Industry: Chemical & Material
Published Date: 2025-07-02
Pages: 135 Pages
Report ld: 4778403
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Lithium Bromide Market Size(US$)

CAGR 2025-2031
-2.01%
Market Size,2031
USD 131
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Lithium Bromide market is projected to grow from US$ 148 million in 2025 to US$ 131 million by 2031, at a Compound Annual Growth Rate (CAGR) of -1.9% during the forecast period.
The evolving U.S. tariff policy posed substantial volatility risks to global markets. This report provides a comprehensive assessment of trade barrier escalations and cross-border counterstrategies, analyzing their multidimensional impacts on industrial competition patterns, geo-economic integration, and transnational value chain realignments.
Lithium bromide is a chemical compound of lithium and bromine. Formula: LiBr. White cubic crystal or granular powder, easily soluble in water, soluble in alcohol and ether, slightly soluble in pyridine, it can soluble in methanol, acetone, ethylene glycol and other organic solvents. It is generally used in certain air conditioning systems.
The global lithium bromide market has been seeing increased interest due to its vital role in industrial refrigeration and air-conditioning systems. Lithium bromide acts as an effective absorbent in absorption chillers, offering efficient heat management solutions with minimal environmental impact. As commercial and industrial facilities seek sustainable cooling systems with lower greenhouse gas emissions, lithium bromide-based absorption chillers—known for their reliability and energy efficiency—are emerging as a favored technology, particularly in regions with high cooling demands and strong regulatory emphasis on eco-friendly HVAC systems.
Beyond its use in chilling applications, lithium bromide is gaining traction in pharmaceuticals, chemical processing, and oil & gas sectors, where its properties—such as hygroscopicity, corrosion inhibition, and salt brine formation—prove valuable. Collaborations between manufacturers and end-users to tailor solution concentrations and enhance system compatibilities are advancing product development. As industries continue to modernize their equipment and integrate greener technologies, the lithium bromide market is adapting through innovation in formulation, purification processes, and recycling initiatives to align with evolving performance standards and sustainability goals.
In terms of production side, this report researches the Lithium Bromide production, growth rate, market share by manufacturers and by region (region level and country level), from 2020 to 2025, and forecast to 2031.
In terms of consumption side, this report focuses on the sales of Lithium Bromide by region (region level and country level), by company, by Chemical Compound and by Application. from 2020 to 2025 and forecast to 2031.
This report presents an overview of global market for Lithium Bromide, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2020 - 2025, estimates for 2025, and projections of CAGR through 2031.
This report researches the key producers of Lithium Bromide, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Lithium Bromide, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Lithium Bromide sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Lithium Bromide market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Chemical Compound and by Application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for Lithium Bromide sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Albemarle, Leverton Clarke, Neogen Chemical, Nanjing Taiye Chemical, Honjo Chemical, Jiangsu World Chemical Industry, Dongying Bromate Chemicals, Shanghai China Lithium Industrial, Hanchang, Shandong Tianxin Chemical, etc.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Chemical Compound and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Lithium Bromide production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of Lithium Bromide in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 4: Detailed analysis of Lithium Bromide manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by Chemical Compound, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Chemical Compound, by Application and by country, sales, and revenue for each segment.
Chapter 8: Europe by Chemical Compound, by Application and by country, sales, and revenue for each segment.
Chapter 9: China by Chemical Compound, and by Application, sales, and revenue for each segment.
