Lithium Aluminum Hydride Market
Lithium Aluminum Hydride Market Analysis By Purity (95%, 97%, 99%), By Preparation Method (Schlesinger Method, High-pressure Synthesis Method), By End-Use Industry (Electronics, Chemical, Energy & Power, Pharmaceutical), and Region - Global Market Insights 2023 to 2033
Analysis of Lithium Aluminum Hydride Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Lithium Aluminum Hydride Market Outlook
The global lithium aluminum hydride market is set to estimate a valuation of US$ 171.7 million in 2023 and it is anticipated to grow at a CAGR of 5.2% to reach US$ 285.5 million by the end of 2033.
The growth is attributed to the increased use of LAH in the automotive industry and the surging demand for fuel cells.
| Report Attributes | Details |
|---|---|
| Market Size (2022A) | US$ 165.0 Million |
| Estimated Market Value (2023E) | US$ 171.7 Million |
| Forecasted Market Value (2033F) | US$ 285.5 Million |
| Global Market Growth Rate (2023 to 2033) | ~5.2% CAGR |
| North America Market Share (2023) | ~34.1% |
| East Asia Market Growth Rate (2023 to 2033) | ~5.1% CAGR |
| United States Market Growth Rate (2023 to 2033) | ~6.1% CAGR |
| East Asia Market Share (2023) | ~19.2% |
| Key Companies Profiled | Albemarle Corporation; American Elements; Cymit Química S.L.; Merck KGaA; Mitsubishi Chemicals; SRL Pvt. Ltd.; Thermo Fisher Scientific; Tokyo Chemical Industry Co., Ltd. |
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Market Buoyancy Analysis
Lithium aluminum hydride consists of a lithium-ion and aluminum hydride ion and is a remarkable reducing agent and has better performance than other reducing agents such as sodium borohydride. It is widely utilized for the reduction of carboxylic acids and esters for their primary alcohols. LAH is highly inflammable and reactive. LAH is widely utilized in different end-use industries such as chemical, pharmaceutical, and electronics industries.
LAH can be prepared using two methods Schlesinger and high-pressure synthesis methods. In the Schlesinger method LAH is produced by reacting lithium with aluminum metal while in the high-pressure synthesis method, the lithium is reacted with aluminum in the presence of hydrogen and nitrogen and under high pressure.
- Short Term (2023 to 2026): Burgeoning demand from chemical and pharmaceutical industries is driving the market for lithium aluminum hydride.
- Medium Term (2026 to 2029): Asia Pacific and Europe are anticipated to witness high lithium aluminum hydride demand on the back of the presence of manufacturers and growing demand for electric vehicles.
- Long Term (2029 to 2033): Rising demand for potential hydrogen storage materials and the inclination of the transportation industry towards zero-emission vehicles will drive lithium aluminum hydride demand in the long term.
Over the 2018 to 2022 historical period, the global lithium aluminum hydride market registered a CAGR of 3.9%, according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 5.2% CAGR between 2023 and 2033.
Market share analysis of lithium aluminum hydride based on end-use industry and region is provided in a nutshell in the above image. Under the end-use industry segment, the pharmaceuticals sub-segment dominates with a 39.1% market share in 2023.
“Lithium Aluminum Hydride Use Case as Hydrogen Storage: To Upsurge Demand”
The growing demand for energy storage solutions has led to an increase in the usage of hydrogen as a fuel. Lithium aluminum hydride, which can store up to 9% of its weight in hydrogen, is used as a hydrogen storage medium in fuel cells. When used in fuel cells, LAH can effectively and safely release large volumes of hydrogen. LAH is being studied as a possible hydrogen storage material for use in vehicles. LAH is superior to conventional hydrogen storage materials in a variety of ways due to its high storage capacity and quick hydrogen release.
The ease of use and safety of hydrogen storage and distribution are at the forefront of current research for alternate sources of hydrogen fuel due to the high pressures of the cylinders and the high flammability of the H2 gas. At room temperature and pressure, the hydrolysis of light metal hydrides like sodium borohydride, lithium borohydride, and LAH can produce hydrogen.
Refueling hydrogen gas just takes a few minutes, while recharging a battery can take anywhere from 30 minutes to 12 hours, depending on the battery's capacity and charge point speed. Thus, owing to the aforementioned factors the growing demand for the hydrogen fuel cell augments LAH sales growth.
