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Global Lithium Bromide Market is Projected to Reach 115 million USD by 2024

Author: QYResearch | Publish date: 2018-07-11 | Views: 45
The Lithium Bromide industry was 98 million USD in 2017 and is projected to reach 115 million USD by 2024, at a CAGR (Compounded Annual Growth Rate) of 3.89% between 2017 and 2024.

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The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.


The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.


The Global Lithium Bromide Market Research Report 2018 report released by QYResearch provides a basic overview of the Lithium Bromide industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.


The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Lithium Bromide industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.



Market Segment Applications, can be divided into

·        Air conditioning

·        Industrial drying

·        Medicine industry

·        Brazing and welding


Market Segment by Type, covers

·        Lithium Bromide Solution

·        Lithium Bromide Anhydrous


Lithium Bromide Competitive landscape and key vendors

·        Rockwood Lithium

·        FMC Corporation

·        Leverton-Clarke

·        ICL-IP

·        Shreenivas Chemicals

·        Dhara Fine Chem

·        Westman Chemicals

·        Nanjing Taiye Chemical

·        Honjo Chemical

·        Haoxin Liyan


Click to view the full report TOC, figure and tables

https://www.qyresearch.com/index/detail/91013/global-lithium-bromide-market


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