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
- 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
Segment by Chemical Compound
- Lithium Bromide Solution
- Lithium Bromide Anhydrous
Segment by Application
- Air Conditioning
- Industrial Drying
- Medicine Industry
- Brazing and Welding
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
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.
Table of Contents
1 Market Overview
- 1.1 Lithium Bromide Product Introduction
- 1.2 Global Lithium Bromide Market Size Forecast
- 1.2.1 Global Lithium Bromide Sales Value (2020-2031)
- 1.2.2 Global Lithium Bromide Sales Volume (2020-2031)
- 1.2.3 Global Lithium Bromide Sales Price (2020-2031)
- 1.3 Lithium Bromide Market Trends & Drivers
- 1.3.1 Lithium Bromide Industry Trends
- 1.3.2 Lithium Bromide Market Drivers & Opportunity
- 1.3.3 Lithium Bromide Market Challenges
- 1.3.4 Lithium Bromide Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Lithium Bromide Players Revenue Ranking (2024)
- 2.2 Global Lithium Bromide Revenue by Company (2020-2025)
- 2.3 Global Lithium Bromide Players Sales Volume Ranking (2024)
- 2.4 Global Lithium Bromide Sales Volume by Company Players (2020-2025)
- 2.5 Global Lithium Bromide Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Lithium Bromide Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Lithium Bromide Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Lithium Bromide
- 2.9 Lithium Bromide Market Competitive Analysis
- 2.9.1 Lithium Bromide Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Lithium Bromide Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Lithium Bromide as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Chemical Compound
- 3.1 Introduction by Chemical Compound
- 3.1.1 Lithium Bromide Solution
- 3.1.2 Lithium Bromide Anhydrous
- 3.2 Global Lithium Bromide Sales Value by Chemical Compound
- 3.2.1 Global Lithium Bromide Sales Value by Chemical Compound (2020 VS 2024 VS 2031)
- 3.2.2 Global Lithium Bromide Sales Value, by Chemical Compound (2020-2031)
- 3.2.3 Global Lithium Bromide Sales Value, by Chemical Compound (%) (2020-2031)
- 3.3 Global Lithium Bromide Sales Volume by Chemical Compound
- 3.3.1 Global Lithium Bromide Sales Volume by Chemical Compound (2020 VS 2024 VS 2031)
- 3.3.2 Global Lithium Bromide Sales Volume, by Chemical Compound (2020-2031)
- 3.3.3 Global Lithium Bromide Sales Volume, by Chemical Compound (%) (2020-2031)
- 3.4 Global Lithium Bromide Average Price by Chemical Compound (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Air Conditioning
- 4.1.2 Industrial Drying
- 4.1.3 Medicine Industry
- 4.1.4 Brazing and Welding
- 4.1.5 Others
- 4.2 Global Lithium Bromide Sales Value by Application
- 4.2.1 Global Lithium Bromide Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Lithium Bromide Sales Value, by Application (2020-2031)
- 4.2.3 Global Lithium Bromide Sales Value, by Application (%) (2020-2031)
- 4.3 Global Lithium Bromide Sales Volume by Application
- 4.3.1 Global Lithium Bromide Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Lithium Bromide Sales Volume, by Application (2020-2031)
- 4.3.3 Global Lithium Bromide Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Lithium Bromide Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Lithium Bromide Sales Value by Region
- 5.1.1 Global Lithium Bromide Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Lithium Bromide Sales Value by Region (2020-2025)
- 5.1.3 Global Lithium Bromide Sales Value by Region (2026-2031)
- 5.1.4 Global Lithium Bromide Sales Value by Region (%), (2020-2031)
- 5.2 Global Lithium Bromide Sales Volume by Region
- 5.2.1 Global Lithium Bromide Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Lithium Bromide Sales Volume by Region (2020-2025)
- 5.2.3 Global Lithium Bromide Sales Volume by Region (2026-2031)
- 5.2.4 Global Lithium Bromide Sales Volume by Region (%), (2020-2031)
- 5.3 Global Lithium Bromide Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Lithium Bromide Sales Value, 2020-2031
- 5.4.2 North America Lithium Bromide Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Lithium Bromide Sales Value, 2020-2031
- 5.5.2 Europe Lithium Bromide Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Lithium Bromide Sales Value, 2020-2031
- 5.6.2 Asia Pacific Lithium Bromide Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Lithium Bromide Sales Value, 2020-2031
- 5.7.2 South America Lithium Bromide Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Lithium Bromide Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Lithium Bromide Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Lithium Bromide Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Lithium Bromide Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Lithium Bromide Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Lithium Bromide Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Lithium Bromide Sales Value, 2020-2031
