Global Lithium Bromide Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch"s in-depth investigation and research, the global Lithium Bromide market size will reach 154.48 Million USD in 2025 and is projected to reach 131.17 Million USD by 2032, with a CAGR of -2.31% (2025-2032). Notably, the China Lithium Bromide market has changed rapidly in the past few years. By 2025, China"s market size is expected to be Million USD, representing approximately % of the global market share.

Research Summary

Lithium bromide is an inorganic compound composed of lithium and bromine atoms. It is primarily known for its use in air conditioning and refrigeration systems as a highly efficient and effective absorbent for water vapor. Lithium bromide exhibits hygroscopic properties, meaning it has a strong affinity for water, which allows it to absorb moisture from the surrounding air. This characteristic makes it an ideal choice for use in absorption refrigeration systems, where it serves as the absorbent in the absorption cycle, aiding in the removal of heat and facilitating the cooling process. Additionally, lithium bromide finds applications in various chemical reactions and as a catalyst in organic synthesis.

The major global  manufacturers of Lithium Bromide include 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, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Lithium Bromide. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Lithium Bromide market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Lithium Bromide market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Lithium Bromide industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Lithium Bromide Include:

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

Lithium Bromide Product Segment Include:

Lithium Bromide Solution

Lithium Bromide Anhydrous

Others

Lithium Bromide Product Application Include:

Air Conditioning

Industrial Drying

Medicine Industry

Brazing and Welding

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Lithium Bromide Capacity and Production Analysis

Chapter 3: Global Lithium Bromide Industry PESTEL Analysis

Chapter 4: Global Lithium Bromide Industry Porter's Five Forces Analysis

Chapter 5: Global Lithium Bromide Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 6: Global Lithium Bromide Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 7: Global Lithium Bromide Sales, Revenue, Price and Forecast by Product Type

Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 9: Industrial Chain Analysis, Lithium Bromide Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 10: Research Findings and Conclusion

Chapter 11: Methodology and Data Sources