Chapter 10: Asia (excluding China) by Chemical Compound, by Application and by region, sales, and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by Chemical Compound, by Application and by country, sales, and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Lithium Bromide sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 15: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Study Coverage
1.1 Lithium Bromide Product Introduction
1.2 Market by Chemical Compound
1.2.1 Global Lithium Bromide Market Size by Chemical Compound, 2020 VS 2024 VS 2031
1.2.2 Lithium Bromide Solution
1.2.3 Lithium Bromide Anhydrous
1.3 Market by Application
1.3.1 Global Lithium Bromide Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Air Conditioning
1.3.3 Industrial Drying
1.3.4 Medicine Industry
1.3.5 Brazing and Welding
1.3.6 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Lithium Bromide Production
2.1 Global Lithium Bromide Production Capacity (2020-2031)
2.2 Global Lithium Bromide Production by Region: 2020 VS 2024 VS 2031
2.3 Global Production by Region
2.3.1 Global Lithium Bromide Production by Region (2020-2031)
2.3.2 Global Lithium Bromide Production Market Share by Region (2020-2031)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
2.8 India
2.9 South Korea
3 Executive Summary
3.1 Global Lithium Bromide Revenue Estimates and Forecasts 2020-2031
3.2 Global Revenue by Region
3.2.1 Global Lithium Bromide Revenue by Region: 2020 VS 2024 VS 2031
3.2.2 Global Lithium Bromide Revenue by Region (2020-2031)
3.2.3 Global Lithium Bromide Revenue Market Share by Region (2020-2031)
3.3 Global Lithium Bromide Sales Estimates and Forecasts 2020-2031
3.4 Global Sales by Region
3.4.1 Global Lithium Bromide Sales by Region: 2020 VS 2024 VS 2031
3.4.2 Global Lithium Bromide Sales by Region (2020-2031)
3.4.3 Global Lithium Bromide Sales Market Share by Region (2020-2031)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufacturers
4.1 Global Sales by Manufacturers
4.1.1 Global Lithium Bromide Sales by Manufacturers (2020-2025)
4.1.2 Global Lithium Bromide Sales Market Share by Manufacturers (2020-2025)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of Lithium Bromide in 2024
4.2 Global Revenue by Manufacturers
4.2.1 Global Lithium Bromide Revenue by Manufacturers (2020-2025)
4.2.2 Global Lithium Bromide Revenue Market Share by Manufacturers (2020-2025)
4.2.3 Global Top 10 and Top 5 Companies by Lithium Bromide Revenue in 2024
4.3 Global Lithium Bromide Sales Price by Manufacturers (2020-2025)
4.4 Global Key Players of Lithium Bromide, Industry Ranking, 2023 VS 2024
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Lithium Bromide Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of Lithium Bromide, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of Lithium Bromide, Product Offered and Application
4.8 Global Key Manufacturers of Lithium Bromide, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Chemical Compound
5.1 Global Sales by Chemical Compound
5.1.1 Global Lithium Bromide Historical Sales by Chemical Compound (2020-2025)
5.1.2 Global Lithium Bromide Forecasted Sales by Chemical Compound (2026-2031)
5.1.3 Global Lithium Bromide Sales Market Share by Chemical Compound (2020-2031)
5.2 Global Revenue by Chemical Compound
5.2.1 Global Lithium Bromide Historical Revenue by Chemical Compound (2020-2025)
5.2.2 Global Lithium Bromide Forecasted Revenue by Chemical Compound (2026-2031)
5.2.3 Global Lithium Bromide Revenue Market Share by Chemical Compound (2020-2031)
5.3 Global Price by Chemical Compound
5.3.1 Global Lithium Bromide Price by Chemical Compound (2020-2025)
5.3.2 Global Lithium Bromide Price Forecast by Chemical Compound (2026-2031)
6 Market Size by Application
6.1 Global Sales by Application
6.1.1 Global Lithium Bromide Historical Sales by Application (2020-2025)
6.1.2 Global Lithium Bromide Forecasted Sales by Application (2026-2031)
6.1.3 Global Lithium Bromide Sales Market Share by Application (2020-2031)
6.2 Global Revenue by Application
6.2.1 Global Lithium Bromide Historical Revenue by Application (2020-2025)
6.2.2 Global Lithium Bromide Forecasted Revenue by Application (2026-2031)
6.2.3 Global Lithium Bromide Revenue Market Share by Application (2020-2031)
6.3 Global Price by Application
