Lithium Compounds Market worth 5.87 Billion USD by 2020

1. Lithium Compounds Market by Application, Derivatives & by Region - Global Forecasts to 2020

2. Lithium Compounds Market worth 5.87 Billion USD by 2020 The report "Lithium Compounds Market by Application (Li-ion Batteries, Glass & Ceramics, Medical, Lubricants, Metallurgy, Polymers), by Derivatives (Lithium Carbonate, Lithium Hydroxide, Lithium Metal, Butyl-Lithium) & by Region - Global Forecasts to 2020", The global lithium compounds market is projected to reach USD 5.87 Billion by 2020, at a CAGR of 13.22% between 2015 and 2020. The base year considered for the study is 2014 and forecast period is 2015 to 2020.

3. Lithium Compounds Market worth 5.87 Billion USD by 2020 Browse >> 537 data tables 56 figures 337pagesand in-depth TOC on “Lithium Compounds Market” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $4650 for single user. The global lithium compounds market was valued at USD 2.64 Billion in 2014, and is projected to grow at a CAGR of 13.22% from 2015 to 2020.

4. Lithium Compounds Market worth 5.87 Billion USD by 2020 Li-ion batteries is the largest application segment Li-ion batteries is the largest application for lithium compounds, in terms of value and volume. The demand for li-ion batteries is growing in countries such as China, India, South Korea, Brazil, and Czech Republic for new generation energy electronic devices like cameras, high performance portable computing devices, and electric vehicles. This in turn is driving the growth of lithium batteries. Glass & ceramics is the second-largest segment and is projected to register significant growth in the coming years; driven by huge investments in new infrastructure developments, new housing projects, and renovation of non-residential buildings in the U.S., China, India, and the U.K.

5. Lithium Compounds Market worth 5.87 Billion USD by 2020 The lithium hydroxide segment is the fastest-growing derivative, by volume Lithium hydroxide is growing at the highest CAGR in terms of volume, from 2015-2020. This derivative is mainly used in industrial lubricant, active cathode in batteries, and others. Also, due to better properties than other concentrates, it is mostly preferred for new battery technologies. Asia-Pacific is the largest geographical market segment Asia-Pacific is the largest market for the lithium compounds. The rising demand for new energy storage application in vehicles, grid connected energy storage, and high requirements of consumer gadgets are expected to change the market dynamics.

6. Lithium Compounds Market worth 5.87 Billion USD by 2020 North America is an emerging market for lithium compounds, due to the increasing demand from end-user industries. This region constitutes the second-largest market for lithium compounds consumption in 2014. An in-depth market share analysis, in terms of revenue, of the top companies is also included in the report. These numbers are arrived at based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts, key opinion leaders such as CEOs, directors, and marketing executives.

7. Lithium Compounds Market worth 5.87 Billion USD by 2020 Key Players – Some of the major market players operating in this market are SQM (Chile), Albemarle Corporation (U.S.), FMC (U.S.), Sichuan Tianqui lithium (China), and Jiangxi Ganfeng Lithium Co., Ltd (China) are the key players actively present in the lithium compounds market. Purchase a Copy of this Report Today !

8. Contact Us Mr. RohanUNIT no 802, Tower no. 7, SEZMagarpatta city, HadapsarPune, Maharashtra 411013, India1-888-600-6441 FREEEmail: sales@marketsandmarkets.com 

9. Thank You !