LITHIUM HYDRIDE MARKET ANALYSIS
Key Trends
Key players are focusing on adopting various inorganic growth strategies such as mergers and acquisitions, joint ventures, partnerships, and new product launches to strengthen their foothold in the global lithium hydride market. For instance, in January 2017, Albemarle Corporation, one of the key players of lithium and lithium derivatives production, acquired Jiangxi Jiangli New Materials Science and Technology Co. Ltd that allows the company to supply lithium salts to strengthen its position in the lithium industry.
Market players
Some of the leading players operating in the global lithium hydride market are Merck KGaA., Albemarle Corporation, Ganfeng Lithium Co., Ltd, Santa Cruz Biotechnology, Inc., Tianjin Daofu Chemical New Technology Development Co., Ltd., American Elements, and Parad Corporation Pvt Ltd.
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