“Potential Use of LAH in Fuel Cells to Offer Beneficial Opportunities”
With the rising greenhouse gas emissions and the road transportation industry is one of the main causes of the emission and climate change. In order to minimize their reliance on fossil fuels and reduce emissions, numerous nations have declared their intention to stop producing gasoline and diesel vehicles after 2040 in accordance with the Paris Agreement. The manufacturing and sales of zero-emission vehicles must rise in order for this goal to be achieved.
Proton exchange membrane hydrogen fuel cells are one of the most promising ways to produce power for vehicles out of renewable resources. If the hydrogen source is pure, hydrogen fuel cells are an effective way to generate clean power, leaving just water as a waste product. However, there are issues with hydrogen transport and storage.
Lithium aluminum hydride is a fuel that can be used in fuel cells. In a fuel cell, LAH is used as an anode material. Fuel cells based on LAH function according to the same principles as other fuel cells. Electrical energy is created in a fuel cell from the energy released during the reaction of the anode and cathode components. Lithium aluminum hydride offers many advantages over other anode materials.
“High Cost & Harmful Effects of LAH May Hamper the Market”
In recent years, the price of aluminum and lithium has increased due to increased consumption, the Russia-Ukraine war, custom duty prices, and various other factors. Lithium and aluminum along with other raw materials are used in the production of lithium aluminum hydride.
LAH is highly flammable and reacts violently with organic substances, oxidizers, and water. Exposure to LAH can cause a severe burning sensation in the eyes and skin. Long-term exposure can lead to spasms, coughing, nausea, laryngitis, inflammation in the bronchi, and pulmonary edema.
Due to its highly reactive nature, storage and handling require extreme precautions. It needs to be handled by wearing protective gear such as impermeable gloves, glasses, fire-retardant coat in an inert atmosphere or in the presence of inert gases. It needs to be stored in sealed containers that limit its exposure to moist air, water, or combustible materials.
Country-wise Insights
Will the Rise in End-use Industries in the U.S. Drive High Demand for Lithium Aluminum Hydride?
The US is a leader in the automobile industry had reportedly sold around 15 million light trucks and cars in 2021. Electric vehicles are expected to make up more than 50.0% of total vehicles by 2030. The increasing use of LAH in electric vehicles will support market growth.
LAH is an excellent reducing agent and reduces the chemical to their corresponding alcohols and thus is utilized in chemical and pharma industries in different manufacturing processes. The growing chemical and pharmaceutical industry will further boost the market for lithium aluminum hydride.
The United States LAH market is expected to expand at a CAGR of 6.1% over the projected period.
Why is China Lithium Aluminum Hydride Market Expected to Be Highly Lucrative?
China is a major producer of lithium and had controlled over 65.0% of total lithium refining and processing capability in 2021. China is the largest producer of aluminum and produced around 39.0 million tons of aluminum in 2021.
Owing to the abundant presence of raw materials for LAH in China and low labor costs have made the manufacturers shift their production bases to China.
Due to such favorable factors, China’s market for lithium aluminum hydride is expected to register a CAGR of 5.3% over the forecast period.
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Category-wise Insights
Why is the High-pressure Synthesis Method Dominating the Market?
Lithium aluminum hydride (LAH) is synthesized under high pressure using a process known as high-pressure synthesis. In this process, lithium metal and aluminum metal react in a nitrogen- or hydrogen-containing environment. The resulting end product is a solid, white powdered LAH that is highly reactive with both air and water.
It is the most widely used technique for making LAH. Due to its ease of use and efficiency, this method is favored above others.
Due to all of these factors, the high-pressure synthesis method sub-segment is anticipated to grow at a CAGR of 5.7% over the forecast period to reach a valuation of US$ 174.5 million by 2032.
Will Market Growth Be Led by the Pharmaceutical Industry?
Pharmaceutical preparations are made using the chemical compound lithium aluminum hydride. It has been demonstrated to reduce the activity of the enzyme DPP-IV, which breaks down the incretin hormone. It has also been demonstrated that lithium aluminum hydride has antiviral and anti-parasitic effects.
LAH prevents viral development and replication and has demonstrated its effectiveness against a variety of infectious disorders, including HIV and malaria. Lithium aluminum hydride's antiviral properties are due to its capacity to prevent protein production. Additionally, it has been demonstrated that this substance promotes the synthesis of additional growth factors including amino acid and EGF in human keratinocytes.
