Lithium Iodide Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.

Los Angeles, CA -- (SBWire) -- 04/29/2019 --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. The global Lithium Iodide market was 12 million US$ in 2018 and is expected to 19 million US$ by the end of 2025, growing at a CAGR of 6.9% between 2019 and 2025.

This report studies the Lithium Iodide market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Lithium Iodide in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Albemarle

American Elements

Leverton Lithium

Shanghai China Lithium

Triveni Chemicals

HUIZHI Lithium

Samrat Pharmachem

Nanjing Taiye

Hubei Chushengwei

Shanghai Oujin Lithium

Shanghai Litooo

By the product type, the market is primarily split into

Lithium Iodide Trihydrate

Lithium Iodide Anhydrous

By the end users/application, this report covers the following segments

Chemical

Pharmaceuticals

Electrolyte

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