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Home > Global Lithium Bromide Market Growth 2025-2031

Global Lithium Bromide Market Growth 2025-2031

Publication ID: 
LPI08251447
Publication Date: 
August 4, 2025
Pages: 
90
Publisher: 
LPI
Countries: 
Global [1]
USD 3,660.00

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Manufacturing (Chemicals) [2]
Chemicals [3]
Description: 

The global Lithium Bromide market size is predicted to grow from US$ 144 million in 2025 to US$ 128 million in 2031; it is expected to grow at a CAGR of -2.0% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
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.
The “Lithium Bromide Industry Forecast” looks at past sales and reviews total world Lithium Bromide sales in 2024, providing a comprehensive analysis by region and market sector of projected Lithium Bromide sales for 2025 through 2031. With Lithium Bromide sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lithium Bromide industry.
This Insight Report provides a comprehensive analysis of the global Lithium Bromide landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lithium Bromide portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lithium Bromide market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lithium Bromide and breaks down the forecast by Chemical Compound, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lithium Bromide.
This report presents a comprehensive overview, market shares, and growth opportunities of Lithium Bromide market by product type, application, key manufacturers and key regions and countries.
Segmentation by Chemical Compound:
Lithium Bromide Solution
Lithium Bromide Anhydrous
Segmentation by Application:
Air Conditioning
Industrial Drying
Medicine Industry
Brazing and Welding
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Lithium Bromide market?
What factors are driving Lithium Bromide market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lithium Bromide market opportunities vary by end market size?
How does Lithium Bromide break out by Chemical Compound, by Application?

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Table Of Contents: 

