A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Lithium
Acetate
Market. The
study, titled “Lithium
Acetate Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2017 - 2025”,
is available for sale on the firm’s website.
Lithium
acetate is a salt which is formed by the combination of lithium and
acetic acid. Lithium acetate is used as a catalyst in the production
process of acrylic polymer, polyester, and alkyd resin. It is
employed as an additive in textiles to improve lubricity and
dying-ability. Moreover, it decreases luster. The range of products
of lithium acetate is known for its low electrical conductivity.
Lithium acetate is widely utilized in the textile industry, as raw
material for pharmaceuticals, in the production of antistatic fibers,
stabilization of polyvinyl chloride, and catalyst polymerization.
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Market Research Report @
A
major application of lithium acetate is yeast transformation. The
negative charges on the DNA molecule that has to be transformed is
neutralized by the lithium ions and phospholipid bilayer of the yeast
cell may form small holes in the plasma membrane that allows the
passage of nucleic acids. Lithium acetate or LiC2 is used as a
product for drug formulation and therapy, buffer for gel
electrophoresis of DNA and RNA, additive or catalyst for textliles
and polymer production, and precursor material for batteries. Lithium
acetate is currently available in two forms: anhydrous and dihydrate.
Anhydrous
lithium acetate is obtained by heating commercial lithium acetate
till the melting point of anhydrous salt, and then cooling it very
slowly. The crystals are covered to prevent hydration. Different
lithium acetate hydrates can be obtained by hydration of lithium
acetate, also by slow evaporation. The solvent used in this process
is isopropanol. Anhydrous lithium acetate is utilized in the
treatment of bipolar disease and also acts as a mood stabilizer. More
applications of lithium compounds are restricted due to narrow band
of therapeutic range, as little increase in serum concentrations can
lead to serious toxic reaction.
The
lithium acetate market is mainly driven by the pharmaceutical and
textile industries. Expansion of the textile or pharmaceutical
industries is likely to be a major factor for expansion of the
market, as lithium acetate is widely used by these industries. It is
preferred over other materials in the market due to its exceptional
physical property of low electrical conductivity, thereby voltage can
be increased without affecting the gel temperature much. This speeds
up the electrophoresis process. Furthermore, lithium acetate is
utilized in the electronics industry. It is used as source of lithium
where it is helpful in the production of lithium ion battery. It is
widely employed in all electronic gadgets and as a rechargeable
source of power.
North
America dominated the lithium acetate market, in terms of demand, in
2016. Asia Pacific is anticipated to expand rapidly due to
significant demand for consumer electronics in the region. China and
Japan are major contributors to the market in the region in terms of
demand. Europe was followed by North America in terms of share in
global lithium acetate market. U.S. had prominent demand for lithium
acetate in the region. The demand is due to presence of a large
number of pharmaceuticals industries in the region. In terms of
demand, Rest of the World market had the smallest share in the
lithium acetate market in the last few years. However, the scenario
in the region is anticipated to change due to the expansion of the
electronics and telecom industry coupled with increasing demand for
power devices. Rest of the World is likely to show positive outlook
for lithium acetate in the near future.
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accurate market forecast and analysis on the Lithium Acetate market.
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Some
of the Prominent players operating in the lithium acetate market
include FMC, Leverton-Clarke, American Elements, Sichuan Brivo
lithium Materials Co.,Ltd, Taiye, Shanghai Industrial, and Shanghai
Energy Lithium Industrial.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Us
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