6.3.1 Global Lithium Bromide Price by Application (2020-2025)
6.3.2 Global Lithium Bromide Price Forecast by Application (2026-2031)
7 US & Canada
7.1 US & Canada Market Size by Chemical Compound
7.1.1 US & Canada Lithium Bromide Sales by Chemical Compound (2020-2031)
7.1.2 US & Canada Lithium Bromide Revenue by Chemical Compound (2020-2031)
7.2 US & Canada Market Size by Application
7.2.1 US & Canada Lithium Bromide Sales by Application (2020-2031)
7.2.2 US & Canada Lithium Bromide Revenue by Application (2020-2031)
7.3 US & Canada Market Size by Country
7.3.1 US & Canada Lithium Bromide Revenue by Country: 2020 VS 2024 VS 2031
7.3.2 US & Canada Lithium Bromide Revenue by Country (2020-2031)
7.3.3 US & Canada Lithium Bromide Sales by Country (2020-2031)
7.3.4 US
7.3.5 Canada
8 Europe
8.1 Europe Market Size by Chemical Compound
8.1.1 Europe Lithium Bromide Sales by Chemical Compound (2020-2031)
8.1.2 Europe Lithium Bromide Revenue by Chemical Compound (2020-2031)
8.2 Europe Market Size by Application
8.2.1 Europe Lithium Bromide Sales by Application (2020-2031)
8.2.2 Europe Lithium Bromide Revenue by Application (2020-2031)
8.3 Europe Market Size by Country
8.3.1 Europe Lithium Bromide Revenue by Country: 2020 VS 2024 VS 2031
8.3.2 Europe Lithium Bromide Sales by Country (2020-2031)
8.3.3 Europe Lithium Bromide Revenue by Country (2020-2031)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China Market Size by Chemical Compound
9.1.1 China Lithium Bromide Sales by Chemical Compound (2020-2031)
9.1.2 China Lithium Bromide Revenue by Chemical Compound (2020-2031)
9.2 China Market Size by Application
9.2.1 China Lithium Bromide Sales by Application (2020-2031)
9.2.2 China Lithium Bromide Revenue by Application (2020-2031)
10 Asia (excluding China)
10.1 Asia Market Size by Chemical Compound
10.1.1 Asia Lithium Bromide Sales by Chemical Compound (2020-2031)
10.1.2 Asia Lithium Bromide Revenue by Chemical Compound (2020-2031)
10.2 Asia Market Size by Application
10.2.1 Asia Lithium Bromide Sales by Application (2020-2031)
10.2.2 Asia Lithium Bromide Revenue by Application (2020-2031)
10.3 Asia Market Size by Region
10.3.1 Asia Lithium Bromide Revenue by Region: 2020 VS 2024 VS 2031
10.3.2 Asia Lithium Bromide Revenue by Region (2020-2031)
10.3.3 Asia Lithium Bromide Sales by Region (2020-2031)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America Market Size by Chemical Compound
11.1.1 Middle East, Africa and Latin America Lithium Bromide Sales by Chemical Compound (2020-2031)
11.1.2 Middle East, Africa and Latin America Lithium Bromide Revenue by Chemical Compound (2020-2031)
11.2 Middle East, Africa and Latin America Market Size by Application
11.2.1 Middle East, Africa and Latin America Lithium Bromide Sales by Application (2020-2031)
11.2.2 Middle East, Africa and Latin America Lithium Bromide Revenue by Application (2020-2031)
11.3 Middle East, Africa and Latin America Market Size by Country
11.3.1 Middle East, Africa and Latin America Lithium Bromide Revenue by Country: 2020 VS 2024 VS 2031
11.3.2 Middle East, Africa and Latin America Lithium Bromide Revenue by Country (2020-2031)
11.3.3 Middle East, Africa and Latin America Lithium Bromide Sales by Country (2020-2031)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profile
12.1 Albemarle
12.1.1 Albemarle Corporation Information
12.1.2 Albemarle Overview
12.1.3 Albemarle Lithium Bromide Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.1.4 Albemarle Lithium Bromide Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 Albemarle Recent Developments
12.2 Leverton Clarke
12.2.1 Leverton Clarke Corporation Information
12.2.2 Leverton Clarke Overview
12.2.3 Leverton Clarke Lithium Bromide Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.2.4 Leverton Clarke Lithium Bromide Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Leverton Clarke Recent Developments
12.3 Neogen Chemical
12.3.1 Neogen Chemical Corporation Information
12.3.2 Neogen Chemical Overview
12.3.3 Neogen Chemical Lithium Bromide Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.3.4 Neogen Chemical Lithium Bromide Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 Neogen Chemical Recent Developments
12.4 Nanjing Taiye Chemical
12.4.1 Nanjing Taiye Chemical Corporation Information