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Lithium Bromide Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Lithium Bromide by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Lithium Bromide by Country/Region, 2020, 2024 & 2031
2.2 Lithium Bromide Segment by Chemical Compound
2.2.1 Lithium Bromide Solution
2.2.2 Lithium Bromide Anhydrous
2.3 Lithium Bromide Sales by Chemical Compound
2.3.1 Global Lithium Bromide Sales Market Share by Chemical Compound (2020-2025)
2.3.2 Global Lithium Bromide Revenue and Market Share by Chemical Compound (2020-2025)
2.3.3 Global Lithium Bromide Sale Price by Chemical Compound (2020-2025)
2.4 Lithium Bromide Segment by Application
2.4.1 Air Conditioning
2.4.2 Industrial Drying
2.4.3 Medicine Industry
2.4.4 Brazing and Welding
2.4.5 Others
2.5 Lithium Bromide Sales by Application
2.5.1 Global Lithium Bromide Sale Market Share by Application (2020-2025)
2.5.2 Global Lithium Bromide Revenue and Market Share by Application (2020-2025)
2.5.3 Global Lithium Bromide Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Lithium Bromide Breakdown Data by Company
3.1.1 Global Lithium Bromide Annual Sales by Company (2020-2025)
3.1.2 Global Lithium Bromide Sales Market Share by Company (2020-2025)
3.2 Global Lithium Bromide Annual Revenue by Company (2020-2025)
3.2.1 Global Lithium Bromide Revenue by Company (2020-2025)
3.2.2 Global Lithium Bromide Revenue Market Share by Company (2020-2025)
3.3 Global Lithium Bromide Sale Price by Company
3.4 Key Manufacturers Lithium Bromide Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Lithium Bromide Product Location Distribution
3.4.2 Players Lithium Bromide Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Lithium Bromide by Geographic Region
4.1 World Historic Lithium Bromide Market Size by Geographic Region (2020-2025)
4.1.1 Global Lithium Bromide Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Lithium Bromide Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Lithium Bromide Market Size by Country/Region (2020-2025)
4.2.1 Global Lithium Bromide Annual Sales by Country/Region (2020-2025)
4.2.2 Global Lithium Bromide Annual Revenue by Country/Region (2020-2025)
4.3 Americas Lithium Bromide Sales Growth
4.4 APAC Lithium Bromide Sales Growth
4.5 Europe Lithium Bromide Sales Growth
4.6 Middle East & Africa Lithium Bromide Sales Growth
5 Americas
5.1 Americas Lithium Bromide Sales by Country
5.1.1 Americas Lithium Bromide Sales by Country (2020-2025)
5.1.2 Americas Lithium Bromide Revenue by Country (2020-2025)
5.2 Americas Lithium Bromide Sales by Chemical Compound (2020-2025)
5.3 Americas Lithium Bromide Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Lithium Bromide Sales by Region
6.1.1 APAC Lithium Bromide Sales by Region (2020-2025)
6.1.2 APAC Lithium Bromide Revenue by Region (2020-2025)
6.2 APAC Lithium Bromide Sales by Chemical Compound (2020-2025)
6.3 APAC Lithium Bromide Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Lithium Bromide by Country
7.1.1 Europe Lithium Bromide Sales by Country (2020-2025)
7.1.2 Europe Lithium Bromide Revenue by Country (2020-2025)
7.2 Europe Lithium Bromide Sales by Chemical Compound (2020-2025)
7.3 Europe Lithium Bromide Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Lithium Bromide by Country
8.1.1 Middle East & Africa Lithium Bromide Sales by Country (2020-2025)
8.1.2 Middle East & Africa Lithium Bromide Revenue by Country (2020-2025)
8.2 Middle East & Africa Lithium Bromide Sales by Chemical Compound (2020-2025)
8.3 Middle East & Africa Lithium Bromide Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Lithium Bromide
10.3 Manufacturing Process Analysis of Lithium Bromide
10.4 Industry Chain Structure of Lithium Bromide
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Lithium Bromide Distributors
11.3 Lithium Bromide Customer
12 World Forecast Review for Lithium Bromide by Geographic Region
12.1 Global Lithium Bromide Market Size Forecast by Region
12.1.1 Global Lithium Bromide Forecast by Region (2026-2031)
12.1.2 Global Lithium Bromide Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Lithium Bromide Forecast by Chemical Compound (2026-2031)
12.7 Global Lithium Bromide Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Albemarle
13.1.1 Albemarle Company Information
13.1.2 Albemarle Lithium Bromide Product Portfolios and Specifications
13.1.3 Albemarle Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Albemarle Main Business Overview
13.1.5 Albemarle Latest Developments
13.2 Leverton Clarke
13.2.1 Leverton Clarke Company Information
13.2.2 Leverton Clarke Lithium Bromide Product Portfolios and Specifications
13.2.3 Leverton Clarke Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Leverton Clarke Main Business Overview
13.2.5 Leverton Clarke Latest Developments
13.3 Neogen Chemical
13.3.1 Neogen Chemical Company Information
13.3.2 Neogen Chemical Lithium Bromide Product Portfolios and Specifications
13.3.3 Neogen Chemical Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Neogen Chemical Main Business Overview
13.3.5 Neogen Chemical Latest Developments
13.4 Nanjing Taiye Chemical
13.4.1 Nanjing Taiye Chemical Company Information
13.4.2 Nanjing Taiye Chemical Lithium Bromide Product Portfolios and Specifications
13.4.3 Nanjing Taiye Chemical Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Nanjing Taiye Chemical Main Business Overview
13.4.5 Nanjing Taiye Chemical Latest Developments
13.5 Honjo Chemical
13.5.1 Honjo Chemical Company Information
13.5.2 Honjo Chemical Lithium Bromide Product Portfolios and Specifications
13.5.3 Honjo Chemical Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Honjo Chemical Main Business Overview
13.5.5 Honjo Chemical Latest Developments
13.6 Jiangsu World Chemical Industry
13.6.1 Jiangsu World Chemical Industry Company Information
13.6.2 Jiangsu World Chemical Industry Lithium Bromide Product Portfolios and Specifications
13.6.3 Jiangsu World Chemical Industry Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Jiangsu World Chemical Industry Main Business Overview
13.6.5 Jiangsu World Chemical Industry Latest Developments
13.7 Dongying Bromate Chemicals
13.7.1 Dongying Bromate Chemicals Company Information
13.7.2 Dongying Bromate Chemicals Lithium Bromide Product Portfolios and Specifications
13.7.3 Dongying Bromate Chemicals Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Dongying Bromate Chemicals Main Business Overview
13.7.5 Dongying Bromate Chemicals Latest Developments
13.8 Shanghai China Lithium Industrial
13.8.1 Shanghai China Lithium Industrial Company Information
13.8.2 Shanghai China Lithium Industrial Lithium Bromide Product Portfolios and Specifications
13.8.3 Shanghai China Lithium Industrial Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Shanghai China Lithium Industrial Main Business Overview
13.8.5 Shanghai China Lithium Industrial Latest Developments
13.9 Hanchang
13.9.1 Hanchang Company Information
13.9.2 Hanchang Lithium Bromide Product Portfolios and Specifications
13.9.3 Hanchang Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Hanchang Main Business Overview
13.9.5 Hanchang Latest Developments
13.10 Shandong Tianxin Chemical
13.10.1 Shandong Tianxin Chemical Company Information
13.10.2 Shandong Tianxin Chemical Lithium Bromide Product Portfolios and Specifications
13.10.3 Shandong Tianxin Chemical Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Shandong Tianxin Chemical Main Business Overview
13.10.5 Shandong Tianxin Chemical Latest Developments
14 Research Findings and Conclusion

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