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Global Lithium Bromide Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Aug 02, 2025
Length 156 Pages
SKU # BOSS20299111

Description

Report Overview

Lithium bromide is a chemical compound widely used as a desiccant in air conditioning and refrigeration systems, particularly in absorption chillers, where it serves as an absorbent due to its high affinity for water vapor. The market for lithium bromide is primarily driven by the growing demand for energy-efficient and environmentally friendly cooling solutions, as it operates without ozone-depleting refrigerants and aligns with global sustainability goals. Key industries utilizing lithium bromide include commercial HVAC systems, industrial refrigeration, and district cooling projects, with Asia-Pacific being the dominant region due to rapid urbanization and infrastructure development in countries like China and India. However, the market faces challenges such as the high cost of lithium extraction and competition from alternative absorption refrigerants like ammonia. Technological advancements in absorption chiller efficiency and increasing investments in green building initiatives are expected to further propel demand, though supply chain constraints and fluctuating lithium prices may impact market growth.

The global Lithium Bromide market size was estimated at USD 79.3 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of -1.06% during the forecast period.

This report provides a deep insight into the global Lithium Bromide market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Lithium Bromide Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Lithium Bromide market in any manner.

Global Lithium Bromide Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Rockwood Lithium

FMC Corporation

Leverton-Clarke

ICL-IP

Shreenivas Chemicals

Dhara Fine Chem

Westman Chemicals

Nanjing Taiye Chemical

Honjo Chemical

Haoxin Liyan

Jiangsu World Chemical Industry

Jiangxi Dongpeng New Materials

Dongying Bromate Chemicals

Shanghai China Lithium Industrial

Shandong Tianxin Chemical

Huizhi Lithium Energy

Market Segmentation (by Type)

Lithium Bromide Solution

Lithium Bromide Anhydrous

Others

Market Segmentation (by Application)

Air Conditioning

Industrial Drying

Medicine Industry

Brazing and Welding

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Lithium Bromide Market

Overview of the regional outlook of the Lithium Bromide Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, 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 Lithium Bromide Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 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, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Lithium Bromide, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

