Lithium bromide is a hygroscopic compound of bromine and lithium. It is produced by treatment of lithium carbonate with hydrobromic acid. It is a white powder with a bitter taste. It has great affinity to water vapor. It is soluble in water, glycol and alcohol. Its various uses are in air conditioning, industrial drying, medicine industry, brazing and welding.
In the medical sector, it is used to treat bipolar disorder and as a sedative. In refrigeration systems, it is used as an absorbent water being the refrigerant. It absorbs the water and the solution is pumped to generator where it is heated. To increase the capacity of the system, the absorbent’s concentration should be increased. It is used as a salt in organic synthesis where it acts as a reagent. With some pharmaceuticals, it forms adducts.
This report aims to estimate the Global Lithium bromide market for 2014 and to project the expected demand of the same by 2019. This market research study provides a detailed qualitative and quantitative analysis of the Global Lithium bromide market. It provides a comprehensive review of major drivers and restraints of the market. The Global Lithium bromide market is also segmented into major application and geographies.
An in-depth market share analysis, in terms of revenue, of the top companies is also included in the report. These numbers are arrived at based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts, key opinion leaders such as CEOs, directors, and marketing executives. A detailed market share analysis of the major players in global Lithium bromide market has been covered in this report. Some of the major companies in this market are Albemarle, Jordan Bromine, Perekop Bromine, Morre-TEC, Honjo Chemical, MHC Industrial, Shandong Tianxin Chemical, Chemetall GmbH, Shandong Haiwang Chemical, Westman Chemicals etc.
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