Owing to the above-mentioned factors, the demand for lithium aluminum hydride from the pharmaceutical industry is expected to expand at a CAGR of 5.1% in the upcoming period to reach a valuation of US$ 110.4 million by 2032.
Competitive Landscape
Prominent lithium aluminum hydride manufacturers are Albemarle Corporation, American Elements, Cymit Química S.L., Merck KGaA, Mitsubishi Chemicals, SRL Pvt. Ltd., Thermo Fisher Scientific, and Tokyo Chemical Industry Co., Ltd.
Key companies are concentrating on implementing a variety of inorganic development methods, such as mergers and acquisitions, partnerships, joint ventures, and product launches to enhance their position in the worldwide lithium aluminum hydride market.
Fact.MR has provided detailed information about the price points of key manufacturers of lithium aluminum hydride positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
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Segmentation of Lithium Aluminum Hydride Industry Research
-
By Purity:
- 95%
- 97%
- 99%
-
By Preparation Method:
- Schlesinger Method
- High-pressure Synthesis Method
-
By End-Use Industry:
- Electronics
- Chemical
- Energy & Power
- Pharmaceutical
- Others
-
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Demand (Tons) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ million) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Purity
- 7.1. 95%
- 7.2. 97%
- 7.3. 99%
- 8. Global Market Analysis and Forecast, By Preparation Method
- 8.1. Schlesinger Method
- 8.2. High-pressure Synthesis Method
- 9. Global Market Analysis and Forecast, By End-Use Industry
- 9.1. Electronics
- 9.2. Chemical
- 9.3. Energy & Power
- 9.4. Pharmaceutical
- 9.5. Others
- 10. Global Market Analysis and Forecast, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. East Asia
- 10.5. South Asia & Oceania
- 10.6. Middle East & Africa
- 11. North America Market Analysis and Forecast
- 12. Latin America Market Analysis and Forecast
- 13. Europe Market Analysis and Forecast
- 14. East Asia Market Analysis and Forecast
- 15. South Asia & Oceania Market Analysis and Forecast
- 16. Middle East & Africa Market Analysis and Forecast
- 17. Country-level Market Analysis and Forecast
- 18. Market Structure Analysis
- 19. Competition Analysis
- 19.1. Albemarle Corporation
- 19.2. American Elements
- 19.3. Cymit Química S.L.
- 19.4. Merck KGaA
- 19.5. Mitsubishi Chemicals
- 19.6. SRL Pvt. Ltd.
- 19.7. Thermo Fisher Scientific
- 19.8. Tokyo Chemical Industry Co., Ltd.
- 19.9. Other Prominent Players
- 20. Assumptions & Acronyms Used
- 21. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ million) and Forecast By Region, 2018 to 2022
Table 2: Global Market Value (US$ million) and Forecast By Region, 2023 to 2033
Table 3: Global Market Volume (Tons) and Forecast By Region, 2018 to 2022
Table 4: Global Market Volume (Tons) and Forecast By Region, 2023 to 2033
Table 5: Global Market Value (US$ million) and Forecast By Purity, 2018 to 2022
Table 6: Global Market Value (US$ million) and Forecast By Purity, 2023 to 2033
Table 7: Global Market Volume (Tons) and Forecast By Purity, 2018 to 2022
Table 8: Global Market Volume (Tons) and Forecast By Purity, 2023 to 2033
Table 9: Global Market Value (US$ million) and Forecast By Preparation Method, 2018 to 2022
Table 10: Global Market Value (US$ million) and Forecast By Preparation Method, 2023 to 2033
Table 11: Global Market Volume (Tons) and Forecast By Preparation Method, 2018 to 2022
Table 12: Global Market Volume (Tons) and Forecast By Preparation Method, 2023 to 2033
Table 13: Global Market Value (US$ million) and Forecast By End-Use Industry, 2018 to 2022
Table 14: Global Market Value (US$ million) and Forecast By End-Use Industry, 2023 to 2033
Table 15: Global Market Volume (Tons) and Forecast By End-Use Industry, 2018 to 2022
Table 16: Global Market Volume (Tons) and Forecast By End-Use Industry, 2023 to 2033
Table 17: North America Market Value (US$ million) and Forecast By Country, 2018 to 2022
Table 18: North America Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 19: North America Market Volume (Tons) and Forecast By Country, 2018 to 2022
