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Can We Expect 35.9% Growth Rate by Global Lithium Sulfides Market (2021-2027)

The global Lithium Sulfides market was valued at US$ 1 million in 2020 and it is expected to reach US$ 12 million by the end of 2027, growing at a CAGR of 35.9% during 2021-2027.

Lithium sulfide is the inorganic compound with the formula Li2S. It crystallizes in the antifluorite motif, described as the salt (Li+)2S2−. It forms a solid yellow-white deliquescent powder. In air, it easily hydrolyses to release hydrogen sulfide (rotten egg odor).

Lithium sulfide (Li2S) is a product specially designed for the use in high performance batteries which can be either applied as electrode material or as precursor for solid electrolytes. At present, many applications of lithium sulfide in lithium batteries are still in the stage of R & D and testing.

Global key players of Lithium Sulfides include Lorad Chemical, Albemarle, etc. Global top 3 companies hold a share over 50%. North America is the largest market, with a share about 35%, followed by Asia Pacific and Europe with the share about 30% respectively. In terms of product, 99.9% is the largest segment, with a share about 60%. And in terms of application, the largest application is Sulfide Solid Electrolyte, with a share about 80%.

Global Lithium Sulfides Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Lithium Sulfides Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are Lorad Chemical, Albemarle, Materion, Ganfeng Lithium Co, Chengdu Hipure and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

Find more details at: https://www.themarketreports.com/report/global-lithium-sulfides-market-outlook

Segment by Type

  • 999
  • 9999

Segment by Application

  • Sulfide Solid Electrolytes
  • Lithium-sulfur Batteries Electrodes

Table of Content:

1 Lithium Sulfides Market Overview

2 Market Competition by Manufacturers

3 Production and Capacity by Region

4 Global Lithium Sulfides Consumption by Region

5 Production, Revenue, Price Trend by Type

6 Consumption Analysis by Application

7 Key Companies Profiled

8 Lithium Sulfides Manufacturing Cost Analysis

9 Marketing Channel, Distributors and Customers

10 Market Dynamics

11 Production and Supply Forecast

12 Consumption and Demand Forecast

13 Forecast by Type and by Application (2022-2027)

14 Research Finding and Conclusion

15 Methodology and Data Source

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Company Name: The Market Reports

Contact Person: Shirish Gupta

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Phone: +1-631-407-1315