The global lithium compounds market is driven by increasing usage of portable devices. The global lithium compounds market is projected to reach USD 5.87 billion by 2020, at a CAGR of 13.22% between 2015 and 2020. The lithium compounds market is driven by various end user industries such as li-ion batteries, glass & ceramics and others. Also, factors such as increase in use of portable devices using li-ion batteries, switch from fuel-burning cars to electric vehicles & increasing focus of consumer & government agencies towards environmental concerns are driving the growth of the market. Complete report on global lithium compounds market spread across 337 pages, profiling 08 companies and supported with 537 tables and 56 figures is now available at http://www.rnrmarketresearch.com/lithium-compounds-market-by-application-li-ion-batteries-glass-ceramics-medical-lubricants-metallurgy-polymers-by-derivatives-lithium-carbonate-lithium-hydroxide-lithium-metal-butyl-lithium-by-regio-ts-to-2020-market-report.html .
Asia-Pacific is the global leader in the consumption of lithium compounds, and is expected to dominate in the coming years. China, Japan, and South Korea are the key countries in this region. The Asia-Pacific market is expected to grow at the highest CAGR from 2015 to 2020.
Break-up of profile of primary participants for the report:
> By Company - Tier 1 – 35 %, Tier 2 – 30% and Tier 3 – 35%
> By Designation – C-level – 25%, Director-Level – 30%, others – 45%
> By Region – North America - 11%, Europe – 33%, Asia-Pacific – 45%, RoW – 11%
Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=483101 .
This study estimates the market value for lithium compounds during the forecast period (2015 to 2020). Major countries covered in this report include China, Japan, South Korea, Germany, France, the U.K., Canada, Mexico, and the U.S. Similarly, the report is further is classifies on basis of derivatives & end use.
Further, the report provides a comprehensive review of major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by different market players, such as SQM (Chile), Albemarle Corporation (U.S.), FMC (U.S.), Sichuan Tianqui lithium (China) & Jiangxi Ganfeng Lithium Co., Ltd (China) are the key players actively present in the lithium compounds market. Priced at $4650 for a single user PDF, a discount on “Lithium Compounds Market by Application (LI-ION Batteries, Glass & Ceramics, Medical, Lubricants, Metallurgy, Polymers), by Derivatives (Lithium Carbonate, Lithium Hydroxide, Lithium Metal, Butyl-Lithium) & by Region - Global Forecasts to 2020” research report can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=483101 .
The use of lithium compounds is increasing across applications such as li-ion batteries, glass & ceramics, medical, and others. With the growing demand for lithium compounds in end user industries, its consumption is also expected to rise between 2015 and 2020.
On a related note, another research titled Process Oil Market Global Forecast to 2020 says, the global process oil market is projected to reach USD 4.98 billion by 2020, at a CAGR of 2.5% between 2015 and 2020. Tire & rubber segment is the leading application segment of the global process oil market during the forecast period between 2015 and 2020. Companies like Royal Dutch Shell PLC, Chevron Corporation, Nynas AB, Repsol, Lukoil Oil Company, Avista Oil AG, Phillips 66 Company, Idemitsu Kosan Co., Ltd. and Hindustan Petroleum Corporation Ltd. have been profiled in this 231 pages research report available at http://www.rnrmarketresearch.com/process-oil-market-by-type-aromatic-paraffinic-naphthenic-others-by-application-tire-rubber-polymer-personal-care-textile-others-by-region-global-forecast-to-2020-market-report.html .
Explore more reports on Chemicals market at http://www.rnrmarketresearch.com/reports/materials-chemicals/chemicals .
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