Table 20: North America Market Volume (Tons) and Forecast By Country, 2023 to 2033
Table 21: North America Market Value (US$ million) and Forecast By Purity, 2018 to 2022
Table 22: North America Market Value (US$ million) and Forecast By Purity, 2023 to 2033
Table 23: North America Market Volume (Tons) and Forecast By Purity, 2018 to 2022
Table 24: North America Market Volume (Tons) and Forecast By Purity, 2023 to 2033
Table 25: North America Market Value (US$ million) and Forecast By Preparation Method, 2018 to 2022
Table 26: North America Market Value (US$ million) and Forecast By Preparation Method, 2023 to 2033
Table 27: North America Market Volume (Tons) and Forecast By Preparation Method, 2018 to 2022
Table 28: North America Market Volume (Tons) and Forecast By Preparation Method, 2023 to 2033
Table 29: North America Market Value (US$ million) and Forecast By End-Use Industry, 2018 to 2022
Table 30: North America Market Value (US$ million) and Forecast By End-Use Industry, 2023 to 2033
Table 31: North America Market Volume (Tons) and Forecast By End-Use Industry, 2018 to 2022
Table 32: North America Market Volume (Tons) and Forecast By End-Use Industry, 2023 to 2033
Table 33: Latin America Market Value (US$ million) and Forecast By Country, 2018 to 2022
Table 34: Latin America Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 35: Latin America Market Volume (Tons) and Forecast By Country, 2018 to 2022
Table 36: Latin America Market Volume (Tons) and Forecast By Country, 2023 to 2033
Table 37: Latin America Market Value (US$ million) and Forecast By Purity, 2018 to 2022
Table 38: Latin America Market Value (US$ million) and Forecast By Purity, 2023 to 2033
Table 39: Latin America Market Volume (Tons) and Forecast By Purity, 2018 to 2022
Table 40: Latin America Market Volume (Tons) and Forecast By Purity, 2023 to 2033
Table 41: Latin America Market Value (US$ million) and Forecast By Preparation Method, 2018 to 2022
Table 42: Latin America Market Value (US$ million) and Forecast By Preparation Method, 2023 to 2033
Table 43: Latin America Market Volume (Tons) and Forecast By Preparation Method, 2018 to 2022
Table 44: Latin America Market Volume (Tons) and Forecast By Preparation Method, 2023 to 2033
Table 45: Latin America Market Value (US$ million) and Forecast By End-Use Industry, 2018 to 2022
Table 46: Latin America Market Value (US$ million) and Forecast By End-Use Industry, 2023 to 2033
Table 47: Latin America Market Volume (Tons) and Forecast By End-Use Industry, 2018 to 2022
Table 48: Latin America Market Volume (Tons) and Forecast By End-Use Industry, 2023 to 2033
Table 49: Europe Market Value (US$ million) and Forecast By Country, 2018 to 2022
Table 50: Europe Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 51: Europe Market Volume (Tons) and Forecast By Country, 2018 to 2022
Table 52: Europe Market Volume (Tons) and Forecast By Country, 2023 to 2033
Table 53: Europe Market Value (US$ million) and Forecast By Purity, 2018 to 2022
Table 54: Europe Market Value (US$ million) and Forecast By Purity, 2023 to 2033
Table 55: Europe Market Volume (Tons) and Forecast By Purity, 2018 to 2022
Table 56: Europe Market Volume (Tons) and Forecast By Purity, 2023 to 2033
Table 57: Europe Market Value (US$ million) and Forecast By Preparation Method, 2018 to 2022
Table 58: Europe Market Value (US$ million) and Forecast By Preparation Method, 2023 to 2033
Table 59: Europe Market Volume (Tons) and Forecast By Preparation Method, 2018 to 2022
Table 60: Europe Market Volume (Tons) and Forecast By Preparation Method, 2023 to 2033
Table 61: Europe Market Value (US$ million) and Forecast By End-Use Industry, 2018 to 2022
Table 62: Europe Market Value (US$ million) and Forecast By End-Use Industry, 2023 to 2033
Table 63: Europe Market Volume (Tons) and Forecast By End-Use Industry, 2018 to 2022
Table 64: Europe Market Volume (Tons) and Forecast By End-Use Industry, 2023 to 2033
Table 65: East Asia Market Value (US$ million) and Forecast By Country, 2018 to 2022
Table 66: East Asia Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 67: East Asia Market Volume (Tons) and Forecast By Country, 2018 to 2022