12.4.2 Nanjing Taiye Chemical Overview
12.4.3 Nanjing Taiye Chemical Lithium Bromide Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.4.4 Nanjing Taiye Chemical Lithium Bromide Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 Nanjing Taiye Chemical Recent Developments
12.5 Honjo Chemical
12.5.1 Honjo Chemical Corporation Information
12.5.2 Honjo Chemical Overview
12.5.3 Honjo Chemical Lithium Bromide Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.5.4 Honjo Chemical Lithium Bromide Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 Honjo Chemical Recent Developments
12.6 Jiangsu World Chemical Industry
12.6.1 Jiangsu World Chemical Industry Corporation Information
12.6.2 Jiangsu World Chemical Industry Overview
12.6.3 Jiangsu World Chemical Industry Lithium Bromide Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.6.4 Jiangsu World Chemical Industry Lithium Bromide Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 Jiangsu World Chemical Industry Recent Developments
12.7 Dongying Bromate Chemicals
12.7.1 Dongying Bromate Chemicals Corporation Information
12.7.2 Dongying Bromate Chemicals Overview
12.7.3 Dongying Bromate Chemicals Lithium Bromide Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.7.4 Dongying Bromate Chemicals Lithium Bromide Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 Dongying Bromate Chemicals Recent Developments
12.8 Shanghai China Lithium Industrial
12.8.1 Shanghai China Lithium Industrial Corporation Information
12.8.2 Shanghai China Lithium Industrial Overview
12.8.3 Shanghai China Lithium Industrial Lithium Bromide Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.8.4 Shanghai China Lithium Industrial Lithium Bromide Product Model Numbers, Pictures, Descriptions and Specifications
12.8.5 Shanghai China Lithium Industrial Recent Developments
12.9 Hanchang
12.9.1 Hanchang Corporation Information
12.9.2 Hanchang Overview
12.9.3 Hanchang Lithium Bromide Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.9.4 Hanchang Lithium Bromide Product Model Numbers, Pictures, Descriptions and Specifications
12.9.5 Hanchang Recent Developments
12.10 Shandong Tianxin Chemical
12.10.1 Shandong Tianxin Chemical Corporation Information
12.10.2 Shandong Tianxin Chemical Overview
12.10.3 Shandong Tianxin Chemical Lithium Bromide Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.10.4 Shandong Tianxin Chemical Lithium Bromide Product Model Numbers, Pictures, Descriptions and Specifications
12.10.5 Shandong Tianxin Chemical Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 Lithium Bromide Industry Chain Analysis
13.2 Lithium Bromide Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Lithium Bromide Production Mode & Process
13.4 Lithium Bromide Sales and Marketing
13.4.1 Lithium Bromide Sales Channels
13.4.2 Lithium Bromide Distributors
13.5 Lithium Bromide Customers
14 Lithium Bromide Market Dynamics
14.1 Lithium Bromide Industry Trends
14.2 Lithium Bromide Market Drivers
14.3 Lithium Bromide Market Challenges
14.4 Lithium Bromide Market Restraints
15 Key Findings in the Global Lithium Bromide Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.1.1 Research Programs/Design
16.1.1.2 Market Size Estimation
16.1.1.3 Market Breakdown and Data Triangulation
16.1.2 Data Source
16.1.2.1 Secondary Sources
16.1.2.2 Primary Sources
16.2 Author Details
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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Lithium bromide is a chemical compound of lithium and bromine. Formula: LiBr. White cubic crystal or granular powder, easily soluble in water, soluble in alcohol and ether, slightly soluble in pyridine, it can soluble in methanol, acetone, ethylene glycol and other organic solvents. It is generally used in certain air conditioning systems.
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Lithium bromide is a chemical compound of lithium and bromine. Formula: LiBr. White cubic crystal or granular powder, easily soluble in water, soluble in alcohol and ether, slightly soluble in pyridine, it can soluble in methanol, acetone, ethylene glycol and other organic solvents. It is generally used in certain air conditioning systems.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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