Global Lithium Hydroxide Market with CAGR of 48.24% and USD 1,416.98 million by 2016

Lithium Hydroxide MarketThe Lithium Hydroxide Market 2016 Research Report investigates a thorough and complete study on Lithium Hydroxide industry volume, market Share, market Trends, Lithium Hydroxide Growth aspects, wide range of applications, Utilization ratio, Supply and demand analysis, manufacturing capacity, Price during Forecast period from 2016 to 2021

Lithium hydroxide is a compound formed of the white, soft metal lithium bound to a hydroxide group with the formula LiOH. It is soluble in water and slightly soluble in ethanol, and is available commercially in anhydrous form and as the monohydrate (LiOH.H2O), both of which are strong bases. It is the weakest base among the alkali metal hydroxides. Lithium hydroxide is commercially available in anhydrous form free of chemical bonds to water, though it is a hygroscopic chemical by nature that is also sold in monohydrate form as LiOH H2O.

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Lithium Hydroxide production, which measures output worldwide, was expected to reach 58,896 tons in 2016 with an increase of 26.05% from its year-earlier level. The global lithium hydroxide market size is estimated to grow from USD 197.91 million in 2011 to USD 1,416.98 million by 2016, at an estimated CAGR of 48.24% between 2011 and 2016. With regards to this, key players of lithium hydroxide industry are expected to find potential opportunities in this market.

The global lithium hydroxide market report profiles some of the key technological developments in the recent times. It also profiles some of the leading players in the market and analyzes their key strategies. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players.

Competitive Study of Global Lithium Hydroxide Market 2016 Based on Key Vendors:
Sichuan GRM
Jiangxi Ganfeng

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In addition, this research study covers thorough analysis of multiple market segments based on applications, study across different geographies and Products.The report also includes competitive profiling of the Lithium Hydroxide, their expansion plans, market status, and latest trends and developments in order to help strategic decision makers,

Lastly, the report enlists the vital conclusions that will assist all individuals who have a been interest in Lithium Hydroxide Market.