DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Lithium Compounds Market – Global Forecasts to 2020” report to their offering.
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 lithium compounds market is driven by various end user industries such as li-ion batteries, glass & ceramics and others. Also, factors such as increase in use of portable devices using li-ion batteries, switch from fuel-burning cars to electric vehicles & increasing focus of consumer & government agencies towards environmental concerns are driving the growth of the market.
The use of lithium compounds is increasing across applications such as li-ion batteries, glass & ceramics, medical, and others. With the growing demand for lithium compounds in end user industries, its consumption is also expected to rise between 2015 and 2020.
Asia-Pacific the largest geographical segment
Asia-Pacific is the global leader in the consumption of lithium compounds, and is expected to dominate in the coming years. China, Japan, and South Korea are the key countries in this region. The Asia-Pacific market is expected to grow at the highest CAGR from 2015 to 2020.
Companies Profiled:
- Albemarle Corporation
- China Lithium Products Technology Co., Ltd.
- Fmc Corporation
- Jiangxi Ganfeng Lithium Co.Ltd.
- Shanghai China Lithium Industrial Co.Ltd.
- Sichuan Ni&Co Guorun New Materials Co.Ltd.
- Sichuan Tianqui Lithium Chemicals Inc
- Sociedad Quimica Y Minera De Chile (Sqm)
Report Structure:
1. Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Lithium Compounds Market, By Derivatives
8 Lithium Compounds Market, By End – User
9 Regional Analysis
10 Competitive Landscape
11 Company Profiles
For more information visit http://www.researchandmarkets.com/research/gnjjmr/lithium_compounds
