PUBLISHER: QYResearch | PRODUCT CODE: 1873505
PUBLISHER: QYResearch | PRODUCT CODE: 1873505
The global market for Lithium Bromide was estimated to be worth US$ 150 million in 2024 and is forecast to a readjusted size of US$ 131 million by 2031 with a CAGR of -1.9% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Lithium Bromide cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
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.
This report aims to provide a comprehensive presentation of the global market for Lithium Bromide, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Lithium Bromide by region & country, by Chemical Compound, and by Application.
The Lithium Bromide market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lithium Bromide.
Market Segmentation
By Company
Segment by Chemical Compound
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Lithium Bromide manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Chemical Compound, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by 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 5: Sales, revenue of Lithium Bromide in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Lithium Bromide in country level. It provides sigmate data by Chemical Compound, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.