Lithium hydride is the hydride of metal lithium with the formula LiH. It is a colorless solid, although commercial samples are grey. LiH is produced by treating lithium metal with hydrogen gas. Lithium hydride has a high melting point and thermal stability. This product has a wide application.
Due to the impact of high-price material and threat of substitutes, the lithium hydride industry has developed in a stable pace. Viewed from the supply side, there are a few manufacturers in the lithium hydride industry, while from the demand side, the current demand for lithium hydride is growing.
The global sales of the lithium hydride in 2015 have been over 228.9 Ton; the gross margin was around 12.32% during the last five years. We forecast that the global lithium hydride market will grow at CAGR of 1.55% from 2016 to 2022.
At present, there are a few of manufacturers in the market. Leading four companies in the market occupies about 58% of the market shares. Major manufacturers in the market are Rockwood Lithium, ESPI Metals, Tianjin Daofu and Dalchem etc.

The Global Lithium Hydride Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.

As the report focuses on global Lithium Hydride Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-

Rockwood Lithium
ESPI Metals
Dalchem
Tianjin Daofu
Ganfeng Lithium
Tianjin Dipper Fine
Hebei Keyu
Anhui Wotu

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:

0.95
0.97
0.99
Other
In Market segmentation by applications :

Raw Material
Hydrogen storage material
Desiccant
Reducing agent
Other

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Lithium Hydride Market for the forecast period 2023 - 2030?
• What are the driving forces in the Lithium Hydride Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Lithium Hydride industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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