- 6.3.2 United States Lithium Bromide Sales Value by Chemical Compound (%), 2024 VS 2031
- 6.3.3 United States Lithium Bromide Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Lithium Bromide Sales Value, 2020-2031
- 6.4.2 Europe Lithium Bromide Sales Value by Chemical Compound (%), 2024 VS 2031
- 6.4.3 Europe Lithium Bromide Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Lithium Bromide Sales Value, 2020-2031
- 6.5.2 China Lithium Bromide Sales Value by Chemical Compound (%), 2024 VS 2031
- 6.5.3 China Lithium Bromide Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Lithium Bromide Sales Value, 2020-2031
- 6.6.2 Japan Lithium Bromide Sales Value by Chemical Compound (%), 2024 VS 2031
- 6.6.3 Japan Lithium Bromide Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Lithium Bromide Sales Value, 2020-2031
- 6.7.2 South Korea Lithium Bromide Sales Value by Chemical Compound (%), 2024 VS 2031
- 6.7.3 South Korea Lithium Bromide Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Lithium Bromide Sales Value, 2020-2031
- 6.8.2 Southeast Asia Lithium Bromide Sales Value by Chemical Compound (%), 2024 VS 2031
- 6.8.3 Southeast Asia Lithium Bromide Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Lithium Bromide Sales Value, 2020-2031
- 6.9.2 India Lithium Bromide Sales Value by Chemical Compound (%), 2024 VS 2031
- 6.9.3 India Lithium Bromide Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Albemarle
- 7.1.1 Albemarle Company Information
- 7.1.2 Albemarle Introduction and Business Overview
- 7.1.3 Albemarle Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Albemarle Lithium Bromide Product Offerings
- 7.1.5 Albemarle Recent Development
- 7.2 Leverton Clarke
- 7.2.1 Leverton Clarke Company Information
- 7.2.2 Leverton Clarke Introduction and Business Overview
- 7.2.3 Leverton Clarke Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Leverton Clarke Lithium Bromide Product Offerings
- 7.2.5 Leverton Clarke Recent Development
- 7.3 Neogen Chemical
- 7.3.1 Neogen Chemical Company Information
- 7.3.2 Neogen Chemical Introduction and Business Overview
- 7.3.3 Neogen Chemical Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Neogen Chemical Lithium Bromide Product Offerings
- 7.3.5 Neogen Chemical Recent Development
- 7.4 Nanjing Taiye Chemical
- 7.4.1 Nanjing Taiye Chemical Company Information
- 7.4.2 Nanjing Taiye Chemical Introduction and Business Overview
- 7.4.3 Nanjing Taiye Chemical Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Nanjing Taiye Chemical Lithium Bromide Product Offerings
- 7.4.5 Nanjing Taiye Chemical Recent Development
- 7.5 Honjo Chemical
- 7.5.1 Honjo Chemical Company Information
- 7.5.2 Honjo Chemical Introduction and Business Overview
- 7.5.3 Honjo Chemical Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Honjo Chemical Lithium Bromide Product Offerings
- 7.5.5 Honjo Chemical Recent Development
- 7.6 Jiangsu World Chemical Industry
- 7.6.1 Jiangsu World Chemical Industry Company Information
- 7.6.2 Jiangsu World Chemical Industry Introduction and Business Overview
- 7.6.3 Jiangsu World Chemical Industry Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Jiangsu World Chemical Industry Lithium Bromide Product Offerings
- 7.6.5 Jiangsu World Chemical Industry Recent Development
- 7.7 Dongying Bromate Chemicals
- 7.7.1 Dongying Bromate Chemicals Company Information
- 7.7.2 Dongying Bromate Chemicals Introduction and Business Overview
- 7.7.3 Dongying Bromate Chemicals Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Dongying Bromate Chemicals Lithium Bromide Product Offerings
- 7.7.5 Dongying Bromate Chemicals Recent Development
- 7.8 Shanghai China Lithium Industrial
- 7.8.1 Shanghai China Lithium Industrial Company Information
- 7.8.2 Shanghai China Lithium Industrial Introduction and Business Overview
- 7.8.3 Shanghai China Lithium Industrial Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Shanghai China Lithium Industrial Lithium Bromide Product Offerings
- 7.8.5 Shanghai China Lithium Industrial Recent Development
- 7.9 Hanchang
- 7.9.1 Hanchang Company Information
- 7.9.2 Hanchang Introduction and Business Overview
- 7.9.3 Hanchang Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Hanchang Lithium Bromide Product Offerings
- 7.9.5 Hanchang Recent Development
- 7.10 Shandong Tianxin Chemical
- 7.10.1 Shandong Tianxin Chemical Company Information
- 7.10.2 Shandong Tianxin Chemical Introduction and Business Overview
- 7.10.3 Shandong Tianxin Chemical Lithium Bromide Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Shandong Tianxin Chemical Lithium Bromide Product Offerings
- 7.10.5 Shandong Tianxin Chemical Recent Development
8 Industry Chain Analysis
- 8.1 Lithium Bromide Industrial Chain
- 8.2 Lithium Bromide Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Lithium Bromide Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Lithium Bromide Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer