The only flaw that is attached with the use of these lithium salts is that they can be proven detrimental for the central
nervous system. The use of these compounds has been reduced as numerous toxic effects has been recognized.
Owing to all these factors, it has been anticipated that the Lithium Chloride Market will undergo a robust growth in
the near future. Lithium Chloride Market is segmented on the basis of application as Medical, Industry, Electronics,
Automotive, and Others. Lithium Chloride Market is segmented on the basis of geographical region as United States,
China, Europe, Japan, Southeast Asia, and India.
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As far as the geographical region is concerned, North America is the leading region in the market and it is estimated
that the region will go on growing with the same speed, the reason being rise in the demand across chemical sectors,
rise in the applications, industrialization, mounting investments among leading companies, and increase in the
research and development activities. On the other side, Asia Pacific and Europe are also displaying a steady growth
due to presence of leading companies in the particular regions.
The key participants that are operating in the Lithium Chloride Industry include American Elements, Harshil Industries,
Tianqi Lithium, SQM, FMC Corp, Albemarle Corp, Jiangxi Ganfeng Lithium, Leverton-Clarke, Kurt J. Lesker, Brivo
Lithium, Jiangxi Dongpeng New Materials, and Huizhi Lithium Energy.
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