Lithium Hydroxide (LiOH) is a clear, water-white liquid inorganic compound that has a pungent odour. It is a white hygroscopic solid found in a hydrated and anhydrous form. It is a strong base and a weak alkali metal hydroxide. Upon contact, it can cause major irritation in the skin, eyes, and mucous membranes.
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Upon ingestion, inhalation and skin absorption, it can be toxic. It has a molar mass of 23.95 g/mol (anhydrous)/41.96 g/mol (monohydrate), and a density of 1.46 g/cm3 (anhydrous), 1.51 g/cm3 (monohydrate). Its respective melting and boiling points are 462 °C and 924 °C.
Key Details About the Lithium Hydroxide Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Lithium Hydroxide price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Lithium Hydroxide Price Trend, chart, including India Lithium Hydroxide price, USA Lithium Hydroxide price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Lithium Hydroxide Price Trend:
The Lithium Hydroxide (LiOH) market is propelling forward due to the compound’s primary use in manufacturing chemicals in rechargeable batteries, which are used in various devices like laptops, mobile phones, digital cameras, and electric vehicles. It is employed as starting material for producing various lithium chemicals such as chloride, fluoride, bromide, and iodide.
Furthermore, it has a broad application range across distinct end-uses, including its use in the absorption of unwanted gas such as carbon dioxide from the air in spacecraft, submarines, and rebreathers; to make fatty acids lithium salts; in cleaning solutions like laundry detergent and fabric conditioners; in the ceramic and paint industry; to make toys, heart pacemakers, and clocks; as a dye; as well as a coolant and for corrosion control in water reactors.
Key Players:
- Albemarle
- SQM
- Jiangxi Dongpeng New Materials
- Tianqi Lithium
- Livent
- Ganfeng Lithium
- Sichuan Yahua Group and Ruifu Lithium
News & Recent Development
- 3rd May 2023- Albemarle, the US lithium company, stated that it would be expanding its Kemerton site, north of Bunbury, by adding two extra trains for processing the vital metal which is used for battery production.
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