Table 68: East Asia Market Volume (Tons) and Forecast By Country, 2023 to 2033
Table 69: East Asia Market Value (US$ million) and Forecast By Purity, 2018 to 2022
Table 70: East Asia Market Value (US$ million) and Forecast By Purity, 2023 to 2033
Table 71: East Asia Market Volume (Tons) and Forecast By Purity, 2018 to 2022
Table 72: East Asia Market Volume (Tons) and Forecast By Purity, 2023 to 2033
Table 73: East Asia Market Value (US$ million) and Forecast By Preparation Method, 2018 to 2022
Table 74: East Asia Market Value (US$ million) and Forecast By Preparation Method, 2023 to 2033
Table 75: East Asia Market Volume (Tons) and Forecast By Preparation Method, 2018 to 2022
Table 76: East Asia Market Volume (Tons) and Forecast By Preparation Method, 2023 to 2033
Table 77: East Asia Market Value (US$ million) and Forecast By End-Use Industry, 2018 to 2022
Table 78: East Asia Market Value (US$ million) and Forecast By End-Use Industry, 2023 to 2033
Table 79: East Asia Market Volume (Tons) and Forecast By End-Use Industry, 2018 to 2022
Table 80: East Asia Market Volume (Tons) and Forecast By End-Use Industry, 2023 to 2033
Table 81: South Asia & Oceania Market Value (US$ million) and Forecast By Country, 2018 to 2022
Table 82: South Asia & Oceania Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 83: South Asia & Oceania Market Volume (Tons) and Forecast By Country, 2018 to 2022
Table 84: South Asia & Oceania Market Volume (Tons) and Forecast By Country, 2023 to 2033
Table 85: South Asia & Oceania Market Value (US$ million) and Forecast By Purity, 2018 to 2022
Table 86: South Asia & Oceania Market Value (US$ million) and Forecast By Purity, 2023 to 2033
Table 87: South Asia & Oceania Market Volume (Tons) and Forecast By Purity, 2018 to 2022
Table 88: South Asia & Oceania Market Volume (Tons) and Forecast By Purity, 2023 to 2033
Table 89: South Asia & Oceania Market Value (US$ million) and Forecast By Preparation Method, 2018 to 2022
Table 90: South Asia & Oceania Market Value (US$ million) and Forecast By Preparation Method, 2023 to 2033
Table 91: South Asia & Oceania Market Volume (Tons) and Forecast By Preparation Method, 2018 to 2022
Table 92: South Asia & Oceania Market Volume (Tons) and Forecast By Preparation Method, 2023 to 2033
Table 93: South Asia & Oceania Market Value (US$ million) and Forecast By End-Use Industry, 2018 to 2022
Table 94: South Asia & Oceania Market Value (US$ million) and Forecast By End-Use Industry, 2023 to 2033
Table 95: South Asia & Oceania Market Volume (Tons) and Forecast By End-Use Industry, 2018 to 2022
Table 96: South Asia & Oceania Market Volume (Tons) and Forecast By End-Use Industry, 2023 to 2033
Table 97: MEA Market Value (US$ million) and Forecast By Country, 2018 to 2022
Table 98: MEA Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 99: MEA Market Volume (Tons) and Forecast By Country, 2018 to 2022
Table 100: MEA Market Volume (Tons) and Forecast By Country, 2023 to 2033
Table 101: MEA Market Value (US$ million) and Forecast By Purity, 2018 to 2022
Table 102: MEA Market Value (US$ million) and Forecast By Purity, 2023 to 2033
Table 103: MEA Market Volume (Tons) and Forecast By Purity, 2018 to 2022
Table 104: MEA Market Volume (Tons) and Forecast By Purity, 2023 to 2033
Table 105: MEA Market Value (US$ million) and Forecast By Preparation Method, 2018 to 2022
Table 106: MEA Market Value (US$ million) and Forecast By Preparation Method, 2023 to 2033
Table 107: MEA Market Volume (Tons) and Forecast By Preparation Method, 2018 to 2022
Table 108: MEA Market Volume (Tons) and Forecast By Preparation Method, 2023 to 2033
Table 109: MEA Market Value (US$ million) and Forecast By End-Use Industry, 2018 to 2022
Table 110: MEA Market Value (US$ million) and Forecast By End-Use Industry, 2023 to 2033
Table 111: MEA Market Volume (Tons) and Forecast By End-Use Industry, 2018 to 2022
Table 112: MEA Market Volume (Tons) and Forecast By End-Use Industry, 2023 to 2033
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List Of Figures