156 Pages
1 Research Methodology And Statistical Scope
1.1 Market Definition And Statistical Scope Of Lithium Bromide
1.2 Key Market Segments
1.2.1 Lithium Bromide Segment By Type
1.2.2 Lithium Bromide Segment By Application
1.3 Methodology & Sources Of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown And Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Lithium Bromide Market Overview
2.1 Global Market Overview
2.1.1 Global Lithium Bromide Market Size (M Usd) Estimates And Forecasts (2020-2033)
2.1.2 Global Lithium Bromide Sales Estimates And Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size By Region
3 Lithium Bromide Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Lithium Bromide Product Life Cycle
3.3 Global Lithium Bromide Sales By Manufacturers (2020-2025)
3.4 Global Lithium Bromide Revenue Market Share By Manufacturers (2020-2025)
3.5 Lithium Bromide Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
3.6 Global Lithium Bromide Average Price By Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, And Product Types
3.8 Lithium Bromide Market Competitive Situation And Trends
3.8.1 Lithium Bromide Market Concentration Rate
3.8.2 Global 5 And 10 Largest Lithium Bromide Players Market Share By Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Lithium Bromide Industry Chain Analysis
4.1 Lithium Bromide Industry Chain Analysis
4.2 Market Overview Of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development And Dynamics Of Lithium Bromide Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 Pest Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Lithium Bromide Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions And Their Impacts To Lithium Bromide Market
5.7 Esg Ratings Of Leading Companies
6 Lithium Bromide Market Segmentation By Type
6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
6.2 Global Lithium Bromide Sales Market Share By Type (2020-2025)
6.3 Global Lithium Bromide Market Size Market Share By Type (2020-2025)
6.4 Global Lithium Bromide Price By Type (2020-2025)
7 Lithium Bromide Market Segmentation By Application
7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
7.2 Global Lithium Bromide Market Sales By Application (2020-2025)
7.3 Global Lithium Bromide Market Size (M Usd) By Application (2020-2025)
7.4 Global Lithium Bromide Sales Growth Rate By Application (2020-2025)
8 Lithium Bromide Market Sales By Region
8.1 Global Lithium Bromide Sales By Region
8.1.1 Global Lithium Bromide Sales By Region
8.1.2 Global Lithium Bromide Sales Market Share By Region
8.2 Global Lithium Bromide Market Size By Region
8.2.1 Global Lithium Bromide Market Size By Region
8.2.2 Global Lithium Bromide Market Size Market Share By Region
8.3 North America
8.3.1 North America Lithium Bromide Sales By Country
8.3.2 North America Lithium Bromide Market Size By Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Lithium Bromide Sales By Country
8.4.2 Europe Lithium Bromide Market Size By Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Lithium Bromide Sales By Region
8.5.2 Asia Pacific Lithium Bromide Market Size By Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Lithium Bromide Sales By Country
8.6.2 South America Lithium Bromide Market Size By Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East And Africa
8.7.1 Middle East And Africa Lithium Bromide Sales By Region
8.7.2 Middle East And Africa Lithium Bromide Market Size By Region
8.7.3 Saudi Arabia Market Overview
8.7.4 Uae Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Lithium Bromide Market Production By Region
9.1 Global Production Of Lithium Bromide By Region(2020-2025)
9.2 Global Lithium Bromide Revenue Market Share By Region (2020-2025)
9.3 Global Lithium Bromide Production, Revenue, Price And Gross Margin (2020-2025)
9.4 North America Lithium Bromide Production
9.4.1 North America Lithium Bromide Production Growth Rate (2020-2025)
9.4.2 North America Lithium Bromide Production, Revenue, Price And Gross Margin (2020-2025)
9.5 Europe Lithium Bromide Production
9.5.1 Europe Lithium Bromide Production Growth Rate (2020-2025)
9.5.2 Europe Lithium Bromide Production, Revenue, Price And Gross Margin (2020-2025)
9.6 Japan Lithium Bromide Production (2020-2025)
9.6.1 Japan Lithium Bromide Production Growth Rate (2020-2025)
9.6.2 Japan Lithium Bromide Production, Revenue, Price And Gross Margin (2020-2025)
9.7 China Lithium Bromide Production (2020-2025)
9.7.1 China Lithium Bromide Production Growth Rate (2020-2025)
9.7.2 China Lithium Bromide Production, Revenue, Price And Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Rockwood Lithium
10.1.1 Rockwood Lithium Basic Information
10.1.2 Rockwood Lithium Lithium Bromide Product Overview
10.1.3 Rockwood Lithium Lithium Bromide Product Market Performance
10.1.4 Rockwood Lithium Business Overview
10.1.5 Rockwood Lithium Swot Analysis
10.1.6 Rockwood Lithium Recent Developments
10.2 Fmc Corporation
10.2.1 Fmc Corporation Basic Information
10.2.2 Fmc Corporation Lithium Bromide Product Overview
10.2.3 Fmc Corporation Lithium Bromide Product Market Performance
10.2.4 Fmc Corporation Business Overview
10.2.5 Fmc Corporation Swot Analysis
10.2.6 Fmc Corporation Recent Developments
10.3 Leverton-clarke
10.3.1 Leverton-clarke Basic Information
10.3.2 Leverton-clarke Lithium Bromide Product Overview
