRs of 6.8%, and 6.6% respectively, during the forecast period.

Companies Mentioned

  • Alfa Aesar
  • American Elements
  • Albemarle Corporation
  • Fmc Corporation
  • Glentham Life Sciences
  • Harshil Industries
  • Honeywell International Inc.
  • Leverton Helm Ltd
  • Nippon Chemical Industries Co. Ltd
  • Suzhou Huizhi Lithium Energy Material Co. Ltd
  • Sichuuan Brivo Lithium Materials Co. Ltd
  • Tokyo Chemicals
  • Sqm S.A
  • Loba Chemie
  • Mody Chemi Pharma Ltd

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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