Figure 1: Global Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 2: Global Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 3: Global Market Value (US$ million) and Volume (Tons) By Region, 2023 & 2033
Figure 4: Global Market Y-o-Y Growth Rate By Region, 2023 to 2033
Figure 5: Global Market Value (US$ million) and Volume (Tons) By Purity, 2023 & 2033
Figure 6: Global Market Y-o-Y Growth Rate By Purity, 2023 to 2033
Figure 7: Global Market Value (US$ million) and Volume (Tons) By Preparation Method, 2023 & 2033
Figure 8: Global Market Y-o-Y Growth Rate By Preparation Method, 2023 to 2033
Figure 9: Global Market Value (US$ million) and Volume (Tons) By End-Use Industry, 2023 & 2033
Figure 10: Global Market Y-o-Y Growth Rate By End-Use Industry, 2023 to 2033
Figure 11: North America Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 12: North America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 13: North America Market Value (US$ million) and Volume (Tons) By Country, 2023 & 2033
Figure 14: North America Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 15: North America Market Value (US$ million) and Volume (Tons) By Purity, 2023 & 2033
Figure 16: North America Market Y-o-Y Growth Rate By Purity, 2023 to 2033
Figure 17: North America Market Value (US$ million) and Volume (Tons) By Preparation Method, 2023 & 2033
Figure 18: North America Market Y-o-Y Growth Rate By Preparation Method, 2023 to 2033
Figure 19: North America Market Value (US$ million) and Volume (Tons) By End-Use Industry, 2023 & 2033
Figure 20: North America Market Y-o-Y Growth Rate By End-Use Industry, 2023 to 2033
Figure 21: North America Market Attractiveness Analysis By Country, 2023 to 2033
Figure 22: North America Market Attractiveness Analysis By Purity, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis By Preparation Method, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis By End-Use Industry, 2023 to 2033
Figure 25: Latin America Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 26: Latin America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 27: Latin America Market Value (US$ million) and Volume (Tons) By Country, 2023 & 2033
Figure 28: Latin America Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 29: Latin America Market Value (US$ million) and Volume (Tons) By Purity, 2023 & 2033
Figure 30: Latin America Market Y-o-Y Growth Rate By Purity, 2023 to 2033
Figure 31: Latin America Market Value (US$ million) and Volume (Tons) By Preparation Method, 2023 & 2033
Figure 32: Latin America Market Y-o-Y Growth Rate By Preparation Method, 2023 to 2033
Figure 33: Latin America Market Value (US$ million) and Volume (Tons) By End-Use Industry, 2023 & 2033
Figure 34: Latin America Market Y-o-Y Growth Rate By End-Use Industry, 2023 to 2033
Figure 35: Latin America Market Attractiveness Analysis By Country, 2023 to 2033
Figure 36: Latin America Market Attractiveness Analysis By Purity, 2023 to 2033
Figure 37: Latin America Market Attractiveness Analysis By Preparation Method, 2023 to 2033
Figure 38: Latin America Market Attractiveness Analysis By End-Use Industry, 2023 to 2033
Figure 39: Europe Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 40: Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 41: Europe Market Value (US$ million) and Volume (Tons) By Country, 2023 & 2033
Figure 42: Europe Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 43: Europe Market Value (US$ million) and Volume (Tons) By Purity, 2023 & 2033
Figure 44: Europe Market Y-o-Y Growth Rate By Purity, 2023 to 2033
Figure 45: Europe Market Value (US$ million) and Volume (Tons) By Preparation Method, 2023 & 2033
Figure 46: Europe Market Y-o-Y Growth Rate By Preparation Method, 2023 to 2033
Figure 47: Europe Market Value (US$ million) and Volume (Tons) By End-Use Industry, 2023 & 2033
Figure 48: Europe Market Y-o-Y Growth Rate By End-Use Industry, 2023 to 2033
Figure 49: Europe Market Attractiveness Analysis By Country, 2023 to 2033
Figure 50: Europe Market Attractiveness Analysis By Purity, 2023 to 2033
Figure 51: Europe Market Attractiveness Analysis By Preparation Method, 2023 to 2033
Figure 52: Europe Market Attractiveness Analysis By End-Use Industry, 2023 to 2033