10.3.3 Leverton-clarke Lithium Bromide Product Market Performance
10.3.4 Leverton-clarke Business Overview
10.3.5 Leverton-clarke Swot Analysis
10.3.6 Leverton-clarke Recent Developments
10.4 Icl-ip
10.4.1 Icl-ip Basic Information
10.4.2 Icl-ip Lithium Bromide Product Overview
10.4.3 Icl-ip Lithium Bromide Product Market Performance
10.4.4 Icl-ip Business Overview
10.4.5 Icl-ip Recent Developments
10.5 Shreenivas Chemicals
10.5.1 Shreenivas Chemicals Basic Information
10.5.2 Shreenivas Chemicals Lithium Bromide Product Overview
10.5.3 Shreenivas Chemicals Lithium Bromide Product Market Performance
10.5.4 Shreenivas Chemicals Business Overview
10.5.5 Shreenivas Chemicals Recent Developments
10.6 Dhara Fine Chem
10.6.1 Dhara Fine Chem Basic Information
10.6.2 Dhara Fine Chem Lithium Bromide Product Overview
10.6.3 Dhara Fine Chem Lithium Bromide Product Market Performance
10.6.4 Dhara Fine Chem Business Overview
10.6.5 Dhara Fine Chem Recent Developments
10.7 Westman Chemicals
10.7.1 Westman Chemicals Basic Information
10.7.2 Westman Chemicals Lithium Bromide Product Overview
10.7.3 Westman Chemicals Lithium Bromide Product Market Performance
10.7.4 Westman Chemicals Business Overview
10.7.5 Westman Chemicals Recent Developments
10.8 Nanjing Taiye Chemical
10.8.1 Nanjing Taiye Chemical Basic Information
10.8.2 Nanjing Taiye Chemical Lithium Bromide Product Overview
10.8.3 Nanjing Taiye Chemical Lithium Bromide Product Market Performance
10.8.4 Nanjing Taiye Chemical Business Overview
10.8.5 Nanjing Taiye Chemical Recent Developments
10.9 Honjo Chemical
10.9.1 Honjo Chemical Basic Information
10.9.2 Honjo Chemical Lithium Bromide Product Overview
10.9.3 Honjo Chemical Lithium Bromide Product Market Performance
10.9.4 Honjo Chemical Business Overview
10.9.5 Honjo Chemical Recent Developments
10.10 Haoxin Liyan
10.10.1 Haoxin Liyan Basic Information
10.10.2 Haoxin Liyan Lithium Bromide Product Overview
10.10.3 Haoxin Liyan Lithium Bromide Product Market Performance
10.10.4 Haoxin Liyan Business Overview
10.10.5 Haoxin Liyan Recent Developments
10.11 Jiangsu World Chemical Industry
10.11.1 Jiangsu World Chemical Industry Basic Information
10.11.2 Jiangsu World Chemical Industry Lithium Bromide Product Overview
10.11.3 Jiangsu World Chemical Industry Lithium Bromide Product Market Performance
10.11.4 Jiangsu World Chemical Industry Business Overview
10.11.5 Jiangsu World Chemical Industry Recent Developments
10.12 Jiangxi Dongpeng New Materials
10.12.1 Jiangxi Dongpeng New Materials Basic Information
10.12.2 Jiangxi Dongpeng New Materials Lithium Bromide Product Overview
10.12.3 Jiangxi Dongpeng New Materials Lithium Bromide Product Market Performance
10.12.4 Jiangxi Dongpeng New Materials Business Overview
10.12.5 Jiangxi Dongpeng New Materials Recent Developments
10.13 Dongying Bromate Chemicals
10.13.1 Dongying Bromate Chemicals Basic Information
10.13.2 Dongying Bromate Chemicals Lithium Bromide Product Overview
10.13.3 Dongying Bromate Chemicals Lithium Bromide Product Market Performance
10.13.4 Dongying Bromate Chemicals Business Overview
10.13.5 Dongying Bromate Chemicals Recent Developments
10.14 Shanghai China Lithium Industrial
10.14.1 Shanghai China Lithium Industrial Basic Information
10.14.2 Shanghai China Lithium Industrial Lithium Bromide Product Overview
10.14.3 Shanghai China Lithium Industrial Lithium Bromide Product Market Performance
10.14.4 Shanghai China Lithium Industrial Business Overview
10.14.5 Shanghai China Lithium Industrial Recent Developments
10.15 Shandong Tianxin Chemical
10.15.1 Shandong Tianxin Chemical Basic Information
10.15.2 Shandong Tianxin Chemical Lithium Bromide Product Overview
10.15.3 Shandong Tianxin Chemical Lithium Bromide Product Market Performance
10.15.4 Shandong Tianxin Chemical Business Overview
10.15.5 Shandong Tianxin Chemical Recent Developments
10.16 Huizhi Lithium Energy
10.16.1 Huizhi Lithium Energy Basic Information
10.16.2 Huizhi Lithium Energy Lithium Bromide Product Overview
10.16.3 Huizhi Lithium Energy Lithium Bromide Product Market Performance
10.16.4 Huizhi Lithium Energy Business Overview
10.16.5 Huizhi Lithium Energy Recent Developments
11 Lithium Bromide Market Forecast By Region
11.1 Global Lithium Bromide Market Size Forecast
11.2 Global Lithium Bromide Market Forecast By Region
11.2.1 North America Market Size Forecast By Country
11.2.2 Europe Lithium Bromide Market Size Forecast By Country
11.2.3 Asia Pacific Lithium Bromide Market Size Forecast By Region
11.2.4 South America Lithium Bromide Market Size Forecast By Country
11.2.5 Middle East And Africa Forecasted Sales Of Lithium Bromide By Country
12 Forecast Market By Type And By Application (2026-2033)
12.1 Global Lithium Bromide Market Forecast By Type (2026-2033)
12.1.1 Global Forecasted Sales Of Lithium Bromide By Type (2026-2033)
12.1.2 Global Lithium Bromide Market Size Forecast By Type (2026-2033)
12.1.3 Global Forecasted Price Of Lithium Bromide By Type (2026-2033)
12.2 Global Lithium Bromide Market Forecast By Application (2026-2033)
12.2.1 Global Lithium Bromide Sales (K Mt) Forecast By Application
12.2.2 Global Lithium Bromide Market Size (M Usd) Forecast By Application (2026-2033)
13 Conclusion And Key Findings
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