Figure 53: East Asia Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 54: East Asia Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 55: East Asia Market Value (US$ million) and Volume (Tons) By Country, 2023 & 2033
Figure 56: East Asia Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 57: East Asia Market Value (US$ million) and Volume (Tons) By Purity, 2023 & 2033
Figure 58: East Asia Market Y-o-Y Growth Rate By Purity, 2023 to 2033
Figure 59: East Asia Market Value (US$ million) and Volume (Tons) By Preparation Method, 2023 & 2033
Figure 60: East Asia Market Y-o-Y Growth Rate By Preparation Method, 2023 to 2033
Figure 61: East Asia Market Value (US$ million) and Volume (Tons) By End-Use Industry, 2023 & 2033
Figure 62: East Asia Market Attractiveness Analysis By Country, 2023 to 2033
Figure 63: East Asia Market Attractiveness Analysis By Purity, 2023 to 2033
Figure 64: East Asia Market Attractiveness Analysis By Preparation Method, 2023 to 2033
Figure 65: East Asia Market Attractiveness Analysis By End-Use Industry, 2023 to 2033
Figure 66: South Asia & Oceania Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 67: South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 68: South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Country, 2023 & 2033
Figure 69: South Asia & Oceania Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 70: South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Purity, 2023 & 2033
Figure 71: South Asia & Oceania Market Y-o-Y Growth Rate By Purity, 2023 to 2033
Figure 72: South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Preparation Method, 2023 & 2033
Figure 73: South Asia & Oceania Market Y-o-Y Growth Rate By Preparation Method, 2023 to 2033
Figure 74: South Asia & Oceania Market Value (US$ million) and Volume (Tons) By End-Use Industry, 2023 & 2033
Figure 75: South Asia & Oceania Market Y-o-Y Growth Rate By End-Use Industry, 2023 to 2033
Figure 76: South Asia & Oceania Market Attractiveness Analysis By Country, 2023 to 2033
Figure 77: South Asia & Oceania Market Attractiveness Analysis By Purity, 2023 to 2033
Figure 78: South Asia & Oceania Market Attractiveness Analysis By Preparation Method, 2023 to 2033
Figure 79: South Asia & Oceania Market Attractiveness Analysis By End-Use Industry, 2023 to 2033
Figure 80: MEA Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 81: MEA Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 82: MEA Market Value (US$ million) and Volume (Tons) By Country, 2023 & 2033
Figure 83: MEA Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 84: MEA Market Value (US$ million) and Volume (Tons) By Purity, 2023 & 2033
Figure 85: MEA Market Y-o-Y Growth Rate By Purity, 2023 to 2033
Figure 86: MEA Market Value (US$ million) and Volume (Tons) By Preparation Method, 2023 & 2033
Figure 87: MEA Market Y-o-Y Growth Rate By Preparation Method, 2023 to 2033
Figure 88: MEA Market Value (US$ million) and Volume (Tons) By End-Use Industry, 2023 & 2033
Figure 89: MEA Market Y-o-Y Growth Rate By End-Use Industry, 2023 to 2033
Figure 90: MEA Market Attractiveness Analysis By Country, 2023 to 2033
Figure 91: MEA Market Attractiveness Analysis By Purity, 2023 to 2033
Figure 92: MEA Market Attractiveness Analysis By Preparation Method, 2023 to 2033
Figure 93: MEA Market Attractiveness Analysis By End-Use Industry, 2023 to 2033
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- FAQs -
What is the global lithium aluminum hydride market size?
The global lithium aluminum hydride market is valued at US$ 171.7 million in 2023.
How is the market for lithium aluminum hydride expected to fare going forward?
Worldwide demand for lithium aluminum hydride is anticipated to reach US$ 285.5 million by 2033-end.
Which regional lithium aluminum hydride market accounts for a leading market share?
North America tops the global lithium aluminum hydride market accounting for 34.1% market share.
Which preparation method holds the highest market share?
High-pressure Synthesis Methods account for 58.4% share of global sales.
How did the market perform over the last few years?
During 2018 to 2022, sales of lithium aluminum hydride increased at 3.9% CAGR.
Lithium Aluminum Hydride Market